Latest News
MasterCard announces agreement to acquire 92.4% of VocaLink Holdings
MasterCard Inc. has agreed to buy a 92. 4% stake of VocaLink Holdings, a company which offers payment processing services for UK payment schemes, for around $920mn (£700mn).
Strategic Minerals accepts settlement offer over Cobre rail works
Diversified mineral development and production company Strategic Minerals announced on Thursday that it has accepted a settlement offer in relation to its claim over rail works for the Cobre Mine in the US.
US existing home sales unexpectedly rise in June
Sales of existing US homes unexpectedly rose in June, according to data from the National Association of Realtors.
Results round-up
Budget airline EasyJet posted a drop in revenue per seat and total revenue for the third quarter amid difficult trading that was hit by the terror attack in Brussels and the Egyptair tragedy.
Mercia portfolio company launches first VR game
Investment company Mercia Technologies announced on Thursday that one of its portfolio companies, nDreams, has successfully launched its first major virtual reality game, The Assembly.
Chemring wins further contract in US
Defence company Chemring has secured a further research and development contract on the Next Generation Chemical Detection Program of Record in the US and has progressed to the prototype phase on all three variants.
Sainsbury's launches same-day delivery in wake of AmazonFresh foray
Sainsbury's is poised to begin trialing a same-day delivery service in London, recruiting for 470 roles as it seeks to raise its game in the wake of Amazon's launch into the grocery sector.
UK banks eye profits from MasterCard's VocaLink takeover
Lloyds Banking and Royal Bank of Scotland could each make at least a £150m profit from MasterCard's proposed £869m acquisition of VocaLink Holdings (VLH), which is majority owned by a consortium of 18 high street banks that also includes Barclays and HSBC.
Tern makes progress with Flexiant debtors
Cloud and mobile sector investment company Tern announced on Thursday that the two business units acquired from Flexiant Limited for £0. 075m are well advanced.
Breedon Aggregates earnings well ahead in first half
Independent aggregates business Breedon Aggregates posted its unaudited interim results for the six months to 30 June on Thursday, with revenue rising 2% over the period to £163m.
Fastjet to raise £19.2m to fund new business plans
Tanzania-based budget airline Fastjet announced a placing and open offer to raise £19. 2m and said it plans to be in a cash-flow break-even position by the end of next year.
FTSE 250 movers: Rough skies for Wizz; AO World looking brighter
Shares in AO World surged on Thursday as the online white goods retailer reported strong growth in first-quarter revenues.
US initial jobless claims unexpectedly drop
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to the Labour Department.
Friday preview: Vodafone reports first quarter trading update
Vodafone reports its first quarter trading update on Friday with analysts expecting a slowdown in organic service revenue growth from the previous three months.
Philly Fed manufacturing index turns negative in July
Manufacturing conditions in the Philadelphia region unexpectedly deteriorated in July, with activity contracting, according to the latest report from the Federal Reserve Bank of Philadelphia.
FTSE 100 movers: easyJet hits turbulence; Ashtead up on US peer news
Travel stocks easyJet, IAG and TUI led the FTSE 100 fallers as Turkey declared a state of emergency. EasyJet also reported a drop in revenue per seat and total revenue for the third quarter amid difficult trading that was hit by the terror attack in Brussels and the EgyptAir tragedy.
Tristel buys Aussie rival Ashmed as it reports 'strong' growth
Hygiene product manufacturer Tristel on Thursday announced it has bought the business and assets of its Australian competitor as the group declared a special dividend after “strong” second half growth.
Asiamet publishes promising results from Beruang Kanan Main
Asiamet Resources announced on Thursday that resource infill and extension drilling being undertaken as part of the feasibility study on the Beruang Kanan Main copper deposit in Central Kalimantan, Indonesia was continuing to intersect high grade copper mineralisation in the southern part of the deposit.
Broker tips: EasyJet, Premier Farnell, Schroders
It was bad day for airlines, with corporate releases from Deutsche Lufthansa and EasyJet giving investors little to get excited about.
Ted Cruz fails to back Donald Trump at Republican convention
Ted Cruz, former rival to Donald Trump for the Republican presidential nomination, angered those at the party's national convention on Wednesday after he refused to endorse the tycoon's campaign to become the US president.