United Kingdom

Colt reports fall in adjusted Q1 Ebitda; shares slip

Colt Group shares slipped as much as 14 per cent on Tuesday after the telecom services provider announced a notable fall in its adjusted earnings before interest, taxes, depreciation & amortization (Ebitda) in the first quarter of this year and slashed its full-year earnings expectations.

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NAHL to launch IPO on London’s AIM

NAHL, best known for its core brand National Accident Helpline, has announced its decision to float an initial public offering (IPO) on London's AIM market.

The company announced that it would float on London's junior market AIM in late May, and that it would be a dividend paying stock, which would reflect the company's high cash conversion ratio.

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QinetiQ to sell its American arm for $215 million

Britain's defence group QinetiQ has confirmed that it has agreed to sell its American services division to the SI Organization Inc. for $215 million.

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British Govt.’s £36bn infrastructure projects to create 150,000 jobs

British Prime Minister David Cameron and Chancellor George Osborne are all set to publicise the government's multi-billion infrastructure programme that aims to support as many as 150,000 construction jobs.

In a rare joint appearance on Tuesday, the duo will explain how the ambitious infrastructure programme will work at the heart of plan for the country's economic recovery.

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AstraZeneca’s acquisition will make lot of sense for Pfizer: says analyst

The recently published report about Pfizer's supposed interest in British drugmaker AstraZeneca has prompted many experts to predict that such a deal would make a lot of sense for the U. S. pharmaceuticals giant.

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