The FTSE 100 is down this morning, undoing yesterday’s gains.

Ocado is reporting flat revenue and a loss for 2022 of £500mln, news which has knocked nearly 10% of its share price this morning.

Investment group Abrdn says its agreed to sell its discretionary fund management arm to LGT, a private banking group owned by the Liechtenstein royal family, for £140mln. The sale involves the transfer of some £6.1bn worth of assets.

Travis Perkins reported a fall in operating profits despite a 9% uptick in revenue. The builder’s merchant put this down to lower property profit and higher restructuring charges.

Elsewhere, earnings at aquaculture biotechnology company Benchmark Holdings grew by 61% in its first quarter - the group says the outlook for the full year is encouraging.

That’s all for this morning, today’s report was written by Jai Singh and presented by me, Thomas Warner.

#ProactiveInvestors #ftse100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

SPENN Technology A/S (OTCQB:SPENN) CEO Jens Glaso speaks to Proactive's Thomas Warner about what the work he's doing to solve "the biggest problem within financial inclusion".

Glaso explains what exactly the fintech company is working on, and looks ahead to what investors can expect from it in the future.

#ProactiveInvestors #spenn #fintech #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Panthera Resources PLC (AIM:PAT) managing director Mark Bolton speaks to Proactive's Thomas Warner after announcing a conditional arbitration funding agreement for up to US$10.5 million in litigation financing with LCM Funding.

Bolton says that his role at Panthera is to help resolve the "regulatory issues" the company has encountered in India and "extract maximum value for shareholders".

#ProactiveInvestors #PAT #Panthera #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Guild Esports PLC (LSE:GILD, OTCQB:GULDF) CEO Jasmine Skee speaks to Proactive's Thomas Warner after announcing the launch of Guild Studios, an in-house production and creative agency designed to connect brands and media owners with esports, gaming, Gen-Z and Gen-Alpha audiences.

Skee also gives an update on some recent staffing changes at Guild and looks ahead to what's next for the company.

#ProactiveInvestors #GILD #GULDF #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Your weekly Proactive Crypto Roundup is back!

This week Natalie Stoberman and William Farrington talk about:

🟠 How Bitcoin's weekly momentum is correlated to a strong U.S. Dollar

🟠 Did this week's FOMC minutes have an effect on the crypto market?

🟠 Optimism rallies as a top Layer 2 project, with Coinbase joining the Layer 2 race

🟠 How Tether could be CONSOLIDATING the stablecoin market after the SEC's Binance $BUSD stablecoin ban

Make sure to like, subscribe and get notified for daily crypto reports and to get a front row to the Proactive Crypto Roundup every Friday!

#proactiveinvestors #cryptoroundup #cryptoreport #cryptoupdate #cryptocurrency #bitcoin #bitcointoday #bitcoinnews #bitcoinanalysis #ethereum #ethereumeth #polygoncrypto #polygonmatic #matictoken #sec #secvscrypto #cryptostaking #stablecoin #binance #binancebusd #coinbase #coinbaseexchange #cryptoinvesting #cryptoinvestor #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Pantheon International PLC (LSE:PIN) Senior Manager Helen Steers speaks to Proactive's Thomas Warner after publishing the investment trust's interim results.

Steers says that Pantheon International is "very well prepared for what may come in the next part of the year", highlighting its continued NAV growth.

She adds that she believes "excessive concerns" over private equity are to blame for the less buoyant performance of the trust's share price.

#ProactiveInvestors #PIN #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

DroneShield Ltd CEO Oleg Vomik sits down with Proactive's Tom Warner to discuss the company's record revenue year. DroneShield, the ASX's only drone defence company has reported a revenue increase by approximately 60% to $16.9 million backed by two recent $11 million orders from separate government customers with further record sized orders expected. DRO has also significantly narrowed its net loss by 82%, to $949,000. The company's technology is expected to be rolled out across US bases following a Department of Defense recommendation.

#proactiveinvestors #DroneShield #ASX #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Latrobe Magnesium Ltd (ASX:LMG) CEO, David Paterson presents at the Proactive One2One Investor Forum - February 23rd 2023

Latrobe is developing a 1,000 tonnes per annum plant to produce magnesium from the waste products of coal-fired power plants using a proprietary hydromet technology.

The initial focus is on waste from the Yallourn Power Station in the Latrobe Valley of Victoria's Gippsland region and the company has put in place plans to expand the plant to 10,000 tonnes.

#ProactiveInvestors #LatrobeMagnesium #asx #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Incannex Healthcare Ltd (ASX:IHL, NASDAQ:IXHL) CEO Joel Latham tells Proactive the company has begun a Phase 2 clinical trial, testing the safety and efficacy of its IHL-657A drug candidate in patients with rheumatoid arthritis. Research firm Avance Clinical will manage the trial across up to 10 sites in Australia and New Zealand, overseeing responses from 120 participants as they evaluate how IHL-657A treats patient pain and function over 24 weeks.

#ProactiveInvestors #IncannexHealthcare #asx #Nasdaq #ClinicalTrials #rheumatoidarthritis

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Helix Resources Ltd (ASX:HLX) MD Mike Rosenstreich tells Proactive the company is ready to spin out its nickel and cobalt interests in the prolific Cobar Basin of NSW into a special-purpose vehicle aimed at maximising value for shareholders. The new venture — Ionick Metals Ltd — has executed a 12-month option agreement with Jodama Pty Ltd, which can pick up vendor and performance shares in a future Ionick IPO in exchange for three exploration licences.

#ProactiveInvestors #HelixResources #asx #nickel #cobalt #Cobar #IonickMetals

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