Thursday broker round-up
13th Sep 2012 09:17
Anite: Jefferies keeps buy rating and 160p target. BAE Systems: Investec downgrades from hold to sell, target raised from 350p to 290p; Societe General downgrades to sell; Oriel Securities downgrades to hold, target lifted from 350p to 370p. Bank of Georgia: Seymour Pierce keeps buy rating and 1,6
Read moreSunday share tips: BP, Vp, Tullow Oil
9th Sep 2012 16:42
Last week, the US Department of Justice (DoJ) talked tough in relation to BP's Gulf of Mexico oil spill. Any final settlement now looks further away. In a statement during the civil case in a Louisiana court, the DoJ accused BP of gross negligence or wilful misconduct. Credit Suisse has calculated t
Read moreSynergy CEO stocks up as Q1 growth limited by currency
27th Jul 2012 15:50
Dr Richard Steeves, the Chief Executive Officer of Synergy Health, a provider of outsourced sterilisation services, bought himself a round of shares on the same day the firm admitted headline growth in the first quarter had been held back by currency translation with the devaluation of the euro. T
Read moreASOS Product Director sells stake in firm
16th Jul 2012 15:52
Robert Bready, the Product Director of online fashion store ASOS, has sold all his ordinary shares in the firm, less than a week after the company unveiled a strong first quarter. Bready, who begun his career at the High Street fashion River Island, pocketed himself £2.6m after trading in 143,125 s
Read moreVp acquires assets from Balfour Beatty
11th Jul 2012 10:16
Vp, the equipment rental specialist, has acquired the business and assets of two equipment rental activities from Balfour Beatty Group. The purchase was made for a cash consideration of £4.0m. Under the transaction, Hire Station, a division of Vp, has acquired Balfour Beatty survey, safety and co
Read moreSmall caps round-up: Arena, RedHot Media, Vp...
10th Feb 2012 11:09
Gene-based biopharmaceutical company Oxford Biomedia has announced that its Chief Financial Officer (CFO), Andrew Wood, has stepped down and will be replaced by Tim Watts with immediate effect. Watts has over 30 years' experience in leading multinational businesses and was most recently CFO at Archi
Read moreSainsbury's finance boss heads to the till
8th Aug 2011 15:39
John Rogers, chief financial officer at J Sainsbury, has purchased 17,000 shares at 285.7p, at a total value of £48,569. The purchase increases his stake in the company from 175,342 to 192,342 shares. Rogers, who has worked for Sainsbury's since 2005, was appointed to the board in July last year
Read moreVp not hampered by December's snow
15th Feb 2011 16:33
Equipment rental business Vp says that December's poor weather did not have an overall negative impact on its trading. That means that full year figures should be in line with expectations. Demand is consistent with the levels in the six months to November 2010. The trading statement covers the
Read moreVP maintains divi
30th Nov 2010 08:39
Equipment rental firm VP reported a drop in half year earnings but said its markets continue to stabilise. Profit before tax and amortisation fell to £8.6m in the six months ended 30 September 2010 from £9.8m before. Revenues were unchanged at £71.1m. "The group has experienced a period of gener
Read moreUK SMALLCAP ROUNDUP: Rockhopper Mulls Main Market Move
8th Jun 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 ROCKHOPPER EXPLORATION PLC (RKH.LN), an oil and gas explorer, said Tuesday it is considering a move to the main market of the London Stock Exchange follo
Read moreUK SMALLCAP ROUNDUP: VP To Cut Net Debt GBP10M In FY11
8th Jun 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 VP PLC (VP.LN), a U.K. equipment rental company, hopes to cut its net debt by a further GBP10 million in fiscal 2011, Group Finance Director Mike Holt sa
Read moreUPDATE: VP FY11 Pretax Pft -31%; Keeps Dividend As Debt Falls
8th Jun 2010 09:59
(Adds executive and analyst comment, share price.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. equipment rental company VP PLC (VP.LN) Tuesday reported a 31% fall in fiscal year pretax profit but maintained its dividend, saying it was ready to handle another challe
Read moreINTERVIEW: VP To Cut Net Debt By Further GBP10M In FY11
8th Jun 2010 09:02
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. equipment rental company VP PLC (VP.LN) hopes to cut its net debt by a further GBP10 million in fiscal 2011, Group Finance Director Mike Holt said Tuesday. VP, which works in sectors such as construction, oil and gas, ou
Read moreVP profit declines, divi on hold
8th Jun 2010 08:19
Equipment rental firm VP said full year adjusted pre-tax profit fell 26% as demand in some of its markets deteriorated but says it looks forward to future trading with confidence. Pre-tax profit before items fell to £16m for the year ended 31 March 2010 from £21.7m the year earlier. Revenue droppe
Read moreVP FY Adjusted Pretax Profit GBP16.0M Vs GBP21.7M
8th Jun 2010 07:47
LONDON (Dow Jones)--VP Plc (VP.LN), an equipment rental specialist, announced Tuesday it made an adjusted pretax profit of GBP16.0 million for the year ended Mar. 31, compared with GBP21.7 million. MAIN FACTS: -Pretax profit of GBP14.3 million (2009: GBP20.8 million) -Revenues of GBP134.
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