Latest Economic and Market News

  • 07:53
    Extra £1bn in Regional Growth Fund welcome boost, says BCC

    Commenting on the announcement by Nick Clegg on the opening of the third round of applications for the Regional Growth Fund, Dr Adam Marshall, Director of Policy at the British Chambers of...

  • 07:47
    FLASH: Dhir India Investments delisted from AIM

    Story provided by StockMarketWire.com

  • 07:18
    FLASH: Brainspark placing raises £2m

    Story provided by StockMarketWire.com

  • 07:15
    FLASH: Yamana Gold increases dividend by 12%

    Story provided by StockMarketWire.com

  • 07:14
    FLASH: African Eagle completes first stage of asset disposal

    Story provided by StockMarketWire.com

  • 07:13
    FLASH: Klövern in bond issue

    Story provided by StockMarketWire.com

  • 07:09
    FLASH: Lancashire facing $35m Costa Concordia loss

    Story provided by StockMarketWire.com

  • 06:26
    The Press Roundup

    A brief summary of Thursday's main business headlines... Extensive comment on QE, Shell bid for Cove, Peacocks rescue, RBS, Centrica, Hays. FINANCIAL TIMES Germany fights eurozone firewall...

  • 22 February
    15:33
    US crude oil inventories to publish day later

    US weekly crude oil inventories will be published tomorrow (23 February) due to the public holiday on Monday. Story provided by StockMarketWire.com

  • 22 February
    15:06
    Altona Energy appoints Nomad

    Altona Energy has appointed WH Ireland as the company's nominated adviser, with immediate effect. At 3:06pm: (LON:ANR) share price was -0.37p at 5.13p Story provided by StockMarketWire.com

  • 22 February
    15:04
    US existing-home sales up 4.3%

    US existing-home sales rose by 4.3% to a seasonally-adjusted annual rate of 4.57 million in January, according to the National Association of Realtors. NAR chief economist Lawrence Yun said...

  • 22 February
    15:00
    FLASH: US existing-home sales up 4.3%

    Story provided by StockMarketWire.com

  • 22 February
    14:59
    Vodafone Group buys back 8.2m shares

    Vodafone Group has bought back 8,200,000 ordinary shares at a volume weighted average price of 175.8289p apiece to be held in treasury. Vodafone has purchased 1,467,099,938 shares at a total cost...

  • 22 February
    14:45
    African Bank in $350m bond issue

    African Bank Investments' subsidiary African Bank has issued a $350m five-year fixed rate senior unsecured bond, with a final redemption date of 24 February 2017. The bond was issued at a credit...

  • 22 February
    14:39
    Nokia transfers treasury shares

    Nokia has transferred 658,856 shares from treasury to participants of its equity-based incentive plans. Story provided by StockMarketWire.com

  • 22 February
    14:28
    Taurus issues Kalahari compulsory purchase notices

    Taurus has sent out compulsory purchase notices to Kalahari Minerals' shareholders who have not accepted the recommended cash offer. At 2:28pm: (LON:KAH) share price was +0.13p at 243.38p...

  • 22 February
    14:20
    Diageo transfers treasury shares

    Drinks giant Diageo has released 188,730 ordinary shares from treasury at an average price of 1,056.32p apiece to satisfy grants made under employee share plans. The company now holds...

  • 22 February
    14:03
    Sage Group buys back shares

    Sage Group has bought back 450,000 ordinary shares at an average price of 306.13p apiece to be held in treasury. The highest and lowest prices paid for these shares were 307.90p and 304.70p...

  • 22 February
    13:58
    Quarto options exercised

    Quarto Group has transferred 7,000 ordinary shares from treasury following the exercise of employee shares granted under its executive share option scheme. At 1:58pm: (LON:QRT) Quarto Group...

  • 22 February
    13:52
    Polymetal's shares excluded from MICEX-RTS list B

    JSC Polymetal's shares have been excluded from the quotation list B of MICEX-RTS and are only admitted to trading on MICEX-RTS as unlisted securities. This decision was made by MICEX-RTS as the...

  • 22 February
    13:47
    International Biotechnology cancels treasury shares

    International Biotechnology has cancelled 250,000 ordinary shares held in treasury. The shares had previously been bought back at a price of 148.50p apiece. The company now holds 3,850,000...

  • 22 February
    13:35
    AstraZeneca buys back shares

    AstraZeneca has bought back 300,000 ordinary shares at 2843p apiece for cancellation and now has 1,277,706,751 in issue. At 1:35pm: (LON:AZN) AstraZeneca share price was -1.75p at 2839.75p...

  • 22 February
    13:18
    Telekomunikacja Polska buys back shares

    Telekomunikacja Polska bought back 622,710 shares at an average price of PLN16.8216 between 15-21 February. The company has bought back 11,936,119 shares for PLN210,474,937.69 under its buyback...

  • 22 February
    13:09
    EDF assessing options for Sutton Bridge divestment

    EDF is assessing its options for the divestment of the Sutton Bridge power station. Divestment of the 819MW combined cycle gas turbine power plant in south -east Lincolnshire was one of the...

  • 22 February
    13:01
    Jarvis Securities declares dividend

    Jarvis Securities has declared a first interim dividend of 2.5p which will be paid on 14 March to shareholders on the register on 2 March. A dividend reinvestment plan is being offered and the...

  • 22 February
    09:45
    KEFI Minerals raises £1.85m

    Saudi Arabia-focused KEFI Minerals has completed a placing and raised £1,850,000, before expenses. The placing of 61,666,667 ordinary shares at 3p apiece was significantly over-subscribed. The...

  • 22 February
    09:33
    FLASH: 2 members of MPC wanted £75bn extra QE

    Story provided by StockMarketWire.com

  • 22 February
    09:31
    FLASH: The BoE MPC voted 7 - 2 to increase QE by £50bn

    Story provided by StockMarketWire.com

  • 22 February
    09:31
  • 22 February
    08:19
    AquaBounty to raise $2.0m

    AquaBounty Technologies is planning to raise $2.0m, before expenses, through a subscription by existing shareholders. The subscription is conditional on shareholder approval at a general meeting...

  • 22 February
    07:57
    Business optimism improving, says IoD

    A new survey of 1,000 business leaders by the Institute of Directors (IoD) shows that companies are relatively confident despite the weak economic outlook: 2012 UK Economic Outlook •Only 35 per...

  • 22 February
    07:54
    Chancellor has room for manoeuvre, says BCC

    Public sector borrowing in January 2012 was -£7.8bn compared with -£5.2bn in January 2011. Commenting on the public sector finance figures for January 2012 published by the ONS, David Kern, Chief...

  • 22 February
    07:52
    CBI urges changes to the UK tax system

    The CBI has called on the Chancellor to use his March Budget to score the growth and investment policy goals he put forward in his Autumn Statement and give the UK economy and jobs a real boost....

  • 22 February
    07:42
    FLASH: Centrica acquires portfolio of UK North Sea assets

    Story provided by StockMarketWire.com

  • 22 February
    07:38
    FLASH: KEFI Minerals raises £1.85m

    Story provided by StockMarketWire.com

  • 22 February
    07:13
    FLASH: Madagascar Oil raises $26.5m through placing

    Story provided by StockMarketWire.com

  • 22 February
    07:10
    FLASH: AquaBounty to raise $2.0m

    Story provided by StockMarketWire.com

  • 22 February
    07:06
    The Press Roundup

    A brief summary of Wednesday's main business headlines... Extensive comment on Greece doubts, Dow gains, Albemarle & Bond, Drax, Tarmac deal. FINANCIAL TIMES Greece races to meet bail-out demands...

  • 21 February
    16:29
    BT Group transfers treasury shares

    BT Group has transferred 450,509 ordinary shares from treasury to its employee share plans at a minimum price of 61p and a maximum price of 208p apiece. BT now holds 373,060,641 ordinary...

  • 21 February
    16:01
    JPMorgan European IT declares dividendes

    JPMorgan European Investment Trust's board has declared a second interim dividend on its growth and income shares of 1.95p and 1.20p per share respectively. The payments will be made on 10 April...

  • 21 February
    15:32
    ORA Capital Partners buys back shares

    ORA Capital Partners has bought 500,000 ordinary shares at an average price of £1.47 per share. These will be cancelled along with 55,494 of the 5,493,320 ordinary shares currently held in...

  • 21 February
    15:22
    Natasa looks at ways to develop Alberta coal leases

    AIM-listed Natasa Mining is considering a move on to the main board of the London Stock Exchange. The company acquired six coal leases in Alberta, Canada, in August and is currently looking at...

  • 21 February
    14:53
    Troy Income & Growth in equity issue

    Troy Income & Growth Trust has issued 500,000 ordinary shares at of 54.25p apiece under its blocklisting facility. The company has the ability to issue a further 7,208,620 ordinary shares under...

  • 21 February
    14:50
    Rights and Issues IT declares dividends

    Rights and Issues Investment Trust's board had declared dividends of 1.275p per capital share and 17.00p per income share. The dividends are payable on 31 March to shareholders of record on 2...

  • 21 February
    14:26
    Telekomunikacja Polska issues bonds to subsidiaries

    Telekomunikacja Polska has issued PLN285.5m of short term bonds to subsidiaries in the past two days. Yesterday (20 February) it issued bonds of PLN75m with a redemption date of 5 March to PTK...

  • 21 February
    14:21
    Finsbury Growth & Income in equity issue

    Finsbury Growth & Income Trust has issued 50,000 ordinary shares at 348.5p apiece. This equates to a premium to the estimated cum income net asset value at the time of transaction of 0.5%. The...

  • 21 February
    14:07
    EMED Mining warrants exercised

    EMED Mining has issued 1,799,900 ordinary shares following the exercise of broker warrants that were issued in connection with the company's listing on the Toronto Stock Exchange. At 2:07pm:...

  • 21 February
    13:48
    Blackstar to sell Litha Healthcare shares

    Blackstar has agreed the conditional sale of 72,989,078 ordinary shares in Litha Healthcare Group Limited to Paladin Labs. The disposal, for a cash consideration of R200,719,964.50, represents...

  • 21 February
    13:35
    Athol in equity issue

    Athol has issued 207,622,728 new shares as consideration for the acquisition of a portfolio of listed investments and loan convertible notes from PLUS listed Agneash Soft Commodities with a value...

  • 21 February
    13:29
    AstraZeneca buys back shares

    AstraZeneca has bought back 310,000 ordinary shares at 2851p apiece for cancellation reducing the number in issue to 1,278,003,166. At 1:29pm: (LON:AZN) AstraZeneca share price was +1p at...

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