21st Mar 2010 11:04
SDL is a real success story. Founded in 1992 by engineer turned entrepreneur Mark Lancaster, the group floated seven years later and is now a FTSE 250 business. In 2009, underlying profits before tax rose 17 per cent to £29m and the group acquired Shell, Ford and LG as clients. Brokers expect SDL
Read more2nd Mar 2010 06:44
In common with its sector, underwriter Amlin will struggle to replicate 2009's strong investment returns. With about half its portfolio sitting in short-dated government bonds or cash, the best hope lies with the company's ability to take advantage of any rise in interest rates. At 404½p, the shar
Read more18th Jan 2010 16:33
Footsie finished the day in the blue despite a sharp reversal in the fortunes of International Power, which earlier had soared on speculation of a takeover by French power giant GDF Suez. Shares in the energy company slid from their earlier highs after it admitted it held talks with GDF Suez about
Read more18th Jan 2010 14:49
Ongoing bid speculation, stronger retailers and buoyant miners have pushed London above 5,500. International Power is top of the pile on press reports that French power giant GDF Suez has made a takeover approach to the group, but there has been no statement from either side over the truth of the s
Read more18th Jan 2010 12:20
London's leading share index has enjoyed a good morning on hopes of a bid for International Power and a higher offer for Cadbury. IP is up nearly 5% after press reports that French power giant GDF Suez has made a takeover approach to the group, but there has been no statement from either side over
Read more18th Jan 2010 08:19
London's blue chips have made a good start to the new week, with International Power leading the way on takeover rumours. International Power is up more than 5% after press reports that French power giant GDF Suez has made a takeover approach to the group. Cadbury is also among this morning's rise
Read more18th Jan 2010 07:52
Data management specialist SDL said it expects revenues and profits for the year ended 31 December 2009 to be ahead of analyst expectations. Revenue is expected to be in the range of £171m to £172m compared with analyst expectations of around £167.1m. Profits before taxation and amortisation of
Read more14th Oct 2009 06:45
Scholl to Durex group SSL is well run and M&A activity will drive the shares. The stock is pricey, though, trading on a forward price-earnings ratio of 15 times and offering a dividend yield of just 1.6%. Wait for some softening before buying suggests the Independent. Hold. SSL's valuation is quite
Read more13th Oct 2009 08:04
Construction and property consultancy firm Cyril Sweett said overall trading for the half year is expected to be in line with expectations but added that there will be a number of one-off costs. Logistics software specialist Kewill expects to report results for the six months ended 30 September in
Read more6th Aug 2009 16:22
Philip Burks, one of the founders of Big Yellow, is taking advantage of a recent healthy spike in the share price to trim his stake further. Burks, who was property director at Big Yellow until 2007, sold 250,000 shares at 359p per share, raising £898,000. It is Burks' fourth sale this year and he
Read more4th Aug 2009 12:37
GKN is to axe a further 1,200 jobs, but the engineer is higher despite a slump in automotive-related business, as losses were smaller than expected. Some 2,500 people left GKN in the first half, but 'as markets have weakened, restructuring has been extended and accelerated,' it said. '3,600 employ
Read more4th Aug 2009 08:21
Data management specialist SDL boosted half-year profit by 29%, in line with expectations thanks to favourable currencies and positive organic growth in both technology and translation services. Profit before tax for the six months ended 30 June 2009 rose to £11.8m from £9.1m a year earlier, on rev
Read more9th Jul 2009 08:17
Big profits and a maiden dividend have sent entertainment products distributor MBL charging higher Thursday. The supplier of CDs, DVDS and games reported a 42% hike in pre-tax profit for the year ended 31 March 2009 to £8.1m on revenue up 77.5% to £143.6m. Its major competitor, Entertainment UK, t
Read more29th Jun 2009 11:47
Drug developer Alizyme lost more than half of its value after it said it is likely to cut a 'significant' number of jobs and may even face going bust if it fails to secure sufficient funding. The group said it does not now expect to have sufficient funding to last beyond the end of August and will
Read more29th Jun 2009 07:43
SDL International, the global information management solutions provider, has completed the acquisition of XyEnterprise, a content management product developer based in the USA. SDL has paid $14.7m (£8.9m) to private equity group JNNV for XyEnterprise. The funds will be drawn from SDL’s existing res
Read more