London afternoon: Sainsbury slides on sales leak
16th Nov 2009 14:31
After getting off to a flying start, the FTSE 100 index has drifted sideways since the middle of the morning. A larger part of the blue-chip index's gain is down to mining stocks, which are in demand as metal prices continue to head north. Lonmin leads the sector higher despite reporting a full-y
Read moreMBL Group to supply Best Buy's UK stores
16th Nov 2009 13:50
Home entertainment products supplier MBL Group has signed a new deal with Best Buy for the exclusive supply of its DVDs, BluRays and CDs. The contract is for an initial period of 12 months with the potential to extend for a further 12 months. Best Buy is set to open its first UK store in Spring
Read moreSainbury's King sells options
23rd Jul 2009 16:48
Sainsbury's chief executive Justin King has sold around £1.8m worth of options in the supermarket chain. King exercised an award of 898,000 shares under the J Sainsbury Share Plan 2005. He sold 369,000 of those shares at 318p each to fund the tax and national insurance liability from the exercise
Read moreSmall caps round-up: MBL, Netplay, Playtech...
9th Jul 2009 08:17
Big profits and a maiden dividend have sent entertainment products distributor MBL charging higher Thursday. The supplier of CDs, DVDS and games reported a 42% hike in pre-tax profit for the year ended 31 March 2009 to £8.1m on revenue up 77.5% to £143.6m. Its major competitor, Entertainment UK, t
Read moreSmall caps round-up: Imagination, Cashbox, Capital & Regional...
22nd Jun 2009 09:09
System on a chip technology firm Imagination Technologies Group has signed a multi-use licence agreement with semiconductor company MediaTek. MediaTek will deploy Imagination's POWERVR SGX graphics processor technology on its future system on a chip devices. Imagination will receive licensing fees
Read more