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Wed, 01st Aug 2018 13:08
LONDON (Alliance News) - Staffline Group PLC said Wednesday Bank of America Corp has lowered its stake in the company to below the notifiable threshold.
Prior to the transaction, the financial services company held a 5.1% holding in the recruitment company.
Staffline shares were flat at 1,092.00 pence each on Wednesday afternoon.
(ShareCast News) - Staffing services and outsourcing group Staffline posted a rise in first-half pre-tax profit as revenue grew and the company said it has seen no signs that Brexit is affecting demand for its services. For the six months ended 30 June, underlying pre-tax profit was up 50.5% to £15.
Read more(ShareCast News) - Depending on whether the UK finally decided to 'Remain' or 'Leave' then different London-listed securities were likelier to 'outperform' their respective sectors, Liberum said. The broker's 'top-picks' under a 'Remain', 'Leave' and 'Either way' scenario were, ITV, Wolseley and Bal
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