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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.
Anglo Irish finance director quits
Wednesday 07 Jan 2009
Another Anglo Irish executive has left the property-focused bank following the resignation of chairman Sean Fitzpatrick and chief executive David Drumm last month.
Guinness Peat says 2008 was "very unsatisfactory"
Wednesday 07 Jan 2009
Guinness Peat Group said 2008 was a "very unsatisfactory" year for the investment firm.
S&P upgrade cheers Paragon
Wednesday 07 Jan 2009
Ratings agency Standard and Poors (S&P) has raised its rating on two of buy-to-let mortgage specialist Paragon’s loan portfolios.
HR Owen disposes Volvo dealerships
Wednesday 07 Jan 2009
Car dealer HR Owen disposed its Volvo dealerships to Regent Automotive Limited, a management buy-out company headed by Tracey Perry and Frank Fisher.
Aer Lingus rejects Ryanair offer again
Wednesday 07 Jan 2009
Aer Lingus has rejected Ryanair’s €750m offer once again after meeting with the Irish no-frills airline yesterday.
Slump as Wm Ransom relists
Wednesday 07 Jan 2009
Shares in William Ransom looked sickly today after the natural healthcare products distributor returned from suspension having published its final results at the end of last year.
Daily Sport owner in breach of banking covenant
Wednesday 07 Jan 2009
Sport Media Group, the publisher of the Sunday and Daily Sport tabloid newspapers, is in breach of one of its banking covenants and has so far failed to agree revised facility terms.
New Bodycote CEO takes over on Monday
Wednesday 07 Jan 2009
Specialist thermal processing company Bodycote said its current chief executive designate Stephen Harris will take over as chief executive on 12 January.
IPF puts euro currency hedging in place
Wednesday 07 Jan 2009
International Personal Finance said it has put in place currency contract to hedge the majority of its Central European profits for 2009 at a more favourable rate.
Billing Services pays more debts
Wednesday 07 Jan 2009
Shares in Billing Services, which provides financial risk management solutions to the telecommunications industry, jumped after it announced the voluntary prepayment of $1.5m of its debt and the repurchase of $2.6m of its debt at a discount to face value.
Earthport signs £2m partnership deal
Wednesday 07 Jan 2009
Electronic payments specialist Earthport has agreed a partnership agreement that will see it set up a sales office in the Middle East and receive £2m over the next six months from its partner.
APC surges on distribution deal
Wednesday 07 Jan 2009
Shares in electrical component distributor Advanced Power Components (APC) jumped after it announced a deal to market and distribute US based energy-saving products distributor KVAR Energy Savings’ products outside the Americas.
Kier to build cop shops
Wednesday 07 Jan 2009
Housebuilder and contractor Kier Group said a consortium of which it is a member has been named as a preferred bidder in a project to build six police facilities.

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