FTSE 250 movers: Regus jumps on 2011 outlook
21st Mar 2011 15:43
Regus, the serviced office specialist, soared on Monday despite reporting a substantial fall in profits in 2010. Pre-tax profit dropped from £86.9m to £7.8m, but chief executive Mark Dixon did give an upbeat outlook on trading in 2011. "Arguably the recession of the last two years has been good fo
Read moreBroker tips: Gaming, Man Group, Northgate
21st Mar 2011 12:58
Peel Hunt does not expect any significant changes to gaming taxation from this week's Budget, but notes that the chancellor may throw down a marker that could have significant implications for parts of the gaming industry in the long term. The previous government gave gaming companies the option of
Read moreBroker snap: Longer term concerns remain at Northgate
21st Mar 2011 12:13
Overall current trading at Northgate remains robust, but UBS remains concerned with longer-term problems and keeps its 'sell' rating. The light commercial vehicle hirer announced Friday that it is trading slightly ahead of expectations, and the broker expects an announcement of debt refinancing in
Read moreNorthgate continues recovery
18th Mar 2011 16:14
Light commercial vehicle hirer Northgate says that it is trading slightly ahead of its plans. The trading statement covers the period from 1 November 2010 to 18 March 2011. Net debt is continuing to fall and the company is reviewing its financing facilities, which last until September 2012. In
Read moreChief executive's wife buys Northgate shares
24th Jan 2011 16:35
Robert Contreras's wife has acquired nearly £20,000 worth of shares in light commercial vehicle hirer Northgate. Contreras was appointed chief executive in June last year. For the previous two years he had been finance director. There were 6,800 shares acquired at 294p each. The couple's holding
Read moreWednesday tips round-up: Amec, Standard Life, Anglo American...
8th Dec 2010 07:02
Amec, once a workaday building contractor, has spent the past decade retooling itself as a consulting engineer and project manager. About 45% of the workload now comes from oil and gas, mining and nuclear. Amec shares do not come cheap on 17 times 2011 earnings, although this falls to less than 14
Read moreNorthgate increases efficiency in UK and Spain
7th Dec 2010 15:11
Shares in car and van rental group Northgate moved up a gear after profits rose by a quarter in the half year to October 31 as fleet reductions resulted in increased efficiency. Pre-tax profits climbed to £27.2m from £22m over the same period the previous year even as revenues fell to £367.9m fro
Read moreSmall caps round-up: Eros, China Medical Systems, Tristel.....
9th Sep 2010 14:48
Indian films distributor Eros International has filed a prospectus for the proposed flotation of Eros International Media Limited in relation to the proposed flotation on the National Stock Exchange of India and the Bombay Stock Exchange. The offer will open on 17 September and be closed four days l
Read moreNorthgate Names Deborah Stevenson Interim Chief Financial Officer
16th Jul 2010 07:15
LONDON (Dow Jones)--Northgate PLC (NTG.LN), a specialist in light commercial vehicle hire, Friday announces the appointment of Deborah Stevenson as Interim Chief Financial Officer with effect from July 19. MAIN FACTS: -Stevenson will have responsibility for the Company's finance department a
Read moreMARKET TALK: HSBC Starts European Business Services Stocks
8th Jul 2010 07:58
0658 GMT [Dow Jones] HSBC initiates coverage of European business services stocks. Says there has been some considerable volatility in the sector as investors wrestle with recession, the speed of the recovery and the possibility of a relapse in demand. "Through the clamour of much macroeconomic nois
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jul 2010 07:58
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] 0658 GMT [Dow Jones] HSBC initiates coverage of European business services stocks. Says there has been some considerable vola
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
1st Jul 2010 10:59
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0959 GMT [Dow Jones] UBS nudges up Northgate (NTG.LN) price target to 200p from 195p. Says the final results show solid im
Read moreMARKET TALK: UBS Nudges Up Northgate Price Target
1st Jul 2010 10:59
0959 GMT [Dow Jones] UBS nudges up Northgate (NTG.LN) price target to 200p from 195p. Says the final results show solid improvements in key trends and cash generation is particularly strong. But expects Spanish construction to be significantly weak for a number of years. Expects further deterioratio
Read moreThursday's tips round-up: Hunting, Astra, Barclays
1st Jul 2010 06:51
Hunting's broad global spread should insulate it against turbulence related to the crisis in the Gulf. And despite a multiple of 26 times 2010 forecasts, the shares are off 33 per cent since their March peak. The market is arguably over-emphasising Hunting's risk from the Gulf and overlooking improv
Read moreUK SMALLCAP ROUNDUP: Resaca Exploration Shelves Share Sale
30th 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 RESACA EXPLOITATION INC. (RSOX.LN), an oil and gas company, said Wednesday it postponed a planned share issue due to market conditions. Resaca planne
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