Ashcourt Rowan has been given the go-ahead for a potential £8.5m capital injection after a share placing was approved at its annual general meeting today.
Canadian trading platform Swift Trade has dropped a legal battle against the Financial Services Authority (FSA).
General Electric shares fell sharply for a brief period in New York as investors reacted to what turned out to be a hoax press release.
LSL Property Services has awarded nine of its senior directors shares potentially worth more than £1.6m if they meet ambitious growth targets in the next three years.
Legal & General is the best placed firm within the life market to benefit from the RDR and an increasing focus on asset management, according to analyst Nomura.
BP has begun to offload assets aimed at raising cash to pay for the Gulf of Mexico disaster, agreeing the $7bn sale of fields in the US, Canada and Egypt to Apache.
The FSA has banned and fined a share-ramping stockbroker £2.8m in its biggest ever penalty against an individual.
Fund managers have backed Cadbury's decision to accept Kraft's new increased bid for the confectioner.
More than a third of companies believe the cost of funding a defined benefit (DB) pension scheme is having a negative impact on their share price, claims research from Aon Consulting.
In the UK the benchmark FTSE 100 Index has lost 0.9% to 5445.6 as stocks declined, paced by mining and energy companies including BHP Billiton and Royal Dutch Shell.