Shares in Scottish companies listed on the Alternative Investment Market (AIM) rose by 9.5% in Q3 2013 compared with an increase of 15.2% in the FTSE AIM All share index and a rise of 4.7% rise in the FTSE All share index, according to analysis by accountants and business advisers BDO LLP.
Wix.com Ltd, a leading global web development platform, announced today (Wednesday) that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed initial public offering of its ordinary shares.
A challenging retail environment in Europe was the reason Tesco gave for their sharp drop in profits.
Chief Financial Officers (CFOs) of big businesses are turning decisively toward expansion and growth according to the latest Deloitte CFO Survey.
Phil Dorrell, director of retail consultants, Retail Remedy, has said that Tesco's results do not reflect the passion in the company.
Considering that GBP/USD was trading in the 1.48s in July, we have seen this currency pair bounce back over the last few months to touch 1.6250. This is due to a combination of the buoyant economic data stemming from the UK and the decision by the FOMC not to taper their asset purchase programme.
Research on the finances of 134 AIM-listed companies by accountancy firm, SKS Business Services, reveals a surprising leap in spend on non-core operations that has more than wiped out their profits.
The Department for Business has said that Royal Mail is to be valued at between £2.6 billion and £3.3 billion.
The Financial Conduct Authority (FCA) has fined Clydesdale Bank (Clydesdale) for failing to inform its customers clearly of their rights after the bank miscalculated the repayments on over 42,500 mortgages.
The Financial Conduct Authority (FCA) has fined ICAP Europe Limited (IEL) £14 million for misconduct relating to the London Interbank Offered Rate (LIBOR). IEL is the first broking firm to be fined for failings relating to the benchmark.