Clarkson 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
Read moreWeek Ahead: New chief makes bow at Wm Morrison
5th Mar 2010 13:03
Another big week for results lies ahead, spread across a whole range of sectors. Wm Morrison's new chief executive Dalton Philips will only have been in his job for a day when the supermarket chain reports on Thursday. The figures should be good, with conditions for food retailers still helpful a
Read moreBroker tips: Michael Page, Amec, Wood Group...
5th Mar 2010 12:50
Michael Page fell back Friday following a mixed response to an 85% slump in profits at the recruiter last year. KBC Peel Hunt says adjusted profit before tax of £21.1m, down from £140m in 2008, was slightly ahead of expectations. "The balance sheet remains robust and the company maintains an exc
Read moreBroker snap: Results ahoy for shipping issues
5th Mar 2010 12:00
Last year was a difficult one for the shipping sector, hit by the recession, low freight rates and overcapacity, but Charles Stanley sees more optimism in 2010. Volatility looks set to continue, it says, with Chinese demand and infrastructure spending likely to determine the outcome for the dry bul
Read moreClarkson to meet forecasts
13th Jan 2010 07:38
Clarkson said trading has continued in line with expectations and the shipping services firm remains confident that it will meet current market forecasts for the full year. Preliminary results for the year ending 31 December will be announced on 11 March 2010.
Read moreSector movers: Transportation stocks buoyant
15th Dec 2009 11:57
One of the most buoyant sectors today is industrial transportation, in spite of a sharp fall in the share price of Interbulk. The container operator saw pre-tax profits in the year to 30 September fall to £3m from £4.6m over the same period the previous year on revenues that slipped to £232.5m fro
Read moreClarkson chief cuts stake
6th Nov 2009 16:29
Chief executive Andi Case has sold just over one-quarter of his stake in shipping services company Clarkson. He raised £1.6m and retains a 2.91% stake. Case joined Clarkson in 2006. Case was awarded 210,000 shares as a deferred bonus in June 2008 at the time he became chief executive. This is part
Read moreSmall caps round-up: Charteris, Hilton, Clarkson...
5th Nov 2009 15:17
Business software specialist Charteris cut its dividend by 60% as it slumped into a loss of £1.2m in the year to July from a profit of £1.35m. Revenue fell to £20.3m (2008: £23.4m). The dividend is 0.2p per share against 0.5p. "Our business experienced challenging trading conditions throughout the
Read moreNew Travis chairman buys
30th Oct 2009 16:31
Robert Walker, the chairman-designate of Travis Perkins, has bought his first shares in the builders' merchant. Walker was appointed to the Travis Perkins board on 30 September 2009 and he is due to take over as chairman from Tim Stevenson in May 2010. Walker has bought a total of 25,000 shares at
Read moreSmall caps round-up: Trafficmaster, UK Coal, Xtract Energy
27th Aug 2009 11:43
Satnav group Trafficmaster is still heading higher after growing pre-tax profit by 43% in the first six months of 2009 to £3.4m on revenue up 6% to £28.9m. 'We expect to continue to encounter tough market conditions, but we believe we are well placed to meet expectations for the year,' chief execut
Read moreSmall caps round-up: MediaZest, Reneuron, Atlantic Coal...
30th Jun 2009 09:00
Display advertising and screens provider Mediazest's pre-tax profits slide in the year as administrative expenses were too high, prompting the firm to undertake further cost cutting measures. The group also said first half of 2009 has seen a drop in activity as a consequence of the economic downt
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