London close: Weak end to dull day
14th Oct 2010 16:35
Leading shares closed lower on a poor day for the banks and a tumble for African Barrick. Fears that Standard Chartered's rights issue yesterday could be the start of a flood of cash calls unsettled Lloyds, Royal Bank of Scotland and Barclays. Metal prices are back on the rise as the dollar heads
Read moreLondon afternoon: Footsie bottoms out
14th Oct 2010 14:17
Leading shares trod water over the lunchtime session, leaving Footsie still stranded in the red. Banks remain in the doldrums. Fears that Standard Chartered's rights issue yesterday could be the start of a flood of cash calls has unsettled Lloyds, Royal Bank of Scotland and Barclays. Metal prices
Read moreSector movers: Pub stocks out of sorts
14th Oct 2010 14:05
Travel & Leisure is lower today with pub stocks suffering. Pub chain JD Wetherspoon is lower after saying it is losing its finance director and chief operating officer "in due course" after just a couple of years on the board. Punch Taverns' bad spell continues after it said on Tuesday that it pla
Read moreSmall cap round-up: Nighthawk, Renold, Scapa...
14th Oct 2010 11:51
US-focused oil and gas group Nighthawk has secured a £25m equity finance facility "to continue the development of the company's asset base." Chain-maker Renold has continued to see strong sales. "The strengthening order book gives good confidence for the third quarter," it said. "While visibil
Read moreScapa 1Q Sales Up 10%, Cautiously Optimistic For The Year
28th Jul 2010 09:04
LONDON (Dow Jones)--Scapa Group PLC (SCPA.LN), sales for the first quarter were up 10% compared with a year earlier, and said it has seen strong performances across market segments, particularly in Industrial and Medical, but remain cautiously optimistic for the year given the global economic uncert
Read moreWellstream boss cuts stake
10th Jun 2010 16:49
Gordon Chapman, chief executive of oil services firm Wellstream, has raised £753,000 from the sale of a total of 150,000 shares. The shares were sold at 518p, 496p and 500p - the majority were sold at the latter price. This is well above the April 2007 flotation price of 320p a share but well belo
Read moreScapa on track for FY
13th Apr 2010 08:00
Technical adhesive tapes firm Scapa said trading conditions since its first half results have improved in line with management expectations and expects full year results to be within market forecasts. Revenues in Europe have recovered well whereas North America has remained a tougher market, the gr
Read moreSmall caps round-up: White Young Green, Beowulf, Angel Biotech...
19th Nov 2009 11:01
Engineering consultant White Young Green has traded in line with expectations since the end of June, with conditions varying across its markets. "There remains a lack of confidence and liquidity in many areas in which we trade, but there are also some encouraging signs in respect of opportunities
Read moreSmall caps round-up: Borders & Southern, AT Communications, Scapa ...
28th May 2009 09:02
Falklands Islands-focused oil group Borders and Southern said it is ready to seek partners for its licenses after defining a multi-billion barrel prospect inventory in the South Falkland Basin. The group posted a pre-tax loss of £4.7m in 2008, compared with £336,000. While noting that the price of
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