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Why are AstraZeneca and Pfizer Share Price Under Investors’ Radar?
September 15, 2020 08:28 AM BST| By Team Kalkine MediaThe COVID-19 storm that has created havoc in the world, is not showing any signs of abating with the world witnessing an ongoing increase in the number of new cases daily. According to the WHO (World Health Organization), globally, there have been .....
TikTok’s US operations to go Oracle way as Microsoft bid fails
September 15, 2020 05:18 AM BST| By Team Kalkine MediaThe week commenced on a good note for Oracle Corporation, ahead of the 20 September 2020 deadline for the deal to be closed by ByteDance. The Trump administration had threatened to ban TikTok by 20 September 2020 following the issuance of the exec.....
There Could Be A €110 Billion ‘No Deal’ Brexit Catastrophe For the EU-UK Carmakers
September 14, 2020 02:11 PM BST| By Team Kalkine MediaThe coronavirus pandemic has devastated the automobile sector. The lockdown induced by the coronavirus led to a steep decline in sales of cars. Though as soon as the lockdown was lifted by the British government, the sector witnessed the release of.....
Bank Of England Could Keep The Interest Rate Unchanged
September 14, 2020 02:11 PM BST| By Kunal SawhneyThe Bank of England (BoE) is expected to leave the interest rates untouched at 0.1 per cent as the British economy is moving on a slow but steady path to economic recovery. The next review of the interest rates is due on Thursday 17 September 2020 .....
FTSE-250 Index Ended in Green; G4S Share Price Surged by 25.05%
September 14, 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 55.63 points or 1.67 per cent higher at 3,396.60, Dow Jones Industrial Average Index expanded by 354.53 points or 1.28 per cent higher at 28...
SoftBank sheds assets, is it getting ready to go private?
September 14, 2020 11:44 AM BST| By Team Kalkine MediaSoftBank Group Corp. (TYO:9984) share price surged 8.96% to settle the day at $6,385 on 14 September after the Company announced that it entered into an agreement to sell British chip designer Arm Holdings to Nvidia Corporation, ending SoftBank&rsq.....
Brighton Pier Group Plc reports better than expected revenue from the phased re-opening
September 14, 2020 11:08 AM BST| By Team Kalkine MediaBrighton Pier Group Plc (The) (LON: PIER) has released an update on trading, resulting from the phased re-opening of the businesses after the ease in government restrictions. The trading of the group for the period from 4 July to the 6 Sep...
Bluebird Merchant Ventures Limited updates on JV agreement
September 14, 2020 11:06 AM BST| By Team Kalkine MediaBluebird Merchant Ventures Limited (LON: BMV) has come up with a JV (Joint Venture) update with regards to the South Korean Projects. Earlier, on 3 August 2020 the company had announced that it had 45 days to present an offer to Southern G...
Supermarket Income REIT Plc buys Bracknell based Tesco supermarket
September 14, 2020 11:04 AM BST| By Team Kalkine MediaSupermarket Income REIT Plc (LON: SUPR) has acquired a Tesco supermarket in Bracknell from a client of CBRE Global Investors. The acquisition cost of £39.5 million (excluding acquisition costs), reflects a net initial yield of 5.7 pe...
Medica Group Plc reports a 22.7% decline in H1 2020 revenue
September 14, 2020 11:02 AM BST| By Team Kalkine MediaMedica Group Plc (LON: MGP) has released its results for the six months ended 30 June 2020. The revenue of the company declined by 22.7 per cent £16,981k as compared to £21,978k for the Six months to 30 June 2019. Adjusted ope...
CLS Holdings Plc to acquire three office properties
September 14, 2020 11:00 AM BST| By Team Kalkine MediaCLS Holdings Plc (LON: CLI) is going acquire three office properties in Greater London and the South East and has exchanged contracts for the same. The acquisition for the properties is for £59.71 million, excluding costs from Aviva...
China’s Exports Show Striking Growth Momentum While Imports Topple Amid Escalated Tensions
September 14, 2020 05:34 AM BST| By Team Kalkine MediaChina’s hegemonic appetite serving as a major factor seems to have exacerbated the bitterness of its relationship with several nations. Despite its growing tensions with several economies, China’s trade scenario seems to ride out the st.....
Fletcher King Plc reports revenue of £2,616,000 for FY 2020
September 14, 2020 02:10 AM BST| By Team Kalkine MediaFletcher King Plc (LON: FLK) has released its results the year ending 30th April 2020. Revenue of the company for the year stood at £2,616,000, lower as compared to £3,053,000 in 2019. Adjusted profit before tax was £243...
UK Economy On The Path To Recovery: July Shows 6.6% Growth
September 13, 2020 02:00 PM BST| By Team Kalkine MediaThe British economy grew by 6.6 per cent in the month of July 2020, according to the latest government statistics. This is the third consecutive rise in monthly growth of the nation’s economic output, after June (8.7 per cent) and May (2.4 pe.....
Baron Oil Plc’s net loss after finance costs and tax stood at £703,000 for H1 2020
September 13, 2020 01:08 AM BST| By Team Kalkine MediaBaron Oil Plc (LON: BOIL) has released its results for the six months ended 30 June 2020. The company reported a net loss after finance costs and tax of £703,000 as compared to a net loss of £307,000 for the period ended 30 Jun...
Sound Energy Plc reduces administrative expenses by 57% for H1 2020
September 13, 2020 01:06 AM BST| By Team Kalkine MediaSound Energy Plc (LON: SOU) has released its half-year report for the period ended 30 June 2020. The company reported a structural reduction in administrative expenses by 57 per cent as compared with H1 2019. The company completed the Equ...
British American Tobacco Plc appoints Karen Guerra as Non-Executive Director
September 13, 2020 01:02 AM BST| By Team Kalkine MediaBritish American Tobacco Plc (LON: BATS) has informed about directorate change in the company. The company has appointed Karen Guerra as an Independent Non-Executive Director and member of the Nominations and Remuneration Committees. Kare...
J O Hambro Capital Management Ltd updates on LoI to SDL Plc
September 13, 2020 01:00 AM BST| By Team Kalkine MediaJ O Hambro Capital Management Ltd has updated about the Letter of Intent (LoI) to SDL Plc (LON: SDL). The company had provided a non-binding LoI to SDL Plc for 2,902,289 ordinary shares. It has updated that after disposal it no longer pla...
Aviva Plc to sell a majority shareholding in Aviva Singapore
September 12, 2020 07:28 PM BST| By Team Kalkine MediaAviva Plc (LON: AV.) has decided to sell its major shareholding in Aviva Singapore to a group of different companies led by Singapore Life Ltd. As per the sale consideration, Aviva will receive SGD 2.7 billion or £1.6 billion, includ...
Rio Tinto Plc make changes to Executive Committee
September 12, 2020 07:27 PM BST| By Team Kalkine MediaRio Tinto Plc (LON: RIO) has made changes to the Executive Committee in response to the destruction of the Juukan rockshelters in May 2020. Executive Director and Chief Executive of the Group, J-S Jacques has decided to step down by the mu...
