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Kingfisher disposes Castorama Russia to Maxidom
October 03, 2020 01:10 AM BST| 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 02:11 PM BST| 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 01:16 AM BST| 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 01:12 AM BST| 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 01:10 AM BST| 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...
SMMT’s “Safe Harbor Scheme” To Secure Auto Industry Supply Chains Ahead of EU Pullout
October 02, 2020 01:10 AM BST| By Kunal SawhneyThe Society for Motor Manufacturers and Traders (SMMT) in the United Kingdom has launched a major initiative to address one of the major issues concerning the automobile industry currently, called the "Safe harbour Scheme" it seeks to address the p.....
JPMorgan pays $920 Million to settle the US Justice Department and CFTC Probe
October 02, 2020 01:00 AM BST| By Team Kalkine MediaOne of the largest banks in the United States, JP Morgan Chase was found engaged in placing manipulative trades in the secondary market, which consists of futures tied to precious metals and Treasury bonds. JP Morgan has been asked to pay a fine of.....
Boohoo and Shell earnings report: What does it say about the state of affairs?
October 01, 2020 09:38 PM BST| By Team Kalkine MediaSummary Boohoo Group announced its interim results for the six-month period that ended on 31 August 2020. The group revenue rose by 44 per cent as compared to H1 2019. The British online fashion firm believes that it remained strongly placed fo.....
Both Donald And Melania Trump Tested Positive For Coronavirus
October 01, 2020 08:20 PM BST| By Team Kalkine MediaIn his most recent tweet, the US President Donald J. Trump announced that both him and his wife Melania Trump contracted COVID-19. After Mr Trump’s close adviser Hope Hicks revealed her positive coronavirus test, the President revealed that .....
PCF Group Plc witnesses an increasing market share in H1 FY20
October 01, 2020 07:37 PM BST| By Team Kalkine MediaPCF Group Plc (LON: PCF) has released a trading update for the second half of the financial year ending 30 September 2020. The group reported that during the reported period, PCF Bank proved itself operationally and financially resilient a...
Etalon Group Plc delivers Schastye na Sokole project
October 01, 2020 07:36 PM BST| By Team Kalkine MediaEtalon Group Plc (LON: ETLN) has delivered the Schastye na Sokole project, located in the northern administrative district of Moscow. The project from one of Russia's largest development and construction companies features a shared gallery...
Britvic Plc’s hands over juice assets in France to Refresco
October 01, 2020 07:36 PM BST| By Team Kalkine MediaBritvic Plc (LON: BVIC) has completed the sale of France located juice properties to Refresco, which apart from a Fruit brand also includes the three juice manufacturing sites and the related private label juice business. The company has r...
McCarthy & Stone Plc partners Anchor Hanover for a range of 'affordable for all' housing
October 01, 2020 07:35 PM BST| By Team Kalkine MediaMcCarthy & Stone Plc partners Anchor Hanover for a range of 'affordable for all' housing McCarthy & Stone Plc (LON: MCS), has entered a development partnership with England’s largest not-for-profit provider of specialist housing, Ancho...
Immotion Group Plc launches 'Let's Explore Oceans' Mega Pack
October 01, 2020 07:34 PM BST| By Team Kalkine MediaImmotion Group Plc (LON: IMMO), an entertainment group has launched its brand new 'in-home' product, the 'Let's Explore Oceans' Mega Pack. The new offering of the company is a complete boxed solution. It includes carry case, holographic cu...
Sportech Plc enters a multi-year licensing and services contract with Tote Group
October 01, 2020 07:34 PM BST| By Team Kalkine MediaSportech Plc (LON: SPO) has entered into a new multi-year licensing and services contract with UK Tote Group. As per the terms of the agreement, there will be continued delivery of pools betting technologies and services via company’...
Yield and Liquidity Farming - Tools to Generate Alpha in the Crypto Space
October 02, 2020 03:55 AM AEST| By Team Kalkine MediaDeFi or decentralised finance is the new talk of the town with the disruptive application of the blockchain technology keeping the cryptocurrency ablaze in the market. Blockchain technology is behind almost every DeFi application in the market place...
Breather for Debt-Driven Consumers With FCA In The Picture
October 01, 2020 02:22 PM BST| By Team Kalkine MediaSummary The British economy showed signs of gradual recovery once the lockdown was eased. But the impending virus outbreak has severely impacted the economic growth across the globe. Though in the initial stage of the pandemic, banks were not .....
UK Markets Ended in Green on Hopes of Additional US Stimulus; Halfords Group Share up 31.48%
October 01, 2020 02:11 PM BST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 18.40 points or 0.55 per cent higher at 3,381.40, Dow Jones Industrial Average Index expanded by 104.32 points or 0.38 per cent higher at 27...
AstraZeneca Share Price Topples as FDA Widens its Inquiry on COVID-19 Vaccine
October 01, 2020 03:00 AM BST| By Team Kalkine MediaShare price of British-Swedish multinational pharma and biotech company AstraZeneca Plc (LON:AZN) tumbled by 0.56% to close the market at US$54.80 on 30 September 2020. The U.S. Food and Drug Administration (FDA) is still to give approval to Astra.....
Studio Retail Group Plc reports strong retail performance for H1
September 30, 2020 07:57 PM BST| By Team Kalkine MediaStudio Retail Group Plc (LON: STU) has released its results for the first 26 weeks of the financial year. The company has reported strong retail performance driven by the strength of its online offer and has reported 39 per cent product sa...
