See our roundup of today's AIM risers - see the full LSE winners & losers board here.
Mobile Streams Announces New Payment Gateway In India
Mobile Streams (MOS) rose 20% to .9p a share following the announcement.
The global mobile content retailer’s association with the payment gateway will enable the company to generate revenue from customers on networks with no billing connection and users with low or zero balance prepaid wallets.
Simon Buckingham, CEO of Mobile Streams said: "We are very happy to partner with one of India's largest and longest established payment gateways. With the recent trend of lower and zero rate prepaid mobile wallets, it was imperative we created greater opportunity for customers to consume our mobile games services in India."
Read more here & follow MOS here:
Ebiquity Given Green Light To Dispose Of Its Advertising Intelligence Business by CMA
Ebiquity (EBQ) , rose 9% to 66p a share following the news that the Competition and Markets Authority provisionally approved the transaction.
The independent media and marketing consultancy intends to dispose of its Advertising Intelligence business to Nielsen Media Research.
Commenting on the publication, Michael Karg, CEO of Ebiquity said: “The planned disposal of Advertising Intelligence to Nielsen will allow Ebiquity to continue investment in its core consultancy practices, better align the business to the significant market growth opportunities and materially reduce net debt."
Read more here & follow EBQ here:
Ananda Developments Rises Over 9%
Ananda Developments (ANA) rose 9.76% this morning to 0.45p a share.
The company invests in projects that progresses medicinal or therapeutic cannabis research and development.
This follows the growing popularity of cannabis stocks as an increasing number of US states and countries worldwide continue to loosen laws regarding medical cannabis products or derivatives.
Read more here & follow ANA here:
Diversified Gas & Oil Acquires Core Appalachia Holding With Assets In Southern Appalachia
Diversified Gas & Oil (DGOC) rose 4.68% to 114.6p a share following the announcement
The US based gas and oil producer announced the acquisition of Core Appalachia Holding Co for $130 million in cash and 35 million new ordinary shares.
Commenting on the Acquisition, Diversified Gas & Oil's CEO Rusty Hutson said:
"Our strategic acquisition of Core will allow us to unlock significant value from our enlarged base of assets in Kentucky and West Virginia that would otherwise not be achievable on a stand-alone basis.”
“We expect to deliver both immediate and near-term synergies by combining these assets, resulting in higher revenues and lower operating expenses which will support our exceptional EBITDA margins across the portfolio and drive dividend payouts higher.”
Read more here & follow DGOC here:
Fevertree Drinks Rises Following Director Insider Share Buying
Fevertree (FEVR) rose over 6% to 2790p a share following the announcement
The leading supplier of premium carbonated mixers for alcoholic spirits experienced a sell-off over the past month.
However the company’s shares rose following the news Director Kevin Havelock and his wife purchased a large number of shares in the morning, amounting to 8915 shares.
Read more here & follow FEVR here:
Trading volume in Asiamet shares are 600% above the monthly average, as investors look to take advantage of the recent dip in price the company experienced following the speculation regarding protests in the Nagan Raya area where its Beutong asset is located.
Philip Hammond gets a £10 billion boost for Budget spending after fall in borrowing, China growth slowest since financial crisis as trade war looms.
Andalas Energy (ADL), recently released its corporate presentation to the public underlining its new ongoing strategy. The oil and gas exploration and production company explores opportunities in assets in the UK and Indonesia.
Read a roundup of This Week’s Trading Updates: Broker and Tipster Sentiment by Stockomendation Analyst James Bowden.
On today's podcast: David Ciclitira, Executive Chairman of Live Company Group (LVCG) talks about their recent acquisition of Bright Bricks and about general progress at the company. Also Russ Mould, Investment Director at stockbroker AJ Bell talks about: Zytronic (ZYT), Redcentric (RCN) & Tharisa (THS).
SP Angel morning note on commodities featuring: Scotgold Resources* (SGZ LN) – Cononish update
See Today's AIM Risers Featuring Safestay, CAP-XX, Fontera Resources and PhotonStar LED Group
Unilever overhaul could be ditched after backlash, Amazon creates 1,000 new UK research roles as tech giants hone in on British talent, HSBC to list shares in Shanghai in ‘symbolic’ move
Five financial stories, trending today in a 70 second podcast, including: Food sales saw their steepest drop in three years in September as consumers tightened their belts after the unusually hot summer, the Office for National Statistics (ONS) has said. Sales of food were down 1.5% in the month, contributing to a 0.8% fall in total UK retail sales.
As predicted, shares in New York have fallen into the red in early trading, Unilever has ‘no regrets’ on U-turn over HQ as sales grow