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Starcom to appeal after court finds in favour of former lender
Starcom has launched an appeal after a court in Israel found in favour of a £1m claim filed almost two years ago.
SWP Group to delist and go private
SWP Group announced on Monday that it was proposing cancellation of the admission of its ordinary shares to trading on AIM.
Raymond James initiates coverage of Petrofac, Wood Group
Raymond James initiated coverage of Wood Group at ‘outperform’ with a 900p price target.
Trump campaign reiterates claims that US election is fixed
US Republican presidential candidate Donald Trump has intensified allegations that the upcoming election is being rigged in favour of his opponent Hillary Clinton, as he slips further behind the Democrat in a variety of polls.
Numis raises Ashmore's rating to 'reduce' from 'sell'
Numis has raised its rating on Ashmore Group to ‘reduce’ from ‘sell’, citing long-term prospects and foreign exchange (FX) tailwinds.
Tristel's turnover increases as it continues North American expansion plan
AIM-listed Tristel, a manufacturer of infection prevention products, increased turnover while it continues to expand globally, particularly in North America.
Orosur Mining reduces costs and boosts profit in first quarter
South America-focused gold producer, developer and explorer Orosur Mining announced its results for its 2017 first quarter to 31 August on Monday.
Morgan Stanley downgrades Debenhams on pension deficit woes
Morgan Stanley downgraded Debenhams to ‘equalweight’ from ‘overweight’ and cut the price target to 70p from 95p on pension deficit concerns.
Europe open: Stocks waver as investors mull Yellen comments
European stocks wavered in early trade as investors mulled over Federal Reserve chair Janet Yellen’s comments last Friday, ahead of this week’s European Central Bank rate announcement.
Retailers adjust to slip in high street footfall, BRC-Springboard says
Numbers of UK shoppers pounding the pavements declined again last month, with shopping centres the worst hit.
London open: Stocks lower as Gilt yields hit post-Brexit high
Stocks started the session moving lower as the yield on the benchmark 10-year Gilt set another post-Brexit high.
Utilitywise awarded Internet of Things contract by Asda
Utility management consultancy Utilitywise has been selected by Walmart’s Asda as its chosen supplier of Internet of Things building solutions.
600 Group buys Spain's Kondia tools business for cut price
600 Group, a distributor of machine tools and industrial laser systems, has acquired the tools business of Spain’s largest manufacturer of milling machines from the administrators for €50,000.
Marlowe buys Hentland for up to £7.6m
Support services group Marlowe has acquired Hentland for a total enterprise value of up to £7. 6m on a cash and debt free basis in a deal that immediately enhances earnings.
BoE´s Broadbent unconcerned by prospect of inflation somewhat above target
Inflation would probably rise somewhat above Bank´s inflation target over the next few years, but the pound´s flexibility was an important shock-absorber for the economy, a top Bank of England official said.
Cohort secures nine-year contract extension worth £12m
AIM-listed technology group Cohort said on Monday that its subsidiary, MASS, has been awarded a nine-year extension to its managed IT service contract for the Sentry Whole Life Support Programme (WLSP) at RAF Waddington worth around £12m.
Biffa raises £262m in IPO after cutting offer price
Waste disposal company Biffa has cut the price of its London flotation as it returns to the market after eight years.
Robert Walters posts rise in Q3 net fee income
Recruiter Robert Walters reported a rise in net fee income for the third quarter to the end of September.
Unite Group obtains planning consent for new development in Liverpool
Unite secured planning consent for a development site in the centre of Liverpool in under six months since acquisition, cementing its presence in the market for student accomodation in that city.
SSE could pay special dividend after selling gas stake to Abu Dhabi
Scottish energy company SSE has agreed to sell a stake in Scotia Gas Networks to subsidiaries of the Abu Dhabi Investment Authority for £621m.