Tuesday broker round-up - UPDATE
29th Nov 2011 09:15
Senior: Credit Suisse keeps at neutral, raises target to 175p from 165p. Icap: Credit Suisse keeps at outperform, lowers target to 420p from 510p. G4S: HSBC upgrades to overweight from neutral. Rio Tinto: UBS cuts target from 6,000p to 5,650p, buy rating kept [28 November]. BP: Nomura keeps neut
Read moreLondon open: Miners and banks prove a drag
29th Nov 2011 08:36
Investors are generally holding their fire ahead of this afternoon's Autumn statement from the Chancellor of the Exchequer, George Osborne. The Footsie gives back a few of the gains made yesterday, largely as a result of the weakness of miners, while banks are also off the boil. PUTTING ON A SHOW
Read moreChamberlin revenue jumps 25%
29th Nov 2011 08:23
Specialist castings and engineering group Chamberlin said half yearly revenue rose by a quarter and it expects full year results to be in line with current market forecasts. Revenues rose to £23m for six months ended 30 September 2011 from £18.3m a year earlier. The maker of safety and security pr
Read moreChamberlin on track for full year
11th Oct 2011 07:32
Castings and engineering group Chamberlin said trading in the first half of the financial year has been in line with management forecasts. The group, which makes metal products such as door handles and steering wheel components, said order flow across core foundry activities has reflected predicte
Read moreChamberlin back in profit as recovery continues
24th Nov 2010 12:12
Shares in Chamberlin, which makes metal products such as door handles and steering wheel components, moved higher after it returned to profit in the six months to September 30 as sales moved back towards pre-economic crisis levels. The company posted a pre-tax profit of £91,000 for the period, agai
Read moreSmall caps: Titon, Utd Drug, Vernalis...
29th Jul 2010 14:16
Blinds specialist Titon's revenues for the 3 months to June were 19% higher than the corresponding period last year, with UK sales 15% higher and the rest of the world 37% higher. Growth in the UK came from higher sales of mechanical ventilation systems. There were also increased sales volumes in
Read moreChamberlin Sees Return To FY Profit
29th Jul 2010 07:45
LONDON (Dow Jones)--Chamberlin PLC (CMH.LN), a specialist engineering group, said Thursday it trading in the first quarter of fiscal 2011 has remained strong across all three of its foundries, and said it expects to return to profit for the full year. MAIN FACTS: -Co. seeing the benefits of
Read moreNon-exec's firm cashes in at Lancashire
28th Jun 2010 16:33
Lancashire Holdings non-executive director Barry Volpert is chief executive of private equity firm Crestview, which has raised more than £4.7m from the sale of shares in the property, aviation and marine insurer. The share prices of the five separate disposals varied from 497p to just over 500p. C
Read moreChamberlin Swings Into FY10 Loss, Sees Return To Profit FY11
10th Jun 2010 09:08
LONDON (Dow Jones)--Chamberlin PLC (CMH.LN), a foundry and engineering group, Thursday reported a swing into loss for fiscal 2010 but it expects to return to profitability in the new financial year, adding that it plans to return to paying dividends once conditions improve. MAIN FACTS: -Reve
Read moreStablisation seen at Chamberlin after tough half year
27th Nov 2009 08:16
Foundry and engineering firm Chamberlin dived into the red at the interim stage but is confident of a better second half. Loss before tax and exceptional items for the six months to end-September was £0.48m, versus a profit of £1.21m (restated) a year earlier. With exceptional items included the l
Read moreSmall caps round-up: Molins, Abbeycrest, Agriterra, Chamberlin
23rd Oct 2009 14:13
Cigarette vending machine maker Molins does not seem to be suffering unduly from the effects of the smoking ban in the UK, with trading since the company's interim results announcement in late August remaining in line with expectations. Performance in the Tobacco Machinery and Scientific Services d
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