Full List Of Stories
KRM22 buys Chicago-based Prime Analytics for up to $7.5m
AIM-listed technology and software investment company KRM22 has announced the acquisition of Prime Analytics, a Chicago-based risk management technology company, for up to $7. 5m.
Inspire Brands to buy Sonic Corp in $2.3bn deal
Restaurant company Inspire Brands - the owner of Arby’s, Buffalo Wild Wings and Rusty Taco - has agreed to buy Sonic Corp in a $2. 3bn deal that includes the assumption of Sonic’s net debt.
FTSE 100 movers: Next rallies but airlines under the cosh
London’s FTSE 100 was up 0. 6% to 7,499. 88 in afternoon trade on Tuesday, helped along by retail and oil stocks.
Purplebricks to launch in Florida as US expansion continues
Hybrid estate agent Purplebricks announced plans on Tuesday to expand its US operations to Florida.
Deutsche Bank downgrades Smiths to 'hold'
Deutsche Bank downgraded engineer Smiths Group to ‘hold’ from ‘buy’ on Tuesday, cutting the price target to 1,665p from 1,740p, saying it was time to take a step back.
US pre-open: Stocks to rise amid rate hike expectations
US stocks were set for a positive open on Tuesday amid expectations that the Federal Reserve will announce a 25 basis points rate hike this week.
London midday: Stocks extend gains as oil giants, retailers rally
London stocks had extended gains by midday on Tuesday thanks to a strong showing from retailer Next and the oil majors, although worries about the US-China trade conflict remained.
CMC Markets slumps on profit warning
Shares in CMC Markets tumbled on Tuesday after the online spreadbetting company warned that net operating income for 2019 will be below previous guidance following low volatility in the second quarter.
Next Fifteen H1 profits and revenues rise, dividend lifted
Next Fifteen reported a jump in interim profit and revenue on Tuesday as it hiked its dividend.
Card Factory LFL revenues drop as footfall declines
Card Factory posted a drop in underlying pre-tax profit and like-for-like sales on Tuesday as it took a hit from extreme weather and consumer caution, but overall revenue rose and the retailer announced a special dividend.
Speedy Hire sees H1 revenues up 6.5%
Tools and equipment hire company Speedy Hire said on Tuesday that revenues for the first half are expected to have risen, while full-year adjusted pre-tax profit will be ahead of the previous year.
Peel Hunt downgrades JD Wetherspoon after recent strength
Peel Hunt downgraded JD Wetherspoon to ‘hold’ from ‘add’ on Tuesday following recent share price strength.
London open: Next boosts retailers but trade worries remain
London stocks nudged a touch higher in early trade on Tuesday as the retail sector was boosted by a guidance upgrade from Next, but gains were limited amid ongoing concerns about the US-China trade conflict.
British American Tobacco appoints Jack Bowles as CEO
British American Tobacco has promoted Jack Bowles, currently chief operating officer of its international business, to the role of chief executive, succeeding Nicandro Durante.
London pre-open: Stocks to edge lower amid trade worries; Next raises guidance
London stocks were set to edge lower at the open on Tuesday amid ongoing worries about the trade conflict between the US and China.
Smurfit Kappa hands over Venezuelan operations to government
Corrugated packaging group Smurfit Kappa has handed over full responsibility for its Venezuelan operations to the government there and will write down net assets of around €60m as a result.
Credit Suisse upgrades Capital & Counties after share price drop
Capital & Counties got a boost on Monday as Credit Suisse upped the stock to 'outperform' from 'neutral' following a drop in the share price since a potential demerger was announced earlier in the year.
FTSE 100 movers: Sky rallies on Comcast deal, TUI hit by Thomas Cook warning
London's FTSE 100 was down 0. 3% to 7,471. 84 in afternoon trade on Monday as trade tensions between the US and China took a turn for the worse.
Sky urges shareholders to accept deal as Comcast outbids Fox
Sky urged its shareholders on Monday to accept a takeover offer from US cable company Comcast after it outbid Rupert Murdoch’s 21st Century Fox for the London-listed broadcaster.
EasyHotel opens five new sites, agrees to buy Blackpool site
EasyHotel announced on Monday that it has opened five new sites and conditionally acquired a 999-year lease on a site in Blackpool.