Market Report
Scancell partnership with Cancer Research moves closer to clinic
Immunotherapy developer Scancell Holdings updated the market on its clinical development partnership with Cancer Research UK for the development of the ;ImmunoBody’ vaccine, SCIB2, as a potential treatment for patients with solid tumours, including non-small cell lung cancer (NSCLC), on Monday.
Thomas Cook under pressure as payments intermediary seeks to hold onto cash
Shares of Thomas Cook are coming under continued selling pressure at the start of the week, at least in part after Sky News reported that a payments intermediary in Scandinavia was negotiating holding onto holidaymakers' cash for several weeks instead of two days.
Allergy Therapeutics flags positive outcomes from recent treatment trial
Biotechnology company Allergy Therapeutics announced positive Phase 1 safety and tolerability results of subcutaneous ‘Acarovac MPL’ (monophosphoryl lipid A) in patients with house dust mite-induced allergic rhinoconjunctivitis on Monday.
Rockfire continues work at Cardigan Dam after recent gold results
Gold and base metal-focussed resource company Rockfire Resources announced on Monday that recent soil sampling at the Cardigan Dam Prospect - part of the Lighthouse tenement in Queensland, Australia - has returned a “promising” gold-in-soil anomaly.
Reabold Resources upbeat on recent work in California
Reabold Resources announced on Monday that its contract operator in California, Integrity Management Solutions, has informed it that the perforating and swabbing operation at the Burnett 2B and Burnett 2A wells has been completed.
OptiBiotix inks deal with Nutrilinea for hypertension supplement
Life sciences company OptiBiotix Health announces on Monday that its wholly-owned subsidiary ProBiotix Health has signed a license agreement with Nutrilinea for the use of its ‘LPLDL’ product in a food supplement for the reduction of high blood pressure, or hypertension.
Europe open: Stock markets slightly lower amid losses in technology space
Stockmarkets across the Continent have started the morning slightly lower as investors bide their time ahead of the elections to the European Parliament next weekend.
British households increasingly concerned about their financial health - survey
British households are becoming increasingly pessimistic about their financial wellbeing, despite record levels of employment, a survey showed on Monday.
AB Dynamics launches £50.1m placing an open offer
AIM-listed AB Dynamics, which designs, manufactures and supplies advanced testing systems, has announced plans to raise around £50. 1m in a placing and open offer, partly to help finance any potential acquisitions.
Liberal-National coalition scores surprise Australia election win
Australian Prime Minister Scott Morrison's Liberal-National coalition defied expectations over the weekend, beating out Bill Shorten's Labor Party in a shock federal election victory.
Purplebricks appoints Phil Felice as interim CEO of US business
Hybrid real estate agency Purplebricks has appointed Phil Felice as interim chief executive officer of its US business.
Google to curtail Huawei's Android access after US blacklisting
Google has restricted mobile phone giant Huawei from some features of its Android operating system following the Trump administration's blacklisting of the Chinese outfit.
CentralNic acquires domain name and hosting reseller TPP Wholesale
Subscription internet service CentralNic has agreed to acquire Australian and New Zealand domain name and hosting reseller TPP Wholesale for AUD $24m in cash.
Provident shareholders urged to reject 'significantly flawed' NSF takeover
Sub-prime lender Provident Financial's third-largest shareholder urged investors to take no action in relation to Non-Standard Finance's £1. 3bn hostile takeover bid on Monday.
London open: Stocks rise but gains muted amid Brexit, Sino-US concerns
London stocks edged higher in early trade on Monday, but gains were muted amid concerns about Brexit, with Sino-US relations also a worry.
Tetra Tech to buy WYG in £43m deal
AIM-listed WYG, which delivers consulting and engineering, has agreed to be bought by Tetra Tech in a £43. 4m deal.
Ryanair posts smallest annual profit in four years, says it has "zero" 2H visibility
Ryanair, Europe' largest airline, posted its weakest annual profit for four years at the start of the week and warned that overcapacity, Brexit and delays in taking deliveries of the Boeing 737 MAX might weigh on earnings further still this year.
Polymetal reassures shareholders over safety of tailings storage facilities
Polymetal issued “full disclosure” on its tailings storage facilities management to the market on Monday, in response to a request from the Church of England Pensions Board and the Swedish Council on Ethics for the AP Funds.
GCP Infrastructure raising £64m debt to fund onshore wind investment
GCP Infrastructure Investments has entered into a conditional commitment to subscribe for two new loan notes for a consideration of around £64m, it announced on Monday.
Syncona launches cell-therapy company to combat organ rejection
Syncona confirmed on Monday that it has founded a new cell-therapy treatment company, pitching in with £34. 0m to fund the new venture in exchange for a 69. 3% stake.