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Company News

Friday preview: WPP, Rentokil
Thursday 21 Aug 2008
Advertising giant WPP is currently embroiled in a takeover battle for Taylor Nelson Sofres (TNS), so will want to put its best foot forward when it publishes its interims this week.
Scottish & Southern joins E.ON in energy price hike
Thursday 21 Aug 2008
Scottish & Southern Energy has joined fellow energy supplier E.ON in raising prices for domestic electricity and gas customers.
Wood buys Australian safety training firm
Thursday 21 Aug 2008
Oil services company John Wood Group has bought Australian safety training business Marine & Offshore Group (M&O) for an undisclosed sum.
Update: Persimmon shrugs off profit plunge
Thursday 21 Aug 2008
Investors piled back into housebuilder Persimmon today, welcoming smaller than feared write-downs on its land portfolio and a more positive outlook.
Amteus struggling to raise finances, could sell business
Thursday 21 Aug 2008
IP based communications software Ametus said it could push for an early sale of the business if it can not raise finances.
Tough condition increase Merchant Securities losses
Thursday 21 Aug 2008
Stockbroking firm Merchant Securities saw losses increase for the year due to the deterioration of the markets and said it expects conditions to remain difficult.
Margins weaken at James Latham
Thursday 21 Aug 2008
Sales in the four months to July are up on a year ago at timber merchant James Latham, although margins are lower and interim figures will be down on 2007, as expected.
Avacta flagship products hits new milestone
Thursday 21 Aug 2008
Detection and analysis technology company Avacta said products in its development portfolio remain on track for release within previously indicated timeframes.
Quarto wary over US situation
Thursday 21 Aug 2008
Heavy one-off costs pushed book publisher Quarto deep into the red in the first half, though the underlying picture was stronger than expected.
Aminex encouraged by Texas well drilling
Thursday 21 Aug 2008
Oil and gas company Aminex said drilling on its Sunny Erst-2 (SE-2) well in Texas has reached its planned total depth on time and within budget.
Update: ENRC rejects Kazakhmys board seat demand
Thursday 21 Aug 2008
Ferrochrome producer ENRC rejected the suggestion that Kazakhmys should have a seat on its board as it posted maiden profits of $2.04bn
Xaar's Chinese setback
Thursday 21 Aug 2008
Xaar has experienced trading problems in China but it is still generating profits and cash.
Tesco concludes property deals
Thursday 21 Aug 2008
International supermarket chain Tesco has concluded four sales and leaseback transactions as part of its strategy of releasing value from its UK property portfolio.
Impairment charge hits Prostrakan
Thursday 21 Aug 2008
An impairment charge pushed ProStrakan deeper into losses in the six months to June 30 even as new product launches and the stronger euro helped the speciality pharmaceuticals group lift revenues.
Huntsworth to meet expectations
Thursday 21 Aug 2008
Public relations and healthcare communications group Huntsworth saw half-year profits increase 21.9% and said it was on course to meet full year expectations.
John Menzies profits down on costs
Thursday 21 Aug 2008
Newspaper distributor and support services firm John Menzies saw profits fall for the half year mainly due to start-up costs at its aviation business.
Vislink profits dive
Thursday 21 Aug 2008
Profit before tax dropped 67% in the first half at microwave radio and satellite transmission products supplier Vislink, which will also buy Pacific Microwave Research Inc for up to $17m.
Small caps round-up: Vertu, TT, Telephonetics, Brady...
Thursday 21 Aug 2008
Motor retail group Vertu said depreciation of the value of used cars has placed continued pressure on used car margins.
Intellego confident for future growth
Thursday 21 Aug 2008
Aim listed e-learning company Intellego Holdings said it is confident of significant growth this year with sales at the end of July ahead of last year.
No growth at Hydrogen until 2009
Thursday 21 Aug 2008
Trading in the second half continues to be challenging at Hydrogen Group and the recruitment firm expects the six months to be difficult and that it will not return to growth until 2009.

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