Proactive Investors News

Small Cap movers: Focus on the positives helps City broker Numis Securities

It has been an odd week for Numis, the AIM-listed stockbroker and corporate advisor. It reported a 61% slide in annual profits as it was hit by lacklustre activity in the City with Brexit taking its toll. But instead of meting out a punishment beating, the Square Mile’s price-makers opted to focus on the positives. Where there is chaos and market meltdown there are opportunities for those strong enough to push through. So, for survivor Numis this has translated into “best corporate client list we have ever had”, according to co-chief executives Alex Ham and Ross Mitchinson. >>>

Proactive Weekly Mining Highlights: Endeavour Mining, Rockfire Resources, Ariana Resources...

Endeavour Mining Corp (TSE:EDV) (OTCMKTS:EDVMF) lodged a bid for an all-share merger with UK-listed Egyptian gold miner Centamin PLC (LON:CEY). In a statement on Tuesday, the Canadian group said that the combination with the FTSE 250-listed firm would “strongly benefit both sets of shareholders due to the compelling long-term value creation opportunity”. Rockfire Resources PLC (LON:ROCK) unearthed good grades of gold near the surface at a new area of its Plateau gold deposit in Queensland, Australia. >>>

Proactive Weekly Oil & Gas highlights: Hurricane Energy, Echo, Providence Resources, EnQuest, Genel, VAALCO Energy, TomCo, Zenith

Hurricane Energy Plc (LON:HUR) has revealed results from the Warwick West well which confirmed a discovery and measured oil flows. The success rounds off a three well drill programme and marks a more positive result, after it kicked off with the Warwick Deep well which, in July, encountered a ‘poorly connected’ section of reservoir and failed to flow hydrocarbons at commercially viable rates. In an 85 hour well test, the Warwick West reservoir flowed at a maximum rate of 1,300 barrels of oil per day. >>>

Uber safety report shows more than 3,000 instances of reported sexual assault, shares slip

Uber Technologies Inc (NYSE:UBER) stock slid after the company’s first biennial US safety report revealed more than 3,000 reports of sexual assaults on 1.3 billion rides last year.  The 84-page report, released Thursday, actually showed a 16% decrease in the five most serious categories of sexual assault reported from last year, according to a report from Reuters.  The ride-sharing company saw shares fall 2.3% overnight to $27.98.  READ: Uber rival Bolt sees London passenger numbers surge 400% Specifically, the document revealed 235 instances of “non-consensual sexual penetration” and 280 of “attempted non-consensual sexual penetration.” Uber's report noted that passengers aren’t the only ones facing risks but that nearly all the incidents were reported by women. >>>

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UK bank holidays in 2020

Your guide to bank holidays across the United Kingdom in 2020.

2 reasons why the FTSE 100 could hit record highs in 2020

Roland Head explains why up to $30bn could flow back into FTSE 100 (INDEXFTSE: UKX) stocks next year.

Forget the Bitcoin price! Here’s how I’d invest to make £1m today

The outlook for Bitcoin is uncertain and stocks offer much better value at current levels, explains Rupert Hargreaves.