Economic & Market News

• 02/09/10 | City of London Investment declares dividend

  City of London Investment Trust has declared a first interim dividend of 3.25p per ordinary share for the year ending 30 June 2011. The dividend will be paid on 30 November to holders registered at ... read more

• 02/09/10 | Carnival declares quarterly dividend

  Cruise shipping group Carnival Corporation & plc announced a quarterly cash dividend of $0.10 per share. The dividend is payable on 10 September to shareholders of record on 20 August. Holders of ... read more

• 02/09/10 | BBA Aviation unveils scrip details

  The calculation price for shares issued to BBA Aviation shareholders who elect to receive the scrip alternative for the 2010 interim dividend is 178.68p per share. The calculation price is the ... read more

• 02/09/10 | M&B reclaims £1m from PPL

  Pub trade paper the Morning Advertiser reports that Mitchells & Butlers has claimed back £1m in overpaid music licence fees from PPL. This follows the Copyright Tribunal’s ruling last October that ... read more

• 01/09/10 | Sky CEO and CFO increase their stakes

  British Sky Broadcasting's chief executive and chief financial officer have increased their stakes in the firm under the company's co-investment plan. CEO Jeremy Darroch and CFO Andrew Griffith each ... read more

• 01/09/10 | Barclays completes sale of HomEq Servicing

  Barclays Bank has completed the sale of HomEq Servicing to Ocwen Loan Servicing, a subsidiary of Ocwen Financial Corporation. It says this follows the receipt of regulatory and other approvals. The ... read more

• 01/09/10 | BP to sell stake in Malaysian businesses

  BP has agreed to sell its interests in ethylene and polyethylene production in Malaysia to the country's state-owned oil and gas firm Petronas. BP is selling its 15% interest in Ethylene Malaysia and ... read more

• 01/09/10 | BP to sell stake in Malaysian businesses

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• 01/09/10 | Hargreaves Lansdown declares special dividend

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• 27/08/10 | Misys completes sale of majority of Allscripts shares

  Misys has completed the last step in the disposal of the majority of its controlling shareholding in Allscripts Healthcare Solutions. Misys said it had received proceeds of approximately $101.6m ... read more

• 24/08/10 | INPP declares first half dividend

  International Public Partnerships has declared an interim dividend of 2.85p per share. The dividend will be paid on 15 October to shareholders of record on 3 September. A scrip dividend ... read more

• 20/08/10 | AstraZeneca buys back shares

  AstraZeneca has purchased 837,719 ordinary shares of AstraZeneca plc at 3263p apiece for cancellation. The number of shares in issue will be 1,437,899,013. Story provided by StockMarketWire.com ... read more

• 20/08/10 | AstraZeneca buys back shares

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• 19/08/10 | National Grid buys back debt

  National Grid has repurchased £20,307,000 of 5.50% instruments due July 2013 for cancellation. Following the repurchase the amount of securities outstanding is £263,252,000. Story provided by ... read more

• 19/08/10 | Hochschild´s investment in Lake Shore Gold diluted

  Hochschild Mining's stake in Lake Shore Gold Corp is being diluted to 35%. Hochschild's board and management team decided not to take part in Lake Shore Gold Corp's C$76m financing to fund general ... read more

• 19/08/10 | Hochschild´s investment in Lake Shore Gold diluted

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• 17/08/10 | HICL raises nearly £5.2m

  HSBC Infrastructure Co Ltd has raised £5,193,000, before expenses, after issuing 4,616,000 new ordinary shares at 112.5p apiece. The net proceeds will be used for general corporate purposes. Story ... read more

• 17/08/10 | AstraZeneca buys back shares

  pharmaceutical firm AstraZeneca has purchased 467,983 ordinary shares at 3289p apiece for cancellation. This will reduce the number of shares in issue to 1,439,383,603. Story provided by ... read more

• 17/08/10 | RBS selling €1.4bn of loans to ICG

  Royal Bank of Scotland is to sell a €1.4bn portfolio of loans to a fund managed by Intermediate Capital Group. The transaction is expected to complete by the end of August. RBS says the sale is ... read more

• 17/08/10 | Intermediate Capital acquires loan portfolio from RBS

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