Cranswick increases H1 profit, divi
15th Nov 2010 07:18
Pork specialist Cranswick served up a 12% increase in half year pre-tax profit, hiked its dividend and said it was confident for the second half. Pre-tax profit rose to £23.8m in the six months ended 30 September 2010 from £21.3m in 2009 following increased demand for its pork products. Turnover fo
Read moreThursday tips round-up: Marston's, Greggs, Cranswick
7th Oct 2010 06:51
Marston's is for those who enjoy an old-fashioned pint and an old-fashioned pub company. Marston's shares sell on about ten times' earnings for the year to end-September and have the buttress of a 6 per cent yield. In a battered sector, a "hold" at least, says the Times. Greggs, the bakery chain, a
Read moreLondon close: Five month high for FTSE 100
5th Oct 2010 16:37
An uncertain start to the day was a distant memory by trading's close as shares surged following a strong start in the US, helping Footsie hit its highest levels in five months. US stocks were boosted by better than expected growth in service companies in the world's biggest economy in September. T
Read moreFTSE 250 movers: Traders tuck into Cranswick
5th Oct 2010 15:16
Investors have a strong appetite for Cranswick today after the pork products supplier said it has had a "positive" first half, with turnover up 8% at the meat supplier, or 12% adjusted for the sale of its cooked meats business. But elsewhere in the sector, Premier Foods is left untouched after gain
Read moreLondon afternoon: Sunny side up for London
5th Oct 2010 14:10
Winners outnumber losers by about three to one among FTSE 100 constituents as London participates in the advance of global stock markets following the Bank of Japan's decision to cut its benchmark interest rate. Sentiment has also been given a boost by reports of growth in activity in the services
Read moreLondon midday: Kazakhmys chairman sells 11%
5th Oct 2010 12:10
Footsie clung on to modest gains throughout the morning session but trading volumes have been light, with investors keeping their powder dry ahead of Thursday's announcement from the Bank of England about quantitative easing. Sentiment was given a boost by reports of growth in activity in the servi
Read moreLondon open: Early gains for blue chips
5th Oct 2010 08:51
Blue chips have moved up gently in the first hour helped by reassuring trading updates from Tesco and TUI Travel. Supermarket giant Tesco's first half profits surged 12% despite sluggish underlying sales in the UK. Pre-tax profits rose to £1.6bn in the half year to August on sales up 8.3% to £32.9b
Read moreLondon pre-open: London ignores Wall Street lead
5th Oct 2010 07:41
Fears that London might follow Wall Street lower look set to be allayed, with City sources predicting the FTSE100 will open 15 points up from yesterday's close of 5,556. Supermarket giant Tesco's first half profits surged 12% despite sluggish underlying sales in the UK. Pre-tax profits rose to £1.6
Read moreCranswick 'positive' at half-way stage
5th Oct 2010 07:15
Cranswick has had a "positive" first half, with turnover up 8% at the meat supplier, or 12% adjusted for the sale of its cooked meats business. Overall operating margins were in line with expectations, said the group which sold its Deeside cooked meats facility to Wm Morrison-owned Farmers Boy (Dee
Read moreCranswick Jim Brisby Appointed Sales, Marketing Director
26th Jul 2010 10:34
LONDON (Dow Jones)--Cranswick PLC (CWK.LN), said Monday that Jim Brisby will be appointed sales and marketing director of the company following the cessation of the company's annual general meeting on Monday July 26. -Shares at 0930 GMT up 16.50 pence, or 1.92%, at GBP876.50 pence, valuing the
Read moreUK SMALLCAP ROUNDUP: PIRC Opposes Cranswick Election And Pay
20th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CRANWSICK PLC (CWK.LN) shareholders should oppose the re-election of executive chairman Martin Davey as well as the remuneration report, investor advisor
Read morePIRC Urges Cranswick Shareholders To Reject Chairman Vote, Pay
20th Jul 2010 12:57
LONDON (Dow Jones)--Shareholders of food producer Cranswick PLC (CWK.LN) should oppose the re-election of Executive Chairman Martin Davey as well as the remuneration report, investor advisory group PIRC said Tuesday. Davey was previously chief executive of the sausage specialists from 1988 to 20
Read moreSunday tips round-up: Ryanair, Cranswick, Ocado
18th Jul 2010 11:46
Shares in low-cost carrier Ryanair have flown back to the level they were at before the volcanic ash cloud disrupted flights and caused the sector to plunge in May. The company's long-term prospects justify this re-rating. Trading on a March 2011 earnings multiple of 15.9 times falling to 11.7 next
Read moreThursday tips round-up: LSE, Burberry, Northern Foods
15th Jul 2010 06:21
The London Stock Exchange has had a rocky ride recently, so much so that after moving back into the FTSE 100 index of blue chips stocks, it was booted off again in the June index review. Recent price changes have made the LSE more competitive, and compared to April, the exchange's share of trading
Read moreWednesday tips round-up: Northern Foods, Cranswick, DTZ
14th Jul 2010 07:02
Northern Foods expects trading to remain challenging, which might be stating the obvious, but it says it is prepared for further squeezes on consumer spending, having already expanded the range of lower-value products it provides to Tesco, in particular. The shares sell on about seven times' this
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