Latest News
Halma to buy New York-based FluxData for up to $27.5m
Safety, health and environmental technology group Halma announced the acquisition of FluxData Incorporated from private shareholders for up to $27. 5m in cash to be funded from its existing cash and debt facilities.
Arian Silver upbeat after high-grade results at San Celso
Arian Silver Corporation announced high-grade silver results from the recently completed surface sampling and geological mapping of its wholly-owned San Celso project located in central Zacatecas State, Mexico on Monday.
QinetiQ rallies on Berenberg upgrade
QinetiQ Group shares gained on Monday after Berenberg upgraded the defence technology group's stock to ‘hold’ from ‘sell’ and lifted the target price to 275p from 210p.
William Hill profits hit by punter-friendly sports results in December
William Hill has warned that its full-year profits for 2016 will be at the bottom end of its guided range due to unfavourable football and horse racing results in December.
Future saves Team Rock music brands from administration
Publisher Future has acquired the magazines, domain names, events radio licence and websites of Classic Rock, Metal Hammer, Prog, Blues and Golden Gods for £800,000 from administrators FRP Advisory.
Silence Therapeutics buys stake in US-based Arrowhead Parma
Silence Therapeutics, a developer of ribonucleic acid (RNA) treatments, has bought an 8. 4% stake in Nasdaq-listed Arrowowhead Pharmaceuticals for $7. 8m ($9. 6m).
Statpro scores £1.5m contract with South African asset manager
Statpro, an AIM listed provider of cloud-based portfolio analytics and asset pricing services for the global asset management industry, has signed a five-year contract with a global South African asset manager for a minimum value of around £1. 5m.
McDonald's agrees to franchise 80% of its Chinese operations
Fast food giant McDonald's has struck a deal to franchise 80% of its restaurants in China, with state-owned investment firm Citic and US private equity firm Carlyle Group taking control of the stores.
Eco Animal Health gets approval for Aivlosin in Mexico
ECO Animal Health Group announced on Monday that its subsidiary, ECO Animal Health de México, has received a marketing authorisation from the Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Food of the Government of Mexico for the use of Aivlosin 625 mg/g water soluble granules in chickens laying eggs for human consumption.
Restore buys Welsh secure shredding business
Records management company Restore has bought Reisswolf Wales, Border Counties & Merseyside, the secure shredding division of waste recycling business Parry & Evans, for an undisclosed fee.
UK house prices in December rise at fastest pace in nine months, Halifax reveals
UK house prices rose 1. 7% in December compared to a month ago to an average of £222,484, boosted by a continued shortage of properties and record low interest rates.
Safestore hikes dividend as demand for storage remains strong
Safestore upped its dividend by a fifth after a strong financial year in the UK and Paris.
Styles&Wood swallows up GDM in £4m deal
Integrated property services and project delivery company Styles&Wood announced on Monday that it has acquired the entire issued share capital of specialist mechanical, electrical and environmental consultancy services provider, The GDM Group, for an initial consideration of £4m to be satisfied in cash and shares.
Deutsche Bank downgrades Babcock on lack of upside
Deutsche Bank downgraded support services company Babcock International to ‘hold’ from ‘buy’ and cut the price target to 1,020p from 1,100p.
Ashmore slumps as Barclays reiterates 'underweight', slashes price target
Ashmore tumbled on Monday after Barclays reiterated its ‘underweight’ rating on the investment manager and cut its price target to 270p from 325p.
UK manufacturers worry about bigger risks in 2017
More manufacturers expect 2017 to be a year of increased risks and declining economic conditions, according to a survey of the industry.
Europe open: Stocks slip despite positive US cues
European stocks dipped in early trade despite positive cues from the US.
London open: Stocks edge higher as pound hit by May's Brexit comments
London stocks were a little higher in early trade, taking their cue from a strong close in the US at the end of last week and getting some support from a weaker pound, amid worries about a ‘hard Brexit’ following comments from Prime Minister Theresa May.
IG confident French trading laws have no 'material negative impact'
Spread betting provider IG Group does not believe restrictions enforced by the French stock market regulator will have a “material negative impact” in its business in the country.
Deutsche Bank upgrades Barclays, says well placed for 2017 earnings growth
Deutsche Bank upgraded Barclays to ‘buy’ from ‘hold’ and lifted the price target to 270p from 198p, saying the company is well placed for 2017.