KCR Residential REIT posts annual loss on higher expenses

Property investor KCR Residential REIT posted a full-year loss after a rise in revenue was offset by restructuring expenses.

Pre-tax losses for the year through...

Fri, 18/09/2020 - 13:38


City of London ups dividend 2.2% even as performance slips

Stock picker City of London Investment Trust raised its dividend despite it posting a negative annual performance pinned on the Covid-19 crisis.

The company declared...

Fri, 18/09/2020 - 13:26


Games Workshop appoints Elaine O'Donnell as chairman

Miniature wargames manufacturer Games Workshop said it had appointed existing director Elaine O'Donnell as its new chairman, effective 1 January.

O'Donnell had been an independent...

Fri, 18/09/2020 - 13:14


FTSE lower on negative interest rates scenario

UK stocks remained lower by midday on Friday, despite an improvement in local retail sales, as banks weighed on the markets.

It comes after the...

Fri, 18/09/2020 - 12:09


Is Snowflake the next big tech stock? Debt fears around buy now, pay later; and this year’s 10-baggers

Warren Buffett and Snoop Dogg have backed Snowflake and other investors will soon get their chance as the tech business and Amazon challenger heads to...

Fri, 18/09/2020 - 12:02


Markets generally calm but travel and banking stocks weaker on new UK lockdown fears

“With a whirlwind of political, economic, and healthcare activity creating a volatile backdrop, investors took time on Friday to take stock of events. Markets were...

Fri, 18/09/2020 - 10:23


Caspian Sunrise delays drilling for 12 months to bolster financing following virus impact

Oil explorer Caspian Sunrise said it would delay drilling for 12 months to improve its financial performance and could also seek a larger partner to...

Fri, 18/09/2020 - 10:04


Emmerson narrows losses, makes progress on moving Khemisset towards 'shovel ready' status

Potash development company Emmerson reported narrower losses in the first half of the year, and touted progress on moving Khemisset, located in Morrocom towards 'shovel...

Fri, 18/09/2020 - 09:48


Syncona portfolio company Autolus Therapeutics releases positive trial data

Healthcare investor Syncona welcomed the release of new data by portfolio company Autolus Therapeutics highlighting progress on a cancer treatment.

The data had been released...

Fri, 18/09/2020 - 09:48


Faron Pharmaceuticals' immunotherapy shows anti-tumour activity in clinical trial

Biopharmaceutical company Faron Pharmaceuticals said a clinical trial of its potential immunotherapy for difficult-to-treat cancer had triggered anti-tumour activity in patients.

The immunotherapy sought to...

Fri, 18/09/2020 - 09:41


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