Growth in investment management services drives profit rise at Frenkel Topping

9th Apr 2013 07:18

Full year pre-tax profit rose 21 per cent at independent financial advisory group Frenkel Topping underpinned by strong growth in the group's investment management services. Profit before tax increased to £1.03m in the year ended December 31st from £0.85m one year earlier, while revenue jumped 5.0%

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New regulations hold no fear for Frenkel Topping

16th Jul 2012 16:43

Financial services firm Frenkel Topping moved close to its 52-week high after a solid set of interim figures. The company, which provides financial advice on the investment of personal injury damages and clinical negligence awards, saw revenue in the first half of 2012 rise to £2.34m from £2.22m.

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Wednesday broker round-up

25th Apr 2012 09:08

ARM Holdings: Investec maintains buy rating and 800p target; Natixis upgrades from neutral to buy, target lifted from 600p to 625p; JP Morgan Cazenover maintains neutral rating and 540p target; Barclays Capital reiterates overweight recommendation and 725p target; Jefferies upgrades from underperfor

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Encore Oil boss takes more shares

20th Jun 2011 15:54

Encore Oil's chief executive Alan Booth has been rebuilding his stake in the North Sea-focused explorer. He took 200,000 shares at an average price of just over 57.6p a share, paying a total of about £115,000. Following the purchase, he now has 6.65m shares in the firm, which amounts to about 2.27

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Stobart's Alan Kelsey jumps aboard

8th Jun 2011 15:38

New Stobart director Alan Kelsey has wasted no time opening his account with the logistics giant, spending nearly £77,000 on shares. He took 55,000 shares at just under 140p a time. Kelsey, 62, joined Stobart last month. He has been corporate development director at the rail and bus group National

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CLS founder buys shares

21st Sep 2010 16:54

Sten Mortstedt, the executive chairman of CLS Holdings, has increased his stake in the property investor through his family and charity trust. The purchase of 10,000 shares at 520p each cost £52,000 and took Mortstedt's stake to 53.14%. This purchase follows last week's tender offer at 625p a share

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New World non-exec cuts holding

15th Jun 2010 16:52

New World Resources non-executive director Barry Rourke has sold shares in the European coal miner less than one month after acquiring shares at a higher price. Rourke sold 30,000 A shares at 736.8p a share, which leaves him with 55,843 A shares. The sale raised £221,000. On 21 May, Rourke acqui

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RBS boss Hester sells shares

24th Nov 2009 16:16

Royal Bank of Scotland chief executive Stephen Hester has sold £94,000 of shares in order to finance the income tax and National Insurance payable on the release of 610,688 restricted shares. He retains 359,802 of those released shares. Hester had previously raised £102,000 and £53,566 from share

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FirstGroup FD buys initial stake

12th Nov 2009 15:43

Recently appointed FirstGroup finance director Jeff Carr has not let the industrial dispute at the bus and train operator's Thameslink subsidiary put him off buying his first shares in the group. Carr spent £58,198 on 15,000 shares. Carr was previously finance director of budget airline easyJet. H

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Small caps round-up: Tribal, Trafficmaster, Hamworthy...

16th Jul 2009 14:17

Public sector services consultant Tribal Group expects results for the full year to be in line with expectations. The group said it has taken further action to reduce operating costs and now expect to realise annualised cost savings of more than £6m. "Whilst we continue to see more challenging con

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