29th Apr 2019 13:25
(Sharecast News) - HomeServe: HSBC downgrades to reduce with a target price of 1,000p.
Read more18th Feb 2015 15:58
Interim results from regional industrial property investor A&J Mucklow showed strengthening conditions in its Midlands markets, with 8.9% growth in net asset value (NAV). With gross rental income received exactly flat at £10.5m, statutory profits before tax (PBT) almost doubled to £27.4m, though und
Read more18th Feb 2015 14:55
Real estate groups were among the worst performers in London on Wednesday with broker downgrades hitting shares of heavyweights Intu Properties and British Land. Shopping centre owner Intu fell 3% to 365.2p after analysts at Barclays lowered their rating on the stock from 'equal weight' to 'underwei
Read more19th Feb 2014 07:03
A boost in rental income helped Midlands-based commercial property developer Mucklow increase half-yearly pre-tax profits to 14.1m pounds from 8.1m pounds. The group said its property portfolio value rose to £278.5m from £262.7m with rental income rising £0.61m to £21.7m after it bought two more
Read more20th Nov 2013 16:14
Tom Albanese, a big player in the mining industry, has bought a round of shares in Vedanta Resources worth 298,290 pounds. Albanese, who is the former chief of Rio Tinto, purchased 30,500 shares at 978p each. In September the director took up an advisory role as Chairman of Vedanta Resources Ho
Read more4th Sep 2013 11:14
Equipment rental firm Vp has acquired concrete foundations equipment specialist Mr Cropper in a deal viewed as a very good fit by analysts. Vp has agreed to buy Mr Cropper outright for £4.6m, strengthening the group's groundworks division with Cropper's market leading position in the rental of mac
Read more20th Feb 2013 07:04
Amara Mining: Goldman Sachs moves target price from 90p to 55p downgrading to neutral. Aureus Mining: Goldman Sachs revises target price from 65p to 55p retaining a neutral rating. Avocet Mining: Goldman Sachs cuts target price from 55p to 30p and upgrades from sell to neutral. AZ Electronic Mate
Read more22nd Feb 2012 11:45
Property investor and developer, A and J Mucklow, has seen a sharp decline in its shares after reporting a 2.3 percent drop in its net asset value (NAV). Mucklow's basic NAV fell from £188.6m in June 2011 to £184.3m by the end of December. Apart from the NAV fall, other metrics look reasonable, wi
Read more7th Sep 2011 15:12
Real estate investment trust A&J Mucklow saw its profits take a nose dive over the year, but feeling confident it still increased the dividend by 3%. Pre-tax profit was significantly down from £35.9m to £12.9m, while earnings per share dropped from 60.91p to 22.43p. Revenues stood at £18.3m, dow
Read more23rd Feb 2011 14:09
Real estate investment trust A&J Mucklow saw adjusted net asset value (NAV) per share ease a fraction in the second half of 2010, which it attributed to a lull in the investment market. Adjusted NAV per share at the end of 2010 stood at 306p, down from 308p at the end of June 2010, as a result of a
Read more9th Sep 2009 09:41
China-based software and IT company Sinosoft has surged close to a 12-month high on news it has won four tenders for its e-government services worth about £444,000. Sinosoft will install systems to help standardise procedures within local government departments in Jiangsu province in areas such as
Read more13th May 2009 14:43
Property groups are lower on a busy day for the sector. Brixton falls after it said it was still considering an equity raising as it sold four industrial units to AEW Europe for £70.25m. FTSE 100-listed Land Securities is also lower after it saw its net asset value slashed by two-thirds in 2008 in
Read more13th May 2009 12:27
Leni Gas & Oil has boosted its presence in the Gulf of Mexico through the award of the grant of two new leases to Leed Petroleum and Byron Energy. Byron is an associate of Leni Gas and has an option to acquire 25% of the new Leed leases. Byron itself has also been granted four new leases in the Gu
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