Latest News
Democrats move closer to impeaching Trump
US Democrats have stepped up moves to impeach Donald Trump, publishing a resolution due to be filed with the House of Representatives.
Science Group flags bumper revenue improvement for 2020
Science Group updated the market on its trading for 2020 on Monday, reporting that group revenue was now expected to be around £73m, up from £57. 2m year-on-year.
DeepVerge revenues rise as it expands footprint
Environmental and life science artificial intelligence (AI) company DeepVerge reported unaudited revenues of £4. 4m in 2020 in a trading update on Monday, up from an audited £1. 02m in 2019.
Steppe Cement revenue rises 1pc for 2020
Kazakhstan-focussed Steppe Cement released its preliminary update for the year ended 31 December on Monday, reporting revenue of KZT 30. 96bn (£54. 7m), up 1% on 2019.
Carnival suffers $2.2bn loss in fourth quarter
Carnival said it would suffer a $2. 2bn (£1. 6bn) net loss in the fourth quarter but that bookings for the first half of 2022 were ahead of 2019.
Gilead raises 2020 forecasts after Covid-19 surge boosts remdesivir
Gilead Sciences has upped its full-year profit guidance following strong sales of its Covid-19 treatment remdesivir.
Credit Suisse downgrades Weir, ups price target
Credit Suisse has downgraded Weir Group to 'neutral', arguing that the investment case for the engineer is less clear following the agreed disposal of its oil and gas business.
M&G chairman takes time off with stress
M&G Chairman Mike Evans is taking time off from the fund manager to recover from a stress-related illness with immediate effect.
40 North sweetens bid for WR Grace to $65 a share
US investment management company 40 North Management said on Monday that it has upped its offer for speciality chemical group WR Grace & Co to $65 per share in cash.
Directa Plus revenue to beat expectations
Directa Plus shares jumped after the maker of graphene-based products said annual revenue would outstrip expectations.
Baidu to set up EV manufacturing venture
Chinese tech giant Baidu is preparing to set up its new electric vehicle manufacturing venture, the company said on Monday.
SiG revenue recovery beats expectations
SIG said revenue recovered ahead of expectations in the second half as demand recovered and its revival plan started to pay off.
Monday broker round-up
Weir: Credit Suisse downgrades to neutral with a target price of 2,150p.
Barclays hikes target price for Cairn Energy after Indian arbitration award
Barclays reiterated its 'overweight' stance on shares of Cairn Energy after the oil explorer was awarded $1. 2bn, plus interest and costs, by the Permanent Court of Arbitration in its long-running tax arbitration dispute with New Delhi.
Gamma Communications ends year 'significantly ahead' of 2019
Unified communications-as-a-service company Gamma Communications updated the market on its trading for 2020 on Monday, reporting a financial performance “significantly ahead” of the prior year.
Central Asia Metals reports 'strong' production in 2020
Central Asia Metals updated the market on 2020 operations for the Kounrad dump leach, solvent extraction and electro-winning (SX-EW) copper recovery plant in Kazakhstan, and the Sasa zinc-lead mine in North Macedonia on Monday.
Europe midday: Tougher Covid curbs keep lid on shares
European stocks were still lower at lunch on Monday as investors fretted over rising coronavirus cases across the continent and mainland China and the prospect of tougher curbs hitting the economy.
MaxCyte signs licensing deal with Myeloid Therapeutics
MaxCyte announced on Monday that itself and Myeloid Therapeutics, a company harnessing and reprogramming myeloid cells to treat cancers, had signed a clinical and commercial licensing agreement.
Draper Esprit reports 'strong' business momentum since half-year
Venture capital company Draper Esprit updated the market on its investments on Monday, reporting continued “strong” business momentum.
Transact owner IntegraFin Holdings buys software provider
Transact owner IntegraFin Holdings has announced the purchase of Time for Advice Limited, a specialist software provider for financial planning and wealth management firms, for an undisclosed sum.