UK stocks open 1% higher on weaker pound; takeover activity

UK stocks opened higher on Wednesday as sentiment was buoyed by more takeover activity, while a weaker pound helped local companies with business abroad.

At...

Wed, 23/09/2020 - 08:42


Fulcrum Utility Services says activity returns to pre-Covid levels; appoints Jennifer Cutler as CFO

Infrastructure and services provider Fulcrum Utility Services said activity had now returned to pre-COVID levels as momentum had continued into the second quarter.

The company...

Wed, 23/09/2020 - 08:36


Equals losses widen in H1 as virus impact hurts business to consumer division

E-banking and international payments group Equals reported wider losses in the first half of the year as the impact of Covid-19 weighed on its business...

Wed, 23/09/2020 - 08:28


3i hails ongoing momentum of portfolio company Action amid better-than-expected performance

Private equity company 3i said its portfolio company Action continued to perform above expectations for the period from July to September to date.

The company...

Wed, 23/09/2020 - 08:06


Warpaint London reinstates dividend even as losses deepen

Cosmetics retailer Warpaint London posted a first-half loss after sales were hurt by the Covid-19 pandemic, but reinstated dividend payments citing continued cash generation.

Pre-tax...

Wed, 23/09/2020 - 07:57


Platinum Equity walks away from takeover of AA after mutually ending talks

Private equity group Platinum Equity walked away from a deal to acquire roadside assistance company AA after talks were terminated by mutual agreement.

'Platinum...

Wed, 23/09/2020 - 07:53


Real Good Food sales sink 28%; sees recent upturn in demand

Flavorings and cake decoration retailer Real Good Food said its sales sank 28% in the first five months of its financial year, though on an...

Wed, 23/09/2020 - 07:51


Ten Entertainment swings to loss as sales slump 46%

Bowling alley operator Ten Entertainment swung to a first-half loss after the UK government forced the temporary closure of its centres in March.

Pre-tax losses...

Wed, 23/09/2020 - 07:44


Diploma raises about £194m from equity placing

Technical products and services provider Diploma said it had raised about £194m through the sale of shares.

About 11.1m shares were placed at a...

Wed, 23/09/2020 - 07:43


NAHL receives takeover approach from Frenkel Topping

Consumer law marketing company NAHL said consultancy group Frenkel Topping had approached it with a share-based takeover proposal.

NAHL said its board was considering the...

Wed, 23/09/2020 - 07:38


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