TalkTalk share price rises after cyber attack arrest as it says only customers who have money stolen can terminate contract without charge October 27, 2015 TalkTalk shares have rebounded closing more than 13 per cent up following the arrest and bail of a 15-year-old in connection with a cyber attack on the company. The embattled telecoms firm has also said it will waive fees for customers terminating contracts – but only if they have money stolen as a result of the attack – and suggesting it was unlikely [...]
Out of town shopping centres jump in value on the back of growing popularity October 27, 2015 Britain's out-of-town shopping centres have jumped in value over the last three months thanks growing appetite from investors and retailers opening new shops. Research from estate agency CBRE shows that capital values increased by six per cent in the third quarter, marking the second steepest rise since 2000. That contrasted with a 3.8 per cent [...]
Tesco shares and bonds snapped up by chairman John Allan October 27, 2015 Tesco chairman John Allan has snapped up more shares in the supermarket less than a month after he and four other board members, including chief executive Dave Lewis, purchased nearly half a million pounds worth collectively. Allan forked out another £100,000 in total, picking up 51,978 shares at 192.39 pence per share, the company said in a regulatory update, [...]
Littlewoods owner Shop Direct posts record profits thanks to mobile sales boom October 27, 2015 Shop Direct has posted a 78 per cent leap in full-year profits thanks to booming mobile sales and a surge in customers flocking to its main website Very.co.uk. The online retailer, which pulled the shutters down on its catalogue business this year, said pre-tax profits reached a record £71.7m in the year to 30 June [...]
Circassia Pharmaceuticals optimistic following strong sales growth in the third quarter October 27, 2015 Biopharmaceutical company Circassia reported strong sales in the third quarter, thanks largely to its NIOX asthma management products. During the three months to 27 October, NIOX sales amounted to £4.5m, which marks a 35 per cent increase from the same period the year before. This, combined with “good progress” made with clinical studies for its [...]
Pfizer share price rises on strong third quarter results and improved full-year outlook October 27, 2015 Following its acquisition of Hospira last month, things are looking up for Pfizer. The figures During the three months to 27 September, Pfizer experienced a rise in operational revenue compared to last year. The total figure for the third quarter was $12.2bn (£7.9bn), a two per cent total decline from the $12.4bn achieved in 2014. [...]
Metro Bank doubles its lending as it prepares for an IPO October 27, 2015 Leading challenger Metro Bank said today that its lending had more than doubled in the last 12 months, with similarly strong growth in deposits and customer accounts, as it announced its third-quarter results ahead of an expected initial public offering (IPO). Metro Bank, which has been in business since 2010, said today that it "continues to target" a listing [...]
West End retailers poised for £2.3bn Christmas and Black Friday 2015 shopping bonanza October 27, 2015 West End retailers are bracing themselves for a £2.3bn shopping bonanza this Christmas, with spending set to reach its highest level since 2007, as higher disposable incomes and lower prices help boost consumer confidence. London’s main shopping streets – Oxford Street, Bond Street and Regent Street – are expecting a 1.2 per cent uplift in sales [...]
Chemring share price falls 30 per cent after it warns on full-year profit due to a contract delay October 27, 2015 Shares in defence group Chemring slumped as much as 40 per cent to a 10-year low at 134.3p per share this morning, after the aerospace and defence technology company warned on its full-year profit. In an unscheduled trading update, Chemring said a delay to a 40mm ammunition contract worth £100m from the Middle East meant there was a "realistic chance" underlying [...]
Alibaba share price: Stocks surge after second quarter revenue surprise October 27, 2015 Alibaba shares are surging in pre-market trading as another tech giant beats expectation The figures Revenue at the Chinese internet company has risen 32 per cent, well ahead of expectations of around 21bn yuan, hitting 22,171bn yuan in the quarter to the end of September. The value of goods traded on the ecommerce platform also rose 28 per cent [...]