Travis Perkins divisional chairman sells shares as company reports falling sales
12th Dec 2012 16:27
Joe Mescall, the Divisional Chairman of General Merchanting at Travis Perkins, sold 14,854 shares post-exercise, one day before the company warned that market headwinds have continued, although assured investors the outlook for the year as a whole remains unchanged. Mescall sold the shares at 1,098
Read moreMonday broker round-up UPDATE
3rd Dec 2012 07:16
ARM Holdings: Exane BNP Paribas upgrades from neutral to buy. Ashtead Group: Bank of America starts with a target price of 460p and a buy recommendation. AstraZaneca: Berenberg raises target price from 3080p to 3100p; hold recommendation kept. Balfour Beatty: Investec reduces target price from 21
Read moreFTSE 250 movers: Invensys continues to soar
29th Nov 2012 15:10
Technology group Invensys extended yesterday's surge after announcing last night that it is to sell its rail division to Siemens for 1.742bn pounds, pay down its pension deficit and return 625m pounds in cash to shareholders. Thus, the company's shares were again catapulted higher as talk picked up
Read morePaypoint reports jump in transactions
29th Nov 2012 08:23
Paypoint, the electronic payments business, reported revenues and profits up in the first half after strong growth in the number of transactions it processed. Revenue increased £6m - or 6% - overall to £101.7m, with pre-tax profits coming in at £18.3m, up 15.5%. A lower tax charge boosted earnings
Read moreMonday broker round-up
15th Oct 2012 09:33
Anglo American: Goldman Sachs downgrades to sell. Antofagasta: Goldman Sachs downgrades to neutral, target cut from 1,150p to 1,100p. Asian Plantations: Panmure Gordon cuts target from 400p to 380p, buy rating kept. AVEVA: Panmure Gordon keeps hold rating and 1,878p target. Bellzone Mining: Gold
Read morePaypoint rues mobile top-up declines
26th Jul 2012 09:28
Paypoint, the payment systems operator, says bill payment and retail services have been strong since March but declining mobile phone top-ups have dented revenues. The firm operates a network of 24,000 payment terminals in local shops in the UK which allow consumers to pay utility bills, TV Licence
Read moreThursday broker round-up
21st Jun 2012 09:13
ARM Holdings: Investec maintains buy rating and 800p target. Ashtead: Jefferies ups target from 300p to 320p, buy rating retained. Bellway: Goldman Sachs downgrades to neutral. British Land: Societe Generale downgrades to sell. CRH: HSBC upgrades to overweight. Dignity: Goldman Sachs downgrades
Read moreRecord number of transactions at Paypoint
24th May 2012 07:17
Paypoint, the electronic payments business, reported forecast-beating revenues after seeing a record number of transactions being put through its in-store terminals. Paypoint provides terminals to 23,500 retailers through which customers can pay their utility, mobile and housing association bills.
Read morePayPoint trading in line, revenues up 3%
26th Jan 2012 07:58
PayPoint, the FTSE 250 electronic payment services provider, was able to maintain revenue growth of 3% in the third quarter, with both its established and developing businesses showing robust trading. PayPoint, which provides payment collection and ATM networks across the UK, said that revenue tota
Read moreOutgoing chief at Spirit buys shares
29th Nov 2011 16:29
Spirit Pub Company's outgoing chief executive Ian Dyson has purchased £58,575 worth of shares just days before he exits the company. The director, who is leaving the firm after just over a year in the job, bought up 150,000 shares at 39.05p. The former Marks & Spencer finance director will leave
Read morePaypoint profits jump but mobile is a drag
26th May 2011 11:08
Paypoint posted a 5.5% rise in profits after seeing record transaction volumes of 590m in the year to the end of March. The electronic payment services provider reported pre-tax profits of £34.5m up from £32.6m the year previously. The increased profit came despite a 1.6% fall in revenues to £193m
Read moreLondon close: FTSE 100 falls short as turmoil continues
2nd Mar 2011 17:01
Shares fought valiantly to finish in the blue but fell short as worries over the turmoil in the Middle East continued to cast a shadow. Gold moved above $1,436 to a record high as traders sought safe investments amid turbulent times. The oil price stayed strong having risen above $100 in New York.
Read moreNational Lottery rejects Camelot's proposal
2nd Mar 2011 15:42
The National Lottery Commission (NLC) has rejected Camelot's plans to offer ancillary activities through its terminals after concerns raised by EU competition law. Camelot, the lottery operator, had proposed an application to the NLC in early 2009 to offer services such as mobile top-ups and bill p
Read morePaypoint celebrates Camelot ruling
2nd Mar 2011 13:45
Shares in Paypoint jumped after the National Lottery Commission rejected a plan by lottery operator Camelot to sell other services such as mobile top-ups and bill payments through its terminals. Such a move would have hit revenues at Paypoint, whose services are offered by newsagents and other reta
Read morePayPoint transactions grow
25th Jan 2011 16:35
Electronic payment services provider PayPoint says that transactions have grown faster than expected. The statement covers the period from 27 September to 26 December 2010. Bill and general payment transactions in the UK `were more than 6% higher that the same period of the previous year. The numb
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