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Dow 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 FIRST PROPERTY GROUP PLC (FPO.LN), a U.K. property fund manager, Wednesday posted a 28% fall in fiscal 2010 pretax profit but said its earnings are set t
Read moreThe blue-chip index has limped back into the blue despite the weakness of oil stocks. Around three quarters of the market-value weighted index's constituents are higher but with heavy hitters BP, Shell and BG in the red the Footsie is struggling to make headway. BP investors are concerned by the ve
Read moreLONDON (Dow Jones)--F&C Asset Management PLC (FCAM.LN), an asset management company announced Wednesday, its F&C Investment Business Limited, a wholly-owned subsidiary, has received notice from the Board of FCPT of the termination of its contract to manage FCPT. MAIN FACTS: -The notice perio
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 AFNAT RESOURCES LTD. (AFNR.LN), an Africa-focused nickel, zinc and uranium miner, Wednesday said it agreed to enter a joint venture with mining giant Rio
Read moreLondon's blue chips have opened firmer after yesterday's rebound by Wall Street. Royal Bank of Scotland is going well on a report in the FT that the state-owned bank has drawn up a shortlist for two key businesses that are expected to fetch about £4bn. BP, though, is lower with investors still con
Read moreUK Commercial Property Trust and F&C Commercial Property, two of the UK's largest commercial property investment trusts, are merging to form the sixth largest UK listed property company. The new company will have a market capitalisation of approximately £1.6bn, with the merger expected to enhance t
Read moreLONDON (Dow Jones)--Two U.K. commercial property trusts Wednesday said they agreed to merge in a deal that will create a property company with a portfolio worth GBP1.6 billion. F&C Commercial Property Trust Ltd. (FCPT.LN) and UK Commercial Property Trust Ltd. (UKCM.LN) said the enlarged trust wi
Read moreProperty investor F&C Commercial Property Trustdelivered total returns of 6.0% in the first quarter of 2010, "a strong out-turn but lower than the record 10% seen in the previous quarter," the company said. Net asset value per share, calculated under International Financial Reporting Standards (IFR
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