Betfair boss spends £1m
15th Jul 2011 17:27
Betfair's chairman and co-founder Edward Wray has opened his account at the online gambling group in a big way, splashing out £1m on shares. He took 152,578 at 655.4p a pop. The purchase comes amid a spell of weakness for Betfair's stock price after the mixed full-year results it reported at the en
Read moreLondon close: Flat finish after busy day
15th Jul 2011 16:57
The top share index finished flat but it was an unusually busy day on the corporate news front with big movements in both directions. BHP Billiton fell after the company, best known as a miner, said it is increasing its oil and gas activities with the $12.1bn (£7.5bn) purchase of Texas and Louisian
Read moreLondon midday: Stocks move both ways after updates
15th Jul 2011 12:04
Stocks are moving in both directions on a surprisingly busy company news day for a Friday. The FTSE 100 is flat. BHP Billiton falls after the company, best known as a miner, said it is increasing its oil and gas activities with the $12.1bn (£7.5bn) purchase of Texas and Louisiana-focused firm Petro
Read moreLondon open: More losses as Europe worries continue
15th Jul 2011 08:46
Stocks have fallen back in early dealings with nerves on edge over Europe again, this time as traders await banking stress test results. In stocks news, BHP Billiton is the heaviest faller in the FTSE 100. The company, best known as a miner, is increasing its oil and gas activities with the $12.1bn
Read moreUS print decline to hit Future profits
15th Jul 2011 07:40
Future, the publisher of hobby magazines such as Classic Rock and Guitar World, expects its earnings before interest and taxation for the full year to be £2m less than expected after disappointing sales in the US. The poor performance has prompted the company to accelerate its transformation into a
Read moreFuture hit by circulation and ad declines
20th May 2011 07:29
Hobby magazine publisher Future saw a decline in revenues in the half year to 31 March as the economic climate forced many enthusiasts to reduce their spending. Reported pre-tax profit was down to £1.2m from £2.2m on revenues that fell to £68.8m from £71.4m. Revenues in the UK were down to £49.4m f
Read moreStill challenging at Future
1st Apr 2011 08:38
Shares of media company Future plunged 14% after it said trading has remained challenging and group revenue for the six months to 31 March fell 2-3% from the same time last year. It added that trading profits continue to be affected by the structural shift to digital distribution, particularly in F
Read moreF&C chairman continues buying
18th Mar 2011 16:54
F&C Asset Management chairman Edward Bramson's interests have been consistently buying shares in the past week, while F&C chief executive Alain Grisay has made a significant disposal. Bramson was appointed chairman of F&C last month after a shareholder coup but his investment vehicle SIGA LP had
Read moreSmall caps round-up: Future, Ortac, Stratex ...
9th Feb 2011 14:44
Magazine publisher Future's first quarter revenues were little changed as growth in commercial revenues compensated for pressure in circulation. Digital advertising revenues were up 25%, more than compensating for a 10% decline in print advertising revenue. Publishing revenues rose by 18%. "We expe
Read moreSmall caps round-up: McKay Securities, Burford Capital, Ilika
24th Nov 2010 15:37
McKay Securities, a real estate investment trust (REIT) focussed on commercial property in the South East, saw adjusted pre-tax profit drop to £2.52m in the half year to 30 September, down from £4.12m a year ago. Chairman David Thomas said the proceeds from last year's disposals still haven't been
Read morePRESS RELEASE: John Gower Promoted to Vice President of Future Plus
8th Jul 2010 14:00
John Gower Promoted to Vice President of Future Plus SOUTH SAN FRANCISCO, CA -- (MARKETWIRE) -- 07/08/10 -- Future US, the special-interest media company, today announced the promotion of John Gower to Vice President of Future Plus, the company's custom publishing division. Gower oversees t
Read morePRESS RELEASE: GamesRadar.com Debuts GamePlan Stats, a Microsite With the Latest Gaming Industry Research From Future US and Ipsos OTX MediaCT
10th Jun 2010 13:00
GamesRadar.com Debuts GamePlan Stats, a Microsite With the Latest Gaming Industry Research From Future US and Ipsos OTX MediaCT SOUTH SAN FRANCISCO, CA -- (MARKETWIRE) -- 06/10/10 -- Future US, the special-interest media company, today announced it has expanded its strategic alliance with I
Read moreFuture doubles H1 profit, confident for FY
20th May 2010 09:07
Special interest magazine publisher Future almost doubled interim pre-tax profit after an improved performance in the US and said it remained on track for the full year. The group, which publishes Total Film and Xbox 360, said reported pre-tax profit rose to £2.2m for the half-year ended 31 March 2
Read moreTough US trading hits Future Publishing
26th Nov 2009 08:39
Special interest magazine publisher Future Publishing blamed poor trading in the US for a sharp fall in profits in the year to September 30. The firm, whose titles include Playstation: The Official Magazine, Guitar World and the Knitter, said pre-tax profits slumped to £3.7m from £9.5m over the sam
Read moreFuture revenue drops, sees FY in line
30th Jul 2009 09:05
Specialist magazine publisher Future said full year results are expected to be in line with market expectations after it applied tight cost controls and saw underlying strength in most of its specialist interest titles. For the nine months ended 30 June 2009 total revenue fell 2% with circulation
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