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News
Greencore Group Plc reports progressive improvement in revenue for Q4 FY20
October 06, 2020 06:29 AM AEDT| By Team Kalkine MediaGreencore Group Plc (LON: GNC) for the fourth quarter and year ended on 25 September 2020 has released a trading update. The company reported continuing progress in revenue along with adjusted EBITDA and cash generation for the fourth quar...
Sigma Capital Group Plc disposes of a completed and fully let development for around £5.9 million
October 06, 2020 06:11 AM AEDT| By Team Kalkine MediaSigma Capital Group Plc (LON: SGM) has sold a completed and fully let PRS development to The PRS REIT plc for a consideration of around £5.9 million. The company has presently 7 self-financed PRS sites under way at different developm...
Kosmos Energy Limited strengthens its liquidity position
October 06, 2020 06:10 AM AEDT| By Team Kalkine MediaKosmos Energy Limited (LON: KOS) has strengthened its liquidity position by the closing of $200 million Gulf of Mexico facility. The company reorganized its earlier revealed Gulf of Mexico prepayment provisions into a five-year $200 millio...
Diversified Gas & Oil Plc to identify and fund future PDP with Oaktree Capital Management
October 06, 2020 06:09 AM AEDT| By Team Kalkine MediaDiversified Gas & Oil Plc (LON: DGOC) is going to locate and fund future PDP with Oaktree Capital Management, L.P. The company has entered into a final sharing pact with funds managed by Oaktree Capital Management, L.P in this regard....
Norman Broadbent Plc buys remaining 25 percent of NBIM
October 06, 2020 06:07 AM AEDT| By Team Kalkine MediaNorman Broadbent Plc (LON: NBB), from Angela Hickmore will be acquiring 25 per cent of the outstanding minority interest of NBIM (Norman Broadbent Interim Management Limited). The acquisition is for a total consideration of £135k, pa...
Tufton Oceanic Assets Ltd increases its fleet count to 18 with the acquisition of two Product Tankers
October 06, 2020 06:06 AM AEDT| By Team Kalkine MediaTufton Oceanic Assets Ltd (LON: SHIP) has acquired two Product Tankers for $23.0 million. The acquisition of these tankers has increased Company's fleet to eighteen vessels from existing sixteen. There is a fixed rate time charters of 3 to...
5 Best UK Stocks to look for 2020 and beyond
October 05, 2020 11:25 PM AEDT| By Hina ChowdharySummary There are many fundamentally sound businesses who have been through various market cycles and remain firm Ocado, Future, Games Workshop, Avon Rubber, and Petropavlovsk have yielded triple-digit returns for investors in the last three ye.....
Covid: Spike In Cases In UK After PHE Admits Technical Error In Counting
October 05, 2020 11:12 PM AEDT| By Kunal SawhneySummary The United Kingdom recorded 22,961 new coronavirus cases on 4 October 2020 The cases skyrocketed because of a technical glitch admitted by the Public Health England The issue was immediately resolved overnight with the combined efforts.....
FTSE-100 index accelerated by 0.69%, led by rally seen in energy and technology stocks
October 05, 2020 11:11 PM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 46.25 points or 1.38 per cent higher at 3,394.69, Dow Jones Industrial Average Index expanded by 355.62 points or 1.28 per cent higher...
Job Entry Targeted Support Scheme: What is there in the new £238-mn scheme for job seekers?
October 05, 2020 10:55 PM AEDT| By Team Kalkine MediaThe UK Government has launched a new employment plan called the Job Entry Targeted Support (JETS) scheme on 5 October 2020 with an investment of £238 million. The scheme is targeted to help those workers who were rendered jobless during the p.....
Stenprop concludes the disposal of a retail park in Berlin
October 04, 2020 10:04 AM AEDT| By Team Kalkine MediaStenprop Ltd (LON: STP), the London-based real estate investment trust (REIT), has concluded the disposal of Berlin-based Neucolln Carree retail park. Earlier in July 2020, Stenprop announced the intent to sell its long leasehold i...
Stobart Group Limited releases trading update
October 04, 2020 10:00 AM AEDT| By Team Kalkine MediaStobart Group Limited (LON: STOB) has released a trading update ahead of its interim results for the six months to 31 August 2020. The company has stated that despite the challenging condition for the aviation sector, the London Southend A...
Ocado, Just Eat and Deliveroo Emerges as The Fastest Growing UK Brands
October 03, 2020 10:20 AM AEST| By Team Kalkine MediaSummary Since the outbreak of Covid-19, the consumer discretionary sector has grown exponentially In order to satisfy the consumer’s needs and demands, the food and grocery delivery market has come up with delivery apps Higher inclinatio.....
Vaalco to start processing new 3-D data, gives Q3 2020 production guidance
October 03, 2020 10:16 AM AEST| By Team Kalkine MediaVaalco Energy Inc. (LON: EGY), the Houston-headquartered hydrocarbon explorer, announced that the company is scheduled to start acquiring and processing the new three-dimensional (3-D) seismic data in Q4 2020. Vaalco has also provide...
Police Mutual becomes part of Royal London
October 03, 2020 10:12 AM AEST| By Team Kalkine MediaThe Royal London Mutual Insurance Society Ltd, the London-headquartered largest mutual insurer present in the UK, announced that it had added the Police Mutual Group to its business. The Royal London has obtained all the requisite approval...
Kingfisher disposes Castorama Russia to Maxidom
October 03, 2020 10:10 AM AEST| By Team Kalkine MediaKingfisher plc (LON: KGF), the London-headquartered home improvement retailer, announced the completion of Castorama Russia to the Russia-based Maxidon. Kingfisher has closed the deal for a comprehensive sum of £73 million or...
FTSE All-Share Index Surged by 0.32%; Fuller, Smith & Turner Share up 9.09%
October 02, 2020 11:11 PM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 41.20 points or 1.22 per cent lower at 3,339.60, Dow Jones Industrial Average Index contracted by 268.29 points or 0.96 per cent lower at 27,5...
Oakley Capital Investments Limited takes control of 7NXT GmbH
October 02, 2020 10:16 AM AEST| By Team Kalkine MediaOakley Capital Investments Limited (LON: OCI) through Oakley Capital Origin Fund has taken control of a majority stake in 7NXT GmbH. The acquisition has been made through the founder Crosslantic Capital and CEO Markan Karajica, who will co...
James Halstead Plc reports 5.7% decline in FY20 revenue
October 02, 2020 10:12 AM AEST| By Team Kalkine MediaJames Halstead Plc (LON: JHD) has released its audited results for the year ended 30 June 2020. Revenue of the company declined by 5.7 per cent to at £238.6 million as compared to £253.0 million for 2019. Profit before tax wit...
Path Investments Plc to acquire 25% stake in DT Ultravert
October 02, 2020 10:10 AM AEST| By Team Kalkine MediaPath Investments Plc (LON: PATH) has updated about the proposed acquisition of the patented proprietary technology, DT Ultravert. The company has entered into a binding agreement to acquire 25 per cent of the ownership of DT Ultravert from...
AI on the Rise: A Look at Top AI Companies and Their Stocks