Wed, 01st Sep 2010 11:49
Hampden Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, said it had completed the acquisition of insurance broker Nameco, having received the necessary regulatory approval. Application has been made for the 1.1m new ordinary shares
Read moreProfits and net earned premiums at Hampden Underwriting declined after what its chairman called a "frustrating year", and because of a tough start to the current year, the board decided not to pay a dividend. The group, which provides investors with a limited liability direct investment into the Ll
Read moreGodfrey Davis, the chairman and chief executive of Mulberry, has raised £5.5m from the sale of shares. Davis sold 650,000 shares at 850p each. Shares in fashion products designer Mulberry have risen by more than 500% in the past 12 months. This week, broker finnCap has substantially increased it
Read moreInter-dealer broker ICAP is set to launch a new electronic platform for euro interest rate swaps (IRS) on 6 September, which suggests to ICAP fan Panmure Gordon that dealers are warming to the faceless alternative to telephonic transactions. "Significantly, the initiative has the liquidity support
Read moreShares in Minco surged after the mining firm reported 'excellent' drilling results at its Pallas Green zinc-lead exploration project in Limerick, Ireland. Minco said a hole at the project returned one of the highest zinc and lead assay values received to date. Animation group DQ Entertainment expe
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