Investments and investor services
Rank expands in Spain with YoBingo acquisition
The bingo operator is picking up the owner of the Spanish digital platform for an initial €21mln, potentially rising to €52mln
Company
LON:RNK
Rank is a leading European gaming business, based in the UK and listed on the London Stock Exchange. The Group's principal activities are the operation of bingo clubs and casinos in the UK with complementary on-line gaming and bookmaking services.
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Investments and investor services
The bingo operator is picking up the owner of the Spanish digital platform for an initial €21mln, potentially rising to €52mln
The FTSE 250-listed firm said O’Reilly will succeed Henry Birch whose resignation, announced on March 7, with effect from 7 May 2018
A look at some of the biggest risers and fallers in London on Thursday.
Cold weather keeping people from its bingo outlets has also had an adverse impact
The UK bluechip-benchmark closed over 165 points higher at 7,199, while the FTSE 250 added over 311 points at 19,576
Investments and investor services
Footsie finished down over 43 points at 7,490, while FTSE 250 was also lower - down around 58 points at 20,185.
Royal Dutch Shell and Rank Group are among the names in the diary for Thursday
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Week ahead includes updates from FTSE 100 AstraZeneca PLC, BT Group PLC, Royal Dutch Shell PLC, and Unilever PLC, plus a Federal Reserve meeting and January US jobs data
As high street retailers are also finding out, more and more people would rather log on from home and do their shopping – or in this case, gambling
Rank Group blamed a challenging UK retail environment for a slight dip in full year revenue
The FTSE 100 closed down 45 at 7,387, while the FTSE 250 lost 86 at 19,773.
The B&Q owner's French business has overshadowed recent decent performances, will it blight the next figures?
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Week ahead includes UK inflation, unemployment, average earnings data; trading update from Kingflsher PLC, interims from Hargreaves Lansdown PLC, Admiral PLC ...
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William Hill reports a trading update for the 17 weeks to 25 April under new chief executive Philip Bowcock
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Week ahead: BT and Talk Talk: ITV, Barratt Developments, Centrica, William HIll and more ...
Bowcock was appointed the FTSE 250-listed firm’s Interim CEO in July 2016 having previously been the group’s chief financial office when James Henderson quit
Income investors in Rank received a boost as the dividend was hiked 11% to 2p a share.
FTSE 100 ended softer on Thursday following sharp falls by Sage Group and Unilever, while mid- and small-cap stocks gained
Investments and investor services
BT Group shocked investors earlier this week so many will be waiting on tenterhooks to hear whether TV and broadband bundling rival Sky is faring better.
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Also reporting: Diageo, Daily Mail, Sky, Anglo American, Lonmin, St James's Place and Whitbread