London open: Stocks lower despite speculation on further Chinese easing
28th Apr 2015 09:10
Ahead of the release of UK economic growth figures, the Footsie started the day moving lower is what was otherwise expected to be another light day in terms of economic data. Traders' focus was squarely on the latest batch of company results in the first hour, both in the UK and over on the continen
Read moreAlliance Trust reaches 'compromise' with Elliott Advisers
28th Apr 2015 07:35
After a bitter battle, Dundee-based Alliance Trust has reached a "compromise" with its activist major investor Elliott Advisers, allowing two of the US hedge fund's partners onto the board. Elliott, which had criticised the board for its under-performing investments and over-inflating their pay, has
Read moreAlliance Trust
14th Apr 2015 07:45
Specialist investment firm Alliance Trust recorded a near double-digit increase in assets under management (AuM) at its retail arm during the first quarter of the year. Assets under administration (AuA) at Alliance Trust Savings rose by 9.2% to reach a record £7.03bn as at 31 March 2015 and manageme
Read moreLondon open: Stocks pause ahead of non-farm payrolls with FTSE at record high
6th Mar 2015 08:19
UK stocks declined on Friday in spite of some upbeat economic data from Germany, as markets paused at record highs ahead of some key labour-market data in the States later on. The FTSE 100 was down 0.09% at 6,955 early on, pulling back from Thursday's all-time closing high of 6,961.14. Thursday's g
Read moreLondon pre-open: Slow start expected as investors await US jobs data
6th Mar 2015 07:50
After setting a new record high the previous session, UK stock markets are expected to open on cautious note on Friday ahead of the all-important US jobs report. City sources predict the FTSE 100 will open around five points lower than Thursday's all-time closing high of 6,961.14. Thursday's gains
Read moreAlliance Trust raises dividend for 48th consecutive year
6th Mar 2015 07:13
Scottish based investment manager Alliance Trust posted a net asset value (NAV) total return of 8.1% last year and raised its total dividend, including a special dividend of 2.54p by 14.3%. That's the 48th year of consecutive dividend increases and equates to an effective yield at the year end of 2.
Read moreMonitise Chairman acquires first round of shares
11th Apr 2014 16:02
Monitise on Friday said that its Non-Executive Chairman, Peter Ayliffe, had acquired 250,000 shares in the payment solutions company. Ayliffe, who paid 57.13p a share and spent £142,825 altogether, was appointed to his current role in October last year, having previously been a non-executive for n
Read moreFive board members stock up at Chariot Oil & Gas
25th Sep 2013 16:14
Chariot Oil & Gas announced on Wednesday that five of its directors had collectively purchased just over one million shares of the group, just a few days after it posted results for the first half of the year. Non-Executive Chairman George Candar purchased 159,000 shares for a total of £29,892, wh
Read moreInterserve exec sells shares after exercising options
13th Sep 2013 16:34
Steven Dance, an Executive Director at support services and construction group Interserve, benefitted from the stock's impressive rise so far this year by raising half a million pounds after the sale of shares post-exercise. The company said on Friday that Dance, who joined the board back in 2008,
Read moreTwo AGA execs top up stakes as firm gives confident outlook
21st Aug 2013 16:21
Two board-members of upmarket cooker maker AGA Rangemaster topped up their stakes in the company on Wednesday, the same day the firm impressed the market with an upbeat outlook for the second half. Chief Executive Officer William McGrath bought 9,160 shares at a price of 108.73p each, spending a to
Read moreAVEVA CEO raises nearly two million pounds through share sale
18th Jun 2013 15:56
The long-running Chief Executive Officer of engineering software group AVEVA has dumped almost two million pounds-worth of shares in the company with the stock trading close to its all-time high. AVEVA said on Tuesday that Richard Longdon had sold a total of 85,000 shares the day before at a price
Read moreAlliance Trust unveils first interim dividend for the year
29th May 2013 07:34
FTSE 250-listed investment and financial services company Alliance Trust has announced the declaration of a first interim dividend for the year ended December 31st 2013 of 2.387p per share payable on July 1st 2013 to shareholders on the register on June 7th 2013. The ex-dividend date is June 5th 20
Read moreAlliance Trust unveils best first quarter results in 15 years
3rd May 2013 10:18
Investment company Alliance Trust reported its 'best first quarter performance in 15 years' following a strong performance in global equities. The group posted a 12.6% rise in net asset value per share to 502.2p as the share price rose 14.6% to 430.1p. During the quarter, the biggest contributors
Read moreSoon-to-retire G4S CFO sells up
17th Apr 2013 16:31
Trevor Dighton, the outgoing Chief Financial Officer (CFO) of security group G4S, on Wednesday reduced his stake by 400,000 shares ahead of his departure at the end of April. Dighton, who announced his plans to retire from the company last month, traded in the shares at 295.80p each, resulting in
Read moreBwin.party non-exec makes double purchase
19th Mar 2013 15:59
bwin.party digital entertainment announced Tuesday that one of its Non-Executive Directors has made two purchases following a report by the company admitting profits had suffered a sharp decline. Geoff Baldwin on Friday purchased 226,000 shares at 147.83p, followed by a further 74,000 on Monday at
Read more