Latest News
FastForward Innovations sells entire holding in Cryptologic
Technology and life sciences investment fund FastForward Innovations has completed the sale of its entire holding of debentures in investee company Cryptologic Corporation, formerly Vogogo, it announced on Wednesday.
Trans-Siberian Gold shares plunge on revised resource at Asacha
Russia-focussed low-cost, high-grade gold producer Trans-Siberian Gold updated its mineral resource estimate for the Asacha Gold Mine in Kamchatka, Far East Russia on Wednesday.
RBC upgrades Imperial Brands despite lack of dividend reset
Analysts at RBC Capital Markets upgraded their recommendation for shares of Imperial Brands from 'underperform' to 'sector outperform', hailing the tobacco manufacturer's multiple moves to "restore" credibility with investors, and bumped up their target price.
Avacta Group enters joint venture with South Korea's Daewoong
Biotherapeutics and reagents developer Avacta Group has agreed to establish a joint venture in South Korea with Daewoong Pharmaceutical, it announced on Wednesday, and to enter into a collaboration and license agreement for the joint venture to develop the next generation of cell and gene therapies, incorporating its ‘Affimer’ proteins to enhance the immune-modulatory effects.
Arc Minerals upbeat on latest results from Cheyeza East drilling
Zambia-focussed copper exploration and development company Arc Minerals announced further near-surface, wide intersections of copper mineralisation with high-grade intercepts from its maiden diamond drill exploration programme at the Cheyeza East target on Wednesday.
US private sector adds more jobs than expected in December - ADP
Private sector employment in the US rose more than expected in December, according to figures released by ADP on Wednesday.
Finablr says no material impact from ransomware attack on Travelex
Travelex owner Finablr said on Wednesday that there would be no material financial impact from the software virus that led to the foreign exchange business being taken offline last week.
Cluff Natural Resources appoints Sarah McLeod as chief financial officer
Natural resources investing company Cluff Natural Resources announced the appointment of Sarah McLeod as its chief financial officer on Wednesday, reporting to the board of directors.
Ebiquity acquiring media monitoring and optimisation service Digital Decisions
Independent marketing and media consultancy Ebiquity announced the acquisition of digital media monitoring and optimisation service Digital Decisions on Wednesday, for an initial consideration of €0. 7m (£0. 59m).
Real Estate Investors pleased with performance in 2019
Midlands-focussed real estate investment trust Real Estate Investors updated the market on its trading in 2019 on Wednesday, reporting that its 1. 59 million square foot portfolio with 280 occupiers across 53 assets remained “well-balanced”, with additional value being created via asset management initiatives.
FTSE 250 movers: Sirius Minerals surges on Anglo news; Finablr tumbles
London’s FTSE 250 was down 0. 9% at 21,632. 46 in afternoon trade on Wednesday.
Carlos Ghosn takes aim at Nissan, Japanese authorities as he vows to clear name
Carlos Ghosn, the fugitive former chairman of Nissan, has launched an impassioned defence of the charges against him, accusing the Japanese car manufacturer and authorities of conspiring together and railing against his treatment while in prison.
Ofcom outlines plans to support rapid full-fibre deployment
Homes and businesses across the UK were told they would benefit from “much faster and more reliable” fibre broadband under major proposals set out by the regulator Ofcom on Wednesday.
Europe midday: Relief rally for stocks as traders eye possible de-escalation in Mideast
Stocks across the Continent were rapidly climbing higher on Wednesday, after Iran apparently chose not to draw blood with a missile strike overnight against US bases in Iraq, which some market commentary said might leave a way out to the escalating hostilities between the two countries.
FTSE 100 movers: Smiths boosted by upgrade; NMC Health falls again
London’s FTSE 100 was down 0. 3% at 7,549. 06 in afternoon trade on Wednesday as investors digested news of Iran’s retaliation against the US killing of Iranian general Qasem Soleimani.
Alpha FX expects FY revenues to top £35m
Foreign exchange payments group Alpha FX said trading had continued to be strong since its last update, with full-year revenues now expected to top £35. 0m.
TikTok reports security flaws on platform that could lead hackers to steal data
TikTok reported security flaws on its video-sharing platform that may have let hackers add or delete videos, change privacy settings and steal personal data.
Wednesday broker round-up
Elementis: Jefferies downgrades to hold with a target price of 190p.
S4 Capital to buy Circus Marketing; trading in line
Martin Sorrell’s S4 Capital said on Wednesday that it had agreed to buy Mexico City-based data-driven content agency Circus Marketing for an undisclosed sum.
US pre-open: Futures point to mixed open following attack on Iraqi airbase
US futures had stocks opening somewhat mixed on Wednesday as news broke that Iran had fired rockets at an Iraqi airbase hosting American troops.