London close: Weak finish as banks retreat
18th Mar 2010 16:35
London closed in the red after a mixed opening on Wall Street as banks and miners ran into profit taking. Among the big caps, GlaxoSmithKline was the best performer, after rival drug group, Switzerland's Novartis, had to hand back US rights of a drug widely considered a generic copy of Glaxo's top
Read moreLondon afternoon: Back to square one
18th Mar 2010 15:19
A mixed opening on Wall Street has provided no guidance for a similarly rudderless London market. Among the big caps, GlaxoSmithKline is the best performer, after rival drug group, Switzerland's Novartis, had to hand back US rights of a drug widely considered a generic copy of Glaxo's top selling
Read morePrime People's cost cutting pays dividends
18th Mar 2010 08:47
Commercial property recruitment specialist Prime People is feeling a lot better about its prospects now it has rationalised its cost base. The company, which made a loss at the interim stage, expects to announce a profit when it announces its results for the year as a whole in early June. Reflecti
Read moreSmall caps round-up: Unite, Styles & Woods, Renewable Energy Generation...
19th Nov 2009 15:30
Student accommodation developer Unite Group says that like-for-like rental growth is 9.7% for the 2009-10 academic year. Reservations of 96.5% have been achieved even though 2,800 beds were added for the latest academic year. Unite is negotiating to acquire sites in London that will provide up to
Read morePrime People profit slumps 70%, scraps divi
8th Jun 2009 08:23
Property recruitment firm Prime People said profit for the year slumped 70% as challenging conditions continue. Profit before tax fell to £0.73m for the year ended 31 March 2009 from £2.43m the year earlier. Gross fee income for the period fell 14.9% to £20.67m. Managing Director Peter Moore said
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