3D blockbusters pull in the crowds at Cineworld

26th Oct 2010 07:14

The UK's second biggest cinema chain Cineworld posted a 8.5% increase in revenue in the 42 weeks to 21 October after the summer's strong 3D film lineup. The group also said it is confident of delivering full year results at least in line with market expectations. Group box office revenues were up

Read more

OFT decides not to refer Cineworld deal

20th Oct 2010 15:40

Shares in Cineworld have edged higher after the Office of Fair Trading said that it will not refer its acquisition of the cinema at the O2 music arena in Greenwich to the Competition Commission. In June, Cineworld was awarded the rights to operate the cinema on the site of the O2 arena for 25 year

Read more

UK SMALLCAP ROUNDUP: Resaca Exploration Shelves Share Sale

30th Jun 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 RESACA EXPLOITATION INC. (RSOX.LN), an oil and gas company, said Wednesday it postponed a planned share issue due to market conditions. Resaca planne

Read more

London close: Flat finish

30th Jun 2010 15:56

A jumpy start on Wall Street did nothing to steady a volatile Footsie, but despite all the fluctuations the leading index finished hardly changed on the day. London lost 272 points in June, the third monthly decline in a row, and traded a range of well over 400 points. Miners ENRC, Kazakhmys and A

Read more

London afternoon: Miners spoil the party

30th Jun 2010 14:15

The Footsie turned south over the lunch time session as traders took note of the US stock futures market which indicates US markets will open mixed and miners took a turn for the worse. Anglo-Swedish drugs giant AstraZeneca is still the best performer after it received a favourable US ruling in it

Read more

UK SMALLCAP ROUNDUP: HMV Strategy On Track Amid Record Sales

30th Jun 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 HMV GROUP PLC (HMV.LN) Wednesday said its strategy of diversifying its business away from CDs and DVDs remains on track, although the CD market didn't de

Read more

London midday: Respectable gains for Footsie

30th Jun 2010 11:58

Gains in London are now approaching respectable, buoyed by strong demand for heavy hitters in the pharmaceuticals and energy sectors. Anglo-Swedish drugs giant AstraZeneca is the best performer after it received a favourable US ruling in its battle to keep control of the patents to its best-selling

Read more

UK SMALLCAP ROUNDUP: Scott Wilson Bidder URS Gets Deadline

30th Jun 2010 09:30

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 SCOTT WILSON GROUP PLC (SWG.LN), a U.K. engineering consultant, Wednesday said its board will give its recommendation to shareholders on the company's bi

Read more

London open: Steady opening for blue chips

30th Jun 2010 08:56

London has stabilised after the pounding for share prices on both sides of the Atlantic. Anglo-Swedish drugs giant AstraZeneca is the best performer after it received a favourable US ruling in its battle to keep control of the patents to its best-selling cholesterol-lowering drug Crestor. BP is a

Read more

Cineworld 1H Sales Up 3.7% On 3D Boost; 2H Slate "Promising"

30th Jun 2010 07:37

LONDON (Dow Jones)--U.K. cinema company Cineworld Group PLC (CINE.LN) Wednesday posted a 3.7% rise in first-half sales on the year, boosted by the release of 3D blockbusters like Avatar and Alice In Wonderland, and said it expects to benefit from a significant number of 3D releases in the second hal

Read more

London pre-open: Small gains ahead

30th Jun 2010 07:36

London's top stocks are expected to open only slightly higher following yesterday's heavy losses. Traders were nervy in Europe about bank payments that need to be made to the European Central Bank this week, while triple-digit falls on Wall Street added to London's woes on Tuesday. Today, traders e

Read more

3D paints rosy picture for Cineworld

30th Jun 2010 07:17

Big hits such as 'Avatar', 'Iron Man 2' and 'Sex and the City 2', helped cinema chain Cineworld overcome the competing attractions of the World Cup and lift revenue by 3.7% in the half year to June. Box Office reveneus rose by 4.1% over the 26 weeks, while income from selling 3D glasses, gaming mac

Read more

London close: Resource stocks drag Footsie lower

25th Jun 2010 16:42

Weakness in the resources sector ensured that Footsie finished firmly in the red. ENRC, Lonmin and Kazkhmys were big losers in the mining sector as base metal prices retreat. BP resumed its slide following a couple days' respite. Nomura Securities has suggested that the oil giant may have to ra

Read more

UK SMALLCAP ROUNDUP: WIN Recommends GBP15.9M Takeover

25th Jun 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 WIN PLC (WNN.LN), a mobile entertainment and information company, Friday said it is recommending that shareholders back a cash offer from IMImobile valui

Read more

London afternoon: Stuck in reverse

25th Jun 2010 14:14

BP trimmed its losses over the lunch time session but the Footsie ended the period more or less where it started it, as weak mining stocks continue to weigh on the index. ENRC, Lonmin and Kazkhmys remain the big losers in the mining sector as base metal prices retreat. BP is still under the cosh

Read more