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Debenhams bidders get two days deadline. | Kalkine Market Update UK |
October 27, 2020 09:40 PM AEDT| By Team Kalkine MediaMike Ashley’s Frasers Group (LON: FRAS) has been given two days’ time till Wednesday to make a commitment for the ailing retailer Debenhams or walk away. Ashley, the potential suiter of Debenhams had offered £125 million ($162millio...
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Getting back ASDA to UK Ownership.
October 27, 2020 07:50 PM AEDT| By Team Kalkine MediaIssa brothers along with private equity firm TDR Capital wins the bid to buy ASDA, the UK’s third-largest supermarket chain from Walmart, and putting the total value of the Company at £6.8 billion. The Vice-Chancellor, Rishi Sunak, welcom...
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The current volatile scenario and the trajectory of the UK’s IPO Market.
October 27, 2020 05:30 PM AEDT| By Team Kalkine MediaThe dynamics of the UK IPO market has changed fundamentally in 2020. The listings on the LSE were almost stalled between March 2020 and June 2020. So far this year, around 17 new listings have been made in the UK Main Market (10 listings) and AIM ma...
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Royal Mail Plc to hire 33,000 temporary staffs for the Christmas period | Kalkine Market Update UK |
October 26, 2020 09:29 PM AEDT| By Team Kalkine MediaRoyal Mail Plc (RMG) is going to hire a record 33,000 additional workers for the Christmas period. The numbers of temporary, seasonal hiring are two-thirds more than the usual 15,000 to 23,000 staff it hires during October and January. Rio Tinto Plc...
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Sensyne Health Plc collaborates with Bristol Myers Squibb. | Kalkine Market Update UK |
October 23, 2020 09:03 PM AEDT| By Team Kalkine MediaSensyne Health Plc (LON: SENS) has entered a research collaboration agreement with Bristol Myers Squibb. The collaboration for which no financial terms have been disclosed will focus on applying the company’s proprietary machine learning to con...
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Decent performance seen in the UK housing market, while the public debt continues to zoom.
October 23, 2020 06:19 PM AEDT| By Team Kalkine MediaThe recent official data reported by the Office for National Statistics highlighted that the housing prices in the UK expanded by 2.5% year on year in August 2020. The average house prices in the UK peaked at £239,000 in August 2020 that was cl...
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Toople Plc wins new contract with existing client | Kalkine Market Update UK |
October 22, 2020 11:47 PM AEDT| By Team Kalkine MediaToople Plc (LON: TOOP), a bespoke telecom service provider has won a new contract for selling a range of new IP cloud-based services to an existing client in a three-year (36 month) extension to the existing agreement. The contract was originally ent...
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Royal Mail to collect parcels from the doorstep for the first time in history. | UK |
October 21, 2020 11:30 PM AEDT| By Team Kalkine MediaRoyal Mail Plc’s (LON: RMG) postal workers for the first time will collect parcels from the doorstep. Under the new parcel collect service, during Monday to Saturday postal workers will collect up to five items per customer per day, for a spec...
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Valeura energy Inc. to sell shallow conventional assets. | Kalkine market update UK |
October 20, 2020 10:53 PM AEDT| By Team Kalkine MediaValeura Energy Inc. (LON: VLU) will be selling its producing shallow conventional gas business to TBNG Limited and has executed a SPA (Share Purchase Agreement) for that. The SPA is for a cash consideration of USD15.5 million, along with royalty pay...
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Valeura energy Inc. to sell shallow conventional assets. | Kalkine market update UK |
October 20, 2020 10:28 PM AEDT| By Team Kalkine MediaValeura Energy Inc. (LON: VLU) will be selling its producing shallow conventional gas business to TBNG Limited and has executed a SPA (Share Purchase Agreement) for that. The SPA is for a cash consideration of USD15.5 million, along with royalty pay...
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Lookers PLC reports better than expected results for Q3 2020 | UK |
October 19, 2020 08:57 PM AEDT| By Team Kalkine MediaLookers Plc (LON: LOOK) has released its trading and operational update for the third quarter ended 30 September 2020. The Group's trading for the reported period remained better than expected, though LFL (Like-for-like) retail operating costs were...
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GCM Resources Plc signs a framework agreement; stocks surge over 102% | UK |
October 16, 2020 10:40 PM AEDT| By Team Kalkine MediaGCM Resources Plc (LON: GCM) has signed a framework agreement with China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd. The contract, which is valid for 12 months is related to the Company's world-class 572 million tonnes,...
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Bluerock diamonds shows record volumes in Q3 | Kalkine Market Update UK |
October 15, 2020 10:08 PM AEDT| By Team Kalkine MediaBlueRock Diamonds Plc (LON: BRD), the Berkshire-headquartered diamond producer, provided an update with regard to the volumes and grades for the third quarter of 2020. BlueRock Diamonds’ production has registered record volumes and grades in th...
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Actual Experience Plc signs 3-year framework extension with Proquire | Kalkine Market Update UK |
October 14, 2020 06:45 PM AEDT| By Team Kalkine MediaActual Experience Plc (LON: ACT) has signed a 3-year extension of its framework agreement with the procurement arm of Accenture Plc, Proquire. The extension of the framework agreement is an outcome of the recent development of its new HXM (Human Expe...
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Induction Healthcare Group Plc forms strategic alliance with Cerner Corporation | UK |
October 13, 2020 09:37 PM AEDT| By Team Kalkine MediaInduction Healthcare Group Plc (LON: INHC) has entered into a strategic alliance with Cerner Corporation. The two companies will develop a joint patient engagement solution to help NHS trusts deliver an easier, faster, and more effective service for...
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Craven House Capital Plc completes the restructuring and payment of special dividend | UK |
October 12, 2020 09:42 PM AEDT| By Team Kalkine MediaCraven House Capital Plc (LON: CRV), an investment company has released a trading update. The company reported that it has successfully completed the restructuring and payment of a special dividend approved by the shareholders in the general meeting....
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Hurricane Energy PLC reports lower oil production for the third quarter. | Kalkine Media Update UK |
October 09, 2020 10:17 AM AEDT| By Team Kalkine Mediahurricane energy sharesPLC (LON: HUR) has released an operational and corporate update for the third quarter of 2020. In the reported third quarter, the company’s oil production was lower at an average rate of 13.6k bopd, as compared to 14,300...
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Cambridge Cognition Holdings PLC bags new contract worth £750,000 | Kalkine Market Update UK |
October 08, 2020 10:42 PM AEDT| By Team Kalkine MediaCambridge Cognition Holdings Plc (LON: COG) has bagged a new deal for delivering cognitive tests and eCOA for an Alzheimer's trial. The trials of Alzheimer's have seen substantial disappointments in the past some years, hence this pharma client of th...
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UK Pub restaurant bonds sync on new round of COVID-19 terms. Here is what you need to know.
October 08, 2020 08:18 PM AEDT| By Team Kalkine MediaImpact on bond yield from the UK government’s measures: The value of the bonds issued by the companies in the restaurant and entertainment business in the UK has lost the flicker after the new restrictions imposed by the UK government. The go...
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Thousands of jobs at risk as cineworld closes UK and US Screens.
October 08, 2020 08:09 PM AEDT| By Team Kalkine MediaThe Companies operating the movie theatres had to shut down business during the lockdown; however, the recent reopening of the theatres didn’t add much relief as the studios pulled movies from release or postponed the release date. The movie th...
AI on the Rise: A Look at Top AI Companies and Their Stocks