London midday: China reassurance boosts FTSE 100
14th Jun 2011 12:06
Stocks have moved higher, helped by some reassuring economic figures from China. Chinese industrial production rose by 13.3% in May, assuaging some observers' fears that economic expansion in the fast-growing country could slow. The excitement is in the FTSE 250 today, with Avis Europe soaring on
Read moreSME demand to lift 1pm to profit
14th Jun 2011 09:23
AIM-listed asset finance provider to small and medium enterprise (SMEs) 1pm moved up more than 25% after saying it will announce a return to profitability for the full year following improved trading. Turnover for the year ending 31 May 2011 is expected to be £1.90m, which is 43% ahead of last year
Read moreLondon open: Shares rise as Avis takeover stokes M&A excitement
14th Jun 2011 08:32
London's leading share index is posting strong decent growth this morning in contrast to recent sluggishness, but the excitement is in the FTSE 250 with Avis Europe soaring on news the Avis car hire brand is set to return to single ownership after US operator Avis Budget launched an agreed bid. Avi
Read moreSmall caps round-up: 1pm, ECDC, Hot Tuna...
17th Dec 2010 10:45
1pm, the specialist provider of lease asset finance to small and medium sized businesses, grew its lease portfolio by 43% in the half year ended November - which now stands at £9.2m - due to an increase in new business levels. The group also noted a return to profitability, reporting a pre-tax pro
Read moreSmall caps round-up: ILA, Indus Gas, Minera...
15th Sep 2010 11:42
ILA, which makes personal alarms for women, has won two big orders, one from the department store House of Fraser and one from the Canadian book retailer Indigo Books. But the shares are down nearly 9%. Losses widened at Indus Gas in the year to March 31, but the India-focused oil and gas group has
Read moreSmall caps round-up: ING Real, Intellego, Oxford Intruments...
20th Jan 2010 13:10
ING UK Real Estate Income Trust will repay £15m of debt through the purchase and cancellation of loan notes at a discount to nominal value in two separate transactions. The transaction will result in a one off gain to NAV expected to be in the order of £680,000, and will also save over £719,000 per
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