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Environmental investment manager Impax Asset Management hit new highs Monday on news pre-tax profit more than doubled to £5.2m in the 12 months to 30 September - £1m from the redemption of a loan note helped - on revenue up 48% to £15.3m. Assets under management rise 44% to £1.82bn and has hit £2.
Read moreOmega Insurance Holdings has confirmed press speculation that it has received an unsolicited bid approach from Canopius Group. Canopius is proposing a cash plus shares offer for Omega. Last Friday Omega increased its estimate of the loss is likely to suffer from the New Zealand earthquake from $6.
Read moreProperty developer Quintain Estates' most recent trading update, for the half year to 30 September, indicated strong progress in the last six months towards its key milestones for the financial year. At the same time, Quintain unveiled plans for the London Designer Outlet at Wembley City. The 350,
Read moreShares were on balance slightly lower as trading closed, with investors continuing to pause for breath following the strong gains seen last week on the back of the renewal of quantitative easing in the US. Rolls-Royce was a late riser after the aero-engineer said it was making progress n its invest
Read moreThe Footsie drifted lower over the lunchtime session, hitting a new low for the day, as the afterglow of the Fed's quantitative easing boost begins to fade. There was also an element of caution ahead of this week's Group of 20 meeting in South Korea. It's been an unusually busy Monday for company r
Read moreChinese citrus fruit plantations owner Asian Citrus has managed to bump up prices by about 9% in its annual winter crop negotiations. The group, voted international company of the year 2009 on the AIM market, will supply a total of 140,280 tonnes of winter oranges in the second half of 2010 which i
Read moreAsian Citrus director Pang Yi has bought an initial shareholding in the China-based orange grower. Pang Yi is the deputy general manager of the Hepu plantation, which is the most fully developed plantation in the group. AIM-quoted Asian Citrus has two main plantations, at Hepu and Xinfeng. It has
Read moreCheung Wai Sun, an executive director Asian Citrus, the largest orange plantation owner in China, has pocketed more than £6.7m from a share sale. He sold 60,000 shares at HK$9.34 (75.5p) and 30,000 at $9.25. He still has options over 1.32m shares. Asian Citrus has two plantations, one of about 30.
Read moreThe boss of Rolls-Royce's US operations has sold nearly £1m worth of shares. James Guyette has been on the board of the aerospace firm since 1998 and before that he was a vice president at United Airlines. Guyette has sold 164,689 shares - just over one-third of his holding - at 605.55p a share,
Read moreOrange grower Asian Citrus reported bumper profits last year as a ripening of new fruit-bearing trees boosted sales and margins. The China-based group lifted pre-tax profits to June by a third to RMB587.3m, from RMB442.3m the previous year. Underlying profits jumped by 21.5% to RMB281m, matching
Read moreChip designer ARM's chief executive and finance director have both sold shares following a 143% increase in the share price over the past year. Chief executive Warren East sold 140,000 shares at 321.03p each, which raised just over £449,000. East joined ARM in 1994 and he has been chief executive
Read moreLand Securities finance director Martin Greenslade has been adding to his shareholding. He bought 11,000 shares at 612.4p each. This £67,000 investment took his stake to 470,029 shares. Chief executive Francis Salway and London Portfolio MD Robert Noel have also been buying in recent weeks. Gr
Read moreOranges producer Asian Citrus reported sharply improved interim results thanks to a strong harvest at its Xinfeng plantation. Revenues grew 36% to RMB 398m in the six months to December 2009. The second half of 2009 was a bit warmer than usual and the company had to spend more on pesticides to kee
Read moreEuropa Oil & Gas is up after starting drilling at the Hykeham-1 exploration well on the PEDL150 licence near Lincoln in the East Midlands. The well is testing the potential for up to 20 million barrels of oil in place in two target horizons. Target depth of just over 1,000m is expected to be reache
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