Page 6 - Peter Collum News Today

FTSE 100 steady above 7000 level with Wall Street set to open higher Companies FTSE 100 steady above 7000 level with Wall Street set to open higher The index of UK-blue-chips in positive mood while US is set to make a positive start as investors await jobs and services data FTSE 100 up 81 points Dow to see early gains Croda higher on restructuring talk 12.35pm: US market expected to recover Wall Street is set to recover after Tuesdays caution as US Treasury Secretary Janet Yellen rattled the c...

Peter Collum joins immediately and will be based in the New York area Redx Pharma PLC (LON:REDX) has appointed a new chief financial officer with both industry and banking experience. Peter Collum, who joins immediately and will be based in the New York area, was CFO and chief business officer of late-stage biopharma company Pharmnext, which he joined in 2019 after 17 years with the boutique investment bank, MTS Health Partners. “This is an exciting stage of Redxs development and growth as w...

SIG shares jump as it forecasts a return to profit A look at the major movers on the London market on Wednesday SIG PLC (LON:SHI) has come in from the cold sooner than expected. The insulation specialist said January and February had seen a solid start to the year, with sales volumes then picking up so that March and April traded ahead of expectations.   So it now expects to deliver an underlying profit in the first half, turning round its losses more quickly than expected. It said: "Whilst t...

A look at the major movers on the London market on Wednesday

The UK blue chip index remains resolutely positive but US markets unsettled by mixed economic picture

Future in demand after update on GoCompare acquisition A look at the major movers on the London market on Wednesday 1.11pm: Publisher pleases at presentation Future PLC (LON:FUTR) has been lifted by a presentation to analysts this week on price comparison websites. The company, which recently bought GoCompare, believes such websites can continue to add value for consumers and also product providers. It said the integration of GoCompare was going well, according to Roddy Davidson of Shore Capita...

SIG shares jump as it forecasts a return to profit A look at the major movers on the London market on Wednesday SIG PLC (LON:SHI) has come in from the cold sooner than expected. The insulation specialist said January and February had seen a solid start to the year, with sales volumes then picking up so that March and April traded ahead of expectations.   So it now expects to deliver an underlying profit in the first half, turning round its losses more quickly than expected. It said: "Whilst t...

Proactive news headlines: MBH Corporation, Oncimmune, Eckoh, Coinsilium Group... A glance at some of the days highlights from the Proactive Investors newswire MBH Corporation PLC (FRA:M8H, OTCMKTS:MBHCF) has added another profitable UK taxi business to its transport vertical. Diagnostics specialist Oncimmune Holdings PLC (LON:ONC) said it has agreed to take back the China and Hong Kong rights to its EarlyCDT product portfolio in a deal that gives its strategic options to tap the US capital mar...

IN BRIEF: Redx Pharma hires New York-based chief financial officer Wed, 5th May 2021 16:37 Redx Pharma PLC - Macclesfield, England-based drug discovery and development focused on cancer and fibrosis - Hires Peter Collum as chief financial officer, starting immediately and based in the New York area. Collum joins from Pharnext SA, a clinical biopharmaceutical firm where he has been CFO & chief business officer since July 2019. Prior to Pharnext, Collum spent more than 17 years in healthcare inve...

Tetra Bio-Pharma Inc (TSE:TBP) (OTCMKTS:TBPMF) (FRA:JAM1) expects to generate over C$47.5M from DanCann Pharma distribution deal HighGold Mining Inc (CVE:HIGH) (OTCQX:HGGOF) plans at least 16,000 metres of drilling in Alaska this year as it approves C$10M exploration budget CytoDyn Inc (OTCQB:CYDY) strikes agreement with AEIH in Brazil to run two coronavirus trials using its flagship drug leronlimab 2.39pm: Wall Street opens higher after ADP jobs data The main indices on Wall Street opened on t...