FTSE 250 movers: Kcom Group rises following dividend hike
7th Jun 2013 15:31
Telecoms and internet communication provider Kcom Group advanced after announcing a 10 per cent rise in its dividend in its annual results despite a slump in sales. 888 Holdings rallied after New York Congressman Peter King proposed a bill that back online gambling. Emerging markets fund Ashmore
Read moreLondon midday: Markets lower ahead of non-farm payrolls
7th Jun 2013 11:45
Markets were trading in a cautious fashion on Friday morning ahead of the eagerly-anticipated employment report from the States due out this afternoon. The FTSE 100 finished 1.3% lower on Thursday at 6,336, its lowest level since April 22nd, as the recent pattern of market volatility continued in a
Read moreLondon open: Stocks flat as markets nervously await US jobs data
7th Jun 2013 08:24
After falling to its worst level in over six weeks, London's FTSE 100 opened broadly flat on Friday morning with investors refraining from building positions ahead of the all-important US jobs report due out this afternoon. The Footsie finished 1.3% lower on Thursday at 6,336, its lowest level sinc
Read moreKcom maintains dividend growth despite shrinking sales - UPDATE
7th Jun 2013 07:31
Telecoms and internet communications provider Kcom Group hiked its dividend 10 per cent as promised but the top line continued to shrink. Sales fell for the fifth year in a row, with revenues from continuing operations slipping 3.7% to £372.9m in the 12 months to 31st March, while earnings before i
Read moreFriday preview: Kcom Group reports, US jobs data released
6th Jun 2013 15:43
Broadband and communications provider Kcom Group will unveil its annual results on Friday. Earlier this year, the company reported a positive momentum across all its brands as it secured a number of contract renewals in the face of challenging market conditions. At the time, Bill Halbert, Executi
Read moreSector movers: Vodafone and BT lift telecoms higher
25th Apr 2013 14:25
Telecoms stocks were in demand on Thursday with Vodafone on the rise on renewed M&A speculation and BT gaining on reports that it is seeking a new mobile-phone partner. Shares in Vodafone were up 1.8% at 196.6p in afternoon trade after Reuters said last night that joint-venture partner Verizon Comm
Read moreKCOM works to bring down pension deficit
4th Apr 2013 08:01
Communications services firm KCOM said it is working with the trustees of its pension schemes to pay back the deficit. Alongside a trading update in which the firm said that its performance has been in line with market forecasts in the year to March 31st, the group said it has reached an agreement
Read moreLondon close: Stocks surge as economic data impresses
1st Feb 2013 16:46
The impressive performance by global stock markets last month continued into the first trading day of February, as a barrage of upbeat economic data lifted sentiment. The FTSE 100 rose a total of 6.4% in January alone, the best January performance since 1989. Eurozone manufacturing beats forecast
Read moreFTSE 250 movers: KCOM rises on Q3 statement
1st Feb 2013 15:44
Communications services provider KCOM rose after saying in a third-quarter statement that it has seen "positive momentum across all brands". De La Rue, the banknote printer, surged after saying that it had received "some" of the previously delayed orders that it had referred to in the last trading
Read moreSector movers: Telecoms gain as BT dials the right numbers
1st Feb 2013 15:08
Fixed-line telecoms stocks were making gains on Friday, helped by a strong rise from sector heavyweight BT Group which impressed the market with its third-quarter statement. The company managed to beat profit forecasts in the third quarter as a result of "impressive" cost reduction, according to an
Read moreLondon midday: Euro manufacturing data lifts sentiment
1st Feb 2013 11:58
A better-than-expected reading of Eurozone manufacturing data helped cement gains for equity markets on Friday morning, as investors await the all-important jobs data due out in the US this afternoon. Expectations are for a 165,000 rise in US non-farm payrolls in January when numbers are released a
Read moreLondon open: Stocks extend gains after strong performance in January
1st Feb 2013 08:29
Markets were performing well in early trading on Friday, extending gains made last month, ahead of the all-important jobs report in the US this afternoon. The FTSE 100 rose a total of 6.4% in January alone, the best January performance since 1989. However, as Joe Rundle, head of trading at ETX Cap
Read moreKcom maintaining 'positive momentum across all brands'
1st Feb 2013 07:34
FTSE 250 communications services provider Kcom has published an interim management statement for the third quarter ending December 31st disclosing progress in the face of challenging market conditions. In the update, which did not include any numbers, the company reported that public sector remaine
Read moreKCOM CFO sells half a million shares
29th Jan 2013 16:21
The Chief Financial Officer (CFO) of KCOM, the FTSE 250 broadband and communications provider, sold half a million shares at 73.5p each. Paul Simpson, who has held the role of CFO since May 2004, earned £367,500 before tax from the transaction. He now holds 1.02m shares in the group, equal to 0.1
Read moreGeronimo Inns MD offloads shares in parent group Young's & Co
18th Dec 2012 17:00
Rupert Clevely, the Managing Director of Young's & Co Brewery's Geronimo Inns division, sold nearly half a million pounds-worth of shares in the pubs group on Tuesday. Clevely, who co-founded Geronimo Inns, sold 62,688 shares in Young's & Co at 701.3573p a pop, earning himself a total of £439,667.
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