Wellstream boss cuts stake
10th Jun 2010 16:49
Gordon Chapman, chief executive of oil services firm Wellstream, has raised £753,000 from the sale of a total of 150,000 shares. The shares were sold at 518p, 496p and 500p - the majority were sold at the latter price. This is well above the April 2007 flotation price of 320p a share but well belo
Read moreLondon close: Footsie bounces back
27th Nov 2009 16:28
Footsie ended the day with good gains as investors' nerves calmed following sharp declines on the back of worries about the financial sector's exposure to a debt default by Dubai World. Shares initially fell, adding to heavy losses yesterday after Dubai stunned financial markets when it announced t
Read moreLondon afternoon: Footsie advancing again
27th Nov 2009 14:11
Footsie has rallied and is now showing modest gains as worries over the Dubai debt situation ease. Royal Bank of Scotland has led teh recovery having calmed nerves by saying it has signed up for the government's asset protection scheme (APS). The bank said in a statement that the agreement was sign
Read moreLondon midday: Footsie still lower
27th Nov 2009 12:41
Footsie is still sitting slightly lower amid continued worries over the Dubai debt situation. But Royal Bank of Scotland is now going well having fallen back in early dealings on fears over the financial sector's exposure to a debt default by Dubai World. RBS calmed nerves by saying it has signed u
Read moreLondon open: Dubai fall-out hits again
27th Nov 2009 08:42
London has opened better than forecast after panic on Asian markets overnight over the problems in Dubai. Japan's Nikkei was down 301 points to 9,081, a new four-month closing low. Banks were bashed on worries about the financial sector's exposure to a debt default by Dubai World. Hong Kong fell ov
Read moreLondon pre-open: Dubai hangover
27th Nov 2009 07:42
After yesterday's major shake-out, London looks set for more of the same today, with traders predicting a triple digit fall for Footsie at the opening. Mobile phone retailer and broadband provider Carphone Warehouse has provided some cheer, however. It has upped its full year guidance after posting
Read moreRecession takes toll at Hogg Robinson
27th Nov 2009 07:11
Recession has meant less need for business travel, which hit agent Hogg Robinson in the first half with profits almost halving. Revenue and operating profit for the six months to September fell by 9.2% to £155m and 37.2% to £7.1m respectively. Reported profit before tax was £3.3m compared to £6.1m
Read moreWeak Q1 at Hogg Robinson but sees FY in line
29th Jul 2009 08:00
Corporate travel firm Hogg Robinson said since its last update at the end of May, market conditions have remained challenging, with client revenue in the first quarter around 7% below company expectations. "The early part of the first quarter continued the pattern shown in the final quarter of last
Read moreDomino's vice chairman sells £1m slice
1st Jun 2009 14:50
Colin Halpern, vice chairman of the pizza delivery firm Domino's, has pocketed more than £1m after offloading some of his shares in the group. H S Real, a company owned by a discretionary trust, the beneficiaries of which are his children, sold 500,000 shares at 205p a share. The sale leaves Halpe
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