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SRT Marine Systems' shares up on securing contract in Middle East
Shares in SRT Marine Systems are up almost 8% after it confirmed it had entered a contract to deliver a national MDM system for a country in the Middle East.
CMC Markets reports modest rise in H2 revenue as client numbers grow
Spreadbetting company CMC Markets reported a rise in its client numbers on Thursday, as it said it has seen a small increase in second-half revenue.
Lloyd's of London to move jobs to new Brussels office by 2019
Insurance market firm Lloyd's of London will relocate some 100 staff to Brussels in an attempt to maintain its presence in the European Union post-Brexit.
London open: Stocks little changed as investors mull Brexit
London stocks were little changed early on Thursday as investors assessed the implications of Prime Minister Theresa May’s triggering of Article 50 a day before, kicking off divorce proceedings with the European Union.
EU Supply wins contract from existing customer
EU Supply, an e-procurement software provider, has won a contract to upgrade its complete tender management (CTM) platform for an existing customer.
Petra Diamonds to issue $600m in secured notes
Petra Diamonds said it was issuing $600m in secured notes and restructuring its debt facilities.
3i Infrastructure on track after full deployment of cash
3i Infrastructure said its portfolio continues to perform in line with expectations and it remained on track to deliver a full year dividend of 7. 55p per share.
Revenue and earnings flow higher at Polypipe
Plastic piping and ventilation systems manufacturer Polypipe Group announced its audited results for the year to 31 December on Thursday, with revenue rising 23. 8% to £436. 9m.
Barclays initiates Kingfisher as 'underweight' on macro headwinds in UK, France
Analysts at Barclays initiated B&Q and Screwfix owner Kingfisher as ‘underweight’ as it expects macroeconomic headwinds in both Britain and France.
UK to outline details of Brexit repeal bill
The UK government will on Thursday outline plans to remove European Union legislation from the statute book when it publishes a white paper on its Great Repeal Bill.
BofA Merrill Lynch double upgrades Morrison to 'buy'
Bank of America Merrill Lynch upgraded Morrison to ‘buy’ from ‘underperform’ and lifted the price target to 275p from 220p.
International PPL posts solid growth for 2016
International Public Partnerships posted its full-year results for the 12 months to 31 December on Thursday, reporting net asset value growth of 24. 3% to £1. 6bn.
SSE warns over next year's earnings
Energy supplier SSE said on Thursday that it expects operating profit in its networks division to be around £100m lower in 2017/18 than the current year on a like-for-like basis.
RPC Group revenue to be 'significantly ahead' of last year
Plastics company RPC Group anticipates that full year revenue will be “significantly ahead” of last year, due to contributions from acquisitions and organic growth.
Bodycote chairman to retire
Bodycote has started to look for a successor to chairman Alan Thomson after he gave notice of his retirement after a decade at the thermal processing specialist.
Electra sells Treetops Nurseries for £93m
Electra Private Equity said it had agreed to sell child nursery operator Treetops to Busy Bees for £93m.
Tobacco packaging restrictions hit sales at Booker
Amid external pressure on its proposed takeover by Tesco, Booker saw total fourth-quarter sales hit hard by the new tobacco display ban and plain packaging restrictions.
ConvaTec expands insulin manufacturing partnership with Medtronic
Medical technology company ConvaTec has expanded its insulin pump manufacturing partnership with Irish medical device company Medtronic to meet growing demand.
Imperial Brands in-line to hit first-half targets
Tobacco company Imperial Brands said it remained on target to hit first-half targets, with both revenues and earnings set to be up strongly at the reported level thanks to the weak pound.
Diploma H1 revenues boosted by weak pound
Diploma said it expected group first half revenues to be around 20% ahead of the comparable period, boosted by the impact of the “substantial depreciation” in UK sterling.