3+ day, 19+ hour ago   (199+ words) US existing home sales decreased by 2% in August, according to the National Association of Realtors, with month-on-month sales holding steady in the West and declining in the Northeast, Midwest and South. On an annualised basis, sales were unchanged in the…...

4+ day, 20+ hour ago   (230+ words) Goodwin said on Wednesday it has agreed to sell a substantial part of its mechanical engineering division to US private equity firm Cerberus Capital Management for up to £1.1bn. The business includes Goodwin Steel Castings, Goodwin International, Noreva, Easat Group and…...

5+ day, 2+ hour ago   (157+ words) Eurowag lifted its full-year outlook for adjusted cash EBITDA on Wednesday following a "strong" first half. In the six months to the end of June, adjusted earnings before interest, tax, depreciation and amortisation rose 10.5% from the same period a year…...

5+ day, 20+ hour ago   (186+ words) GE Aerospace has announced plans to buy aerospace and defence components manufacturer Consolidated Precision Products for $11.75bn from private investment firms Warburg Pincus and Berkshire Partners. Ohio-based CPP, which makes complex super alloy, titanium, aluminum, magnesium and steel castings for things…...

6+ day, 1+ min ago   (154+ words) The National Federation of Independent Business' US small business optimism index slipped to 98.7 in August, down from 99.8 in July, undershooting forecasts for a softer decline to 99.3. Actual sales weakened, with a net ‑9% of owners reporting higher nominal sales over the…...

6+ day, 16+ hour ago   (92+ words) Sharecast.com Director dealings: Sirius Real Estate non-executive director snaps up shares Sirius Real Estate revealed on Monday that non-executive director Joanne Kenrick had acquired 31,699 ordinary shares in the FTSE 250-listed real estate investment trust. Kenrick, who joined the board…...

6+ day, 23+ hour ago   (226+ words) Stationery retailer The Works said on Monday that trading had continued to build momentum in the opening weeks of its new financial year, prompting it to lift profit expectations after a strong start. The update, released ahead of The Works…...

1+ week, 4+ min ago   (252+ words) Gamma Communications posted a rise in first-half profit and revenue on Monday, underpinned by strength in its German businesses. In the six months to the end of June, pre-tax profit increased 15% to £50.1m on revenue of £330m, up 4% on the same period…...

1+ week, 1+ hour ago   (166+ words) German industrial production fell unexpectedly in July, dragged lower by a sharp drop in automotive output, according to figures from the Federal Statistics Office on Monday. Total output declined 1.1% on the month, confounding expectations for a 0.1% rise and marking a…...

1+ week, 4+ day ago   (354+ words) Crest Nicholson shares tumbled on Thursday as the housebuilder warned it now expects a full-year loss and cut its completions guidance, saying market conditions have been more subdued than expected over the summer. The housebuilder said in an update that…...