Latest News
Rainbow Rare Earths begins drilling of Burundi asset
High-grade rare earth producer Rainbow Rare Earths has commenced drilling at its Gakara Project in Burundi.
Wednesday broker round-up
Hunting: Deutsche Bank downgrades to hold with a target price of 650p.
Frontera Resources eyes January date for Georgian drill operations
AIM-quoted oil and gas exploration and development company Frontera Resources received notification from its drilling contractor that mobilisation of the drilling rig to its T-45 well site would begin on 15 January.
PageGroup hits record profits but Brexit worries hurt UK ops
Recruitment firm PageGroup said full year gross profits hit a record £711. 6m in 2017 from £621m a year earlier, but warned that Brexit uncertainties were still causing “challenging” conditions in the UK.
Telit in new partnership deal with Brazil's PST
Telit Communications, a global enabler of the Internet of Things (IoT), on Wednesday unveiled an expanded strategic partnership with PST Electronics.
W Resources awards concentrator contract to allmineral
W Resources said it had awarded a design and construct contract for the La Parrilla concentrator in Spain to Germany's allmineral Aufbereitungstechnik for around €8m.
Ceres Power signs fifth joint development agreement
Specialist fuel cell company Ceres Power on Wednesday said it had signed a new joint development agreement with an unnamed European original equipment manufacturer.
Amino wins new contract with Netherlands' Delta
Amino Technologies, provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution, said it had won a contract to provide its MOVE TV platform to Netherlands-based DELTA to deliver multiscreen entertainment services.
Dixons Carphone FD Humphrey Singer to replace Weir as M&S CFO
Marks and Spencer said on Wednesday that Humphrey Singer - currently group finance director at Dixons Carphone - will replace Helen Weir as chief finance officer.
Tullow Oil 2017 cash generation beats expectations
Tullow Oil said on Wednesday that it expects to generate free cash flow above expectations for 2017 thanks to high levels of production and cost efficiency.
Centamin beats 2017 production forecast and expects more in 2018
Centamin unearthed more gold from its Egyptian mine than expected last year and expects to increase production by another 6% in 2018.
OneSavings Bank slides as JC Flowers sells 10% stake
OneSavings Bank was in the red on Wednesday after private investment firm JC Flowers & Co sold around 24. 3m shares in the company.
WPP buys Portuguese creative agency BAR
Advertising giant WPP has acquired Portuguese creative agency BAR for an undisclosed sum.
AmrytPharma signs European distribution deal for cholesterol drug
Biopharmaceutical company Amryt Pharma has further expanded the route-to-market for Lojuxta, having signed an exclusive distribution agreement across and Central and Eastern Europe with local outfit GryNumber Health.
London open: Stocks nudge up with retail in focus again; Sainsburys gains on update
London stocks rose in early trade on Wednesday, with retailers in focus again following updates from Sainsbury’s, Ted Baker and Superdry, but gains were small after the top-flight index closed at a record high in the previous session and as investors looked to some key data releases.
Sainsbury's ups profit target as Argos adds online cheer over Christmas
After a strong Christmas trading period in which online sales represented a fifth of total sales, Sainsbury's said full year profits are now likely to beat the current consensus forecast.
Big Yellow Q3 revenues up 8% to £29.6m
Storage group Big Yellow on Wednesday said third quarter like-for-like revenues rose by 8% to £29. 6m.
Senior finishes year on a high, expects one-off US tax benefit
Senior, the aerospace and defence engineer, said a good performance in November and December and a benefit from US tax changes will see earnings come in higher than expected.
Superdry online sales help lift H1 pre-tax profits
Trendy fashion outlet Superdry said underlying half year pre-tax profits rose 20. 5% to £25. 3m as online sales helped to boost revenue along with forex tailwinds.
LondonMetric pockets £5.8m from sale of B&Q warehouse in Hull
LondonMetric Property’s joint venture with Universities Superannuation Scheme, the Metric Income Plus Limited Partnership, has sold a B&Q warehouse in Hull for £11. 6m, reflecting a blended net initial yield of 6. 0%.