Hammerson finance boss lays foundations
15th Sep 2011 15:08
The finance boss of Hammerson Timon Drakesmith has upped his stake in the shopping centre owner, spending nearly £200,000 on shares. He bought 50,000 shares in the company, paying 384.99p a time. Drakesmith will be glad he didn't rush into buying the shares following his appointment in June. They
Read moreFriday tips round-up: Pendragon, Centaur, ABF
15th Jul 2011 06:33
The rights issue from Pendragon, our biggest car dealer, does the job of shoring-up the finances and putting the business in a better shape to go ahead. It is also enormous, nine new shares for eight and at 10p, is a 54% discount to the last closing share price. Nick Bubb at Arden Partners is looki
Read moreLondon close: Thomas Cook leads the decline
14th Jul 2011 16:47
Stocks closed firmly in the red on a day that saw stocks moving sharply in both directions after a raft of updates. Investors had a keen appetite for shares in Premier Foods. The Hovis bread and Sharwood ready-meals maker unveiled industry veteran Mike Clarke as its new head honcho. Clarke, current
Read moreLondon midday: Stocks move lower
14th Jul 2011 12:10
Stocks are deep in the red following this morning's slide. Associated British Foods is bucking the downward trend. It said its outlook for the full year is in line with expectations as its food arm and budget clothing retail chain Primark continue to perform well. Silver producer Fresnillo is spa
Read moreCentaur Media gets digital ad boost
14th Jul 2011 11:27
Centaur Media, the publisher and events organiser, says revenues are up 14% on 2010 and it expects profits at the top end of expectations. Interestingly, the firm which produces the Lawyer and Marketing Week, says digital advertising revenues (+14%) were up much more than print (+7%) perhaps giving
Read moreCentaur Media bets on restructuring for growth
28th Jun 2011 10:53
Publishing and event organiser Centaur Media is betting on restructuring its company into three main operating divisions to accelerate revenue and margin growth, saying the plan will result in significant cost savings and operational benefits. According to the initiatives, the company will merge th
Read more3i boss spends £275,000
10th Jun 2011 16:09
The chief executive of 3i, Michael Queen, has spent £275,000 on shares in the private equity group. He took 100,000 shares at just over 275p a time. Finance director Julia Wilson, meanwhile, took 10,000 shares at 272.6p a time. 3i last month upped its dividend by 20% after reporting a sharp rise
Read moreNorth America boss offloads Pearson shares
2nd Mar 2011 17:47
Will Ethridge, chief executive of Financial Times publisher Pearson's North American education division, has sold a big chunk of shares in the company. He disposed of 33,000 American Depositary Receipts (ADRs) for $16.83 (£1,033p) a time or a total of nearly £350,000. News of the share sale comes
Read moreSector movers: Media stocks move ahead after updates
16th Sep 2010 14:59
A slew of updates from publishers has sent the media sector higher. Specialist publisher and events organiser United Business Media (UBM) pleased the market by announcing that is to acquire Canon Communications, a trade show organiser specialising in the medical devices sector, for £185m. Dods is
Read moreAdvertising recovery cheers Centaur Media
16th Sep 2010 13:09
Centaur Media, the publishing and events group behind titles such as Marketing Week, hailed a recovery in advertising markets as it returned to profit. The company posted an adjusted pre-tax profit of £5.2m in the six months to June 30, against a loss of £1.2m over the same period the previous year
Read moreNew 3i chairman buys
19th Jul 2010 16:54
3i's new chairman has acquired his first shares in the private equity company since joining the board. Sir Adrian Montague bought 10,000 shares at 279.2p each, for a total cost of £27,920. Sir Adrian joined the 3i board on 1 June 2010 and became chairman of the FTSE 100 company on 7 July. Sir A
Read moreUK SMALLCAP ROUNDUP: Diploma Earnings To Beat Market Views
8th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DIPLOMA PLC (DPLM.LN), a supplier of technical products like hydraulic seals and wiring for control systems, Thursday said it expects fiscal-year earning
Read moreSmall caps round-up: Galliford Try, Samuel Heath, Hambledon...
8th Jul 2010 12:31
Housebuilder Galliford Try's expansion plan is ahead of target and full-year results should match the upper end of forecasts for adjusted profit before tax of £23m-£25.5m. "As the market stabilised during the year, prices firmed and we achieved better than anticipated sales with completions sharply
Read moreUK SMALLCAP ROUNDUP: Connaught's CEO, Finance Director Resign
8th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CONNAUGHT PLC (CNT.LN), a U.K. support services firm, Thursday said its chief executive and finance director have resigned from their roles, a week after
Read moreUPDATE: Centaur Media's Advertising Recovery Continues
8th Jul 2010 12:20
(Adds detail, analyst comments, share price.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Publisher Centaur Media PLC (CAU.LN) Thursday said a recovery of the advertising market has continued in to its current fiscal year, as it announced a 10% on-year rise in second-ha
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