Information  X 
Enter a valid email address

Recent News

Tuesday 21 July, 2015

21-Jul-2015 07:58 AM

Assura sees further good progress

Primary care property investor and developer Assura reports further good progress in the year to-date, completing the acquisition of 33 medical centres for a total gross consideration of £52.9m with a passing rent of £3.2m and a weighted average unexpir
21-Jul-2015 07:55 AM

Kumba Iron Ore earnings fall

Kumba Iron Ore will contribute $192m to Anglo American's underlying earnings for the six months to the end of June - down from $409m last year. Kumba Iron Ore's IFRS headline earnings fell to $213m - down from $606m last time. Anglo American
21-Jul-2015 07:52 AM

Fitch revises Ladbrokes outlook to negative

Fitch Ratings has revised the outlook for Ladbrokes to negative from stable. The ratings have been affirmed at long-term issuer default rating at 'BB', short-term IDR at 'B' and senior unsecured rating at 'BB'. Fitch says t
21-Jul-2015 07:52 AM

Cello operating profits to be slightly lower

Cello Group reports good trading for the first six months to 30 June, with strong headline revenue growth. But it says half year operating profits will be a little lower than last year due to anticipated short term profit variance at the Signal divisio
21-Jul-2015 07:49 AM

Fishing Republic margins improve

Fishing tackle retailer Fishing Republic's margins have improved considerably in the six months to the end of June. A trading update for the first half of its maiden financial year as a quoted company says that sales are expected to show a small in
21-Jul-2015 07:48 AM

Victrex sees solid Q3 trading against tough comparatives

Victrex saw solid trading against tougher comparatives during Q3, and said is has acquired US-based polymer gears manufacturer Kleiss Gears Inc for about $6m cash. It said its performance in the Q3, which ended June 30, reflected continuing growth across
21-Jul-2015 07:45 AM

Renold says well placed going forward

Renold Plc said its outlook for FY adjusted operating profit remains in line with the Board's expectations. The Group continues to make adjusted operating profit and margin gains as a result of the implementation of the rolling programme of self-hel
21-Jul-2015 07:45 AM

Escher adjusted earnings up

Escher Group expects revenues for the six months to the end of June to be around US$11.85m, up by 7%. Adjusted EBITDA is expected to increase strongly by 66% to approximately US$2.68m (2014: US$1.61m). The group says it has continued to invest signifi
21-Jul-2015 07:43 AM

Ball Corp says EC starts Phase II review of Rexam deal

Ball Corporation confirms the European Commission has begun a Phase II review in connection with its recommended offer for Rexam. This is a standard step when the European Commission is conducting an in-depth review under the EU Merger Regulation. The t
21-Jul-2015 07:43 AM

Saint-Gobain creates joint venture in Tanzania

Compagnie de Saint-Gobain has finalised an agreement creating a joint-venture in which it owns 50% of the capital of Lodhia Gypsum Industries based in Arusha, Tanzania, situated on the border with Kenya. Lodhia Gypsum Industries manufactures and sells pl
21-Jul-2015 07:43 AM

Kudelski unit in Vietnam partnership

Kudelski's SmarDTV - an international leader in pay television technology - is partnering with Vietnam cable operator VTVCab and Samsung Electronics, to bring to market an innovative solution to provide access to VTVCab PayTV services. VTVCab subs
21-Jul-2015 07:42 AM

Northcote Energy gives positive Shoats Creek drill update

Northcote Energy said the Lutcher Moore #20 well (LM#20), targeting the Frio Formation at the Shoats Creek Project in Louisiana, has encountered approximately a ten-foot pay section in the Frio 5030' Sand formation and has already initiated completio
21-Jul-2015 07:41 AM

Nasstar sees H1 results in line with expectations

Nasstar has continued with its integration and go-to-market strategy, and the board expects H1 results to be in line with expectations. Investment into management resource and skill set has continued in 2015 to both structure the business more effectivel
21-Jul-2015 07:41 AM

IG Group profits fall

IG Group Holdings reports good growth in revenue in the year to the end of May but results were hit by the Swiss National Bank's decision to cease intervention in the franc exchange rate. Underlying revenues were up 8% at £400.2 million and report
21-Jul-2015 07:39 AM

Mobile Streams says FY EBITDA in line with market views

Mobile Streams said in a trading update for the year to end-June that it sees FY revenues at about £29m, from £48.6m. FY EBITDA would be in line with market views, against a comparative of £0.7m. It has cash of £2.9m, with no debt. CEO Simon Bucking
21-Jul-2015 07:35 AM

CWC revenues up

Cable & Wireless Communications says it is trading in line with its outlook and that the Columbus integration is progressing well. Interim results for the period ending 30 September are expected to be announced on 5 November. The group's update o
21-Jul-2015 07:30 AM

Croda adjusted pre-tax profits up

Croda International - a world leader in speciality chemical ingredients - reports sale of £564.6m for the six months to the end of June, up 5.2% on last time. The group said the recovery in underlying sales trends, which began in the second half of last
21-Jul-2015 07:27 AM

Galliford Try wins Conservatoire contract

Galliford Try, the housebuilding and construction group, has signed contracts with Birmingham City University to build the £46m Conservatoire in central Birmingham. The new landmark building, designed by Feilden Clegg Bradley Studios, will move the Con
21-Jul-2015 07:27 AM

SIS confident

Science in Sport said it remains confident in its outlook for the full year and beyond, noting the six months to end June was a successful trading period during which sales continued to grow strongly. Sales increased 19% to £5.24 million in the six mon
21-Jul-2015 07:26 AM

Goldenport sells container ship

Goldenport Holdings has agreed the sale of the 1997 built container ship 'Thira' to BSL Thira Shipping for $6.85m in cash. The vessel's delivery is due to take place today. Goldenport expects to realise a book profit of approximately US$2.
21-Jul-2015 07:26 AM

AO World strategic progress on track

AO World - a leading online retailer of major domestic appliances - is on track with its long-term strategic progress, shareholders at the annual general meeting today will be told. Chairman Richard Rose will say: "As we stated in our recent Annu
21-Jul-2015 07:24 AM

PZ Cussons' profit

PZ Cussons' FY pretax profit plunged 32.1% to £84.0m, from £123.7m previously. Revenue was £819.1m, from £861.4m. Total dividend was 8p a share, from 7.76p. Chairman Richard Harvey described the performance as solid, and noted the completion of
21-Jul-2015 07:22 AM

Arbuthnot Banking profits up

Arbuthnot Banking Group posts half yearly profit before tax of £15.7m, an increase of 65% compared to the corresponding period last year. The group said both banks - Arbuthnot Latham, its private banking arm, and retail bank Secure Trust Bank - contin
21-Jul-2015 07:22 AM

Royal Mail says trading environment challenging

Royal Mail Group said its trading environment remains challenging and that it is stepping up the pace of change to drive efficiency, growth and innovation, while maintaining a tight focus on costs. "In the first three months of our financial year we
21-Jul-2015 07:00 AM

Economic Events - 7 Days Ahead Events

UK22/07/2015 09:30 MPC Asset Purchase Facility Votes | Forecast: 0-0-9 | Previous: 0-0-922/07/2015 09:30 MPC Official Bank Rate Votes | Forecast: 0-0-9 | Previous: 0-0-923/07/2015 09:30 Retail Sales m/m | Forecast: 0.40% | Pr

a d v e r t i s e m e n t