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Law Debenture Corp PLC on Tuesday reported a rise in net asset value, despite citing challenges such as macroeconomic uncertainty and elevated interest rates. The London-based investment trust and...
Law Debenture Corp PLC on Friday said its net asset value increased in its half year, and that it outperformed its benchmark. Law Debenture, a London-based investment trust and professional services...
FTSE 100 Drifts Lower On Inflation Concerns A rout in global bond markets sent yields flying and stoked concerns about early tapering. The benchmark FTSE 100 dropped 20 points, or 0.3 percent, to 6,631 after closing 0.1 percent lower on Thursday. Law Debenture Corp shares fell 2 percent. The company reported pretax profit of 4.1 million pounds for fiscal 2020 compared to 131.4 million pounds, prior year. Retail company Pets At Home Group surged 5 percent after upgrading its FY outlook. Real estate company Rightmove gave up 2.5 percent after reporting a sharp drop in both revenues and profi...
European Shares Subdued On Inflation Worries BRUSSELS/FRANKFURT/PARIS (dpa-AFX) - European stocks fell on Friday, though the downside remained capped as global bond markets attempted to recover from an aggressive selloff that drove steep losses in Treasuries. The pan European Stoxx 600 dipped 0.4 percent to 410.24 after declining 0.4 percent on Thursday. The German DAX was marginally lower, France's CAC 40 index eased 0.3 percent and the U.K.'s FTSE 100 was down 0.4 percent. Building material company LafargeHolcim dropped about 1 percent after reporting slightly stronger earnings in the four...
Law Debenture Agrees To Buy Company Secretarial Unit Of Konexo UK LONDON (dpa-AFX) - Law Debenture Corp Plc. (LWDB.L) announced Tuesday that its unit Law Debenture Corporate Services Limited or LDCS has entered into a binding agreement to buy the company secretarial unit or CSS of Konexo UK. The total consideration for the acquisition is 20 million pounds, payable in cash. The acquisition is expected to be EPS enhancing and accretive to the company's long-term strategic vision and to value. The acquisition consists of the company secretarial business and assets from Konexo UK, a division of E...