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Recent News

Monday 19 December, 2016

19-Dec-2016 09:10 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Canadian Overseas Petroleum Limited Com

Cantor Fitzgerald today reaffirms its buy investment rating on Canadian Overseas Petroleum Limited Com Shs Npv (LON:COPL) and set its price target at 11p. Story provided by StockMarketWire.com...
19-Dec-2016 09:09 AM

Fitch affirms Serbia at 'BB-'

Fitch Ratings has affirmed Serbia's long-term foreign and local currency issuer default ratings at 'BB-' with a stable outlook. The issue ratings on Serbia's senior unsecured long-term foreign and local currency bonds have also been
19-Dec-2016 09:02 AM

Market Movers - Top risers and fallers between 08:00 and 09:00

Overall Market Vast Resources 0.14 +27.27% Angus Energy Ord Gbp0.002 12.13 +24.41% PCG Entertainment 0.19 +18.75% CPP Group 14.75
19-Dec-2016 09:00 AM

Market Movers - Top risers and fallers at 09:00

FTSE 100 Hikma Pharmaceuticals 1806.00 +3.38% BP 493.35 +2.89% Intu Properties 273.30 +2.13% Capita Group (The) 500.50 +2.
19-Dec-2016 09:00 AM

Broker Forecast - Cantor Fitzgerald issues a broker note on Brewin Dolphin Holdings PLC

Cantor Fitzgerald today reaffirms its hold investment rating on Brewin Dolphin Holdings PLC (LON:BRW) and raised its price target to 300p (from 265p). Story provided by StockMarketWire.com...
19-Dec-2016 08:56 AM

Fitch affirms Fox at 'BBB+' after Sky move

Fitch Ratings has affirmed the 'BBB+' long-term issuer default ratings of Twenty-First Century Fox and its wholly owned subsidiary 21st Century Fox America following the announcement that Fox will acquire the 60.9% of Sky it does not already ow
19-Dec-2016 08:50 AM

Broker Forecast - Liberum Capital issues a broker note on Volution Group Plc

Liberum Capital today reaffirms its buy investment rating on Volution Group Plc (LON:FAN) and raised its price target to 206p (from 200p). Story provided by StockMarketWire.com...
19-Dec-2016 08:40 AM

Broker Forecast - N+1 Singer issues a broker note on Consort Medical PLC

N+1 Singer today upgrades its investment rating on Consort Medical PLC (LON:CSRT) to buy (from hold) and raised its price target to 1125p (from 1067p). Story provided by StockMarketWire.com...
19-Dec-2016 08:36 AM

Boussard & Gavaudan NAV update

Boussard & Gavaudan Holding says the estimated net asset value of its sterling shares was £19.2405 at the close of business on 16 December. The estimated NAV of its euro shares was €21.9452. At 8:36am: (LON:BGHS) Boussard Gavaudan Holding
19-Dec-2016 08:30 AM

Broker Forecast - Peel Hunt issues a broker note on NWF Group PLC

Peel Hunt today downgrades its investment rating on NWF Group PLC (LON:NWF) to add (from buy) and raised its price target to 185p (from 180p). Story provided by StockMarketWire.com...
19-Dec-2016 08:20 AM

Broker Forecast - finnCap issues a broker note on Transense Technologies PLC

finnCap today reaffirms its corporate investment rating on Transense Technologies PLC (LON:TRT) and set its price target at 135p. Story provided by StockMarketWire.com...
19-Dec-2016 08:16 AM

Horizonte update on Araguaia project

Horizonte Minerals has announced the issuance of a request for proposals to engage consulting firms to prepare a definitive feasibility study for the company's 100% owned Araguaia nickel project which is being developed as the next major nickel proje
19-Dec-2016 08:11 AM

HPAC losses narrow

Hermes Pacific Investments posts a loss of £31,000 for the six months to the end of September - down from £44,000 a year ago. During the period the company had no revenues as it does not have any operating business. The company says it cont
19-Dec-2016 08:10 AM

Broker Forecast - Jefferies International issues a broker note on AstraZeneca PLC

Jefferies International today reaffirms its buy investment rating on AstraZeneca PLC (LON:AZN) and set its price target at 5400p. Story provided by StockMarketWire.com...
19-Dec-2016 08:06 AM

COPL disappointment as Liberia well is abandoned

West Africa-focused Canadian Overseas Petroleum Limited has confirmed that the Mesurado-1 well operated by ExxonMobil Exploration and Production Liberia Ltd, which reached final total depth on Saturday (17 December) will be plugged and abandoned. Drilli
19-Dec-2016 08:01 AM

Etalon acquires new project in St Petersburg

Etalon Group, one of Russia's largest and longest-established development and construction companies, has acquired a land plot in the Vyborgskiy district of St. Petersburg for the development of a new business-class residential project. The project,
19-Dec-2016 08:00 AM

Broker Forecast - Barclays Capital issues a broker note on Trinity Mirror PLC

Barclays Capital today reaffirms its equal weight investment rating on Trinity Mirror PLC (LON:TNI) and raised its price target to 95p (from 90p). Story provided by StockMarketWire.com...
19-Dec-2016 07:59 AM

IP portfolio company Ceres inks OEM deal

IP Group portfolio company Ceres Power Holdings has signed a joint development licence agreement to develop and launch a multi-kW combined heat and power product using its SteelCell technology with a leading global original equipment manufacturer. Cere
19-Dec-2016 07:56 AM

LXB update on sakes and cash receipts

LXB Retail Properties has completed the sale of part of its land interests at Gloucester and concluded an agreement whereby ASDA will surrender its leasehold interest in a foodstore at Willow Green Farm Truro. The company also confirmed that all the co
19-Dec-2016 07:51 AM

Aminex gets Nyuni extension

Aminex has now received formal approval from Tanzania's minister of energy and minerals to extend the current work period of the Nyuni Area PSA for a period of four years until at least 27 October 2019. The company has now formally accepted the Ca
19-Dec-2016 07:49 AM

Proactis Holdings notes directorate change

Proactis Holdings said Rod Jones has tendered his resignation as a director of the company and from his position as Chief Executive Officer. He would work his 12-month notice period. During the notice period, Chief Financial Officer Tim Sykes will be the
19-Dec-2016 07:48 AM

Tritax Big Box agrees £50m secured debt

Tritax Big Box REIT has agreed an additional £50 million term loan to the £500 million secured debt facility agreed with a syndicate of four lenders in October 2015. The additional term loan has been agreed with Wells Fargo Bank, one of the
19-Dec-2016 07:45 AM

Gemfields pleased with ruby auction results

Revenues from a Singapore auction of rough ruby extracted by Gemfields' 75%-owned Montepuez Ruby Mining in Mozambique raised $30.4m - the fourth highest ruby auction result to date. The average realised price was $27.79 per carat and 1,094,406 c
19-Dec-2016 07:40 AM

Beximco Pharma's Metformin gets FDA approval

Beximco Pharmaceuticals has received approval for its Metformin Hydrochloride extended-release tablets (500 mg and 750 mg) from the US Food and Drug Administration (US FDA). This product is the generic equivalent to Bristol-Myers Squibb's (BMS) Glu
19-Dec-2016 07:39 AM

IP Group and CIC create Microbiotica

IP Group has announced the creation of Microbiotica Ltd, a newly formed spin-out company from the Wellcome Trust Sanger Institute, established to commercialise the Sanger Institute's ground-breaking research into the role of the human microbiome in d

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