Jon has been reporting on stock markets for over twenty-five years for audio text companies (remember them?!), newswires, and websites. He helped set up MarketEye News for ICV/Topic in the 1990’s before moving on to become a Markets reporter at AFX News. After over 10 years, which saw him rise to the dizzy heights of Markets Editor at AFX, the firm’s acquisition by Thomson Corp and subsequent takeover of Reuters, he moved on in 2012. Prior to Proactive Investors, he was News Editor for thisismoney.co.uk, the Mail Online’s financial website.
The data center group’s share offering was priced above the proposed US$14 to US$16 per share range, giving it an initial market value of as much as US$4.2bn
Netflix said while its lowest-cost ‘Basic’ plan will remain at US$7.99 a month in the US and £5.99 in the UK, its most popular ‘Standard’ tier product - that includes high-definition video - will cost a dollar more at US$10.99, or 50p more in the UK to £7.99
Uber CEO Dara Khosrowshahi met TfL Commissioner Mike Brown on Tuesday for discussions which both sides described as "constructive"
The US bank's analysts said they think there is around a 30% downside risk to the dividend, with BT’s management in May having dropped its commitment of "at least 10% growth" in the payout to "progressive" growth
The funds will support Warwick Audio as it prepares to push its patented technology into the automotive market
Daniel Godfrey, chief executive of The People’s Trust, said: “There was every indication that had we achieved critical mass, The People’s Trust would have gone on to thrive. Disappointingly, this was not to be"
The AIM-listed firm - a global enabler of the Internet of Things - said the partnership will see the two companies reduce the complexities of IoT device management.
The AIM-listed supplier of managed services and technology based security solutions said the cash raised will be used to “support the development of the company, with a particular focus on preparation for the anticipated Middle East project opportunity in its Managed Services division”