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HPS To Acquire Marlin Business Services (MRLN) – Shares Rally
Marlin Business Services (NASDAQ: MRLN) is the top gainer so far in the US on Monday after the company announced it will be acquired by HPS Investment Partners LLC. HPS will acquire Marlin through its European Asset Value Funds at $23.50 per share
The ESL Backlash Hasn’t Dented Man United’s Share Price
Shares of Manchester United (NYSE: MANU) are up premarket on Monday after announcing that they and 11 other clubs have agreed to join a European Super League (ESL). The seismic announcement, which has (rightly) received a significant backlash arou
Yourgene Health Awarded PHE Framework Agreement
Yourgene Health (LON: YGEN) said it has been awarded a Framework Agreement under Public Health England's (PHE) National Microbiology Framework for Lot 1 (Diagnostic Goods and Services) of the four-lot tender for its
Mode Global Shares Edge 4.6% Higher on US OTC Listing Application, Bears Still in Control
Shares of Mode Global Holdings PLC (LON: MODE) edged 4.76% higher after filing for listing on the US over-the-counter markets. The company applied with OTC Markets Group to have its shares publicly cross-traded on the OTCQB Venture Market ("OTCQB") u
Xtract Resources (XTR) Shares Plunged 9.84% After Raising £5.5M via a Discounted Share Issue
Shares of Xtract Resources PLC (LON: XTR) fell 9.84% after revealing that it had raised £5.5 million via a discounted share placement, pricing each new share at 5.6p. The mining company said that the funds raised would be used to commence the phas
Genedrive Shares Rise On Successful Tender for Framework Contract
Genedrive (LON: GDR) said it has been successful with its tender into Public Health England (PHE) under Lot 1 of the National Microbiology Framework. The PHE tender sought to appoint suppliers to a multi-lot national microbiology framework agreeme
Marston’s Share Price Is Up Over 29% This Year Forming a Triangle. How Far Can It Go?
Shares of British pub chain Marston's PLC (LON: MARS) are up 29% this year and have formed a bullish ascending triangle on the daily chart indicating a possible bullish breakout in future. The pub operators shares have edged higher this year but h
4D Pharma Shares Edge Higher on Parkinson’s UK Collaboration
Shares of pharmaceutical company 4D Pharma (LON: DDDD) are climbing on Monday after the company announced a collaboration with Parkinson’s UK, a non-profit organisation focused on Parkinson’s disease. A new Patient Advisory Board will be establish
Hometown International Shares Fall Following Reports
Shares of Hometown International (OTC: HWIN) are down over 20% on Friday, trading at $10.71 per share… Now, I know you are thinking, who cares, I’ve never heard of them,
Mer Telemanagement (MTS) Stock Surges On SharpLink Merger
Shares of telecommunications expense management, call accounting and contact centre software company Mer Telemanagement Solutions (NASDAQ: MTSL) are surging on Friday after the company announced a definitive agreement and plan of merger with SharpLin
InfraStrata Shares Jump After Being Awarded “Major” Fabrication Contract
AIM-listed InfraStrata’s (LON: INFA) shares are rallying on Friday after it was awarded a contract by Saipem Limited for the fabrication and load-out of eight wind turbine generator jacket foundations for the EDF Renewables and ESB Energy owned Neart
Ceres Power Shares Have Formed a Triangle Pattern Since Bottoming in March. What’s Next?
Shares of hydrogen energy company Ceres Power Holdings plc (LON: CWR) have formed an ascending triangle pattern after bottoming in March following the selloff that begun in January as sustainable energy stocks lost momentum. Many analysts have poi
ECR Minerals Shares Are Down 41% in 2021, Can They Change Course and Rally Higher?
Shares of ECR Minerals PLC (LON: ECR) are down 41% this year, driven by the drop in gold prices that has affected most gold mining and exploration companies this year. Many did not expect a surge in the US dollar, which drove gold prices dollar as
AFC Energy Shares Climb As ABB Makes £3.25m Investment
Shares of hydrogen power firm AFC Energy (LON: AFC) are gaining on Friday after the company announced ABB Schweiz AG will make a strategic investment in the company to strengthen their corporate partnership. ABB will invest £3.25 million into AFC
Angle plc Shares Climb After Securing $1.2m Services Contract
Shares of liquid biopsy firm Angle plc (LON: AGL) are climbing on Friday after the company said it has secured its first large-scale pharma services contract. The contract is with a pharmaceutical company is expected to be worth up to $1.2 million
Helium One Shares Plunge 14.1% After Raising £10M via a Discounted Share Issue
Shares of Helium One Global Ltd (LON: HE1) plunged 14.2% after the company revealed that it had raised £10 million via a discounted share placement, pricing each share at 10p (a 15% discount to yesterday’s closing price) in an oversubscribed offering
Ocado Invests £10m In Autonomous Vehicle Software Firm Oxbotica
Shares of online grocery platform Ocado (LON: OCDO) rose at the open on Friday after the company announced it has invested £10 million in autonomous vehicle software company Oxbotica. Oxbotica, headquartered in Oxford, will partner with Ocado to c
Dell Shares Rally Following VMWare Spin-Off Announcement
Dell Technologies (NYSE: DELL) share price is rallying after the company announced plans to spin off its ownership stake in VMWare. Negotiations about a potential spin-off had been ongoing for months but are now confirmed, with the move set to gen
Luckin Coffee Shares Jump Premarket On Investment Agreement
Remember Chinese coffee chain Luckin Coffee (OTC: LKNCY)... The company’s share price is rising premarket, up 10.4% at $10.56 after it announced it has entered into an investment agreement with a Centurium Capital affiliate as the lead investor an
Asiamet Resources Shares Edge 12.2% Higher as Investors Finally Notice of the Miner
Shares of Asiamet Resources Ltd (LON: ARS) edged 12.2% higher as investors finally started paying attention to the copper and gold mining company operating in key growth markets within the Asian continent. Analysts at Optiva Securities, a London-b