ABM.L Share News (ABM)

Albemarle & Bond suspends shares after lenders fail to back shake-up

Struggling pawnbroker Albemarle & Bond has asked for the suspension of its shares after its lenders refused to back a management turnaround plan for the business. Albemarle, which has taken a hit from falling gold prices, said it had asked for the suspension on the AIM market because it needed to c

Sunday newspaper round-up: WM Morrison, BP, Barclays

WM Morrison is preparing to announce aggressive price cuts and 500m pounds of property sales this week, the Sunday Times reported. The price cuts aim to take on Aldi and Lidl, the German chains whose prices have lured MM Morrison customers. The £500m of property sales out of a total portfolio of £10

UK MIDDAY BRIEFING: Stocks Falling Again, Vodafone, BG Group Lead Way

LONDON (Alliance News) - The global equities sell-off has continued Monday ahead of the Federal Reserve's next decision on whether to knock a further slice off its economic stimulus package, while negative news about Vodafone and BG Group are also weighing hea

UK WINNERS & LOSERS: Ofwat Lifts Severn Trent, United Utilities

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.

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FTSE 100 - WINNERS

Severn Trent, up 1.5%, and United Utilities, up 0.9%. The gains follow th

Albemarle & Bond shares plunge after sale talks end

Struggling pawnbroker Albemarle & Bond has ended talks to sell the company, causing its shares to lose more than half their value in early trading on Monday. Albemarle, which has taken a hit from plummeting gold prices, had put itself up for sale and was eyed by rival H&T, its own biggest sharehold

Albemarle & Bond Halts Formal Sale Process, Warns On Share Value

LONDON (Alliance News) - Struggling pawnbroking business Albemarle & Bond Holdings PLC Monday warned its shareholders that there may be little residual value left in its shares, after it terminated its formal sale process, claiming none of the proposals it had received represented a fair value fo

Monday newspaper round-up: Retail sales, Land Securities, George Osborne...

Christmas failed to light up the high street, with figures today pointing to an "underwhelming" December for many retailers. Releasing its latest sales tracker, accountancy firm BDO said overall like-for-like sales among UK "mid-market" retailers were down 2.2 per cent year-on-year. Last minute pres

PRESS: Albemarle & Bond Chairman Gets Bonus - The Times

Sunday newspaper roundup: retail shorts, Albemarle & Bond, house prices

Investment funds have bet against top retailers amid expectations of disappointing sales, the Sunday Times reported. Hedge fund Marshall Wace almost doubled its short position in Debenhams to almost 1% two days before Christmas from early December. Black Rock took a big short stake in Marks & Spence

Friday newspaper round-up: US budget, JPMorgan, RBS...

A US budget deal hailed as lifting the cloud of political dysfunction hanging over the world's largest economy cleared the House of Representatives with overwhelming support on Thursday evening, as leaders of both parties quashed dissent within their ranks. The legislation was passed by a margin of

Albemarle & Bond profit tumbles

- Full-year profit sinks - Gold prices down 23 per cent during the year - Managing within its current banking facilities Albemarle & Bond said full-year profit fell sharply, in what it described as a 'particularly challenging year for pawnbroking' as gold prices slid 23 per cent, volumes reduced an

Albemarle & Bond Warns That Trading Still Deteriorating

AIM IN BRIEF: Albemarle & Bond Sees No Signs Of Recovery

UK WINNERS & LOSERS: Next Jumps, Pearson Slumps After Contrasting Statements

Albemarle & Bond Holdings Gets Longer Extension Of Covenant Test Date