Market Report
Corero signs Tier 1 provider to its 'SmartWall' DDoS protection product
Network security company Corero Network Security announced on Wednesday that its ‘SmartWall Threat Defense System’ technology had been selected by an unnamed Global Tier 1 internet service provider to deliver a new Distributed Denial of Service (DDoS) mitigation security service.
Verona Pharma to list on Nasdaq
AIM-listed Verona Pharma has launched a global offering of its shares in order to list on the Nasdaq.
Traders predict Tories will extend majority to 90 seats, polls indicate 100
After Prime Minister Theresa May announced plans for a snap general election on 8 June, financial and betting markets both pointed towards a much increased majority for the Conservative party.
Moroccan government assumes control of San Leon bank guarantee
Africa and Europe-focussed oil and gas developer and appraiser San Leon Energy announced on Wednesday that the Office National des Hydrocarbures et des Mines in Morocco had written to the company regarding the non-performance of the work programme on its Zag Licence, onshore Morocco.
Global fund managers shift from US to Eurozone stocks, UK unloved
Fund managers around the world warmed towards European equities in April despite the upcoming elections in France and amid worries of delays to the White House's plans for tax cuts, according to the results of a widely-followed survey.
George Osborne to step down as MP
Former Chancellor George Osborne will not contest his seat in the snap election on 8 June.
Thalassa Holding in talks about disposal
AIM-listed Thalassa Holding confirmed on Wednesday that it is in discussions with an interested party regarding the potential disposal and/or partial disposal of one or both of its wholly-owned subsidiaries, WGP Group and Autonomous Robotics Limited.
Morgan Stanley boosted pre-market following earnings beat
US bank Morgan Stanley became the latest Wall Street bank to exceed analysts' expectations with its first quarter earnings, on the back of a strong performance at its investment and trading arms.
Neil Woodford raises £0.5bn for new income focus fund
Star fund manager Neil Woodford drummed up £553m from investors in his new income fund since it launched last month.
E-Therapeutics stable as it pivots to drug discovery
Drug discovery company e-Therapeutics announced its full year results for the year to 31 January on Wednesday, with cash and deposits of £14. 0m at year-end, down from £24. 8m.
Minds + Machines orders surge in US and Europe
Internet top-level domain owner and operator Minds + Machines Group reported orders for approximately 90,000 standard name registrations across certain of its US and European facing top-level domains valued at $0. 5m on Wednesday.
Lombard Risk Management sees FY earnings, revenue ahead of market views
AIM-listed Lombard Risk Management said on Wednesday that it expects to report full-year revenues, earnings and cash ahead of current market views.
London midday: Stocks drift sideways, AB Foods rallies but Burberry drops
London stocks were little changed by midday on Wednesday, consolidating a day after suffering their worst session since the Brexit vote on Theresa May's surprise plans for a snap general election in June.
GBG reports strong earnings growth ahead of final results
Identity data intelligence specialist GB Group updated the market on its trading performance for the year to 31 March on Wednesday, in advance of the release of its final results.
Europe midday: Stocks rebound although concerns about French election persist
European stocks rebounded on Wednesday after experiencing their worst session in five months a day before on concerns about the French election and the snap election in the UK.
Asia report: Most markets lower as geopolitical tensions linger
Most markets in Asia finished lower on Wednesday, taking cues from a red session on Wall Street overnight.
Theresa May rules out TV election debates
Prime Minister Theresa May has confirmed that she will not take part in television debates for the snap general election to be held on 8 June.
Reabold Resources to buy stake in Spanish lithium-tin project
Shares in Reabold Resources rose after the natural resources investor said that it will buy a 2% stake in the San Jose lithium-tin project in Spain for about £300,000 (AU$500,000).
Euro area visible trade surplus widens in March
The euro area's visible trade surplus increased sharply in February, prompting a positive reaction from economists despite the sharp drop seen in the bloc's imports from the rest of the world.
Trump signs order for firms to 'Buy American, Hire American'
US President Donald Trump has signed an executive order which will lead to a review of a visa scheme for skilled foreign workers, encouraging US companies to "Buy American, Hire American. ".