Wednesday tips round-up: Bloomsbury, Harvey Nash, Avingtrans...
1st Jun 2011 06:31
The headline figures in Bloomsbury's results at the end of last week were far from inspiring. But the real highlight of the update was the news that sales of electronic books had rocketed. Of course, the rise of e-books does present challenges for publishers. The most obvious will be the need for co
Read moreLondon close: Shares fall as Libya crisis intensifies
21st Feb 2011 16:53
The top share index was nursing big losses at trading's close as worries over the turmoil in Libya sent the oil price soaring and continued high usage of the European Central Bank's marginal lending facility stoked nervousness over banks. Banks are granted the right to seek overnight loans from th
Read moreLondon afternoon: ECB emergency loans give banks jitters
21st Feb 2011 14:26
Concerns about rising oil prices should Libya descend into civil war are nagging away at investors, while continued high usage of the European Central Bank's marginal lending facility is making traders nervous about banks. Banks are granted the right to seek overnight loans from the European Centr
Read moreAvingtrans on a roll
21st Feb 2011 13:32
Shares in Avingtrans, the designer, manufacturer and supplier of critical components and associated services to the energy, medical, industrial and global aerospace sectors, set a fresh 52-week high on Monday morning on news of a contract extension. The group's C&H subsidiary (Aerospace division) h
Read moreAvingtrans back in profit amid global recovery
9th Feb 2011 09:07
Component manufacturer for the medical, energy, industrial and aerospace sectors Avingtrans said the worst of the downturn is behind it as it moved to profit in the six months to November 30 while warning of the impact of rising commodity costs. The Nottingham-based firm posted a pre-tax profit of
Read moreLondon close: Shares close lower despite M&A buzz
17th Jan 2011 16:39
London's leading share index is back below the 6,000 point mark after a sluggish day which saw downbeat miners offsetting mergers and acquisitions excitement. Miners such as Kazakhmys and Fresnillo were out of favour amid lower metals prices after China increased reserve requirements for banks in a
Read moreLondon afternoon: Footsie dips
17th Jan 2011 14:40
Leading shares lost ground over the lunchtime session, taking the Footsie back below the 6,000 level, with financials and miners featuring prominently among the losers. Miners such as Kazakhmys and Fresnillo are out of favour amid lower metals prices after China increased reserve requirements for b
Read moreAvingtrans set to beat expectations
17th Jan 2011 14:21
AIM-quoted engineer Avingtrans says that it will exceed expectations in the year to May 2011. That is due to a strong second half helped by an improvement in aerospace demand. Industrial markets have also strengthened more quickly than expected, particularly in Germany. The medical market has no
Read moreNew WPP director takes a stake
8th Dec 2010 16:19
Solomon Trujillo, a recently-appointed director at the advertising group WPP, has splashed out about £76,000 shares in the firm. He took 2,000 American Depositary Receipts, paying $59.90 (3,800p) for each one, and now has the equivalent of 10,000 shares in the company. Trujillo has worked with se
Read moreSmall caps round-up: Ark Therapeutics, Alkane Energy, CPL
8th Sep 2010 12:59
Speciality drug developer AGI Therapeutics posted narrower losses in the six months to June 30 and said it was on the look-out for 'external opportunities.' The company, which is developing treatments for gastrointestinal disorders and multiple sclerosis, saw pre-tax losses narrow to $3.1m from $9.
Read moreBroker tips: Centrica, Dana, Avingtrans
8th Sep 2010 12:22
Nomura Securities has issued a 'buy' note on British Gas-owner Centrica, and believes the market is undervaluing the group's prospects in the rapidly developing UK home services market. "In conjunction with Delta Energy and Environment we have carried out an in-depth review of the Home Services mar
Read moreBroker snap: Avingtrans's recovery warrants a rerating
8th Sep 2010 11:45
House broker FinnCap was touting precision engineer Avingtrans as a recovery play on Wednesday morning after the company released in-line full year results. "The recession has had a severe impact on the group across its activities and the expected growth from aerospace [was] therefore delayed," Fin
Read moreSmall cap round-up: African Consolidated, Independent Media...
7th Sep 2010 11:41
Shares in African Consolidated Resources fell sharply after the Zimbabwe-focused miner said that the country's High Court rescinded a judgement last year validating the company's mining claims in the Marange diamond field. Shares in TV and radio advertising distributor Independent Media Distributio
Read moreSmall caps: Avingtrans, Hydrogen, Murgitroyd...
6th Sep 2010 14:35
Component designer Avingtrans has been chosen by Siemens MR Magnet Technology to manufacture precision machined formers for Siemens' next generation Magnetic Resonance Imaging systems. Once the product is in full production in 2012, the annualised value of this new product to Metalcraft will be ap
Read moreAvingtrans Unit Gets 3G Melter Crucible Order From Sellafield
2nd Jul 2010 07:11
LONDON (Dow Jones)--Avingtrans (AVG.LN), a designer, manufacturer and supplier of critical components and associated services to the energy, medical, industrial and global aerospace sectors, announced Friday that its subsidiary Metalcraft, has received the first order for its new 3G Melter Crucible
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