IIT.L Share News (IIT)

UK MORNING BRIEFING: Babcock Leads FTSE 100 Lower On Rights Issue

LONDON (Alliance News) - Shares have opened lower Thursday following a weak close in NY on Wednesday.

Babcock International is leading the FTSE 100 lower after announcing a GBP1.10 billion rights issue to fund the GBP920 million acquisition of helicopter firm Avinci

The Independent Investment Trust Total Return Beats Only One Benchmark

LONDON (Alliance News) - The Independent Investment Trust PLC Thursday reported a net asset value total return of 20.2% for the financial year ended November 30 2013, outperforming one benchmark but underperforming another. Its share price total return for the year was 29.8%, led by a narro

Independent Investment Trust Returns 20% But Chairman Downbeat

LONDON (Alliance News) - The Independent Investment Trust PLC Friday said it gave a 20.2% total return over the course of the year, but Chairman Douglas McDougall said the trust had failed to make best of buoyant markets. The trust made a GBP25.7 million gain on investments for the year end

DIRECTOR DEALINGS: Independent Investment Trust Manager Buys Shares

DIRECTOR DEALINGS: Independent Investment Trust Director Transfers Shares

Independent Investment Trust Net Asset Value Declines

Three directors buy up shares in Aga Rangemaster

Shaun Smith, the Finance Director of cooker maker Aga Rangemaster, has bought 16,090 shares in the firm, on the same day the company revealed a rise in operating profits despite falling revenue. Smith purchased the shares at 87.00p each for a total of £13,998. The Chief Executive, William McGrat

Independent Investment Trust outperforms UK market

The Independent Investment Trust (IIT) increased its net asset value by 20.3% to 234.5p a share in the year to November 2010. That compares with an 8% rise in the FTSE All Share index. The outperformance has been thanks to a cautious approach which combines defensive investments and cash in the ba

Independent Investment Trust 1H NAV At 196.3 Pence

LONDON (Dow Jones)--Independent Investment Trust PLC (IIT.LN) reported Friday, for six months ended May 31, a total return of 4.8%, which compares with a total return notionally attributable to the FTSE All Share Index of 2.7% and said its net asset value rose marginally over the period to 196.3 pen

Independent Investment Trust Buys Back 125,000 Shares/168P

LONDON (Dow Jones)--Independent Investment Trust PLC (IIT.LN) said Wednesday that on June 29, it bought back 125,000 of its shares at 168p each. Shares at 0915 GMT unchanged at 170 pence valuing the company at GBP104.35 million. -By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walk

Independent Inv. Trust NAV surges 6.5%

Independent Investment Trust, which invests primarily in UK equities, outperformed the FTSE All-Share index in the three months to the end of February. The company’s net asset value (NAV) total return in the three months to 28 February was 6.5% versus a total return on the All-Share index was 4.0%.