London’s fabulous FTSE 100 firms 12.2 points to 7,678 on Monday, as engineer GKN (GKN) edges ahead 0.1p to 436.1p. The planes-to-car parts giant issues a new salvo against Melrose Industries' (MRO) hostile bid, warning that raising the company’s debt ratio could reduce the strength of its covenants and thus increase the cash needed to fund its pension. Diamond producer Petra Diamonds ...

The provider of in-store music content for shops, offices and banks is sounding increasingly excited about its business prospects. Immedia (IME:AIM), run by former Radio 1 DJ Bruno Brookes, says it has just won a contract with a major UK retailer. It is also in talks with new channel launches with two other major brands. Current clients include HSBC, Subway, FIFA and ...

The FTSE 100 is recouping some of yesterday's losses, up 29.33 points at 6,847.37, after US presidential hopeful Hillary Clinton was seen as having bested her wildcard opponent Donald Trump in the first campaign debate overnight, Plumbing products specialist Wolseley (WOS) falls 4.6% to £41.01. The firm points to 'uncertainty in the economic outlook' alongside its prelims and announces 800 job ...

Bruno Brookes-founded digital channels creator Immedia's (IME:AIM) latest trading update is music to the ears of investors and helps sustain recent positive share price momentum. The Newbury-based 'music-to-retail' minnow, where the former Radio One DJ holds sway as CEO, is bid up 9% to 36.5p on news it is about to sign up a major new retail customer. Floated on AIM by Brookes back in 2003 at ...

A lack of corporate news sees the FTSE 100 open broadly flat on Friday morning, falling 12.4 points to 6,855.04. Gains in the US on hints from the Federal Reserve at a potential interest rate rise later this year did not move the blue chip index. Another rise in the price of Brent crude to above $50 a barrel on further talk of a production freeze also failed to register an impact London in ...

The momentum behind Immedia (IME:AIM) could be sustained by a ‘pipeline’ of deals after BT (BT.A) became the first business to sign up to its new white label mobile audio streaming platform (24 Apr). Despite gaining more than 60% to 26p since the news broke the £3.7 million cap is still below highs above 27p seen in May 2014. Chief executive and founder, former Radio One DJ Bruno ...

London markets make steady progress higher on early trade on Friday, apparently supplying an upbeat end to a mixed week for UK equities. Investors are likely to remain poised ahead of inevitable news likely from today's meeting of Eurozone finance ministers. The FTSE 100 index adds 40-odd points, or 0.6%, to 7,094, although midcap gains appear capped by a mixed bag of corporate news on Friday, the ...

Embattled retailer Morrisons (MRW) rises 2.8% to 243.8p on whispers the UK's fourth biggest grocer's founding family wants to take it private. The family, which owns circa 9.5%, is thought to have approached a number of private equity players with a view to stitching together a buyout deal for the struggling supermarket operator which could exceed £7 billion. Morrisons is one of Shares' top picks ...

Micro-cap in-store marketing services company Immedia Broadcasting (IME:AIM) could be set for a rerating should it deliver on an anticipated break back into profit. After several difficult years of restructuring and efforts to reduce its cost base the £1.4 million cap looks poised to reveal its first profit since 2009. There is also potential for March’s finals to positively surprise versus ...

It may be worth tuning in to marketing specialist Immedia Broadcasting (IME:AIM) and last week's (21 Aug) purchase of £96,950 worth of shares by non-executive director Mark Horrocks certainly piques Shares' interest. Signs of an acceleration in the UK economy are welcome. They should lead to a recovery in marketing spend to the benefit of the £1.4 million cap in-store specialist, which is ...