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Latest News
26 Nov
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Rockfire shares surge on recent drilling results at Plateau

Gold and base metals-focussed explorer Rockfire Resources announced on Tuesday that drilling to test a geophysical target had returned broad, consistent gold assays, indicative of a large-scale gold deposit.

26 Nov
Oil rig, oil & gas, drilling
Global Petroleum upbeat on latest estimates from offshore Namibia licence

Global Petroleum announced its estimate of prospective resources for PEL0094, or Block 2011A, offshore Namibia on Tuesday, where it holds a working interest of 85% and is the operator.

26 Nov
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Allergy Therapeutics to take 'stepwise approach' to upcoming grass study

Commercial biotechnology company Allergy Therapeutics updated the market on its grass MATA MPL phase 3 study, due to start in autumn 2020, on Tuesday, reporting that following further investigation of the phase 3 birch MATA MPL study, the upcoming grass study would now take a ‘stepwise approach’.

26 Nov
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Best Buy beats forecasts, raises FY guidance

US electronics retailer Best Buy raised its full-year earnings guidance on Tuesday morning as its quarterly figures came in ahead of analysts' expectations.

26 Nov
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Alibaba jumps after HK trading debut

Shares of Alibaba jumped on the day of their trading debut on the Hong Kong Stock Exchange, amid heightened demand from retail investors.

26 Nov
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SME borrowers to benefit from new and extended facilities, 1pm says

Independent specialist finance provider 1pm has secured new and extended facilities to provide further funding for UK small to medium enterprises (SMEs), it announced on Tuesday.

26 Nov
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WANdisco renews and expands contract with US customer

Live data company WANdisco has signed a contract valued at more than $0. 5m (£0. 39m) with a Fortune 500 technology company, it announced on Tuesday.

26 Nov
ep alibabacom
Asia report: Markets mostly higher as Alibaba makes Hong Kong debut

Markets in Asia finished mostly higher on Tuesday, taking their lead from a bumper session on Wall Street overnight, with Alibaba surging on its debut in Hong Kong.

26 Nov
Tuesday broker round-up

Hiscox: HSBC upgrades to buy with a target price of 1,465p.

26 Nov
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Independent Oil & Gas names Rupert Newall as new CFO

Development and production company Independent Oil and Gas revealed that Rupert Newall would be taking over as its new chief financial officer on Tuesday, with immediate effect.

26 Nov
rolls royce engineering
Rolls-Royce secures $1.2bn defence services contract

Aerospace and defence giant Rolls-Royce said on Tuesday that it has secured a five-year defence services contract worth $1. 2bn .

26 Nov
Topps Tiles
Topps Tiles highlights 'more challenging' recent trading conditions

Topps Tiles reported a decline in full-year profit on Tuesday as it warned that the start of the new financial year had been hit by more challenging trading conditions as the upcoming general election weighs on consumer demand.

26 Nov
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IMImobile swings to profit as Americas propel revenue growth

IMImobile on Tuesday swung to an interim profit as a double digit increase in revenue was driven by a strong performance on the other side of the Atlantic.

26 Nov
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Bank of England fines Citi £44m over regulatory failings

The UK operations of American bank Citigroup have been fined £44. 0m by the Bank of England for regulatory failings.

26 Nov
Victoria profit hit by interest costs from bond offering

Floor coverings manufacturer and distributor Victoria reported a 2% dip in first-half pre-tax profit on Tuesday despite a rise in revenue as it took a hit from increased interest costs from its bond offering earlier in the year.

26 Nov
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US pre-open: Futures point to flat open as US and China look to resolve 'core issues'

US futures were pointing to a broadly flat open on Tuesday following further conversations between officials in Washington and Beijing.

26 Nov
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Google fires four employees over data-security breach

Google sent an email to employees on Monday announcing its decision to fire four employees for allegedly violating its data-security policies.

26 Nov
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Berenberg lowers target price for Fevertree but anticipates 'massive' global expansion

Analysts at Berenberg lowered their target price on shares of soft drinks maker Fevertree on Tuesday, noting that UK growth had been "less smooth" than it had been in the US.

26 Nov
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Jefferies highlights Paragon Banking's 'strong' capital position and more diverse funding

Jefferies reiterated its 'buy' recommendation on shares of Paragon Banking Group, highlighting the "flexibility and robustness" of the lender's capital position and forecasting continued expansion in its net interest margins and loan book growth.

26 Nov
cb trade war europ 11
US and China reach 'consensus' over trade deal - report

Washington and Beijing have reportedly reached a ‘consensus’ on trade talks, spurring hopes that a deal could be imminent.