Sector movers: Merrill salutes Admiral
13th Jan 2010 10:49
Car insurer Admiral is leading the non-life insurance sector higher after Merrill Lynch lifted its target price on the firm to 1,150p to 1,200p. 'We think the premium is justified by Admiral's superior growth prospects,' the broker says. KBC Advanced Technologies leads the oil equipment services a
Read moreSmall caps round-up: Lombard Risk, Zirax, KBC...
13th Jan 2010 09:55
Shares in Lombard Risk Management jumped after the trading software company said it had won its sixth contract in two months. It did not name the client but said the contracts would have a total value of more than £500,000 in the first year. Shares in Zirax fell sharply after the speciality chemic
Read moreSmall caps round-up: Finsbury Food, Game, E2V...
30th Jul 2009 10:11
Cake and bread maker Finsbury Food has cooked up an 8% increase in revenue for the year to 30 June 2009, 5% of which it attributed to acquisitions. The firm's cake division, its largest, saw sales rise 2% in absolute terms, but remain flat on a like for like basis. The smaller Bread & Free From uni
Read moreSmall caps round-up: Timestrip, Amerisur Resources, Alizyme...
6th Jul 2009 10:11
Time and temperature measurement technology group Timestrip has appointed Vygon as the main distributor for TimestripIV products in the UK and Ireland. Vygon is a leading supplier of single-use medical and surgical products, including intravenous access devices, to the NHS. "We are delighted to be
Read moreKBC Advanced sees lower first half results
13th May 2009 14:15
Shares in KBC Advanced Technologies dropped sharply after the oil refinery software specialist warned that first half results are expected to fall short of those delivered in the same period last year. The group expects the second half of the year to improve, but said it does not believe this will
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