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The morning news update with BG Group, Stagecoach and Safeland

The morning news update with BG Group, Stagecoach and Safeland

1 mins. to read

FTSE 100 BG Group (BG.) – has agreed to sell its wholly-owned subsidiary QCLNG Pipeline Pty Ltd to APA Group, Australia’s largest gas infrastructure business, for approximately US$5 billion. Ashtead Group (AHT) – underlying pre-tax profits up by 33% at £145.1 million for the quarter to 31st October. FTSE 250 Carillion (CLLN) – expect the order…

The Morning News Update with Tesco, Soco International and ASOS

The Morning News Update with Tesco, Soco International and ASOS

1 mins. to read

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…

James Faulkner on Bioquell: Benefitting from disease destruction

James Faulkner on Bioquell: Benefitting from disease destruction

3 mins. to read

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”…

James Faulkner is back on the value trail with Alliance Pharma

James Faulkner is back on the value trail with Alliance Pharma

2 mins. to read

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…