Diageo CEO continues to reduce stake
18th Feb 2013 16:31
The Chief Executive Officer of Diageo, the FTSE 100 drinks giant, has continued to reduce his stake in the company, this time selling 75,000 shares. Paul Walsh, who was appointed to the role of CEO in 2000, now holds 654,614 shares in the group. The shares were traded in at 1,935.00p a time, ear
Read moreARM CCO shaves 200,000 shares off stake
13th Feb 2013 16:09
Mike Inglis, the Chief Commercial Officer of ARM since March last year, this week traded in 200,000 shares in the semiconductor and software design company. Inglis sold 186,703 of the shares at 921p for a total of just under £1.72m, while the remaining 13,297 were disposed of at 917p for £0.12m.
Read moreRandall & Quilter founder and son sell two million shares
5th Feb 2013 15:05
Two million ordinary shares of non-life insurance investor Randall & Quilter were sold by the the group's Chairman and his son this week, the firm said on Tuesday. Chairman Ken Randall, who also is the investment firm's founder and Chief Executive Officer, sold one million shares at a price of 110p
Read moreRandall & Quilter forecasts 'in-line' full-year results
1st Feb 2013 10:39
Specialist non-life insurance investor Randall & Quilter, has forecast that its group pre-tax result for the year ending January 31st will be 'in line with current market expectations', according to a trading update issued on Friday. The group said that the board remained "confident in the positive
Read moreRandall & Quilter steps up acquisition activity
11th Jan 2013 07:42
Randall & Quilter (R&Q), the AIM-listed non-life insurance group, has completed the purchase of Hickson Insurance Limited (HIL) for half a million pounds. R&Q bought the entire issued share capital of HIL, an Isle of Man-domiciled captive insurer, from Hickson Investments (an affiliate of the Lonza
Read moreLondon close: Stocks finish lower ahead of US budget talks
28th Dec 2012 16:35
Markets finished firmly in negative territory on Friday afternoon as investors showed concern with just a few days left before the fiscal cliff deadline. President Barack Obama has called a meeting with congressional leaders today in which they are expected to draw up a piece of legislation to be s
Read moreLondon midday: Stocks drop into the red as 'fiscal cliff' looms
28th Dec 2012 11:29
After a strong start, markets across Europe dipped into the red by midday with the US fiscal cliff continuing to dominate market sentiment. "We are now just over three days away from the so-called 'fiscal cliff' and after many months of posturing and political bravado, the US has run out of time,"
Read moreRandall and Quilter acquires Alma Insurance Company
28th Dec 2012 08:34
Randall and Quilter completed Friday the acquisition of Alma Insurance Company after receiving regulatory approval from the Finnish Financial Services Authority. The AIM-listed insurance investor said Alma has been in run-off since 1989 and reported net reserves of £1.6m at September 30th 2012. Ra
Read moreLondon open: Stocks open strongly on fiscal cliff hopes
28th Dec 2012 08:33
The FTSE 100 opened firmly in positive territory on Friday morning ahead of critical talks between US leaders this weekend. Stocks tracked Asian markets higher overnight with Japan's Nikkei finishing its final session of 2012 up around 0.7% (Japanese markets are closed on Monday). This means that t
Read moreLondon pre-open: Stocks seen lower after Republicans pull 'plan B' vote
21st Dec 2012 07:33
The FTSE 100 is expected to decline in early trading on Friday due to ongoing concerns about the 'fiscal cliff', after House Speaker John Boehner last night cancelled a planned vote on a back-up tax-cut plan after failing to receive enough support by his own party. Market analyst Michael Hewson fro
Read moreRandall & Quilter acquires LINPAC Insurance Company
21st Dec 2012 07:11
Financial services firm Randall & Quilter Investment Holdings has completed the acquisition of the entire issued share capital of LINPAC Insurance Company Limited (LICL) from the owner LINPAC Finance Limited. LICL, which is a Guernsey-domiciled captive insurer, has been in run-off since 2006 and wr
Read moreM&A round-up: Walker Crips, Randall & Quilter, Marwyn ...
1st Nov 2012 13:51
Financial services group Walker Crips is to sell its corporate finance subsidiary Keith, Bayley, Rogers & Co (KBR) to BWV investments. The purchase price is £75,000 over the value of KBR's assets as at the end of October; these are expected by the Walker Crips directors to be in the region of £270,
Read moreRandall and Quilter continues surge as revenues rise
6th Sep 2012 10:23
Specialist non-life insurance investor Randall and Quilter says it is clearing up a legal dispute related to its US operation while growing profits and revenues. Total income in the six months to the end of June was £25.3m, a gain of 34% on the same period of last year. Profits before tax were up 5
Read moreKofax director earns over a million shares
28th Jun 2012 16:22
William Comfort, a Non-Executive Director of Kofax, a provider of capture driven process automation solutions, has received over a million shares in the company in exchange for the redemption of his interest in Conversion Capital Master. Comfort received a consideration of just over 1.1m shares, va
Read moreRandall and Quilter Investment dives on massive impairment charge
19th Apr 2012 12:59
Shares in Randall and Quilter Investment took a dive after the group posted a loss on ordinary activities following an impairment charge, plunging the company into the red. A pre-tax profit (PTP) on activities on 2010 of £7.5m turned to a loss of £4.7m, equal to loss per share (EPS) of 0.9p (2010:
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