Market Report
Bellzone Mining prepares impact assesment for Kalia site
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.
Globalworth Real Estate enters conditional agreement to acquire Griffin Premim
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.
Roku soars after impressive debut earnings report
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.
John Laing invests in second US 'managed lanes' toll project
Infrastructure group John Laing has made a $155m (£118m) investment in the US I-66 'managed lanes' toll-road development.
London close: Stocks close lower as Burberry, housebuilders weigh
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.
Something in the Aylesford as Wynnstay hikes dividend
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.
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.
Ryanair widens website offer to include event tickets
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.
Director dealings: Old Mutual chief executive picks up almost 50,000 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.
BOS Global board 'committed' as working capital position worsens
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.
ITM Power secures power-to-gas study funding
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.
Ncondezi signs non-binding offer with CMEC and GE
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.
FTSE 250 movers: Wizz flies higher; Redrow paces decline for housebuilders
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.
FTSE 100 movers: Housebuilders under the cosh but Coca-Cola fizzes higher
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.
Summit Therapeutics to present at Duchenne conference
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.
US initial jobless claims rise more than expected
The number of Americans filing for unemployment benefits rose more than expected last week, according to data from the Labor Department.
Transport division drags down profits for Wincanton
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.
Flybe H1 profit drops but at upper end of guidance
Flybe posted near-50% drop in profit for the first half on Thursday as took a hit from increased aircraft maintenance costs.
Asia report: Markets mixed as China inflation satisfies, RBNZ holds
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.
UK growth forecast to slump as EU grows at fastest in decade - EC report
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.