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Indivior surges again as Jefferies, Citi upgrade after $600m settlement
Indivior surged on Monday as Jefferies and Citi upgraded their ratings on the stock after the company reached a settlement with US authorities related to its opioid addiction treatment Suboxone.
Berenberg raises target price on Tate & Lyle
Analysts at Berenberg slightly raised their target price on 'hold' rated food ingredients manufacturer Tate & Lyle on Monday, stating the group's first-quarter update was "sweeter than expected".
Moody's downgrades Rolls-Royce credit rating to junk
Ratings agency Moody’s downgraded Rolls-Royce’s credit rating to junk on Monday, saying it expects "substantial" cash outflows as the engine maker takes a hit from the coronavirus pandemic.
Europe midday: Stocks mixed amid slump in travel names, Ibex 35 lags
Stocks in Europe were still trading slight,ly lower come midday amid concerns around a possible second wave of Covid-19 infections, particularly in Spain, and ongoing tensions between China and the US.
US pre-open: Futures point to early gains amid stimulus talks
Wall Street futures had stocks opening higher ahead of the bell on Monday as market participants prepared for a week full of major corporate earnings amid continued stimulus talks in Washington.
Tertiary Minerals upbeat on sampling at Mt Tobin
Tertiary Minerals released analytical results from preliminary reconnaissance sampling at its Mt Tobin Silver Prospect in Nevada on Monday, describing a “large area of hydrothermal alteration” at the main target, 60 metres wide and 1,200 metres long, with an associated silver geochemical anomaly recorded by a previous explorer.
Gold prices hit record high on Sino-US tensions, Covid concerns
Gold prices hit a record high on Monday, rising above $1,900 for the first time since 2011 amid escalating tensions between the US and China and concerns about a second wave of coronavirus infections.
London midday: Stocks pare losses as gold rally boosts precious metals miners
London stocks were off earlier lows by midday on Monday as a strong showing from precious metals miners helped to offset weakness in the travel sector, after Ryanair warned over a second wave of coronavirus infections.
Midatech raises £5m to fund Q-Sphera development
Drug delivery technology company Midatech Pharma has raised £5m before expenses via a placing to investors in the UK, it announced on Monday, to advance and develop its ‘Q-Sphera’ products and technology, and for general corporate purposes.
Richland agrees reverse takeover deal for Carolina gold projects
Richland Resources has entered into a binding share purchase agreement with the shareholders of Global Asset Resources (GAR), it announced on Monday, for the conditional acquisition of GAR.
Asia report: Markets finish mixed as US-China tensions linger
Markets in Asia finished in a mixed state on Monday, as gold prices reached a new record high amid continuing tensions between the United States and China.
German business sentiment improves again in July
German business sentiment improved more than expected in July, according to a widely-followed survey released on Monday.
Zinc Media expects better than forecast revenues following lockdown
TV and multimedia content producer Zinc Media said on Monday that it had experienced continued good progress on its transformation plan and better than previously forecast revenues since Downing Street's coronavirus-related lockdown.
Mission Group acquires Innovationbubble
Media firm Mission Group said on Monday that it has acquired psychological insights and behavioural solutions consultancy Innovationbubble for an undisclosed sum.
Van Elle trades 'slightly ahead' of mid-case scenario
Ground engineering contractor Van Elle Holdings said on Monday that it has continued to trade "slightly ahead" of the mid-case scenario outlined at the time of its equity fundraising in April.
Roche extends scope and value of contract with Oncimmune
Immunodiagnostics company Oncimmune Holdings announced on Monday that Roche has exercised its option to increase the scope and value of the cornerstone contract, initially announced on 28 May.
City Pub Group encouraged by trading since reopening
Pub landlord City Pub Group said on Monday that it was encouraged by trading since reopening many of its locations following the easing of social distancing restrictions in England.
Sylvania Platinum operations return after hard Covid lockdown
Sylvania Platinum said on Monday that its dump operations had been running at full capacity since June, after lockdown regulations were implemented to prevent the spread of Covid-19 between 27 March and 30 April, which placed them on care and maintenance.
Pensana brings in Paradigm as representative at Longonjo
Pensana Rare Earths announced the engagement of Paradigm Project Management as the owner's representative for the Longonjo NdPr Project in Angola on Monday, monitoring the on-ground development of the project on its behalf.
Location Sciences grows H1 revenues despite Covid-19 impact
Location data group Location Sciences said on Monday that first-half revenues had grown roughly 43% year-on-year despite the impact of the Covid-19 pandemic to trading.