MARKET PULSE
10 Nov
Bellzone Mining prepares impact assesment for Kalia site
camion-nickel-nouvelle-caledonie

West Africa-focussed group Bellzone Mining announced on Thursday that, via its wholly owned subsidiary OTN Mining, it had signed the previously announced amendments to the Republic of Guinea's mining convention, paving the way for the realisation of its iron ore project at Kalia.

Read full story
10 Nov
Globalworth Real Estate enters conditional agreement to acquire Griffin Premim
meeting, takeover, talks, bid, merger, acquisition, directors

Guernsey-based group Globalworth Real Estate Investments announced on Thursday that its subsidiary, Globalworth Asset Managers (GAM), had entered into a conditional investment agreement to acquire between 50. 01% and 67. 90% of the issued share capital of Dutch firm Griffin Premium.

Read full story
10 Nov
Roku soars after impressive debut earnings report
roku

Digital streaming business Roku greatly surpassed market expectations in its first earnings report since going public in September, sending its stock price soaring in after-hours trading.

Read full story
09 Nov
John Laing invests in second US 'managed lanes' toll project
usa america highway managed lanes

Infrastructure group John Laing has made a $155m (£118m) investment in the US I-66 'managed lanes' toll-road development.

Read full story
09 Nov
London close: Stocks close lower as Burberry, housebuilders weigh
London Stock Exchange AIM LSE shares

London stocks closed lower on Thursday as investors waded through a torrent of mixed corporate news, with the pound giving back earlier gains after the European Commission cut its economic growth forecasts for the UK on the back of Brexit uncertainty.

Read full story
09 Nov
Something in the Aylesford as Wynnstay hikes dividend
property, housing, real estate, house prices

London-based property investment firm Wynnstay Properties had investors in a groovy kind of mood after increasing the dividend thanks to a strong rise in first-half property income and net assets bolstered by new lettings in Aylesford and Liphook, and contractual rent reviews on its properties in Lichfield and Surbiton.

Read full story
09 Nov
Friday preview: UK industrial production and not much else

UK industrial data, although some expected it on Thursday, is likely to make the biggest splash on a quiet Friday, with miner Vedanta the biggest company expected to report.

Read full story
09 Nov
Ryanair widens website offer to include event tickets
ep aviones ryanair

Low-cost airline Ryanair, in partnership with digital ticketing agency Coras, has launched a new digital initiative aimed at selling theatre, music and sporting tickets to its customers on Thursday.

Read full story
09 Nov
Director dealings: Old Mutual chief executive picks up almost 50,000 shares
London Stock Exchange, markets, traders, trading, City, shares

Jonathan Hemphill, chief executive of UK-based holding company Old Mutual purchased 48,300 ordinary shares in the firm on Thursday at ZAR 36. 68 each.

Read full story
09 Nov
BOS Global board 'committed' as working capital position worsens
Money coins pound

Cloud-based software developer BOS GLOBAL updated the market on its current position on Thursday, reporting that it has continued to incur operational and overhead costs as it continues its product development and sales and marketing work.

Read full story
09 Nov
ITM Power secures power-to-gas study funding
cbelectricidad

Energy storage and clean fuel company ITM Power has secured funding from the Department for Business, Energy and Industrial Strategy (BEIS) as part of the ‘Energy Storage Feasibility Study Competition’ launched in January, it announced on Thursday, to collaborate with Northern Gas Networks to undertake a study examining the potential deployment of large-scale power-to-gas energy storage.

Read full story
09 Nov
Ncondezi signs non-binding offer with CMEC and GE
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent

Ncondezi Energy announced on Thursday that it has signed a non-binding offer with China Machinery Engineering Corporation and General Electric South Africa at a formal signing ceremony in Beijing, China.

Read full story
09 Nov
FTSE 250 movers: Wizz flies higher; Redrow paces decline for housebuilders
redrow

London’s FTSE 250 was down 1% to 20,098. 08 in afternoon trade on Thursday, with housebuilders lower after a cautious update from Redrow and uninspiring data from RICS.

Read full story
09 Nov
FTSE 100 movers: Housebuilders under the cosh but Coca-Cola fizzes higher
builder housebuilding bricklayers persimmon

London’s FTSE 100 was down 0. 7% to 7,479. 75 in afternoon trade on Thursday, with housebuilders under the cosh after uninspiring data from RICS.

Read full story
09 Nov
Summit Therapeutics to present at Duchenne conference
Astrazeneca

Drug discovery and development company Summit Therapeutics announced on Thursday that both itself and collaborators from the University of Oxford would highlight the potential of utrophin modulation as a universal treatment for Duchenne muscular dystrophy (DMD)in several presentations at the 15th Action Duchenne International Conference 2017, taking place between 10 and 12 November in Birmingham.

Read full story
09 Nov
US initial jobless claims rise more than expected
City workers

The number of Americans filing for unemployment benefits rose more than expected last week, according to data from the Labor Department.

Read full story
09 Nov
Transport division drags down profits for Wincanton
ep transporte transportes transportistas transportista camioneros camion

Supply chain solutions group Wincanton saw its underlying operating profit fall in the six months leading to 30 September as a strong showing by its retail and consumer business was held back by a softening in its industrial and transport division.

Read full story
09 Nov
Flybe H1 profit drops but at upper end of guidance
Flybe Embraer E175 aircraft, transport, air travel

Flybe posted near-50% drop in profit for the first half on Thursday as took a hit from increased aircraft maintenance costs.

Read full story
09 Nov
Asia report: Markets mixed as China inflation satisfies, RBNZ holds
auckland new zealand

Markets in Asia finished mixed on Thursday, with investors watching the progress of Donald Trump’s tour of the region and digesting fresh inflation data out of China.

Read full story
09 Nov
UK growth forecast to slump as EU grows at fastest in decade - EC report
comisioneuropea_630 European Commission

The euro zone economy is expected to grow at its fastest rate in a decade this year, after European Commission forecasts were hiked on Thursday, while investment in UK seen weakening next year.

Read full story