Proactive Investors News

SkinBioTherapeutics boosts fundraise by £450,000 through open offer

SkinBioTherapeutics PLC (LON:SBTX) said it has received an additional £450,000 from an open offer that accompanied a £4mln placing  two weeks ago. Acceptances for the offer, which was priced at 16p, amounted to 2.8mln shares said the microbiome specialist. In total, its means the AIM-listed group has raised £4.45mln, which will be used to expand its product pipeline from skin into haircare, oral and acne. SkinBioTherapeutics also wants to develop own-label product lines and establish its own in-house scientific capability and related infrastructure. >>>

Shops and restaurants brace for Christmas season as Pizza Express cuts 1,300 jobs

Consumer-facing industries such as retail and hospitality are bracing for a tough Christmas season, with Pizza Express already cutting 1,300 jobs to cope with dire trading. Although the UK is divided into regional lockdowns, meaning several businesses are still allowed to trade respecting local restrictions, consumer confidence has been battered by the economic crisis and fears of infections rising. According to the latest Business Impact of Coronavirus Survey, published on Thursday by the Office for National Statistics, 47% of currently trading UK businesses reported a lower turnover compared to that normally expected for this time of year. >>>

FTSE 100 dozes off again; Wall Street expected to open lower

FTSE 100 index down 18 points Wall Street expected to open lower UK blue-chips have lost over 5% of their value this week NatWest results beat expectations 12.55pm: Wall Street to open lower  The Footsie has slipped back to earlier lows, down 18 points or 0.3% to 5,563.62, and the needle on the Wall Street equity futures market is back pointing towards a lower start as worries about the economic effects of coronavirus weigh on sentiment. This is despite a bumper bout of tech earnings overnight and strong GDP growth data in Europe. >>>

Today's Market View - Arc Minerals; SolGold; Vast Resources and others...

SP Angel . Morning View . Friday 30 10 20 Expectations for more COVID restrictions weigh on risk sentiment and economic outlook China’s Fifth Plenum of the Nineteenth Communist Party Congress offers little to go on CLICK FOR PDF   MiFID II exempt information – see disclaimer below   Altus Strategies* (AIM:ALS) – BUY, 132p – CEO bought £70k worth of stock in the market Anglo American (LON:AAL) – Class action launched against Anglo as a historical partner over alleged mass lead poisoning of children in Zambia BMR Group (AIM:BMR) – BMR Group now holds licenses over Star Zinc mine where Enviro Zambia has been cleaning up Kabwe mine site Arc Minerals* (AIM:ARCM) – High-grade copper at Fwiji indicate potential for greater discovery Beowulf Mining* (AIM:BEM) – Swedish government refer Kallak to UNESCO SolGold* (AIM:SOLG) – Second hole at Porvenir continuing in visible mineralisation Vast Resources* (AIM:VAST) – JORC Resource and Reserve at Baita Plai Yamana Gold (LON:AUY) – Q3 results benefit from higher than expected gold production                                                                                                       APEX survey rankings for SP Angel commodity forecasts: 2nd in Gold, 2nd in Copper, 2nd in Nickel, 1st in Tin, 5th in Iron ore     Economics US – Good GDP data released yesterday showed stronger than expected growth in Q3, although, the economy still remains some 3.5% below its prior peak. >>>

Motley Fool UK

Stock market crash: is this the best FTSE 100 bank share to buy right now?

This FTSE 100 bank share has just posted better-than-expected results. The share price rose on the day, but I think there's a lot more to come.

The post Stock market crash: is this the best FTSE 100 bank share to buy right now? appeared first on The Motley Fool UK.

The Supply@ME share price is falling again. Here’s what I’d do now

The Supply@ME share price has been falling, but market sentiment towards the business doesn't reflect its improving fundamentals.

The post The Supply@ME share price is falling again. Here’s what I’d do now appeared first on The Motley Fool UK.

Avoid this double threat to your car insurance premium!

Your car insurance premium is calculated using a risk rating, and your tyre thread is a double culprit in the way your risk is calculated.

The post Avoid this double threat to your car insurance premium! appeared first on The Motley Fool UK.