Latest News
AVEVA makes 'strong' start to financial year
Engineering data and design IT system supplier AVEVA Group described a “solid start” to the financial year on Friday, as investors gathered for the company’s annual general meeting.
Worldstores acquisition helps lift Dunelm in Q4
Homewares retailer Dunelm saw total revenue in irs fourth quarter rise 17. 7% to £240m, it reported in its year-end trading update on Friday, with total revenue excluding Worldstores improving 6. 7% to £217. 4m.
Friday newspaper round-up: Brexit brakes, 'lame' May, flat oil, Centrica
David Davis will be confronted by business leaders on Friday demanding an indefinite delay in Britain’s departure from the Single Market and the Customs Union. The Brexit Secretary has invited some of Britain’s most senior executives to his grace-and-favour residence at Chevening in Kent for an informal summit. - Telegraph.
Ultra Electronics agrees £180m Sparton acquisition
Defence, security, transport and energy company Ultra Electronics entered into a conditional merger agreement to acquire New York Stock Exchange-listed Sparton for $23. 50 per Sparton share in cash, valuing Sparton's total equity at approximately $234. 8m (£180. 6m), it announced on Friday morning.
London pre-open: US non-farm payrolls data in focus
Stocks were being called to begin the session with slight losses ahead of the release of the all-important monthly US jobs report.
Howdens Joinery nabs Kingfisher's Screwfix boss as CEO retires
Howden Joinery Group has poached Screwfix boss Andrew Livingston from larger rival Kingfisher to fill the hole left as chief executive Matthew Ingle announced his retirement after 22 years after founding the company.
US close: Markets finish lower amid key economic releases
Shares on Wall Street finished lower on Thursday, amid generally positive readings on the economy and a further move higher in Treasury yields.