United Utilities boss raises £588,000 from share sale
28th Mar 2011 16:48
United Utilities chief executive Philip Green has raised £588,000 by selling 100,000 shares. Green still has 116,384 shares. The shares that were sold for 588p each were owned by Green and his wife Judy, who no longer holds any shares. In February, Green received 136,607 shares from the company'
Read moreLondon close: Miners get a hammering
23rd Nov 2010 16:57
Footsie staved off a triple-digit fall by less than half a point as worries over the situation in Korea and the prospect of other European countries joining Ireland in the queue for a bail-out nagged away at investors all day. Asia-focused bank Standard Chartered was hit by worries over the exch
Read moreLondon afternoon: TUI bid rumour revived
23rd Nov 2010 14:11
With the Dow Jones index expected to register a triple-digit fall when Wall Street opens, sentiment in London has dipped further. Fears of debt contagion in the euro-zone are pushing the banks down, with Barclays, Standard Chartered and Lloyds Banking the hardest hit. Royal Bank of Scotland defies
Read moreLondon midday: Tough morning for blue chips
23rd Nov 2010 11:48
Blue chips have had a difficult morning with the twin concerns of a serious outbreak of fighting in Korea and Irish bail-out worries knocking sentiment. Fears of debt contagion are pushing the banks down, with Barclays, Standard Chartered and Lloyds Banking the hardest hit. Royal Bank of Scotland
Read moreCautious Caledonia to focus on income
23rd Nov 2010 08:11
Blue-blood investment firm Caledonia is taking a cautious view of short-term prospects for equity markets and intends to increase liquidity and focus more on income rather than capital growth. "A rebalancing of the portfolio will incorporate a specific allocation to income producing investment," ch
Read moreCaledonia Invs. bests All-Share
6th Jul 2010 16:38
Self-managed investment trust Caledonia Investments saw a decline in its diluted net asset value (NAV) per share in the second quarter though it comfortably outperformed the FTSE All Share. Diluted NAV per share at the end of June fell 8.84% to 1854p, down from 2034p at the end of March. Over the
Read moreThursday's tips round-up: Caledonia, Spectris, AngloPac
20th May 2010 06:45
The slow but steady nature of Caledonia's returns will appeal to the very long-term investor, as will its record on dividends ? that payout was raised yesterday, by 4.4 per cent, the 43rd year of successive advance. However, given the stock market's recent slide, there are better bargains available
Read moreCaledonia lags index
19th May 2010 08:18
Investment company Caledonia posted a 30% increase in assets during the past 12 months but remains cautious over the prospects for the current year in the UK and US. Total assets in the year to March rose to £1.18bn, with diluted NAV per share up to 2,034p. Both figures rose by 30.5%, some way shor
Read moreWill Wyatt named Caledonia's new chief exec
25th Jan 2010 15:17
Caledonia Investments announced that Will Wyatt will succeed Tim Ingram as chief executive of the investment trust in July. Ingram will retire at the company's next AGM on 21 July. Wyatt worked for 3 years in the Corporate Finance division of Close Brothers before he joined the Caledonia Group in 1
Read moreShea takes Daniel Stewart stake to 15%
6th Jan 2010 14:58
Peter Shea has added to his holding in broker Daniel Stewart Securities. Shea is chief executive of the broker and this is his first transaction in the shares since early September before a link up with Cairo-based Prime Group was announced. Middle East investment bank Prime was going to invest £2
Read moreComputacenter chairman buys
27th Nov 2009 15:42
Computacenter chairman Greg Lock has increased his stake in the computer services company the day after it acquired Germany-based IBM systems provider becom Informationssysteme. Lock, who is also chairman of Kofax and previously worked at IBM, has taken his stake to 350,000 shares with the purchas
Read moreCaledonia not inclined to gear up
25th Nov 2009 08:16
Investment trust Caledonia Investments is maintaining a cautious investment approach despite the strong recovery in equity markets since March. ‘In many cases equity prices are not at present looking particularly attractive when analysed against the fundamental financial outlook for the companies t
Read moreCaledonia unveils new FD
20th Nov 2009 07:51
Investment company Caledonia Investments has settled on former De La Rue man Stephen King as its new finance director. King will take over from Jonathan Cartwright when he steps down from the board on 9 December. King, a qualified chartered accountant, has held senior financial positions with Lonh
Read moreDealings round-up: BlueBay duo cash in
18th Sep 2009 17:26
Two directors of BlueBay today took advantage of the recent tripling in its share price to trim their holdings in the fixed income fund manager. A secondary placing of shares saw Nick Williams, Chief Financial Officer, sell 1m shares and Alex Khein, Chief Operating Officer dispose of 2m shares. Th
Read moreSainsbury's new chair Tyler opens account
17th Sep 2009 16:29
New Sainsbury's chairman David Tyler wasted no time in opening his account, snapping up £167,000 of shares in the supermarket chain today. The former finance boss of GUS, who joins the board at the start of next month and becomes chairman on 1 November, paid 334.3p each for 50,000 shares. Tyler ta
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