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Company news from ShareCast

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Deutsche Bank looking to cut more than 250 jobs at corporate and investment banking arms

Mon 19 February 2018 16:42

(ShareCast News) - Deutsche Bank began making moves to cut no less than 250 jobs in its corporate and investment bank units, as it looks to stem the flow of expenses while its securities division continues to slide.

UK meat supplier Russell Hume goes into administration

Mon 19 February 2018 14:44

(ShareCast News) - Meat supplier Russell Hume was placed into administration on Monday with the loss of more than 260 jobs after an investigation by the Food Standards Agency led to a major product recall.

Balfour Beatty sells further 5% stake in Connect Plus

Mon 19 February 2018 12:57

(ShareCast News) - Infrastructure group Balfour Beatty has announced the sale of an additional 5% in Connect Plus, the company which operates the M25 orbital motorway, to funds managed by Equitix for £42m in cash.

City of London Investment Group makes good first-half progress

Mon 19 February 2018 12:25

(ShareCast News) - City of London Investment Group released its half-year results for the six months to 31 December on Monday, with funds under management reaching $5.3bn (£3.9bn) at period end, rising from $4.7bn at the beginning of the financial year.

MJ Gleeson on track to meet full-year expectations

Mon 19 February 2018 11:42

(ShareCast News) - Community regeneration housebuilder MJ Gleeson announced a "strong performance" for its first half on Monday, with profit before tax up 19.1% and an increase in the interim dividend of 38.5% to 9.0p per share.

Green reportedly eyes Arcadia sale; MPs warn on pension deficit

Mon 19 February 2018 09:15

(ShareCast News) - Retailer Sir Philip Green is reportedly in talks on a full or partial sale of his Arcadia empire to Chinese interests, UK media reported on Monday, sparking concerns about how pensioners would be protected if a deal was agreed.

N Brown appoints Tesco UK & Ireland boss Matt Davies as chairman

Mon 19 February 2018 09:01

(ShareCast News) - Retailer N Brown has appointed Matt Davies - currently the head of UK and Ireland for Tesco - as its new chairman, succeeding Andrew Higginson.

Fidessa sees 'solid growth' as firms look towards new tech

Mon 19 February 2018 08:04

(ShareCast News) - Trading and investment management software and services provider Fidessa reported solid growth it its transforming markets in its final results on Monday, with revenue rising 7% to £353.9m.

Saga appoints Patrick O'Sullivan as chairman

Mon 19 February 2018 08:01

(ShareCast News) - Saga has appointed Patrick O'Sullivan as chairman with effect from 1 May.

Grafton buys Leyland SDM for £82.4m

Mon 19 February 2018 07:54

(ShareCast News) - FTSE 250 merchanting and DIY group Grafton has acquired London-based independent specialist decorators' merchant Leyland SDM for £82.4m on a debt-free, cash-free basis.


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