BP Chairman's wife sells shares in wake of strong share price rise
4th Nov 2013 16:26
The wife of Carl-Henric Svanberg, who has been the Chairman of oil giant BP for almost four years, sold 750,495 pounds-worth of shares in the group on Friday. In an announcement issued at the start of this week, it was revealed the director's wife sold a total of 154,821 shares at 484.75p a piece,
Read moreHochschild Chairman increases stake ahead of proposed acquisition
8th Oct 2013 15:53
Eduardo Hochschild, the Executive Chairman of Hochschild Mining, whose great uncle founded the Peruvian mining and cement-focused group, this week grew his already sizeable stake with the purchase of a further 16.9m shares. Paying 155p a share, Hochschild spend a total of £26.2m, although this wou
Read morePrezzo founder and family slice off 3.9m shares
26th Sep 2013 15:53
Restaurant chain Prezzo, which has seen its share price double to around 120p in the past year, on Thursday announced that three of its directors, including its founder, had each sold a 1.3m share slice of the company. Jonathan Kaye, the group's Chief Executive Officer, only made a slight dent to
Read moreSierra Rutile Chairman increases stake to above 2m shares
23rd Sep 2013 15:54
Sierra Rutile's Non-Executive Chairman, Jan Castro, has swelled his stake in the mineral sands group to more than two million shares after a purchase made at the end of last week. Castro bought 627,500 shares at 50p a time, costing him a total of £313,750. A more modest purchase was made the sam
Read moreDomino Printing Finance Director sells as company cautions on regional difficulties
18th Sep 2013 16:17
The Group Finance Director of Domino Printing sold 72,763 pounds-worth of shares on Tuesday, the same day the company warned investors that market conditions continued to be 'difficult' in many regions. Andrew Herbert, who joined the company in 1986, disposed of a total of 11,160 shares at 652p a
Read moreSector movers: M&A lifts software stocks on Invensys takeover speculation
12th Jul 2013 14:37
M&A activity gave the software and computer services sector a lift on Friday after technology firm Invensys became the target of a 3.3bn-pound takeover from French group Schneider Electric. Shares in Invensys were up nearly 16% in afternoon trade at 508.5p after it said it received a cash and paper
Read moreMonday broker round-up UPDATE
8th Jul 2013 08:48
Anglo American: Exane reduces target price from 1700p to 1400p and reiterates its underperform rating. Anite Group: Investec raises target price from 135p to 155p and upgrades from hold to buy. Ashmore Group: RBC Capital Markets takes target price from 440p to 375p and keeps its neutral rating. B
Read moreAllocate Software posts adjusted earnings fall
5th Feb 2013 11:44
Allocate Software, supplier of workforce management tools, on Tuesday reported a drop in earnings for the half-year. The AIM listed company said adjusted earnings before interest, taxes, depreciation, and amortisation fell 62.5% to £0.6m in the six months to November 2012. A diluted adjusted loss
Read moreDunelm Finance Director trades in shares from LTIP
18th Oct 2012 16:07
Dunelm Group's Finance Director, David Stead, has traded in 43,460 of the 85,215 shares he received after exercising options under the company's long-term incentive plan at no cost. Stead, who joined the homeware chain in 2003, traded in the shares at 679.40p, earning £295,267, which he used to fu
Read moreTuesday broker round-up
2nd Oct 2012 08:17
African Barrick Gold: Deutsche Bank raises target from 510p to 540p, hold rating kept. African Minerals: Deutsche Bank cuts target from 708p to 610p, buy rating kept. Allocate Software: N+1 Brewin downgrades to hold, target cut from 94p to 80p. Babcock: Investec raises target from 970p to 100p, b
Read moreSmall caps: IndigoVision, Silence Therapeutics, Air Partner...
31st Jul 2012 11:51
Air Partner, a provider of air charter services, has said underlying profit before tax for the year is expected to meet its forecasts. The firm's cost reduction programme is also now nearly complete and will realise 'significant cost savings' in the next financial year, with a one off restructuring
Read moreAllocate Software confident on full year
6th Feb 2012 07:16
Allocate Software, a provider of workforce and compliance software, said total revenue for the year was flat while EBITDA fell to £1.6m from £3.8m before. The IT firm, which specialises in software that organises shifts in the healthcare sector, British Army, Nato and Australia's armed forces, said
Read moreAllocate Software in rude health
6th Sep 2011 08:53
Allocate Software, which produces software to coordinate large organisations' workforces, notched up its fifth successive year of record results. The group saw revenues jump 37% in the financial year ending in May. Its full year results also show increased operating profit (up 57% to £5.8m) and it
Read moreAllocate sees slowing contract numbers in third quarter
21st Mar 2011 12:54
Allocate Software, the workforce optimisation software developer, saw a slowing number of NHS deals in the third quarter, according to chief executive officer Ian Bowles. "Our business in the UK continues well in terms of demand for Healthroster and our other products. However, despite these activi
Read moreAllocate enjoys Aussie boost
31st Jan 2011 15:46
Workforce optimisation software developer Allocate Software saw turnover shoot up at the interim stage, boosted by the capture of a large Australian healthcare contract. Revenue rose by 77% in the six months to 30 November to £15.9m, from £9.0m in the corresponding period of last year. Licensing re
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