London afternoon: British Airways soars on ACAS news
15th Jun 2010 14:35
Shares have largely moved sideways in the afternoon session, with the sharp rise by British Satellite Broadcasting (BSkyB) more than offsetting the loss on BP, which is once again featuring high on traders' sell lists after ratings agency Fitch downgraded the oil giant's credit rating. News Corpora
Read moreLondon midday: Tesco joins market advance
15th Jun 2010 11:53
Though prices came off in the last hour of the morning Footsie still had a positive session, with equities boosted by the release of better than expected inflation figures. The annual rate of inflation fell to 3.4% in May from 3.7% the previous month. The fall was more than had been expected, but
Read moreIdeal Shopping Eyes Dividend Return On Swing To Big 1H Profit
15th Jun 2010 08:56
LONDON (Dow Jones)--U.K. home shopping channel retailer Ideal Shopping Direct PLC (IDS.LN) Tuesday said it expects to reintroduce a dividend this year as it anticipates a swing to a "substantial" first-half profit, boosted by continued strong sales growth. The firm didn't pay a 2009 dividend but
Read moreIdeal Shopping expects "substantial" profit
15th Jun 2010 08:20
TV shopping channel Ideal Shopping said it expects to report a "substantial" profit in the first half of 2010. The group also said that it feels it can reintroduce a sustainable dividend policy when the interim results are announced in September. Ideal Shopping said 2010 continues to be encouragin
Read moreIdeal Shopping back into profit
23rd Mar 2010 13:20
TV shopping channel Ideal Shopping swung back into profit in 2009 and has seen a strong start for the current year with like-for-like sales up by 8.8%. Gross margin improved to 41.1% (2008: 34.2%; 37.3% underlying), with underlying profit before tax of £1.3m against a loss £4m. Pre-tax profits were
Read moreGood Life for Ideal Shopping
23rd Dec 2009 07:24
Ideal Shopping is to the buy plants and garden equipment group Lead The Good Life Limited (LTGL)from its own founders for an initial £5m, rising by a possible further £2.2m. LTGL is a retailer of plants and garden equipment selling directly to its customers by mail order, the internet and the tele
Read moreSector movers: JJB leads retailers lower
17th Dec 2009 12:13
JJB Sports is leading the retail sector lower. The sportswear and equipment retailer reported a 29% decline in underlying sales and remains cautious about Christmas and New Year trading. However, it's not all bad news on the retail front. Car dealer Inchcape is higher after saying it expects 2009's
Read moreSmall cap round-up: ILX, Ideal Shopping, Provexis...
17th Dec 2009 12:03
E-learning company ILX has won three contracts that are expected to produce revenues of more than £0.27m over the life of the contracts. The first contract is to provide project management training to a major government department over a period of three years. The other two contracts are for overse
Read moreHalfords director doubles stake
28th Sep 2009 16:20
Nigel Wilson, a senior independent director at the car parts and bicycle retailer Halfords, has nearly doubled his stake in the firm, spending just less than £70,000 on shares. He took 20,000 at 349p a time and now has 41,000. Wilson, who is also chief financial officer at the business publisher U
Read moreIdeal Shopping steady after addressing problema
23rd Sep 2009 08:53
TV and online shopping business Ideal Shopping Direct posted steady revenues in the half year to June 28 after addressing what it described as 'a poor customer experience.' The company, which sells clothes, jewellery and home products on Sky and Virgin Media channels, posted a pre-tax loss of £1.2m
Read moreLondon close: Miners buoy Footsie
10th Jun 2009 16:37
Footsie finished higher but with much diminished gains after surging in early dealings led by buoyant mining stocks then falling back as Wall Street retreated. Miner ENRC surged ahead after it said sales and production volumes during the first quarter were better than prior expectations though pri
Read moreLondon afternoon: Equities off the top
10th Jun 2009 15:06
Shares have eased back in the first half of the afternoon session, though Footsie remains in positive territory. Miners and banks remain the best performers. Miner ENRC surges ahead after it said sales and production volumes during the first quarter were better than prior expectations though pricin
Read moreLondon midday: Miners continue to rally
10th Jun 2009 12:19
Footsie is up more than 100 points with miners and banking shares driving the market forward. Miner ENRC is one of the main risers. Today it said sales and production volumes during the first quarter were better than prior expectations though pricing pressures remain. Vedanta, Xstrata, Kazakhmys, R
Read moreIdeal Shopping cautiously optimistic
10th Jun 2009 07:31
TV shopping specialist Ideal Shopping Direct said although the economic conditions remain challenging, it is cautiously optimistic that the business will return to profitability in the medium term. Sales have continued to perform slightly ahead of our expectations, up around 2.0% over the comparabl
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