Clarkson all at sea as freight rates fall
22nd Aug 2012 08:38
Shipping services firm Clarkson has seen profits fall sharply as the global economic slowdown has left too many ships with too few goods to transport. Clarkson delivered revenues of £88.0m in the first six months of 2012, against £88.6m in the same period of 2011, but underlying profit before tax w
Read moreSector movers: Metals/mining stocks tumble after FOMC statement
4th Apr 2012 15:55
The industrial metals and mining stocks were the worst performers of the day on Wednesday as commodity prices took a tumble on the back of comments from the US central bank. Last night's minutes from the latest meeting of the Federal Open Market Committee showed that members had become less incline
Read moreFriday tips round-up: Morrisons, Balfour Beatty, Clarkson...
9th Mar 2012 06:52
In the Telegraph the Questor column hands out a rather brutal judgement on supermarket chain Morrisons. It's got an enthusiastic Chief Executive, is experimenting with convenience store formats and has launched lots of new ranges but its market share is still around 12.2%. To make matters worse the
Read moreSector movers: Mondi rises ahead of update
28th Oct 2011 16:20
The forestry and paper sector was rising higher on Friday with FTSE 250 paper and packaging firm Mondi making moderate gains. The company, which employs 29,000 employees and managed 2.41m hectares of land, is due to release its third quarter interim management statement on Monday. Shares were hig
Read moreSector movers: Torotrak lifts auto stocks higher
13th Apr 2011 12:51
Vehicle transmission group Torotrak is providing a lift to the automobiles and parts sector, with shares climbing 17%. The firm revealed Wednesday that it has signed a licensing agreement totalling £8m with its largest shareholder, US-based peer Allison Transmission. Engineering giant GKN is among
Read moreFriday tips round-up: Standard Life, Cineworld, Clarkson...
11th Mar 2011 06:56
Standard Life suffered a rough session as its shares fell more than 7% after it issued full-year results. Stripping out various one-offs, yesterday's figures came in roughly in line with expectations, with operating profit rising to £425m from £399m a year earlier. Sales of long-term savings were h
Read moreClarkson wary over oil rise impact
10th Mar 2011 18:17
Shipping services specialist Clarkson delivered on its bullish December update by lifting full year 2010 profits from £22.5m to £32.4m. Revenue was up 14.7% to £202.6m (2009: £176.7m), reflecting a strong broking division contribution as global shipping markets rebounded. "Recent unforeseeable ev
Read moreClarkson to steam past expectations
23rd Dec 2010 18:01
Shipping services group Clarkson was buoyant after saying it expects its full-year performance to exceed expectations. "Trading has continued to be positive with strong spot revenues being supported by delivery of the group's order book brought forward from previous years and the recent significant
Read moreClarkson on course
10th Nov 2010 12:51
Shipping services group Clarkson said trading in the second half of the year has been sailing along much as outlined in its August trading update, in line with the board's expectations. On the broking side of the business there has been a softening in some freight rates since the half year end. The
Read moreUK 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 moreLondon 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 moreLondon 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 moreClarkson shifting into top gear
30th Jun 2010 12:45
Trading at shipping services company Clarkson is becoming more buoyant while changes in the sterling/dollar exchange rate means the company's interim results should be ahead of expectations. The steady improvement in the company's trading environment, reported at the time of its interim management
Read moreUK 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 moreUK 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
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