Small caps: Fiberweb, Offshore Hydro, Clyde Process.......
25th Feb 2010 13:24
Textiles group Fiberweb has refinanced its $400m loan facility with a new loan facility of £210m that matures in July 2013. As a result, cash interest costs will increase by £3m in 2010 over previous expectations. In addition, there will be non-cash amortisation charges of £3m in each of 2010 and
Read moreITV starts legal proceedings against STV
23rd Sep 2009 14:53
STV has received a formal notice of legal proceedings from ITV, which said yesterday it would take action against the Scottish broadcaster. ITV is trying to recover gross debt of £38m it says was accumulated as a result of 'STV not honouring its contractual contributions towards the Network Program
Read moreSTV hits back at ITV
22nd Sep 2009 16:09
Broadcaster STV said it was disappointed after ITV revealed it will issue legal proceedings against the Scottish firm to recover gross debt of £38m. ITV said the debt was accumulated as a result of "STV not honouring its contractual contributions towards the Network Programme Budget." STV said th
Read moreSTV sees encouraging ad trends
26th Jun 2009 07:48
Scottish broadcaster STV said that, while the advertising market remains tough, it has seen encouraging trends in regional advertising in the second quarter. Revenues from regional advertising are down 12% for the three month period which compares with 19% for the first half, STV said. The firm ad
Read moreMonday newspaper round-up: Anglo American, CBI, ITV
15th Jun 2009 06:17
Cynthia Carroll, the chief executive of Anglo American, has lost the confidence of leading shareholders who want her to consider merging the London-listed mining giant with its rival Xstrata. Some big investors have drastically reduced their shareholdings in Anglo over the past year because of conc
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