Tanfield shifts into reverse
7th May 2010 15:41
Shares in Tanfield, the manufacturer of aerial work platforms and commercial electric vehicles, were down in the basement on Friday as the company plunged into the red. "As we predicted, 2009 was a tough year for the group and we expect 2010 will also be challenging," said the chairman of Tanfield,
Read moreSmall caps round-up: Theo Fennell, Anglesey Mining, Tanfield...
1st Apr 2010 14:11
Upmarket jeweller Theo Fennell has raised £1.5m through a placing of 3.95m new shares at 38p. Fenell's largest institutional shareholders are supporting this fundraising alongside chief executive Barbara Snoad, chairman Rupert Hambro, and non-exec Roger Pedder, who together subscribed for a total o
Read moreThursday newspaper round-up: BP, British Airways, Cazenove
11th Mar 2010 06:27
BP is set to enter the deep waters off the coast of Brazil, one of the world's most exciting areas for oil exploration, with a $6bn deal to buy international oil and gas assets from Devon Energy. A deal could be announced as early as Thursday, according to people familiar with negotiations, says the
Read moreLondon close: Oils and pharmas shine
22nd Dec 2009 17:09
London equities added to the previous day's gains although a late pull-back ensured that rises were not as extensive as yesterday. Oil stocks and pharmaceuticals led the way higher. Cairn Energy enjoyed another strong day after it announced yesterday that it would start its drilling programme in G
Read morePither returns to Tanfield chair
22nd Dec 2009 16:40
Tanfield Group, manufacturer of aerial work platforms and commercial electric vehicles, is to get its old chairman back in the new year. Jon Pither, who was chairman of Tanfield from December 2003 to June 2005, will take over from Roy Stanley as non-executive chairman with effect from 1 January 201
Read moreSector movers: Retailers out of fashion
30th Sep 2009 10:57
Retailers are lower, most notably Marks & Spencer, which posted another fall in quarterly like-for-like sales, although these were better than expected, suggesting consumer confidence may be creeping back. Alexon Group, the ladies clothing specialist, was the heaviest faller in the sector after sa
Read moreTanfield turnover slumps 68%
30th Sep 2009 09:06
Tanfield Group, manufacturer of aerial work platforms and commercial electric vehicles, saw turnover slump 68% in the half year as it continued to experience volatility in all its market sectors due to the worldwide recession. Turnover fell to £29.9m against the £92.8m posted in the same period la
Read moreLondon close: US gains lift Footsie
24th Jun 2009 16:36
After a lacklustre start to the day, the FTSE 100 finished with good gains, helped by a strong performance on Wall Street. US stocks were helped by a rise in durable goods orders, which climbed 1.8% in May, against expectations of 0.9% fall. Miners Kazakhmys, ENRC and Vedanta were in demand on the
Read moreLondon afternoon: Rally gains momentum
24th Jun 2009 14:29
A positive start by Wall Street has encouraged a surge by leading London equities, pushing the Footsie higher. Kazakhmys, ENRC and Vedanta are all in demand on the back of higher metal prices. Elsewhere in the sector Anglo American is wanted on rumours that Xstrata's merger approach has alerted Val
Read moreLondon midday: Miners give Footsie a leg-up
24th Jun 2009 11:59
Leading shares remain mixed with a moderately firmer bias, thanks largely to a buoyant mining sector. Anglo American is the best performer on rumours that Xstrata's merger approach has alerted Vale from Brazil and Rio Tinto's erstwhile partner Chinalco to the possibility that a deal could be done.
Read moreTanfield wins government funding
24th Jun 2009 08:38
Shares in electrical vehicle maker Tanfield surged Wednesday morning after it said it is in line to receive government funding through the Ultra Low Carbon Vehicle Demonstrator Programme. Tanfield will be eligible to receive half the projected total project cost of £3.2m to develop and trial a tota
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