London 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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