FTSE 100 Tesco (TSCO) – profits warning. On the basis of changes and investments made to date now anticipates group trading profit for the financial year ending February 2015 will not exceed £1.4billion. Land Securities (LAND) – announces the sale of The Centre and Almondvale West Retail Park, Livingston to HSBC Alternative Investments Limited as…
Infection control specialist Bioquell (BQE) seems to be having a spot of trouble living up to its motto of “eliminate doubt” lately, at least as far as shareholders are concerned. The shares, currently at 98.5p, are trading at the bottom of their historical range, despite the fact that the company has been receiving “significant interest”…
by Dave Evans of binary.com As is often the case during the first week of the month, markets have spent much of the last few days tip toeing around Friday’s US Non Farm Payrolls data release. Traders were not disappointed by the release as a healthy 321,000 jobs were added last month, the most since…
Alliance Pharma (APH) specialises in acquiring and marketing drugs whose patents have expired – a niche market where it has developed a considerable talent for spotting a bargain. This can be a highly lucrative business model, as an astute acquirer can benefit from the cashflows of these branded drugs without the need to carry out…
FTSE 100 Intercontinental Hotels (IHG) – has accepted the offer from Constellation Hotels France Grand SA, an affiliate of Constellation Hotels Holding Limited, to acquire InterContinental Paris – Le Grand for €330 million ($406 million). FTSE 250 Segro (SGRO) – has completed the disposal of seven regional German industrial estates and exchanged contracts to dispose…
As predicted at t1ps.com, antibody supplier Bioventix (BVXP) has enjoyed a strong start to its AIM listing. A specialist in supplying sheep antibodies to the diagnostics industry, this little company already has an excellent track record of profitability and growth behind it – and we expect the strong performance to continue as new products reach…
CLICK THE IMAGE BELOW TO VIEW TODAY’S VIDEO Spreadbet Magazine editor Zak Mir takes a look at the technical position of some of the bulletin board stocks of the moment amongst private investors. Here are the key points from today’s video: Alba Mineral Resources (ALBA) The shares have consolidated via an extended probe towards the…
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FTSE 100 None reporting FTSE 250 Interserve (IRV) – has acquired the Employment & Skills Group, a UK-based provider of vocational training, skills and employability services, from Ares Capital for a cash consideration of £25 million. Berkeley Group (BKG) – pre-tax profits up by 80% at £304.9 millino for the six months to October. Announces…
by Filipe R. Costa With two thirds of its exports generated by the energy sector, Russia gets into trouble every time oil prices decline. When I wrote about the issue two weeks ago, oil prices were around $80 a barrel and both the rouble and the equity markets were in free fall. But, in the meantime,…
