Fund manager adds to majority stake in Manchester & London Investment Trust
5th Jun 2014 15:21
Mark Sheppard, the investment manager of Manchester & London Investment Trust (MLIT), has bought nearly £1.9m of shares in the closed-ended investment company. Sheppard, from MLIT's parent Manchester & Metropolitan Investment and MLIT's fund manager Midas Investment Management, bought 712,071 share
Read moreToumaz Chairman and CEO purchases highlight company health
3rd Apr 2014 14:59
A couple of hefty share purchases from directors in AIM-listed Toumaz sent the 'internet of things' company's shares flying on Thursday. Chief Executive Anthony Sethill bought £48,450 worth of shares at 3.23p, while Chairman Sir Richard Steeves topped that by shelling out £420,050 at 3.88p and most
Read moreS&U steps up dividend as motor finance accelerates
25th Mar 2014 10:41
Niche home credit and motor finance provider S&U hiked its dividend yet higher as its generated record profits during its 75th year. The Birmingham-based business, set up by Welshman Clifford Coombs in 1938 and chaired today by his grandson Anthony, lifted pre-tax profits 21% to £17.3m on turnover
Read moreEntertainment One Film President continues sale, Empresaria builds stake
10th Dec 2013 16:17
Patrice Theroux, the President of Film at Entertainment One, has reduced his stake in the entertainment company with the sale of 259,538 shares. The shares were traded in at 239.25p a time for a total value of £620,945. The transaction followed two other share sales of 665,462 at 240.1p on Decemb
Read moreTuesday broker round-up UPDATE
10th Dec 2013 09:43
Amlin: Westhouse Securities moves target price from 470p to 480p and reiterates an add rating. Antofagasta: Credit Suisse reduces target price from 900p to 750p, while upgrading to neutral. UBS cuts target price from 845p to 765p retaining its neutral rating. Ashley House: WH Ireland moves target
Read moreS&U trading in line
8th Feb 2013 07:52
Home credit and motor finance provider S&U said current trading is satisfactory and expects to meet full year market expectations. Underlining its confidence in future trading, the group said it plans to pay a total dividend for the year ended January 31st of at least 44p compared to last year's 41
Read moreHikma boss makes a fair few pennies from share sale
21st Jun 2012 16:24
Said Darwazah, the Chief Executive Officer of Hikma Pharmaceuticals, the FTSE 250 multinational pharmaceutical group, has pocketed over one million pounds through the sale of company shares last week. Darwazah sold 195,447 shares at 649p each on June 15th for a total of £1,268,451, the company reve
Read moreForum director exercises options over one million shares
29th May 2012 16:06
Walter Brown, a Non-Executive Director of UK based gas & oil Forum Energy, has exercised one million shares in the company at 31p each. The £310,000 transaction took place on March 25th, the same day the company unveiled the findings of a report which shows an improvement in the previously known r
Read moreDoorstep lender S&U pressing all the right buttons
17th Feb 2012 08:41
Investment analysts will be rushing to upgrade their estimates for S&U after the home credit and car finance firm said full year results will significantly exceed market expectations. The home credit division has "traded well" since Christmas with customer numbers up, helped by new store openings i
Read moreS & U rises on encouraging progress
9th Dec 2011 13:00
Home credit and car finance provider S&U saw a rise in shares after reporting "very satisfactory" progress during the period from 1 August 2011 to 8 December 2011. The firm's Home Credit division has said customer numbers are up just under 2% above last year and that debt quality continues to impro
Read moreS&U reports strong half year
22nd Sep 2011 15:20
Home credit and car finance provider S&U has announced strong results for the six months to the end of July. Revenue got a 5% boost on a like-for-like basis to £24.8m, while pre-tax profit reached £6.4m, up from £5.4m for the same period the previous year. The company said: "Whilst our overall c
Read moreLondon close: Miners push Footsie higher
23rd Mar 2011 17:19
Footsie ended the day close to its high point though that was largely due to the strength of mining stocks rather than a rapturous reception to the UK Budget. What did get a rapturous reception, at least for a while, was the news that the voting by the Monetary Policy Committee in March on interest
Read moreLondon afternoon: Housebuilders get Budget boost
23rd Mar 2011 15:00
It would appear that the UK Budget was far from a blockbuster as the market has reacted phlegmatically to the Chancellor's big day. The headline grabbing move was the commitment to effectively abolish National Insurance and push up income tax to compensate, but this will not take effect for some t
Read moreCar finance fuels growth at S&U
23rd Mar 2011 13:01
Home credit and car finance provider S&U increased its profit in 2010 thanks to a strong performance from the car finance business. Both sides of the business are adding customers but Advance Finance increased its profit contribution by more than one-third to £4.2m. This car finance business has
Read moreSmall caps round-up Watford Leisure, Igas, S&U
11th Feb 2011 09:47
The identity of possible buyers of Watford Leisure, the company behind the football club Watford FC, has been revealed. Thomas Panagiotis and Laurence Bassini issued a statement this morning saying they are considering making an offer for the group. Shares in Igas Energy cooled after the company a
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