Secure Trust Bank posts record total group profit
Thu 23 March 2017 14:46
(ShareCast News) - Secure Trust Bank announced a record total group profit after tax of £137.5m for the year to 31 December on Thursday.
Friday preview: Euro and US PMIs, Smiths Group results
Thu 23 March 2017 14:10
(ShareCast News) - Survey data on European and US services and manufacturing industries should give a good macroeconomic steer, while for UK corporate watchers Smiths Group is the biggest name reporting.
Renewables Group in £50m placing; talks on new UK projects
Thu 23 March 2017 09:07
(ShareCast News) - The Renewables Infrastructure Group (TRIG) said it planned to raise £50m through a share issue to fund new project acquisitions.
Electra sells remaining stake in Allflex for £70.3m
Thu 23 March 2017 08:50
(ShareCast News) - Electra Private Equity said it had sold its remaining stake in Allflex Corporation to an existing shareholder for £70.3m.
Ted Baker's tailored plan delivers profits growth but 'external factors' worry
Thu 23 March 2017 08:46
(ShareCast News) - In contrast to the travails of others in the rag trade, Ted Baker reported strong growth in sales and profits last year and, apart from remaining watchful for the impact of "external factors", seemed confident about its expansion path.
Next profits shrink as pursuit of clothing trends hits sales
Thu 23 March 2017 08:31
(ShareCast News) - Clothes retailer Next reported underlying pre-tax profits fell 3.8% to £790.2m last year and warned 2017 will be "another tough year" due to a shift away from spending on clothing and a squeeze on UK wages.
Hansteen cash offer for IMPT declared unconditional
Thu 23 March 2017 08:29
(ShareCast News) - Hansteen's cash offer for Industrial Multi Property Trust was declared unconditional in all respects on Thursday morning, as the company confirmed it had received valid acceptances for 29.73% of IMPT's issued share capital, and acquired
LondonMetric in £97m placing to fund new deals
Thu 23 March 2017 08:27
(ShareCast News) - LondonMetric Property unveiled a £97m placing on Thursday to fund the acquisition of "last mile" assets, along with a series of warehouse deals that the cash will be spent on.
Starbucks to create 240,000 jobs globally in four years
Thu 23 March 2017 08:18
(ShareCast News) - US coffee shop chain Starbucks pledged to create almost a quarter of a million jobs worldwide by 2021 during its annual shareholders meeting.
GVC earnings surge after integration of bwin.party
Thu 23 March 2017 08:13
(ShareCast News) - Sports betting and gaming group and owner of the 'Foxy Bingo' brand GVC Holdings announced its audited results for the year to 31 December on Thursday, with pro forma sports wagers up 4% to €4.55bn, or up 7% at constant currencies.