Medical technology minnow Surgical Innovations (SUN:AIM) warns delays in the supply of products for its Elemental Healthcare arm will swipe £1.25m from the top line this year. This means profit before tax growth will merely be 'modest' this year, disappointing news that sends shares in the Leeds-based business 13.7% lower to 3.15p.Surgical Innovations designs and makes innovative medical...

A relatively tempered response from North Korea to US president Donald Trump's decision to cancel a planned summit helped restore a measure of calm to the markets with the FTSE 100 rising 0.4% to 7,749.70.The biggest faller on the index is postal firm Royal Mail (RMG), down 4.2% to 522.6p, as investment bank Berenberg cuts its recommendation from 'hold' to 'sell' with a 460p price...

Med tech Surgical Innovations (SUN:AIM) is to acquire medical products distributor Elemental Healthcare for £9.3m in a bid to enhance earnings and provide a direct route to the UK market.Co-founder David Marsh and managing director Adam Power from Elemental will become significant shareholders once the acquisition is completed. In the last 12 months Surgical Innovations is up more than 100%...

Leeds-based Surgical Innovations (SUN:AIM) is in an interesting phase of its development as it continues to move forward from a series of profit warnings last year.Keyhole solutionsThe company designs and manufactures solutions for minimally invasive surgery, also known as keyhole surgery. These procedures can reduce scarring and decrease recovery times in hospital. The instrumentation...

Fears over another bad day on the UK stock market have been scotched after the FTSE 100 got off to a quiet start. It slipped back 46 points, or 0.7%, to 6,092 amid efforts by Chancellor George Osborne to maintain a sense of calm following last week's Brexit vote.Osborne says there won't be an emergency budget and insists the UK economy is 'fundamentally strong'. Sterling fell a further 2%...

London shares nudge modestly higher in early trade on Monday in a week shortened by the upcoming Easter break. Miners are the main drain on progress nut a mixed bag of pharma and supermarket stocks provide enough upward momentum to lift the FTSE 100 index around 13 point higher, or 0.2%, to 6,202.Gas meter installer and operator Smart Metering Systems (SMS:AIM) gains 2.3% to 400p as full-year...

Expectations of new product launches and a distribution agreement in the US sends minimally invasive medical tool maker Surgical Innovations (SUN:AIM) 10% higher to 1.6p.Alongside the upbeat outlook the market welcomes news ofpre-tax losses shrinking by almost £8 million in 2015.The Leeds-based company appears to be turning a corner after several profit warnings, losses and the chief...

The market is off to a quiet start ahead of George Osborne's Budget announcement at lunchtime. The FTSE nudges ahead 24 points to 6,163.The biggest corporate news is the recommended all-share merger between London Stock Exchange (LSE) and Deutsche Borse. It is called a merger of equals but LSE shareholders will only hold 45.6% of the combined business and the two parties haven't yet agreed a...

London shares lose their head of steam quickly in early trade on Thursday, coming back from initial 40-odd point gains to hover barely better than flat. The FTSE 100 index nudges around 7 points higher, or a rough 0.14% gain, to 5,681, failing to bounce from near three-year lows. This offers little respite to investors after a torrid session of deep losses on Wednesday.In corporate news,...

UK stocks decline in early trade on Friday as crude prices continue to slide, sending oil producers into the red. Industry giants Royal Dutch Shell (RDSB) and BP (BP.) are among the major drags on the blue chip fallers as Brent crude drops 0.1% to $39.68 per barrel and West Texas Intermediate loses 0.2% to $36.68 per barrel. The carnage also sparks a 7.7% slump at Premier Oil (PMO), among the...

The FTSE 100 trades almost 0.9% lower in early trading at 6,380 points. The index has been hit by disappointing earnings from some of its largest constituents. One such company is Barclays (BARC) where shares trade 4.9% lower at 240.6p as third quarter adjusted pre-tax profits fell 10.2% year-on-year to £1.4 billion. Fines for rigging the foreign exchange rate and US mortgage mis-selling...

Struggling keyhole surgery tool-maker Surgical Innovations (SUN:AIM) is one of AIM's largest fallers in early trading on conformation that the effects of the company's restructuring will not be felt until 2017.Shares fell 8% to 1.3p despite the Leeds-based outfit's pre-tax losses narrowing to £1.9 million in the six months to 30 June from £3.2 million a year earlier. Revenues improved to...

A string of strong corporate announcements excite investors in early trade on Wednesday, powering UK share prices higher. The benchmark FTSE 100 index rallies more than a 100 points, or about 1.8%, back over the 6,000 barrier to 6,016, while midcaps and smaller companies are also in demand. The strong start to the day's trading matches a fairly robust performance on Wall Street and across...

London markets slump into the red in early trade on Tuesday on concerns about Greece and bond market volatility, while blue chip budget airline Easyjet (EZJ) disappoints with its full-year outlook. The benchmark FTSE 100 index tumbles roughly 90 points, or 1.2%, plunging back below the important 7,000 mark to 6,941, ahead of data that is expected to show UK industrial production growth slowing...

Could there be a bidding war for Domino's Printing Sciences (DNO)? The market clearly believes so, as the shares at 954p are trading significantly higher than the 915p per share offer that's just been tabled by Brother Industries. Fellow inkjet printing specialist Xaar (XAR) is up 6.1% at 388p amid talk that it could be among other companies in the same sector ripe for a takeover.Small cap...

UK stocks are on the front foot for the fourth day running on Tuesday as a string of disappointing economic data from Asia prompts stimulus calls. The FTSE 100 rallies 30 points, or 0.4%, at 6,702 in early deals. It has not closed above this level since 24 September when it settled at 6,706.27.Royal Mail (RMG) heads the blue-chip leader board in early trade, the stock 17.5p higher, or 3.7%, at...

UK stocks are trading modestly lower in early trade Wednesday as investors pause for breath following a surge the previous session. The FTSE 100 is trading 11 points lower at 6,361 in early deals, with British American Tobacco (BATS) leading the Footise fallers.The tobacco giant warns that revenue growth slowed in the third quarter as depressed consumer income met large tax-driven price rises,...

Minimally invasive medical tool-maker Surgical Innovations (SUN:AIM) is one of the largest fallers in London dropping 28.4% to 3.1p.Revenues and profits for the year will be 'significantly' below expectations, the Leeds-based company says in an update. Further details are expected in its interim results, due on Thursday (25 Sept).The blame has been mainly laid at the door of its US network,...

London is back in positive territory after last night's historic 55% to 45% victory for the 'better together' campaign on Scottish independence. The FTSE 100 adds 53 points in early trading to 6,873.Online takeaway food ordering system Just Eat (JE.) edges 2.95p higher to 292.95p after merging Brazilian business RestauranteWeb with local player iFood to form IF-JE, a joint venture creating...

Lloyds Banking (LLOY) falls 1.4% to 79p after pricingthe initial public offering (IPO) of its retail bank TSB at between 220p and 290p, which could see it sold at 30% below book value. The bank could be worth £1.2 billion when final pricing is decided on June 20.Foods-to-fashion giant Associated British Foods (ABF) adds 4p at £30.31 on reports its fast-growing discount fashion chain Primark...