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Ron Dennis ends 37-year association with McLaren by selling shares

2017-06-30 11:20:04| BBC News | Business | UK Edition

Ron Dennis has formally left McLaren, the company he made into one of the most successful Formula 1 teams of all time.

Tags: association selling ends shares

 

JD Sports shares dip amid "on track" FY outlook

2017-06-29 11:03:00| Daily apparel & textile news and comment - from just-style.com

UK retailer JD Sports Fashion saw its share price drop this morning (29 June), despite reporting it is on track to meet full-year expectations.

Tags: sports track shares outlook

 
 

Debenhams shares slip as sales dip

2017-06-27 09:52:08| BBC News | Business | UK Edition

Shares in the department store chain fall as it says May was a tough month for retailers.

Tags: sales shares slip dip

 

GTT buys Global Capacity for USD 100 mln, plus shares

2017-06-27 08:53:00| Telecompaper Headlines

(Telecompaper) Cloud networking provider GTT Communications (GTT) has agreed to buy Global Capacity, a provider of network connectivity systems aimed at helping companies connect to cloud and business destinations, for USD 100 million in cash and 1.85 million GTT shares. The acquisition is expected to close by the end of third quarter, subject to the usual regulatory approvals and closing conditions. GTT will fund the cash portion of the deal with funds from the debt offering completed in May. After integration, GTT CEO Rick Calder expects the combined company will achieve the company's previously announced financial objective of USD 1 billion in revenue and USD 250 million in adjusted EBITDA.

Tags: global capacity usd shares

 

Shares in Grenfell cladding maker sink

2017-06-26 17:39:59| BBC News | Business | UK Edition

Arconic falls sharply after saying it will stop selling Reynobond PE for use in high-rises.

Tags: shares maker sink cladding

 

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