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Hon Hai warns on revenues in wake of coronavirus
Hon Hai Precision Industry responded to media speculation about its revenue outlook on Friday, amid the ongoing outbreak of the Covid-19 coronavirus in China and east Asia.
Taseko meets production guidance at Gibraltar Mine in Canada
Taseko Mines reported earnings from mining operations before depletion and amortisation of CAD 70. 6m in its full-year results on Friday, and adjusted EBITDA of CAD 51. 1m.
600 Group warns on profits as trading environment worsens
Diversified engineering business the 600 Group issued a profit warning on Friday, stating its trading environment had worsened since its last update.
Fulcrum Utility Services appoints interim finance chief
Multi-utility infrastructure and services provider Fulcrum Utility Services announced the appointment of Ian Pattison as its interim chief financial Officer on Friday.
Dialog Semiconductor swoops in for US rival Adesto Technologies
Reading-based Dialog Semiconductor will acquire US rival Adesto Technologies in an all cash transaction in order to accelerate its expansion into the market for the so-called 'Internet of Things'.
Friday newspaper round-up: Coal ban, Budget, Lloyds, Shell, Barclays, Anglo American, flooding
The sale of bags of coal and wet wood for domestic fires will be banned in England from February next year under plans to remove a huge source of air pollution. Ministers will announce today that the most polluting fuels will be phased out completely by 2023 in a victory for The Times’s Clean Air for All campaign. - The Times.
London pre-open: Stocks set for dip despite big drop in new coronavirus cases
Stocks are set to see a dip at the start of trading despite news of a sharp drop in new coronavirus cases in China.
James Fisher & Sons wins £35m Australian navy contract extension
Marine engineering services company James Fisher & Sons said its had won a four year £35m contract extension to supply its submarine escape and rescue system to the Royal Australian Navy until December 2023.
Halma buys US-based Maxtec in £15m deal
Health, safety and environmental technology company Halma has acquired Utah-based Maxtec, it announced on Friday.
Hunting buys Enpro Subsea for $33m
Energy services group Hunting on Friday said it had bought Enpro Subsea for $33m from members of the Enpro management team and Energy Ventures Private Equity.
Hammerson sells nine retail parks, Halma acquires US-based Maxtec
London open The FTSE 100 is expected to open 33 points lower on Friday, having closed down 0. 27% at 7,436. 64 on Thursday.
Hammerson sells nine retail parks for £455m
Property developer Hammerson said it had sold a portfolio of seven retail parks and two others individually for a total of £455m.