Headline News
Carnival shares dip despite record third quarter, upgraded guidance
Shares in Anglo-American cruise giant Carnival were in the red on Monday afternoon, even after it reported record-breaking financial results for the third quarter, surpassing its earlier guidance and raising its full-year outlook for the third time.
Rightmove tumbles as REA Group abandons pursuit
Rightmove tumbled on Monday after Rupert Murdoch’s Australian property business REA Group said it was abandoning its pursuit of the property portal after a fourth, £6. 2m takeover proposal was rejected.
Frasers makes £83m takeover bid for Mulberry, shares jump
Mike Ashley’s Frasers Group said on Monday that it had made an £83m takeover bid for Mulberry, as it criticised the luxury handbag retailer for not informing it of plans to raise £10m.
Short-seller ShadowFall takes bet against 3i Group
3i Group fell on Monday following a report that short-seller ShadowFall Capital and Research has taken out a multimillion-pound short position against the investment trust, saying that its largest holding, Action, was overvalued.
Playtech upbeat after strong first half
Playtech posted a strong first-half performance on Monday, with revenue increasing 5% to €906. 8m and adjusted EBITDA rising 11% to €243m, driven by robust growth in its B2B division.
QinetiQ agrees sale-and-leaseback of Farnborough site
QinetiQ Group announced the sale of its 407-acre freehold site at Cody Technology Park (CTP) in Farnborough on Monday, to a fund managed by Tristan Capital Partners, for £112m.
UK second-quarter growth revised lower
The UK economy grew less than initially estimated in the second quarter, according to figures released on Monday by the Office for National Statistics.