FTSE lower after US stocks hand back gains, factory gate prices due from across the Atlantic and UK GDP comes in ahead of expectations

“After another positive surprise on US inflation, stocks were all set to stage another rally before the head of the San Francisco Federal Reserve Bank...

Fri, 11/08/2023 - 10:31


UPDATE: UK CMA provisionally clears UnitedHealth’s Optum UK Emis buy

UnitedHealth Group Inc’s buy of London-listed healthcare software and services provider Emis Group PLC has been provisionally cleared by the UK’s competition watchdog.

The UK Competition...

Fri, 11/08/2023 - 10:28


Atlantis Japan Growth agrees rollover terms into Nippon Active Value

Atlantis Japan Growth Fund Ltd and Nippon Active Value Fund PLC on Friday both announced they had agreed terms for a merger, where Atlantis Japan...

Fri, 11/08/2023 - 10:20


SMALL-CAP WINNERS & LOSERS: GCP Asset Backed up on tie-up plan

The following stocks are the leading risers and fallers among London Main Market small-caps on Friday.

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SMALL-CAP - WINNERS

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GCP Asset Backed Income Fund Ltd, up 5.5%...

Fri, 11/08/2023 - 10:17


Chaarat Gold posts Armenia update; extends loan notes by three months

Chaarat Gold Holdings Ltd on Friday gave an update on its Kapan mine in Armenia and on its secured convertible loan notes due 2023.

The...

Fri, 11/08/2023 - 10:13


Touchstone Exploration first half figures fall on lower oil production

Touchstone Exploration Inc on Friday said revenue was down in the first half as oil production fell.

The Calgary, Canada-based oil and gas company focused...

Fri, 11/08/2023 - 09:56


FBD posts interim profit rise on higher insurance revenue

FBD Holdings PLC Friday reported a surge in its half-year profit.

In the six months to June 30, the Dublin-based insurer said pretax profit soared...

Fri, 11/08/2023 - 09:54


IN BRIEF: Mosman Oil & Gas annual net production falls following halt

Mosman Oil & Gas Ltd - Sydney-based oil and gas company, with projects in Australia and the US - Says for the year ended June...

Fri, 11/08/2023 - 09:54


LONDON BROKER RATINGS: Deutsche cuts Domino’s Pizza; RBC lowers CVS

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

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FTSE 100

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Deutsche Bank cuts abrdn price target to 165 (175) pence - ’sell’

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Goldman Sachs raises...

Fri, 11/08/2023 - 09:52


IN BRIEF: Celsius Resources gives up on Silvercorp and looks elsewhere

Celsius Resources Ltd - West Perth, Australia-based explorer for copper and gold in Philippines and cobalt in Namibia - Believes Silvercorp Metals Inc is unlikely...

Fri, 11/08/2023 - 09:37


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