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Company News
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Thursday preview: QE decision, Rio, BG, Diageo
Wednesday 08 Feb 2012
Busy though the company news schedule is on Thursday, it is the outcome of the meeting of the Bank of England’s Monetary Policy Committee (MPC) that is likely to garner most of the attention on Thursd... Read More
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2012 to be a tough year for UK, but Citi still overweight on banks
Wednesday 08 Feb 2012
In spite of what Citi believes will be another tough year for the UK economy, the US investment bank has reiterated its overweight position on UK banks. Read More
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Small caps round-up: Ambrian Capital, North River, Ark ...
Wednesday 08 Feb 2012
Ambrian Capital slumped to a 52-week low after a trading update littered with references to subdued markets and downward adjustments to the book value of its investments which will cause the company t... Read More
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Escher wins big contract with leading postal authority
Wednesday 08 Feb 2012
Shares in Escher Group, the provider of outsourced, point of sale software to the postal industry, leapt on Wednesday following the announcement it has won its largest contract in the group's history,... Read More
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Smurfit Kappa reinstates dividend
Wednesday 08 Feb 2012
Irish packaging group Smurfit Kappa has reinstated dividend payments after its profit before tax almost tripled in 2011. Read More
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Misys boss makes his exit
Wednesday 08 Feb 2012
Chief Executive Officer at Misys, Mike Lawrie, has accepted a job offer from another company, meaning that he will make his exit on March 31st. Read More
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LOVEFiLM's Calver to take helm at Mothercare
Wednesday 08 Feb 2012
Shares of Mothercare rallied 4% after it confirmed the appointment of Simon Calver as its new chief executive officer. Read More
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DMGT advertising revenue falls in January
Wednesday 08 Feb 2012
Daily Mail and General Trust (DMGT) experienced a weakness in print advertising in the final three months of 2011, but said overall trading was in line with its expectations. Read More
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Thomas Cook to offload Indian unit as strategic review continues
Wednesday 08 Feb 2012
Shares in travel operator Thomas Cook rose strongly on Wednesday morning after the firm said it was offloading its stake in its Indian subsidiary as the group reported a 3% rise in first-quarter reven... Read More
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Dunelm half year profit up 7.8 per cent
Wednesday 08 Feb 2012
Specialist homewares retailer Dunelm has reported a 7.8% rise in pre-tax profit for the half year ended December 31st. Read More
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SuperGroup experiences January sales wobble
Wednesday 08 Feb 2012
SuperGroup, owner of the Superdry brand, said profit for the year will be towards the lower end of market expectations after it experienced a challenging last three weeks in January. Read More
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HomeServe to cut 200 jobs as struggles continue
Wednesday 08 Feb 2012
FTSE 250 emergency repair group HomeServe has assured that full-year profits will be in line with expectations in spite of its recent travails that are still preventing the group from restarting some ... Read More
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Grainger enters new year with strong sales pipeline
Wednesday 08 Feb 2012
Residential property firm Grainger said it has started the new financial year with a strong sales pipeline, despite continued economic uncertainty. Read More
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Polymetal pays off JV partner, takes full-ownership of Veduga
Wednesday 08 Feb 2012
Russian precious metals group Polymetal International has terminated a joint venture after buying up the remaining 50% stake owned by South Africa-based AngloGold Ashanti for $20m. Read More
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North America and LNG to dampen Intl. Power's growth
Wednesday 08 Feb 2012
International Power, the UK power generator which is 70% owned by French utility GDF SUEZ, claimed to have put in a strong performance in 2011 but the market begged to differ. Read More
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Rio Tinto approves $3.4bn Pilbara expansion
Wednesday 08 Feb 2012
Mining giant Rio Tinto has committed a further $3.4bn to the expansion of its Pilbara iron ore operations in western Australia. Read More
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Reckitt identifies 16 'power markets' - UPDATE
Wednesday 08 Feb 2012
Cillit Bang maker Reckitt Benckiser said it exceeded its full year targets in 2011, as it announced a strategy for 'continued out-performance'. Read More
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Mixed bag at BHP Billiton - UPDATE
Wednesday 08 Feb 2012
There was something for both the bulls and the bears in mining titan BHP Billiton's interim results, with underlying pre-tax earnings ahead of expectations while the bottom line number was shy of what... Read More
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Record breaking run continues at 888
Tuesday 07 Feb 2012
Online gaming solutions provider 888 said trading in 2012 has continued at record levels, building on the strong performance in the final quarter of 2011. Read More
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Wednesday preview: BHP Billiton, Reckitt, Dunelm ...
Tuesday 07 Feb 2012
The market will be distracted on Wednesday from the teething pains of the creation of a new mining giant (Glencore Xstrata International) by the results from a mining conglomerate created in a merger ... Read More
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