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Unilever to conduct review after Kraft Heinz offer rejection
Consumer goods giant Unilever said it is conducting a comprehensive review of options available “to accelerate delivery of value" for the benefit of its shareholders, just days after it rejected an offer from US rival Kraft Heinz.
Savannah Resources raises £2.24m at 5.25p a share
Savannah Resources' shares are down 8% after it raised roughly £2. 24m, before expenses, from both new and existing investors.
OneView Group wins key contract with Discount Tire Corp
Shares in OneView Group surged by almost two-thirds as it won a multi-million dollar annual cloud-based hosting deal with Discount Tire Corp, the world's largest independent tyre and wheel retailer.
Globalworth Real Estate Investments to buy Romanian car warehouse for €42.5m
AIM-listed Globalworth Real Estate Investments is to buy an automobile warehouse in Romania for about €42. 5m (£35. 9m), subject to regulatory approval.
FTSE 100 movers: Lloyds leads the way; miners down in the dumps
Fat profits from Lloyds Bank provided most of the meat for the Footsie on Wednesday as investors feasted on the first good news from the sector in some time.
Broker tips: Lloyds Bank, IMI, Fever-Tree, InterContinental Hotels
Lloyds Banking Group's capital and dividend strength is a “key attraction” for investors, said broker RBC Capital Markets after the bank brightened the sector with full year pre-tax profits of £4bn.
Kromek wins $3.1m contract with US homeland security specialist
Shares in Kromek are up almost 4% after it won a five-year contract -- worth a minimum of $3. 1m over the period -- with an existing US-based customer that is an emerging leader and global company in the homeland security marketplace.
CORETX establishes new facility as it scales up operations
Mid-market network, cloud and IT managed services provider CORETX Holdings announced that it was establishing a new facility on Wednesday, to enhance its full ‘IT Lifecycle’ services which cover the deployment and secure management of new generation end user devices, in line with its strategy to meet customer demand for a broader range of IT managed services.
NetScientific investment launches biopsy system
Healthcare intellectual property commercialisation group NetScientific announced on Wednesday that its portfolio company, Vortex Biosciences, had begun the commercial launch of the VTX1 Liquid Biopsy System.
Christmas brings sweet numbers for Hotel Chocolat
Premium chocolatier and retailer Hotel Chocolat Group announced its interim results for the 26 weeks to 25 December on Wednesday, with proforma revenue up 12% to £62. 5m and reported revenue up 14% to £62. 5m.
Cairn Homes in North Dublin investment agreement with NAMA
Cairn Homes has completed an investment agreement, in which the National Asset Management Agency (NAMA) has a minority interest, to form a joint venture to build 71 residential units on a site adjoining its Parkside development in North Dublin.
Beowulf starts graphite drilling programme in Finland
Nordic-focussed mineral exploration and development company Beowulf Mining announced on Wednesday that drilling had started at its Aitolampi graphite prospect in Finland, part of its 100% owned exploration permit Pitkäjärvi 1.
Pan African posts solid half-year despite lower gold production
Pan African Resources posted its results for the six months to 31 December on Wednesday, with the group’s profit after taxation in rand terms increasing by 9. 8% to ZAR 249. 8m, while in sterling terms, it was up 28. 4% to £14m.
Asia report: Most markets higher after bumper US session
Most markets in Asia finished green on Wednesday, following a bumper Tuesday session on Wall Street overnight, with investors still looking for direction from the Trump administration on banking deregulation and tax reform.
London midday: Stocks nudge up as Lloyds impresses, GDP revised higher
Stocks in London were a smidgen higher at midday following solid earnings from Lloyds Banking Group and news that the UK economy grew slightly faster than expected in the final quarter of last year.
Europe midday: Stocks little changed as investors mull inflation data
European equity markets were little changed on Wednesday as investors digested news that the eurozone has escaped deflation, while the euro weakened.
Verona Pharma updates on RPL554 clinical trial
Verona Pharma's shares are up more than 1% after it confirmed the first patient had been dosed in its Phase 2a clinical trial evaluating RPL554 in the treatment of chronic obstructive pulmonary disease (COPD).
Macron's lead over Le pen widens slightly
French independent candidate Emmanuel Macron´s backing among voters ticked higher on Wednesday, as that for his Socialist contender Benoit Hamon slipped.
Lloyds Bank FY pre-tax profits soar to £4.2bn; pays special divi
Lloyds Bank more than doubled full year pre-tax profits to £4. 2bn from £1. 6bn in 2015 as it announced a special 0. 5p-a-share dividend.
Serco FY pre-tax profit up, trading profit down
FTSE 250 outsourcer Serco reported a drop in trading profit for the year to the end of December as revenue declined, but it swung to a pre-tax profit and reiterated its guidance for 2017.