Caledonia Investments full year NAV jumps
30th May 2013 08:28
Caledonia Investments increased net asset value, after strong gains across its investment portfolio, but noted that markets will be left vulnerable as quantitative easing measures are wound down. The FTSE 250 international investment trust said net asset value per share total return rose to 18.9% f
Read moreLondon close: FTSE 100 cracks 6,000 after US budget deal
2nd Jan 2013 16:30
- Footsie surges 2.2 per cent - Global stock markets rally, helped by manufacturing figures - Miners benefit from increased risk appetite The FTSE 100 surged past the psychologically-important level of 6,000 on Wednesday as stock markets across the globe celebrated the last-minute deal by US politi
Read moreFTSE 250 movers: Dunelm falls despite positive write-up from Panmure
2nd Jan 2013 15:37
Dunelm was a poor performer on Wednesday despite Panmure Gorden highlighting the stock as one of its 'conviction buys' in the UK retail sector ahead of the critical Christmas reporting season in the next few weeks. The broker said: "Our top large cap general retail sector pick is category killer a
Read moreCaledonia shifts management consultancy
2nd Jan 2013 09:24
Caledonia Investments has sold its stake in Celerant Consulting Investments, the global operations management consultancy, to Hitachi Consulting Corporation. The deal to offload its 47.3% equity holding in Celerant will net the FTSE 250 investment trust £43.3m after the repayment of outstanding lo
Read moreCaledonia has 'satisfactory' six months
27th Nov 2012 07:53
Investment trust Caledonia Investments said it had outperformed the FTSE in the last six months and was boosting its dividend. The company boasted 3.8% net asset value (NAV) total return over the six months to the end of September, which it said was "satisfactory" in the current economic climate.
Read moreLondon close: Stocks surge after US data, Spanish stress tests
1st Oct 2012 16:45
- US data beats forecasts in September - Reports imply Germany may soften stance on Greece - Banks and miners rise strongly in London - Credit Suisse says Spanish stress test a "generally credible exercise" - Credit Suisse says larger top-down questions remain in stress tests Better-than-forecast m
Read moreLondon midday: Strong start to Q4; Footsie up one per cent
1st Oct 2012 11:24
- Investors taking advantage of underpriced stocks, says analyst - Asian and UK data disappoints - Xstrata rises after agreeing terms with Glencore London's blue-chip index gained strongly in morning trading on Monday with increased risk appetite benefitting the banking and mining sectors as stocks
Read moreCaledonia expands US industrial portfolio
1st Oct 2012 07:14
Caledonia Investments, the FTSE 250 international investment trust, has bought a portfolio of five industrial businesses from US-based operating company Latshaw Enterprises. The acquisition was made with Nova Capital Management, the specialist acquirer of corporate and private equity portfolios, an
Read moreFidessa Chairman increases holding by 10,000 shares
31st Jul 2012 16:39
The Chairman of trading systems developer Fidessa Group, John Hamer, topped up his holding in the firm with the purchase of 10,000 shares on the same day the company reported that its top line growth for the first half came in below forecasts. Hamer, who joined the firm in 1983, purchased the shar
Read moreCaledonia's NAV declines
6th Jul 2012 12:50
Caledonia Investments presented the market with a slightly disappointing update on Friday which revealed a quarter-on-quarter (q/q) decline in the net asset value (NAV) per share from 1,977p to 1,918p. During the quarter ended June 30th net assets also fell from £1,134m to £1,102m while the discou
Read moreLSE boss buys double round of shares
15th Jun 2012 15:56
- Correction: On Wednesday it was incorrectly reported that Wood Group's Chairman had sold shares; it was in fact the Group Chairman who made the sale. Xavier Rolet, the chief executive officer of the London Stock Exchange Group, has had a busy few days, buying two rounds of shares in the same we
Read moreCaledonia placates shareholders with divi hike
24th May 2012 09:05
Investment trust Caledonia Investments has announced a big increase in its dividend as it seeks to mollify shareholders after five years of under-performance. In the 12 months to the end of March the firm saw its net asset value (NAV) drop 9.9% to £1.134bn. NAV per share at the end of March was 197
Read moreMears Chairman sells all of his ordinary shares
23rd Mar 2012 15:39
Bob Holt, Chairman of Mears, a social housing maintenance firm, has exercised share options for over 1,500,000 ordinary shares and subsequently sold two million shares - his entire holding of ordinary shares in the firm. He sold the shares for 250p each for a total of £0.5m. 56-year-old Holt has
Read moreFriday preview: Robert Walters, Caledonia, US jobs
5th Jan 2012 17:56
Profit warnings last month from rivals Michael Page and SThree suggest that Friday's trading statement from recruitment firm Robert Walters might not be for the squeamish. The consolation for holders of the shares is that a fourth-quarter slump in recruitment is already built into the price. Blue-
Read moreCaledonia's NAV decline paces the All-Share
22nd Nov 2011 08:52
Blue-blooded investment firm Caledonia marginally outperformed the FTSE All-Share in the first half of its financial year in what was a tough period for the UK stock market. Net asset value (NAV) at the end of September stood at £1,091m, down 13.3% from the end-March figure of £1,259m. Over the s
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