Johnson Matthey pressed as Standard Investments demands swift action
In Tuesday's letter, the American investment firm escalated pressure on Johnson Matthey to address shareholder dissatisfaction, calling its response to a demanded strategic review "wholly insufficient ...
LONDON MARKET EARLY CALL: FTSE 100 set for tepid open after NY slump
IG says futures indicate the FTSE 100 to open just 2.1 points lower, so largely flat, at 8,243.18 points on Wednesday. The index of London large-caps ended down 4.38 points, 0.1%, at 8,245.28 on ...
Global Petroleum shares tumble as fundraising extends to retail
(Alliance News) - Global Petroleum Ltd saw its shares drop 24% on Tuesday afternoon as it reported a successful capital raise to advance its Juno project.
Coral Products sells two buildings; receives payout on insurance claim
(Alliance News) - Coral Products PLC on Tuesday said it has sold two freehold properties in Haydock, Merseyside, and that it has reached a settlement agreement for a 2020 fire insurance claim.
Union Jack Oil celebrates spudding of Moccasin 1-13 well in Oklahoma
(Alliance News) - Union Jack Oil PLC on Tuesday said a well in Seminole County, Oklahoma, has been spudded. The oil and gas company focused on onshore US and UK assets has a 45% working interest in ...
LONDON BROKER RATINGS: Citi cuts AJ Bell; BofA likes JD Sports
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Close Brothers names Finance Director Mike Morgan as chief executive
(Alliance News) - Close Brothers Group PLC on Tuesday reported that Group Finance Director Mike Morgan will succeed Adrian Sainsbury as chief executive officer, effective from Monday.
Hill & Smith CFO Hannah Nichols departs to join Coats Group
Nichols will join Coats as CFO on April 24 and assume full responsibilities after its annual general meeting on May 21, succeeding Jackie Callaway, who has mutually agreed with the board of Coats to ...
Serica Energy resumes Triton production, targets Q1 compressor boost
The company reported that production at the Triton FPSO resumed on December 27, with the export gas compressor successfully restarted and gas exports beginning on December 29. Serica expects that ...
LONDON BRIEFING: Next ups guidance after strong Christmas trade
Stocks in London are set to open lower on Tuesday, with a eurozone inflation reading, and US data in focus. Both batches of data will be scrutinised for what they could mean for the European Central ...
LONDON MARKET EARLY CALL: FTSE 100 to open lower before eurozone data
(Alliance News) - Stocks in London are set to open lower on Tuesday, after a decent start to the week, with eurozone and US data in focus later. IG says futures indicate the FTSE 100 to open 44.1 ...
LONDON BROKER RATINGS: Barratt and Persimmon raised but Berkeley cut
Redburn raises Barratt Redrow to 'buy' (neutral) - price target 540 (530) pence Redburn raises Persimmon to 'buy' (neutral) - price target 1,510 (1,610) pence RBC cuts Unilever to 'underperform' ...