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Wed, 26th May 2021 10:44
(ShareCast News) - Helped by an acceleration in the second quarter, engineer Hill & Smith cranked out a gleaming set of half-year numbers and galvanised investor spirits with a 20% dividend hike based on a positive outlook for the niche infrastructure markets in which it operates. The FTSE 250 compa
Read more(ShareCast News) - Manufacturing group Hill & Smith has completed the acquisition of Technocover Limited for £10m on a debt and cash free basis, to be funded from existing banking facilities. The deal is expected to be earnings-enhancing in the first full financial year following the acquisition. U
Read more(ShareCast News) - Hikma Pharmaceuticals' promotion to the FTSE 100 index was confirmed after the latest quarterly review was announced overnight, while demoted blue chip Inmarsat was joined in the FTSE 250 by three recently floated finance groups CYBG, CMC Markets and Metro Bank plus several others
Read moreLONDON, June 1 (Reuters) - Hikma Pharmaceuticals will be promoted to Britain's benchmark FTSE 100 equity index after a sharp rally in its shares since March, while satellite company Inmarsat will drop out of the FTSE. A spokesman for the London Stock Exchange announced the change via telep
Read more(ShareCast News) - Managers at Alliance Trust face a familiar set of battle lines this year after investment trust RIT Capital's informal approach, write the Financial Times' Lex column. That investment trust, chaired by Jacob Rothschild, may yet follow up with a formal bid for its Scottish peer. W
Read more(ShareCast News) - Infrastructure product and galvanising services company Hill & Smith reported "encouraging" trading in the year to date at its annual general meeting on Tuesday. The company said trading to 30 April was ahead of the expectations set out at the time of its 2015 preliminary results
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