Sir Tom Hunter failed yesterday in his court battle with Tesco to stop a £150m rights issue being voted on next week at Dobbies Garden Centres, where he owns 29.9% and the supermarket giant 65%.
Barclays continues to keep investors guessing as to whether it will make a capital call despite yesterday writing down £1.7bn from the value of assets linked to the credit crunch.
The Scottish pioneer which makes bionic hands used by soldiers wounded in the war in Iraq has bought the American business which produces the skin which covers its inventions.
Prostrakan, the Borders-based specialist drugs firm, announced yesterday that trading in the first four months of the year had been at the high end of management’s estimates.
Investors entering the Queen Elizabeth II conference centre under the shadow of the Houses of Parliament yesterday could have gone to one of two meetings.
John Menzies said yesterday that it had made a satisfactory start to the year and was continuing to trade in line with its expectations, despite some challenging economic conditions.
Sir Bill Gammell, chief executive of Cairn Energy, became entitled to shares in firm worth £1m-plus in a round of awards to directors worth £5.7m in total.
The boardroom paybill surged 48% at Melrose Resources last year, although the oil and gas firm slipped into the red last year following reverses off Bulgaria.
Speedy 1, owner of the Kwik-Fit motor parts empire, boosted sales by 3.3% last year to £779m and gross profit by 1.6% to £11m, according to its latest accounts.
Benchmark UK inflation is now forecast to climb to nearly 4% later this year by the Bank of England, and Governor Mervyn King yesterday admitted "an odd quarter or two" of economic contraction was "quite possible".
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