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IN BRIEF: Northcoders shares nudge up on AIM debut

IN BRIEF: Northcoders shares nudge up on AIM debut
lse.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lse.co.uk Daily Mail and Mail on Sunday newspapers.

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Why Bill Gates Is Banking On Small Modular Nuclear Reactors

Why Bill Gates Is Banking On Small Modular Nuclear Reactors
forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.

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LONDON BRIEFING: Provident Financial to exit home credit

LONDON BRIEFING: Provident Financial to exit home credit entirely
Mon, 10th May 2021 08:07
(Alliance News) - Subprime lender Provident Financial on Monday confirmed it plans to get out of the home credit business one way or another, placing the division into run-off and considering a sale.
Bradford-based Provident earlier this month had said its review of the business was nearing completion, following press reports that it would wind-up both the home credit unit and online lending arm Satsuma to focus on its credit card business, Vanquis Bank, and its car finance operation, Moneybarn.
Provident on Monday said it has decided to withdraw from the home credit market entirely and is considering a sale of the Consumer Credit Division, which includes Satsuma. ....

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LONDON MARKET PRE-OPEN: Greggs ups outlook, pre-virus profit in sight

LONDON MARKET PRE-OPEN: Greggs ups outlook, pre-virus profit in sight
Mon, 10th May 2021 07:43
(Alliance News) - The contrarian boost from Friday s weak US jobs report is set to continue into the new week, with stocks in London pointed higher on Monday.
In early UK company news, baker Greggs said full-year profit could reach pre-pandemic levels, energy supplier Centrica said trading conditions have remained tough, and lender Provident Financial is mulling a sale of the home credit business.
IG says futures indicate the FTSE 100 index of large-caps to open up 26.89 points, or 0.4%, at 7,156.60 on Monday. The FTSE 100 closed up 53.54 points, or 0.8%, at 7,129.71 on Friday. ....

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Leidos completes acquisition of Gibbs & Cox

Press release content from PR Newswire. The AP news staff was not involved in its creation.
Leidos completes acquisition of Gibbs & Cox
May 7, 2021 GMT
RESTON, Va., May 7, 2021 /PRNewswire/ Leidos Holdings, Inc. (NYSE: LDOS) (“Leidos”), a FORTUNE® 500 science and technology leader, today announced the completed acquisition of Gibbs & Cox, Inc. (“Gibbs & Cox”) for approximately $380 million in cash. The transaction was previously announced on Feb. 23, 2021. Gibbs & Cox will operate as a wholly-owned subsidiary and will be combined with Leidos’ maritime systems division.
Headquartered in Arlington, Virginia, Gibbs & Cox is the largest independent ship design firm focused on naval architecture and marine engineering. The company’s world class naval architects, designers, engineers and program managers develop innovative vessel designs and naval capabilities. The acquisition positions Leidos to provide a broad set of engineering solutions to the US Navy ....

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