London open: Stocks flat on euro uncertainty
12th Jun 2012 08:40
- Markets still digesting Spanish request for aid - Investors look ahead to Greek elections, Italian bond auction - Miners and banks drop early on London's blue-chip index opened flat on Tuesday morning with all eyes on the Eurozone following the recent Spanish request for aid and ahead of the cruc
Read moreRPC Group hikes divi but warns of tough environment
12th Jun 2012 07:34
Plastic packaging firm RPC Group hiked its dividend after the successful acquisition of food packaging firm Superfos helped drive up profits. Revenue increased by £311m to £1.13bn in the year to the end of March. Pre-tax profits rose to £59.6m, compared to £34.6m the year before, with earning per
Read moreSector movers: Industrials lifted by Cookson
17th May 2012 15:50
Materials science company Cookson was making gains on Thursday afternoon despite some controversy at its annual general meeting (AGM) today, lifting the general industrials sector to the top of the pile. Almost 32%, or 70.5m, of the 220.8m votes cast at the AGM were against the motion to approve th
Read moreSunday tips round-up: Intl Power, CSC, CWC ...
8th Apr 2012 15:40
Directors at the UK energy company International Power last week rejected a bid of 390p a share from GDF Suez, its majority investor. Danny Fortson in the Sunday Times reckons few put much credence in GDF Suez's threat to abandon the idea of taking full control. The smart money is betting a modest b
Read moreRPC's margins under pressure
29th Mar 2012 08:22
RPC, a supplier of rigid plastic packaging, has said that revenue for the fourth quarter is expected to be well ahead of last year due to the inclusion of the Superfos business and higher like-for-like revenues. However, margins have been affected as a result of polymer index prices rising around
Read moreSunday share tips: Chime, 3i Infrastructure, Secure Trust
29th Jan 2012 11:59
"Another share that has caught my eye is Chime Communications, a media agency with interests in public relations, advertising and sports marketing. Whereas the company´s profits have grown steadily for several years, the share price is similar to where it stood in October 2009. This puts the shares
Read moreRPC revenues 'significantly' ahead of last year
27th Jan 2012 07:48
Plastic packaging firm RPC has revealed that revenues in the quarter ended December 31st were significantly ahead of the same period the previous year. The increase is the result of the inclusion of the Superfos business and increasing like-for-like revenues. Overall like-for-like sales volumes w
Read moreThursday tips round-up: Shaftesbury, Cineworld, Christmas shares
1st Dec 2011 07:06
The Tempus column in The Times ponders which stocks would fit into a share portfolio consisting of stocks exposed to London and the South East only, and suggests that one would be Shaftesbury, the property company whose assets consist almost entirely of shops, restaurants and bars in the West End. I
Read moreProfits up at RPC but coffee cups down
30th Nov 2011 08:58
Plastic packaging firm RPC saw profits boosted in the first half by increased sales and a successful acquisition. Sales of £586.7m in the first half were 11% higher than the same period last year on a like-for-like basis. The numbers were boosted by the inclusion of six months of Superfos trading
Read moreWednesday preview: Sage, Marston's, RPC
29th Nov 2011 15:48
Accountancy software giant Sage is set to release full-year results against a backdrop of a law-suit against it, brought by Archer Capital, which is suing for damages following the termination of discussions between Sage and Archer relating to the potential purchase of Sage's Australian competitor M
Read moreSunday newspaper tips round-up: IMI, RPC Group, eServGlobal
9th Oct 2011 17:10
A little over a month after going to a 'buy' stance on engineering group IMI the Questor team at The Sunday Telegraph finds it surprising that the company´s shares have continued to slide. That when the shares are now trading on a single-digit earnings multiple which it considers too low for a growt
Read moreLondon close: Weak finish to volatile week
30th Sep 2011 16:54
Stocks were on the back foot heading into the weekend amid continuing worries over global growth. Data showing consumer confidence has risen for the first time in four months failed to lighten the mood. The index of sentiment remained firmly negative in September at -30, up a point from the previo
Read moreFTSE 250 Movers: RPC leading the way
30th Sep 2011 13:23
Plastics supplier RPC rose after announcing that it expects its adjusted pre-tax profits for the first half to be ahead of expectations. The prediction came after the company said it is benefitting from synergies from the integration of its plastics and cardboard packaging business Superfos, as wel
Read moreLondon midday: Stocks under pressure amid global worries
30th Sep 2011 12:19
Stocks have drifted further into the red following a weak start to the day amid worries over global economic growth. Data showing consumer confidence has risen for the first time in four months has failed to lighten the mood. The index of sentiment remained firmly negative in September at -30, up
Read moreLondon open: AstraZeneca the sole FTSE 100 riser
30th Sep 2011 08:26
Stocks have continued their downward turn amid ongoing uncertainty over the Eurozone situation. Data showing consumer confidence has risen for the first time in four months has failed to lighten the mood. The index of sentiment remained firmly negative in September at -30, up a point from the pre
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