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Sir Jim Ratcliffe’s Ineos Formally Enters Manchester United Takeover Race

Ineos, the company run by one of the UK's richest men, Sir Jim Ratcliffe, confirmed it has entered the running to acquire Manchester United (NYSE: MANU).

Sam Boughedda
Argo Blockchain Shares Have Risen 118.6% in 2023. What’s Next?

The Argo Blockchain PLC (LON: ARB) share price has risen 118.6% since the year started leaving many wondering whether we are at the beginning of a new bull market. The short answer is that rising Bitcoin prices have fueled th

Simon Mugo
Currys Shares Rally As UK & Ireland Business Offsets International Weakness

Currys (LON: CURY) shares jumped in early Wednesday trading after the company said its UK & Ireland continue to strengthen, compensating for its weak international performance.

Sam Boughedda
Omega Diagnostics Shares Tumble As Manufacturing Capacity Impacts FY23 Revenue, EBITDA

Omega Diagnostics (LON: ODX) shares plunged Wednesday after the company said full-year revenue is expected to be lower and they see an EBITDA loss.

Sam Boughedda
Polkadot Stays Bullish, Defends Bull Gap, Upside Forecasts

Polkadot has defended the bull gap set over the recent weekend and continues to build on the 2023 rally, boosted recently by the wider “risk on” theme seen across global asset classes since Friday’s release of the

Steve Miley
Ocado Shares Slide As Cost Of Living Crisis Weighs On Basket Volumes

Ocado (LON: OCDO) shares tumbled at the open Tuesday after it said orders edged higher in the fourth quarter, but the average basket value fell as the cost of living crisis impacted the retailer.

Sam Boughedda
Snap Downgraded at JMP Securities On Competition From YouTube Shorts and Reels

Snap (NYSE: SNAP) shares are down premarket after the stock was re-rated at Market Perform from Outperform by JMP Securities. Analyst And

Sam Boughedda
Airbus Shares Downgraded to Hold at Berenberg

Airbus (EPS: AIR) shares were downgraded to Hold from Buy at Berenberg on Monday, with its price target also cut to EUR120 from EUR150. B

Sam Boughedda
XPeng Expands European Service Network

XPeng (NYSE: XPEV) shares are trading 3% lower premarket despite the company announcing on Monday that it is expanding its service network in Europe. 

Sam Boughedda
United Oil & Gas (UOG) Shares Surged on a £5.7m License Sale

The United Oil & Gas PLC (LON: UOG) share price surged 26.7% after entering into a binding Asset Purchase Agreement (APA) with Quattro Energy Limited to sell its UK Central North Sea Licence P2519 for a maximum sum of up

Simon Mugo
Naked Wines Raises FY23 Profit Expectations – Expects ‘Modest’ FY24 Revenue Decline

Naked Wines (LON: WINE) raised its FY23 adjusted EBIT expectations on Tuesday following a solid third-quarter trading performance. Even s

Sam Boughedda
Avacta Shares Jump On Successful Completion of AVA6000 4th Dose Escalation

Avacta (LON: AVCT) shares jumped over 15% in early Tuesday trading after the company said it has successfully completed the fourth dose escalation in its AVA6000 Phase 1 clinical study.

Sam Boughedda
Ocado Q4 Trading Statement — What To Expect

Ocado (LON: OCDO) shares have had a positive start to the year, climbing 23% in 2023, and with other retailers recently posting positive updates, investors will be eagerly awaiting the company’s fourth-quarter trading stateme

Sam Boughedda
Tower Resources Shares Dropped on a $6M Institutional Placing

The Tower Resources PLC (LON: TRP) share price dropped 6.67% after it raised an initial amount of US$1,250,000 from Energy Exploration Capital Partners, LLC (EECP) via an institutional placing governed by an investment deed.

Simon Mugo
Power Metal Shares Fell After a Discounted £900K Capital Raise

The Power Metal Resources PLC (LON: POW) share price fell 3.41% after revealing that it had completed a placing and subscription to raise £900,000 before expenses. The monies will fund its priority exploration projects and ge

Simon Mugo
Which Companies Are Announcing UK Earnings This Week — January 16

Its been a positive few weeks for retailers following the Christmas period, with companies such as Next, B&M,

AskTraders Team
IQE Shares Plunged 21% on a Disappointing 2022 Trading Update

The IQE plc (LON: IQE) share price plunged 21.37% after issuing an update about its financial results for the 2022 financial year that ended in December. The company expects its constant currency revenues to align with its 20

Simon Mugo
QinetiQ Wins £80m MoD Contract

QinetiQ Group (LON: QQ.) said Monday morning that it has won an £80 million contract with the UK's Ministry of Defence (MOD). The company

Sam Boughedda
Ethereum Sends Bullish Technical Signal, Upside Forecasts

The wider cryptocurrency asset class has built on 2023 gains and the surge post US CPI to extend gains over the weekend. Ethereum (ETH) has sent particularly bullish signals on the chart and has positive price forecasts.

Steve Miley
Amigo Shares Crashed 44% Amid Struggle To Find a Lead Investor

The Amigo Holdings PLC (LON: AMGO) share price crashed 44.4% after revealing that it was struggling to secure a lead investor for the 19:1 equity raise mandated by the High Court as part of the approved scheme of arrangement.

Simon Mugo
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