Genus Finance Director sells 43,000 shares
14th Mar 2012 15:32
John Worby, Group Finance Director of Genus, the FTSE 250 animal genetics firm, has sold 43,000 shares, half of the amount he vested earlier this month. Worby sold 43,261 shares at 1,318.41p each for a total of £570,357. The sale was made further to the vesting of 86,523 conditional nil-cost share
Read moreCello to up the tempo
13th Mar 2012 13:52
Market insight and strategic marketing combo Cello has whacked up its full year dividend by a fifth, despite one off costs turning earnings per share negative. Headline profit before tax, which excludes amortisation, impairment and restructuring costs, rose 10.2% to £7.1m in 2011 from £6.4m in 2010
Read moreCello on song
13th Sep 2011 07:55
First half numbers from marketing group Cello were music to the ears of shareholders on Tuesday morning as the group unveiled a robust performance. Revenue grew 2.3% from £61.5m to £62.9m on a like-for-like basis, while gross profit increased to £30.5m (2010 H1: £29.9m). Headline profit before tax
Read moreLondon close: FTSE 100 limps back above 6,000
6th Jul 2011 16:33
The top share index was above the 6,000 point mark at the close of play, but only just after worries over the Eurozone crisis - and global growth - sent stocks lower. The People´s Bank of China's decision to raise its key policy rate by 25 basis points with effect from tomorrow sent markets into re
Read moreLondon midday: Stocks fall back after Portugal downgrade
6th Jul 2011 12:08
Stocks have sunk below the 6,000 point mark as worries set in again over the Eurozone debt situation. The focus has shifted from Greece to the other side of the Mediterranean after credit rating agency Moody's Investor Service has lowered Portugal's rating to junk status, warning the country may ne
Read moreLondon open: WPP drags sluggish FTSE 100 lower
6th Jul 2011 08:34
Stocks have got off to a sluggish start again today, with most of the excitement to be found among smaller companies. That said, acquisitive advertising conglomerate WPP is the heaviest faller in the large-cap index. It has been waving its debit card about again, this time acquiring a majority stak
Read moreLondon pre-open: Lethargy lingers
6th Jul 2011 07:39
Leading stocks are once again looking for direction, with City traders predicting the top-share index will open up just 5 points or so higher than last night's closing value of 6,024. Cash and carry group Booker says it is on course to meet expectations for the year ending 30 March after seeing a s
Read moreCello warns on profits after retail setbacks
6th Jul 2011 07:16
Advertising and marketing group Cello expects profits for the full year to fall short of expectations after losing a retail research contract earlier this month and seeing one of its retail clients entering administration. The company expects to incur a full year exceptional charge of about £500,00
Read moreCello update hits flat note
17th May 2011 13:54
A trading update from market research and consulting group Cello hit a flat note with investors, as the chairman, Allan Rich, reminded them that public sector cutbacks will have an impact on like for like first half performance of the group's Tangible division. Rich said that the core Healthcare ac
Read moreCello unbowed by share price fall
15th Mar 2011 09:55
A placing of 5.3m shares at 52.5p, well below the prevailing market price, to help fund an acquisition overshadowed a decent set of full year results from market research and consulting group Cello. The company, which is raising around £2.8m through the placing, is paying $5.5m cash plus 5.8m Cello
Read moreSector movers: Media pushed higher by guidance-beating updates
19th Jan 2011 16:01
Media is one of the top performing sectors today led by market research and consulting group Cello and publishing giant Pearson, who both provided positive updates that said results will beat guidance. Cello said it expects full year pre-tax profit to be ahead of expectations after a strong second
Read moreCello sees FY ahead of expectations
19th Jan 2011 07:53
Market research and consulting group Cello said it expects full year pre-tax profit to be ahead of expectations after a strong second half. "Performance has been particularly strong in the pharmaceutical and health related client sectors," the group explained. The group's market research and consu
Read moreBroker tips: Kingfisher, TalkTalk, Cello
17th Sep 2010 13:17
While the market gave an enthusiastic reception to Thursday's update from Kingfisher, Nomura Securities suggests the DIY retailer's recovery story is only halfway through, and we don't know the ending yet. "The UK and France were in line with consensus expectations, but highlighted ongoing progress
Read moreBroker snap: Cello to add more strings to its bow
17th Sep 2010 13:16
Singer Capital Markets is initiating coverage of market research and consulting group Cello with a positive recommendation, saying that most of the company's earn out obligations from previous takeovers are behind it and the company is in a position again to expand through acquisition. The company
Read moreCello back in profit
14th Sep 2010 07:50
Market research and consulting group Cello returned to the black in the half year and it remains confident for the full year. "We are now seeing a pick up from our clients in the private sector across a range of industries and we are benefiting from our strong long term relationships and internatio
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