News And Announcements
Banks face potential new PPI bill after court ruling
Shares of Lloyds Banking Group and other lenders fell on Tuesday after a court ruling raised the prospect of a big new bill for compensating customers sold payment protection insurance (PPI).
Paragon Banking buys Titlestone from Oaktree Capital for £48m
Paragon Banking Group has bought residential development finance provider Titlestone Property Finance for around £48m and a portfolio of development finance loans for approximately £226m.
Utilitywise partners with Vodafone and Dell to launch energy management platform
Utility cost management consultancy Utilitywise has announced a new collaboration with Vodafone and Dell EMC to launch an innovative Internet of Things energy and building management platform.
Ryanair traffic rises 7% in June, load factor steady
Budget airline Ryanair reported a 7% jump in June traffic on Tuesday as it called for action after flights were cancelled due to air traffic control strikes.
St Modwen reports slight rise in first-half asset values
St Modwen Properties said 2018 had started well as the regeneration-focused property company reported a slight uptick in asset values for the first half.
Entertainment One gobbles up rest of Sierra Pictures
Entertainment One has completed the purchase of the remaining stake in feature film production and global sales company Sierra Pictures, it announced on Tuesday, which results in full ongoing ownership by the Group.
Ferrexpo iron ore production down, as expected
Ferrexpo, the Ukraine-based iron ore producer, reported first-half pellet production that was down slightly on this time last year.
UDG Healthcare buys two US-based businesses for up to $82.4m
Healthcare services provider UDG Healthcare has agreed to buy two US-based businesses - Create NYC and SmartAnalyst - for a combined consideration of up to $82. 4m.
McBride warns annual profit will miss expectations
McBride has warned annual profit will be lower than forecast after disappointing sales in the last two months of its financial year.
Smurfit Kappa acquires Dutch paper and recycling business for €460m
Smurfit Kappa has completed the acquisition of Netherlands-based paper and recycling business Reparenco for €460m.