London afternoon: Basel boost for banks
27th Jul 2010 14:32
Banking stocks have wrenched attention away from BP this morning, with the major UK banks lifted by strong figures from European peers Deutsche Bank and UBS and also by rumours that banking regulator the Basel Committee is set to lower its minimum capital and liquidity requirements. Barclays, Lloy
Read moreBroker tips: Halfords, Games Workshop, PV Crystalox
27th Jul 2010 13:25
Charles Stanley is leaving its full year earnings estimates for Halfords unchanged, despite the sluggish start to the new financial year made by the bike and car parts retailer. "Halfords' Q1 [first quarter] trading update was slightly weaker than expected at the sales level, but full year PBT [pro
Read moreBroker snap: Games Workshop expanding again
27th Jul 2010 13:24
After sorting out its cost base in the year just gone the challenge now for miniature war games retailer Games Workshop is to grow like for like (LFL) sales, KBC Peel Hunt asserts. LFL sales growth "would have a significant impact on the bottom line given the operational gearing," KBC analyst Charl
Read moreGames Workshop lifts profits as sales stall
27th Jul 2010 07:59
Fantasy war games group Games Workshop saw sluggish sales in the year to May 30, but managed to lift profits as it cut back on costs. The company saw revenues of £126.5m, up from £125.7m the previous year, although on a constant currency basis revenues fell to £121.8m. Pre-tax profits more than dou
Read moreGames Workshop FY Pre-tax Profit GBP16.1M Vs GBP7.5M
27th Jul 2010 07:58
LONDON (Dow Jones)--Games Workshop Group PLC (GAW.LN), a designer and manufacturer of miniature figures and games, said Tuesday that it made pre-tax profit of GBP16.1 million for the year ended May 30, compared with GBP7.5 million, and said it is a much leaner business which is preparing itself for
Read moreLondon close: Late rally pares losses
5th May 2010 17:16
Though tomorrow is the day of the UK General Election all eyes were on Greece today, as at least three people were reported dead as violent protests erupted in central Athens against the planned introduction of austerity measures. Stocks came off the bottom towards the end of the session, though th
Read moreLondon afternoon: Greek riots rattle investors
5th May 2010 14:53
Footsie is now nursing a triple digit fall as the downward trend seen in the last hour of the morning session accelerated over lunch as US investors woke up to television footage of Greeks rioting in the streets. Civil unrest in Greece has sent the price of oil and metals into decline with a predic
Read moreGames Workshop sees profits ahead
5th May 2010 14:43
Model and war game retailer Games Workshop said full-year pre-tax profits are likely to be ahead of current expectations. The group said its performance in the second half of the year to date has been somewhat better than the board's expectations, with regard in particular to the gross margin and t
Read moreGames Workshop in line
19th Apr 2010 07:17
Games Workshop reports trading in the four months to 4 April 2010 has been broadly in line with the board's expectations. There was no other information in the statement. In January, the table top war game specialist reported a surge in interim profits to £7.9m for the six months from £3.0m the sam
Read moreLondon close: Footsie turns positive
19th Jan 2010 17:22
London's top stocks finished the day above the 5,500 mark after turning positive in afternoon trading. Luxury fashion label Burberry was the best performer of the day after saying it expects profits for the full year to be at the top end of expectations after seeing strong sales in the last three m
Read moreLondon midday: Footsie falls despite Cadbury cheer
19th Jan 2010 12:00
Footsie is in the red, despite strength from Cadbury which has been sweetened by its board's recommendation of a revised offer from US food giant Kraft, as investors mull the latest round of third quarter trading statements. The revised terms for Cadbury are worth around 850p a share and have clea
Read moreGames Workshop profit more than doubles
19th Jan 2010 07:34
Half yearly profit powered ahead at gaming model specialist Games Workshop after it benefited from a weaker pound, cut costs and saw an increase in royalties. Pre-tax profit surged to £7.9m for the six months to 29 November 2009 from £3.0m the same time a year earlier. Revenue rose to £62.5m from £
Read moreThursday tips round-up: Autonomy, Domino Pizza, Games Workshop
7th Jan 2010 06:10
Given the way Autonomy shares have performed, there is always the risk that investors are buying the stock at the top of the market. On the other hand punters should be encouraged to back winners. On an earnings-per-share basis, for example, Autonomy outperforms both the European and global software
Read moreLondon close: More gains for FTSE 100
6th Jan 2010 16:34
It was another day of gains for the FTSE 100 after the leading share index hauled itself into the blue in afternoon trading. Marks & Spencer was among the stocks dragging Footsie lower and finished firmly in the red. It was not the numbers from the fashion and food retailer that upset the market s
Read moreLondon afternoon: Leading shares mixed
6th Jan 2010 13:50
The list of Footsie constituents is now almost evenly split between risers and fallers but the blue-chip index remains in negative territory, weighed down by Marks & Spencer, which remains out of favour after a disappointing trading update. It was not the numbers from Marks & Spencer that upset th
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