London afternoon: Sunny side up for London
5th Oct 2010 14:10
Winners outnumber losers by about three to one among FTSE 100 constituents as London participates in the advance of global stock markets following the Bank of Japan's decision to cut its benchmark interest rate. Sentiment has also been given a boost by reports of growth in activity in the services
Read moreLondon midday: Kazakhmys chairman sells 11%
5th Oct 2010 12:10
Footsie clung on to modest gains throughout the morning session but trading volumes have been light, with investors keeping their powder dry ahead of Thursday's announcement from the Bank of England about quantitative easing. Sentiment was given a boost by reports of growth in activity in the servi
Read moreLondon open: Early gains for blue chips
5th Oct 2010 08:51
Blue chips have moved up gently in the first hour helped by reassuring trading updates from Tesco and TUI Travel. Supermarket giant Tesco's first half profits surged 12% despite sluggish underlying sales in the UK. Pre-tax profits rose to £1.6bn in the half year to August on sales up 8.3% to £32.9b
Read moreEddie Stobart drinks to 'major' Britvic deal
5th Oct 2010 07:32
Stobart Group's fleet of distinctive green lorries will be delivering soft drinks around the UK after it won a "multi-million pound" contract with Britvic. The company's Eddie Stobart unit has agreed commercial terms for a "major" new three-year distribution deal, the largest ever awarded by Britvi
Read moreStobart JV buys AHS Energy
16th Jul 2010 09:54
Stobart Biomass Products, a joint venture between logistics group Stobart and Mr A.W. Jenkinson, has acquired certain parts of Sussex-based Amenity Horticultural Services (AHS), a leading UK manufacturer and supplier of woodchip biomass fuel for renewable heat to commercial and domestic users. The
Read moreStobart's Biomass Joint Venture Buys Woodchip Firm For GBP2M
16th Jul 2010 07:27
LONDON (Dow Jones)--U.K. logistics and transport group Stobart Group Ltd. (STOB.LN) said Friday its joint venture firm Stobart Biomass Products Ltd. has acquired Sussex-based Amenity Horticultural Services Ltd. for around GBP2 million cash, in a move that will see it enter the renewable heat market.
Read moreStobart sells shares in family company
23rd Jun 2010 16:59
William Stobart sold 750,000 shares in transport group Stobart Group just in time to take advantage of the old capital gains tax regime. The sale at 145p a share raised £1.09m for Stobart, who is chief operating officer of Stobert Group. This disposal will attract capital gains tax at the rate of
Read moreUK SMALLCAP ROUNDUP: GW Pharmaceuticals Wins Sativex Approval
18th 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 GW PHARMACEUTICALS PLC (GWP.LN), a drug developer, Friday said it received a license for its cannabis-derived multiple sclerosis medicine Sativex from th
Read moreUK SMALLCAP ROUNDUP: Small Cap Fundraising Gets EU Boost
18th 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 Small-cap investors Friday welcomed changes set to make fundraisings and rights issues by small and mid-cap companies simpler and cheaper after the Europ
Read moreStobart Group Current Trading In Line With Expectations
18th Jun 2010 11:26
LONDON (Dow Jones)--Stobart Group (STOB.LN), a provider of multimodal transport logistics solutions, announced Friday for the period from March 1 to date, it has made a solid start to the year and is trading in line with expectations. MAIN FACTS: -During the first quarter, volumes have shown
Read moreStobart Group Declares 2.0P Dividend
17th Jun 2010 10:41
LONDON (Dow Jones)--Stobart Group Limited (STOB.LN), a multimodal transport and logistics solutions company, announced Thursday a dividend of 2 pence per Income Share. MAIN FACTS: -The Dividend is payable to Investors on record on Jun. 25, has an XD date of Jun. 23, and will be paid on Jul.
Read moreThursday tips round-up: Barratt, Genus, Centrica
13th May 2010 06:05
Competition for land in the South ? towards which Barratt Developments has tilted its axis ? is getting fierce, and the impact of deficit-reduction measures in a country in which one in five works for the State is unclear. At 123¼p, up 6¾p, there should be better times to buy, according to the Times
Read moreSmall caps round-up: Aurelian, Cineworld, Greggs...
12th May 2010 12:36
Eastern Europe focused oil and gas explorer and producer Aurelian today reconfirmed "steady" progress against all targets set out in October's strategy document. "We are on track to spud our first two high impact wells in line with our milestones; in June we commence the drilling of the first multi
Read moreLondon close: Market unmoved by Budget
24th Mar 2010 16:49
The blue-chip index finished marginally higher after a Budget that was light on bells and whistles While there was little in the Budget to excite anyone other than first-time buyers, cider drinkers and British occupants of Dominica, Grenada and Belize, the corporate news scene was busy, with half
Read moreStobart ties up biomass deal
24th Mar 2010 14:22
Logistics group Stobart has taken a controlling interest in newly formed Stobart Biomass Products together with AW Jenkinson Forest Products, the largest supplier of wood related biomass in the UK. Under the terms of the deal, Stobart will take a controlling interest in the new venture for £30m co
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