International stock news

Rss Today on Proactive AU

2015-05-29

ASX soars, but which near-term producer has doubled this year?

 
The yield hunters were back today with investors piling in to the big banks after their recent sell-off. MZI shares hit a 12-month high of $0.52, and settled 15.1% higher at $0.495.
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Rss Today on Proactive UK

2015-05-30

Bushveld Minerals CEO: Lemur bid ‘fair and reasonable’

 
The chief executive of Bushveld Minerals (LON:BMN), Fortune Mojapelo, says the company’s bid for ASX-listed Lemur Resources is both fair and reasonable and urges investors to accept the firm’s cash offer. Bushveld‘s bid is six Aussie cents for each share, which values Lemur overall at AS$10.9mln (£5.6mln); an offer which the CEO believes will be accepted. The company is targeting the 37.4% of Lemur it doesn’t already own. Mojapelo also explains the why the firm has signed new £2.6mln loan agreement with Darwin Strategic and how the deal gives flexibility to the Lemur takeover.
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Rss Today on Proactive US

2015-05-29

U.S. stock futures drop on GDP data, Greece concerns; Splunk slides

 
U.S. stock futures fell today after data that showed the economy contracted in the first quarter, and amid worries about Greece's ability to strike a deal with its euro zone partners by Sunday. Futures the Dow Jones Industrial Average fell 47 points to 18,087 at 8:41 a.m. in New York, while those for the S&P 500 index dipped 5.5 points to 2,116. Nasdaq-100 index futures eased 15.50 points to 4,527.50.
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