Sports Direct climbs on Glasgow acquisition
Shares in retailer Sports Direct rose by 1.77% to 315.50p after the company announced that it would buy the iconic Frasers shop site in Glasgow.
Shares in retailer Sports Direct rose by 1.77% to 315.50p after the company announced that it would buy the iconic Frasers shop site in Glasgow.
Hargreaves Lansdown said weak investor sentiment could cause an industry wide slowdown, despite revenues growing by 16%.
Pre-tax profits for the year ended 31st August at newsagent WH Smith dropped by 4% to £134 million as high street trading profits contracted by 3%.
AIM-listed Diversified Gas & Oil has announced the acquisition of Core Appalachia for a total consideration of $183 million.
AIM-listed pipe manipulation specialist Tricorn Group saw shares slump by 7.08% as falling demand led to a contraction in the energy division.
Shares in Patisserie Holdings were suspended this morning after the board were notified of large and potentially fraudulent accounting irregularities.
Housebuilder Telford Homes has said that it expects activity in London’s residential market to fall in the next 12 months.
Ceres Power Technologies has seen its share price climb by 2.48% to 199.82p after the company’s revenues for the year ended 30th June rose by 71%.
Strategic Minerals has sold $4.8 million worth of ore from its Cobre magnetite tailings operation over the year to date, a 31% improvement over last year.
Greggs saw its total sales for the 13 weeks ended 29th September rise by 7.3%, with like-for-like sales in company managed shops up by 2.9%.