Brave Bison Shares in Brave Bison fell after the online video and marketing firm warned that revenue in 2017 will be “substantially lower” than 2016 due to two material contract losses at the end of last year and the potential discontinuation of certain low margin business.
Manufacturer Morgan Advanced Materials is to sell its Europe-based rotary transfer systems business to Moog, a US manufacturer of motion and fluid control systems, for about €40m on a cash and debt free basis.
Foreign Secretary Boris Johnson has criticised former Prime Minister Tony Blair’s call for people to “rise up" against Brexit and suggestions of a second referendum on Britain's membership of the European Union.
Sterling traders were unnerved on Friday by worse than expected UK retail sales data, which saw the British currency lower on most key crosses as the US dollar resumed resurgent.
London stocks closed mixed after a Friday session that saw blue-chip consumer goods giant Unilever fly higher after it slapped away a $143bn offer from Kraft Heinz, which has indicated it will return to the table.
Understandably, given the unexpected approach for Unilever from Warren Buffett-backed Kraft Heinz, the personal goods sector was the dominant support for the blue chip benchmark on Friday.
European stocks were in the red on Friday, struggling for direction after US markets came off their highs in the previous session.
Coal of Africa announced on Friday that it received notice from Yishun Brightrise Investment requesting the conversion of a $10m loan to CoAL's ordinary share capital.
Noida Toll Bridge Company announced on Friday that it initiated arbitration proceedings against New Okhla Industrial Development Authority (NOIDA) under the terms of Article 26. 1 of its concession agreement.
Shore Capital updated the market on the LTE mobile technology testing being undertaken by one of its investments on Friday.
Crude futures have eased on Friday as traders look to rig-count data out tonight, ahead of the Presidents Day long weekend in the US.
Herald Investment Trust posted its results for the 2016 calendar year on Friday, with total assets - before the deduction of bank loans and derivatives - of £816. 4m, rising from £709. 1m at the end of 2015.
US stocks were on the back foot on Friday after Wall Street’s seven-day winning streak came to an end in the previous session as investors took a breather ahead of Presidents Day.
Unilever shares surged on Friday after the London-listed consumer goods giant rejected a $143bn offer from Kraft Heinz.
AIM-listed Ncondezi Energy noted the recent rise in its share price and said it knows no reason for the move.
Telford Homes's Land Director reduced his own holdings in the company's stock towards the end of the week.
As it emerged that London-listed consumer goods group and Marmite owner Unilever has rejected a $143bn offer from Kraft Heinz, analysts weighed in with their views.
The coming was expected to be light in terms of data on both sides of the Pond, although the first debate on the Article 50 Brexit bill in the House of Lords, on Monday, did hold the potential to move markets.
International accommodation operator Millennium & Copthorne posted its final results for the 2016 calendar year on Friday, with group revenue per available room (RevPAR) increasing 6. 6% to £76. 71.
London Stock Exchange and Deutsche Boerse have been given the go-ahead for their proposed merger by the Financial Supervisory Authority of Norway.