Latest News
EVR Holdings to create virtual reality content for Warner Music
Shares soared in EVR Holdings as it announced that will produce virtual reality content for Warner Music, the world’s third largest records company, which will also subscribe for 43. 2m shares.
ZCCM wins default judgement in dispute with Konkola Copper
ZCCM Investment Holdings updated the market on Thursday on its claim, filed with the English High Court, to recover outstanding sums in excess of $100m due to it from Konkola Copper Mines pursuant to the terms of the settlement agreement entered into in 2013.
UK tourism numbers drop but trips abroad jump, ONS says
Tourist and business traveller numbers to the UK fell 5% in October, according to official figures released on Thursday, with spending falling by 8%.
GfK consumer sentiment improves in December but outlook deteriorates
Consumer confidence in the UK improved a touch in December, but the public are much less confident when it comes to their expectations for next year.
HSS Hire announces £13m share placing
HSS Hire has conditionally placed just over 15. 4m shares at 83. 875p with certain existing institutional investors to raise about £13m before expenses to strengthen its balance sheet.
Ocado's shares fall as Goldman cuts target price
Ocado Group’s shares fell as Goldman Sachs reiterated a ‘buy’ rating but cut its target price to 440p from 450p.
MP Evans welcomes shareholder rejection of KLK as offer lapses
Indonesian palm oil plantation owner MP Evans has confirmed that the 740p per share offer made by Kuala Lumpur Kepong Berhad lapsed on Wednesday after it failed to secure enough support from the company's shareholders.
Credit Suisse downgrades Sky, ups price target on 21st Century deal
Credit Suisse downgraded broadcaster Sky to ‘neutral’ from ‘outperform’ but lifted its price target on the stock to 1,075p from 980p to bring it into line with the offer from 21st Century Fox.
Tungsten completes £30m sale of its bank to Wyelands
Tungsten Corporation, an e-invoicing network, completed the sale of its bank to Liberty house tycoon Sanjeev Gupta's Wyelands Holdings for close to £30m.
British car manufacturing output vrooms to highest level since 1999
UK car manufacturing output in the year to November accelerated to its highest level since 1999 as global automotive demand continued to surge.
Europe open: Stocks steady as volumes taper off; Actelion surges
European stocks were little changed in early trade as volumes tapered off ahead of the Christmas break, with the focus still on Italy’s banking sector.
React Group expects loss as it closes subsidiary
Cleaning and decontamination service provider React Group warned it expects to make a loss for the year as it closes its bio-recovery and environmental management subsidiary EPUK after seven months of ownership.
London open: Stocks little changed in quiet trade; US data eyed
Stocks in London were little changed at the open in thin volumes, as investors digested the latest survey on consumer confidence and looked ahead to some US data releases.
Actelion, Johnson & Johnson in exclusive talks
Swiss biotech group Actelion has entered into exclusive negotiations with Johnson & Johnson regarding a possible strategic transaction.
Legal & General appoints EY's Jeff Davies as CFO
Legal & General has poached Ernst & Young senior partner Jeff Davies to be its new chief financial officer.
Electra Private Equity to buy back £92m in shares
Electra Private Equity announced the final results of its tender offer, which was first announced on 8 November, on Thursday, with the offer closing at 1800 GMT on Wednesday.
Inchcape accelerates growth in South America with £234m deal
Car dealer Inchcape has acquired a distribution business focused on Subaru cars and Hino commercial vehicles in South America for £234m cash.
London pre-open: Stocks seen lower as attention turns to US data
Stocks in London were set to open in the red on Thursday, taking their cue from a downbeat session in the US and mixed markets in Asia, as investors eyed a slew of US data releases.
Thursday newspaper round-up: Broadband, car exports, Aquascutum
The government has pledged to give decent broadband speeds to up to 600,000 homes via a new £400m funding pot. The Department for Culture, Media and Sport (DCMS) has freed up the money to help homes and businesses in the “hardest-to-reach” parts of the UK receive broadband speeds considered to be essential to modern life. – Guardian.