Mpac acquires packaging machinery company Switchback for up to $15m

Packaging company Mpac said it had acquired US-based packaging machinery company Switchback for up to $15m.

The initial acquisition price was $13m, payable in cash,...

Wed, 09/09/2020 - 07:40


Biffa maintains outlook as performance remains 'slightly ahead' of Covid-19 base case

Waste management business Biffa said performance remained 'slightly ahead' of its expectations amid an ongoing recovery, with revenue about 90% of prior-year levels during August....

Wed, 09/09/2020 - 07:39


Somero Enterprises resumes dividend payments; even as profit drops 29%

Concrete leveling technology supplier Somero Enterprises reported a 29% fall in first-half profit but reinstated dividend payments, citing a strong financial position.

Pre-tax profit for...

Wed, 09/09/2020 - 07:36


Computacenter resumes dividend as cost cuts lift first-half profit

Technology company Computacenter resumed dividend payments after reporting that first-half profit jumped on Covid-19 related cost cuts and an uptick in revenue.

For the...

Wed, 09/09/2020 - 07:30


Marlowe pays £3.4m deferred consideration for William Martin deal

Safety company investor Marlowe said it had settled a deferred consideration of around £3.35m related to its acquisition of William Martin Compliance.

The acquisition was...

Wed, 09/09/2020 - 07:29


Tullow Oil swings to $1.44bn loss as production, crude prices fall

Oil company Tullow Oil swung to a deep first-half loss after output and crude prices both fell and it wrote down the value of its...

Wed, 09/09/2020 - 07:26


Hipgnosis Songs Fund lifts annual dividend target to 5.5p/share

Music rights investor Hipgnosis Songs Fund said it had upped its dividend target to 5.5p per year.

The company said it would target the payment...

Wed, 09/09/2020 - 07:15


UK Commercial Property REIT cuts void rate with Magna Park leasing deal

Commercial property investor UK Commercial Property REIT said it had fully let a logistics unit at Magna Park in Lutterworth to European distribution company Armstrong...

Wed, 09/09/2020 - 07:11


Sanne profit jumps, lifts dividend 2.1%

Alternative asset and corporate services provider Sanne posted a large rise in first-half profit, which it said reflected the resilience of its client book amid...

Wed, 09/09/2020 - 07:07


Economic Events - Today's Events

CA

09/09/2020 13:15 Housing Starts
09/09/2020 15:00 Bank of Canada interest rate decision

CH

09/09/2020 06:45 Unemployment

CN

09/09/2020 04:00 PPI
09/09/2020 04:00 CPI...

Wed, 09/09/2020 - 07:00


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