UK SMALLCAP ROUNDUP: Skyepharma Slides On New Flutiform Blow
24th Jun 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 SKYEPHARMA PLC (SKP.LN) shares fell to a new low Thursday after the drug developer said its hopes of launching asthma treatment Flutiform in the U.S. wer
Read moreLondon afternoon: Utilities in demand
24th Jun 2010 14:23
Leading shares continued to pare losses over the lunch time session and though the Footsie remains in negative territory, much of that us due to the weakness of mining stocks. ENRC, Kazakhmys, Lonmin, Fresnillo and Xstrataare the big losers in the sector as concerns about Europe's debt crisis resu
Read moreFTSE 250 movers: McBride takes a pasting
24th Jun 2010 12:50
Shares in McBride, maker of such products as toothpaste and toilet cleaner for supermarkets to sell under their own names, have crashed. It said it expects full year revenue growth to be flat after a weak final quarter and as raw material prices continue to rise. Oil explorer Dana Petroleum has ma
Read moreUK SMALLCAP ROUNDUP: Hong Kong's MiLOC Group Plans AIM IPO
24th Jun 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 MILOC GROUP, a Hong Kong-based healthcare company, is planning an initial public offering in London to raise funds to establish a network of traditional
Read moreLondon midday: Stocks off the bottom
24th Jun 2010 12:06
Leading stocks are off their lowest levels but the Footsie remains in the red with little hope of a boost in sentiment from Wall Street, where US stocks are expected to open moderately lower. Mining stocks are out of favour after an initially bright start. Early enthusiasm for miners was engendere
Read moreUPDATE: McBride Sees Rising FY 2011 Costs; Shares Down 20%
24th Jun 2010 11:52
(Adds share price, analyst comment, detail.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--McBride PLC (MCB.LN) Thursday said it expects raw materials costs to rise by up to 6% in fiscal 2011, but it won't be able to pass the rises on to customers straight away. The f
Read moreLondon open: Stocks in the red
24th Jun 2010 08:49
Having posted quick gains at the start, London's top stocks have reversed into the red. Miners are the main instigators for the decline with 9 out of the top ten fallers from the sector. Kazakhmys, Rio Tinto, Eurasian Natural Resources and Fresnillo are the biggest decliners so far. BP said the lo
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
24th Jun 2010 07:57
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0657 GMT [Dow Jones] Shore Capital downgrades McBride (MCB.LN) to hold from buy following the company's subdued update, which
Read moreMARKET TALK: Shore Downgrades McBride To Hold From Buy
24th Jun 2010 07:57
0657 GMT [Dow Jones] Shore Capital downgrades McBride (MCB.LN) to hold from buy following the company's subdued update, which showed flat FY sales. Says the primary sales slowdown has been in Europe, with the group citing weak retail sales across many markets, such as Spain, France and Holland, rath
Read moreMcBride shares slump after weak quarter
24th Jun 2010 07:45
Shares in private label personal care products supplier McBride slumped after it said it expects full year revenue growth to be flat after a weak final quarter and as raw material prices continue to rise. The Buckinghamshire-based firm said fourth quarter revenue is expected to be 3% lower than pri
Read moreMcBride: FY10 Revenue To Be Flat, Starts Further UK Restructuring
24th Jun 2010 07:44
LONDON (Dow Jones)--McBride PLC (MCB.LN), a provider of private label household and personal care products, reported Thursday it expects revenue growth for the year ended June 30, on a constant currency basis, to be flat and said it has initiated a further restructuring project in U.K. MAIN FACT
Read moreNew McBride boss buys
13th May 2010 15:57
McBride's new chief executive Christopher Bull has invested nearly £170,000 in buying an initial stake in the private label household products manufacturer. Bull has bought 90,000 shares at an average price of 188.19p a share one week after he took over as chief executive. Bull was previously chi
Read moreFTSE 250 movers: Rentokil results impress
30th Apr 2010 12:07
Rentokil Initial is a top riser. The pest control business has proved quite a catch over the past 12 months and business continued to improve in the first quarter when profit grew faster than analysts expected. Laundry and workwear group Davis Service Group moves ahead after saying it has been in l
Read moreLondon close: Footsie climbs after updates
29th Apr 2010 16:49
Investors were busy digesting a stream of company updates today and, seeing more good news than bad, sent the FTSE 100 into the blue. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) was a top performer. Not only did it see subscriber numbers improve by a better than expected 6
Read moreLondon afternoon: BP left behind
29th Apr 2010 15:07
Footsie is trading close to its high for the day despite heavily weighted index constituent BP coming under the cosh after it said the oil leak in the Gulf of Mexico is much worse than initially thought. BP's chief operating officer Doug Suttles has admitted that the amount of oil leaking from the
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