Corporate news review Friday 15th September 2017

Aviva AV. has completed the sale of its 50% shareholding in life insurance and pension joint ventures Unicorp Vida and Caja España Vida, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía. Total consideration of the transaction is €475m (£424m). Avon Rubber AVON issues a pre-close trading update ahead of […]

NEXT- Another Special Dividend As Decline Continues

NEXT plc NXT does not expect any recovery during the remainder of the current financial year despite second quarter full price sales having risen by 0.7% compared to the first quarter when they were down 3%. Retail sales for the half year to 29th July were down by 7.4% whereas Directory sales rose by 11.4% […]

CEO admits Marks Business Is Unsustainable

Marks & Spencer MKS  CEO Steve Rowe openly admits in todays strategic update that Marks business is not sustainable and needs to be built into one that is and one which will also delight its customers. If its stores in Greece are anything to go by he is dead right and it is going to […]

Advanced Oncotherapy (AVO) – Holdings in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii Advanced Oncotherapy plc 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights   √   An acquisition or disposal of qualifying […]