Laura Ashley Deputy Chairman sells 400,000 shares
20th Apr 2012 11:59
David Masters, Deputy Chairman of Laura Ashley, the fashion and homeware retailer, has sold off a chunk of shares at an average price of 23.5p each. Masters, who now holds one million shares, sold 406,250 for a total of £95,469. The sale was made on April 18th, just over a fortnight since the co
Read moreRM boss shows his faith with one million shares
9th Feb 2012 13:40
Martyn Ratcliffe, Executive Chairman of educational software supplier RM, has bumped up his stake in the firm with the purchase of one million shares. Ratcliffe bought the shares, which cost him 75.00p each for a total of £750,000, just three days after the company reported falling revenue and pro
Read moreSmall caps round-up: Richland, Interior Services, Oracle Coal..
6th Feb 2012 10:18
Richland Resources, the gemstone producer and developer, has upgraded the resource estimate for its tanzanite mining operation in Tanzania. The site has a Joint Ore Reserves Committee (JORC) indicated resource of 30.6m carats, JORC inferred resource of 74.4m carats, and a total inferred and indicate
Read moreRM completes multiple sales
4th Jan 2012 14:31
RM has completed the sale of the business of Dacta and the minority shareholding in the LEGO Education Europe joint venture. Prior to the joint venture, Dacta distributed LEGO products and a number of other brands including Tolo, which Dacta continued to distribute after the establishment of LEGO
Read moreLondon close: Miners drag down Footsie
29th Sep 2011 17:07
London was out of step with global stock markets, as it ended the day in the red, despite a bill to expand the European Financial Stability Fund (EFSF) sailing through the Bundestag with ease today. There were just 85 votes against the idea of expanding the Eurozone's bailout fund, while 523 membe
Read moreLondon midday: No rally for FTSE 100 despite Bundestag vote
29th Sep 2011 12:16
London has failed to join European bourses higher following the passing through the German Bundestag of plans to expand the European Financial Stability Fund (EFSF). There were just 85 votes against the idea of expanding the Eurozone's bailout fund, while 523 members of Germany's parliament voted
Read moreRM slumps after profit warning
29th Sep 2011 09:10
Educational software supplier RM has warned that full year results will fall short of expectations after the usually strong seasonal uplift in the second half failed to materialise. RM said that in previous years, about 60% of revenues were generated in the second half of the year. "However, whils
Read moreLondon midday: Banks in front as rally continues
22nd Jul 2011 12:21
Stocks are going strong after this morning's gains, with banks prominent among the risers, continuing their advance following the eurozone deal yesterday. Barclays, RBS and Lloyds are posting good gains. However, today's standout stock is easyJet, with the budget airline up 15% after saying it exp
Read moreLondon open: Banks keep rising, easyJet takes off
22nd Jul 2011 08:28
Stocks have continued rising following yesterday's Eurozone agreement, with banks unsurprisingly in the vanguard of the advance. Barclays, RBS and Lloyds are the top three risers in the FTSE 100. However, today's standout stock is easyJet, with the budget airline up 15% after saying it expects ful
Read moreRM to fall short of expectations
22nd Jul 2011 08:00
Education IT services provider RM had a tough time between 1 April and 21 July and thinks its performance may have been below expectations. The company, which has previously detailed the impact of education spending cuts in the UK and the US, said markets remain difficult. "Due to the seasonality
Read moreLondon close: Flat finish after late fightback
16th May 2011 16:33
Shares staged a fightback ahead of the close, ending the day flat. Company updates gave traders plenty to ponder, but it was electrical retailers Dixons and Kesa that were the centre of attention. Rumours that Kesa may sell its UK operation Comet, which has been struggling lately, have been doing t
Read moreLondon midday: FTSE 100 drifts lower
16th May 2011 12:00
Stocks have drifted lower following their poor start. The European debt crisis talks overshadowed by the arrest of IMF chief Dominique Strass-Kahn. European finance ministers look likely to give the go-ahead for a Portuguese bailout today in a meeting overshadowed by the arrest of the head of the I
Read moreLondon open: Mixed reception for company updates
16th May 2011 08:25
Stocks are suffering more losses in early dealings, with company updates failing to impress the market. Oilfield services group Wood Group slips after saying it is to return £1.05bn to shareholders by way of a tender offer to repurchase up to 32.1% of the issued ordinary share capital of the group.
Read moreMarkets remain challenging at RM
16th May 2011 07:32
Education IT services provider RM swung to a pre-tax loss and said UK and US markets remain challenging amid ongoing spending cuts. Budget cuts in the UK and US has hurt demand for its services while trading conditions continue to be very challenging, RM explained. For the six months ended 31 Marc
Read moreTechMARK movers: Debt reduced at KCOM
31st Mar 2011 13:21
KCOM is higher after it said that trading is in line with expectations but net debt will be lower than forecast. The telecoms firm has experienced growth in multi-year contracts. Net debt will be below £85m at the end of March 2011. Educational IT supplier RM says that its interim revenues will
Read more