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Warburg Pincus rescues £1.8 billion merger of two British investment firms
According to Sky News, Warburg Pincus just invested over £250 million to facilitate a merger that will create the fourth-largest wealth management firm in the UK. The private equity firm came on board to rescue the merger between Tilney and Smith &am
Volkswagen Share Price Struggles to Rally Despite a Swing to Profit
Shares of Volkswagen (ETR: VOW) are trading about 1.5% lower today after the German car giant said it returned to profit in the third quarter. Yesterday, Volkswagen reported earnings before tax of about 2.4 billion euros after posting a 1 billion
VIVE Stock Rises On Positive Data From SUI Feasibility Study
Shares of nano-cap stock Viveve Medical (NASDAQ:VIVE) have surged over 70% premarket on Tuesday after the company announced positive primary efficacy data from its Stress Urinary Incontinence study. The study compared Viveve's Cryogen-cooled Monop
Verditek Share Price Plunges 8.3% on Reports It Lied to Investors
Shares of Verditek Plc (LON: VDTK) today fell 8.3% after an expose by Tom Winnifrith revealed that the clean energy and solar power company lied to investors in 2019. However, this is not a new expose as it was first published on August 12th when
US-China trade talks get off to a good start before they’ve even begun – markets rally
The face-to-face trade meetings between the US and China kick off on Thursday, but there are reports of positive steps being taken even before the teams have taken their seats. China appears to have taken the initiative and pr
Iconic Labs Shares Rallied 10.3% After Firing CEO Just Over 6 Weeks Into Her Role
Shares of Iconic Labs PLC (LON: ICON) rallied 10.3% after the company announced Brad Taylor’s appointment as its new CEO. Taylor replaces Sarah Dees, appointed as CEO on February 05, 2021, who served in that capacity for just over six weeks. Today
Oxford BioDynamics Shares Surge After Launching Covid-19 Severity Test
Shares of biotechnology firm Oxford BioDynamics (LON: OBD) are soaring on Tuesday after it said it has launched its EpiSwitch COVID-19 Severity Test (CST) in the US. Oxford BioDynamics share price has gained over 61% so far, climbing to 112p per s
Oriole Resources Shares Rise After IAMGOLD Agreement
Shares of AIM-listed Oriole Resources (LON: ORR) are gaining on Tuesday after the company said it has reached an agreement with joint venture partner IAMGOLD regarding Senegal's Senala project. Oriole Resources share price is trading over 17% high
Cineworld Shares Edge 6.51% Higher on Plans To Reopen US Cinemas, They Later Fell
Shares of cinema operator Cineworld Group plc (LON: CINE) edged 6.5% higher after the company announced that it had reached an agreement to reopen its Regal theatres in the US starting April 2, 2021. The cinema operator said that a limited number
US and Iran reassess their situation — the markets take the opportunity to count their casualties
One week after the assassination of Iranian general Qasem Soleimani, the US and Iran have formed an uneasy and unofficial truce. The sides have a long track record of firing insults at each oth
Unilever Share Price Soars 8% As Net Earnings Rose 10% in H1
Shares of Unilever PLC (LON: ULVR) jumped more than 8% on Thursday after the Anglo-Dutch giant reported a surge in its net earnings by 10% in the first half of the year. The f
Uber Shares up 5.57% Premarket on Reports of a $2.65 Billion All-Stock Deal to Buy Postmates
According to a news report published by Bloomberg, Uber Technologies inc is set to acquire Postmates, a food delivery company, in a $2.65 billion all-stock deal. Although the announcement is yet to be publicised sources familiar with negotiations bet
Tyme Stock Up Over 30% On Potential New COVID-19 Oral Therapy
Biotechnology company Tyme Technologies (NASDAQ:TYME) has announced that it has found a potential new approach to treating COVID-19, news which sent the stock surging higher. The company stated that the new approach involves using a metabolic agen
Twitter Shares Surge 7% – New Subscription Platform Being Developed
Twitter (NYSE:TWTR) shares have surged higher on Wednesday after the company appears to be working on a new subscription platform for its social networking service. The reports emerged after a job posting went up for a new internal team at the com
TUI Share Price Falls 14% After UK Orders Quarantine on Spain Travel
Shares of Tui AG (LON: TUI) have plunged 14% on Monday after the UK decided to introduce a quarantine rule for all non-essential travel to Spain A major tour operator was then forced to cancel Sunday's (July 26) flights
Tron (TRX) Price Soars as SUN Genesis Mining Platform Grows
Price of TRON (TRX) has continued to trade higher in the last couple of days, buoyed by positive news from the SUN genesis mining platform. This is the latest DeFi product launched by the TRON Foundation. According to the latest information from S
Travis Perkins Share Price Tumbles 8% as Profit Crashes 81%
Shares of Travis Perkins PLC (LON: TPK) tumbled more than 8% today after the UK-based construction giant witnessed its profit tumbling 81% for the first half of the year ending June 30. Construction sites were closed in March and April amid the pa
Trainline Share Price Soars 8% as Former eBay Executive Becomes COO
Shares of Trainline PLC (LON: TRN) are trading more than 8% higher today after the firm appointed Jody Ford, an ex-eBay executive, as a new chief operating officer (COO). After he left eBay, Ford acted as the CEO of per
Trainline Share Price Plunges 10% to a 6-Month Low. Here’s Why
Shares of Trainline PLC (LON: TRN) fell over 10% today after the firm announced that its current chief executive Clare Gilmartin will be stepping down from the board beginning next year. In her place, Trainline will promote its chief operating off
Trackwise Designs Shares Rally 30.4% on Acquisition Price Cut
Shares of Trackwise Designs PLC (LON: TWD) today surged 30.4% after announcing that it had secured a significant discount on the purchase price of Stevenage Circuits. The company, which designs printed circuit technology received a £657,000 on the