7th Jun 2011 07:33
The top share index is expected to give back the previous day's modest gains on another quiet day on the company news front. Struggling CD and DVD retailer HMV has struck a refinancing deal with its banks worth £220m that represents an "important milestone" in securing the company's financial stab
Read more7th Jun 2011 07:21
Stockbroking firm Charles Stanley posted a 30% increase in annual pre-tax profit and said it was well placed to move forward despite the uncertain economic background. Pre-tax profit rose to £13.4m for the year ended 31 March 2011 from £10.3m the year before. Revenue for the year climbed to £125.6
Read more16th May 2011 13:49
Stockbroking firm Charles Stanley has bought Birmingham-based wealth management firm Jobson James Financial Services (JJFS). Charles Stanley will pay up to £2.25m for the financial services firm, subject to certain revenue targets being achieved. Jobson James Insurance Brokers, JJFS's sister compa
Read more27th Jan 2011 13:24
Spreadbet firm IG Group has one month to pay £4m into the Financial Services Compensation Scheme to help refund retail investors who lost money they had in firms that collapsed last year. The invoice is in addition to the £1m provisioned for and, although the company is certainly able to afford it,
Read more26th Jan 2011 11:34
Patagonia Gold has risen on news that final results from the recently completed drill campaign on the COSE project in Argentina have revealed more "exceptionally high grade" gold and silver. A potential new mineralised vein has also been discovered at Cap-Oeste with drill-hole CO-166-D which inters
Read more11th Nov 2010 06:39
Prudential reported positive numbers yesterday, but the Independent is still put off by the ill-conceived £22bn bid for AIA that failed earlier this year and cost the insurer £350m. It is really a question about management, one that Prudential has yet to provide a satisfactory answer to, the paper
Read more10th Nov 2010 08:55
Stockbroker Charles Stanley reported a 33% increase in half year pre-tax profit and hiked its interim dividend. "While there is still some way to go before we can be clear about the broader outlook, in relation to Charles Stanley I feel a degree of optimism about the months ahead," chairman David H
Read more7th Sep 2010 16:35
Graham Wilson, the chairman of Goals Soccer Centres, has bought shares following yesterday's interim results. Wilson has invested just over £12,000 in buying 10,000 shares at 123.5p each. That takes his stake to 350,000 shares. Wilson has been buying throughout the year and each time the price i
Read more29th Jul 2010 14:16
Blinds specialist Titon's revenues for the 3 months to June were 19% higher than the corresponding period last year, with UK sales 15% higher and the rest of the world 37% higher. Growth in the UK came from higher sales of mechanical ventilation systems. There were also increased sales volumes in
Read more29th Jul 2010 07:55
LONDON (Dow Jones)--Stockbroker and investment management group Charles Stanley Group PLC (CAY.LN) Thursday said revenue in the first quarter of fiscal 2011 was up 11% on year, despite a 4.7% fall in assets under management, and that it is well positioned across all its divisions for the rest of the
Read more8th Jun 2010 13:01
The chairman of Charles Stanley said he was more confident about the outlook than he has been in two years as the stockbroker posted a rise in profits despite continuing economic turbulence. In the year to March 31 adjusted pre-tax profits climbed to £13.7m from £12.5m the previous year. Revenue ro
Read more8th Jun 2010 08:03
LONDON (Dow Jones)--Charles Stanley Group PLC (CAY.LN), an independently owned, full service stockbroking and investment management group, advising on substantial funds said Tuesday that for the year ended March 31, it made a pretax profit of GBP10.3 million on revenue of GBP115.0 million. MAIN
Read more28th Jan 2010 05:54
There are few large-cap miners whose shares are as geared to commodity prices as India's Vedanta Resources. Last year's share price performance ? a rise of 327 per cent ? said as much. So, too, did yesterday's third-quarter update. The imminent redemption of a $725 million convertible bond at a 40 p
Read more27th Jan 2010 17:00
Shares continued their weak run of recent days, with the FTSE 100 ending the day deep in the red. Mining stocks fell on enduring concerns that the Chinese authorities will introduce further measures aimed at cooling down the country's overheating economy. Xstrata, Fresnillo and Anglo American are t
Read more27th Jan 2010 13:38
London's attempts at a rally fizzled out over the lunch time session though the Footsie is trying once more at the mid-afternoon point to climb the mountain. Mining stocks continue to impede the blue-chip index's progress, however, on enduring concerns that the Chinese authorities will introduce f
Read more