London pre-open: Shares to win back some losses
30th Nov 2010 07:34
Footsie is expected to recover some of yesterday's losses in early dealings. In company news, Birmingham City Council has extended and expanded its existing contract with outsourcing titan Capita in a deal worth about £300m to Capita. The original contract to provide ICT (information and communicat
Read moreTopps Tiles confident after profits rise
30th Nov 2010 07:06
Tile and flooring specialist Topps Tiles posted higher profits in the year to October 2 as sales recovered and said it is confident in spite of subdued consumer confidence. Pre-tax profits at Topps, which has 312 stores, climbed to £12.4m from £9.9m as total revenue increased to £182.4m from £178.8
Read moreTuesday preview: Aberdeen Asset, Topps Tiles, Immunodiagnostic
29th Nov 2010 17:09
The share price of fund manager Aberdeen Asset Manager hit a 52-week high earlier this month though it has come off the top since. Tuesday's full year results might provide further impetus, with the group expected to report good progress on debt reduction and margin improvement. KBC Peel Hunt is fo
Read moreLondon close: Lower finish after sluggish day
29th Sep 2010 16:39
Footsie closed a few points lower at the end of a dull day's trading that was overshadowed by continuing eurozone debt worries. Ireland was the focus of attention again. The rating agency Standard & Poors says the price of bailing out nationalised bank Anglo Irish could exceed $47bn. Banks Royal B
Read moreLondon afternoon: Dull mood continues
29th Sep 2010 14:15
Leading shares remain mixed but with a lower bias as investors continue to fret over European debt issues. Debt-stricken Ireland is the focus of attention again. The rating agency Standard & Poors says the price of bailing out nationalised bank Anglo Irish could exceed $47bn. Banks Royal Bank of
Read moreTopps Tiles FY on track as sales recover
29th Sep 2010 07:54
Britain's biggest tile and wood flooring specialist, Topps Tiles said full year adjusted pre-tax is expected to be within analysts' estimates after an uptick in demand in the fourth quarter. The current range of analysts' estimates for adjusted full year pre-tax profit is between £14.5m and £17.1m,
Read moreWednesday preview: Smiths Group, Domino's, Topps Tiles
28th Sep 2010 17:43
Diversified high-tech group Smiths Group is two years into a mammoth restructuring programme and is, by and large, delivering on its stated targets, according to Charles Stanley. The suspicion remains, however (at least among the fee-hungry investment banking community), that the group is merely fa
Read moreLondon close: Winning streak ends
14th Jul 2010 17:05
A spirited late rally was not enough to return Footsie into positive territory. The blue-chip index recovered from its nadir of 5,206 to rise almost 50 points in the last 90 minutes of trading. Just a third of the blue-chip index's constituents advanced on the day and chief among them was chip desi
Read moreUK SMALLCAP ROUNDUP:Dividend Chance For International Greetings
14th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps INTERNATIONAL GREETINGS PLC (IGR.LN) Wednesday said it isn't ruling out introducing its first dividend payment at the end of the current fiscal year.
Read moreLondon afternoon: Drift lower continues
14th Jul 2010 14:54
A soft start on Wall Street has seen London slide further into the red although there do remain some bright spots. Chief among them is chip designer ARM, which has been lifted by Intel's record results announced last night. Goldman Sachs has responded to Intel's results by upping its price target
Read moreUK SMALLCAP ROUNDUP: NXT's Cash Flow Pressured By Sales Fall
14th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps NXT PLC (NXT.LN), U.K. technology and licensing company, Wednesday said fiscal 2010 revenue is "significantly down" on last year, in spite of an improvem
Read moreLondon midday: ICAP leads the slide
14th Jul 2010 12:04
London looks like it is pausing for breath after the recent good run that has seen the FTSE 100 index advance by 8% over the last week. As has been the case every day this week, BP is in focus but the slant on the news today is downwards. The company has delayed a pressure test on the newly instal
Read moreUK SMALLCAP ROUNDUP: ASOS Revenue Boosted By Overseas Sales
14th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ASOS PLC (ASC.LN), an online fashion retailer, Wednesday posted a 48% jump in first-quarter group revenue, helped by a more than doubling of overseas sal
Read moreLondon open: Modest gains for Footsie
14th Jul 2010 08:49
Footsie has made progress after a cautious start, though BP's recent good run has come to an end while derivatives broker ICAP is lower after a cautious statement. BP has delayed a pressure test on the newly installed well cap in the Gulf of Mexico while reports today said US politicians now want t
Read moreTopps Tiles sales decline eases
14th Jul 2010 08:10
Topps Tiles, Britain's biggest tile and wood flooring specialist, breathed a sigh of relief as it reported an improving trend following difficult trading at the start of the third quarter. In the 13 weeks to July 3, sales were down by 2.5% compared with the same period the previous year, and by 1.2
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