Findel climbs on back of Morgan Stanley buying
6th Apr 2016 16:40
(ShareCast News) - Shares in Findel have attracted interest from shareholders in recent months, with Morgan Stanley the latest institution to take a position in what has long seemed an uninspiring home shopping and education company. Findel's stock was the highest riser among those listed in the FTS
Read moreFindel vexes Sports Direct with sale of Kitbag to Fanatics
2nd Feb 2016 09:00
(ShareCast News) - Despite keen reported interest from major shareholder Sports Direct, home shopping specialist Findel has sold its Kitbag sports subsidiary to US merchandiser Fanatics Inc for £11.55m cash. Findel said it would use the cash proceeds to pay down debt and to help drive further growth
Read moreFindel gains more support to block Sports Direct appointment
2nd Dec 2015 11:55
(ShareCast News) - After another major shareholder in Findel said it would vote against the appointment of Sports Direct's Ben Gardner to its board, the home shopping group has so far received objections representing almost 44% of its shares. River & Mercantile Asset Management, which owns 5.7% of F
Read moreFindel decides not to kick Kitbag into touch after "substantial recovery"
29th May 2015 11:16
Home shopping group Findel has decided not to sell its troubled Kitbag sports website, giving the shares a kick despite expectations of a disposal. After completing the strategic review of Kitbag it had begun back in October, executive chairman David Sugden said the board felt it was "in the best in
Read moreFindel warns on profits as political parties plan education spending cuts
31st Mar 2015 11:28
Findel enjoyed good growth in the year to 27 March, especially in its Express Gifts home shopping business and reduced losses from its Kitbag online sports shop, but warned profits would still be below market forecasts due to lower education spending in the UK. Having completed the sale of Kleeneze
Read moreBraveheart director ups holding after strong results
22nd Jul 2014 16:35
Trevor Brown, a Non-Executive Director of Braveheart Investment, the AIM-listed investment management group, has purchased a total of 1,675,000 shares in two tranches following the release of its results on Monday. 250,000 of the shares were acquired at 10.75p each for a total of £26,875, while th
Read moreNew Quindell CEO builds company holding
24th Jun 2014 16:08
Robert Fielding has purchased 16,889 shares in Quindell, the software and consulting services group, just a few days after the announcement of his appointment as Group Chief Executive. He has previously been in charge of the Services division, before which he was the Chief Executive of Silverbeck
Read moreUK Mail Finance and Operations Directors build stakes
9th Jun 2014 15:46
The Group Finance Director and Group Operations Director of UK Mail have both upped their company holdings with the purchase of 4,000 shares each. Both Steven Glew and Carl Moore spent 627p a share, giving each of the deals a trade value of £25,080. The transactions come just a few weeks after t
Read moreTwo Great Portland directors sell stock after share awards
6th Jun 2014 14:56
Two directors at Great Portland Estates sold a combined £1.6m in stock, the property company said on Friday. After achieving performance targets set in the firm's long-term incentive plan in 2011, Chief Executive Toby Courtauld and Portfolio Director both sold over half of the shares that were awar
Read moreExpress Gifts boosts full-year results at Findel
4th Jun 2014 07:34
- Stellar performance at Express Gifts - First stage of turnaround plan on track - Overall current trading in line with company expectations Home shopping and education materials supplier Findel recorded a robust set of full-year results, driven by a particularly strong performance from its Express
Read moreFindel expects full-year to come in substantially ahead
1st Apr 2014 07:36
- Full-year to come in substantially ahead - Strong performances from Express Gifts and Findel Education - Sales for the year are five per cent higher than prior year Shares of home shopping and education materials supplier Findel rose after it said operating profit and pre-tax profit are substant
Read moreFindel reports second-half sales increase
22nd Jan 2014 08:50
- Second-half sales rise - Strong performance from express gifts and Education - On track to deliver full-year results Findel, the home shopping and education materials supplier, reported improved sales during the second half after a robust performance from its biggest businesses, express gifts an
Read moreWednesday preview: UK jobless rate, BoE minutes, Syria peace talks
21st Jan 2014 14:38
The UK unemployment rate will be released along with minutes from the Bank of England's (BoE) meeting earlier this month. Britain's jobless rate is expected to fall to 7.3% in the three months to November from 7.4% the previous period, edging closer the central bank's 7% threshold at which it will
Read moreFindel narrows half year losses
27th Nov 2013 09:36
Home shopping and education business Findel narrowed its first half losses as it reported a 51 per cent rise in revenue of 243.6m pounds. Loss before tax came to £0.4m in the six months ended September 27th, down from a loss of £6m the previous year. The company's Express Gifts division, which in
Read moreFindel shares hit by divisional difficulties
1st Oct 2013 10:37
Shares in UK Home Shopping and Education business Findel took a hit on Tuesday after the group warned of problems within its Kleeneze business, and decline in Kitbag sales, increasing first-half losses. Within Kleeneze, the company's efforts to arrest decline continued, however comparators to the
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