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UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme
RESULTS: IFA led wealth managers AFH Financial results show strong growth

ShareCast News

Morgan Stanley cuts payout assumption for Royal Mail, but upgrades

(Sharecast News) - Analysts at Morgan Stanley upgraded Royal Mail to 'equal-weight' on Thursday but lowered their target price on the postal service firm as it adjusted for medium-term pressures on letter volumes and lowered its dividend payout assumptions.
[14 Feb '19 12:07]

Puma scores own goal with timid forecasts

(Sharecast News) - Shares in Puma slid on Thursday, after the German sportswear company posted a healthy set of fourth-quarter numbers but predicted a more conservative performance for 2019.
[14 Feb '19 11:53]

London midday: Stocks maintain gains but Coca-Cola loses fizz on cautious outlook

(Sharecast News) - London stocks were still in the green by midday on Thursday, underpinned by solid performances from the likes of Micro Focus and AstraZeneca, although Coca-Cola HBC lost its fizz as it struck a cautious note about the outlook.
[14 Feb '19 11:50]

Motif Bio crashes as FDA calls for more data

(Sharecast News) - Motif Bio said it will need to raise new funds after the application for its skin infections treatment, iclaprim, was refused by the US drug regulator in its present form.
[14 Feb '19 11:47]

Patisserie Valerie rescued by Irish private equity firm

(Sharecast News) - Patisserie Valerie has been bought out of administration by Dublin-based private equity firm Causeway Capital Partners.
[14 Feb '19 11:22]

HomeServe to set up JV with Japan's Mitsubishi Corp

(Sharecast News) - Home repairs and improvements business HomeServe has signed an agreement with Mitsubishi Corporation (MC) to establish a 50:50 joint venture in Japan.
[14 Feb '19 11:12]

Eurozone economy inches ahead as Germany, Italy falter

(Sharecast News) - The eurozone economy continued to grow in the fourth quarter, official figures out on Thursday showed, albeit marginally.
[14 Feb '19 10:52]

Lancashire swings to profit despite higher levels of loss activity

(Sharecast News) - FTSE 250 insurer Lancashire Holdings said on Thursday that it swung to a profit in 2018 despite higher levels of loss activity related to natural catastrophes.
[14 Feb '19 10:51]

SkinBio seeking 'commercially experienced' CEO as business evolves

(Sharecast News) - SkinBioTherapeutics on Thursday announced that it is seeking a "commercially experienced" replacement for Cath O'Neill, as she transitions away from the chief executive role during the current year.
[14 Feb '19 10:40]

Tavistock Investments falls short on earnings

(Sharecast News) - Fund manager Tavistock Investments warned investors on Thursday that results for its current trading year looked set to be "lower than previously anticipated".
[14 Feb '19 10:31]

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