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Recent News

Wednesday 11 June, 2014

11-Jun-2014 07:30 AM

NewRiver Retail acquires 4 retail park properties

NewRiver Retail Limited has acquired a portfolio of four retail park properties (the Linear Portfolio) from a UK institution for a total consideration of £17.3 million. The freehold assets have been acquired at an attractive net initial yield of 9.12%.
11-Jun-2014 07:28 AM

KEFI to acquire remaining 25% interest in Tulu Kapi

KEFI has entered into a conditional agreement with Nyota Minerals the remaining 25% of KEFI Minerals (Ethiopia) for a consideration of £1.5m. The target - previously named Nyota Minerals (Ethiopia) Limited) - is the owner of the Tulu Kapi licence an
11-Jun-2014 07:27 AM

Flybe takes off

Budget carrier Flybe announced a return to profit in the year to end-March, following a successful turnaround and record UK passenger numbers. · 11.1% growth in Revenue under management to £868.4m (2012/13: £781.5m) driven by significa
11-Jun-2014 07:25 AM

Egdon gets go ahead for gas shale deal

Egdon has received Department of Energy & Climate Change consent for the transfer of gas shale licences from Alkane. Managing director Mark Abbott said: "We are delighted to have obtained consent from DECC enabling the transfer of licences in Alka
11-Jun-2014 07:25 AM

M&C Saatchi says 2014 starts well, trading in line

M&C Saatchi chairman Jeremy Sinclair will tell shareholders today that 2014 has started well and trading is in line with expectations. "LIDA, our Direct Marketing shop, which was awarded Agency of the Year in 2013, has continued its run of new busi
11-Jun-2014 07:22 AM

Heathrow traffic figures rise

Story provided by StockMarketWire.com...
11-Jun-2014 07:20 AM

Betfair back in profit

Online gambling group Betfair said today that revenue increased by 2% to £393.6m in the year to end-April, with strong growth in Sportsbook and Betfair US. This was partly offset by a weak Gaming performance. Revenue included significant adverse impac
11-Jun-2014 07:14 AM

Sainsbury reports decline in first quarter like-for-like sales

Supermarket operator Sainsbury said, in a challenging market, total retail sales for Q1 were up 1% (ex fuel), down 0.3% (inc fuel). Like-for-like retail sales for the quarter were down 1.1% (ex fuel), down 2.4% (inc fuel). Justin King, CEO, said "
11-Jun-2014 07:06 AM

ITE strengthens its presence in Indonesia

Story provided by StockMarketWire.com...
11-Jun-2014 07:06 AM

WH Smith reports 2% fall in like-for-like sales...

High street retailer WH Smith said total group sales in the first 14 weeks of the second half of the financial year were flat with like-for-like sales down 2%, compared to the same period last year. WHSmith Travel total sales were up 4% and like-for-like
11-Jun-2014 07:00 AM

Economic Events - Tomorrow's Events

UK12/06/2014 00:01 RICS House Price Balance | Forecast: 52% | Previous: 54%US12/06/2014 13:30 Import Prices m/m | Forecast: 0.20% | Previous: -0.40%12/06/2014 13:30 Core Retail Sales m/m | Forecast: 0.40
11-Jun-2014 07:00 AM

Economic Events - Month Ahead Events

UK12/06/2014 00:01 RICS House Price Balance | Forecast: 52% | Previous: 54%13/06/2014 10:00 CB Leading Index m/m16/06/2014 00:01 Rightmove HPI m/m16/06/2014 00:01 BOE Quarterly Bulletin17/06/2014 09:30 HPI y/y
11-Jun-2014 07:00 AM

Economic Events - 7 Days Ahead Events

UK12/06/2014 00:01 RICS House Price Balance | Forecast: 52% | Previous: 54%13/06/2014 10:00 CB Leading Index m/m16/06/2014 00:01 Rightmove HPI m/m16/06/2014 00:01 BOE Quarterly Bulletin17/06/2014 09:30 HPI y/y
11-Jun-2014 07:00 AM

Economic Events - Today's Events

UK11/06/2014 09:30 Average Earnings Index 3m/y | Forecast: 1.20% | Previous: 1.70%11/06/2014 09:30 Unemployment Rate | Forecast: 6.70% | Previous: 6.80%11/06/2014 09:30 Claimant Count Change | Forecast: -25.0K | Previous: -25

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