Sector movers: Burberry lifts personal goods sector
8th Mar 2012 17:05
Personal goods constituent Burberry was providing a lift to the sector on Thursday afternoon on the back of rumours that the country is to slash import taxes on luxury goods this year. China is a key growth market for Burberry, the renowned British fashion luxury brand famous for its distinctive t
Read morePru director pockets £700,000
12th Sep 2011 13:42
Prudential executive director Michael McLintock has trousered nearly £700,000 from the sale of shares in the insurance giant. He sold 120,000 shares at 577p a time, but still has nearly 800,000. McLintock has been an executive director at the Pru since 2000. He is chief executive of M&G, an inves
Read moreLondon close: FTSE 100 in late dive
9th Feb 2011 16:57
Shares finished firmly in the red after a sluggish day's trading that finished with a late dive in line with weakness in the US. Footsie was weighed down by a sharp fall in the price of International Power as the power generating company's shares trade today without the right to receive the recent
Read moreLondon afternoon: Downward drift continues
9th Feb 2011 14:02
The blue-chip index drifted lower still over the lunchtime session after a lacklustre morning session. Footsie is weighed down by a sharp fall in the price of International Power as the power generating company's shares trade today without the right to receive the recent 92p special dividend. Ci
Read moreWorthington considers options
9th Feb 2011 13:23
Fully listed Worthington Group has appointed Beaumont Cornish as its financial adviser and this could be a precursor to a move to AIM. Worthington says that it will shortly be calling a general meeting. Worthington will put forward proposals that "would better serve the needs of the company and sh
Read moreLondon close: Footsie takes small step back
29th Oct 2010 17:24
The movements of the FTSE 100 index appeared to be directed by a lackadaisical Grand Old Duke of York today, and the blue-chip index finished (more or less) neither up nor down. British Airways was lower even though it swung to a profit in the first half as the airline improved yields and cut costs
Read moreSmall caps round-up: Sabien Tech, Worthington, VANE...
29th Oct 2010 15:25
Sabien Technology has reported a 44% increase in yearly revenue to £0.97m from £0.68m previously. For the year ended 30 June, pre-tax loss more than halved to £0.34m from £0.83m. The group, engaged in the manufacture and sale of energy-saving devices for boilers and air conditioning, is expected to
Read moreRegenesis buys more of Worthington
10th Aug 2010 18:59
Regenesis Holdings has increased its stake in fully listed shell Worthington Group to 23.5%. Peter Townsend, a representative of investment company Regenesis, was appointed as chief executive of Worthington on 6 July. At that time Regenesis owned 14.1% of the company. Worthington has sold off it
Read moreWorthington Group Trading In Line With Its Expectations
22nd Jul 2010 11:24
LONDON (Dow Jones)--Worthington Group PLC (WRN.LN) said Thursday trading for the period from April 1 to date is in line with management expectations. MAIN FACTS: -Head office rental receipts and costs are in line with expectations during the period. -Trimmings by Design Ltd continues to
Read moreWorthington Group: Regenesis Holdings Ltd Raises Stake To 19.25%
16th Jul 2010 08:57
LONDON (Dow Jones)--Worthington Group PLC (WRN.LN) said Friday that Regenesis Holdings Ltd has raised its shareholding to 2.27 million Ordinary shares, or 19.25%. MAIN FACTS: -Regenesis previously held 1.68 million shares. -Shares at 0755 GMT down 2.5 pence, or 11%, at 20.50 pence valuin
Read moreWorthington Names Non Executive Chairman, Chief Executive Director
6th Jul 2010 07:48
LONDON (Dow Jones)--Worthington Group PLC (WRN.LN) said Tuesday it appointed Anthony Cooke as non executive chairman and Peter Townsend as chief executive director of the company. MAIN FACTS: -Joe Dwek, currently chairman of the company, to step down from the board on Aug. 31 to allow for a
Read moreWorthington Group FY10 Loss Narrows, Addresses Pension Scheme Exposure
16th Jun 2010 12:57
LONDON (Dow Jones)--Worthington Group PLC (WRN.LN), a hospitality management, consulting, and development partnership, said Wednesday reported a slightly narrowed fiscal 2010 pretax loss and said it continues to look for ways to reduce the Company's exposure to the pension scheme, but it is likely t
Read moreSmall caps: Invista Real, Ricardo, Worthington...
26th Feb 2010 11:52
Invista Real Estate generated profit before taxation, for the year ending 31 December 2009, was £10m (2008: loss £3.7m). Total revenue fell by 25% to £34.4m from £45.6m in 2008, the fall being heavily influenced by lower management fees as a result of lower average assets under management during
Read more