Wednesday tips round-up: Persimmon, Marshalls, Zotefoams
6th Jul 2011 06:38
Persimmon, the country's largest housebuilder, built 4,439 homes in the first half, down 5% on the year, which were sold at an average of £162,000. This price represented a 4% decline because of a higher mix of smaller houses. Yet margins edged up to 9% from 8%. The main bugbear for investors is the
Read moreHigh input costs continue to hurt Zotefoams
5th Jul 2011 10:08
High-performance foams supplier Zotefoams recorded a 10% rise in like-for-like sales, in the six months to 30 June. The rise, which excludes the consolidation of MuCell Extrusion, was driven by growth in its Azotec polyolefin foam products, which has uses in packaging, construction and automotive
Read moreLondon close: FTSE 100 rallies to flat finish
8th Mar 2011 16:53
The FTSE 100 rallied strongly to close flat after a volatile. Traders were unsure how to react to continuing violence in Libya and indications from Opec that the cartel will lift oil production. The oil price eased, but so did metals, which dealt a blow to the mining sector, particularly precious m
Read moreLondon afternoon: Miners drag down Footsie
8th Mar 2011 14:34
Mining stocks are weighing heavily on Footsie as the price of gold and copper moved lower today. Precious metal miners Randgold Resources and African Barrick are the big fallers in the sector, but even copper miner Antofagasta is under the cosh, despite announcing it is to pay a huge special divid
Read moreZotefoams adopts progressive dividend policy
8th Mar 2011 11:22
High-performance foams supplier Zotefoams says that it intends to adopt a progressive dividend policy following a strong profit performance in 2010. Zotefoams increased its final dividend by 5% to 3.15p a share. The total dividend for the year is 4.65p a share. The dividend is covered just over tw
Read moreThursday tips round-up: Mouchel, Centamin Egypt, Hambledon...
23rd Dec 2010 06:31
When Mouchel Group on December 6 announced it had received takeover approaches, various names were in the frame, including fellow outsourcers Serco, Mitie and Carillion. No one mentioned Costain. An authoritative note from broker Peel Hunt after the bid approaches were revealed suggests any bidder c
Read moreLondon close: FTSE 100 hits new highs
21st Dec 2010 16:36
The leading share index closed just off its highest levels since the first half of 2008, before the global economic crash, after banks and miners led another day of gains. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such
Read moreLondon afternoon: Footsie still going strong
21st Dec 2010 15:12
Footsie is still going strong after a decent start on Wall Street. The 6,000 point mark - not seen since the first half of 2008 - is in sight. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such as India's Vedanta and Mexic
Read moreLondon midday: Banks and miners buoy Footsie
21st Dec 2010 12:08
The FTSE 100 remains well above the 5,900 mark, with miners and banks moving higher in tandem once again. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such as India's Vedanta and Mexican silver specialist Fresnillo are go
Read moreLondon open: Footsie at 30-month high
21st Dec 2010 08:53
London has hit a new 30-month high on a partial recovery on Wall Street overnight and strong performance in Asia this morning. Banks are leading the way, with good gains for Barclays, RBS and Lloyds this morning. Reports, since played down, that Business secretary Vince Cable could walk away from t
Read moreZotefoams sitting very comfortably
21st Dec 2010 07:40
Zotefoams remains on course for a 20% lift in sales this year after fourth quarter revenues rose 7% driven by a surge at the high peformance end of its business. Profit before tax and exceptional items for 2010 will be in line with market expectations, the foam maker added. "Overall sales growth
Read moreBG boss raises more than £1m
12th Nov 2010 16:49
BG Group chief executive Frank Chapman has raised more than £1m by selling shares in the oil and gas explorer and producer. Chapman sold 85,000 shares at £12.80 each, which leaves him with 1.91m shares in BG, which was spun out of British Gas in 1997. Chapman has been chief executive for 10 year
Read moreZotefoams gains offset by input hikes
22nd Oct 2010 08:28
High spec foam maker Zotefoams' sales continued to power forward in the three months to September, though raw material prices also rose offsetting some of the higher revenue. "Profit for the quarter benefited from the increased sales activity, although this was partially offset by polymer prices a
Read moreUK SMALLCAP ROUNDUP: Wills & Co Declared In Default
1st 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 WILLS & CO STOCKBROKERS LTD, a small cap share dealer, has been declared to be in default by the Financial Services Compensation Scheme, four months afte
Read moreCORRECT:Zotefoams Sees 2010 Profit Topping Market Expectations
1st Jul 2010 15:34
("Zotefoams Sees 2010 Profit Topping Market Expectations," at 0733 GMT, misstated the reasons behind the rise in polyolefin revenue in the fifth paragraph. The correct version follows:) LONDON (Dow Jones)--Foam manufacturer Zotefoams PLC (ZTF.LN) Thursday said it expects its full-year pretax pr
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