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Thursday 08 December, 2016

08-Dec-2016 07:46 AM

Concepta appoints manager for China

Concepta, the UK healthcare company targeting the personalised mobile health market with a primary focus on women's fertility, has appointed Kevin Su Wei as its China country manager, based in Shanghai, with immediate effect. The company says the
08-Dec-2016 07:45 AM

Green Dragon welcomes China development plan

Green Dragon Gas has welcomed the Chinese Government's and National Energy Administration's development plan that targets the percentage of China's energy mix to be accounted for by coalbed methane consumption. Highlights: - Planned
08-Dec-2016 07:42 AM

DS Smith improves H1 pretax profit

DS Smith has hiked its H1 pretax profit by 60% to £146m, with revenue up 21% to £2.36bn. Interim dividend was up 15% to 4.6p a share. "This half year has been another period of consistent delivery across the whole business," said CE
08-Dec-2016 07:42 AM

IOG Blythe licence extended

Independent Oil and Gas's licence for Blocks 48/22b and 48/23a in the southern North Sea containing the Blythe gas discovery has been formally extended until 31 December 2017 following talks with the UK Oil & Gas Authority. IOG owns 100% of the lice
08-Dec-2016 07:40 AM

Tritax Big Box REIT forward funded investment

Tritax Big Box REIT has completed the land purchase and exchanged contracts to provide forward funding for the development of a new distribution facility at Prologis Park Fradley, Staffordshire, pre-let to Screwfix Direct. The development represents an
08-Dec-2016 07:40 AM

SigmaRoc notes CICRA approval

SigmaRoc has today received formal approval from the Channel Islands Competition & Regulatory Authorities (CICRA) in respect of the proposed acquisition of Ronez Ltd from Aggregate Industries Ltd, a subsidiary of LafargeHolcim Ltd. Story provided by
08-Dec-2016 07:39 AM

Sports Direct Int'l sees H1 reported pretax profit fall

Sports Direct International has booked a 25.1% tumble in reported H1 pretax profit to £140.2m, from £187.3m, after a tough first six months of its financial year. Group revenue was up 14.2% to £1.64bn, from £1.43bn. Group gross margin fell 450 basis poin
08-Dec-2016 07:38 AM

EU Supply inks German distribution deal

EU Supply has signed an agreement for distribution of services using its CTM platform with T-Systems Multimedia Solutions GmbH T-Systems is a subsidiary of information and communication technology provider, T-Systems International GmbH, which has arou
08-Dec-2016 07:35 AM

Pressure Technologies acquires Martract Ltd

Pressure Technologies has acquired the entire issued share capital of UK-based Martract Ltd, a profitable, cash-generative engineering business that specialises primarily in the grinding and lapping of ball and seat assemblies and gate valves. The maxim
08-Dec-2016 07:35 AM

DCI completes sale of Playa Grande

Dolphin Capital Investors has completed the disposal of the Playa Grande golf and resort project to a joint venture comprising an affiliate of Third Point LLC, an affiliate of Discovery Land Company and others, at an enterprise value of €140 million.
08-Dec-2016 07:33 AM

Polar Capital sees H1 pretax profit fall

Polar Capital saw its H1 pretax profit fall to £9.1m, from £11.7m. Interim dividend was 5.5p a share, unchanged on the year. "This was certainly a challenging period to navigate with considerable uncertainty leading up to the EU referend
08-Dec-2016 07:33 AM

CareTech hikes divi as earnings rise

Specialist social care services provider CareTech's revenues rose by 19.9% to £149.0m in the year to the end of September. Underlying EBITDA increased by 14.2% to £37.1m (2015: £32.5m) and underlying profit before tax rose by 18.6%
08-Dec-2016 07:28 AM

Inmarsat to launch EAN satellite with Arianespace

Global mobile satellite communications provider Inmarsat has signed a contract to launch its S-band satellite for the European Aviation Network (on an Ariane 5 heavy lift launch vehicle. The EAN payload is part of a 'condosat' constructed by
08-Dec-2016 07:27 AM

Bank Pekao shareholder appeal dismissed

An appeal by a Bank Polska Kasa Opieki shareholder to overrule a resolution at the bank's ordinary meeting on 5 May 2009 approving the financial statement for 2008 has been dismissed by the Appeal Court in Warsaw. Story provided by StockMarketWir
08-Dec-2016 07:27 AM

Capita to sell majority of Capita Asset Services

Capita intends to dispose of the majority of the Capita Asset Services division ( CAS businesses ) and a small number of other businesses which no longer fit Capita s core business strategy. It says these actions will consolidate Capita' s position
08-Dec-2016 07:25 AM

Ocado's FY gross retail sales up

Ocado said its FY gross retail sales rose 13.6% to £1.27bn, from £1.12bn. In Q4, gross retail sales rose 13.1% to £398.1m, from £351.8m. In the final quarter, average orders per week rose 17.6% to 241,000, from 205,000. However, average order size fell 2
08-Dec-2016 07:22 AM

National Grid deal

National Grid has agreed to sell a 61% equity interest in its UK gas distribution business (NGGD) to a consortium of long-term infrastructure investors. It flagged a return of £4bn net proceeds to shareholders. The Consortium comprises Macquarie Infrastr
08-Dec-2016 07:22 AM

Gleeson's demand

Demand has been strong at Gleeson Homes with net reservations up 20%, shareholders at MJ Gleeson's annual general meeting today will be told. Chairman Dermot Gleeson will say: "Site activity is high with 14 new sites opened during the last six
08-Dec-2016 07:19 AM

ServicePower recommends Diversis Capital offer

ServicePower has recommended a cash offer by Diversis Capital UK Ltd at 6p a share, valuing its share capital at about £13.65m. "As the business and our clients' needs have continued to evolve, the Board has given much thought about how b
08-Dec-2016 07:00 AM

Economic Events - Month Ahead Events

UK09/12/2016 09:30 Goods Trade Balance | Forecast: -11.9B | Previous: -12.7B09/12/2016 09:30 Consumer Inflation Expectations09/12/2016 09:30 Construction Output m/m | Forecast: 0.20% | Previous: 0.30%13/12/2016 10:30 PP
08-Dec-2016 07:00 AM

Economic Events - Tomorrow's Events

UK09/12/2016 09:30 Consumer Inflation Expectations09/12/2016 09:30 Construction Output m/m | Forecast: 0.20% | Previous: 0.30%09/12/2016 09:30 Goods Trade Balance | Forecast: -11.9B | Previous: -12.7BUS
08-Dec-2016 07:00 AM

Economic Events - 7 Days Ahead Events

UK09/12/2016 09:30 Consumer Inflation Expectations09/12/2016 09:30 Construction Output m/m | Forecast: 0.20% | Previous: 0.30%09/12/2016 09:30 Goods Trade Balance | Forecast: -11.9B | Previous: -12.7B13/12/2016 10:30 PP
08-Dec-2016 07:00 AM

Economic Events - Today's Events

UK08/12/2016 00:01 RICS House Price Balance | Forecast: 26% | Previous: 23%US08/12/2016 13:30 Unemployment Claims | Forecast: 272K | Previous: 268KEU08/12/2016 06:30 French Final No

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