The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksWishbone Share News (WSBN)

Share Price Information for Wishbone (WSBN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1.25
Bid: 1.20
Ask: 1.30
Change: -0.10 (-7.41%)
Spread: 0.10 (8.333%)
Open: 1.35
High: 1.35
Low: 1.25
Prev. Close: 1.35
WSBN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

WINNERS & LOSERS SUMMARY: Just Eat Leaps As It Gobbles Up Takeaways

Fri, 05th Feb 2016 10:32

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Friday.
----------
FTSE 100 - WINNERS
----------
BG Group, up 1.1%. The oil and gas company reported full-year results that met market expectations as a 16% fall in revenue caused a steep drop in underlying earnings. The company, which is set to merge with Royal Dutch Shell, reported business performance earnings, which excludes special items and measures the underlying performance of the business, of USD1.69 billion in 2015 compared to USD4.03 billion a year earlier after revenue dropped 16%. BG Group didn't manage an overall profit, reporting a pretax loss of USD1.16 billion. However, that is still significantly narrower than the USD8.33 billion pretax loss in 2014. Before special items, BG managed a USD367.0 million profit compared to USD1.15 billion profit in 2014.

Shell 'A' and 'B' share classes both up 1.7%. The oil and gas major was adding to its gains from Thursday, supported by stable oil prices. Brent crude quoted at USD34.70 a barrel, having closed at USD34.62 on Thursday.
----------
FTSE 100 - LOSERS
----------
AstraZeneca, down 0.3%. The pharmaceutical company saw further losses from Thursday, when it guided for a decline in earnings and revenue in 2016.
----------
FTSE 250 - WINNERS
----------
Just Eat, up 7.6%. The online takeaway platform said it has acquired four takeaway businesses for a total of EUR125.0 million, in a move to beef up its position in four different countries. Just Eat said it bought takeaway food businesses from Rocket Internet in Spain and Italy, and from foodpanda in Brazil and Mexico, with the acquisitions to be paid for with existing cash on its balance sheet.

Shaftesbury, up 2.1%. The real estate investment trust said it has continued to see strong tenant demand, underpinned by robust footfall and spending, while making "good progress" with its major schemes. The company which owns retail, restaurant and leisure assets across London's West End, reported EPRA vacancy of 2.0% at the end of December 2015, versus 1.6% at the end of September. Available to let vacancy comprised 13,200 square feet at the same stage, made up of retail space, two restaurants, office space and five apartments.

Victrex, up 2.2%. N+1 Singer upgraded its rating on the stock to Buy from Hold.

Micro Focus International, up 1.5% at 1.360.51p. Wizard Parent LLC, which is owned by Francisco Partners, Golden Gate Capital, Thoma Bravo LLC and Elliott Management Corp, Friday said it upsized the number of shares it was selling in the FTSE 250 software company after its placing was met with strong demand from investors. Wizard raised GBP357.0 million from the placing, which took place overnight and saw the sale of 28 million shares, versus the original expectation of 22 million shares, at 1,275 pence per share.
----------
FTSE 250 - LOSERS
----------
Enterprise Inns, down 2.0%. Barclays downgraded the pub operator's stock to Underweight from Equalweight.
----------
MAIN MARKET AND AIM - WINNERS
----------
Premier Farnell up 6.8%. The electrical components maker said it has agreed to sell life-safety products business Akron Brass Holding Corp to IDEX Corp for USD224.2 million in cash. The company said it decided to sell Akron Brass, which provides products to fight fire, in order to allow it to invest more in its core electronics distribution arm. The move comes after the completion of an operational review of its global electronics distribution business late last year, with the sale of Akron Brass marking an "important miletone" towards refocusing Premier Farnell and improving its financial performance.

Bahamas Petroleum, up 30%. The oil and gas company said the Bahamian senate approved a Petroleum Bill aimed at improving exploration in the country. The new legislation provides an upgraded and modernised framework for petroleum exploration operations in the Bahamas and are set to guide and govern the next phase of safe and responsible hydrocarbon exploration. The Sovereign Wealth Fund will ensure that wealth generated from exploration success in the country will be invested and conserved to benefit the country's population.

Wishbone Gold, up 10%. The gold miner said it has acquired Precious Metals International, which holds a gold, precious metals and gem trading licence to operate in the United Arab Emirates. Black Sand, which was established by its chief executive Barret Kosh in 2014 as a successor company to Multinational Commodities FZE, has agreements in place for importing gold from Colombia and Honduras with a pipeline of other supply deals from other parts of South America.

----------
MAIN MARKET AND AIM - LOSERS
----------
ImmuPharma, down 14%. The drug development company said it is seeking to raise at least GBP7.5 million through a placing and subscription to finance a trial for its Lupuzor product. ImmuPharma said it will issue no fewer than 11.8 million shares at 26 pence per share, to raise at least GBP3.1 million, in an accelerated bookbuild. In a separate agreement, ImmuPharma set out a subscription deal with Lanstead Capital to raise GBP4.4 million through the subscription of 17.0 million new shares at 10p per share. Of this, the company said it will retain GBP660,000. The remaining GBP3.76 million is to be pledged to Lanstead via a sharing agreement, with ImmuPharma entitled to receive the money over a period of 18 months, with the amount depending on the movement of ImmuPharma's shares.

Central Rand Gold, down 13%. The gold miner said it is raising GBP1.2 million through an equity subscription deal. The company said it plans on issuing just shy of 35.0 million new shares at 3.5 pence per share. It has already allotted 14.3 million new shares, and requires shareholder permission to issue the remainder. The shares have been conditionally subscribed for by a number of high-net-worth individuals including the principal of Zhejiang Golden Machinery Plant. The move comes just weeks after the company terminated talks with four Asian investor groups for the sale of Central Rand Gold (Netherlands Antilles) NV, amid uncertainty over falling commodity prices and a tough time for the junior mining sector.
----------
By Arvind Bhunjun; arvindbhunjun@alliancenews.com; @ArvindBhunjun

Copyright 2016 Alliance News Limited. All Rights Reserved.

More News
30 Jun 2022 19:25

EARNINGS UPDATES: Bushveld loss widens; Scottish Investment assets up

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
24 Jun 2022 14:11

IN BRIEF: Wishbone Gold sees high grade copper zone in Australia

Wishbone Gold PLC - Gibraltar-based precious metals trading and exploration company with assets in Australia - Says preliminary results indicate a high grade copper zone at its Halo copper gold project in Queensland, Australia. Says hole number 21 is the most promising, showing high levels of visible malachite, a green-coloured copper mineral.

Read more
24 Jun 2022 12:13

Wishbone Gold upbeat on latest drilling at Halo Project

(Sharecast News) - Wishbone Gold updated the market on the Wishbone II gold-copper drill programme on Friday, at its 100%-owned Halo Project in north Queensland.

Read more
17 Jun 2022 13:40

Wishbone Gold starts drilling at Red Setter project

(Sharecast News) - Wishbone Gold announced on Friday that drilling is underway at its Red Setter Gold-Copper Project, in the Patersons Range area of Western Australia.

Read more
17 Jun 2022 09:25

Wishbone Gold commences drilling at Red Setter gold-copper project

(Alliance News) - Wishbone Gold PLC on Friday said drilling is now underway at its Red Setter gold and copper project in Western Australia.

Read more
16 Jun 2022 15:21

IN BRIEF: Wishbone Gold "delighted" with tests at Wishbone II project

Wishbone Gold PLC - precious metals trading and exploration company with assets in Australia - Completes one quarter of its Wishbone II Gold-Copper drill programme in Northern Queensland. Sends initial reverse circulation drill samples to the Terra search office for testing prior to full lab analysis. Initial tests confirm the presence of elevated copper, with visible oxidised copper and primary chalcopyrite mineralisation.

Read more
7 Jun 2022 12:13

TRADING UPDATES: Argo mines less bitcoin in May; Filtronic wins deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
31 May 2022 20:01

TRADING UPDATES: Cloudbreak signs royalty agreement; TomCo drills

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

Read more
19 May 2022 18:55

TRADING UPDATES: Knights tips revenue hike; Gym Group eyes growth

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
16 May 2022 14:29

IN BRIEF: Wishbone Gold shares rise as it signs drill contract

Wishbone Gold PLC - precious metals trading and exploration company with assets in Australia - Signs the drilling contract for its Wishbone II gold-copper project in Northern Queensland. Says the maiden drill program will consist of 2,000 meters of reverse circulation holes, to test the surface for gold and copper anomalies at depth. Further, it will look for continuous underground structures. Says that its heritage surveys have been completed over the last few weeks, so the start of drilling is only dependent on the weather in the area improving.

Read more
12 May 2022 15:35

TRADING UPDATES: Secure Trust lending up; Eurocell sales climb

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

Read more
3 May 2022 11:57

Wishbone Gold signs rig contract for Red Setter drilling

(Sharecast News) - Wishbone Gold has signed a contract for the drilling of its Red Setter Gold-Copper Project in the Patersons Range area of Western Australia, it announced on Tuesday.

Read more
3 May 2022 11:55

Wishbone Gold signs drilling contract for Red Setter project

(Alliance News) - Precious metals trading company Wishbone Gold PLC said on Tuesday it signed a drilling contract for the company's Red Setter gold and copper project in the Patersons Range area of Western Australia.

Read more
7 Mar 2022 19:26

TRADING UPDATES: Alternative Income profit up; BiVictrix loss widens

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Read more
9 Dec 2021 19:44

TRADING UPDATES: Porvair expects revenue hike; Xtract's new discovery

TRADING UPDATES: Porvair expects revenue hike; Xtract's new discovery

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.