FTSE 250 movers: Restaurant Group in demand
4th Jan 2010 11:34
A positive note from UBS has whetted investor appetite for shares in Restaurant Group. Following a tough Christmas in the depths of the downturn in 2008, UBS thinks that the owner of the Frankie & Bennie's and Chiquito chains, will have seen better trading over the latest festive period and has upp
Read moreBroker snap: Tuck into Restaurant Group, UBS says
4th Jan 2010 10:39
Following a tough Christmas in the depths of the downturn in 2008, UBS thinks that Restaurant Group, the owner of the Frankie & Bennie's and Chiquito chains, will have seen better trading over the latest festive period and has upped its rating on the company accordingly. It now has a 'buy' stance o
Read moreFTSE 250 movers: Domino's Pizza delivers gains
23rd Dec 2009 08:40
Domino's Pizza, which said today that it will continue with its share repurchase scheme during its close period. In retail, sports chain Sports Direct is among the risers, but carpet retailer Carpetright falls back. Dairy group Robert Wiseman is the heaviest faller, with newspaper publisher Trini
Read moreFTSE 250 movers: ITV up as Norman appointment brightens picture
18th Nov 2009 13:14
Shares in ITV are higher after the troubled broadcaster confirmed the appointment of former Tory MP Archie Norman as its new non-executive Chairman. He will take up the role in January 2010, when current executive chairman Michael Grade, will stand down and John Cresswell will become interim chief
Read moreRestaurant on track, conditions to remain tough
18th Nov 2009 07:44
The Restaurant Group, the company behind the Frankie & Bennie's and Chiquito chains, is confident of meeting its expectations for the full year but warned that conditions will remain tough. The group said it has continued to trade in line with expectations during the first 46 weeks of 2009, with li
Read moreThursday tips round-up: GlaxoSmithKline, Prudential, BG
29th Oct 2009 06:02
Andrew Witty, the chief executive of GlaxoSmithKline, said in July that he did not know whether the drugs giant expected to make a lot of money from swine flu. The company's third-quarter results and outlook have banished any doubt that it has. Yet looking beyond the pandemic, Glaxo is making prog
Read moreLondon close: Comfortable gains posted
28th Aug 2009 16:40
London's benchmark index finished the day with decent gains, though off earlier highs, with banks and miners proving the catalyst. Lloyds was the major riser on rumours that it is considering alternatives to the government's toxic asset protection scheme (APS), which could include the sale of Scot
Read moreLondon afternoon: Shares aim higher
28th Aug 2009 14:27
London's blue chips have added to gains in afternoon trading ahead of what is expected to be a rosy start on Wall Street. US stocks are seen posting good gains after Intel hiked its third-quarter revenue outlook just before the open. Kazakhmys, Xstrata, Rio Tinto, Antofagasta, Randgold Resources,
Read moreLondon midday: Miners keep Footsie ahead
28th Aug 2009 11:33
Miners and financials are giving the markets a cheer before the extended weekend break. Kazakhmys, Xstrata, Rio Tinto, Antofagasta, Randgold Resources, Anglo American and Vedanta Resources are all amongst the major risers. Lloyds is amongst the risers on rumours that it is considering alternative
Read moreFTSE 250 movers: Restaurant Group leads risers
28th Aug 2009 11:05
Restaurant Group is leading the FTSE 250 risers as cost control measures and a refusal to slash prices helped the company behind the Frankie & Bennie's and Chiquito chains to post a rise in profits for the first half of the year despite falling sales at its restaurants. Pre-tax profits climbed to
Read moreBroker tips: Restaurant Group, Heritage Oil, PartyGaming
28th Aug 2009 10:50
A strong set of first half results from Frankie & Benny's and Chiquito owner Restaurant Group prompted Altium Securities to lift its target price on the restaurant chain operator to 240p from 200p. Pre-tax profits climbed to £21.7m from £21.1m over the same period the previous year. Revenues climbe
Read moreRestaurant Group coping in downturn
28th Aug 2009 08:04
Cost control measures and a refusal to slash prices helped Restaurant Group, the company behind the Frankie & Bennie's and Chiquito chains, to post a rise in profits for the first half of the year despite falling sales at its restaurants. Pre-tax profits climbed to £21.7m from £21.1m over the same
Read moreFriday preview: PartyGaming, Restaurant Group, Robert Walters
27th Aug 2009 17:06
Hot on the heels of sector peer 888 Holdings, online gaming giant PartyGaming releases interim results on Friday. Broker KBC Peel Hunt is tipping net gaming revenues will decline by around one-fifth to $200m from $254m in the first half of last year, predominantly due to the strength of the dollar
Read moreMore changes at the top for Redrow
20th Aug 2009 08:25
There are more changes to the board of housebuilder Redrow with the appointment of a non-executive deputy chairman and two other non-executive directors. Alan Jackson has been appointed as non-executive deputy chairman. Jackson is a director of several non-public companies and holds the position of
Read moreReed's Prozes in the money
27th May 2009 17:09
Reed Elsevier director and boss of the firm's LexisNexis business, Andrew Prozes, has pocketed over £400,000 from share sales. Prozes sold 10,600 Reed Elsevier American Depository Receipts (ADRs), equal to 42,400 ordinary shares, at $32.33 each. He also offloaded 14,600 Reed Elsevier NV ADRs, equi
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