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Footsie finished the morning little changed despite a strong showing from the mining sector. Mining giant BHP Billiton is higher after saying it has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts. The renegotiated contracts cover the majority of B
30 Mar 10 12:01Book publisher Bloomsbury posted a drop in annual pre-tax profit but raised its dividend and said trading in 2010 had been excellent, helped by bestsellers such as Ben McIntyre's Operation Mincemeat. Pre-tax profit fell to £7.1m for the year ended 31 December 2009 compared to £11.6m the year befor
30 Mar 10 08:26Harry Potter publisher Bloomsbury said trading over 2009 matched expectations as it reaped the benefits of a host of new titles. New releases included books by the TV chefs Hugh Fearnley-Whittingstall and Heston Blumenthal and novels by William Boyd and Kate Summerscale. Sales of the box set of t
14 Jan 10 09:17Harry Potter publisher Bloomsbury said trading overall is in line with management expectations, although full year results are still dependent on demand levels between now and the end of the year. In the publisher's update from 1 July 2009 to date, it said whilst it continues to focus on managing
15 Oct 09 08:27Lloyds Banking Group is weighing up several alternatives to joining the government's asset protection scheme (APS), which may include a rights issue as well as the sale of Scottish Widows, says the FT. Tony Ball has become an unlikely frontrunner for the chief executive's job at ITV, as doubts emer
28 Aug 09 06:05The absence of a new Harry Potter book this year contributed to a slide in profits at Bloomsbury but the books publisher claimed underlying growth was strong. Profit before taxation in the first half of 2009 tumbled to £1.8m from £5.4m a year earlier on revenue that declined to £35.3m from £42.1m.
27 Aug 09 11:52Book publisher Bloomsbury has agreed to buy Tottel Publishing for £9.96m in cash on a debt free basis. Tottel, an independent professional and academic publisher in the UK and Ireland, will be renamed Bloomsbury Professional upon completion. For the 12 month period ended 28 February, Tottel genera
1 Jul 09 16:06Footsie suffered a triple digit fall today with virtually all blue-chip stocks except defensive favourites such as utilities having their foot jammed hard down on the reverse pedal. Resource stocks led the decline as metals and oil prices moved lower. Platinum miner Lonmin was the weakest stock in
15 Jun 09 17:09The market moved sideways over the lunch-time session, with the Footsie remaining deep on the red, despite a more upbeat assessment of the economy's prospects from the CBI. The employers' organisation reckons the UK could be out of recession by the end of the year, but any better sentiment was almo
15 Jun 09 14:32Publisher Bloomsbury is being sued by the estate of English children's writer Adrian Jacobs over claims that JK Rowling copied his work in one of her Harry Potter books. It believes Rowling used "substantial parts" of Jacobs' "The Adventures of Willy the Wizard-No 1 Livid Land" in "Harry Potter and
15 Jun 09 12:35London closed lower after a lacklustre afternoon session with losses on properties and travel companies outweighing gains on miners. Shocking figures from property giant Land Securities on Wednesday still cast a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lowe
15 May 09 16:29London continues its gentle downward drift, with losses on properties and travel companies outweighing gains on miners. The market seems unlikely to get any sort of lift from Wall Street which is expected to open moderately weaker. Shocking figures from property giant Land Securities on Wednesday
15 May 09 14:10Weak properties and oils have pitched the Footsie into the red, despite the continued strength of banks and miners. Shocking figures from property giant Land Securities on Wednesday are still casting a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lower but Hammer
15 May 09 12:15Banks have helped Footsie make a bright start with reports that Barclays is considering new offers for its iShares arm boosting the whole sector. Barclays may backtrack on a deal to sell its iShares unit to CVC, the private equity group, and instead offload its entire asset management division for
15 May 09 08:48Book publisher Bloomsbury has issued a mixed trading statement, with the UK and US trading well but German operations experiencing difficulties. The company said that, while UK retailers are returning more books than anticipated trading is in line with expectations. The US business is in line with
15 May 09 07:04
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