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AIM movers: Reassuring trading by Shield Therapeutics and ex-dividends - UK Investor Magazine
Main Market miner Hamak Gold (LON: HAMA) has sold its 10.1% stake in Vela Technologies (LON: VELA). These are the remaining shares used to pay for £300,000 of convertible loan notes. The deemed issue price was 0.012375p/share. The Vela Technologies share price has recovered 27.3% to 0.007p. Iron treatment provider Shield Therapeutics (LON: STX) says […]
JD Sports shares sink on softer profit guidance after 'volatile' trading - UK Investor Magazine
JD Sports shares sank on Thursday after the sportswear retailer announced a poor trading period that would impact full-year profits. JD Sports has announced that, following challenging trading conditions in October, it expects full-year profits to be at the lower end of its previous guidance range of £955-1035 million. The sports fashion retailer cited softer […]
Mulberry Group – The two billionaires are now going to have to play a ‘waiting game’ as the new CEO tries to sort out the loss-making bag maker - UK Investor Magazine
At the start of last month, it looked as though there was going to be a handbag-swinging duel between the two largest shareholders in the Mulberry Group (LON:MUL). The Somerset-based company is the UK’s largest manufacturer of luxury leather goods. There was a period, years ago, when the bags were totally ‘chic’ and could fetch […]
Nvidia shares fall in premarket after revenue guidance misses estimates - UK Investor Magazine
Nvidia shares were lower in the US market after the chip maker smashed Q3 revenue and earnings estimates but fell short of analysts’ expectations for Q4 revenue guidance. The 4% drop in Nvidia shares despite sales nearly doubling in Q3 compared to the prior year underscores just how high investors’ expectations are for the chip […]
CleanTech Lithium achieves major breakthrough with first pilot-scale production - UK Investor Magazine
CleanTech Lithium shares jumped on Thursday after the company announced a significant milestone by successfully producing its first batch of pilot-scale lithium carbonate at a facility in Chicago, USA. The Chilean-focused exploration company is developing Direct Lithium Extraction (DLE) technology designed to produce environmentally friendly lithium. The company has successfully processed its first tank of […]