Economic and Market News for 11 February 2021
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11 Feb
10:11DiscoverIE completes acquisition of LimitorCustomised electronics maker DiscoverIE said it had completed the acquisition of Limitor for up to €18 million. The acquisition of Limitor was announced on 4 December 2020, and was conditional on...
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11 Feb
09:42LSL Property Services acquires stake in Direct Life Quote; acquires Mortgage GymMortgage advice company LSL Property Services said it had acquired a 60% stake in Direct Life Quote for £1.8 million, and Mortgage Gym for £2.4 million, as part of its digital strategy to drive...
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11 Feb
09:26Jersey Oil & Gas receives confirmation of licence P2498 awardUpstream oil and gas company Jersey Oil & Gas said the Oil and Gas Authority had confirmed award of the merged licence P2498 to the company. The award during the 32nd offshore licensing...
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11 Feb
09:23Altus Strategies makes new gold discovery at Diba project in MaliAltus Strategies made a new gold discovery at its Diba gold deposit in western Mali, and reported encouraging assay data from the deposit. The shallow dipping gold discovery was made 1.5km...
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11 Feb
09:18FTSE opens flat afer sluggish end to yesterdayThe FTSE 100 opened flat today, up a modest 4.4 points to 6535.32, following the strong pound that stifled momentum during later trading on Wednesday. Close attention will be paid to oil firms...
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11 Feb
08:19IQE says IP legal dispute resolved after receiving $2.5m settlement paymentWafer products and material solutions company IQE said its multifacted intellectual property legal dispute had been settled after it was awarded a payment of $2.5 million. Since the Tribunal...
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11 Feb
08:11Ascent Resources raises £1m through discounted equity placing; targets ESG metalsEnergy and natural resources company Ascent Resources said it had raised £1 million gross by way of a discounted equity placing. Ascent Resources also included ESG Metals as a new target sector...
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11 Feb
07:51Carnival Corporation upsizes and prices senior unsecured notesCruise company Carnival Corporation said it had priced the private offering of $3.5 billion aggregate principal amount of 5.75% senior unsecured notes due 2027 and upsized the offering to $3.5...
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11 Feb
07:36LXi REIT raises annual dividend target amid ongoing momentumReal Estate investment company LXi REIT raised its annual dividend target, citing successive quarters of strong rent collection and rental growth. The company said it was targeting an annual...
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11 Feb
07:27AstraZeneca annual profit more than doubles on strength in new medicinesPharmaceutical giant AstraZeneca delivered full-year results in line with its expectations, as annual profit was boosted by the sale of new oncology and biopharmaceuticals medicines. For the...