Chamberlin Plc Share News (CMH)
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Fri, 26th Apr 2013 13:02
Shares in Chamberlin plummeted after the engineering and foundry group warned full year profits would be materially below expectations. It said the first half of the financial year had been "tough" especially at its foundries in Leicester and Scunthorpe after an expected recovery in demand in their
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The FTSE Small Caps Index is up 0.1 percent in early session trading while the FTSE Aim All-Share Index is flat, with both underperforming a 0.3 percent rise in the blue-chip FTSE 100 index while the FTSE 250 mid-cap index is up by 0.3 percent. Chamberlin, a specialist foundry and engineeri
Read moreShares of engineering firm Chamberlin sank after it warned pre-tax profits are expected to come in below current market forecasts for the full year as market conditions in several of is sectors softened materially. "At half year results, we reported that there were uncertainties to the general econ
Read moreCastings and engineering group Chamberlin announced on Monday that its Chairman has topped up his stake in the company twice over the couple of weeks. Keith Butler-Wheelhouse acquired a total of 44,500 Chamberlin ordinary shares through his family trust, BW Family Limited (BWFL), representing 0.56%
Read moreDr Richard Steeves, the Chief Executive Officer of Synergy Health, a provider of outsourced sterilisation services, bought himself a round of shares on the same day the firm admitted headline growth in the first quarter had been held back by currency translation with the devaluation of the euro. T
Read moreTechnology group Biome has seen significant positive developments in the patent litigation cases currently being heard against its joint venture company, Biotec. The claims, which are being made by Italian company Novamont, are for infringement of the French and Italian designations of a number of N
Read moreEngineering firm Chamberlin said revenue and earnings are now at higher levels than they were before the recession bit in the last decade. Exports drove revenue growth, with turnover up 14% to £45.5m in the year to March 31st from £39.8m the year before. That was a shade below the £46m expected by
Read moreChamberlin: Charles Stanley maintains buy rating and 175p target. easyJet: Investec upgrades from hold to buy, target hiked from 500p to 670p. HomeServe: Charles Stanley cuts target from 290p to 250p, rating under review; Jefferies maintains underperform rating and 195p target. Inmarsat: UBS cut
Read moreSenior: Credit Suisse keeps at neutral, raises target to 175p from 165p. Icap: Credit Suisse keeps at outperform, lowers target to 420p from 510p. G4S: HSBC upgrades to overweight from neutral. Rio Tinto: UBS cuts target from 6,000p to 5,650p, buy rating kept [28 November]. BP: Nomura keeps neut
Read moreInvestors are generally holding their fire ahead of this afternoon's Autumn statement from the Chancellor of the Exchequer, George Osborne. The Footsie gives back a few of the gains made yesterday, largely as a result of the weakness of miners, while banks are also off the boil. PUTTING ON A SHOW
Read moreSpecialist castings and engineering group Chamberlin said half yearly revenue rose by a quarter and it expects full year results to be in line with current market forecasts. Revenues rose to £23m for six months ended 30 September 2011 from £18.3m a year earlier. The maker of safety and security pr
Read moreCastings and engineering group Chamberlin said trading in the first half of the financial year has been in line with management forecasts. The group, which makes metal products such as door handles and steering wheel components, said order flow across core foundry activities has reflected predicte
Read moreShares in Chamberlin, which makes metal products such as door handles and steering wheel components, moved higher after it returned to profit in the six months to September 30 as sales moved back towards pre-economic crisis levels. The company posted a pre-tax profit of £91,000 for the period, agai
Read moreBlinds specialist Titon's revenues for the 3 months to June were 19% higher than the corresponding period last year, with UK sales 15% higher and the rest of the world 37% higher. Growth in the UK came from higher sales of mechanical ventilation systems. There were also increased sales volumes in
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