Proactive Investors News

AusCann Group's new chief executive officer Ido Kanyon takes up role

AusCann Group Holdings Ltd's (ASX:AC8) new chief executive officer Ido Kanyon has today started in the new role. Kanyon’s appointment was announced in February following a comprehensive international executive search conducted by the board. With more than 15 years of experience in the pharmaceutical and medical device business across the life-sciences value chain, Kanyon has successfully launched innovative medicines globally covering a range of commercial strategies from digital health solutions to innovative biologics. >>>

Marks & Spencer finals to fix FTSE 100 future

Marks and Spencer Group PLC (LON:MKS) on Wednesday will publish results that could determine whether it remains a FTSE 100 company. The full-year numbers are the high street retailer’s first since agreeing to buy half of Ocado Group plc’s (LON:OCDO) retail business for a hefty £750mln price, for which M&S said it would need a £600mln rights issue and a dividend cut. READ: M&S plans big rights issue and divi cut to fund online grocery joint venture with Ocado As a result, not only are pre-tax profits expected to fall by more than 10% to around £520mln, but the final dividend has been “reset” by 40%, meaning the final payout will be 7.1p. >>>

Oriole Resources looking forward to expanding its footprint in Cameroon

Oriole Resources PLC's (LON:ORR) Tim Livesey talks Proactive London through the final results from phase 1 trenching at the Bibemi project in Cameroon. Oriole intercepted nine metres grading 3.14 grams per tonne gold on the central Bakassi zone. Meanwhile at the earlier-stage Wapouzé project, Phase 1 infill soil sampling has recently been completed and results for 639 soil samples and 123 rock-chip samples are expected later this quarter.

Sound Energy pushes ahead in East Morocco

  Sound Energy PLC (LON:SOU) operates in Morocco at Tendrara and Sidi Moktar The group is in the middle of a three well programme to explore the A1 prospect, close to the original Tendrara discovery The company is currently planning to spud the third well in the programme, TE-11 Sound has just received a proposal for a gas sales agreement from Morocco’s state power group for the TE-5 discovery Talks are ongoing for a final agreement, which will trigger a development decision at TE-5   What it does East Morocco is the primary focus for Sound. >>>

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Investors are taking a gamble on the Thomas Cook share price: here’s what I’d do

Are Thomas Cook Group plc (LON: TCG) shares heading for zero, or is this a buy for the brave?

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Why I like the ‘back to basics’ business model at Greencore Group plc (LON:GNC).

After bad news from Ryanair, is the easyJet share price a buy?

Ryanair Holdings plc (LON: RYA) suffers a big profit fall, and that makes me want to look closely at easyJet plc (LON: EZJ) shares.