Consumer
Hornby takes steps to solidify reserves with director's share acquisition
November 25, 2024 10:21 AM GMT| By Team Kalkine MediaHighlights:,Hornby strengthens its financial position through a share transaction involving CFO Kirstie Gould.,The company has agreed to sell its subsidiary, LCD Enterprises Limited, to EKD Enterprises Limited for £1.38 million.,Hornby repurchases sh...
London pre-open: Markets set for higher opening; Kingfisher revises profit guidance
November 25, 2024 10:09 AM GMT| By Team Kalkine MediaHighlights:,FTSE 100 set to open higher after a strong close last week.,Key retail sales data and business confidence figures to be released this week.,Anglo American and AstraZeneca announce significant corporate developments.,London stocks are set...
Financial backing has been provided by lenders for Boohoo’s fundraising plan
November 25, 2024 09:25 AM GMT| By Team Kalkine MediaHighlights:,Boohoo Group receives lender consent for its share issue to raise up to £39.3 million.,The fundraising is contingent on the placing agreement becoming unconditional and admission to the London Stock Exchange.,New shares will begin trading...
New collaborations in fashion design have been established by Boohoo to bring fresh collections to its market.
November 25, 2024 08:27 AM GMT| By Team Kalkine MediaHighlights:,Kingfisher adjusts full-year profit forecasts following flat Q3 performance.,Anglo American finalizes sale of steelmaking coal business as part of strategy shift.,boohoo secures lender consent for fundraising amid shareholder tensions.,As...
Pulsar Helium Partners with Send My Stuff To Space Ltd to Support STEM Students
November 22, 2024 05:27 PM GMT| By Team Kalkine MediaHighlights,Partnership:,Pulsar Helium has partnered with Send My Stuff To Space Ltd (SMSTS) to support STEM students through the Pulsar Scholars initiative.,Pulsar Scholars Program:,The initiative provides quarterly bursaries of USD $2,500 to help st...
DX Group Acquires Express Freight to Expand Freight Division
November 22, 2024 05:25 PM GMT| By Team Kalkine MediaHighlights,Acquisition:,DX has acquired Express Freight, a leading Northern Ireland-based provider of pallet, parcel, and general freight services.,Express Freight Overview:,A family-owned business with over 50 years of successful trading. The compan...
MHP SE Reports Resilience Amidst War and 62% growth in revenue in Q3 2024
November 22, 2024 04:08 PM GMT| By Team Kalkine MediaHighlights,Revenue growth:,Q3 2024 revenue up 5% year-on-year to US$ 773 million.,Profit growth:,Operating profit up 62%, with net profit rising to US$ 96 million.,Resilience during war:,MHP adapts to wartime conditions, despite ongoing challenges in...
Media Concierge Proposes £56.2 Million Acquisition of National World Shares
November 22, 2024 04:01 PM GMT| By Team Kalkine MediaHighlights,Proposal at 21 pence per share:,Offers a significant cash premium to National World’s recent share prices.,£56.2 million valuation:,Represents a 40% premium to the closing price on November 21, 2024.,Call for engagement:,Media Concierge pr...
Vistry COO Departure, Laing Promotion, a Start-Up and Other People Moves
November 22, 2024 09:57 AM GMT| By Team Kalkine MediaHighlights:,Two industry leaders have made significant board-level changes to strengthen their leadership teams.,Vistry announced the departure of Earl Sibley, following the removal of his role as COO.,Strategic shifts in leadership roles demonstrate...
Cairn Homes Plc Has Engaged in a Transaction of Own Shares
November 22, 2024 09:39 AM GMT| By Team Kalkine MediaHighlights:,Cairn Homes PLC purchases a total of 300,000 ordinary shares under its ongoing share buyback program.,The shares were repurchased on both Euronext Dublin and the London Stock Exchange through broker Numis Securities Ltd (trading as Deutsc...
J Sainsbury (LON:SBRY) Retains "House Stock" Rating from Shore Capital
November 22, 2024 09:30 AM GMT| By Team Kalkine MediaHighlights,Shore Capital reaffirmed its "house stock" rating for J Sainsbury SBRY.,The stock opened at GBX 250.80 on Friday, reflecting steady performance metrics.,Key financial indicators include a £5.84 billion market cap and a stable 12-month rang...
J Sainsbury Has Started the Last Quarter of GBP 200 Million Buyback
November 22, 2024 09:21 AM GMT| By Team Kalkine MediaHighlights:,J Sainsbury PLC launches the final phase of its GBP200 million share buyback program, valued at GBP50 million.,UBS AG is tasked with executing the share repurchase, scheduled to conclude by February 24, 2024.,The buyback, initiated earlie...
Three Essential Facts About Games Workshop, Workspace, and Tekcapital
November 22, 2024 08:49 AM GMT| By Team Kalkine MediaHighlights:,Games Workshop reports a strong performance ahead of expectations, with revenues set to rise 10% year-on-year.,Workspace Group sees steady growth, with increased rental income and dividend growth alongside an upbeat outlook.,Tekcapital's...
Cohort Launches Conditional Retail Offer to Fund Acquisition and General Corporate Purposes
November 21, 2024 05:31 PM GMT| By Team Kalkine MediaHighlights,Retail Offer:,Cohort plc has launched a conditional retail offer via PrimaryBid for new ordinary shares priced at 875 pence each, representing a 4.3% discount to the last market price.,Proceeds Use:,The proceeds from the offer will partly...
Jet2 Reports Record Half-Year Results, Boosted by Strong Passenger Demand and Resilient Pricing
November 21, 2024 05:19 PM GMT| By Team Kalkine MediaHighlights,Record Financial Performance:,Operating profit rose 14% to £701.5m; profit before tax increased 16% to £772.4m.,Passenger Growth:,Total seat capacity up 13% to 14.85m; package holiday customers increased by 8%.,Positive Outlook:,Jet2 forec...
IHG’s Stock Climbs to Record $122.92 Following Impressive Growth
November 21, 2024 03:31 PM GMT| By Team Kalkine MediaHighlights:,InterContinental Hotels Group (IHG) shares reached an all-time high of $122.92, reflecting strong market performance.,The company reports a 1.5% increase in room revenue for Q3, driven by robust demand in Europe.,Goldman Sachs upgrades IH...
Mike Ashley’s Frasers Takes Steps to Oust Boohoo Co-Founder from Board
November 21, 2024 03:24 PM GMT| By Team Kalkine MediaHighlights:,Frasers Group, Boohoo’s largest shareholder, urges for the removal of Mahmud Kamani as a director.,Boohoo announces leadership changes, with Tim Morris appointed as independent chair.,Frasers Group continues to push for a board overhaul,...
XPS Pensions Group’s Chairman Acquires Substantial Shares
November 21, 2024 03:17 PM GMT| By Team Kalkine MediaHighlights:,Alan Bannatyne, Independent Non-Executive Chairman of XPS Pensions Group Plc, purchases 13,033 ordinary shares.,Transaction executed on November 21, 2024, at the London Stock Exchange.,Move signals confidence from the company’s leadership...
Frasers Group Strengthens Position in the Retail Market with Multiple Brand Acquisitions
November 21, 2024 08:11 AM GMT| By Team Kalkine MediaHighlights:,CMC Markets reports a strong recovery, turning a £2m loss from last year into a near £50m profit.,Frasers Group continues to push for board seats at Boohoo, citing transparency concerns and poor company performance.,JD Sports revises its...
JD Sports Fashion Adjusts Profit Outlook to Lower End After 'Volatile' October
November 21, 2024 08:06 AM GMT| By Team Kalkine MediaHighlights:,JD Sports Fashion reports lower-than-expected profits for the full year due to a challenging trading environment in October.,Like-for-like sales fell by 0.3% in the third quarter, while organic group revenue rose by 5.4%.,Regional sales v...