Sunday tips round-up: Redhall, Portmeirion...
19th Dec 2010 11:38
Support services specialist Redhall focuses on three areas - defence, energy and food processing. In defence, it is a key player in the Astute submarine project, the Royal Navy's ultrasophisticated new fleet. Redhall is a solid, well-run company and it is poised to grow as the economy becomes stron
Read moreThursday tips round-up: Pearson, SuperGroup, Morgan Sindall
16th Dec 2010 06:31
Pearson still derives 75% of its revenue from print, whether that is school books, copies of the Financial Times or hit titles such as Superfreakonomics. It would be natural to assume that the publisher is in danger of coming unstuck during the undoubtedly bumpy transition to digital from paper.With
Read morePortmeirion profits surge as sales hit record
15th Dec 2010 08:07
Portmeirion shares shot forward as the ceramics group indicated profit before exceptional items and taxation this year will be 'significantly ahead of market expectations'. After the 24% interim leap, revenues since June have continued significantly up on last year, the group added. Key export m
Read moreLondon close: Financials lead the way
9th Aug 2010 17:05
Leading equities trod water for the afternoon session consolidating strong gains made in the morning. Hopes that the US Federal Reserve will introduce new economic stimulus measures this week played well with the financial sector, with the likes of fund managers Schroders and St. James's Place and
Read moreLondon afternoon: Gains consolidated
9th Aug 2010 14:18
Footsie hit its peak at around 10:00am and has been moving sideways ever since on a relatively quiet day for corporate news. In a buoyant insurance sector Prudential is firmer prior to Thursday's results while Aviva is lifted by Panmure Gordon raising its price target from 496p to 535p. Reboundi
Read moreLondon midday: Blue chips power ahead
9th Aug 2010 12:11
Footsie is powering forward on the back of strong performances from financials and miners. Lonmin and Kazakhmys are the best performing miners, while among financials the stand-out stocks are spread around the insurance (Legal & General, Prudential), banking (Barclays), fund management (Schroders )
Read morePortmeirion pre-tax profit surges
9th Aug 2010 07:17
Stoke-on-Trent based ceramics maker Portmeirion almost doubled profit during the first half of the year and said it remains confident despite an expected tough climate in the second half. Profit before tax increased to £1m for the six months to 30 June 2010 from £532,000 the same time a year earlie
Read morePortmeirion hails transformational acquisition
23rd Mar 2010 15:45
Cash rich pottery firm Portmeirion said its April 2009 acquisition of the Royal Worcester and Spode brands had transformed the company, with the acquisition boosting revenue more than expected. Sales rose to £43.2m in 2009 from £31.8m in 2008, with an £8.5m contribution from the newly acquired bran
Read moreLondon close: Footsie follows US lower
15th Jan 2010 16:39
Footsie finished the week on a low as a poor performance in the US dragged the leading share index down in afternoon trading. US shares fell after consumer confidence rose less than expected in January. Here, Man Group was the heaviest faller after the hedge fund manager suffered a 4% drop in fund
Read moreLondon afternoon: Flat Footsie
15th Jan 2010 14:27
The blue-chip index is treading water, though there has been some keen interest in the day's big results announcements. Man Group is sharply lower after the hedge fund manager suffered a 4% drop in funds under management during the third quarter, mainly due to the $1.2bn pulled out of its flagship
Read morePortmeirion profit to beat forecasts
15th Jan 2010 11:40
Shares in Portmeirion are on the rise after the ceramics maker said pre-tax profits for the year ended 31 December will be above expectations. The group said it has seen 'substantial' revenue growth to around £43m from £32m in 2008. Having previously indicated that the acquisition of Spode and
Read moreInitial share buy by Stobart non-exec
26th Oct 2009 16:33
Daniel Dayan, who was appointed a non-executive director of Stobart Group in July, has bought 40,000 shares following the release of the transport group's interim figures last week. Dayan held no shares before this purchase. Stobart reported an increase in pre-tax profits from £11m to £12.4m in th
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