Precision engineer 600 Group has won more time to continue talks with China's Qingdao D&D Investment Group about a potential takeover offer. The group said the Takeover Panel had extended a deadline for Qingdao to announce a firm plan to bid for 600 Group, or to pull out, from 17:00 GMT today to Ja
Read moreJunior-listed AIM shares advance 1.1 percent, outperforming the wider market, with the blue chips off 0.1 percent, and the mid-caps 0.3 percent firmer. Engineer 600 Group jumps more than 7 percent after it receives an approach from Qingdao D&D Investment Group, with traders pointing to the
Read moreMachine tools business 600 Group says it was hamstrung by the performance of its European operations in the full year to the end of March but has now cut the fat, and raised money to fund investment. In the 12 months to March 31st continuing revenues increased 8.1% to £39.39m but the business turne
Read more600 Group, a diversified engineering firm, has sold the entire share capital of 600 South Africa after the conditional contract was approved. The operations, which were sold due to difficulties that were being experienced in repatriating net operating income to the parent company, was sold to Eqst
Read moreEngineering firm 600 Group remains cautious in its outlook despite making a good recovery in the past year. The company moved firmly into the black, with pre-tax profit in the 52 weeks to 2 April of £3.58m, versus a loss of £8.72m the year before, after tough market conditions eased over the year
Read moreArm Holdings super-smart chips drive almost every smartphone on the market and its reach is now expanding well beyond advanced mobile phones. The stock trades on a huge multiple, which KBC Peel Hunt estimates at 54 times its estimated earnings for 2011. The Independent has Arm as one of its stock p
Read more