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  • Less corks popping at Majestic Wine

    Thursday 08 Jan 2009

    The credit crunch continued to impact sales at wine warehouse chain Majestic Wine, with pricey champagne continuing to lose favour.

  • Trading deteriorates at Entertainment Rights

    Thursday 08 Jan 2009

    Entertainment Rights, maker of children's TV shows, warned that it has experienced a decline in trading in the last six months.

  • Tullow reports new Ghana find

    Thursday 08 Jan 2009

    Tullow Oil said the Mahogany-3 well offshore Ghana has intersected significant light oil columns in both the Jubilee field appraisal objective and also a deeper exploration target.

  • Mears in line

    Thursday 08 Jan 2009

    Housing repairs group Mears said trading for the year ended 31 December 2008 across all divisions was in line with management expectations.

  • Rathbone total funds down 20.3%

    Thursday 08 Jan 2009

    Fund manager Rathbone Brothers said total funds under management as at 31 December 2008 were £10.46bn, down 20.3% compared with the same period last year.

  • Wellstream 2008 in line, sees growth in 2009

    Thursday 08 Jan 2009

    Oil services group Wellstream expects 2008 results to be in line with forecasts and sees continued growth in 2009.

  • Ted Baker sees FY profit at low end

    Thursday 08 Jan 2009

    Fashion group Ted Baker expects full year pre-tax profit to end January be at the lower end of the range of market expectations after heavily discounting stock over the Christmas period.

  • Hays sees net fees slide in Q2

    Thursday 08 Jan 2009

    Recruitment firm Hays suffered a 6% drop in net fees during the final quarter of 2008, with the continuing deterioration in its core markets slamming net fees from permanent placements by more than a quarter.

  • Weir ups full year guidance

    Thursday 08 Jan 2009

    Glasgow based engineer Weir has upped its full year pre-tax profits guidance after good trading in the final quarter.

  • Michael Page headcount reduced, gross profit down

    Thursday 08 Jan 2009

    Recruitment consultancy firm Michael Page saw gross profit in the fourth quarter decrease 7.3% and cut its headcount by 509 in the period, adding that more were to follow in the first quarter of 2009.

  • Persimmon scraps final dividend

    Thursday 08 Jan 2009

    Housebuilder Persimmon has scrapped its final dividend and said it expects the short term outlook for the UK housing market to be challenging.

  • Land Securities sells Trillium for £750m

    Thursday 08 Jan 2009

    Land Securities said it has agreed to the sale of its Trillium business to Telereal, the property investment and services company, for £750m.

  • Best Christmas ever for Sainsbury's

    Thursday 08 Jan 2009

    Supermarket giant J Sainsbury had a good Christmas, with like for like sales excluding fuel up a better than expected 4.5% during the 13 weeks to 3 January.

  • Rebels seek to oust Wm Ransom chiefs

    Wednesday 07 Jan 2009

    Entrepreneurs and ex-directors Fred Whitcomb and Steve Quinn remain intent on removing bosses at William Ransom and are prepared to loan the firm £2m to help with cash flow.

  • Viyella in administration

    Wednesday 07 Jan 2009

    The economic downturn has forced womenswear retailer Viyella into administration after more than 200 years in business.

  • Meggitt wins US Air Force contract

    Wednesday 07 Jan 2009

    Aerospace and defence systems firm Meggitt has won a follow on contract for its fuel tank order from the US Air Force worth over $41m.

  • Ryanair hedges 50% fuel for first three quarters

    Wednesday 07 Jan 2009

    Ryanair Holdings has extended its jet fuel hedging position to 50% of its requirements for the first three quarters of fiscal 2009/10.

  • Thursday preview: Sainsbury, BoE rate decision, Ted Baker

    Wednesday 07 Jan 2009

    Sainsbury is the first of the publicly quoted supermarket to update the market on its trading in the 13 weeks to 3 January, which includes the crucial Christmas period.

  • Small caps round-up: Local Radio Company, Angus & Ross, Faroe Petroleum

    Wednesday 07 Jan 2009

    Local Radio Company has started negotiations to sell JazzFM to a consortium headed by Richard Wheatly, the former chief executive of the radio station.

  • Z Group jumps on Avisen acquisition

    Wednesday 07 Jan 2009

    Shares in investment company Z Group jumped by a third after it will be acquiring business strategy group Avisen for an undisclosed fee.

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