Surface Transforms posts loss; still eyeing profitability by 2022

Brake discs manufacturer Surface Transforms posted a loss for the seven-month period through December amid a rise in R&D spending.

The company published a seven-month...

Mon, 22/06/2020 - 09:00


Broker Forecast - Barclays Capital issues a broker note on Carnival PLC

Barclays Capital today reaffirms its equal weight investment rating on Carnival PLC (LON:CCL) and cut its price target to 1310p (from 4040p).

Broker Forecasts data...

Mon, 22/06/2020 - 09:00


Caribbean Investment agrees to acquire Scotiabank's Belize banking operations for up to US$35m

Caribbean Investment said it had agreed to acquire Scotiabank's licenced Belize banking operations for up to US$35m from Scotiabank Caribbean Holdings.

The acquisitions would expand...

Mon, 22/06/2020 - 08:51


Myclex Technologies wins $1.8m contract extension from Saudi Basic Industries

Clean water technology group Myclex Technologies said it had secured a $1.8m extension of a purchase order from Saudi Basic Industries Corporation.

The company also...

Mon, 22/06/2020 - 08:51


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

Jefferies International today reaffirms its buy investment rating on Barclays PLC (LON:BARC) and raised its price target to 212p (from 206p).

Broker Forecasts data provided...

Mon, 22/06/2020 - 08:50


Ncondezi Energy posts loss at it develops power project in Mozambique

Power group Ncondezi Energy posted a full-year loss as it continued to develop its Tete power station and related coal mine in Mozambique.

Pre-tax losses...

Mon, 22/06/2020 - 08:47


Vast Resources raises capital to settle liability; fund production in Romania

Mining group Vast Resources said it had raised £1.49m from a share issue to settle a liability to Atlas Capital Markets and fund initial production...

Mon, 22/06/2020 - 08:43


Broker Forecast - Peel Hunt issues a broker note on Oxford BioMedica PLC

Peel Hunt today reaffirms its buy investment rating on Oxford BioMedica PLC (LON:OXB) and cut its price target to 1000p (from 1050p).

Broker Forecasts data...

Mon, 22/06/2020 - 08:40


FTSE opens lower as rising Covid-19 infections stoke second wave fears

UK stocks opened lower on Monday as a rising number Covid-19 cases, including in the US and China, stoked fears of a second wave of...

Mon, 22/06/2020 - 08:35


Goldstone Resources finalises $3m gold loan agreement with Asian Investment Management Services

Gold exploration and development company Goldstone Resources said it had finalised the gold loan agreement with Asian Investment Management Services for a facility totalling US$3m....

Mon, 22/06/2020 - 08:31


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