Daniel Stewart raises £1.2m in subscription
25th Jun 2015 10:01
Daniel Stewart Securities said on Thursday that it has raised £1.2m through a cash subscription from institutional and other investors, which will be used for general working capital purposes. The company will issue 35.8m shares at 3.35p and noted that there was sufficient demand to increase the off
Read moreDaniel Stewart shares retreat after 'CEO' sells stake following Terry purchase
1st Apr 2015 13:34
The day after a share purchase from Quindell founder Rob Terry sent them soaring, shares in struggling AIM broker Daniel Stewart were sent tumbling back down by news that Adam Wilson, who acts as a consultant chief executive, had sold his entire stake. The shares had only recently been restored to t
Read moreDaniel Stewart Securities CEO buys 3.46m shares
16th Jan 2013 16:15
Peter Shea, the Chief Executive Officer of Daniel Stewart Securities, an investment bank which provides corporate advisory and institutional stock broking services, has bought 3.46m shares this week, prompting a 40 per cent rise in its share price. Shea bought the shares at 0.55p each, costing him
Read moreDaniel Stewart turns a profit
2nd Apr 2012 08:02
Stockbroker Daniel Stewart had a decent second half to its financial year, turning a half-year loss into a full-year profit. Overall trading conditions in the UK small and mid-cap markets remain challenging, however, and the brokerage industry has experienced a period of consolidation as firms look
Read moreSmall caps round-up: Hydro, Pursuit, Mission Marketing...
27th Mar 2012 11:41
Lo-Q, a provider of virtual queuing systems, has reported that its operational momentum has continued in to the first half of the current year. The company has earned considerable new business, particularly for its waterpark product, Q-band. Exisiting business has also performed well, with the compa
Read moreDaniel Stewart down on weak half year
22nd Dec 2011 09:01
Stockbroker Daniel Stewart has fallen sharply in morning trading after revealing a post-tax loss for the six months to the end of December. The company, which publishes investment research and organises public offerings, said the second quarter "proved to be particularly slow" and described market
Read moreGlencore non-exec buys first shares
30th Aug 2011 17:19
Non-executive director Peter Coates has opened his account in Glencore, spending £320,000 on shares in the Swiss commodity trading house. He took 82,700 shares at 387.2p a time and has already banked a tidy profit, with the shares closing just short of 400p today. Coates is the chairman of Austral
Read moreDaniel Stewart recovering well
30th Aug 2011 12:14
Stockbrokers Daniel Stewart Securities has reported strong results for the fiscal year, which showed the company is recovering well, despite difficult market conditions. Revenue for the year was significantly up from £3.53m last year to £7.62m resulting in a gross profit of £8.14m (2010: £3.59m).
Read moreReturn to profit for Daniel Stewart
21st Mar 2011 16:49
Stockbroker Daniel Stewart has seen a big lift in revenues in the current financial year and expects its top line figure to hit at least £8m in the year to March 31, up from £3.5m the year before. The company is set to return to the black with net profit after tax and share based payments of more t
Read moreTyler sells Experian shares
1st Feb 2011 16:52
Experian non-executive David Tyler has raised £386,000 from selling shares in the credit checking company. Tyler was finance director of GUS before it was split into Home Retail Group and Experian, where he became a non-executive director in July 2006 - three months before it floated at 560p a sha
Read moreThree Encore directors cut stakes by 20%
6th Jan 2011 17:32
Three directors of the UK-based oil and gas group Encore Oil have sold more than 4m shares collectively in a sale that reduced their stakes by around 20%. Chief executive Alan Booth sold 1.55m shares at 143p each to net £2.2m. Eugene Whyms, finance director, sold 1.5m shares at 142p each to generat
Read moreLondon close: Footsie back above 5,300
22nd Jul 2010 16:39
London rose again to climb above 5,300 and close at its highest for over two months. A strong start on Wall Street got the afternoon session off to a good start, with buyers staying interested right to the end of the trading day. Rolls-Royce was best performer, on the back of the orders placed at t
Read moreLondon afternoon: Advance stalls
22nd Jul 2010 14:28
Shares moved sideways over the lunch-time session with investors keeping their powder dry ahead of day two of US Federal Reserve Chairman Ben Bernanke's testimony in the US Senate. Yesterday the Fed chairman's downbeat comments stopped a Wall Street rise in its tracks. Outsourcing giant Capita is s
Read moreLondon midday: Morning ends on a high
22nd Jul 2010 12:11
Better than expected UK retail sales gave equities a mid-morning boost and the FTSE 100 index finished the morning session close to its highest point of the day so far. Britons building up supplies for last month's World Cup, the good weather and further discounting had retail sales up smartly in J
Read moreDaniel Stewart rubbishes cash call talk
22nd Jul 2010 09:38
Stockbroker Daniel Stewart has dismissed rumours that it is looking to raise more money. "Daniel Stewart would like to clarify that contrary to press speculation the company is not trying to raise new funds," read a statement Thursday. It recently strengthened the balance sheet with a £1.5m cash i
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