International Public Partnerships reaffirms portfolio performance

Listed investment company International Public Partnerships said there had been no material change in the operational performance of its investment portfolio in the first five...

Mon, 01/06/2020 - 08:05


Strategic Minerals wins $21.9m in damages decision

Mineral producer Strategic Minerals said it had been awarded around $21.9m in damages and costs by an arbitrator, plus interest.

The damages were won from...

Mon, 01/06/2020 - 08:00


Property investment company CLS acquires office building in Germany for €18.2m

Property investment company CLS said it had acquired an office building in Nuremberg, Germany for €18.2m excluding costs.

The asset had a weighted average unexpired...

Mon, 01/06/2020 - 08:00


Broker Forecast - Bank of America Merrill Lynch issues a broker note on Rio Tinto PLC

Bank of America Merrill Lynch today upgrades its investment rating on Rio Tinto PLC (LON:RIO) to buy (from underperform).

Broker Forecasts data provided by ...

Mon, 01/06/2020 - 08:00


Capital & Counties Properties to acquire 26.3% stake in Shaftesbury for £436m

Property investment company Capital & Counties Properties said it had agreed to acquire a 26.3% stake in Shaftesbury for £436m from Veloqx.

The company said...

Mon, 01/06/2020 - 07:55


Shaftesbury says legal proceedings brought by Samuel Tak Lee withdrawn

London West End property investor Shaftesbury said legal proceedings brought against the company by investor Samuel Tak Lee regarding a previous capital raising had been...

Mon, 01/06/2020 - 07:54


Balfour Beatty cancels dividend to support liquidity

Construction company Balfour Beatty cancelled its dividend in an effort to maintain liquidity and said it would continue to halt the sale of infrastructure investment...

Mon, 01/06/2020 - 07:50


Sirius Real Estate lifts dividend as underlying earnings improve

German property investor Sirius Real Estate posted a 23% fall in annual profit, owing to lower gains on the value of its assets and higher...

Mon, 01/06/2020 - 07:48


AstraZeneca cancer drug wins marketing approval in US; heart disease treatment approved in US

Pharma giant AstraZeneca said its cancer drug had been recommended for marketing authorisation in the European Union to treat patients with metastatic pancreatic cancer.

The...

Mon, 01/06/2020 - 07:37


Ted Baker swings to £70.4m loss in tumultuous year

Fashion retailer Ted Baker swung to a full-year loss, as sales were hit by heavy discounting blamed on weak consumer spending and a shift to...

Mon, 01/06/2020 - 07:32


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