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Ultra Electronics Holdings (LSE: ULE), a mid-cap defence and aerospace company, announced today that it has agreed to acquire the Electronics Products Division (EPD) of Kratos Defense & Security Solutions for up to $265 million. The acquisition would strengthen the companys presence in the electronic warfare market, which is fast-growing Read More...
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So the unthinkable has happened and the Greek people have chosen to tell their German euro-masters where they can stick their austerity measures! But could this be the first domino to fall in a cascade that will bring down the euro? For the sake of the long-term future of Europe, Read More...
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Online fashion retailerASOS(LSE: ASC) is falling once again today, after the companyissued its third profit warning in the space of a year. ASOS now expectspre-tax profit for the year ending August 2015 to come in at a similar level to this year,around45m against previous expectations of 62m. For the three Read More...