New Tate boss buys
28th Jan 2010 16:39
Javed Ahmed, the new chief executive of sweeteners supplier Tate & Lyle, has bought 100,000 shares after the announcement of the company's interim management statement. Ahmed paid 390p each for the shares - a total investment of £390,000. Ahmed's appointment as chief executive was announced last
Read moreOlliff reduces City of London stake
27th Jan 2010 16:07
Barry Olliff, chief executive and founder of City of London Investment Group (CLIG), has sold 100,000 shares at 310p each. Oliff still owns 19.7% of CLIG, which makes him the largest shareholder in the investment management company. Last October, Olliff announced that he planned to sell 500,000
Read moreFamily purchase at BATS
16th Dec 2009 16:09
Dr Gerald Murphy's family interests have acquired 3,000 shares in British American Tobacco. Dr Murphy joined the board of British American Tobacco as a non-executive director on the 13 March. This is the first time he and his family interests have acquired any shares in the tobacco company since he
Read moreLondon close: Rate rise fears fuel late slide
4th Dec 2009 17:17
Euphoria over the better than expected US jobless figures proved short-lived as week-end profit taking took hold and miners headed underground. Metal prices weakened in the afternoon session, taking mining stocks with them, as some pundits suggested that with the better than expected jobless figure
Read moreLondon afternoon: Stocks bounce into the blue after US jobs
4th Dec 2009 14:20
Share prices have surged higher as the keenly watched US monthly jobs figures showed a big drop in the number losing their jobs and an unexpected drop in the level of US unemployment. Miners are leading the rally with Rio Tinto the best performer. Other gainers include ENRC and oil explorer Cairn E
Read moreLondon midday: Stocks treading water
4th Dec 2009 12:17
Share prices are stabilising at lower levels as investors wait on the big US jobless announcement due at 1:30pm. Banks are on the back foot after a lukewarm note on the sector from JP Morgan. The US bank is particularly down on part-nationalised bank Royal Bank of Scotland, which it advises its cli
Read moreSound Oil slumps as takeover collapses
4th Dec 2009 08:27
Shares in Sound Oil, which explores for oil and gas in Indonesia, re-commenced trading Friday morning after a suspension following the collapse of a possible reverse takeover - and slumped nearly 40%. Trading in the shares were suspended on October 20 when Sound said it was in discussions about the
Read moreSmall caps round-up: Timis eyes Sound Oil...
20th Oct 2009 09:52
Sound Oil is in discussions about a possible takeover of a private company majority-owned by a trust connected with Frank Timis with oil assets offshore West Africa. The transaction under discussion is expected to represent a reverse takeover under the AIM Rules and Sound has requested that trading
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