Rothermere wins battle to take Daily Mail owner private December 16, 2021 The Rothermere family won its latest battle to take the publisher of the Daily Mail and Mail on Sunday private after the owners of 57 per cent of the shares backed their recommended offer.
Bitcoin recovers some losses, but markets still look sluggish December 15, 2021 After a laboured start to the week, Bitcoin has recovered some losses from Monday. It's currently up three per cent on this time yesterday.
When clickbait becomes investor bait: LadBible makes strong debut on AIM with £360m market cap December 15, 2021 Digital youth publisher LBG Media, also known as LadBible, started a successful day of trading on the London Stock Exchange's AIM market today, with shares already climbing to 195p by midday.
Rentokil’s shares plummet 13 per cent after pricey £5bn US expansion deal December 14, 2021 Rentokil's sahres have nosedived following a pricey acquisition of Terminix Global as it looks to swarm the US pest control market.
Crypto markets fall again ahead of possible US rates rise December 14, 2021 Bitcoin slipped to a low of $45,000 on Monday, down almost 10 per cent from its weekend highs of more than $50k.
Travel sector and real estate lead FTSE firms through second year of bumper capital raises December 14, 2021 UK listed companies have raised £24.7bn new capital from investors in a strong second year of cash calls, as firms spent another twelve months prioritising their Covid recovery. FTSE companies raised more than £12bn of that in the second half of the year to November, as record low interest rates saw investors more willing to [...]
Costain’s shares plummet after it announces whopping £53.5m National Grid payment December 13, 2021 Costain's shares dropped 7.64 per cent after it announced an eye-watering £53.5m payment after a dispute over a gas station contract with National Grid.
Fund manager Jupiter gets ready to fend off bids worth £1.3bn December 11, 2021 Jupiter fund manager is enlisting advisory help in preparation of takeover bids, as dealmaking activity across the industry reaches fever pitch, according to Sky News, which first reported the news. The asset manager has hired advisory firm Robey Warshaw to come up with a plan to fend off prospective bidders eyeing up the FTSE-250 company, [...]
Cryptocurrency continues to knock on the door of fiat, but those in power still refuse to open it December 10, 2021 It’s been another week of red for Bitcoin and, well, pretty much all of the other cryptos, writes Jason Deane.
MADE revises down revenue forecast amid ‘significant’ supply chain struggles December 9, 2021 Home retailer MADE has revised down its revenue guidance as it battles the “significant” supply chain disruptions that have hit most industries. It has also warned investors of a potential £12m to £15m loss in adjusted earnings, which it expects to recover next year. The news prompted shareholders to pile out of the stock, leaving [...]