Following the recent changes to the US federal corporate tax rate, John Menzies Group announced on Tuesday that it was not expecting any material impact on its underlying effective tax rate for 2018 onwards.
WPP: HSBC maintains Buy with a target price of 1850p.
John Menzies has called off talks with DX Group after carrying out deeper due diligence following DX's profit warning last month.
The City of London police's economic crime directorate has dropped its investigation of DX Group after careful consideration, it was confirmed Friday, reviving prospects for a potential acquisition from John Menzies.
John Menzies says it continues to make good progress against its strategic objectives and has had a positive start to 2017.
BBA Aviation, a FTSE 250 aviation services company, has completed the sale of its refuelling business ASIG to Scottish distribution firm John Menzies for $202m.
John Menzies posted a trading update for the year to 31 December on Thursday, reporting that since the previous update on 23 November, trading across the group continued to meet the board's expectations.
Scottish Aviation company John Menzies has appointed two new board members and finalised a loan agreement for the recent $202m acquisition of Aircraft Service International Group (ASIG).
John Menzies, the Scottish distribution and aviation company, have announced the appointment of Dr Dermot F Smurfit as its new chairman on Tuesday.
John Menzies has secured a pre-contract agreement towards winning a major ground handling deal with Oman Air.
John Menzies has made a good start to the year, in line with directors' views, and said both its aviation and distribution divisions are progressing well.
John Menzies chief executive Jeremy Stafford has resigned from the logistics company for personal reasons.
Shares in luggage handler John Menzies fell after the company posted a 60% drop in pre-tax first half profits.
Support services provider John Menzies said its subsidiary Menzies Distribution has acquired AJG Parcels for £7.5m.
Directors of Standard Life are preparing to issue a coded warning on the dangers of Scotland's tax regime diverging from the rest of the UK as business people fret over the fallout from the Scottish National Paty's landslide victory. - Financial Times
John Menzies said on Tuesday that operational difficulties at London Heathrow airport will impact its first half of 2015, leading it to cut its dividend to enable new investment.
Yet another boardmember at Quindell has bought shares in the law, insurance and technology conglomerate, the company announced on Friday.
Amec: UBS cuts target price from 1185p to 1150p, while its buy recommendation remains unchanged.
Aviation services and newspaper distribution group John Menzies warned on annual profits in its aviation and ground handling operation due to regulatory changes.
Scottish services company John Menzies saw its shares go down by nearly 3% on Tuesday after reporting that disruptions to its ground handling business at Heathrow Airport and negative foreign exchange movements had impacted results.