London close: FTSE 100 wins back some losses
19th Apr 2011 17:02
Shares staged a recovery after some heavy losses yesterday, though the gains were subdued by trading's close. Tesco fell even after new chief executive Philip Clarke delivered profits and sales that were in line with expectations as he unveiled the supermarket giant's results for the year to 26 Feb
Read moreFTSE 250 movers: AZ Electronics lifted after upgrade
19th Apr 2011 14:01
Chemicals group AZ Electronic is the best performer after being upgraded from 'neutral' to a 'buy' by UBS after the stock's recent underperformance. "When initiating in December 2010, we said two things would make us a buyer of AZ: a cheaper valuation and establishing a track record during more diff
Read moreLondon midday: Mixed reception for company updates
19th Apr 2011 12:00
Shares have remained steady after winning back some of yesterday's losses in early dealings, with shares moving in both directions after updates. Tesco is lower even after new chief executive Philip Clarke delivered profits and sales that were in line with expectations as he unveiled the supermarke
Read morePoland lifts IPF Q1 profit
19th Apr 2011 08:19
Emerging markets lender International Personal Finance posted a four fold increase in pre-tax during the first quarter after a bumper performance in Poland and as it reduced impairment charges. IPF enjoyed a strong start to 2011 and said it is well placed to deliver stronger growth across the rest
Read moreEurope boosts IPF's profits
2nd Mar 2011 16:41
Profits at emerging markets lender International Personal Finance (IPF) surged by 50% in 2010, helped by growth in its core market Central Europe. Pre-tax profits from continuing operations grew by 49.3% from £61.7m to £92.1m after lower impairments and tighter cost control, the group said. The fig
Read moreFTSE 250 movers: Salamander higher after drilling update
17th Jan 2011 15:45
Salamander Energy is higher after announcing that it has started drilling on its Dao Ruang-2 appraisal well in block L15/50 in north east Thailand. Car dealer Inchcape is among the risers after broker Panmure Gordon retained its 'buy' rating on the stock and increased earnings forecasts. "We belie
Read moreTuesday tips round-up: Vodafone, Majestic Wine, Diageo...
14th Dec 2010 06:59
Vodafone seems to be in quite a good position. It is making a bet on the growth of smartphones, which seems sensible, and recently launched new tariffs that allow cheaper browsing while abroad. Analysts are backing revenues to grow and have the stock on a price of 8.7 times estimated full-year ear
Read moreIPF on track for year
13th Dec 2010 07:30
Emerging markets lender International Personal Finance said it remains on track for the full year after continued progress in the fourth quarter. "With three significant weeks of trading to go before the year end, IPF is on track to report full year results in line with our expectations," it said i
Read moreIntl Personal Finance profits soar
19th Oct 2010 08:58
International Personal Finance, the Central Europe focused lender, grew profits by 36% during the third quarter following improvements across the board. The company made £24.4m before tax in the three months ended to 30 September on revenue up 10% to £145.6m. Underlying profit, which includes £3m o
Read moreDomino Printing's Herbert offloads shares
20th Sep 2010 17:33
Andrew Herbert, finance director of Domino Printing has taken advantage of a rise in the company's share price following a positive trading statement to sell a large chunk of shares in the provider of industrial ink jet and laser printing equipment. He pocketed nearly £260,000 from the sale of 49,1
Read moreUK SMALLCAP ROUNDUP: Cape Sees More Korean Engineer Contracts
30th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps CAPE PLC (CIU.LN), an energy services company, expects a surge of new contracts in the Middle East and Australia after fostering relationships with a num
Read moreUK SMALLCAP ROUNDUP: Intl Personal Finance Issues EUR225M Bond
30th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps INTERNATIONAL PERSONAL FINANCE PLC (IPF.LN) Friday announced its inaugural public bond issue, pricing EUR225 million five-year bonds at a fixed coupon o
Read moreInternational Personal Finance Raises EUR225M In Bond Issue
30th Jul 2010 12:00
LONDON (Dow Jones)--U.K. lender International Personal Finance PLC (IPF.LN) Friday issued its first public bond, raising EUR225 million that will be used to cut its debt. IPF, which provides small-sum doorstep loans in Eastern Europe and Mexico, said it has priced the five-year bond at a fixed c
Read moreInternational Personal Finance Prices EUR225M Bond Issue >IPF.LN
30th Jul 2010 11:06
LONDON (Dow Jones)--International Personal Finance PLC (IPF.LN), a provider of financial services and products, said Friday that as part of its strategy to diversify its sources of funding and extend its debt maturity profile, it has priced EUR225 million 5 year bonds at a fixed coupon of 11.5%.
Read moreIPF Pricing EUR200M Minimum Bond To Yield Around 11.25%
29th Jul 2010 10:58
LONDON (Dow Jones)--International Personal Finance (IPF.LN) will price at least EUR200 million of five-year bonds to yield in the region of around 11.25%, one of the banks leading the deal said Thursday. Citi and HSBC Holdings PLC are joint bookrunners on the unsecured deal, which is expected to
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