Pantheon Resources PLC (AIM:PANR, OTCQX:PTHRF) today saw a key project milestone the promises to help kick-start field development in Alaska, that’s according to stockbroker WH Ireland.
The company, in a statement this morning, unveiled the latest significant estimate of resources in Alaska, with an independent consultant detailing the Ahpun field specifically.
BT Group PLC (LSE:BT.A) is suffering from a dearth of good news, suggests Deutsche Bank, and its new chief executive has done nothing yet to alleviate the mood.
Full-year results are due on 16 May but don’t hold your breath for a reset of the agenda at the telco, is the German bank’s view.
Amazon.com Inc (NASDAQ:AMZN)'s first-quarter results surpassed expectations at investment bank Jefferies.
The e-commerce giant’s net sales and operating income came in 0.5% and 37% above consensus respectively, “largely driven by outperformance at AWS", noted Jefferies analysts, referring to cloud-computing service Amazon Web Services.
Wickes Group PLC (LSE:WIX) is trading well through a tricky market, according to analysts at Peel Hunt.
Volume growth in the retail business has been offset by falls in Design and Installation, and group like-for-like sales in the first 16 weeks were down 4.2%.
Royal Mail owner International Distributions Services PLC (LSE:IDS) can only be regarded as a 'hold' until the situation regarding the universal service obligation (USO) is sorted out, that's according to stockbroker Peel Hunt.
IDS held a seminar yesterday to discuss its response to Ofcom's USO consultation, in which it said that the regulator understands the need for change.
Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD), the US chipmaker in the unenviable position of competing with Nvidia Corp, beat its first-quarter revenue guidance by $100 million, with top-line sales coming in at $5.5 billion.
But this was a disappointing result, if the market’s reaction is anything to go by- AMD shares traded over 6% lower in Wednesday’s pre-market exchanges.
AJ Bell PLC (LSE:AJB), has received a double upgrade from UBS, which sees the wealth platform as well-positioned to convert its strong performance into share price gains once the market and investor sentiment improves.
UBS said the investment group’s ability to win market share despite being in a cyclically challenged environment puts it in good stead.
GSK PLC (LSE:GSK, NYSE:GSK) is approaching 18-month highs after the pharma group's boss Emma Walmsley raised the full-year outlook on the back of strong first-quarter results, with analysts saying performances are starting to allay long-held concerns.
The shares rose 2.2% to £17.10 on Wednesday morning, within touching distance of the £17.25 highs earlier this year but still some way from pandemic highs towards £19 and all-time peaks above £20 in the dotcom era.