Tuesday tips round-up: Shire, AA
24th Jun 2014 09:29
Despite the recent sharp run-up in the price of Shire's stock investors should resist the urge to take their money and run. In the first place, it is entirely possible that AbbVie will come back with a higher offer that obtains the approval of the board of Shire. To take note of, any fresh bid from
Read moreAA set to float on stock market in management buy-in
6th Jun 2014 15:58
Britain's Automobile Association is set to become the latest in a growing string of companies to float on the stock market. The AA's owners, Acromas, plan to sell and float the breakdown recovery service and insurer to a management buy-in team led by Bob Mackenzie alongside the existing AA manageme
Read moreFriday newspaper round-up: Juncker, Morrisons, Saga
6th Jun 2014 07:31
The frontrunner to head the European Commission has lashed out at Britain in a sign of sharply increasing tensions between Downing Street and Brussels over the race for the top job. Jean-Claude Juncker, the arch-federalist whose election would horrify David Cameron, told a private meeting of Europea
Read moreThursday newspaper round-up: Smith & Nephew, Saga, Morrisons
5th Jun 2014 07:21
Smith & Nephew could become the centre of an American bidding war after another US company was said to be interested in making an offer for the medical technology company. As shares in the FTSE 100-listed hip replacement maker rose by more than three per cent yesterday, there were reports that Medtr
Read moreSaga begins trading on LSE
29th May 2014 10:51
UK travel and insurance firm Saga was on Thursday admitted to the London Stock Exchange (LSE). The company, which targets the over 50s market with package holidays and general insurance, has issued 1,110,705,405 ordinary shares to the premium listing segment of the official list of the Financial Co
Read moreLondon close: FTSE dips as traders eye elections in Europe and Ukraine
23rd May 2014 16:59
- FTSE closes down 4.81 points to 6,815.75 - Sentiment weighed by Bank Holiday, elections, Ukraine - US new home sales rise techMARK 2,758.00 +0.51% FTSE 100 6,815.75 -0.07% FTSE 250 15,706.03 +0.20% It was a negative finish for UK stocks in the final session of the week, with investors focused on
Read moreSaga completes IPO at 185p per share
23rd May 2014 09:33
Over-50s tour operator and insurer Saga said it has completed its initial public offering at 185p per share, making it worth 2.1bn pounds when dealings begin. Saga, which announced last month that it was joining the growing ranks of companies floating on the stock market, said the offer comprises 2
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