Profits rise at St. Ives
4th Oct 2011 13:59
Profits before tax were up 28% at print and marketing services group St. Ives for the year to the end of July. Figures were boosted by a 2% rise in revenue for the period, up from £291.5m to £297.2m, leading to pre-tax profits of £16.9m, eqivalent to 13.22p earnings per share (2010: £13.2m, 10.87p
Read moreThursday tips round-up: Imperial Tobacco, M&C Saatchi, St Ives
22nd Sep 2011 06:26
Shares in Imperial Tobacco have lost almost 10% of their value since mid-May, mainly because of fears of a price war in Spain. The good news yesterday was that the war ? Imperial prefers the word "skirmish" ? is over. The shares, up 10p to £20.12½, are yielding 4.7 per cent for the current year, whi
Read moreSt Ives on course for FY
4th Aug 2011 08:02
Print and marketing services group St Ives is confident of achieving market expectations for the full year as it bolsters its digital and marketing services. "We have further strengthened our financial position and we have continued to reposition the business and reduce our exposure to commoditised
Read moreTuesday tips round-up: Aggreko, Bovis, Consort Medical...
15th Mar 2011 06:55
Aggreko, the temporary power provider, saw its shares climb 5.5% amid expectations that it will be called in to help supply electricity to Japan's embattled population following the devastating earthquake and tsunami. The company said it stood ready to equip the country with self-contained gas and
Read moreLondon close: Japanese concerns knock Footsie
14th Mar 2011 16:47
London closed near to its low for the day as a decline on Wall Street dragged the market lower later in the day and there were concerns about the possible effects of the Japanese earthquake on financial markets and global economies. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick o
Read moreSt. Ives offloads magazine business
14th Mar 2011 13:34
Printing group St. Ives is to sell its loss making magazine business to private equity group Walstead Investments for £20m. The magazine business prints titles such as Time Out and the Economist and employs 670 people. It made a pre-tax loss of £5.1m in the year to July 31. Shares in St. Ives jum
Read moreM&S's Rose sells shares ahead of departure
10th Nov 2010 15:35
Marks & Spencer's outgoing chairman Sir Stuart Rose has begun selling his stake in the food and clothes retailer. Sir Stuart, who is to be replaced by former banker Robert Swannell in January, pockets more than £410,000 from the sale of 100,000 shares at 410.7p a time. He still has more than 1.43
Read moreWednesday tips round-up: BP, TUI Travel, Ferrexpo...
6th Oct 2010 06:45
Last week, Bob Dudley, BP's new chief executive, hinted that the company's dividend may be restarted this year. BP suspended its dividend in June for the first time in 18 years as the fallout from the Macondo oil well accelerated. If the dividend is reinstated at the lower level expected by the ma
Read moreLondon close: Five month high for FTSE 100
5th Oct 2010 16:37
An uncertain start to the day was a distant memory by trading's close as shares surged following a strong start in the US, helping Footsie hit its highest levels in five months. US stocks were boosted by better than expected growth in service companies in the world's biggest economy in September. T
Read moreLondon afternoon: Sunny side up for London
5th Oct 2010 14:10
Winners outnumber losers by about three to one among FTSE 100 constituents as London participates in the advance of global stock markets following the Bank of Japan's decision to cut its benchmark interest rate. Sentiment has also been given a boost by reports of growth in activity in the services
Read moreLondon midday: Kazakhmys chairman sells 11%
5th Oct 2010 12:10
Footsie clung on to modest gains throughout the morning session but trading volumes have been light, with investors keeping their powder dry ahead of Thursday's announcement from the Bank of England about quantitative easing. Sentiment was given a boost by reports of growth in activity in the servi
Read moreSt Ives doubles profit, slashes debt
5th Oct 2010 08:36
Print and marketing services group St Ives said underlying full year profit doubled as it slashed debt. Underlying profit before tax bounced to £14.4m for the 52 weeks ended 30 July 2010 from £7.3m the year before. Revenue for the period declined to £362.3m from £386.8m previously. Net debt was cut
Read moreSt. Ives 4Q Trading In Line With Views, Sees FY In Line
29th Jul 2010 07:41
LONDON (Dow Jones)--St Ives PLC (SIV.LN), a provider of printed products and solutions to the publishing, retail and commercial markets, said Thursday that trading in the final quarter has been in line with management expectations and market conditions are unchanged from those described in the June
Read moreLondon close: Late rally limits losses
9th Mar 2010 16:36
A strong early performance from US shares helped Footsie recover from earlier weakness to close only slightly lower on a U-shaped day for the leading share index. Sentiment had earlier been dented by weak economic news. Data from the Office for National Statistics showed the UK's deficit on trade i
Read moreLondon afternoon: Footsie meanders in the red
9th Mar 2010 14:18
Disappointing UK trade figures knocked Footsie early with little help likely from the US as futures point to a weak start on Wall Street. Data from the Office for National Statistics showed the UK's deficit on trade in goods widened to £7.99bn from £7.01bn the previous month, about £1bn more than
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