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Fri, 26th Apr 2013 13:02
(Alliance News) - European stocks closed off session highs on Wednesday, while equities in New York struggled, after a robust US inflation reading which potentially pushed the first Federal Reserve rate cut of the cycle further into the future.
Read more(Alliance News) - Stock prices in London were higher at midday on Wednesday, despite some nerves centred around the latest US inflation rate reading, out this afternoon.
Read more(Alliance News) - Chamberlin PLC shares fell on Wednesday, after results in its most recent quarter were below expectations.
Read more(Sharecast News) - Castings and machining group Chamberlin said on Wednesday that underlying demand was below internal expectations during Q3, with lower than anticipated sales "negatively" affecting profitability and working capital.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.
Read more(Sharecast News) - Specialist castings and engineering group Chamberlin announced significant changes to its board on Friday, with non-executive chairman Keith Butler-Wheelhouse retiring from the board with immediate effect after 12 years of service.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.
Read more(Alliance News) - Chamberlin PLC shares sank on Tuesday after the company announced it had conducted a fundraise through a discounted placement to strengthen its balance sheet.
Read moreChamberlin PLC - specialist castings and engineering group - Says all resolutions put to shareholders at the company's Annual General Meeting held earlier on Wednesday were passed. Chief Executive Officer Kevin Price says: "I am pleased to report that operational performance in the first half of the financial year has been broadly in line with the board's expectations. The current order books across all three trading divisions are strong and will support performance in the second half of the financial year. Therefore, the board believes the group remains on track to meet market expectations for the year ending May 31, 2024."
Read more(Sharecast News) - Specialist castings and engineering company Chamberlin updated the market on Russell Ductile Castings (RDC), a foundry based in Scunthorpe, on Friday.
Read more(Alliance News) - Chamberlin PLC on Friday said the business had benefitted from high orders, new clients and an increased focus on commercial development.
Read more(Alliance News) - The following is a round-up of earnings and trading updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:
Read moreChamberlin PLC - Walsall, West Midlands-based castings and engineering company - Says castings subsidiary Chamberlin & Hill Castings Ltd secures EUR7.3 million contract with an unnamed European automotive industry components supplier for up to eight years. Notes CHC will supply complex turbocharger bearing housing castings for use in passenger car engines. Adds tooling production will begin this July, while serial production will start in July 2024. Expects serial production to contribute EUR1.1 million in annual revenue.
Read more(Alliance News) - Chamberlin PLC on Friday said it has raise GBP330,000 through a placing of 11.0 million new shares at a placing price of 3 pence per share, as well as an additional GBP30,000 from a subscription.
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