LONDON (Alliance News) - Bank of England policymakers unanimously decided to leave the key interest rates and asset purchase programme unchanged at the monetary policy meeting held on June 4 and 5, the minutes of the meeting showed Wednesday.
All nine members of the Monetary Policy
Volution Group, which supplies ventilation products, has received a chilly welcome on its first day of conditional dealing but expects to raise £100m for the company and its partially exiting shareholders. Volution priced its initial public offering (IPO) at 150p per share and quickly fell 2.3% to
Read moreLONDON (Alliance News) - Property website Zoopla Property Group PLC Wednesday priced its initial public offering price at 220 pence per share, valuing the business at GBP918.8 million, while ventilation products supplier Volution Group PLC set its own IPO price at 150 pence per share, giving it a
Read moreThe headline figures in Bloomsbury's results at the end of last week were far from inspiring. But the real highlight of the update was the news that sales of electronic books had rocketed. Of course, the rise of e-books does present challenges for publishers. The most obvious will be the need for co
Read moreTheatre advertising and events company First Artist Corporation danced higher today on news that Pivot Entertainment is investing $4m (£2.5m) via a subscription at 11p a share and a loan. An approach had been flagged in August, but rather than a takeover, the New York based entertainment marketing
Read moreLighthouse Group is selling its pension administration business to pension specialist Mattioli Woods for £1.85m. The book gain on the disposal is £1.2m. There should be a net cash inflow to the AIM-quoted IFA of £1.6m. The businesses made a small loss on revenues of £786,000 in 2009. The total ass
Read moreLONDON (Dow Jones)--First Artist Corporation PLC (FAN.LN) said Monday that Stoller Family Partners LP now has an interest of 2,000,000 ordinary shares in the Company, representing 6.676% of the issued share capital of the Company. -Shares at 0852 GMT up 0.5 pence, or 4.9%, at 10.8 pence. By
Read moreLuxury travel group Western & Oriental remains upbeat despite slumping into the red in the six months to March as it bore the brunt of a range of external problems. The poor state of the UK economy, airline industrial action and continuing riots in Thailand knocked revenue from £28.4m to £24.9m, w
Read moreSport and entertainment management group First Artist plans to raise about £1.37m and said it may sell its football business. It also announced the appointment of William Fitzpatrick as finance director with immediate effect. The group successfully placed 13.73m shares of 2.5p at 10p each, represe
Read moreSport and entertainment management group First Artist said its purchase of SpotCo, the US-based live entertainment advertising agency, has transformed the business, but the acquisition has a potential sting in the tail in the form of an unexpected tax liability. The group said it has recently beco
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