Moneyback on Petrol:
Thursday 04 Sep 2008
Informa revealed late Thursday it has rejected a reduced 450p a share offer from a private equity consortium that “significantly undervalues” the publishing group.
Thursday 04 Sep 2008
Aussie mining giant and BHP bid target Rio Tinto has approved a US$293m spend on expanding its Canadian iron ore operations and on further studies.
Thursday 04 Sep 2008
JD Wetherspoon rounds off a busy week for pub operators, following in the footsteps of Punch Taverns and Greene King, both of whom confirmed hard times for the pub trade.
Thursday 04 Sep 2008
Cash shell Ninety has agreed to buy Chinese food preservatives group Honour Field for up to £20.12m in shares and change its name to Sorbic International.
Thursday 04 Sep 2008
Outsource services provider Supporta said it noted the movement in its share prices and admitted that it had received an approach that could lead to an offer.
Thursday 04 Sep 2008
Final bonus rates on more than 2.4 million of Norwich Union’s with-profits policies have been cut due to poor investment conditions since the beginning of the year.
Thursday 04 Sep 2008
Vero Software, which specialises in CAD/CAM software for the mould and die industry, lifted revenues by 13% to £6.6m and underlying profits by 23% to £340,000 in the half year to June.
Thursday 04 Sep 2008
Payments service provider DataCash remains upbeat about hitting targets for the year after reporting a 24% hike in both pre-tax profit and revenue during teh first half.
Thursday 04 Sep 2008
Media rights and film distributor Metrodome returned to profit in the first half of 2008 for the first time in several years thanks to investment in high quality theatrical releases.
Thursday 04 Sep 2008
Food storage company Norish reported lower pre-tax profits as a downturn in trade resulted in sharply lower turnover and said it expects the second half to be worse than last year.
Thursday 04 Sep 2008
Budget airline Ryanair flew 5.78m passengers in August, 19% more than at the same time last year despite a Europe-wide economic slowdown.
Thursday 04 Sep 2008
Asterand shares doubled on the back of its recent licensing deal with US eye care giant Allergan, but that should not overshadow the good prospects for its core human tissue supply business.
Thursday 04 Sep 2008
UK care home services provider Southern Cross Healthcare has completed sale and leaseback deals on a further seven care homes, as it seeks to stave off the possible breach of loan covenants.
Thursday 04 Sep 2008
Oil giant BP has confirmed it has signed a memorandum of understanding to restructure TNK-BP, Russia’s third largest oil company.
Thursday 04 Sep 2008
Global technology company Smiths Group had pocketed a tidy gain on the sale of a former operational site in Basingstoke.
Thursday 04 Sep 2008
First Property has continued to make “good progress” during the first half, but the property services firm remains cautious and has not bought any new properties.
Thursday 04 Sep 2008
Oil and gas facilities service provider Petrofac said a helicopter crash caused a fire at a drilling rig in the Rashid field off the coast of Dubai.
Thursday 04 Sep 2008
Shares in industrial support services group Chieftain shot ahead after it revealed better than expected first half results.
Thursday 04 Sep 2008
European Islamic Investment Bank said despite challenging market conditions it has continued to progress in the first half of 2008 as it swung back into profit for the period.
Thursday 04 Sep 2008
Anglo Dutch consumer group Unilever has named Nestle's Paul Polman as chief executive Patrick Cescau's replacement.