RPS on track for full year earnings
3rd Nov 2011 15:24
Environment and property consultancy RPS said a good performance in the third quarter should enable it to meet market expectations for the current year. The firm added it remained on track to deliver an improved performance in the second half. Spirent said its strategy remained to diversify the g
Read moreCroda boss Flower's stake grows
28th Jul 2011 17:36
Croda's chief executive Martin Flower spent more than £56,000 on shares in the speciality chemicals company - only to see the value of the shares fall on the back of its interim results. He took 3,000 shares at 1,892.2p a time and now has nearly 26,000. Shares in the company, which supplies chemica
Read moreRPS Group's dividend hike fails to inspire
28th Jul 2011 11:52
Environmental services group RPS Group's half yearly pre-tax profit fell marginally, partly hurt by severe weather conditions in Australia and the political turmoil in the Middle East and North Africa, sending its shares lower. The company's move to raise interim dividend by 15% also failed to insp
Read moreLondon close: Lower finish for FTSE 100
9th May 2011 16:44
The top share index closed in the red despite a bright start to the day, continuing the volatile performance seen last week. Energy supplier Centrica is a struggler after saying it expects profits growth in 2011 to be more subdued than previously anticipated due to the new tax regime on UK oil pro
Read moreLondon midday: FTSE 100 lower on volatile day
9th May 2011 12:07
The FTSE 100 is in the red after giving up an early recovery on what is turning out to be another choppy day for the top share index. Energy supplier Centrica is a struggler after saying it expects profits growth in 2011 to be more subdued than previously anticipated due to the new tax regime on UK
Read moreBroker tips: Admiral, Cobham, RPS
9th May 2011 11:51
After a strong first quarter statement, Admiral has seen its target price raised by Credit Suisse to reflect upside revisions to the broker's near-term earnings forecasts. "Few details were released in the interim management statement on Friday. However, the delta between revenue and vehicle count
Read moreBroker snap: RPS undervalued, target price raised
9th May 2011 11:48
With over half of RPS's 2011 profits derived from its Energy division - amidst a high oil price - RBS has raised its target price for the environmental consultant from 235p to 250p, as it continues to view the group as "an undervalued energy services sector play." RPS had a positive first quarter,
Read moreLondon open: Stocks give up gains
9th May 2011 08:28
Stocks have fallen back after Friday's surge, with company updates sending shares in both directions. Energy supplier Centrica is an early struggler after saying it expects profits growth in 2011 to be more subdued than previously anticipated due to the new tax regime on UK oil production. The incr
Read moreFTSE 250 movers: easyJet gains altitude
6th May 2011 14:57
Budget airline easyJet is flying higher after better-than-expected passenger figures for April. The airline carried 4.72m passengers in April, up 35.1% from the 3.49m passengers in April 2010. Hotels group Millennium & Copthorne posted higher revenues and profits in the three months to 31 March, bu
Read moreRPS still confident despite Australia floods
6th May 2011 13:12
Flooding and cyclones in Australia hurt RPS's trading in the first quarter of 2011, but the environmental services group remains upbeat. Profits in the first half are likely to be similar to those in 2010, as a result of the Australian disruption RPS said, adding that growth in the second half sho
Read moreThursday tips round-up: Carillion, Admiral, Serco
3rd Mar 2011 06:30
Construction and engineering group Carillion's annual results came in above expectations, with underlying pre-tax profits up by 7% to £122m, operating margins boosted to 4.2% and plans to hike the full-year dividend by 6% to 39.4p. Davina Mendelsohn, at Deutsche Bank, rates Carillion one of the chea
Read moreRPS confident after tough year
2nd Mar 2011 07:59
Public sector spending cutbacks in the UK and Ireland hit profits at environmental consultant RPS Group, but Australia was a bright spot. Adjusted profit before tax for 2010 was in line with market expectations at £48.0m, down from £52.5m in 2009. Though operating profit from planning and developm
Read moreRPS gets deeper into oceanography
18th Feb 2011 07:21
Environmental consultancy business RPS has bought US-based oceanographic consulting firm Evans-Hamilton Incorporated (EHI). RPS is paying a maximum of $8.67m for the US firm, with $4.67m being paid up front. EHI provides oceanographic consulting and marine environment measurement services, as well
Read moreFriday tips round-up: Unilever, Compass, GlaxoSmithKline...
4th Feb 2011 06:48
Views on consumer giant Unilever vary. The bulls say that the company's strong brands offer an ideal way into emerging markets. The bears yesterday were worrying about margins. The markets that Unilever occupies are fiercely competitive, and the cost of the commodities it needs are rocketing. As o
Read moreFTSE 250 movers: FCAM wanted after ousting chairman
3rd Feb 2011 15:39
F&C Asset Management continues to rise after a boardroom shake-up. AIM-quoted activist investment company Sherborne Investors, which owns 18% in F&C, removed two members of the board and had three of its nominees appointed. Around 82% of the shares in issue were voted at the EGM. F&C chairman Nick
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