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CSLTMon, 12th Dec 2011 07:56
Restaurant Group operates the Frankie & Benny's, Chiquito and Garfunkel's brands. It showed good form in the half year to early July, growing adjusted pre-tax profits by 7.7 per cent to £24.6m. The group also grew its sales on outlets open at least a year by 3%, adding it had continued this momentum
Read moreCosalt appointed a new management team as half year losses nearly tripled and challenging trading continues. The group, which provides lifting services in the UK and Norwegian sectors of the North Sea, named Trevor Sands as chief executive officer and Dolores Douglas as chief financial officer. T
Read moreShares in location-based software company 1Spatial rose as revenue is expected to be ahead of expectations. The group says that the government's spending review resulted in a delay in the awarding of contracts but normal business has resumed and the "pipeline is looking strong." Interim figures will
Read moreA good early performance from Wall Street helped Footsie snap out of a weak spell to close in positive territory. US shares were boosted by a bigger than expected rise in factory output in October. The Institute for Supply Management's manufacturing index rose to 56.9 last month. Analysts thought
Read moreFootsie pulled out of its late morning slump over the lunch time session to move firmly back into positive territory, though investors are still reluctant to commit too heavily ahead of tomorrow's mid-term US elections, and the quantitative easing decisions expected this week from the Bank of Englan
Read moreCosalt leads the general industrials sector higher after the struggling provider of safety equipment to the oil industry confirmed this morning it has received an approach for its marine business. Elsewhere in the sector, Smiths Group is going well on hopes the latest Al Qaeda bomb threat will incr
Read moreFootsie has failed to rediscover its early-morning buoyancy and sits in the blue by a few points. Among the laggards is Serco. The company, which carries out work for the government such as operating prisons and London's Docklands Light Railway, has taken a knock after it was forced to make a grove
Read moreHigh demand for banks and miners got the week off to a good start, offsetting weakness in the outsourcing sector. Banks are going well as trading updates loom. Lloyds Banking Group is getting ready for tomorrow's statement with a 2% jump, while Royal Bank of Scotland and HSBC are also making up gr
Read moreCosalt, the struggling provider of safety equipment to the oil industry, confirmed this morning it has received an approach for its marine business. "These discussions are not sufficiently advanced for there to be any certainty that a transaction would be concluded or as to the price and other term
Read moreBusinesses have condemned an "appalling" £1bn a year green stealth tax that will add 11% to the energy bills of British companies. About 5,000 large and medium-sized companies with bills of more than £500,000 per year will be hit by the new tax. George Osborne, the Chancellor, did not mention the le
Read moreOil support and fire services specialist Cosalt expects to complete an inquiry into the problems at its offshore division by mid-October. Mark Lejman, group chief executive, has taken over the running of the offshore division following the suspension of Calum Melville, its previous head. "We are c
Read moreCosalt, a provider of safety equipment to the oil industry, has lost a quarter of its value after the head of its Offshore division was suspended from day to day duties. The company, which makes things like lifejackets, First Aid gear and fire extinguishers, said Calum Melville had also resigned as
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SCANCELL HOLDINGS PLC (SCLP.PM), a biotechnology company, Tuesday said it aims to sell itself to a drug maker if its experimental cancer vaccine is succe
Read moreBy Iain Packham Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Cosalt PLC (CSLT.LN) said Tuesday it expects its new joint venture company--Cosalt wind Energy Ltd--to generate GBP1.5 million of new revenue in 2011, generating a deferred payment of GBP430,000 to APRO. In an interview with Dow
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ARGOS RESOURCES LTD., an oil and gas explorer focused on the Falkland Islands, Tuesday said it agreed to raise GBP22 million in an admission to London's
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