James Fisher 'well placed' as marine division geared for strong H2
2nd May 2019 07:25
(Sharecast News) - Fisher James & Sons on Thursday reported that its first quarter was in line with expectations as its tankships and offshore oil divisions traded "well ahead" of the same period last year, while its two other divisions would be more second half weighted.
Read moreOffshore wind propels James Fisher FY profits
26th Feb 2019 07:49
(Sharecast News) - Marine services company James Fisher said full year pre-tax profits rose 17% to £55m due to solid performances from its marine support unit and growth in services provided to the UK renewables industry.
Read moreFTSE 250 movers: M&A lights fire under oil equipment stocks
26th Aug 2015 16:46
(ShareCast News) - Shares in Paddy Power and Betfair surged on Wednesday as they announced they have agreed in principle to a possible merger that would create one of the world's largest public online betting and gaming companies by revenue. OneSavings Bank reported a sharp jump in profitability, wi
Read moreJames Fisher & Sons profits down due to cut back in oil spend
25th Aug 2015 08:22
(ShareCast News) - James Fisher & Sons said first half pre-tax profits were down by 14%, as the company expected, due to lower activity in its offshore oils division. First half pre-tax profits were down to £17.9m from £20.8m, as the marine engineering firm's shares fell, down by 4.36% to 966.88p at
Read moreJames Fisher's chairman increases stake
10th Jun 2015 15:42
The chairman of James Fisher and Sons bought shares in the company following a trading plan entered with Investec Bank back in 2013. Charles Rice purchased 2,288 shares for an individual price of 1328p, spending a total of £30,385. Following the transaction, Rice holds 19,069 ordinary shares in the
Read moreJames Fisher acquires X-Subsea Holdings
12th May 2015 08:01
James Fisher scooped up the Aberdeen-headquartered manufacturer of undersea dredging equipment X-Subsea Holding. The acquisition target went into administration on 27 April 2015 following the collapse of its parent company, Reef Subsea AS. James Fisher will pay a total consideration of £14.8m for
Read moreJames Fisher bags Mojo Maritime in deal worth up to £3.5m
6th May 2015 09:22
Maritime engineering group James Fisher has agreed a deal to buy offshore renewable energy services provider Mojo Maritime for up to £3.5m. The FTSE 250 group and Cornwall-based Mojo already have a contract in place, which sees the latter co-operate with the group's marine services division on the c
Read moreThursday broker round-up
30th Apr 2015 18:01
Schroders: Credit Suisse reiterates outperform and 2,770p target price. Tesco: UBS restarts coverage at buy with 260p target. Pearson: Westhouse Securities reiterates sell and 1,185p target price. RBS: Shore Capital reiterates hold, Numis reiterates add (with 400p target), Investec reiterates hold
Read moreFTSE 250 movers: Zoopla rockets on acquisition, RPS hit by sluggish first quarter
30th Apr 2015 13:05
Zoopla, the residential property website group, topped the risers after agreeing to acquire utility price comparison site uSwitch for up to £190m. Zoopla said it expected the deal to be "significantly enhancing" to adjusted basic earnings per share in the first full financial year following completi
Read moreJames Fisher warns first-half hit by offshore oil industry restructuring
30th Apr 2015 08:47
James Fisher warned that first-half results would be lower than last year after its offshore oil arm suffered a "slow start" to 2015. The industrial support services group said it expected to see a stronger second half as performance improved at its Marine Services divisions. Shares in the FTSE 250
Read moreTuesday broker round-up
3rd Mar 2015 16:59
St. James's Place: Morgan Stanley ups target to 1,097p from 963p while reiterating overweight stance. AO World: Cannacord Genuity lowers target to 170p from 220p and reiterates hold. British American Tobacco: Jefferies raises target to 4,440p from 4,140p and reiterates buy. Kaz Minerals: Exane BNP
Read moreJames Fisher acquires National Hyperbaric Centre for £4.5m
10th Feb 2015 07:43
Fisher (James) and Sons (JF) has acquired the National Hyperbaric Centre in Aberdeen for £3.5m in cash plus a potential £1m earn-out based on future contracts to be undertaken between completion and 31 March 2016. The centre is used for testing subsea industry equipment as well as for patients of th
Read moreJames Fisher reports encouraging third quarter growth
13th Nov 2014 08:29
Marine services company James Fisher and Sons reported good revenue growth for the period from 1 July to date, compared to a year ago. According to the report, Fisher's offshore oil business performed well throughout the quarter, driven by continued growth in Africa, South America and the Far East,
Read moreFTSE 250 movers: Lonmin continues to rise
27th Aug 2014 15:51
South African platinum miner Lonmin led the upside as it extended Tuesday's gains, which came after it issued a statement saying there was no foundation to media speculation about plans to restructure the business. It also said its ramp-up following the strike action was progressing ahead of its exp
Read moreLondon midday: Stocks hover near unchanged mark
27th Aug 2014 12:27
- Russia backs Ukraine peace initiative - Weak consumer confidence data in Europe - Ceasefire accord reached in Israel techMARK 2,845.63 +0.44% FTSE 100 6,828.43 +0.08% FTSE 250 16,073.52 +0.47% UK equities had moved slightly into the blue by midday in a day bereft of economic data and as traders
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