Asian Citrus directors buy after interims

1st Mar 2011 16:40

Two directors of AIM-quoted and Hong Kong-listed Asian Citrus have made significant investments in the Chinese orange grower. Non-executive director Hon Peregrine Moncreiffe has invested nearly £294,000 by acquiring 400,000 shares at an average price of 73.39p each. That takes his shareholding to

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Anglo American boss digs deep again

28th Feb 2011 17:57

Anglo-American's chairman Sir John Parker has added to his stake in the company again with the purchase of nearly £100,000 in shares. He bought 2,890 at 3,282.5p a time. Last week he bought 3,000 at 3,238p each. Anglo American announced earlier this month that it is merging its UK cement, aggregat

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Viscount Rothermere raises £5m

25th Feb 2011 16:01

Viscount Rothermere, the chairman of newspaper publisher and exhibitions organiser Daily Mail and General Trust (DMGT), has sold £5m worth of shares. Viscount Rothermere sold 909,974 A ordinary non-voting shares at 550.57p each. He still owns 20.7% of the A non-voting shares, or just over 75m.

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Avanti bosses take more shares

23rd Feb 2011 18:20

The chairman and chief executive of the broadband satellite operator Avanti Communications have been upping their stakes in the company, spending a combined total of about £150,000 on shares. Chairman John Brackenbury took 8,998 shares at 549.75p a go and chief executive David Williams took 17,997

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Avanti Communications set to soar

14th Feb 2011 18:09

Satellite operator Avanti Communications is being transformed this year and the benefits will show through in the next financial year. During the period the HYLAS 1 satellite was placed in orbit. It is operating at 1db higher power than expected. HYLAS 2 is being built and the financing of HYLAS 3

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Five contract wins for Avanti Communications

9th Feb 2011 07:59

Broadband satellite operator Avanti Communications has announced five new contracts for the use of its HYLAS 1 services in Europe. The contracts have been signed by Buzz Networks and Rural Broadband UK of the UK, Broadband Algarve of Portugal and Globatel of Spain, while Prime Satellite Broadband,

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Broker tips: CSC, Marks & Spencer, Avanti Comms

11th Jan 2011 12:55

Even though Simon Property Group (SPG) has withdrawn its offer for shopping centre owner Capital Shopping Centres, Panmure Gordon still sees good prospects in the business if it can continue with the acquisition of the Trafford Centre. The US real estate giant SPG announced Tuesday that it has no i

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Broker snap: Substantial growth forecast at Avanti

11th Jan 2011 12:24

Equity research provider Equity Development values shares in UK-based satellite broadband group Avanti Communications at around twice the current level as the company is "now established as a credible operator in a growing market where demand far exceeds supply." Avanti sells satellite broadband se

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Avanti Comms secures Filiago deal

17th Dec 2010 13:50

Avanti Communications has won a contract to supply Germany's Filiago GmbH & Co KG with satellite broadband services via its HYLAS 1 satellite The five-year deal with Filiago, which has one of the largest satellite broadband subscriber bases in Europe, has an initial value of more than £1.3m. "Toge

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Avanti Comms gets orders for internet continuity product

14th Dec 2010 15:47

Broadband satellite operator Avanti Communications is higher Tuesday after winning a pair of deals to provide its business internet continuity range of products from the newly launched HYLAS 1 satellite. Access Intelligence and Fitzrovia IT Services have both signed up for the service, which uses a

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New 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

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London close: Triple digit gains for FTSE 100

1st Dec 2010 16:56

Footsie was posting triple-digit gains at trading's close as markets across the globe roared in approval at talk that the European Central Bank may take more measures to deal with the debt crisis. Shares here got an extra boost from news that activity in the manufacturing sector hit levels not seen

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London afternoon: Footsie jumps 120 points

1st Dec 2010 14:17

After a strong morning session leading shares kicked on some more over the lunch time period, as worries over the eurozone debt situation subside. Talk that the European Central Bank may take more measures to deal with the debt crisis has buoyed European markets, with banks bouncing back more than

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London midday: Shares keep climbing

1st Dec 2010 12:04

The leading share index looks to be heading towards triple-digit gains now as worries over the eurozone debt situation subside. Strong economic data and well-received company news here is also helping. Talk that the European Central Bank may take more measures to deal with the debt crisis has buoye

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London open: Bright start for blue chips

1st Dec 2010 08:31

London has shrugged off yesterday's dull showing on Wall Street and is posting decent gains in the first hour. Prudential is leading the way after chief executive Tidjane Thiam made Asia the cornerstone of a plan to drive the life insurance group's profits strongly forward over the next two years.

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