Frp Advisory Group Share News (FRP)

Fairpoint Signs New Bigger Banking Facility For GBP20 Million

LONDON (Alliance News) - Financial services business Fairpoint Group PLC Wednesday said that it has signed a new bigger banking facility for GBP20 million with AIB Group UK PLC. The company, which provides advice and solutions to financially stressed consumers, said the new enlarged banking

Fairpoint Group partners with AIB to acquire 20m pound banking facility

AIM-listed financial services firm Fairpoint Group has signed a joint agreement with Allied Irish Banks (AIB) to acquire a new 20m pound banking facility. The group's new facility compromises an £8m term loan which will be used to finance the initial cash consideration. The acquisition was announce

Fairpoint To Buy Simpson Millar Solicitors For Up To GBP15 Million

LONDON (Alliance News) - Fairpoint Group PLC Wednesday said it has reached an agreement to acquire Simpson Millar LLP Solicitors in a deal worth an initial GBP9 million in cash and shares, with a further earn-out consideration of up to GBP6million. The provider of advice and solutions to fi

CORRECT: UK MORNING BRIEFING: Rolls-Royce Secures New US Defense Contract

(Correcting the name of the Australian company acquired by Ladbrokes last year.) LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday.

Among corporate newsmakers at the open, Rolls-Royce

UK MORNING BRIEFING: Rolls-Royce Secures New US Defense Contract

LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday.

Among corporate newsmakers at the open, Rolls-Royce Holdings PLC said it has won a USD100 million contract from the US Department

Fairpoint Reports Lower 2013 Profit After VAT Benefit In 2012

LONDON (Alliance News) - Fairpoint Group PLC Thursday reported a decline in 2013 pretax profits, after 2012 revenue was boosted by a VAT refund. The AIM-listed financial services business, which focuses on advising people in financial trouble, reported a GBP5.9 million pretax profit in 2013

Fairpoint Group reports drop in annual revenue on weak IVA market

Financial advisor Fairpoint Group reported a drop in annual revenues, as less people applied for individual voluntary arrangements (IVA). Revenue fell to £28.4m in the year ended December 31st 2013, from £29.9m. The company said it was a "subdued" year in the market for IVAs, a formal repayment pro

Fairpoint Finds New Chairman With Harrel To Succeed Peacock

Fairpoint Group unveils hike in annual profits

UK financial advisor Fairpoint Group recorded an 87 per cent rise in annual pre-tax profits Thursday as diversified activities pushed revenues higher. The provider of solutions to financially stressed consumers said adjusted profit before tax for 2012 came to £7.6m, compared to £4.0m reported a yea

Fairpoint Group returns to profit

Debt advisor Fairpoint Group reported a first half profit compared to a loss the same half a year earlier helped by a strong recovery at its IVA services division and as it continued to diversify its income streams. The group reported a pre-tax profit of £2.1m in the six months ended June 30th 2012

Arden Partners COO buys shares after disappointing results

Steve Wassell, the Chief Operating Officer of stockbroker Arden Partners, purchased 195,000 in the stockbroker through his self-invested personal pension on Thursday. Wassell bought the shares at 43.50p each for a total of £84,825, increasing his stake in the company to 373,743 shares, equal to aro

Small caps round-up: Plastics Capital, Vislink, Westminster Group ...

Plastics Capital, a niche platics products group, has said it expects its result for the full year to 31 March 2012 will be in line with market expectations, despite sales continuing to be affected by the aftermath of the Thai floods. The firm said profit margins have remained good, cash flow has be

WH Smith director goes to the till

Jeff Harris, a Non-Executive Director at WH Smith, purchased 10,000 shares in the stationery and book retailer on Friday, one day after the firm's interim results. Harris, currently the Chairman of FTSE 250 speciality plastic and fibre products supplier Filtrona who joined WH Smith's board in June

London close: Stocks slump as euro debt worries continue

The top share index was nursing triple-digit losses by the close of play as the eurozone debt crisis continued to rumble on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of

Axis-Shield finance chief buys

Ronny Hermansen, the finance director of diagnostics firm Axis-Shield, has invested £31,000 in the company. Hermansen has acquired 10,000 shares at 313.5p each, which takes his stake to 113,498 shares. Axis announced a maiden dividend of 1p a share when it released its 2010 figures last week. Th