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News
Avon Rubber Plc (LON: AVON) report 30.8% increase in revenue for FY20
December 02, 2020 08:52 PM AEDT| By Team Kalkine MediaAvon Rubber Plc (LON: AVON) has released its results for the year ended 30 September 2020. The company reported strong financial delivery with revenue growth of 30.8 per cent to £168.0 million as compared to £128.4 million in t...
Lastminute.com (LON: 0QT0) to refund more than £7 million for cancelled package holidays
December 02, 2020 08:50 PM AEDT| By Team Kalkine MediaHoliday firm Lastminute.com (LON: 0QT0) has decided to refund more than £7 million for the package holidays which were cancelled due to the Covid-19 crisis. The booking site will repay at least half of the customers by 16 December an...
Royal Mail Plc (LON: RMG) hike first- and second-class stamp prices
December 02, 2020 08:50 PM AEDT| By Team Kalkine MediaRoyal Mail Plc (LON: RMG) has raised the prices of its first-class and second-class stamp, effective 1 January. While the first-class stamp price has been increased by 9 pence to 85 pence, the second-class stamp has received a hike of 1 pe...
Debenhams goes into liquidation, to close after Christmas
December 02, 2020 08:48 PM AEDT| By Team Kalkine MediaIconic British department store group Debenhams is to be wound down after Christmas, putting 12,000 jobs at risk. Debenhams administrators FRP Advisory said that the company would be liquidated as it failed to find a buyer. The administra...
UK housing upbeat: Mortgage approvals reach a 13-year high
December 02, 2020 07:43 PM AEDT| By Kunal SawhneySummary The housing market has been one of the strongest performing UK sectors this year, after it reopened after the first lockdown in May Mortgage approvals in October reached a high value of 97,500 The primary reason for the rise in demand .....
This is how Travis Scott is making his millions
December 02, 2020 07:24 PM AEDT| By Edita IvancevicMost people would probably know Travis Scott as a hugely successful rapper, songwriter, record label owner, and last but not the least, Kylie Jenner's ex-partner. With his many talents, Mr Scott proves himself to be good at what he is doing, as he.....
UK First Nation To Approve Pfizer-BioNTech COVID-19 Vaccine, Roll Out ‘Next Week'
December 02, 2020 06:53 PM AEDT| By Team Kalkine MediaIn a major development, the United Kingdom on Wednesday became the first nation to approve the Pfizer-BioNTech vaccination for public use. The COVID-19 mRNA vaccine candidate will be rolled out from next week, informed UK health secretary Matt Hancoc...
BHP inks deal with Shell to power LNG carriers
December 02, 2020 02:07 PM AEDT| By Kunal SawhneyAs a pledge to reduce carbon emission, BHP (ASX:BHP), a global resource company with dual listing in the UK and Australia, has signed an agreement with Shell to fuel five LNG powered Newcastlemax bulk carriers. LNG powered carrier vessels which BH.....
Ether up 4x this year, all eyes on Ethereum 2.0
December 02, 2020 01:13 PM AEDT| By Kunal SawhneyWhile the most popular cryptocurrency bitcoin is soaring high nowadays, Ether, the world's second-biggest virtual currency by market value, is following the trend. It is up more than 4x this year. Since the beginning of the year, cryptocurrency has b...
2020’s Much-awaited Airbnb IPO Set to Launch In December!
December 02, 2020 01:09 PM AEDT| By Team Kalkine MediaThe famous home rental startup Airbnb Inc said on Tuesday that it intends to price its shares at USD 44 to USD 50 per share in its IPO, for a valuation of up to USD 34.8 billion in its initial public offering (IPO). The company is prepared to sell .....
Salesforce To Acquire Slack Technologies, Signs Definitive Agreement
December 02, 2020 12:20 PM AEDT| By Team Kalkine MediaOne of the most-awaited tech deals of the year is finally through. Salesforce.com (NYSE:CRM) has acquired communications platform Slack Technologies, Inc. (NYSE:WORK) for US$ 27.7 billion, making it the eighth-largest M&A deal in tech industry....
OPEC+ Delays Production Cut Decision, November Rally Halts
December 02, 2020 11:49 AM AEDT| By Team Kalkine MediaThe crude oil market finally hits a limbo with prices of Brent futures struggling around USD 50 mark to trade in a range from USD 49.00 per barrel to USD 48.00 per barrel after showing an immense recovery. Image Source: © Kalkine Group 2020...
UK and US Markets’ Accelerated on Vaccine Hopes; FTSE 100 Zoomed by 1.89%
December 02, 2020 10:42 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 50.74 points or 1.40 per cent higher at 3,672.37, Dow Jones Industrial Average Index increased by 416.65 points or 1.41 per cent higher at 3...
Iomart Group Plc (LON: IOM) report a modest 2% increase in revenue for H1 2020
December 02, 2020 03:27 AM AEDT| By Team Kalkine MediaIomart Group Plc (LON: IOM) has released its half yearly results for the period ended 30 September 2020. Revenue for the period was up by a modest 2 per cent to £56.3 million as compared to £55.1 million for H1 2020. The contri...
Grafton Group Plc (LON: GFTU) acquires AVC (StairBox) Ltd
December 02, 2020 03:27 AM AEDT| By Team Kalkine MediaGrafton Group Plc (LON: GFTU) has acquired an industry leading UK manufacturer and distributor of bespoke wooden staircases, AVC (StairBox) Ltd. The acquisition is for a consideration of £44 million on a cash and debt-free basis. It...
Tekmar Group Plc (LON: TGP) report revenue decline to £15.2 million in H1 2021
December 02, 2020 03:26 AM AEDT| By Team Kalkine MediaTekmar Group Plc (LON: TGP) has released its half-year results for the six months ended 30 September 2020. Revenue of the company in the reported period declined to £15.2 million as compared to £17.1 million reported in H1 2020...
Pets At Home (LON: PETS) disposes of five Specialist Group
December 02, 2020 03:26 AM AEDT| By Team Kalkine MediaPets At Home Group Plc (LON: PETS) has disposed of its five Specialist referral practices group. The disposal for a cash consideration of up to £100 million has been done to Linnaeus Group, a subsidiary of Mars Veterinary Health. Th...
Neil Woodford's investors to get the fourth tranche of payouts in December
December 02, 2020 03:25 AM AEDT| By Team Kalkine MediaInvestors trapped in Neil Woodford's defunct Equity Income fund can expect a further payment next month. Link Fund Solutions, acting as an authorised corporate director to the fund, has completed the sale of some of the fund's assets to Ac...
EasyJet Plc (LON: EZJ) to provide a cheaper and easier COVID-19 test to its customers
December 02, 2020 03:25 AM AEDT| By Team Kalkine MediaLow-cost British airline EasyJet Plc (LON: EZJ) is providing cheaper and easier testing options to its passengers. The airline has collaborated with two testing firms, Confirm Testing and City Doc to provide COVID-19 test for as low as &po...
OptiGene’s ‘No-swab’ coronavirus test found to be highly sensitive
December 01, 2020 10:57 PM AEDT| By Team Kalkine MediaAn evaluation of OptiGene’s RT-LAMP Covid-19 tests carried out by NHS trusts and universities has confirmed its high sensitivity to the virus. The British government has also confirmed that the technical and clinical assessment of the tests wer...
AI on the Rise: A Look at Top AI Companies and Their Stocks