Phil Reason, chief executive of Instem Plc (LON:INS), tells Proactive's Andrew Scott they've been awarded a new two-year SEND (Standard for the Exchange of Nonclinical Data) outsourced services contract.The contract has been awarded by an unnamed top five global nonclinical contract research organisation (CRO) and is worth in excess of ?1.7mln over an initial two-year period. Meet Netscient...Read More
-Dividend being paid to legacy shareholdersELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce it has set a distribution date of January 19, 2018 for the special dividend from the sale of the Dataram legacy memory business. Shareholders of record as of May 8, 2017 will be entitled to receive a special dividend equal to $0.208633136944 for each s...Read More
-Dividend being paid to legacy shareholdersELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today is pleased to announce it has set a distribution date of January 19, 2018 for the special dividend from the sale of the Dataram legacy memory business. Shareholders of record as of May 8, 2017 will be entitled to receive a special dividend equal to $0.208633136944 for each s...Read More
NEW YORK, Jan 18 (Reuters) - Wall Street ended lower on Thursday as losses in industrial stocks and interest-rate sensitive sectors offset marginal gains in tech stocks.The Dow Jones Industrial Average fell 97.01 points, or 0.37 percent, to 26,018.64, the S&P 500 lost 4.45 points, or 0.16 percent, to 2,798.11 and the Nasdaq Composite dropped 2.23 points, or 0.03 percent, to 7,296.05. (Reportin...Read More
ALL TIMES IN EST/GMT -------------------------------------------------------0830/1330: The USDA releases weekly Export Sales. (Delayed from Thursday due to the Martin Luther King Jr. Day federal holiday on Monday.)------------------------------------------------------- DIARY - Federal Reserve Events U.S. Indicators (Washington economics team) Disclaimer: The views expressed in this article are th...Read More
Tim McCarthy, chairman of ImmuPharma PLC (LON:IMM), tells Proactive the last patient has completed dosing within the 52-week, randomised, double-blinded, Phase III clinical trial of Lupuzor?,,?, their lead programme for the potential breakthrough compound for Lupus, the life threatening auto-immune disease.He adds that 200 patients have now been successfully recruited and dosed, with top line resu...Read More
(Kitco News) - Commodity exchange-traded funds (ETFs) inflows point to anexcitement in the gold market, according to Bloomberg Intelligence commoditystrategist Mike McGlone.“Dominated by precious metals, inflows indicate a gold marketthat continues to gain favor despite rapidly increasing financial assets,”McGlone said in a note published on Thursday. Growing demand for diversific...Read More
(Kitco News) - Commodity exchange-traded funds (ETFs) inflows point to an excitement in the gold market, according to Bloomberg Intelligence commodity strategist Mike McGlone.“Dominated by precious metals, inflows indicate a gold market that continues to gain favor despite rapidly increasing financial assets,” McGlone said in a note published on Thursday. Growing demand for divers...Read More
(Adds quotes and prices)* U.S. 10-year yields hit highest since March* 10-year inflation breakeven rate highest since February* U.S. 10-year TIPS supply fetches strongest bid since 2014* Two-year yields highest since September 2008 By Kate DuguidNEW YORK, Jan 18 - Yields on U.S. 10-year notes reached a 10-month high on Thursday after China reported fourth-quarter growth that accelerated for the f...Read More
Westhaven Ventures Inc. (TSXV:WHN) is pleased to announce that ground geophysics has commenced at its 18,768 hectare Shovelnose gold property, located within the prospective Spences Bridge Gold Belt (SBGB), approximately 35 kilometres south of Merritt, British Columbia.Read full newsRead More
Jan 18 (Reuters) - TMX Group's head of equity capital markets, Nicholas Thadaney, is leaving Canada's biggest stock exchange operator after a reorganization of the company, Chief Executive Officer Lou Eccleston said.Thadaney's role as president and CEO of capital equity markets is being eliminated, Eccleston said in a statement. Luc Fortin, who heads TMX's derivatives-focused Montreal Exchange, wi...Read More
XAU/USD drops to 6-day low at $1324 on Thursday. Greenback weakness allows the pair to recover. Weak market sentiment provides a boost to Gold. The XAU/USD pair is trading in a relatively tight range on Thursday. After dropping to its lowest level since January at $1324 in the early Asian session on rising risk appetite amid upbeat data from China, the pair retraced its daily losses to turn posi...Read More
(Adds details of deal, background and links)By Heather SomervilleSAN FRANCISCO, Jan 18 (Reuters) - A group of investors led by SoftBank Group Corp closed a deal with Uber Technologies Inc on Thursday, making SoftBank the largest stakeholder in the ride-services firm and providing a much-needed boost to controversy-ridden Uber.The deal includes a large purchase of shares from existing Uber investo...Read More
Threats of a government shutdown have the Dow retreating from the record high set earlier -- and testing its newfound footing atop 26,000. This negative price action is not confined to blue chips, either, with network infrastructure specialist ADTRAN, Inc. (NASDAQ:ADTN), and pharma stocks Lannett Company, Inc. (NYSE:LCI) and Endo International plc (NASDAQ:ENDP) also in the red. Here's a quick look...Read More
The main U.S. stock market indexes gained between 0.9% and 1.3% on Wednesday, retracing their Tuesday's move down, as investors' sentiment improved following better-than-expected Industrial Production data release, among others. The S&P 500 index trades just 0.2% below its Tuesday's record high of 2,807.54. The Dow Jones Industrial Average reached new record high of 26,130.45 yesterday, and th...Read More
BRASILIA, Jan 18 (Reuters) - Brazil has issued $1.5 billion worth of a 2047 dollar bond at a spread of 271 bps over U.S. Treasuries, in a reopening that is its first sovereign debt transaction of the year, the National Treasury said on Thursday.The Treasury hired Citigroup Inc , HSBC Holdings Plc and Morgan Stanley to underwrite the reopening of its Global 2047 bond. (Reporting by Anthony Boadle;...Read More
For the first time since October 2006, Morgan Stanley is 'bigger' than Goldman Sachs...Read full newsRead More
BRASILIA, Jan 18 (Reuters) - Brazil's top economic policymaking body on Thursday made adjustments to the methodology for calculating rates on savings accounts, without altering their returns.Interest earned on savings accounts will now be based on yields on government debt, instead of bank deposit certificates, which have fallen out of favor in financial markets. The new calculation will effective...Read More
* Listing planned for H1, possible as early as Q1 -sources* Valuation would represent 30 percent discount* CIBC has said final decision not yet made* CIBC working with Barclays/UBS on listing -sources (New throughout, adds background on U.S. bank valuations)By Matt Scuffham and John TilakTORONTO, Jan 18 (Reuters) - Canadian Imperial Bank of Commerce is targeting a valuation of 10 times earnings fo...Read More
* Turmoil to keep US govt open stokes anti-dollar mood* Euro holds below 3-year peak versus greenback* Evidence of reserve diversification drags on dollar* Bitcoin stabilizes after brutal two-day selloff (Updates market action, adds quotes)By Richard LeongNEW YORK, Jan 18 (Reuters) - The U.S. dollar fell on Thursday as traders piled into the euro, yen, sterling and other major currencies, prompted...Read More