Branded rivals squeeze McBride profits
3rd Sep 2013 07:39
Private label consumables group McBride said an increase in branded competition impacted full year earnings but on a brighter note said it had started to make progress after a good start to the new financial year. The group, which makes home-brand household and personal care products, said revenue
Read moreMcBride encourages with future growth prospects
5th Jul 2013 14:23
McBride, the maker of retail home-brand household and personal care products, saw revenue decline in the year to June, in line with expectations. A year-end trading update from the group showed its contract manufacturing segment fell 27% as it gradually winds down as planned, but this dragged down
Read moreImagination Tech exec invests as company unveils annual results
19th Jun 2013 15:48
Andrew Heath, a Non-Executive Director of chip designer Imagination Technologies invested nearly 60,000 pounds in the firm on Wednesday, the same day that the group unveiled its annual results. Heath, who also works as the President of the Energy division at Rolls-Royce, purchased 20,677 shares in
Read moreFriday tips round-up: Hammerson, McBride, IMI
10th May 2013 07:40
FTSE 100 retail property developer Hammerson yesterday delivered a mixed trading update. However, the company does seem to have a good long-term strategy in place, of exiting the London office market in favour of local retail space, which - it must be said - goes against current received wisdom. To
Read moreIncoming Chairman at Rolls-Royce buys first round of shares
22nd Mar 2013 16:16
Ian Davis, the soon-to-be Chairman of Rolls Royce, has purchased his first shares in the company since being appointed to the board at the beginning of March. Davis, who has served on the boards of BP, Johnson & Johnson and McKinsey & Company, bought 5,000 shares at 1,110p at a total cost of £55,5
Read moreThursday broker round-up UPDATE
14th Feb 2013 08:09
African Barrick Gold: Deutsche Bank cuts target price from 410p to 340p, while staying with its hold recommendation. Investec reduces target price from 405p to 315p and downgrades from buy to hold. JP Morgan lowers target price from 370p to 290p and downgrades to underweight. AG Barr: Barclays down
Read moreThursday broker round-up UPDATE
7th Feb 2013 07:14
African Barrick Gold: Deutsche Bank shifts target price from 415p to 410p, while its hold recommendation is maintained. Ashmore Group: Canaccord Genuity moves target price from 315p to 399p and upgrades to buy. Atkins: JP Morgan takes target price from 859p to 893p and reiterates an overweight rat
Read moreThursday broker round-up UPDATE
10th Jan 2013 07:10
Afren: Morgan Stanley takes target price from 215p to 220p and reiterates an overweight rating. Alent: Bank of America starts with a target price of 370p and a buy recommendation. Associated British Foods: Goldman Sachs moves its target price from 1160p to 1190p and maintains a sell rating. AVEVA
Read moreTuesday broker round-up UPDATE
8th Jan 2013 07:19
Anglo American: Deutsche Bank reduces target price from 2270p to 2230p and maintains its buy recommendation. Aquarius Platinum: Deutsche Bank ups target price from 73p to 76p, while the buy rating remains unchanged. ARM Holdings: Credit Suisse raises target price from 645p to 780p and reiterates a
Read moreFriday broker round-up - UPDATE
19th Oct 2012 09:00
Aggreko: Jefferies keeps buy rating and 2,800p target; Seymour Pierce keeps buy rating and 2,500p target; Panmure Gordon cuts target from 2,228p to 2,159p, hold rating unchanged. Alliance Pharma: umps upgrades to buy, target lifted from 32p to 37p. Avacta: Panmure Gordon keeps buy rating and 1.75p
Read moreMonday broker round-up
15th Oct 2012 09:33
Anglo American: Goldman Sachs downgrades to sell. Antofagasta: Goldman Sachs downgrades to neutral, target cut from 1,150p to 1,100p. Asian Plantations: Panmure Gordon cuts target from 400p to 380p, buy rating kept. AVEVA: Panmure Gordon keeps hold rating and 1,878p target. Bellzone Mining: Gold
Read moreMcBride lowers profits guidance
15th Oct 2012 09:18
Own label goods maker McBride has reduced full year profits guidance as the rate of decline in its contract manufacturing business has accelerated. The firm, which last month announced an unexpected cut in its dividend last month, indicated trading profit in the year to the end of June 2013 will be
Read moreWife of Admiral CEO spends 2.12m pounds on shares in one week
7th Sep 2012 17:16
The wife of Henry Engelhardt, the Chief Executive Officer of car insurance group Admiral, topped up the family stake in the car insurance group again on Thursday, taking her investment in this week alone to over two million pounds. Diane Briere de l'Isle bought 45,500 shares at yesterday at a price
Read moreMcBride hit after unexpected dividend cut
4th Sep 2012 14:27
Private label product maker McBride said it was positive on the upcoming year with consumers increasingly turning to 'own brand' labels. However, it said it would cut the full year dividend to 5.0p per share from 6.8p the year before. The firm said this was necessary "to maximise the cash availabl
Read moreSales for both Ffastfill and National Grid directors
18th Jun 2012 16:25
The Corporate Development Director of Ffastfill, has sold 1.383m shares in the firm just a fortnight after the company posted a drop in pre-tax profits. Nigel Hartnell ditched the shares for 13.50p a pop, pocketing £186,705 in the process. Revenue for the full year rose from £15.5m to £17.2m, bu
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