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Charles Taylor warns on 2017 earnings, announces acquisition
Charles Taylor announced the acquisition of a closed book of life assurances from Zurich International for up to £4m, as it said 2017 earnings are now expected to be below market views.
Turkish government dismisses 15,000 as coup investigation widens
The investigation into the attempted coup in Turkey earlier this year has intensified, with another 15,000 civil servants, military officials and police officers losing their jobs.
James Fisher wins £35m China contract; sees FY in line
Marine services company James Fisher and Sons said full year earnings would be in line with expectations as it announced a new £35m diving contract with a Chinese company.
Volkswagen outlines new strategy, to expand electric car offering
Volkswagen outlined details of its strategy for the next decade as it looks to boost profitability and broaden its electrical vehicles offering.
Brent futures continue advance as OPEC delegate says deal likely
Crude oil prices continued to gain altitude at a fast clip, helped by the continued positive news-flow surrounding a two-day technical meeting between delegates from the Organisation of the Petroleum Exporting Countries.
Lavendon Group soars as it rejects £348m takeover
Shares in Lavendon Group soared nearly 40% on Tuesday as the AIM-listed rental company rejected a £348m offer from Belgian industrial equipment supplier TVH Group.
Telecom Plus sees return to faster organic growth as energy prices rise
Interim revenues fell slightly at Telecom Plus, but profits were up as the utility company remains confident energy prices will rise to offset the decline.
Hammerson raises £400m in private placing
Retail property developer Hammerson said it had raised £400m in a private placement transaction with 11 institutional investors from both the US and the UK.
Entertainment One on track to meet targets, finance chief steps down
Entertainment One reported growth across all divisions in the first half, with a cut in profits attributable to increased investment, although its finance director had decided to step down with immediate effect.
Spectris' sales rise but low demand affects Europe, North America
Spectris, a supplier of precision instrumentation and controls, reported like-for-like sales in the third quarter continued to be affected by headwinds in Europe and North America from weak demand and low oil prices.
Numis cuts Essentra to 'add' after profit warning
Numis downgraded its stance on Essentra to ‘add’ from ‘buy’ and cut the price target to 470p following the company’s profit warning on Monday.
Totally wins £60,000 occupational health contract
Totally, a provider of out-of-hospital services, has won a £60,000 occupational health contract from three police forces.
Richard Branson funding secretive campaign to call a halt to Brexit
Virgin Group owner Richard Branson is reportedly funding a group set up by former Labour health minister Alan Milburn which is aiming to fight against Brexit.
Morrisons revives convenience interest with 10-store petrol station trial
Just over a year after it sold its convenience store estate, Morrison Supermarkets has launched a 10-store convenience store pilot in a chain of petrol stations and revived the Safeway brand as a wholesale food brand for independent convenience retailers.
Mitchells & Butlers FY profit and sales decline
Pub group Mitchells & Butlers posted a drop in pre-tax profit for the 52 weeks ended 24 September as like-for-like sales fell and total revenue declined.
Spirax organic growth slows; sees FY results in line with expectations
Engineering group Spirax Sarco said organic sales growth in the first 10 months slowed “modestly” from that achieved in the first half of the year mainly due to the non-repeat of large projects in its steam specialties business.
Big Yellow Group sees 1H revenues grow but cautions on outlook
Self-storage company Big Yellow Group’s interim revenues and capacity grew, while it said it would face future challenges with a mixture of “caution and confidence” due to the current uncertain economic climate after the referendum vote.
Assura posts first-half profit, secures cheaper debt facility
Primary care property investor and developer Assura reported a jump in first-half profit and announced a new cheaper debt facility.
Solid State reports drop in first-half revenues, cites Brexit impact
Solid State saw its topline shrink in the first half of its financial year, with management saying that the uncertainty following Brexit impacted on clients´ buying patterns.