Thu, 23rd Jun 2016 13:11
Department store operator Beales has reluctantly accepted a takeover offer from property entrepreneur Andrew Perloff. Perloff, who along with his family owns 29.72% of Beales, has offered 6p a share in cash, a 48% discount to Friday's close of 11.5p. The offer, which is carried out through a new ve
Read moreAnalysts at UBS believe BAE Systems is in the right segments of the defence industry – aerospace and high-end technology – to capitalise on the increased emphasis on higher technology military operations. That is manifestly the case when one looks at the recent 50 nations for Air Power
Read morePoorly-received updates from the likes of Next and Home Retail Group ensured that the UK-listed general retail sector was firmly in the red on Thursday afternoon. High street giant Next delivered a solid first half with both sales and profits ahead of the company's original expectations, but under a
Read moreGeneral retail stocks were under the weather on Monday as investors showed nervousness ahead of results from High Street bellwether Marks & Spencer and reacted to rate-hike speculation. Shares in M&S were down 1% this afternoon before its fiscal first-quarter update due out Tuesday morning which wi
Read more- Reduces half-year losses - Recent trading boosted by UK recovery, self-help initiatives - Confident business is in process of turning around Department store operator Beale trimmed half-year losses and said recent trading has been bolstered by the improving UK economy and a number of self-help in
Read moreLONDON (Alliance News) - UK shares have opened higher Thursday following strong results reported by US technology bellwethers Apple and Facebook overnight.
A number of major UK companies also reported early Thursday, but with a less positive tone.
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