** Law firm Slater and Gordon Ltd's shares rise as much as 5 pct, reaching year-high ** Executes agreement to buy Quindell PLC's professional services division ** Confirms its FY15 guidance for existing operations ** Stock third-largest percentage gainer on ASX All Autralian 20
Read moreShares in Quindell were temporarily suspended on Wednesday before the company issued a statement confirming its offloaded professional services arm had contributed a larger proportion of group profits than previously stated. On Monday the AIM-listed group confirmed it had sold the professional servi
Read more** 3 of the 4 hedge funds holding significant short positions (>0.5%) on Quindell cut their shorts on the stock to less than 0.3% after co agreed to sell its Professional Services Division (PSD)on March 30 ** FCA data as of the close on Mar 30 shows Ennismore Fund Management's net short on
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Read moreLondon's Footsie managed to hold on to gains by the close on Monday, snapping a four-day losing streak, as hopes for stimulus in China and strong economic data gave sentiment a boost. The FTSE 100 finished up 0.53% at 6,891.43, though it remains well below its record closing high of 7,037.67 reached
Read moreUK stocks were in positive territory on Monday for the first time in five days as speculation about stimulus in China buoyed sentiment. Positive economic data also helped the mood in London, with UK mortgage approvals and Eurozone consumer confidence rising more than expected. The FTSE 100 was up 0
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