15th Jun 2011 06:31
Analysts have been known to complain mildly about the slow progress of Oxford Instruments in finding promised acquisitions. The maker of high-tech analytical devices announced two yesterday, and the slow pace seems understandable. Such acquisitions are tricky, being more about providing a sympatheti
Read more16th Sep 2010 14:30
F&C Commercial Property Trust (FCPT) has decided to keep F&C Asset Management (FCAM) on to manage its property portfolio after a proposed merger with UK Commercial Property Trust fell through. FCAM had been given six months notice ending its contract back in June, but its F&C REIT Property Asset Ma
Read more9th Aug 2010 17:33
A slim majority of independent shareholders in F&C Commercial Property Trust have voted against the merger with UK Commercial Property Trust. These are two of the UK's largest commercial property investment trusts and they would have become the sixth largest property company on the London market.
Read more2nd Jul 2010 06:30
(This article was originally published Thursday.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--A shareholder in both F&C Commercial Property Trust Ltd. (FCPT.LN) and UK Commercial Property Trust Ltd. (UKCM.LN) Thursday said he plans to oppose a merger of the two. Max
Read more1st Jul 2010 16:05
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--A shareholder in both F&C Commercial Property Trust Ltd. (FCPT.LN) and UK Commercial Property Trust Ltd. (UKCM.LN) Thursday said he plans to oppose a merger of the two. Max King, a portfolio manager in the global asset allocat
Read more9th Jun 2010 16:55
Footsie closed with strong gains after a volatile day for the leading share index. Mining stocks dragged the market higher as metal prices bounced on reports of an exports surge in China. A news agency is reporting that China's exports in May were 50% higher than a year earlier. That news has boo
Read more9th Jun 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps F&C ASSET MANAGEMENT PLC (FCAM.LN) said Wednesday it is seeking to stop a commercial property trust it manages from merging with another, in a deal that
Read more9th Jun 2010 14:46
(Adds F&C Commercial Property Trust comment.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Fund manager F&C Asset Management PLC (FCAM.LN) said Wednesday it is seeking to stop a commercial property trust it manages from merging with another, in a deal that would create a U
Read more9th Jun 2010 14:45
Mining stocks are dragging the market higher as metal prices bounce on reports of an exports surge in China. A news agency is reporting that China's exports in May were 50% higher than a year earlier. That news has boosted demand for the likes of Fresnillo, Kazakhmys, Xstrata and Vedanta. While si
Read more9th Jun 2010 12:38
(Adds response from F&C Asset Management, updates throughout) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Fund manager F&C Asset Management PLC (FCAM.LN) said Wednesday it is seeking to stop a GBP1.6 billion merger of two U.K. commercial property trusts. F&C Asset Man
Read more9th Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps FIRST PROPERTY GROUP PLC (FPO.LN), a U.K. property fund manager, Wednesday posted a 28% fall in fiscal 2010 pretax profit but said its earnings are set t
Read more9th Jun 2010 12:04
The blue-chip index has limped back into the blue despite the weakness of oil stocks. Around three quarters of the market-value weighted index's constituents are higher but with heavy hitters BP, Shell and BG in the red the Footsie is struggling to make headway. BP investors are concerned by the ve
Read more9th Jun 2010 11:11
LONDON (Dow Jones)--F&C Asset Management PLC (FCAM.LN), an asset management company announced Wednesday, its F&C Investment Business Limited, a wholly-owned subsidiary, has received notice from the Board of FCPT of the termination of its contract to manage FCPT. MAIN FACTS: -The notice perio
Read more9th Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AFNAT RESOURCES LTD. (AFNR.LN), an Africa-focused nickel, zinc and uranium miner, Wednesday said it agreed to enter a joint venture with mining giant Rio
Read more9th Jun 2010 08:50
London's blue chips have opened firmer after yesterday's rebound by Wall Street. Royal Bank of Scotland is going well on a report in the FT that the state-owned bank has drawn up a shortlist for two key businesses that are expected to fetch about £4bn. BP, though, is lower with investors still con
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