Debenhams (DEB) to axe nearly 100 jobs in cost-cutting drive
Kingfisher (KGF) – B&Q bounces back as shoppers seek out fans and paddling pools
Asda clocks fifth quarter of rising sales ahead of Sainsbury (J) (SBRY) tie-up
Countrywide (CWD) set for shareholder revolt over incentive scheme
Ukraine MP snaps up JKX Oil & Gas (JKX) stake from activist fund. Proxima Capital has sold its almost 20% stake to a Cayman Island-based investment fund, Cascade, owned by businessman and politician Vitalii Khomutynnik in a deal which marks the end to its more than three year campaign to wrest control of the group.
On The Beach Group (OTB) goes offline by targeting high street travel agents
The Takeover Panel has confirmed its ruling that Disney might have to offer at least £14 a share to buy pay-television group Sky (SKY)
Signs the move to online shopping is accelerating in the US helped Ocado Group (OCDO) jump 40p to £10.57 in London in the wake of its deal with American grocer Kroger.
Kaz Minerals (KAZ) rallied off a 13-month low after placating unruly investors with its first dividend in six years.
Marshalls (MSLH) climbed 61p to 483.4p after revealing that it has identified a number of takeover targets.
Summit Therapeutics (SUMM) soared 3.5p to 38p after bagging an extra $12m of funding for the development of an antibiotic to treat clostridium difficile infection.
Petrofac Ltd. (PFC) slipped 10.8p to 605.4p on a Jefferies downgrade to “neutral”.
