Thursday tips round-up: Vedanta, Tullow, Greene King
28th Jan 2010 05:54
There are few large-cap miners whose shares are as geared to commodity prices as India's Vedanta Resources. Last year's share price performance ? a rise of 327 per cent ? said as much. So, too, did yesterday's third-quarter update. The imminent redemption of a $725 million convertible bond at a 40 p
Read moreLondon close: Footsie weakness continues
27th Jan 2010 17:00
Shares continued their weak run of recent days, with the FTSE 100 ending the day deep in the red. Mining stocks fell on enduring concerns that the Chinese authorities will introduce further measures aimed at cooling down the country's overheating economy. Xstrata, Fresnillo and Anglo American are t
Read moreLondon afternoon: Stocks stuck in reverse
27th Jan 2010 13:38
London's attempts at a rally fizzled out over the lunch time session though the Footsie is trying once more at the mid-afternoon point to climb the mountain. Mining stocks continue to impede the blue-chip index's progress, however, on enduring concerns that the Chinese authorities will introduce f
Read moreLondon midday: Miners pull blue chips lower
27th Jan 2010 12:02
Footsie is trying to rally after an early sell-off on fears that China is planning fiscal measures to cool growth. Mining stocks once again feature prominently among the laggards, with Xstrata, Fresnillo and Anglo American the worst hit. Mining giant Vedanta Resources is also lower despite seeing
Read morePlant Health Care adjusts 2010 guidance
27th Jan 2010 08:04
Plant Health Care expects to report a significantly reduced full year loss for 2009, but the natural plant supplement supplier said at least one third of sales previously expected to fall in 2010 are now likely to fall in to the following year. The group said it has to adjust its market guidance fo
Read moreSector movers: Chemical sector reacts to Johnson Matthey downgrade
14th Sep 2009 14:00
Johnson Matthey is helping drag the chemicals sector lower. The platinum refiner and catalytic converter maker was downgraded to 'equal-weight' from 'overweight' at Morgan Stanley. Elsewhere in chemicals, Plant Health Care falls back slightly after depressed agricultural markets resulted in widenin
Read moreSmall caps round-up: IS Solutions, Netservices, Plant Health Care...
14th Sep 2009 09:51
Higher revenues helped software services group IS Solutions post broadly unchanged profits in the six months to June 30. Pre-tax profits for the period totalled £184,000, compared with £189,000 the previous year, as revenues soared to £5.12m from £3.64m. During the year, the company completed the p
Read moreTuesday tips round-up: Fresnillo, Michael Page, Shaftesbury
18th Aug 2009 06:05
Fresnillo argues that the twin drivers ? fundamental demand from industry and speculative investment by hoarders ? will keep silver's price buoyant over the next year. However, a glance at the price shows that it has decoupled from gold and in recent months has been more influenced by base metals. I
Read moreSmall caps round-up: Hill & Smith, Innovation, BlueStar...
17th Aug 2009 09:37
Infrastructure and construction products group Hill & Smith reported a 1% rise in first-half pre-tax profit to £20.2m, while revenue was down 7% at £196.8m. The dividend increased to 4.7p per share compared with 4.3p last time. 'Whilst the extent to which these signs of improvement are maintained
Read morePlant Health non-exec buys 50k shares
14th Jul 2009 16:51
Plant Health Care, the natural plant supplement supplier, said non-executive director Dominik Koechlin bought over £87,000 worth of shares in the firm. Koechlin had purchased 50,000 shares at a price of 175p each. Following the transaction, Koechlin's holding increased to 85,000 shares. Top Dire
Read moreSmall caps round-up: GB Group, Mission Marketing, Griffin Mining...
2nd Jun 2009 08:54
Identity management specialists GB Group said it made excellent progress in the year to March as it swung into profits of £1.4m from the loss of £400,000 in the previous year. Group revenue in the year increased by 23% to £23.8m driven by growth across all areas of the business. “We believe that i
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