Brewing joint venture sold for £206 millionAccelerates timeframe to reduce net debtCompany to layout capital allocation plansIt was drinks all round for Marston's (MARS) after the pub and hotel group announced the sale of its remaining 40% stake in the Carlsberg Marston's Brewing joint venture back to Danish brewer Carlsberg (CARL-B:CPH) for £206 million in cash.The shares jumped as much as 18%

- New bank facilities extended to January 2025- Good progress on back to a billion strategy- Shares trade at big discount to net asset valuePubs group Marston's (MARS) said it has successfully amended and extended its borrowing facilities to the end of January 2025 giving it greater headroom while trading is in line with expectations.Investors welcomed the news pushing the shares up 3% to 36.6p bu

- Festive like-for-like sales above 2021 and 2019- Energy costs hedged out to March 2024- Full year guidance unchangedPubs group Marston's (MARS) said like-for-like sales over the festive period were 26% higher than 2021 and up 12.9% versus the same trading period pre-Covid.Over the 16 weeks to 21 January, like-for-like sales were up 12.9% versus 2021 part of which was disrupted by Covid. Breaking

Electric vehicle maker Tesla (TSLA:NASDAQ) is mulling a massive share buyback as it looks to bolster its stock price. Elon Musk recently revealed that the Tesla board has 'debated the buyback idea extensively,' and that the general feeling was that it 'makes sense'.Musk said that it was 'likely that we will do some meaningful buyback,' with up to $10 billion mooted, pending board review and approv

- Like-for-like sales 3% ahead of pre-pandemic- Encouraging trading ahead of World Cup- Energy costs hedged Pubs and hotels group Marston's (MARS) said like-for-like sales grew 3% in the last 10-weeks to 1 October, 3% ahead of 2019 and 4% up on last year, driving a 4% increase in the shares to 37.4p.The company highlighted continuing recovery from the pandemic with 'encouraging' customer demand wh

-Like-for-like sales now trading above 2019 levels-First-half £39 million operating profit-Strategic goal to reduce net debt to £1 billion maintainedPubs group Marston's (MARS) said like-for-like sales returned to 97% of pre-pandemic levels in the first half to 2 April despite the Omicron variant disrupting Christmas trading.For the last 10 weeks of the half like-for-like sales improved to 0.9%

Residential care home specialist CareTech (CTH:AIM) is in takeover talks with children's services provider Cambian (CMBN) for a potential £600m merger, prompting a 32.8% rally in the latter to 196.7p.CareTech has offered 220p per share or a full cash alternative of 200p in a deal valuing Cambian between £290m and £319m.According to media reports, Cambian rejected a previous offer at £2.10 per

UK computer services and software reseller Softcat (SCT) is among the biggest risers across the FTSE All Share index in early trade on Tuesday after telling investors it will beat current forecasts.The FTSE 250 firm said its full year adjusted operating profit would be well ahead of its prior expectations, helped by favourable market conditions. Shares in the near-£1.5bn business are running 5.5%

Healthcare provider Cambian (CMBN) is anticipated to double earnings before interest, tax, depreciation and amortisation (EBITDA) to £40m by 2021 according to broker Liberum.This step change in earnings is likely to be rewarded by the market and we believe it is worth taking advantage.The company has become the leading provider of specialist behavioural healthcare services for children in the UK

Behavioural health service provider Cambian (CMBN) is selling its adult business for £377m to American hospital management company Universal Health Services (UHS:NYSE)This deal should return the business to rude health. Significantly, the proceeds will repay Cambian's £293m of debt in full and still leave it with £40m to fund a 22p special payout and put it in a position to resume ordinary divi

Behavioural health service provider Cambian (CMBN) is to sell its adult care business for £377m to an American operator in a compelling deal returning the business to much ruder health.The proceeds will repay its current debt in full and have £40m left over to fund a special dividend for shareholders, welcome news which sends the shares up 7.1% to 140p.COMPELLING DEALFounded in 2004, Cambian pro

Against a backdrop of political turmoil in Europe, it is perhaps surprising to see the FTSE 100 only fall 0.4% to 6,706 as UK stock markets open for a new week.Financial stocks are the biggest losers with minor share price declines across the board in the quoted banking sector.Italian Prime Minister Matteo Renzi has resigned after his referendum defeat, news which triggers a 1% decline in the euro

Social care provider Cambian (CMBN) has put last year's profit warning behind it to report better-than-expected half-year figures.Adjusted earnings before interest, tax, appreciation and amortisation (EBITDA) came in at £22 million in the six months to 30 June.This was almost £5 million lower than in the same period a year earlier but eclipsed Canaccord Genuity's expectations by 42% largely than

London markets make modest declines in early trade on Wednesday ahead the Federal Reserve's announcement on interest rates across the pond and news of slowing UK economic growth data. The first quarter report from the Office for National Statistics reveals gross domestic product (GDP) grew by 0.4% between January and March, down from 0.6% in the fourth quarter.The FTSE 100 index responds by dippin

London shares surge higher ion early trade on Friday as traders come to terms with European Central Bank's jawboning and shock monetary policy decisions yesterday, which sparked a sell-off. Wall Street and in Asia firmed overnight, while crude and gold prices remain buoyant.The FTSE 100 index rallies 100 points, or about 1.7%, to 6,136.Corporate news is dominated by pubs chain JD Wetherspoon (JDW)

Growing queues for treatment by the National Health Service (NHS) provides an opportunity for investors. Demand for healthcare is expected to rise and there are companies trading on London's stock market which could ease the pressure on the health service and local authorities.The NHS is one of several options for those seeking diagnosis, treatment or medical support in the UK. People can also buy

London shares make modest gains in early trade on Tuesday as traders sniff out value buys after yesterday's sell-off. It remains unclear whether the positive bias will continue through to the close. Wall Street fell overnight, as did Japan.The benchmark FTSE 100 index rises around 25 points, or 0.45%, to 5,714,although midcaps continue to struggle, the FTSE midcap 250 index down 43 points at 15,45

Growing domestic demand and a potential expansion of quantitative easing (QE) mean the prospects for the eurozone economy are looking up.Exchange-traded funds (ETFs) offer several ways for investors to play this theme - whether it's broad exposure to the eurozone as a whole, single-country exposure, the top performing small caps or via a currency-hedged product.Macro mattersThe recent global finan

UK stocks post modest declines in early trade on Monday as investors react to a worse-than-anticipated report on Chinese manufacturing. That fuels ongoing concerns about the slowdown in the world's second largest economy. The FTSE 100 dipped around 8 points lower in response to 6,351, although midcaps and smaller companies are both up, the FTSE 250 close to 30 points higher at 17,146, the FTSE Sma

Cambian (CMBN) 134.5pLoss to date: 20%Stopped out 22 OctOriginal entry price: 229.8p, 19 March 2015A profit warning may have sent social care provider Cambian's (CMBN) shares plummeting 49% last week (22 Oct), but the long-term investment case remains strong.The company, which cares for people with behavioural and mental health issues, will no longer meet expectations in 2015 due to increased deve