Latest News
Vast Resources raises £0.66m via subscription from new investor
Vast Resources has raised in aggregate £0. 66m through a placing of 595,454,545 ordinary shares at a price of 0. 11p each, it announced on Thursday.
Bayer buys Bluerock Therapeutics for up to $600m
Germany's Bayer said it would pay up to $600m (£493m) to take control of cell therapy developer BlueRock Therapeutics.
Berenberg lowers target price on Synthomer
Analysts at Berenberg reiterated their 'buy' rating on speciality chemicals maker Synthomer on Thursday following the group's "robust" second-quarter results.
Ovoca Bio details 'year of great operational progress'
Drug development outfit Ovoca Bio's chief executive Kirill Golovanov reflected on "a year of great operational progress" at the group's annual general meeting on Thursday.
Co-op Bank narrows losses but warns of 'intense' competition, margin pressure
Pre-tax losses at the Co-operative Bank narrowed in the first half of the year but the bank warned on Thursday of "intense" market competition and sustained pressure on margins.
Burford Capital considering share buyback as it hits back at Muddy Waters again
Burford Capital said it was considering buying back shares after a damning report by US research firm Muddy Waters sent its stock price tumbling this week.
Bank of Georgia in GEL 100m loan deal for small firms
Bank of Georgia Group said its JSC Bank of Georgia unit and International Finance Corp (IFC) had signed a GEL 100m (£28m) loan agreement to support micro, small and medium sized enterprises with local currency.
Jobless claims continue to point to solid hiring in the US
A key indicator of US labour demand continued to point to robust hiring conditions through last week.
US pre-open: Futures point to modest gains following rollercoaster session
Wall Street futures had major indices opening higher on Thursday after some rollercoaster trading in the previous session.
Thursday broker round-up
Arrow Global Group: Peel Hunt downgrades to sell with a target price of 200p.
Credit Suisse hikes target for Ultra Electronics sending shares to 52-week high
Shares of Ultra Electronics hit a fresh 52-week high after analysts at Credi Suisse bumped up their target price on the shares of the defence electronic outfit in the wake of its latest half-year numbers.
Brexit woes, US-China trade war hit Savills profit
Brexit woes and the US-China trade spat hit interim results at upmarket real estate agent Savills as customers steered clear of making deals.
Experian buys US-based MyHealthDirect for undisclosed sum
Experian has bought US-based MyHealthDirect, a provider of digital care coordination solutions, for an undisclosed sum.
Asia report: Markets rise as China exports unexpectedly improve
Markets in Asia ended mostly in the green on Thursday, after fresh data from China showed an unexpected increase in the country’s exports in July amid the ongoing trade war with the United States.
NMC Health backs FY guidance after share price slump
UAE-based healthcare operator NMC Health issued a statement on Thursday to reassure investors following the recent slump in its share price, insisting that it was trading in line with management expectations and backing its full-year guidance.
Intelligent Ultrasound raising £6.5m in placing and open offer
Ultrasound software and simulation company Intelligent Ultrasound announced an oversubscribed placing to raise £6. 25m before fees and expenses on Thursday, through the conditional issue of 62,500,000 placing shares at 10p each.
Volumes and profits rise comfortably for Coca-Cola European Partners
Coca-Cola European Partners reported a 2% improvement in volumes in its first half on Thursday, to 1. 21 billion cases, while its revenue grew by 7% to a reported €5. 8bn.
London midday: Stocks maintain small gains after China data; Hargreaves Lansdown shines
London equity markets were still in the green by midday, with sentiment buoyed by a surprise jump in Chinese exports, but the FTSE 100 underperformed its European peers as a host of stocks went ex-dividend.
BBVA offloads Paraguay operation in $270m deal
BBVA has reached agreement with Banco GNB Paraguay, an affiliate of Grupo Financiero Gilinski, for the sale of the entire stake that BBVA holds in BBVA Paraguay, it announced on Thursday.
Slow motion train crash feared in Italy as Salvini asks for finance minister's head
Italian deputy Prime Minister Matteo Salvini threatened to topple the government in Rome unless the PM, Giuseppe Conte, replaced various cabinet members, including the finance minister.