American Apparel to sack CEO after alleged misconduct investigation

19th Jun 2014 13:39

US-based clothing retailer American Apparel has announced plans to sack its Chief Executive Officer (CEO) Dov Charney after an ongoing investigation into "alleged misconduct". The company has voted to replace the Chairman, who started the group over two decades ago, in 30 days under the terms of hi

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Numis Chief reduces stake with sale of 3m shares

11th Jun 2014 15:50

Oliver Hemsley, the Chief Executive Officer of Numis, has traded in three million shares, reducing his stake by almost a quarter to 9.4m. The 270p-a-share disposal generated £8.1m. The sale comes around one month after the group posted a 59% jump in first half revenue at £51.5m. Adjusted pre-t

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Parallel Media Chairman adds to already sizeable stake

30th Oct 2012 16:28

Parallel Media Group's Chairman has purchased 62,500 shares on Tuesday, the same day the company acquired HW Alpha's 50 per cent interest in Parallel Smart Media Asia Alpha Entertainment. David Ciclitire, who has led the company since its foundation, bought the shares at an average price of 14.92p

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FTSE 250 movers: Volcano disruption hits easyJet

19th Apr 2010 13:15

Airline easyJet is the biggest loser among second-liners as the volcano cloud across Europe continues to ground planes. Taking collateral damage is Frankie & Benny's owner The Restaurant Group, which has a number of its biggest earning restaurants located in airports. Pace's trading update has be

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FTSE 250 movers: Arriva motors forward

3rd Mar 2010 14:35

Rail and bus group Arriva has sped ahead even after it saw profits fall by 19% in 2009 as it weathered the recession and dealt with the effects of a heavy increase in fuel costs. Housebuilder Taylor Wimpey falls back after it said full year pre-tax losses widened but added the first two months of t

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FTSE 250 movers: Arriva up on SNCF talks

28th Jan 2010 13:48

Shares in Arriva raced ahead after the bus and rail group admitted holding merger talks with France's state railway group SNCF. Peer National Express is also higher. The dark days appear to be behind specialist mortgage lender Paragon, whose shares are higher after the company's portfolio of loans

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FTSE 250 movers: SIG climbs despite profit fall

20th Aug 2009 14:31

SIG is one of the top risers even after the building products group posted a sharp fall in profits as weakness in the construction market persisted into the first half of 2009. On the positive side, the firm said the new build housing segment had shown some modest signs of stabilising. Wellstream,

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International Greetings FD dips in

3rd Aug 2009 16:17

Sheryl Tye, finance director at International Greetings, has spent just under £10,000 on shares in the greetings card group. The acquisition of 26,000 shares at 38p each cost £9,880, that's far more than they would have cost just a week ago. International Greetings shares rallied from about 23p ah

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Brendan 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

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