London close: Pension deal boosts BA
16th Mar 2010 17:03
After threatening to hit a new intra-day high the FTSE 100 index saw its advance checked in the final hour of trading as profit takers moved in ahead of the Federal Reserve's decision on interest rates later today. Airline British Airways made a late surge to the top of the Footsie leaderboard as i
Read moreLondon afternoon: G4S locked out of market rally
16th Mar 2010 14:49
The Footsie stopped just short of dipping into negative territory over the lunchtime session before buyers moved back in just before 2pm. Banks and miners continue to provide many of the bright spots, with the latter benefitting from higher metal prices. In banking, Royal Bank of Scotland is want
Read moreLondon midday: Early gains trimmed
16th Mar 2010 12:03
The FTSE 100 was clinging on to positive territory at the start of the lunchtime session after share prices went into a late morning swoon. Banks and miners continue to provide most of the bright spots, with the latter benefitting from higher metal prices. In banking, Royal Bank of Scotland is wa
Read morePhoto-Me to beat expectations
16th Mar 2010 11:48
Photo booth operator Photo-Me thinks profits for the full year will exceed expectations after benefiting from improvements in management in the second half. 'The third quarter reported a much reduced loss on continuing operations,' the company said. Photo-Me, which operates 42,900 vending machines
Read moreThursday tips round-up: Stagecoach, Standard Chartered, Imagination
10th Dec 2009 06:05
Stagecoach, the bus and rail operator, proclaimed itself pleased with yesterday's half-year results: pre-tax profits were £75.5m, versus £105.2m this time last year, while earnings per share dropped to 9p, from 12.1p in 2008. The wheels could certainly come off, but on balance, we're happy to hop on
Read morePhoto-Me profit surges, resumes divi
9th Dec 2009 07:27
Photo booth operator Photo-Me International posted a 72% surge in half year pre-tax profit and resumed dividend payments. For the half year to 31 October 2009 pre-tax profit before one-off items rose to £11.2m from £6.5m the year before, helped by favourable exchange rates. Revenue increased 9% to
Read morePhoto-me appoints new chief executive
26th Nov 2009 08:20
Photo booth operator Photo-Me has announced the appointment of Richard Seurat as chief executive designate. The Frenchman, who until Wednesday was the chief executive and chairman of Paris-based digital technology products group NOVO, will act as joint chief executive with deputy chairman Serge Cra
Read morePhoto-Me on track to hit targets
29th Oct 2009 11:49
Photo booth operator Photo-Me says it is "well-placed" to meet expectations for the year to 30 April 2010. Revenue rose by 8% in the five months to 30 September from the year before, but dropped 3% at constant exchange rates as sterling fell against the yen. Profit before exceptional items and tax
Read moreSmall cap round-up: Photo-Me, Cosalt, AEC Education...
18th Sep 2009 07:54
Photo booth group Photo-Me's revenue from continuing operations and underlying pre-tax profit both increased in the quarter from 1 May to 31 July 2009, helped by currency movements. Net debt decreased in the quarter and the group completed the disposal of Imaging Solutions, the loss-making wholes
Read moreSmall caps round-up: Timestrip, Amerisur Resources, Alizyme...
6th Jul 2009 10:11
Time and temperature measurement technology group Timestrip has appointed Vygon as the main distributor for TimestripIV products in the UK and Ireland. Vygon is a leading supplier of single-use medical and surgical products, including intravenous access devices, to the NHS. "We are delighted to be
Read moreFriday tips round-up: Greene King, Game, Wellstream
3rd Jul 2009 06:43
Greene King, the pub operator and brewer, reckons it is in a much better position than many of its rivals. The group issued its full-year numbers yesterday, saying that profits fell by 15%, which beat most analysts' expectations and led to a 3% rise in the share price. It is certainly one of the mo
Read moreLondon close: Heavy losses for Footsie
2nd Jul 2009 16:37
Footsie closed the day nursing triple-digit losses as investors took fright following poor US monthly jobs figures. WPP was the day's worst performer as Citigroup downgraded the UK advertising firm to sell from hold, saying a continuation of the trends in the second quarter would suggest a 7.5% org
Read moreLondon afternoon: Slide accelerates after US open
2nd Jul 2009 15:00
Investors are bailing out of equities in the US ahead of the long holiday week-end in the States, prompting the decline in UK equities to pick up pace. Rio Tinto is the day's worst performer despite a strong response to its $15.2bn rights issue. Shareholders have taken up 96.97% of the shares offer
Read moreLondon midday: Struggle for blue chips
2nd Jul 2009 12:11
London's top stocks are struggling to make headway with the index heading back down as buyers sit on the sidelines. London Stock Exchange is the biggest faller after it announced a new pricing scheme yesterday. The stock market operator says the new tariff would have resulted in £3m worth of tradin
Read moreLondon open: Footsie starts down
2nd Jul 2009 08:18
London's top stocks have dropped in early dealings Thursday after Wall Street steadily declined from morning highs on Wednesday. Rio Tinto shareholders have taken up 96.97% of the shares offered to them as part of the miner's $15.2bn fully underwritten rights issue. The group said on Thursday it r
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