Weber allays capital requirement fears
8th Sep 2010 09:14
Bundesbank president Axel Weber sought to allay fears about stricter requirements for banks' capital and cash reserves, saying the tougher rules should not hamper growth. Weber, a member of the European Central Bank's governing council, told a banking conference that regulators at the Bank for Inte
Read moreConsort Medical Seeks Acquisitions To Add Tech, 'Third Leg'
17th Jun 2010 08:20
By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Medical device company Consort Medical PLC (CSRT.LN) Thursday said it is seeking acquisitions to help drive growth. Chief Executive Officer Jonathan Glenn told reporters Consort is scouting for businesses that could add new capa
Read moreMay buys Begbies in May
5th May 2010 16:43
Non-executive director John May has acquired his first shares in corporate recovery firm Begbies Traynor since joining the board in October 2007. May has bought 62,500 shares at 79p each, which cost just over £49,000. This follows yesterday's announcement that Begbies has obtained enlarged credi
Read moreFriday tips round-up: Experian, WPP, Uniq
16th Apr 2010 06:16
There is no need to check on Experian's credit. At yesterday's 616½p, the shares trade at 14 times current-year earnings. This is not stretched given Experian's strong market position, high operating margins and the gearing of profits to an improvement in bank lending. Hold on, says the Times. Sir
Read moreFormer UKFI boss buys Lloyds shares
23rd Mar 2010 16:38
Glen Moreno has bought his first shares in Lloyds Banking Group since he was appointed senior independent non-executive director of the company on 1 March. He has bought 50,000 ADRs, which is the equivalent of 200,000 shares, at $3.69 each. That is equivalent to just over 61p a share, making the c
Read moreConsort ends talks with AMS
18th Mar 2010 17:04
Consort Medical says that it has ended discussions with the board of Advanced Medical Solutions after the wound care company would not grant it access for due diligence. Medical devices and drug delivery products supplier Consort revealed its interest in AMS at the end of February. Corsort says th
Read moreSmall caps round-up: Xcite, ReNeuron, CPL Resources
28th Jan 2010 11:25
Shares in Xcite Energy jumped after the oil group said its subsidiary Xcite Energy Resources has concluded an agreement with BP subsidiary BP Oil International to market and sell Xcite's crude oil from the Bentley field in the North Sea. ReNeuron group climbed after the stem cell developer said Pha
Read moreSmall cap round-up: ILX, Ideal Shopping, Provexis...
17th Dec 2009 12:03
E-learning company ILX has won three contracts that are expected to produce revenues of more than £0.27m over the life of the contracts. The first contract is to provide project management training to a major government department over a period of three years. The other two contracts are for overse
Read moreSmall caps round-up: Cluff Gold, D1 Oils, Jourdan...
8th Sep 2009 10:50
Cluff Gold, the West African focused gold mining company, announces the successful completion of the 7,000 metre drilling programme at Baomahun, its flagship gold project located in Sierra Leone. 'The results demonstrate the down dip continuity of mineralisation at grades and widths which the comp
Read moreBrendan Murtagh cuts Kingspan stake
10th Jun 2009 16:53
A surge in the share price to a seven-month high has convinced Kingspan Group co-founder and director Brendan Murtagh to cash in part of his stake. Murtagh, who along with elder brother Eugene set up the Irish insulation board maker in 1972, sold 500,000 shares at €4.75 each, netting €2.4m. The sh
Read moreSmall caps round-up: Eleco, Optos, Vernalis...
3rd Jun 2009 11:07
Construction components and software group Eleco said an anticipated improvement in market conditions has failed to materialise. In February, the firm said recent progress in order prospects for precast concrete activities offered grounds for cautious optimism that it would see an upturn in perform
Read more