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Sanne Group to raise £141m ahead of LSE debut

Sanne Group to raise £141m ahead of LSE debut

Fri, 27 March 2015

Independent fund and corporate administration provided Sanne Group has announced it intends to raise £141.6m ahead of its listing on the London Stock Exchange on 1 April. The fundraising would see the... [more]

NWF reaches settlement on claim, expects cash payment

NWF reaches settlement on claim, expects cash payment

Fri, 27 March 2015

Animal feeds manufacturer NWF Group has reached a settlement over an undisclosed legal claim it made. The London-listed company added that as a result of the settlement it expected to receive a one-of... [more]

Carnival buoyed by first-quarter and hoists earnings guidance

Carnival buoyed by first-quarter and hoists earnings guidance

Fri, 27 March 2015

Buoyed by strong first-quarter results, dual-listed cruise ship operator Carnival has set off full steam ahead in 2015, hoisting its guidance for full year earnings. The FTSE 100 and S&P 500 company d... [more]

Imperial Innovations swings to interim loss despite revenue rising 75%

Imperial Innovations swings to interim loss despite revenue rising 75%

Fri, 27 March 2015

Technology commercialisation and investment company Imperial Innovations Group swung to a first-half loss on the back of increased investments. The AIM group said its pre-tax loss for the first six mo... [more]

Oxford Pharmascience jumps on successful pilot study

Oxford Pharmascience jumps on successful pilot study

Fri, 27 March 2015

Shares in Oxford Pharmascience Group rose 9% on Friday, as the drug development group said a pilot study on its OXPzero Naproxen gastrointestinal treatment returned positive results. The London-listed... [more]

Equatorial Palm Oil holds back on development pending HCS study

Fri, 27 March 2015

Shares in Equatorial Palm Oil said it has agreed to take part in a global study on responsible land usage by palm oil operators, resulting in some delays to land developments. The independent high car... [more]

Corac enters partnership with Spirax-Sarco

Fri, 27 March 2015

Engineering group Corac has entered a ten-year agreement with Spirax-Sarco, a steam system management and peristaltic pumping company, to provide its patented micro-turbines and compressors to the lat... [more]

Co-op Bank shrinks losses, CEO to stay through 2016

Fri, 27 March 2015

The Co-operative Bank reduced losses in 2014 as cost cutting measures began to pay off. Following 72 branch closures in 2014, the bank claims to have "stabilised", with losses cut to £264.2m from £1.3... [more]

Egdon excited after Wressle's Penistone tests show evidence of column

Fri, 27 March 2015

Egdon Resources said the results of flow tests at Penistone Flags, its 25% owned Wressle-1 oil and gas discovery near Scunthorpe indicated the presence of an oil column below the gas zone. Perforation... [more]

Amazon in talks to buy online fashion retailer Net-a-porter

Fri, 27 March 2015

Amazon is planning to enter the fashion market through the takeover of online retailer Net-a-porter from Swiss firm Richemont. Negotiations are at the early stages, as reported by Forbes, but the pote... [more]

Redx Pharma enjoys successful AIM debut

Fri, 27 March 2015

Shares in pharmaceutical development company Redx Pharma traded at a small premium upon the company's debut on the London Stock Exchange. The Liverpool-based group began trading on AIM on Friday, havi... [more]

Orogen Gold issues 36.4m shares to DEM for drilling services

Fri, 27 March 2015

Gold explorer Orogen Gold has issued 36.4m shares to DEM Geosciences SAL to cover costs related to diamond drilling services the latter carried out in 2014. The London-listed group said each share was... [more]

Cambian acquires fostering group By the Bridge for £26m

Fri, 27 March 2015

Specialist behavioural health services provider Cambian Group has completed the acquisition of fostering and residential care company By the Bridge for £36m. Initially, the deal will be funded by debt... [more]

Royal Bank of Scotland says goodbye to Coutts business

Fri, 27 March 2015

Royal Bank of Scotland on Friday announced that it will be offloading its Coutts private banking business to Switzerland's Union Bancaire Privée for what is rumoured to be a price of at least $600m. R... [more]

Redrow sells property portfolio for £10.9m

Fri, 27 March 2015

Residential developer Redrow has confirmed its Redrow Homes Limited division will sell its ground rent portfolio to Adriatic Land 3 for £10.2m. The portfolio includes developments at Kingston Riversid... [more]

Homeserve happy with trading ticking over nicely

Fri, 27 March 2015

Plumbing emergency and domestic repair provider Homeserve has reassured in a terse trading statement that trading in its busy winter period has been "good" and in line with its full-year targets. As t... [more]

ICAP mulling spin-off of electronic trading arm EBS-BrokerTec, rumours say

Fri, 27 March 2015

London interdealer broker ICAP is rumoured to be looking to spin off its electronic trading arm EBS-BrokerTec. The FTSE 250 company's management have been mulling the split and, according to sources c... [more]

Louis Dreyfus Commodities has no plans for an IPO, majority owner says

Fri, 27 March 2015

Privately held agricultural commodities trader Louis Dreyfus Commodities has no plans for an initial public offering (IPO), according to its largest stakeholder. Instead, Margarita Louis Dreyfus, whos... [more]

Goldman Sachs beats JP Morgan to commodities trading top spot

Fri, 27 March 2015

Goldman Sachs has beaten investment banking rival JP Morgan to claim the accolade of the largest bank by commodities revenue, after the latter divested its raw materials business. According to London-... [more]

Barratt Developments CEO steps down, to be replaced by CFO

Fri, 27 March 2015

Barratt Developments chief executive Mark Clare has stepped down after nine years in the role, to be replaced by finance director David Thomas, who has been with the company for six years. Clare will ... [more]

Vodafone inks deal to extend services in Botswana

Fri, 27 March 2015

Vodafone has teamed up with the Botswana Telecommunications Corporation (BTCL) to unveil a new partner market agreement for Botswana. Under the terms of agreement, BTCL will become Vodafone's preferre... [more]

Antofagasta suspends mines as flash floods hit Atacama Desert in Chile

Fri, 27 March 2015

Copper mining group Antofagasta has been forced to call a halt to mining activities in the north of Chile due to heavy rain. Since Tuesday evening, flash floods in the Atacama Desert in the north of C... [more]

RBS set to sell Coutts International to Swiss Bank UDP

Thu, 26 March 2015

Royal Bank of Scotland (RBS) has agreed to sell its international private arm Coutts International, to Union Bancaire Privee (UBP), the Swiss private bank. The deal is expected to be announced on Frid... [more]

Volvere acquires Impetus Automotive for £1.3m

Thu, 26 March 2015

Volvere, an investment company, has bought Impetus Automotive (IAL) for £1.3m. Impetus provides consulting services for the automotive sector and last reported full-year revenues of £15.6m and profits... [more]

ITV warns Downton Abbey sixth series will be the last

Thu, 26 March 2015

ITV and series producer Carnival Films on Thursday revealed that hugely successful television period drama series Downton Abbey will come to an end at the conclusion of the sixth series. Downton Abbey... [more]

FTSE 100 Top Risers

Name Last Chg.% Time
Carnival 3,245.00 7.18 17:01
InterContinental Hotels Group 2,640.00 2.76 17:00
Shire Plc 5,425.00 2.17 16:45
SABMiller 3,613.00 1.43 17:00
Compass Group 1,174.00 1.21 17:01

FTSE 100 Top Fallers

Name Last Chg.% Time
Weir Group 1,714.00 -3.55 17:00
Glencore 288.15 -3.05 16:56
Sports Direct International 621.50 -3.04 16:54
Anglo American 1,044.00 -3.02 16:41
Randgold Resources Ltd. 4,756.00 -2.98 17:00