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MWGMon, 17th Oct 2016 10:54
Property fund manager Capital & Regional reports valuations in the UK fund businesses, particularly in retail warehouses, are trending higher in the fourth quarter. This reflects the strength of the investment market which is likely for the balance of this year to outweigh pressure on income. C&R
Read moreThe Centers for Disease Control and Prevention (CDC) issued new guidelines for the use of antivirals in the treatment of flu on Tuesday, which should boost revenues drugs giant GlaxoSmithKline (GSK) receives from its Relenza flu treatment. The ruling that Tamiflu and Relenza should promptly be give
Read moreHouse broker KBC Peel Hunt has upped its price target for Modern Water after the desalination firm's interim results. The broker has raised its fair value for Modern Water Group (MWG) shares from 69p to 77p and reiterated its 'buy' recommendation. 'MWG's previous undervaluation, where it traded at
Read moreInterim losses at desalination firm Modern Water widened but the group says it is well positioned to deliver progress in the coming months. Loss on ordinary activities before income tax swelled to £2.1m during the six months ended 30 June 2009 compared to a loss of £1.1m the same period a year ear
Read moreRM has diversified into educational software, electronic whiteboards and other educational devices. It has also moved into US markets, where penetration of items such as fully electronic whiteboards is much lower than in the UK. The company has net cash of around £4m, with about £12 in the bank. Th
Read moreModern Water said its plant in Gibraltar, which uses the company’s desalination technology, is performing ahead of expectations. The water technologies group’s Gibraltar plant has been supplying water directly into Gibraltar’s potable water distribution system since May 2009, and the quality of th
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