London afternoon: Shares kick on as US opens higher
17th Mar 2011 13:57
Share prices kicked on over the lunchtime session, boosted by a firm start on Wall Street, where the Dow has notched up a triple-digit gain in quick time. Though the focus remains on the aftermath of the Japanese earthquake and any response to the turbulence it has caused in the financial markets
Read moreArbuthnot Banking optimistic for 2011
17th Mar 2011 07:45
Banking and financial services group Arbuthnot Banking said it is optimistic about the outlook for 2011 as it reported flat annual pre-tax profit. The niche retail bank posted a pre-tax profit of £5.1m for the year to 31 December 2010 unchanged from the year before. Group earnings per share increas
Read moreSmall caps round-up: Galliford Try, Colliers, Orusur
13th Jan 2011 10:09
Galliford Try's housing completions rose by 28% to 851 units; 779 net of joint venture partners' share (2009: 663 and 638) in the half year to December. Housing reservations are up by 11% to £359m. Construction saw order books maintained at £1.75bn. "While remaining cautious in the short term, the
Read moreSmall caps round-up: Arbuthnot, Jelf, Strategic Natural Resources
21st Oct 2010 14:57
Investment banking deteriorated sharply in the third quarter and retail banking saw good progress in motor finance and prepaid current accounts, but results were impacted by the cost of carrying significant surplus deposits, niche bank Arbuthnot said in its third quarter trading update. Elsewhere i
Read moreLondon Stock Exchange boss makes initial investment
23rd Sep 2010 17:00
Xavier Rolet has invested £158,000 in London Stock Exchange shares. The London Stock Exchange's chief executive has bought the shares for his US pension fund. He acquired 23,000 shares at 689p a share. These are the first shares he has bought since becoming chief executive. Rolet is participatin
Read moreArbuthnot focused on niches
4th Aug 2010 13:50
Niche retail bank Arbuthnot posted sharply higher interim profits as its securities business swung £1.8m into the black. Overall, profits rose to £2.3m in the half year to June, from £0.7m last time. The firm's securities arm, which is the second largest nominated adviser on AIM, recovered from a l
Read moreArbuthnot moves into profit
11th Mar 2010 09:18
Banking and wealth management group Arbuthnot Banking reported a pre-tax profit compared to a loss the previous year Group pre-tax profit came in at £5.1m for the year to 31 December 2009 from a loss of £2.2m the previous year. Net interest income for the year increased to £17m from £11.4m. Capi
Read moreArbuthnot poised to trump 2009 forecasts
7th Jan 2010 08:02
Shares in banking and wealth management group Arbuthnot Banking rose after it said it expects 2009 pre-tax profit to come in ahead of market expectations as improved market condition continued into the fourth quarter. Arbuthnot, which is the holding company for three businesses, said its two banks
Read moreSmall caps round-up: Solo Oil, Plant Impact, ROC Oil...
22nd Oct 2009 13:12
Solo Oil has reacted to a sharp rise in the oil and gas firm's share price by saying that it is 'in negotiations to make an investment in accordance with its investing policy.' Crop productivity technology group Plant Impact has been awarded a €1m grant by the European Union to develop technology f
Read moreSmall caps round-up: BTG, Arbuthnot, United Carpets...
29th Jul 2009 11:02
BTG shares rallied as its partner AstraZeneca confirmed its intention to progress severe sepsis treatment CytoFab into a Phase IIb study. This decision follows the successful completion by AstraZeneca of a Phase IIa study of CytoFab in 70 patients with severe sepsis. Arbuthnot Banking made a "satis
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