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PMRThu, 22nd Sep 2016 10:56
There is very little movement so far this morning among London's blue chips despite a dip overnight in Asia as investors fretted about metal prices. Oil shares in contrast are strong this morning as the price of crude rose to $79 on the prospect of a very cold US winter and rising longer term deman
Read moreStockbroker Panmure Gordon is looking to hire again in the US adding that momentum built up in equity markets towards the end of 2009 has continued. "In the US, business conditions have remained difficult. We are now seeing signs of an improvement. ThinkEquity is well placed to benefit from a recov
Read moreFizzy drinks maker Britvic's chief executive and finance director have taken up shares and sold the share options for a second day running. The latest sales are of shares acquired under the Britvic Performance Share Plan at no cost. Chief executive Paul Moody was awarded 84,694 shares and sold 34,
Read moreKraft, the American food company, is poised to initiate a hostile takeover bid for Cadbury today at or slightly above the offer it made in September, which valued the British confectioner at £10.2bn, according to a person familiar with the deal. Last night Kraft was finalising plans to go directly
Read moreStockbroker Panmure Gordon today confirmed non-executive chairman Tony Caplin has resigned to pursue other business interests. Panmure's board will start a formal process to appoint a new non-executive chairman. In the meantime Simon Heale, an existing non-executive director, will assume the role
Read moreMarketing software provider Smartfocus moved into the black in the six months to June 30 as big name customers such as Sony, Betfair and Virgin Games continued seeking to harness digital technology as a means to market their products. Pre-tax profits totalled £200,000, compared with a loss of £600,
Read moreAdvanced Computer Software has raised £43.75m through a placing at 30p per share. The cash will help fund acquisitions keen to become the leading consolidator in the primary care IT market. ACS has identified further complementary businesses to acquire and the funds raised in the placing will ena
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