Diploma's COO sells off shares
20th Feb 2012 15:51
Shares in Diploma, the specialised technical products and services provider, are trading just 30p off their all-time high hit at the end of January, so it was not a bad time for Iain Henderson, the Chief Operating Officer, to reduce his holding in the company, Henderson pared his stake in the firm
Read moreLondon pre-open: Pause for breath
16th Aug 2011 07:33
London's more reflective mood this week looks set to continue, with City traders betting that all of yesterday's gains on the Footsie will be relinquished at the outset. Spread betting quotes suggest the top-share index will open at around 5,310, down 41 points from last night's close. Witan Inves
Read moreWitan hopeful that earnings will cover divi
16th Aug 2011 07:11
Witan Investment Trust, which hit a 52-week low earlier this month, said its performance outstripped its benchmark in the first half of 2011. The company's net asset value (NAV) total return was +3.6%, a relative outperformance of 0.6% over the FTSE All-Share index. The investment trust said that e
Read moreBerendsen non-exec spends £75,000
20th May 2011 17:14
Berendsen non-executive director Iain Ferguson has spent £75,000 on shares in the textile service business formerly known as Davis Service Group. He bought 15,000 shares at 496p a time and now has 40,000. Ferguson, a former chief executive of the sugar firm Tate & Lyle, joined Berendsen last year.
Read moreSinclair non-exec takes more shares
3rd May 2011 17:26
Jean-Charles Tschudin, a non-executive director at the skin care products supplier Sinclair Pharma, has added to his holding in the company with the purchase of 56,000 shares at 36p a time. He now has 967,117 shares, which is about 0.4% of the company. Top Director Buys Qatar Investment Fund (QIF
Read moreLondon close: Market closes at low for the day
16th Mar 2011 17:07
An attempt at an early afternoon rally was short-lived and Footsie ended at its low for the day as investors continue to worry about the situation in Japan and sovereign debt in Europe after the downgrade of Portugal's debt by ratings agency Moody's. A sharp fall on Wall Street did not help sentime
Read moreIncoming United Utilities boss splashes out
16th Mar 2011 16:28
United Utilities' incoming chief executive has spent £400,000 on shares in the water supplier. Steven Mogford, who will take the reins at United Utilities on 31 March, took 70,814 shares at 564.9p a time, his first purchase of shares in the company. Mogford's appointment was announced in November
Read moreFTSE 250 movers: Imagination Tech falls despite strong second half
16th Mar 2011 15:19
Imagination Technologies is the worst performer Wednesday despite continuing to see growing demand for its graphics chip technology, though its Digital Audio Broadcasting division, PURE, is finding things a bit tougher. The group expects the volume of chips shipped in the second half of the financ
Read moreLondon afternoon: Stocks pare losses
16th Mar 2011 14:06
Stocks pared losses over the lunch time session leaving the overall picture looking mixed, though the Footsie is slightly easier on balance, as investors continue to fret about the fall-out from the Japanese disaster, while sovereign debt concerns in Europe have been revived by the downgrade of Port
Read moreLondon midday: Market remains in the red
16th Mar 2011 11:50
The decline in the FTSE 100 appears to have bottomed out although there are continuing worries over the post-earthquake situation in Japan. A fire at the plant's fourth reactor sent radiation levels soaring and forced what few workers are left battling the potential disaster to retreat. Japan's Emp
Read moreLondon open: Footsie struggles as Japan news worsens
16th Mar 2011 08:54
Hopes of a rally after a bounce in Tokyo overnight have been dashed by more worrying news from the crippled Fukushima Dai-ichi nuclear plant. A fire at the plant's fourth reactor sent radiation levels soaring and forced what few workers are left battling the potential disaster to retreat. Japan's E
Read moreWitan reinvigorated
16th Mar 2011 08:25
Venerable Witan Investment Trust, founded 102 years ago, showed there is still life in the old dog as it outperformed its benchmark index in 2010. Net asset value (NAV) total return in 2010 was 18.9%, compared with a return on the trust's benchmark index of 15.5%. Share buybacks contributed half a
Read moreIndus Gas chief exec raises nearly £126m
31st Jan 2011 17:04
The chief executive of one of the largest companies on AIM has raised nearly £126m from a share sale. Not much more than 10% of the companies on AIM are valued at more than the amount raised by Indus Gas chief executive Ajay Kalsi. He sold 19.35m shares at 650p each. Indus joined AIM in June 2008
Read moreBHP boss digs deep for shares
1st Dec 2010 15:31
BHP Billiton chairman Jacques Nasser has spent more than £900,000 on shares in the mining giant. The Lebanese-Australian took 20,000 American Depositary Receipts (ADRs) in the company, which amounts to 40,000 shares, and now has 45,600 ADRs. He paid $70.34 (4,523p) for each ADR. Nasser is best kno
Read moreWitan outperforms during Q3
19th Nov 2010 08:01
Witan Investment Trust outperformed its benchmark during the third quarter of 2010 with a net asset value per share total return of 11.7%. That was better than the company's benchmark which returned 10.6% between June and September. Net asset value per share stood at 533p on 30 September compared
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