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Retailer Flying Brands blamed winter weather, a drop in profits at the garden business and bigger losses at the gifts unit for a plunge in profit during 2010. The garden division saw profits fall to £1.34m from £1.81m, while the gifts business lost £0.81m compared with £0.21m a year ago. Winter wea
Read moreSmall cap-focused trust Henderson Smaller Companies achieved a total return of 22.1% for the half-year to 30 November, putting the benchmark index - up 12.7% - in the shade. The trust, which increased total pre-tax profit from £37.9m to £42.6m, said it expects the markets to remain "choppy", but t
Read moreFinancial administration services provider Jarvis Securities cheered the increased volatility in stock markets in the first half of the year as it contributed to an improved performance. Average daily trade volumes were up 62% on the first half of last year while client numbers at the end of June s
Read moreLONDON (Dow Jones)--Jarvis Securities PLC (JIM.LN), an investment services company, said Thursday that for the six months ended June 30, it made a pretax profit of GBP0.8 million on revenue of GBP2.5 million. MAIN FACTS: -Revenue GBP2.5 million (2009: GBP2.3 million) -Pretax profit GBP0.
Read moreFootsie's morning gains evaporated over the lunchtime session after much worse than expected US sales figures were released. US retail sales had been expecting to rise 0.3% in May after climbing 0.4% in April but instead of rising they took a step back for the first time since September, falling 1
Read moreJarvis Securities is at its highest in over three months after the retail stockbroker did a deal to provide a branded execution-only share dealing services for mobile media firm Worldlink Group. Tunbridge Wells-based Jarvis says the deal with Frankfurt-listed Worldlink offers it "an enormous opport
Read moreLONDON (Dow Jones)--Jarvis Securities PLC (JIM.LN) said Friday a commercial agreement has been signed with Worldlink Group PLC (WLO.XE), a company involved in the interactive mobile media industry, for the provision of branded execution-only share dealing services. MAIN FACTS: -Worldlink is
Read moreShares in Jarvis Securities shot up on Monday after the stockbroking firm said that the significant growth seen in its retail stockbroking business last year continued in the first quarter of 2010. Trade volumes were up 71% year on year while active client numbers at the end of March 2010 stood 44%
Read moreChief executive Douglas McGay's shareholding in Mongolian oil explorer Petro Matad has reduced by 1.8m shares. McGay has an interest in Investec Sino Corporation which sold 800,000 Petro Matad shares for 30p each, thereby raising £240,000. He has transferred his interest in Titoni Corporation, whi
Read morePeter Hickson, the chairman of print management and data analysis services provider Communisis, is buying shares following yesterday's results. A downturn in spending on direct mail promotions hit Communisis in 2009 and it cut its final dividend from 1.635p a share to 0.43p a share. The total divid
Read moreTelecoms services provider Alternative Networks reported lower revenues and profits as its small business customers spent less. Revenues fell 4% to £89.7m. Cutting £1m from operating costs helped to reduce the effect on profits, although lower interest rates hit interest income. Underlying pre-tax
Read moreXstrata chief executive Mick Davis has sold 1m shares in the mining giant. Davis acquired these shares by exercising options - 877,955 shares at 217.32p a share and 122,045 at 239.11p a share. The total cost of these shares was £2.2m and they were sold for a profit of nearly £8m. Davis retains 1.3
Read moreShares in Horizonte Minerals, which mines for gold in Brazil and Peru, jumped after it gave a positive update on its Tangara gold project in Brazil. Drug-device combination products developer Biocompatibles has received a milestone payment after Eisai exercised its option to license Biocompatibles'
Read moreShares in Jarvis Securities gained on news that the stockbroker secured a five year contract with one of the UK's largest Building Societies to provide a complete white-labelled solution for their share dealing services. Jarvis said the deal will have a material positive impact on the company's fin
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