Here are some stocks that could move the market this Friday morning.
Noble Group on Thursday says it “does not agree” with S&P Global Ratings’ downgrade of Noble’s credit rating to B+ from BB-, with a negative outlook. “Given the company’s recent announcements of a US$500 million ($676 million) rights Issue, the future sale of Noble Americas Energy Solutions business, as well as other capital initiatives and cost-cutting measures, the company does not agree with S&P's assessment that its liquidity has weakened,” Noble said in a statement. Noble closed 2.2% lower at 22.5 cents on Thursday.
Oil and gas engineering firm NauticAWT said it will place out 15 million new shares at 17.4 cents each to raise $2.6 million. The shares will be issued to Harps Holdings, a private investment company with marine interests focused on the African market. NauticAWT shares closed at 15 cents on Thursday.
GLH Hotels Management (UK), a subsidiary of GL Limited, is developing a new Hard Rock Hotel London with hotel and casino chain Hard Rock International. To be completed in 2018, the 900-room hotel will be situated at Marble Arch on Hyde Park, at the crossroads of the iconic Oxford Street and Park Lane. GL shares closed at 86 cents.
Trendlines Group says associated company ET View Medical is in talks with a potential buyer for US$16 million ($21.58 million). The Israeli incubator of tech start-ups in the medical and agricultural fields said ETView will be delisted from the Tel Aviv Stock Exchange (TASE) should the deal follow through.
Secura Group’s subsidiary Soverus Technology has agreed to acquire a 100% stake in Red Sentry Consultancy, the provider of cyber-security solutions, secure cloud solutions, and enterprise security and compliance solutions for $2.7 million. For the financial year ended March, Red Sentry posted a net profit after tax of $292,000. Secura closed 1.7% lower at 17 cents.
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Noble Group on Thursday says it “does not agree” with S&P Global Ratings’ downgrade of Noble’s credit rating to B+ from BB-, with a negative outlook. “Given the company’s recent announcements of a US$500 million ($676 million) rights Issue, the future sale of Noble Americas Energy Solutions business, as well as other capital initiatives and cost-cutting measures, the company does not agree with S&P's assessment that its liquidity has weakened,” Noble said in a statement. Noble closed 2.2% lower at 22.5 cents on Thursday.
Oil and gas engineering firm NauticAWT said it will place out 15 million new shares at 17.4 cents each to raise $2.6 million. The shares will be issued to Harps Holdings, a private investment company with marine interests focused on the African market. NauticAWT shares closed at 15 cents on Thursday.
GLH Hotels Management (UK), a subsidiary of GL Limited, is developing a new Hard Rock Hotel London with hotel and casino chain Hard Rock International. To be completed in 2018, the 900-room hotel will be situated at Marble Arch on Hyde Park, at the crossroads of the iconic Oxford Street and Park Lane. GL shares closed at 86 cents.
Trendlines Group says associated company ET View Medical is in talks with a potential buyer for US$16 million ($21.58 million). The Israeli incubator of tech start-ups in the medical and agricultural fields said ETView will be delisted from the Tel Aviv Stock Exchange (TASE) should the deal follow through.
Secura Group’s subsidiary Soverus Technology has agreed to acquire a 100% stake in Red Sentry Consultancy, the provider of cyber-security solutions, secure cloud solutions, and enterprise security and compliance solutions for $2.7 million. For the financial year ended March, Red Sentry posted a net profit after tax of $292,000. Secura closed 1.7% lower at 17 cents.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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