Tuesday, January 19, 2021

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Bagir Group to sue one of China’s largest fashion firms

Bagir Group Ltd (LON:BAGR) said it will take legal action against the Shandong Ruyi Group for breach of contract. The Chinese fashion conglomerate, once touted...

NMC Health still confused over who controls major shareholdings

NMC Health PLC (LON:NMC) cannot seem to get a straight answer out of its three major shareholders over who owns millions of the company's...

Royal Mail pay offer ‘could worsen industrial relations’ warn analysts

Royal Mail PLC's (LON:RMG) new pay offer to workers could end up causing more tension between the postal carrier and trade unions, analysts at...

Nippon Active Value Fund makes steady debut in London

Nippon Active Value Fund PLC (LON:NAVF) made a steady start on debut on London's main market this morning, with the shares rising to 103p...

Pearson 2019 profits fall short of guidance issued last month

Pearson PLC (LON:PSON) saw its shares fall on Friday, putting the educational publisher at risk of dropping out of the FTSE 100 index in...

Burberry target price trimmed by Jefferies after coronavirus warning

Burberry Group PLC (LON:BRBY) has had its target price cut to 1,750p from 1,900p by analysts at Jefferies as the broker said the luxury...

600 Group drops as it takes hit from coronavirus delays; US trading worse

600 Group PLC (LON:SIXH) shares topped the fallers list in London on Friday after warning on profits once again, with the firm citing the...

NQ Minerals agrees to acquire historic Beaconsfield gold mine

NQ Minerals PLC (NEX:NQMI) (OTCMTS:NQMLF) has struck a deal to buy the Beaconsfield gold mine in Tasmania for an initial fee of A$2mln. The property,...

Coronavirus rules in equity and commodity markets, or does it?

Prices, prices. The gold price moved above US$1,600 an ounce in the third week of February, as investors digested the potential risk of the...

AdEPT plans GBP4mln fundraising as it targets ‘potential acquisitions’

AdEPT Technology Group PLC (LON:ADT) has raised up to GBP4.25mln to fund potential acquisitions as part of a wider strategy to expand the business. The...

Kingspan warns of “slow start” to 2020 despite solid end to 2019

Kingspan Group PLC (LON:KGP) has warned of a "slow start to 2020" amid an uncertain outlook in its end markets despite what it said...

Maxcyte: At the forefront of cell therapy revolution

What MaxCyte does MaxCyte Inc (LON:MXCT) is developing an experimental targeted cancer treatment but also licenses out the technology to larger biotechs and...