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Latest News
03 Oct
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KRM22 signs 'significant' new contract for Enterprise Rick Cockpit

Technology and software investment company KRM22 announced the signing of a significant new customer contract for its ‘Enterprise Risk Cockpit’ on Thursday.

03 Oct
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Pit wall and ramp fails at Avesoro's New Liberty mine

Avesoro Resources announced on Thursday that a pit wall and ramp failure occurred in the Kinjor pit at its New Liberty Gold mine in Liberia, on 1 October.

03 Oct
oilfield
TomCo outlines work needed at Holliday A Block

US-focussed oil shale exploration and development group TomCo Energy updated the market on the work it had been undertaking since completion of the field test programme at its Holliday A Block in Utah on Thursday.

03 Oct
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Watkin Jones progresses with a number of development opportunities

Multi-occupancy residential property developer Watkin Jones updated the market on a number of transactions in its core sectors on Thursday, reporting the forward funding of a 762-unit mixed purpose-built student accommodation (PBSA) and build-to-rent development in Sheffield, and the sale of 400 student beds across two schemes in Chester.

03 Oct
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Trump lashes out at Democrats over impeachment inquiry

US President Donald Trump lashed out at congressional Democrats for wasting Americans' time with "BULL****" over the new impeachment inquiry filed against him.

03 Oct
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Clear Leisure acquires 20pc of Italy crowdfunding platform ForCrowd

Clear Leisure announced the acquisition of a 20% interest in Italy-based equity crowdfunding platform ForCrowd on Thursday, reporting that consideration of £0. 19m would be settled by the issue of 54,218,847 new ordinary shares at a price of 0. 3482p each.

03 Oct
pepsi
PepsiCo tops estimates as marketing investment pays off

Food and beverage giant PepsiCo topped expectations with quarterly earnings and revenue figures on Thursday after an increase in advertising spend paid dividends.

03 Oct
ITM Power, energy storage
ITM Power's full-year loss widens but Linde buys 20% stake

ITM Power on Thursday reported a widened annual loss on the back of increased spending on research and development and for the production of prototypes, but confirmed a fundraise of as much as a £58. 8m via a so-called 'cornerstone' investment, a placing with institutional investors and an open offer, alongside a collaboration agreement with German chemicals giant Linde.

03 Oct
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Peel Hunt slashes target on Ted Baker following profit warning

Analysts at Peel Hunt absolutely slashed their target price on fashion retailer Ted Baker from 950. 0p down to 500. 0p on Thursday following a far from "ordinary" profit warning from the group.

03 Oct
City workers
US jobless claims tick higher

The number of Americans filing for unemployment benefits rose a little less week, according to figures released by the Department for Labor on Thursday.

03 Oct
Ted Baker fashion
Ted Baker tumbles as it swings to interim loss, warns on full year

Ted Baker shares slumped on Thursday as the fashion retailer said it swung to an interim loss, slashed its dividend and warned over its full-year results amid "very challenging" trading conditions.

03 Oct
thruvision digital barriers
Thruvision revenues increase as commercial momentum continues

Screening technology specialist Thruvision has continued to drive good commercial momentum, with revenues increasing year-on-year.

03 Oct
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Europe midday: Markets mixed as US tariffs less drastic than anticipated

Stocks on the Continent were mixed at lunchtime on Thursday after US trade tariffs on European luxury goods proved less severe than had been feared, though key survey readings pointed to stalling euro area economic growth and a potential drop into recession by Germany.

03 Oct
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US pre-open: Stocks called to open higher following two days of heavy losses

US futures had stocks bouncing back slightly on Thursday following an 838-point drop on the Dow Jones Industrials over the last two days.

03 Oct
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Netflix receives €57000 tax rebate from UK government in 2018

Streaming giant Netflix received a €57,000 (£51,000) tax rebate from the UK government last year despite making an estimated £700. 0m from just its UK subscribers.

03 Oct
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Thursday broker round-up

Filtrona: Peel Hunt upgrades to buy with a target price of 140p.

03 Oct
Japan, Nikkei, Tokyo, Asia
Asia report: Markets weaker as growth concerns simmer

Markets in Asia were in the red on Thursday, as concerns around a slowing global economy continued to grow, and after the United States announced a fresh set of tariffs to be applied to imports from the European Union.

03 Oct
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Self-driving cars reach London streets in new trial

Ford hit a UK milestone for self-driving vehicles this week with the first test drive of one of its cars around Stratford.

03 Oct
london stock exchange paternoster
London midday: Stocks weaker as services data disappoints

London stocks were still in the red by midday on Thursday, but sterling maintained its poise as the latest services data suggested that the UK economy has slipped into recession.

03 Oct
H&M shares hit two-year high after 'well-received' summer sales

Hennes&Mauritz posted its first increase in quarterly earnings for 2019 thanks to a well-received summer collection that allowed the company to reduce its inventory levels, sending it shares to their best level since end-2017.