Foreign & Colonial's net asset value rises in first half

28th Jul 2016 12:44

(ShareCast News) - Foreign & Colonial Investment Trust saw strong net asset value returns for the first half of the year as Brexit forced a widening of shareholder discount. In its unaudited results for the six months ended 30 June, the company reported a 7.7% net asset value total return, which it

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Director dealings: RBS directors snap up GBP1m of shares

29th Feb 2016 15:43

(ShareCast News) - Royal Bank of Scotland's chairman, chief executive and finance director have together spent £1m buying shares as the state-owned bank hit its lowest levels for three and a half years. CEO Ross McEwan bought 200,000 at 223p for £446,000, with CFO Ewen Stevenson buying the same numb

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Spectris director buys 3,000 shares

25th Apr 2013 16:23

Martha Wyrsch, a Non-Executive Director of Spectris, the FTSE 250 instrumentation and controls company, has purchased her first set of shares in the company. Wyrsch, who took up the role in June last year, acquired 3,000 shares at 2,029.00p each for a total value of £60,870. The transaction was m

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Foreign & Colonial reports double digit growth in NAV per share

4th Mar 2013 08:47

Net asset value per share rose 10.8 per cent to 357.60p while the net asset value total return was 13.3 per cent at Foreign & Colonial Investments (F&C) in the year ended December 31st. The company's annual dividend per share rose 19.7% to 8.50p prompting the share price to rise more than 11%. Sim

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FTSE 250 movers: Diploma dives as growth slows

30th Jul 2012 14:32

Specialised technical products and services provider Diploma was out of favour after saying that underlying revenue growth was just five per cent against a strong prior-year comparative. Trading systems developer Fidessa was also a heavy faller after top line growth was below forecasts in the firs

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Foreign and Colonial makes good on divi pledge

30th Jul 2012 07:48

Investment trust titan Foreign and Colonial has increased its dividend by a third as it makes good on its promise to be more generous with dividend payments. The announcement came after the trust announced an increase in the net asset value per share to 342.6p at the end of June from 326.57p at the

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Foreign and Colonial sees NAV fall during 2011

5th Mar 2012 08:53

Britain's oldest investment trust, Foreign and Colonial, saw a sharp drop in its net asset value (NAV) per share during 2011 although income increased. The NAV per share dropped 6.7% compared to 2010, to hit 322.86p by the end of December, over the same period the share price dropped 6.8%. It's no

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F&C trails benchmark in first quarter

5th May 2011 16:11

Investment trust giant Foreign & Colonial (F&C) saw its net asset value per share (NAV) edge higher in the first quarter, but it underperformed its composite benchmark index. NAV total return, with debt at market value, for the three months to 31 March was 1.3%, compared with a 1.8% return on the c

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London close: Shares give up gains as Libya worries persist

7th Mar 2011 16:39

Shares closed in the red having spend most of the day in the blue after recovering from a weak start. Once again, the Libya turmoil has been casting a shadow. Oil prices are still an issue. Light crude rose to a 30-month high above $106 on Monday as fighting rages in Libya while reports that the un

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London afternoon: Stocks consolidate gains

7th Mar 2011 14:18

Shares came off the top at the beginning of the afternoon before recovering some of their poise toward the end of the lunch time session as futures markets indicated a moderately firm start in store on Wall Street. Oil prices are still an issue. Light crude rose to a 30-month high above $106 on Mon

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Foreign & Colonial expects increased M&A activity

7th Mar 2011 07:21

The performance of heavyweight investment trust Foreign & Colonial in 2010 was on par with that of the trust's benchmark index but lagged that of its peer group. The net asset value per share (NAV) rose 13.6% to 346.1p with debt priced at market value. With debt priced at its nominal value, NAV imp

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Rolls-Royce director raises £190,000

6th Oct 2010 16:47

Rolls-Royce's engineering and technology director Colin Smith and his wife have raised more than £190,000 from a share disposal. They sold a total of 32,000 shares at 599.5p each. They retain 175,176 shares in the aero-engineer. Smith has held his current position since 2005, having joined Rolls

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F&C gears up

30th Jul 2010 17:23

Investment trust titan Foreign and Colonial (F&C) took a step back in the first half of 2010, though it outperformed its benchmark index. "We expected and got more volatile and difficult market conditions in the first half of 2010. Our listed portfolio suffered from this, but higher private equity

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Foreign & Colonial Investment Trust NAV Slips 3.4% To 294.4P

30th Jul 2010 08:35

LONDON (Dow Jones)--Foreign & Colonial Investment Trust PLC (FRCL.LN), which invests primarily in an internationally diversified portfolio of publicly listed equities, as well as unlisted securities and private equity, said Friday its net asset value per share fell 3.4% during the half year to 294.4

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Foreign & Colonial Investment Trust Buys 0.14M In Own Shares

20th Jul 2010 17:16

LONDON (Dow Jones)--Foreign & Colonial Investment Trust PLC (FRCL.LN), announced Tuesday it purchased for cancellation 138,000 ordinary shares of 25 pence each at a price of 268.189855 pence per share. MAIN FACTS: -Shares closed Tuesday at 268.40 pence -By Zechariah Hemans, Dow Jones New

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