Latest News
Centamin Shares Are Down 17% This Year, Can They Reverse Course and Rally Higher?
Shares of gold mining company Centamin PLC (LON: CEY) are down 17% this year, fueled by the drop in gold prices as investor risk appetite remained elevated, boosting riskier assets at the expense of safe-haven assets such as gold. The company’s sh
Amgen Inc To Acquire Five Prime Therapeutics – Shares Rally
Shares of Five Prime Therapeutics (NASDAQ: FPRX) are surging on Thursday after the announcement that drugmaker Amgen Inc (NASDAQ: AMGN) will pay about $1.9 billion in cash to acquire the company. Amgen will pay $38 per share, representing a premiu
Rathbone Brothers Shares Gain After Reporting ‘Resilient’ Performance in 2020
Shares of Rathbone Brothers (LON: RAT) are gaining on Thursday after the company reported a resilient 2020 performance. The company’s CEO Paul Stocktonsaid it was an "immensely challenging year", but they “continued to deliver a high-quality servi
Futura Medical Shares Surge 45.2% on £2M Financing Deal and Licensing Contract
Shares of Futura Medical plc. (LON: FUM) surged 45.2% after announcing that it had entered into a financing agreement to receive £2 million from HT Riverwood Multi-Growth Fund. The pharmaceutical company also announced that it had signed a licensi
Michaels Co. To Be Acquired By Apollo Global Management – Shares Rally
Shares of The Michaels Companies (NASDAQ: MIK) are trading higher on Tuesday following news that it is agreed to be acquired by funds managed by affiliates of Apollo Global Management Inc. Apollo has agreed to acquire the company in a transaction
Dollar Tree Q4 Sales Misses Estimates, Shares Up After The Open
Dollar Tree (NASDAQ: DLTR) reported its fourth-quarter and full-year results on Wednesday, with its share price initially falling then moving higher after the open on Wall Street. On March 2nd, the company's revealed it increased its share repurch
Iconic Labs Shares Soared 88.7% After Appointing Three New Directors to Its Board
Shares of Iconic Labs PLC (LON: ICON), a British digital media management company, soared 88.7% after appointing three new directors to its board as it rebuilds the company after the former management team resigned. The media company appointed Bre
KemPharm Shares Surge After NDA Approval
KemPharm (NASDAQ: KMPH) shares are surging premarket on Tuesday after the company announced that the US Food and Drug Administration has approved the New Drug Application for AZSTARYS. AZSTARYS is a once-daily product for treating attention-defici
Wishbone Gold Shares Rise After Acquiring Cottesloe Project
Shares of exploration firm Wishbone Gold are gaining on Tuesday after the company announced it has signed a deal to acquire 100% ownership of the 92.19 square kilometres Cottesloe Project in the Patersons Range region of Western Australia. Wishbon
Micro Focus Shares Jump 16% on AWS Agreement To Replace Mainframe Computers
Shares of Micro Focus International plc (LON: MCRO), a British IT firm, surged 16% after announcing that it had signed a commercial agreement with Amazon Web Services (AWS). The deal will allow AWS to deploy Micro Focus’s technology to help compan
Argo Blockchain Shares Gap 12.8% Higher on Upbeat February Bitcoin Mining Report
Shares of crypto mining company Argo Blockchain PLC (LON: ARB) gapped 12.8% higher after announcing that it mined 129 Bitcoin (or its equivalents) worth £4.34 million in February compared to the 93 bitcoin worth £2.48 million mined in January. Inv
NIO Shares Fall As it Warns Chip Shortage Will Impact Production
Shares of NIO are down so far on Tuesday after the company reported mixed Q4 earnings, and its CEO said on a call with analysts that shortages in chips and batteries will force production to slow.Â
Great Elm Healthcare Stock Rises As Subsidiary Makes Acquisitions
Tuesday’s premarket session has seen Great Elm Group (NASDAQ: GEG) shares climb after the company said a subsidiary of Great Elm Healthcare, Focus Respiratory LLC, has acquired Advanced Medical DME, LLC and PM Sleep Lab, LLC. The acquired companie
Flutter Entertainment Shares Fell as Its $11B Mega-Merger Eroded Its 2020 Profits
Shares of Flutter Entertainment PLC (LON: FLTR) fell after the company 2020 profits tanked due to the costs of its $11 billion merger with The Stars Group, finalised in May 2020. The company reported that its revenues rose 106% to £4.3 billion ($6
ECR Minerals Shares Are Down 10.3% in 2021 Despite Positive Updates, Can They Rally?
Shares of ECR Minerals PLC (LON: ECR) are down 10.3% since the start of 2021, having recouped some of its heavier losses incurred in January, can the miner’s shares rally back into positive territory. The company recently completed its first drill
Kaixin Auto Shares Jump 22% Premarket After Sales Contracts
Kaixin Auto Holdings (NASDAQ: KXIN) shares are rallying premarket on Tuesday after the company said Haitaoche Limited, through its subsidiaries, has entered into two vehicles sales framework contracts with third-party customers. The company entere
Lookers Shares Rally 14% After FCA Drops Mis-Selling Investigation, Upgraded Rating
Shares of Lookers PLC (LON: LOOK) rallied 14% after the UK car retailer announced that the UK’s Financial Conduct Authority (FCA) had closed its investigation into its possible mis-selling products. Lookers shares rallied to their current prices a
Amigo Loans (AMGO) Shares Surge 21.3% as Institutions Buy More Shares
Shares of Amigo Holdings PLC (LON: AMGO) surged 21.3%, building on yesterday’s massive 35.8% rally as institutional investors led by J.P.Morgan upped their stakes in the troubled lender despite the significant pending issues that are yet to be resolv
Groupon Shares Continue To Climb Following JPMorgan Upgrade
Shares of Groupon (NASDAQ: GRN) are continuing to climb on Monday following last week’s fourth-quarter earnings report. The eCommerce firm reported its fourth-quarter revenue at $343 million, with revenue for the full year 2020 at $1.4 billion. Th
Electrocore Shares Gain On Medistar Distribution Agreement
Bioelectronic medicine company electroCore’s (NASDAQ: ECOR) shares are gaining on Monday after the company announced it has entered into an agreement with Medistar2 that will see them serve as the gammaCore Sapphire distributor in Australia. The g