Market Report
Proactis pushes new brand identity across group
Spend management and business-to-business e-commerce company Proactis unveiled its new brand identity on Monday, which it said was designed to signify a higher level of engagement with customers, and help them leverage its technology solutions and expertise.
Morgan Stanley upgrades 'stabilised' Cobham to 'overweight'
Following a challenging period for technology and services firm Cobham, analysts at Morgan Stanley now see an improved risk-reward case on the horizon.
Europe midday: Stocks lower on trade, German political concerns
Stocks on the Continent are trading near their worst levels of the session, weighed down by concerns that the trade spat between China and the US might be set to escalate.
Ingenta signs reseller deal with Athens Technology Center
Content solutions technology provider Ingenta announced a value-added reseller partnership with Greece-based Athens Technology Center on Monday, which it said extended the breadth of solutions that it could offer to new and existing customers, and expand its product reach.
Connemara Mining pleased with latest results from Stonepark drilling
Irish gold and zinc exploration company Connemara Mining announced results from hole G11-2638-01 at the Stonepark Zinc Project on Monday, which was drilled into a key area of known high-grade mineralisation on the presumed eastern edge of the recently-announced maiden inferred mineral resource estimate.
Audioboom going all-out with crime podcasts, signs deal with A+E
Commercial podcasting producer and platform provider Audioboom Group updated the market on its ‘Audioboom Originals Network’ on Monday, announcing the launch of new, higher margin owned shows.
N4 Pharma makes solid progress with Nuvec programme
Specialist pharmaceutical reformulation company N4 Pharma updated the market on its ‘Nuvec’ programme on Monday, in respect of the delivery of DNA/RNA.
Volex returns to full profitability amid challenging market
Power and data cabling company Volex issued its preliminary results for the year ended 1 April on Monday, reporting a small improvement in revenue to $322. 4m from $319. 6m a year earlier.
Asia report: Most markets weaker as US-China trade tensions tighten
Most markets in Asia ended their Monday sessions in the red, as investors started their week digesting tightening trade tensions between the United States and China.
Pub sales benefit from better weather, restaurants not
Sunnier weather helped herd more people into pubs last month, though the restaurant sector saw sales continue to wilt.
Conygar Investment agrees to forward-sell Anglesey hotel
Property investment and development group, Conygar Investment Company, has exchanged contracts to forward-sell its 80-bedroom hotel at Parc Ciby in Anglesey to IM Properties, inn a deal that will see it pocket £6. 9m.
Spire 'should benefit' from more NHS funding in medium-term
After Theresa May announced a 10-year plan that included a £20bn a year increase in funding for the NHS by 2022, analysts at Berenberg believe that the medium-term potential acceleration in NHS volume growth for Spire Healthcare "outweighs longer-term potential lower self-pay growth".
US pre-open: Stocks to drop as China-US relations sour further
US stocks looked set for losses at the open on Monday as escalating tensions between the US and China undermined sentiment.
London midday: Stocks turn lower as trade war fears weigh
London stocks fell into the red on Monday as the threat of a US-China trade war and political developments in Germany kept investors on edge.
88 Energy begins fluid recovery at Icewine well
AIM-listed exploration company 88 Energy has begun nitrogen lift operations at its Icewine-2 well in Alaska, recovering fluids previously injected into the site through fracking.
Vostok puts $15m into Mexican SME lending platform Konfio
Vostok Emerging Finance announced a $15m investment into Mexican online small business lending platform Konfio on Monday.
Impact Healthcare signs £50m facility with Metro Bank
Impact Healthcare REIT has signed a new £50m five year loan facility with Metro Bank, it announced on Monday.
Greatland Gold begins first exploration campaign at Black Hills
Precious and base metals exploration and development company Greatland Gold has commenced its first exploration campaign at its 100%-owned Black Hills licence in the Paterson region of Western Australia, it announced on Monday.
Yew Grove exchanges contracts on Dublin office buildings
Yew Grove REIT has exchanged contracts to acquire the One and Three Gateway office buildings, which are situated on the East Wall Road in Dublin 3, for an agreed price of €29m, it announced on Monday.
Idorisa initiates phase 3 study of clazosentan
Idorsia is initiating a Phase 3 study, REACT, to investigate the efficacy and safety of ‘clazosentan’ for the prevention of clinical deterioration due to vasospasm-related delayed cerebral ischemia in patients following an aneurysmal subarachnoid hemorrhage, it announced on Monday.