Financial News

Legal & General to sell Indian insurance asset

Insurance giant Legal & General (LON:LGEN) has reached an agreement in principle to sell its position in IndiaFirst Life to…

Abbey warns of crumbling profits

Shares in Irish property developer Abbey (LON:ABBY) were down by 4.45% to 1,304.20p at 15:15 BST after the company announced that…

Rio Tinto sells off Aussie assets

FTSE 100 miner Rio Tinto (LON:RIO) has completed the sale of its 75% interest in the Winchester South development project…

New deal lifts Gama Aviation

Shares in Gama Aviation (LON:GMAA) rose by 1.73% to 223.80p after the company landed a £50 million extension to its…

FirstGroup overtaken by losses

FTSE 250 travel operator First Group (LON:FGP) has announced that CEO Tim O'Toole will be stepping down from his position…

Rhinomed secures US retail deal

Australian-listed medical devices manufacturer and Master Investor Show 2018 exhibitor Rhinomed (ASX:RNO) has scored a deal with a major US…

Bodycote raises forecasts after strong start

FTSE 250 heat treatment outfit Bodycote (LON:BOY) has upped its full year forecasts today after revenues for the four months…

Stobart’s broker resigns as board strife continues

Shares in infrastructure and support services provider Stobart Group (LON:STOB) have slid further today after Cenkos resigned as the group's…

Smiths share price up on medical speculation

Engineering specialist Smiths Group (LON:SMIN) has this morning confirmed speculation that it is in early talks with ICU Medical regarding…

Vedanta shares drop after government orders plant to be closed

Miner Vedanta Resources (LON:VED) has been ordered by the Government of Tamil Nadu to seal and permanently close its Tuticorin…