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Rigel Pharmaceuticals Stock Rallies On Eli Lilly Deal

Eli Lilly (NYSE: LLY) and Rigel Pharmaceuticals Inc (NASDAQ: RIGL) have announced a global exclusive license agreement and strategic collaboration to co-develop and commercialise Rigel's R552. Lilly will pay an upfront cash payment to Rigel of $12

Sam Boughedda
Helium One Shares Jumped 6.45% After Starting the Seismic Work on Rukwa Project

Shares of Helium One Global Ltd (LON: HE1) jumped 6.45% higher after the helium mining company announced it had started the infill seismic campaign for its Rukwa project by mobilising survey and line-clearing crews. Helium One has a first-mover ad

Simon Mugo
MGC Pharmaceuticals Shares Soar After Signing Agreement with Swiss PharmaCan

MGC Pharmaceuticals (LON: MXC) shares have spiked on Thursday after the company signed a minimum three-year exclusive worldwide master supply and distribution agreement with Swiss PharmaCan AG for the distribution of ArtemiC Rescue. MGC’s share pr

Sam Boughedda
FastForward (FFWD) Shares Soar 33% on Investee Firm’s Medicinal Cannabis Supply Deal

Shares of FastForward Innovations Ltd (LON: FFWD) soared 33% after announcing that Little Green Pharma (LGP), one of its investee companies, had secured an exclusive deal to supply medicinal cannabis products to the QUEST Initiative. Investors che

Simon Mugo
AIkido Shares Slide After Announcing $10m Bought Deal Offering

Biotechnology firm, AIkido Pharma's (NASDAQ: AIKI) share price has plunged on Wednesday after the company announced it has entered into an underwriting agreement with H.C. Wainwright & Co under which the underwriter has agreed to purchase 6.25 mi

Sam Boughedda
Blink Charging Inks Distribution Agreement with Ingram Micro

Electric vehicle charging operator, Blink Charging (NASDAQ: BLNK) said on Wednesday that the company has entered into a US reseller agreement with Ingram Micro Inc. The deal will enable Blink to market and sell its HQ 100 residential charging stat

Sam Boughedda
Seanergy Maritime Stock Falls 22% Premarket, Here’s Why

Seanergy Maritime (NASDAQ: SHIP) shares are down premarket after the company signed a deal with certain unaffiliated institutional investors to purchase approximately 44,150,000 of its common shares for $1.70 per share. The common share offering w

Sam Boughedda
Ariana Resources Shares Surge 13.4% After Closing a Lucrative Turkish JV Project

Shares of Ariana Resources plc (LON: AAU) surged 13.4% after announcing the closing of a joint venture deal in Turkey that will earn the company up to $37.75 million in cash consideration before taxes. The gold mining and exploration first announc

Simon Mugo
Plus500 Shares Fall 4.28% Despite Upbeat FY Results and $25M Share Buyback Plan

Shares of London-listed Israeli CFDs broker Plus500 Ltd (LON: PLUS) fell up to 4.28% after releasing its 2020 full-year results and unveiling a new share buyback plan worth $25 million. Investors seemed unimpressed by the company’s upbeat earnings

Simon Mugo
Deepverge Shares Rally 10.4% After Securing Water Equipment Orders Worth £3.6M

Shares of Deepverge PLC (LON: DVRG) rallied 10% higher after the water and life technology company announced that it had secured orders for water contamination equipment worth £3.6 million ($5m) since acquiring Modern Water in November 2020. Today

Simon Mugo
Progressive Corporation to Acquire Protective Insurance for $338m – Shares Surge

Shares of Protective Insurance (NASDAQ: PTVCA and PTVCB) are on the rise on Tuesday after announcing that Progressive Corporation (NYSE: PGR) has agreed to acquire the company for $23.30 per share or $338 million in total. Insurance firm, Progress

Sam Boughedda
Blink Charging Shares Edge Higher After Bisimoto Cooperation Announcement

Shares of electric vehicle charging firm Blink Charging (NASDAQ: BLNK) are gaining on Tuesday after the company announced its cooperation with Bisimoto Engineering to promote Blink as their charging solution of choice and support electric vehicle ado

Sam Boughedda
Socket Mobile Stock Surges On iPhone 12 Scanner Launch

Shares of Socket mobile are climbing premarket after the company announced its new DuraSled product, an enterprise-grade barcode scanner for the iPhone 12, iPhone 12 Pro, iPhone 12 Pro Max, and iPhone 12 Mini. The company said its case "protects p

Sam Boughedda
Hyve Shares Are Up 13% YTD, Can the Events Company Recoup Last Year’s Losses?

Shares of Hyve Group PLC (LON: HYVE) rose 7.48% despite the company's lack of announcements bringing the stock’s gains this year to slightly above 13%. The company that was formerly known as ITE Group organises trade exhibitions and conferences wo

Simon Mugo
Serco Shares Rally 9.44% After Acquiring US Defense Firm WBB for $295M

Shares of British public services company Serco Group plc (LON: SRP) surged 9.44% after acquiring US-based defence contractor Whitney, Bradley & Brown (WBB) for $295 million. The deal gives Serco access to contracts from the US Army, Air Force

Simon Mugo
Kanabo Group Shares Spike 223% Higher on LSE Debut as Investors Scramble for Shares

Shares of Kanabo Group Plc (LON: KNB) spiked 223% higher after the medical cannabis device maker listed on London’s primary market earlier today at 6.5p making it the second cannabis firm currently listed on the LSE. The company produces and sells

Simon Mugo
Boyd Gaming and Aristocrat Technologies Announce BoydPay Digital Wallet

American gaming and hospitality company Boyd Gaming (NYSE: BYD) and Aristocrat Technologies has announced the launch of BoydPay, it's new digital wallet product. The digital wallet will give customers the ability to create a cashless digital walle

Sam Boughedda
Mining, Minerals & Metals Shares Fall As Chairman Steps Down

Shares of Mining, Minerals & Metals (LON: MMM) have fallen on Monday after the company said Matthew Bonner, its non-executive chairman and Andrew monk and non-executive director have both stepped down with immediate effect. Simultaneously the

Sam Boughedda
Rolls-Royce Shares Climb 3.81% But Still Trading Near Support, Is a Rally Imminent?

Shares of plane engines manufacturer Rolls-Royce Holding PLC (LON: RR) edged 3.81% higher after the appointment of a new Chief Financial Officer (CFO), but the stock is still trading at the bottom of a wide range, is a rally imminent? Rolls-Royce

Simon Mugo
Wildcat Petroleum Shares Rally Following Michael Edelson Appointment

Wildcat Petroleum (LON: WCAT) shares are soaring on Monday after the company appointed Michael Edelson as a senior business advisor. The recently floated company said Edelson has been part of several successful projects involving shell companies,

Sam Boughedda