Dignity confident for 2011
10th Mar 2011 08:23
Funeral home operator Dignity revealed an 8% rise in annual pre-tax profit after a strong performance across all areas of the business. The Midlands based group said 2011 has started well and it remains confident in its future prospects. Underlying operating profit for the year ended 31 December
Read moreThursday preview: BoE rate decision, Morrisons, Punch ...
9th Mar 2011 17:02
After European Central Bank (ECB) president Jean-Claude Trichet dropped heavy hints last week that the ECB is seriously contemplating a rise in interest rates for the eurozone, attention is keenly focused on Thursday's meeting of the UK rate-setting committee, where the hawks slowly seem to be gaini
Read moreSunday tips round-up: B&B, Northern Rock psbs, Bloomsbury...
28th Nov 2010 11:30
Bradford & Bingley and Northern Rock bondholders this weekend have to contemplate whether or not to accept a derisory offer for perpetual subordinated bonds they bought in the two banks many years ago, when they were small but flourishing building societies. Investors who feel they need cash now ma
Read moreLondon midday: Footsie subdued after surge
5th Nov 2010 12:19
Footsie remains slightly adrift following a mixed morning that has seen shares moving in both directions in the wake of yesterday's surge. Part-nationalised bank Royal Bank of Scotland is lower after it fell into the red in the third quarter. After restructuring costs, amortisation of intangibles a
Read moreLondon open: Modest start after yesterday's party
5th Nov 2010 09:00
Footsie has posted more gains but some of yesterday's euphoria has worn off after a mixed day so far for the banks. Part-nationalised bank Royal Bank of Scotland saw a 10% increase in its core operating profit in the third quarter over the preceding one. Core operating profit, excluding fair value
Read moreDignity on track to meet expectations
5th Nov 2010 07:27
Funeral home operator Dignity said its businesses continued to perform in line with expectations in the third quarter of 2010. The company saw a 5.8% increase in revenue to £145.2m for the first 39 weeks of the year from £137.3m in the corresponding period of 2009. That represents an improvement i
Read moreBroker tips: ASOS, Dignity, iomart
1st Nov 2010 12:25
Despite current trading levels remaining positive and potential seen for strong growth, KPC Peel Hunt is downgrading ASOS to a sell as it believes the current shares to be overvalued. "In terms of trading and forecast momentum, we believe the business is well placed to outperform over the Christmas
Read moreBroker snap: Scope for acquisitions at Dignity
1st Nov 2010 11:10
Panmure Gordon expects acquisition activity to re-emerge ahead of Dignity's third quarter statement, and retains its 'buy' recommendation for the funeral home operator. Despite traditionally being the quietest period in the year, the broker still expects to see year-on-year growth, forecasting reve
Read moreFriday tips round-up: United Utilities, Group NBT, Dignity...
24th Sep 2010 06:46
Investors do not look to water companies for short-term thrills, and the sector does not disappoint. Yesterday's half-year trading update from United Utilities is a case in point. It confirmed that the company is trading in line with forecasts. For investors moving into utilities from elsewhere, t
Read moreDignity prepares 100p a share cash return
22nd Sep 2010 17:05
Funerals organiser Dignity has finalised the bond issues that will enable it to return 100p a share in cash to its shareholders. As a result of this proposed cash return Dignity is cancelling its 4.43p a share interim dividend which was supposed to be paid on 29 October. Dignity will return a to
Read moreWednesday tips round-up: Petra Diamonds, Minerva, Sportingbet...
22nd Sep 2010 06:58
There is no doubt that the diamond market is recovering. Full-year results from Petra Diamonds underscored that the recovery in its markets was real. The shares are trading on June 2011 earnings multiple of 17.3, falling to 10.5 next year. There are only 20 or so large diamond mines in the world an
Read moreMARKET TALK: HSBC Downgrades Dignity To Neutral Vs Overweight
2nd Aug 2010 08:17
0717 GMT [Dow Jones] HSBC Downgrades Dignity (DTY.LN) to neutral from overweight. Says the potential for a GBP80M special dividend is already in the price. Meanwhile, says the interim results beat expectations, with 1H underlying pretax profit at GBP24M. Says FY guidance is unchanged. Nudges up the
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
2nd Aug 2010 08:17
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0717 GMT [Dow Jones] HSBC Downgrades Dignity (DTY.LN) to neutral from overweight. Says the potential for a GBP80M special
Read moreLondon close: Footsie left behind
30th Jul 2010 16:34
Footsie was the sick man of Europe at trading's close as it failed to sustain a recovery that followed a downward turn sparked by disappointing US economic data. US gross domestic product (GDP) data for the second quarter was disappointing. Inflation adjusted and seasonally adjusted gross domestic
Read moreUK SMALLCAP ROUNDUP: Cape Sees More Korean Engineer Contracts
30th 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 CAPE PLC (CIU.LN), an energy services company, expects a surge of new contracts in the Middle East and Australia after fostering relationships with a num
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