UK MARKET TALK ROUNDUP: BROKERS COMMENTS
23rd Jul 2010 08:00
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0700 GMT [Dow Jones] UBS initiates Chemring (CHG.LN) at buy with a 3600p target. Reckons the group will continue to grow earn
Read moreChemring Buys Back 10,000 Shares To Hold In Treasury
30th Jun 2010 14:44
LONDON (Dow Jones)--Chemring Group PLC (CHG.LN) said Wednesday it has purchased a total of 10,000 of its ordinary shares via Investec Investment Banking. MAIN FACTS: -The highest price paid was 2997.98 pence per share and the lowest price paid was 2970 pence per share. -The purchased sha
Read moreChemring Group Buys 20,000 In Own Shares
29th Jun 2010 17:18
LONDON (Dow Jones)--Chemring Group PLC (CHG.LN), announced Tuesday it purchased a total of 20,000 ordinary shares of 5 pence each. The highest price paid was 3000.8 pence per share and the lowest price paid was 3000.0 pence per share. MAIN FACTS: -The purchased shares will be held as treasur
Read moreChemring Group Buys Back 15,000 Shares/3059P-3030P
29th Jun 2010 09:39
LONDON (Dow Jones)--Chemring Group PLC (CHG.LN) said Tuesday that on June 28, it purchased 15,000 of its ordinary shares at prices between 3059 pence and 3030 pence per share, which will be held as treasury shares. Shares at 0835 GMT down 60 pence, or 2%, at 2993 pence valuing the company at GBP
Read moreNon-exec's firm cashes in at Lancashire
28th Jun 2010 16:33
Lancashire Holdings non-executive director Barry Volpert is chief executive of private equity firm Crestview, which has raised more than £4.7m from the sale of shares in the property, aviation and marine insurer. The share prices of the five separate disposals varied from 497p to just over 500p. C
Read moreChemring Group Buys Back 20,000 Ordinary Shares
28th Jun 2010 10:18
LONDON (Dow Jones)--U.K. defense company Chemring Group PLC (CHG.LN) said Monday it purchased 20,000 ordinary shares on June 25. MAIN FACTS: -The highest price paid was 3011 pence per share and the lowest price paid was 2990 pence per share. -The purchased shares will be held as treasury
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
25th Jun 2010 12:06
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1106 GMT [Dow Jones] Investec increases Chemring (CHG.LN) price target to 4150p from 4000p after announcing it is to acqui
Read moreMARKET TALK: Investec Increases Chemring Price Target
25th Jun 2010 12:06
1106 GMT [Dow Jones] Investec increases Chemring (CHG.LN) price target to 4150p from 4000p after announcing it is to acquire two operating units of Allied Defense Group (ADG). Estimates that the acquisition will enhance earnings by 4.5% in the first full year. Meanwhile, notes that the market was un
Read moreUS HOT STOCKS: Oracle Active In Late Trading
24th Jun 2010 21:57
U.S. stocks closed lower Thursday as the Dow Jones Industrial Average lost 146 points to 10153, the S&P 500 declined 18 points to 1074 and the Nasdaq Composite slid 37 points to 2217. Among the companies whose shares are actively trading in the after-hours session are Oracle Corp. (ORCL), Research I
Read moreUS HOT STOCKS: Bed Bath & Beyond, Pfizer, Hasbro, Discover
24th Jun 2010 18:14
U.S. stocks were lower Thursday as the Dow Jones Industrial Average lost 98 points to 10201, the S&P 500 declined 13 points to 1079 and the Nasdaq Composite slid 27 points to 2227. Among the companies whose shares are actively trading in the session are Bed Bath & Beyond Inc. (BBBY), Pfizer Inc. (PF
Read morePost-results buying from Kesa directors
24th Jun 2010 16:44
Seven of the eight directors of consumer electronics retailer Kesa Electronics have bought shares following yesterday's full year figures. The biggest purchases were by chief executive Thierry Falque-Pierrotin, chairman David Newlands and finance director Dominic Platt. Falque-Pierrotin bought 100
Read moreUS HOT STOCKS: Bed Bath & Beyond, Pfizer, Hasbro, Nike
24th Jun 2010 15:39
U.S. stocks were lower Thursday as the Dow Jones Industrial Average lost 90 points to 10208, the S&P 500 declined 1% to 1081 and the Nasdaq Composite slid 1% to 2231. Among the companies whose shares are actively trading in the session are Bed Bath & Beyond Inc. (BBBY), Pfizer Inc. (PFE) and Hasbro
Read moreChemring Reaches Deal To Acquire ADG Businesses
24th Jun 2010 15:37
By Jonathan Buck Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Chemring Group PLC (CHG.LN) Thursday announced it would acquire the two principal operating units of Allied Defense Group Inc. (ADG) for $59 million in cash in a deal that helps the U.K. missile-defense company complete a transactio
Read moreAllied Defense Soars On Revised Buyout Deal With Chemring
24th Jun 2010 14:51
DOW JONES NEWSWIRES Allied Defense Group Inc. (ADG) has reached a deal to sell most of its operations to Chemring Group PLC (CHG.LN) for $59.6 million, replacing a prior deal to buy the whole company. Shares of the ammunition company surged 60% to $4.23. Still, the stock is down 16% this ye
Read moreChemring Unable To Complete ADG Buy On Original Terms, Amends Deal
24th Jun 2010 14:34
LONDON (Dow Jones)--U.K. defense company Chemring Group PLC (CHG.LN) said Thursday it won't conclude the acquisition of Allied Defense Group Inc (ADG) pursuant to the merger agreement as ADG received a subpoena from the U.S. Department of Justice, or DOJ, on the same day as the deal was announced re
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