Friday 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
Read moreClarkson 1H Trading Ahead Of Own Views As Shipping Improves
30th Jun 2010 08:14
LONDON (Dow Jones)--Shipping services group Clarkson PLC (CKN.LN) Wednesday said first-half trading is ahead of its expectations, reflecting an improvement in shipping markets and foreign exchange benefits. Clarkson didn't give details of its internal forecasts but analysts expect the company to p
Read moreSmall caps round-up: Aurelian, Cineworld, Greggs...
12th May 2010 12:36
Eastern Europe focused oil and gas explorer and producer Aurelian today reconfirmed "steady" progress against all targets set out in October's strategy document. "We are on track to spud our first two high impact wells in line with our milestones; in June we commence the drilling of the first multi
Read moreFriday tips round-up: Dignity, Clarkson, Cineworld
12th Mar 2010 06:59
Funeral group Dignity's shares have jumped by just 10% the past year, suggesting they are fairly valued, trading on a 2010 price-to-earnings ratio of 15.5 times. In the longer term, the so-called "baby boomers" are expected to start dying off in large numbers over the next few years, which will pro
Read moreClarkson profits sail south, ups divi
11th Mar 2010 08:03
Shipbroking and shipping services group Clarkson said lower freight rates weighed on full year profit but it is well positioned to take advantage of a recovery in shipping markets this year. Profit before taxation and exceptional item fell to £22.5m for the twelve months ended 31 December 2009 fro
Read moreThursday preview: Wm Morrison, Old Mutual, Clarkson...
10th Mar 2010 16:54
Supermarket chain Wm Morrison publishes figures without a chief executive as incoming CEO Dalton Philips isn't due to fill the hot seat until later this month. Instead, non-executive chairman Sir Ian Gibson and finance chief Richard Pennycook are expected to reveal underlying profit topped £760m la
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