Latest News
Stellar Diamonds conditionally raises c.£183,751 at 5.5p a share in open offer
Stellar Diamonds said it has conditionally raised about £183,751 gross in its open offer at 5. 5p a share.
Halma eyes acquisitions as profits remain on target
Health and safety technology group Halma anticipates that full year pre-tax profit to be in line with expectations as it eyes potential acquisitions.
National Grid gas network sale to close in 'next few weeks'
Infrastructure investor International Public Partnership expects to its investment in the National Grid’s gas distribution network to be completed in the next few weeks.
Finalising Kibo Mining's coal project slower than expected
AIM-listed Kibo Mining’s progress on the finalising its coal project in Tanzania has been slower than expected, although the mineral explorer remains satisfied overall with meeting its strategic objectives.
London open: Stocks nudge lower ahead of retail sales data
London stocks nudged a little lower in early trade as investors eyed the release of UK retail sales data, amid ongoing worries about Donald Trump’s economic plans.
Vela Technologies looks to participate in proposed BTL Group fundraising
Vela Technologies said it is looking to subscribe for 50,000 equity units, equating to about C$135,000, in BTL Group's proposed fundraising.
Deutsche upgrades Tesco, downgrades Sainsbury
Tesco got a boost on Thursday as Deutsche Bank upgraded the stock to ‘buy’ from ‘hold’ and lifted the price target to 240p from 230p.
Renewables Group in £50m placing; talks on new UK projects
The Renewables Infrastructure Group (TRIG) said it planned to raise £50m through a share issue to fund new project acquisitions.
Electra sells remaining stake in Allflex for £70.3m
Electra Private Equity said it had sold its remaining stake in Allflex Corporation to an existing shareholder for £70. 3m.
GVC earnings surge after integration of bwin.party
Sports betting and gaming group and owner of the 'Foxy Bingo' brand GVC Holdings announced its audited results for the year to 31 December on Thursday, with pro forma sports wagers up 4% to €4. 55bn, or up 7% at constant currencies.
CLS Holdings to sell office campus in Germany for €30m
Property investor CLS Holdings is to sell the E. On Alle office campus in Germany for €30. 2m to European Commercial Real Estate.
Kier Group earnings rise as chairman steps down
Property, residential, construction and services company Kier Group posted its results for the six months to 31 December on Thursday, with revenue falling 1% to £2bn on an underlying basis.
LondonMetric in £97m placing to fund new deals
LondonMetric Property unveiled a £97m placing on Thursday to fund the acquisition of “last mile" assets, along with a series of warehouse deals that the cash will be spent on.
Hansteen cash offer for IMPT declared unconditional
Hansteen’s cash offer for Industrial Multi Property Trust was declared unconditional in all respects on Thursday morning, as the company confirmed it had received valid acceptances for 29. 73% of IMPT’s issued share capital, and acquired and settled 21. 83% of the trust’s issued shares.
ConvaTec launches skin-protecting incontinence wipes in US
Medical technology firm ConvaTec has launched its skin protectant incontinence wipes in the US.
Crest Nicholson says trading remains robust
Housebuilder Crest Nicholson said on Thursday that the trading environment has remained robust, with good sales across its areas of operation.
London pre-open: Stocks seen touch higher but Trump worries remain
London stocks were set for a slightly firmer open on Thursday following a steady session in the US, although worries about Donald Trump’s economic agenda remained.
Thursday newspaper round-up: Retirement, Centrica boss, energy prices
Millions of people in their late 30s and early 40s look set to have to work for an extra year after an official review recommended pushing up the state pension age (SPA) more quickly than previously planned. The independent report said the SPA should rise to 68 by 2039 instead of 2046. It also recommended that the state pension “triple lock” is withdrawn in the next parliament. – Guardian.