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Morses Club Shares Plunged 21% on New Scheme of Arrangement

The Morses Club PLC (LON: MCL) share price plunged 20.8% after issuing a Practice Statement Letter (PSL) and an update regarding the scheme of arrangement it will submit for approval by the courts next year. 

Simon Mugo
Argo Blockchain Shares Plunge — No Assurance it Can Avoid Chapter 11 Bankruptcy

Argo Blockchain announced late Monday that it has requested that the UK Financial Conduct Authority (FCA) restores the listing of its shares, and that is “expected to happen as soon as practicable.”

Sam Boughedda
Cineworld Shares Are Range-Bound As Potential Suitors Emerge

The Cineworld Group plc (LON: CINE) share price has been trading sideways since mid-November amid rumours that some of its competitors are interested in acquiring its assets or the entire company. 

Simon Mugo
USDJPY Price: The Pair Is Stuck in a Range As the Yen Rally Ends

The USDJPY currency pair has been trading sideways for the past five days as the Japanese yen’s rally ends. The yen had rallied higher against the US dollar from 21 October 2022, when the currency pair peaked, pushing the pai

Simon Mugo
Microsoft Acquires a 4% Stake in London Stock Exchange (LSEG)

Microsoft (NASDAQ: MSFT) has acquired a 4% stake in London Stock Exchange Group (LON: LSEG), which is part of a 10-year strategic partnership, the companies announced Monday morning.

Sam Boughedda
HTG Molecular (HTGM) Stock Soared 181% Ahead of Presentation

The HTG Molecular Diagnostics Inc (NASDAQ: HTGM) stock price soared 181.5% after announcing that it would hold its next HTG Therapeutics key opinion leader (KOL) webinar tomorrow.

Simon Mugo
Oracle an ‘Outlier in Software,’ Says Analyst Ahead of Q2 Earnings

Oracle (NYSE: ORCL) is set to report its fiscal second-quarter earnings after the close on Monday, and heading into those results, Jefferies analyst Brent Thill provided positive commentary on the stock but remained cautious.

Sam Boughedda
Manchester United Shares Downgraded Following Rally

Manchester United (NYSE: MANU) shares have surged over 55% in the last month, but one analyst last week downgraded the stock. The footbal

Sam Boughedda
Amgen Stock Edges Lower on the $26 Billion Horizon Acquisition

The Amgen, Inc. (NASDAQ: AMGN) share price edged 3% lower after Bloomberg reported that the company had agreed to buy Horizon Therapeutics in a deal worth $26 billion.

Simon Mugo
EOS Dip Buying Opportunity with Bullish EOS Price Projection

The EOS cryptocurrency price has dipped since the weekend but has shown solid gains in early December and since the early November lows was posted. The Q4 gains have highlighted at least a short-term base and sets up a more p

Steve Miley
Which Companies Are Announcing UK Earnings This Week — December 12

Things are beginning to quieten down as we head into the Christmas period. However, on Monday, we had updates from several companies, while businesses such as TUI, Accenture, Serco Group, and Currys are also set to report upd

AskTraders Team
SolGold Shares Plunged 6% on $36M Capital Raise, Partnerships

The SolGold plc (LON: SOLG) share price plunged 5.98% after revealing that it had completed the $36 million capital raise announced on 23 November 2022. 

Simon Mugo
Savannah Energy to Acquire Petronas Assets in South Sudan for Up to $1.25bn

Savannah Energy (LON: SAVE) revealed on Monday that it has entered into a share purchase agreement with PETRONAS International to acquire PETRONAS' entire oil and gas business in South Sudan.

Sam Boughedda
Totally PLC (TLY) Shares Rallied 8.82% on the New £66M Contract

The Totally Plc (LON: TLY) share price rallied 8.82% after revealing that it had won a contract to provide two urgent treatment centres (UTC) in Bromley, South East London. 

Simon Mugo
Oriole Resources (ORR) Shares Surged 27% on Maiden Estimate

The Oriole Resources PLC (LON: ORR) share price surged 27.3% after releasing the maiden Inferred JORC-compliant Mineral Resource Estimate (MRE) of 305,000 Troy ounces (oz) for Bakassi Zone 1.

Simon Mugo
Velocys Shares Jump On £27m UK Department for Transport Grant

Velocys (LON: VLS) jumped in early Monday trading after the company announced its Altalto Immingham Ltd subsidiary was awarded an up to £27 million grant from the UK Department for Transport's (DfT) Advanced Fuels Fun.

Sam Boughedda
Netflix Shares Gain After Wells Fargo Upgrades to Overweight

Netflix (NASDAQ: NFLX) shares are rising premarket Friday after the company's shares were upgraded at Wells Fargo and had its price target raised at Cowen.

Sam Boughedda
The FTC Seeks to Block Microsoft’s Activision Blizzard Acquisition

The Federal Trade Commission (FTC) of the United States voted Thursday to prevent Microsoft's (NASDAQ: MSFT) $69 billion acquisition of Activision Blizzard (NASDAQ: ATVI), claiming that it would hurt competition in high-perfo

Sam Boughedda
Exxon Mobil Expands Share Buyback Program to $50bn

On Thursday, Exxon Mobil (NYSE: XOM) announced it has expanded its share-repurchase program to $50 billion through 2024, including $15 billion in 2022.

Sam Boughedda
EQTEC Shares Edge Higher After Loan Facility From Major Shareholder

EQTEC (LON: EQT) shares opened higher Friday after the company said it has entered into a loan facility with its largest shareholder Altair Group Investment.

Sam Boughedda