John Menzies pinches Ricardo Finance Director
30th Jan 2013 07:18
John Menzies has named Paula Bell as its new Group Finance Director, who joins the aviation and distribution group from the same role at engineering consultancy Ricardo. She will join after agreeing a mutually acceptable departure date with her current employer, the company said. John Menzies Ch
Read moreLondon midday: Markets cautious in fiscal deal aftermath
3rd Jan 2013 11:27
- Markets subdued after yesterday's 2.2 per cent jump - Concerns over US economy weigh on sentiment - Next cheers investors with festive update The FTSE 100 was broadly flat by Thursday lunchtime as stocks held on to yesterday's impressive 2.2 per cent surge on the back of the US fiscal cliff deal
Read moreLondon open: Stocks flat after impressive rise
3rd Jan 2013 08:16
UK stocks were registering only slight losses on Thursday morning as markets managed to hold on to yesterday's impressive gains following the New-Year's-Day agreement to avert the fiscal cliff in the US. Providing some support early on was the China non-manufacturing purchasing managers' index whic
Read moreJohn Menzies FD resigns after in-line 2012
3rd Jan 2013 07:21
John Menzies, the aviation and distribution group, has said that full-year results will be in line with expectations in 2012 after 'continued progress' in the fourth quarter. The news comes alongside the resignation of Finance Director Paul Dollman, who announced his intention to retire from the bo
Read moreMenzies secures Marketforce contract
5th Dec 2012 08:08
Distribution firm John Menzies said it had signed a five year extension to its contract with Marketforce, one of the UK's largest magazine distributors. The agreement will see the company's newspaper and magazine wholesaling division, Menzies Distribution, continue to handle Marketforce's products
Read moreFTSE 250 movers: Kenmare falls on reduced production guidance
28th Nov 2012 15:18
Kenmare Resources, the titanium feedstock miner, was down after warning that as a result of production issues, it expects its full-year production to be lower than previous guidance of 630,000 tonnes of ilmenite and 50,000 tonnes of zircon. Insurance group Lancashire Holdings was another heavy fal
Read moreJohn Menzies to acquire UK based portfolio of businesses
28th Nov 2012 07:55
Distribution firm John Menzies has reached agreement for Menzies Distribution, its newspaper and magazine wholesaling subsidiary, to acquire the entire issued share capital of Orbital Marketing Services Group, a portfolio of UK based logistics and marketing services businesses. The total cash cons
Read moreLondon pre-open: FTSE set to erase Tuesday's gains
28th Nov 2012 07:26
City sources predict the FTSE 100 will open down 15 points from yesterday's close of 5,800, as concerns over the situation overtakes the confidence which followed the Greek bail-out agreement. The predicted losses will erase all of Tuesday's gains which resulted from the deal. The main US equity
Read moreMenzies on track to hit full year targets
13th Nov 2012 08:37
Distribution firm John Menzies said full year results should come in in line with its expectations after a positive second half so far. In the four months to the end of October the firm said its Menzies Aviation division was on track to deliver full year underlying EBIT growth in line with expectat
Read moreJohn Menzies renegotiates News International contract
16th Aug 2012 14:24
Menzies Distribution, the newspaper and magazine wholesaling division of FTSE 250 group John Menzies, has successfully renegotiated contract terms with News International, the largest newspaper publisher in the UK. Menzies' contract will now include the distribution of titles in Kent and Lancashir
Read moreLondon close: Stocks maintain gains despite mixed data
14th Aug 2012 17:06
- Eurozone GDP in line - German and French data beats expectations - UK inflation rises in July Some better-than-expected economic growth data from Germany and France helped UK stocks hold on to gains on Tuesday; although London's benchmark index, the FTSE 100, was trading within a narrow range of
Read moreFTSE 250 movers: Henderson in top spot after boosting divi
14th Aug 2012 15:10
Henderson Group, a second tier fund manager, pleased investors with a small but 'solid' profit following a volatile half year, prompting an increase in the interim dividend. Egypt-focused gold miner Centamin which has stuck with its production guidance after second quarter output hit record levels
Read moreLondon midday: United Utilities leads stocks higher
14th Aug 2012 11:33
- UK CPI inflation rises in July - Eurozone GDP falls in line with forecasts - United Utilities up on takeover speculation The Footsie had moved broadly sideways in morning trade on Tuesday, holding on to the gains made in the opening hour, as investors digested a barrage of economic data from home
Read moreLondon open: Stocks gain as German GDP beats forecasts
14th Aug 2012 08:35
- German Q2 GDP above forecasts - Japanese stimulus could be on the agenda - Standard Life impresses as profits jump London's FTSE 100 advanced on Tuesday morning after German growth data beat expectations and investors hoped that policy-makers in Japan would step up to boost its economy. German e
Read moreMenzies flies into headwinds
14th Aug 2012 07:59
Scottish distribution firm John Menzies saw revenues fall in the first half as the firm was hit by tough economic conditions and a weak euro. Turnover fell to £988.4m from a just over a billion pounds the year before, but pre-tax profits rose slightly to £25.4m. The company's cargo handling arm, M
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