News And Announcements
Two bidders offer one euro for HSBC France
HSBC may be left with no option but to sell its French operations at a hefty loss.
Scotgold upbeat on 'encouraging' exploration results
Scotgold reported “encouraging” results from its ongoing exploration programme on Monday, which was focussed on increasing the resource inventory at the Cononish Gold and Silver Mine, where first gold was expected by 30 November.
Credit Suisse ups target price on BT
Credit Suisse has upped the price target for BT Group shares, and reiterated its ‘outperform’ rating, after the telecoms group hiked its prices.
Tirupati Graphite mulls London IPO
India’s Tirupati Graphite is looking to debut on the London Stock Exchange, it was announced on Monday.
Proton Motor Power gets another order from Fincantieri
Fuel cell and electric hybrid systems Proton Motor Power Systems has received a further order from shipbuilding company Fincantieri, it announced on Monday, to deliver a fuel cell system with 144 kW of fuel cell power.
Rolls-Royce shares hit new low on cash-call concerns
Rolls-Royce shares fell to a new 17-year low as speculation mounted about the size and structure of the company's likely capital raising.
Keras confident amid change of Togolese government
Mineral resource company Keras Resources updated the market on Monday, following the resignation of the Togolese prime minister Komi Selom Klassou and his government.
Petrol station billionaires in running to buy Asda - report
Walmart has chosen buyout firm TDR Capital and the billionaire brothers who founded the EG petrol station business as joint preferred bidders to buy Asda, the Financial Times reported.
KKR buys 5.35% stake in Great Portland Estates
Shares of Great Portland Estates surged on Monday after private equity firm KKR bought a stake in the property company.
Virgin Money makes development director interim CFO
Virgin Money has appointed its corporate development director as interim chief financial officer as current CFO Ian Smith prepares to leave the bank.
Animalcare enters collaboration deal with Kane Biotech
Animalcare Group has entered into an agreement with Canada-based biotechnology company Kane Biotech, it announced on Monday, under which the two parties would form STEM Animal Health, which would focus on treating biofilm-related ailments in animals.
HSBC surges as largest shareholder Ping An lifts stake
HSBC surged on Monday after its biggest shareholder, China’s Ping An Asset Management, lifted its stake in the bank.
Funding accelerated for Bluebird gold projects in Korea
Korean gold development company Bluebird Merchant Ventures updated the market on the funding for its South Korean ventures on Monday, reporting that the investors in the country had accelerated their funding schedule.
Uber wins legal battle to continue operating in London
Uber is to continue operating in London, after a judge upheld its appeal against Transport for London’s decision to revoke its operator licence.
BigDish updates 'non-dilutive' funding plans
Restaurant technology company BigDish updated the market on its funding plans on Monday, reporting that if its strategy announced on 24 September is successful, the special purpose vehicle would receive the $5m (£3. 88m) of funding.
Full-year revenues set to top £150m, says Numis
Annual profits at Numis Corporation are on course to come in "materially" higher than the prior year, the City stockbroker said on Monday.
Mosman shares surge on Stanley-4 flow rate
Oil exploration, development and production company Mosman Oil and Gas updated the market on development drilling recently carried out at the Stanley Project on Monday, where it has a 16. 5% working interest.
InnovaDerma secures distribution deals in Australia, America
Beauty, personal care and life sciences company InnovaDerma updated the market on Monday, reporting that its US-based PCA Group has been appointed as the exclusive distributor for all of its topical brands in North America and South America.
NQ Minerals reports improved production at Hellyer
NQ Minerals announced on Monday that its flagship Hellyer Mine in Tasmania, Australia, has successfully increased production and processing rates up to 165 tonnes per hour, with plans being finalised to increase production further to 180 tonnes per hour, or around 1. 5 million tonnes per annum.
Incanthera upbeat on 'Sol' skin sensitisation study
Specialist oncology company Incanthera reported positive data from a skin sensitisation study of its skin cancer technology ‘Sol’ on Monday.