Market Report
Nautilus Marine Services sells two vessels and dive equipment
Offshore industry investor Nautilus Marine Services has sold two of its offshore service vessels and certain of its dive equipment in three separate transactions, it announced on Monday.
Thruvision outlines cash return plans as it refocuses its market
People-screening security technology specialist Thruvision updated the market on its plans to return excess cash to shareholders on Monday, which resulted from the sale of its video business to Volpi Capital in October last year.
Seeing Machines fails to turn a profit despite soaring revenues
Computer vision technologies firm Seeing Machines watched pre-tax losses widen in its most recent trading half, despite skyrocketing revenues and the signing of several high profile partnerships.
Europe open: M&A helps Dax overcome political and trade concerns
Stocks have started the session with slight gains, tracking the strength seen in the main equity indices on Wall Street last Friday and buoyed by news of a major move to consolidate Germany's energy space.
Echo Energy appoints new COO as it makes progress in Bolivia
South and Central American-focussed upstream oil and gas company Echo Energy announced the appointment of Geoff Probert as its chief operating officer on Monday.
Escape Hunt opens Bristol site ahead of final results
‘Escape the room’ experiential entertainment provider Escape Hunt announced the opening of its first UK owner-operated site in Bristol on Monday.
Draganfly raises £0.14m but warns of likely suspension
Draganfly Investments announced on Monday that it has successfully raised £0. 14m before expenses, by way of a placing of 50. 8 million new ordinary shares at a price of 0. 27p each.
Tullow Oil to offer $650m of seven-year bonds
Tullow Oil said on Monday that it plans to offer $650m of seven-year bonds.
WANdisco achieves 'co-sell' status with Microsoft
Distributed computing company WANdisco has achieved 'co-sell' status with tech giant Microsoft after meeting its rigorous criteria.
Savannah Petroleum gears up for maiden drilling programme
AIM-quoted oil and gas company Savannah Petroleum has completed construction of the first well pad on the R3 portion of its Agadem Basin operations in south-east Niger, taking the company one step closer to kicking off its maiden drill programme in the West African nation.
Clarksons profit rises amid 'early signs' of market recovery
Clarksons lifted its dividend on Monday as it posted a 12% jump in full-year underlying pre-tax profit amid early signs of a recovery across shipping markets.
London open: Stocks edge higher; Melrose sweetens bid for GKN
London stocks nudged up in early trade on Monday, failing to really build on the gains seen on Wall Street at the end of last week as investors mulled over news that London house prices have slumped over the last year, while M&A was in focus as Melrose sweetened its hostile bid for GKN.
Strengthening rouble sends Polymetal earnings south
Polymetal International issued its preliminary results for the year ended 31 December on Monday, reporting a 15% increase in revenue year-on-year to $1. 82bn.
AstraZeneca expects later cancer trial completion
AstraZeneca has pushed back the expected completion of the Phase III 'Mystic' clinical trial of its Imfinzi immunotherapy treatment of metastatic non-small cell lung cancer.
Petrofac awarded large contract in India, Polymetal revenue lifted by strong gold production
London open.
London pre-open: Stocks seen higher on positive Wall St cues
London stocks were set to edge higher at the open on Monday after the Nasdaq hit a fresh record high at the end of last week.
Petrofac awarded India EPC contract worth around $135m
Petrofac has been awarded a lump-sum 27-month engineering, procurement and construction (EPC) contract by Bharat Petroleum Corporation (BCPL) valued at around $135m.
Monday newspaper round-up: London house prices, Visa data, Help to Buy
House prices in parts of London that were once at the epicentre of the UK property boom have fallen as much as 15% over the past year in fresh evidence of the impact of the EU referendum. Figures from Your Move, one of the UK’s biggest estate agency chains, reveal that the average home in Wandsworth – which includes much of Clapham, Balham and Putney – fell by more than £100,000 in value over the last 12 months. – Guardian.