Carpetright (CPR) has announced plans to raise net proceeds of £60 million via a placing of new shares. Roughly a third of these funds will be used to cover the costs of its company voluntary arrangement and repay outstanding short term debts while the remainder will satisfy the capital expenditure requirements of the firm’s Revised Business Plan.
Pharma giant AstraZeneca (AZN) struggled during the first quarter with sales and earnings falling, Investment in new products, and a faster than anticipated decay of Crestor sales in Europe and Japan.
At the last general election, I did not bother to vote since the notion of the Conservatives being upstaged in Kensington struck me as ridiculous. But, unbeknowst to me, the boundaries had been changed. So, Labour won by twenty votes – I was not alone in my idleness. The result is one Emma Jane Coad.…
In a few short months, Facebook has gone from being the tech giant everybody likes to global bogeyman. Are all the little angry faces really justified? Big data is watching you The internet – the worldwide web – was supposed to create a libertarian paradise where netizens could freely exchange ideas outside the prying eyes of…
Geopolitical and supply concerns are helping to push the price back towards levels last seen in late 2014.
Shares in grocery delivery outfit Ocado (LON:OCDO) soared 278.8p to 827p (as at 14:50 BST) after the company announced that it had inked a deal with US retail giant Kroger. Under the arrangement, Kroger will use Ocado’s technology for food distribution to improve and centralise their online shopping experience. The financial effects of the deal are…
Shares in Fevertree (FEVR) had fallen by 7.38% to 2,709.25p at 1425 BST as the posh mixer maker failed to fizz.
Information services firm Experian (EXPN) had a strong finish to the year ended 31st March with total revenues for the 4th quarter up by 12%. as North American customer services returned to growth.
Opportunity knocked at the open today since 888 (LON:888) got knocked 10% on the grounds that the FOBTs in their betting shops would be restricted to a £2 stake. The only drawback to this trading decision is that 888 has no betting shops and, therefore, no FOBTs. I paid 308p. Do not forget that the major…
PaddyPower Betfair (PPB) may once again be on the merger market after Monday’s US Supreme Court decision. The company this morning confirmed that it was in discussions with US fantasy sports operator FanDuel to create a combined business targetting the US sports betting market.
