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15 Mar 2019 12:51

Interserve to go into administration as rescue deal blocked

(Sharecast News) - Interserve is likely to go into administration on Friday evening and sell its entire business to its lenders after plans for a rescue fundraising were blocked by a US hedge fund.

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14 Mar 2019 16:07

Kin and Carta dips as revenue misses expectations

(Sharecast News) - Kin and Carta's shares dipped on Thursday after losses narrowed but interim revenue missed expectations after revenue from its Strategy and Communications pillars decreased.

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12 Mar 2019 10:09

French Connection returns to profit, talks with potential buyers ongoing

(Sharecast News) - French Connection said on Tuesday that it swung to a small full-year profit but total revenue barely grew as trading in the UK was tough.

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12 Mar 2019 09:42

Mothercare to sell ELC for £13.5m, says transformation plan on track

(Sharecast News) - Mothercare said on Tuesday that it has agreed to sell Early Learning Centre to TEAL Group Holdings, - the owner of The Entertainer toy shops - for £13.5m in cash, as it confirmed that its transformation plans are on track.

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7 Mar 2019 09:26

Take no action on Thalassa offer, says Local Shopping REIT board

(Sharecast News) - The Local Shopping REIT responded to an offer for the company's shares from Thalassa on Thursday, recommending its shareholders took no action on the offer.

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27 Feb 2019 09:33

Interserve seeks to win over investors with new rescue deal

(Sharecast News) - Interserve, the troubled government contractor, has updated its proposed rescue package as it looks to win over investors and stave-off a Carillion-style collapse.

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27 Feb 2019 08:35

Laura Ashley urges shareholders to reject 'opportunistic' takeover bid

(Sharecast News) - Laura Ashley has urged shareholders to take no action regarding the takeover bid from Flacks Group earlier in the week, stating that the offer "substantially" undervalued the group.

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26 Feb 2019 13:32

Tuesday broker round-up

(Sharecast News) - BT: Berenberg downgrades to hold with a target price of 260p.

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22 Feb 2019 16:20

Interserve receives mystery 'proposal' from Coltrane

(Sharecast News) - Interserve said it has received and is considering an "outline proposal" from major shareholder Coltrane Asset Management.

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21 Feb 2019 10:29

AEW UK Long Lease acquires Southampton nursery property for £2.1m

(Sharecast News) - AEW UK Long Lease REIT announced the acquisition of a nursery property in central Southampton for £2.1m on Thursday, reflecting a net initial yield of 5.9%.

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20 Feb 2019 11:03

Sales fall at Laura Ashley as it clears long-term debt

(Sharecast News) - Laura Ashley Holdings issued its interim results for the 26 weeks ended 31 December on Wednesday, reporting a fall in total group sales to £122.9m from £134.7m year-on-year.

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15 Feb 2019 13:01

Friday broker round-up

(Sharecast News) - Whitbread: Deutsche Bank downgrades to hold with a target price of 5,250p.

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11 Feb 2019 11:28

Ultimate Products sees decent underlying growth as it prepares for Brexit

(Sharecast News) - Value-focussed consumer goods group UP Global Sourcing, which trades as Ultimate Products, updated the market on its trading for the six months ended 31 January on Monday, reporting a 36% improvement in revenues to £65.8m year-on-year.

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6 Feb 2019 16:03

Director dealings: Outgoing Carclo CEO lowers stake

(Sharecast News) - Outgoing Carclo chief executive Chris Malley disposed of 100,000 ordinary shares in the technical plastics supplier on Wednesday.

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6 Feb 2019 16:03

Director dealings: Outgoing Carclo CEO lowers stake

(Sharecast News) - Outgoing Carclo chief executive Chris Malley disposed of 100,000 ordinary shares in the technical plastics supplier on Wednesday.

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