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Director general of the UK Government Olympic Executive Jeremy Beeton has bought up shares in Scottish and Southern Energy, of which he is a non-executive director. Beeton, who joined the board on 1 July 2011, has purchased 1,000 shares at 1,325p per share for a total of £12,250. The FTSE 100 co
Read moreIn the good times, Topps Tiles saw as much as a quarter of sales coming from people moving house and upgrading the kitchen and bathroom. Today, the proportion is well below 10%, so it relies on discretionary purchases by existing home owners. Topps shares have now fallen to a level where, after yest
Read morePawnbroker Albemarle & Bond posted a 5% increase in annual pre-tax profit and a 24% rise in revenue as gold prices rocketed. Pre-tax profit rose to £21.0m for the 12 months ended 30 June 2011 compared to £20m the year before. Revenue increased to £101.9m from £82m previously. Chief executive Barr
Read moreCaroline Nish, the wife of Standard Life's chief executive David Nish, has taken more shares in the insurer, spending £100,000. She took 49,335 shares at 201.4p a pop and now has 620,744. In a trading update in April, David Nish said Standard Life had a good start to 2011. "Strong sales across ou
Read moreSecond hand goods retailer Cash Converters International has signed a global strategic alliance with pawnbroker and loans provider EZCORP thatwill help it enter new markets. The two companies will be able to sell each others products through their outlets and eliminate duplicated costs. The invest
Read moreReed Elsevier's 2010 results hit the market with a dull, wet thud. There was little to encourage anyone in a performance as flat as one of its Dutch parent's polders and an outlook statement that made it clear that further recovery would be gradual. Reed says the bulk of its restructuring programme
Read moreShares in Imagination Technologies jumped after the graphics chip technology developer signed a license agreement with European device manufacturer STMicroelectronics. STM will use Imagination Technologies' new 'Rogue' graphics processor in its chip for devices such as smartphones and tablets. The
Read moreCaledonia Mining made a third quarter net profit of C$1.64m, up from C$826,000 a year ago, on revenue up 28% to C$6.33m. It sold 4,934 ounces of gold at an average sale price of US$1,241 per ounce and a cash cost of US$651 per ounce. The Blanket mine ramped up production by 45% as the first standby
Read moreUnilever shares have underperformed of late, although they have started to bounce from recent lows. However, they are still more than £2 below their recent high of £20.15 seen in December. They hit a low of £16.88 at the end of August. The long-term growth will come from emerging markets, where mor
Read moreDavis Service Group finance director Kevin Quinn has increased his stake in the textile maintenance group following a strong performance by the shares since the interim figures one month ago. Shares in Davis had risen by nearly 10% in the past month but they have fallen back today. Quinn acquired
Read moreKBC Peel Hunt was braced for bad news from Game Group but the video game retailer's interim figures were worse than feared, prompting the broker to cut its full year forecasts. "Game Group has announced interim losses of £18.8m, worse than our £14.1m forecast, driven by LFL [like for like] declines
Read moreShares in pawnbroker Albemarle & Bond (A&B) rose by 7% this morning after the company announced strong results for the year ended 30 June. Revenue for the period surged to £82.0m, a 48% increase on the prior-year's figure of £55.5m. Pre-tax profit also jumped 37% to £20.0m from $14.6m. Net debt sto
Read moreThe ambitious expansion plans of Albemarle & Bond should generate profit growth for the pawnbroker but FinnCap thinks earnings per share growth will be restrained in the short term. The company intends to open 25 new stores in 2011, which represents a 19% increase in the size of the retail estate
Read moreInvestors looking to invest in pawnbrokers, currently enjoying a rise in popularity on the back of the strength of gold, will find better value with H&T Group shares than those of its competitor Albemarle & Bond, research firm Equity Development believes. "H&T has had a stellar first half and has t
Read moreFootsie has limped back into positive territory, helped by an about turn by the mining stocks. After spending the morning down in the dumps Rio Tinto is now the best performing mining stock as metal prices head northwards. Fellow mining stocks Xstrata and Anglo American join Rio on the rise but S
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