Week Ahead: Banking season arrives
It's a heavy week for trading updates, with the banks to the fore
Company
LON:CWR
Ceres Power Holdings PLC is a world-leading developer of electrochemical technologies: fuel cells for power generation, electrolysis for the creation of green hydrogen and energy storage. The company's asset-light, licensing model has seen it establish partnerships with some of the world's largest engineering and technology companies, such Bosch, Doosan, Shell and Weichai, to develop systems and products that address climate change for power generation, transportation, industry, data centres and everyday living.
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It's a heavy week for trading updates, with the banks to the fore
London’s blue chips recorded a triple–digit drop as BP unveiled a huge loss
Ceres will supply a complete fuel cell system for testing by the potential customer.
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A rollercoaster day saw the index open higher but head lower
The British steel industry - what's left of it - received another hammer blow today.
FTSE 100 has dropped back close to a three-year low since the start of the new year
FTSE 100 was 30 points lower at 5,774 with oil stocks again bearing the brunt
Empyrean's exist from a US shale project looks well-timed
The fuel cell technology firm already had a deal in place with Honda, and it's just signed another with fellow Japanese giant Nissan
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The cash shell Silver Falcon has enjoyed a 20% share price rise over the past week backed by some really strong trading volumes.
Investments and investor services
African Potash, Microsaic Systems and Obtala Resources also had news out on Wednesday
FTSE 100 was 21 points higher at 6,416 ahed of the US opening
Fuel cell specialist Ceres Power says the latest version of its steel cell technology will allow it to tap into more of the commercial and residential energy market.
The pressure is on for Tesco, after Sainsbury's surprised to the upside with its results last week.
Tesco and Vedanta catch the eye next week which kicks off with the Conservative party conference.
Long term value creation lies in royalty streams which could amount to hundreds of millions per year