Wednesday tips round-up: BP, Imperial Tobacco, Shanks
3rd Feb 2010 06:56
BP shares are yielding 6.2% in 2010, rising to 6.5% in 2011. Investors should use yesterday's fall in the share price as a buying opportunity. The yield is too impressive to ignore. Trading on a December 2011 earnings multiple of 7.6 times, the stance remains buy says the Telegraph. Whichever way y
Read moreSoft commodity prices hit NWF sales
2nd Feb 2010 09:27
Revenue from the food distribution business is holding up at distributor NWF but the feeds and fuels divisions saw sales dip as commodity prices softened. Group revenue from continuing operations fell 11.4% to £175.5m in the six months to 30 November from £198.1m a year earlier. Revenue from food
Read moreNWF still on track
11th Jan 2010 08:16
Oil, animal feeds, and grocery products distributor NWF said it continues to trade in line with expectations whilst maintaining lower debt levels. The group, which specialises in the distribution of food, feed and fuel, after selling its garden centre division last year, issued the update ahead of
Read moreNWF trading in line
24th Sep 2009 08:36
Oil, animal feeds and grocery products distributor NWF said overall the group continues to trade in line with expectations. Food Distribution has continued to make progress, the group said, amid better levels of operational efficiency. In Feeds the summer has been slower than normal as forage has
Read moreWednesday tips round-up: Intercontinental Hotels, Greggs, NWF
12th Aug 2009 06:50
Intercontinental Hotels, which runs the Holiday Inn and Crowne Plaza chains, released its second-quarter results yesterday, saying that revenue was down, revenue per available room (a key measure in the industry) was down and it had recorded a loss of $82m after last year's $145m profit. If you wan
Read moreNWF profits take off
11th Aug 2009 08:29
NWF Group, which distributes oil, animal feeds and grocery products, grew profits by 48% in the first half as its fuels business made almost twice as much as the year before. Profit before taxation from continuing operations for the year ended 31 May 2009 jumped to £6.2m from £4.2m in 2008 on reven
Read moreImperial chairman buys after results
12th May 2009 17:00
Imperial Tobacco's chairman Iain Napier has lifted his stake in the firm following its first quarter results, spending more than £35,000 on shares. He took 2,257 at about 1,560p a time and now has 12,538. Imperial saw underlying earnings rise for the half-year but shares were hit because of concer
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