Market Report
Warehouse REIT chases £150m through AIM flotation
The newly incorporated closed-ended investment company, Warehouse REIT announced on Monday it was seeking to raise £150m through a placing and flotation on London's AIM market.
US close: Markets mixed on light trading Monday
Wall Street finished mixed amid light volumes on Monday, as investors kept their wallets closed as both international tensions and domestic political turbulence put a dampener on sentiment.
Europe close: Stocks down on euro gains, geopolitical angst
Stocks finished the day lower amid aggressive rhetoric out of North Korea as the US and South Korean militaries kicked-off their annual 10-day joint exercises and a bounce in the single currency's value.
London close: Stocks flat ahead of Jackson Hole amid geopolitical nerves
London stocks ended on a mixed note at the start of the week as investors remained cautious amid geopolitical tensions.
US open: Stocks flat ahead of Trump speech on Afghanistan
Wall Street was trading in mixed fashion ahead of a speech from the US president on Monday evening in which he was expected to outline his new strategy for the war in Afghanistan.
MBL Group rockets, says sales process under way
AIM-listed home entertainment, garden and leisure company MBL Group announced on Monday that although its garden and home division reported a 1,600% increase in operating profits, the group still posted a £158,000 after-tax loss.
Tuesday preview: Public deficit due, results from Persimmon, BHP, Cairn
The UK's public deficit gets its monthly update on Tuesday, along with the CBI's industrial trends survey and results from the likes of BHP Billiton, Cairn Energy, Persimmon and Wood Group.
Luca Provolo appointed head of sales at Directa Plus
Graphene--based products producer and supplier Directa Plus announced the appointment of Luca Provolo as its head of sales on Monday, with effect from 4 September.
Verditek subsidiary wins trial contract with Italian ad agency
Clean technology company Verditek announced on Monday that its 51% owned subsidiary Greenflex Energy - an Italian based manufacturing solar photovoltaic technology company - has won an initial trial contract with Media One - one of Italy's largest out of home advertising agencies - to supply and install its proprietary solar PV technology to power digital advertising billboards at outdoor bus shelters in Italy.
FTSE 250 movers: Hikma boosted by upgrade, TBC higher on results
London's FTSE 250 was up 0. 1% to 19,636. 29 in afternoon trade.
ITM Power welcomes launch of government hydrogen programme
Energy storage and clean fuel company ITM Power noted the launch of the UK Government's ‘Hydrogen for Transport Programme’ on Monday.
Gfinity appointed esports partner to Formula 1
International esports group Gfinity announced on Monday that it has been appointed as esports partner for Formula 1, to deliver the Formula 1 ESports Series from September.
FTSE 100 movers: Persimmon gains ahead of results; Shire down on CFO departure
London's FTSE 100 was down 0. 3% to 7,303. 26 in afternoon trade on Monday.
Forbidden Tech announces first JavaScript implementation of VidLib
Forbidden Technologies announced the first JavaScript implementation of its core cloud Video Library ‘VidLib’ on Monday, used as part of the Forscene platform.
St Modwen and Vinci complete Nine Elms sale
St Modwen Properties has completed the £470m sale of its interest in the 10-acre Nine Elms Square site in London to a subsidiary of Chinese giant Dalian Wanda, which has transferred ownership to an unnamed third party.
Tribal Group wins £25m worth of contracts
International education software and services provider Tribal Group announced on Monday that it had won two contracts with a total value of £25. 3m.
Creo gets FDA clearance for Speedboat RS2 device
Medical device company Creo Medical Group announced on Monday that it has received 510(k) clearance from the US Food and Drug Administration for its Speedboat RS2 device and the CROMA platform.
Goldman Sachs cuts revenue estimates for Paddy Power Betfair
Analysts at Goldman Sachs lowered their revenue forecasts for Paddy Power Betfair following the company's latest set of interims even as they touted the bookmaker's "strong" cash-generation ability.
Great Wall Motor expresses interest in buying Jeep brand from Fiat Chrysler Automobiles
China's largest manufacturer of sport utility vehicles and pick-ups, Great Wall Motor, has expressed interest in bidding for Fiat Chrysler Automobiles, the world's seventh-largest automaker.
Avanti agrees launch slot for HYLAS 4 satellite
Avanti Communications announced on Monday that it agreed a launch slot for its HYLAS 4 satellite with Arianespace, beginning 1 March 2018.