30th Mar 2015 09:25
Specialised technical products and services provider Diploma said it expected first half revenue to be approximately 9% higher year-on-year. In a trading update on Monday, the FTSE 250 group said acquisitions have contributed 9% to revenues, but strong currency volatility weighed on results, reducin
Read more13th Mar 2015 13:47
Shares in Afren tumbled after the struggling oil and gas group proposed a debt-for-equity swap with creditors to address its funding needs and recapitalise . The company said it "will result in substantial dilution for existing shareholders", and if shareholders don't approve the plan, the company w
Read more21st Jan 2015 13:42
A first-quarter update from Diploma was solid but slightly shy of some analyst forecasts, with currency movements also hitting top-line numbers. Without including negative currency effects, overall revenues in the first quarter ended 31 December were up 14% on the equivalent period last year, aided
Read more12th Nov 2014 15:17
Bwin.party shares jumped after it confirmed speculation that it has started discussions with various parties about potential business combinations. The company said the talks may or may not result in an offer being made. UK price comparison website firm Moneysupermarket.com cheered after reporting a
Read more29th Sep 2014 15:32
Balfour Beatty tumbled after it said its 2014 fiscal year results would be hurt by a profit shortfall of about £75m in its UK construction services division. The company conducted internal reviews which showed a further profit shortfall due to additional losses and write-downs across a number of con
Read more29th Sep 2014 08:49
Diploma, which specialises in supplying technical products and services, anticipates annual revenue growth of around 6% ahead of last year, it revealed on Monday. The FTSE 250 group said operating margins had remained "robust", despite the anticipated transactional currency effects on Healthcare gro
Read more3rd Jul 2014 15:54
The Chief Executive Officer of internet company blinkx has made a show of faith with the purchase of 250,000 shares following Tuesday's profit warning. Subhransu Mukherjee, who joined the group in 2011, paid 34p a shares for a total spend of £85,000. Shares in the firm plunged on Tuesday after t
Read more14th May 2014 07:29
Shares of Brit, one of the best Lloyd's performers during its time off the stock market, is quite surprisingly down from its recent flotation price of 240p. Yes, it is also trading at a premium of 40 per cent or so to its net asset value, but it offers a dividend yield of 8 per cent and the firm has
Read more12th May 2014 07:36
Diploma reported a rise in half-year profit as revenue rose with growth across all three sectors. Adjusted operating profit jumped 3% to £27.8m in the six months ended March 31st. Pre-tax profit rose 2% to £24.2m and revenue increased 6% to £148.6m despite a significant strengthening in sterling.
Read more14th Apr 2014 09:16
AMEC: Deutsche Bank raises target price from 1250p to 1400p retaining a buy recommendation. AO World: Numis initiates with a target price of 350p and a buy recommendation. BBA Aviation: Goldman Sachs cuts target price from 425p to 405p and keeps a buy recommendation. Bovis Homes Group: Goldman S
Read more25th Mar 2014 14:58
Online gaming group 888 rose on the back of a strong performance and a highly cash generative year, which prompted the proposal of an extra one-off dividend of 7.0 cents per share on top of a final dividend of 4.0 cents. In a record year for revenue, which rose 7% to $401m, the Gibraltar-headquart
Read more24th Mar 2014 16:59
- Ukraine, China weigh heavily on market - Eurozone PMI falls unexpectedly - US manufacturing comes in below expectations techMARK 2,753.98 -1.32% FTSE 100 6,520.39 -0.56% FTSE 250 16,019.41 -0.87% Stocks finished firmly lower today as concerns over mounting geopolitical tensions in western Europe
Read more24th Mar 2014 13:52
Technical product firm Diploma was a big faller after it told investors its final results would be adversely affected by the appreciation of sterling. Broker Jefferies warned that currency headwinds will likely result in mid-single digit downgrades to earnings estimates for this year. Diploma, whi
Read more24th Mar 2014 11:43
Shore Capital has reiterated its 'hold' recommendation on insurer Standard Life after the company confirmed speculation that it is in talks with Phoenix regarding the potential purchase of the latter's Ignis Asset Management division. Shore Capital Analyst Eamonn Flanagan said that the move compoun
Read more24th Mar 2014 11:42
- Ukraine tensions escalate as G7 leaders meet - Interim President orders withdrawal from Crimea - Chinese manufacturing PMI eases - Kentz, Centamin impress, Diploma drops techMARK 2,769.80 -0.75% FTSE 100 6,537.07 -0.31% FTSE 250 16,085.67 -0.46% Heightened geopolitical tensions in Ukraine pushed
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