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Tuesday 02 Dec 2008
Long time bid target Irish Continental could finally be about to be taken over after it emerged that two large stakeholders are discussing a full bid for the company.
Tuesday 02 Dec 2008
Shares in business software giant Sage Group were sharply lower on Tuesday, the day before the company declares results, even though the management said back in August that it expected full-year figures to be in line with forecasts.
Tuesday 02 Dec 2008
The administrators of lender London Scottish Bank said potential buyers have expressed an interest in the bank, including its profitable debt collection arm.
Tuesday 02 Dec 2008
Trucking group Stobart has agreed to acquire London Southend Airport for up to £21m and said it will raise £11.5m through a share placing.
Tuesday 02 Dec 2008
Department stores group Debenhams is to hold its second three-day "bonanza" sale as the battle for consumers' cash intensifies among the high street giants.
Tuesday 02 Dec 2008
Shares in British Airways jumped after the airline said it is in merger talks with Australia's Qantas Airways.
Tuesday 02 Dec 2008
Warner Estate has sold Hazeldonk 6710 in Breda, The Netherlands to a private Dutch investor for €7.1m.
Tuesday 02 Dec 2008
Computer and video game retailer Game saw sales growth slow but said its customers remained ‘relatively resilient’ as it reiterated its full-year guidance.
Tuesday 02 Dec 2008
The housing market slump has forced property developer Telford Homes to axe the dividend and warn that uncertainty about whether pre-sold homes will complete may hit full year figures.
Tuesday 02 Dec 2008
Banking giant HSBC confirmed today that 500 jobs will go in the UK following "a review of the business and current economic conditions".
Tuesday 02 Dec 2008
Push button controls group Dewhurst reported a 21% rise in full year pre-tax profit, but said that customers are now beginning to report significant falls in their orders, which will affect the group’s first quarter.
Tuesday 02 Dec 2008
Mexican silver miner Fresnillo’s subsidiary Fresbal Investments has made an offer to buy the remaining shares of MAG Silver, the silver miner in which Fresnillo has a 20% stake.
Tuesday 02 Dec 2008
Gem Diamonds and the Government of the southern African Kingdom of Lesotho have sold a 478 carat white diamond for $18.4m to the manufacturing arm of Graff Diamonds.
Tuesday 02 Dec 2008
Shares in construction services firm May Gurney fell after it reported flat half year pre-tax profit but remains positive because of its 'resilient income stream.'
Tuesday 02 Dec 2008
Sharply lower metal prices have forced trader Wogen to take significant write-downs in its inventories for September year-end and as a consequence results will be materially lower than the previous year.
Tuesday 02 Dec 2008
Shares in shoe retailer Stylo fell over 21% after it confirmed that trading in the four weeks since 31 October 2008 has been below its expectations.
Tuesday 02 Dec 2008
Confident travel operator Thomas Cook has boosted full year profit, raised merger synergy targets and says current trading is in line with expectations.
Tuesday 02 Dec 2008
Chinese video surveillance firm BlueStar SecuTech boosted half year net profit by 11% and sales by two-thirds, in line with expectations.
Tuesday 02 Dec 2008
Tesco reported its worst UK sales growth performance in over a decade, but shares in Britain’s leading supermarket jumped after the 2% rise in third quarter like-for-like sales still came in slightly better-than-expected.
Tuesday 02 Dec 2008
Safety services provider Intertek has snapped up EKO-LAB, an analytical food testing laboratory near Warsaw, Poland, for up to £3.3m in cash.