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Recent News

Monday 26 June, 2017

26-Jun-2017 07:31 AM

Amec Foster Wheeler sells CFB boiler arm

Amec Foster Wheeler has completed the sale of its circulating fluidised bed (CFB) boiler business to Sumitomo Heavy Industries for a consideration of US$170m. The group said the sale was part of the company-wide transformation programme, which included
26-Jun-2017 07:28 AM

Inland gets planning consents and agrees land sales

Inland Homes - a leading brownfield regeneration specialist and housebuilder - has announced planning consent and construction contracts for more than 190 residential units and agreed strategic land sales. The group said it had: - Gained a resolution
26-Jun-2017 07:25 AM

Bagir completes Ethiopian acquisition

Bagir - a designer, creator and provider of innovative tailoring - has completed the acquisition of the remaining 50% shareholding in Nazareth Garments, the joint venture owner of its manufacturing site in Nazareth, Ethiopia, for a total consideration of
26-Jun-2017 07:24 AM

Surgical Innovations says trading in line

Surgical Innovations Group said its trading performance for the current financial year to date is in line with directors' expectations. "Revenues show strong growth compared with the corresponding period in the prior year, with gross margins
26-Jun-2017 07:23 AM

Innovations invests £4.0m in Yoyo

Touchstone Innovations has participated in a £12.0m series B funding round in Yoyo Wallet. Innovations has committed £4.0 million to the round, which was led by the digitalisation and start-up investment arm of the METRO GROUP Wholesale & F
26-Jun-2017 07:22 AM

Avingtrans unit wins Sellafield extension

Stainless Metalcraft (Chatteris) - part of the Avingtrans group's energy and medical division - has clinched an additional contract option with Sellafield. Avingtrans said the contract was worth an additional £11 million in revenue to Metalcr
26-Jun-2017 07:21 AM

Transense Tech. notes further Glencore contract win

Transense Technologies said Translogik, its trading division providing tyre management solutions, has won a further contract to supply iTrack II mining tyre monitoring systems for large haul trucks to Glencore Mining. The contract was won through Translo
26-Jun-2017 07:19 AM

Michelmersh acquires Carlton Main Brickworks Ltd

Michelmersh Brick has acquired the entire issued share capital of Carlton Main Brickworks Ltd for a net consideration of £31.2m. The acquisition was expected to be significantly earnings enhancing for the group. Carlton was a highly respected reg
26-Jun-2017 07:18 AM

Hornby 'significantly undervalued' by Phoenix offer

Model railway group Hornby's directors believe a mandatory cash offer of 32.375p per share by Phoenix UK Fund significantly undervalues the company and its future prospects. The company said that board noted Phoenix UK Fund's belief that Hornb
26-Jun-2017 07:14 AM

Ultra Electronics in talks to acquire Sparton Corp

Ultra Electronics confirms it is in advanced talks to acquire the whole of the issued share capital of Sparton Corporation. NYSE-quoted Sparton's Engineered Components & Products (ECP) division was Ultra's 50/50 partner in the long-standing ER
26-Jun-2017 07:00 AM

Economic Events - Tomorrow's Events

UK27/06/2017 10:30 BOE Financial Stability Report27/06/2017 11:00 CBI Realized Sales | Forecast: 2 | Previous: 2US27/06/2017 14:00 S&P/CS Composite-20 HPI y/y | Forecast: 5.90% | Previous: 5.90%
26-Jun-2017 07:00 AM

Economic Events - Month Ahead Events

UK27/06/2017 10:30 BOE Financial Stability Report27/06/2017 11:00 CBI Realized Sales | Forecast: 2 | Previous: 229/06/2017 09:30 Mortgage Approvals | Forecast: 64K | Previous: 65K29/06/2017 09:30 Net Lending to Individu
26-Jun-2017 07:00 AM

Economic Events - 7 Days Ahead Events

UK27/06/2017 10:30 BOE Financial Stability Report27/06/2017 11:00 CBI Realized Sales | Forecast: 2 | Previous: 229/06/2017 09:30 Mortgage Approvals | Forecast: 64K | Previous: 65K29/06/2017 09:30 M4 Money Supply m/m | F
26-Jun-2017 07:00 AM

Economic Events - Today's Events

UK26/06/2017 09:30 BBA Mortgage Approvals | Forecast: 40.3K | Previous: 40.8KUS26/06/2017 13:30 Durable Goods Orders m/m | Forecast: -0.50% | Previous: -0.80%26/06/2017 13:30 Core Durable Goods Orders m/

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