Petrel Resources raises £250,000 in placing; to discuss Merjan plans

Petrel Resources PLC on Monday said it has conducted an equity raise for further working capital, as it continues pursuing prospects in Iraq and Ghana....

Mon, 24/10/2022 - 10:41


Fulcrum Utility Services shares slump as expects to swing to loss

Fulcrum Utility Services Ltd on Monday reported that it expects to record a significant fall in revenue and a substantially widened loss in its half...

Mon, 24/10/2022 - 10:35


TOP NEWS: South32 quarterly output largely down; lowers coal outlook

South32 Ltd on Monday posted a mostly lower production performance in the first quarter, but guided for strong annual output growth overall, despite lowering guidance...

Mon, 24/10/2022 - 10:30


IN BRIEF: Sareum widens annual loss; considers future of SRA737

Sareum Holdings PLC - Cambridge, England-based drug developer for cancer and autoimmune diseases - In the year ended June 30, pretax loss widens to £2.6...

Mon, 24/10/2022 - 10:28


UPDATE: Frasers ups investment in Hugo Boss to 33%; buys 5% Asos stake

Frasers Group PLC on Monday said it increased its investment in German fashion designer Hugo Boss AG to just under a third, while also confirming...

Mon, 24/10/2022 - 10:24


IN BRIEF: Benchmark expects annual earnings to be ahead of guidance

Benchmark Holdings PLC - Sheffield, England-based aquaculture genetics, health and nutrition company - Expects adjusted earnings before interest, tax, depreciation and amortisation for the financial...

Mon, 24/10/2022 - 10:21


Union Jack Oil shares surge on buyback and dividend announcement

Union Jack Oil PLC on Monday declared its first special dividend and announced a share buyback programme as its financial position has been "transformed" over...

Mon, 24/10/2022 - 10:19


Pound rises and gilt yields fall as Sunak looks set for Number 10, Ashley takes a stake in ASOS, Auto Trader sells Irish business and Pearson performs well

“At least PM-in-waiting Rishi Sunak knows he’s got the markets on his side,” says AJ Bell Financial Analyst, Danni Hewson.

“After rival Boris Johnson...

Mon, 24/10/2022 - 10:15


LONDON BROKER RATINGS: HSBC raises BP, Land Securities, British Land

The following London-listed shares received analyst recommendations Monday morning and Friday afternoon:

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FTSE 100

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HSBC raises British Land to 'buy' (hold) - price...

Mon, 24/10/2022 - 10:12


ValiRx teams with King's College London for cancer project

ValiRx PLC on Monday said it is making progress on its goal to introduce new academic projects into its portfolio, after launching subsidiary company Cytolytix...

Mon, 24/10/2022 - 10:05


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