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Heavily indebted newspaper publisher Johnston Press has reporting 'challenging market conditions' although it expects full-year operating profit performance for 2012 to be broadly in line with current market expectations. It said: "Provided that the trading environment does not deteriorate further,
Read moreMedia group Johnston Press said profit before tax and non recurring items almost halved in the first half of 2012 as print advertising revenues slumped. The owner of The Scotsman and Yorkshire Post said adjusted pre-tax profits fell to £8.06m in the 26 weeks ended 30 June 2012 from £15.7m the same
Read moreShares Atlantic Coal, the AIM-listed miner focused on Pennsylvania, USA, jumped 11% in early trading after it reported a positive production update from its Stockton Colliery. In the three months to the end of June the company saw an 18.8% increase in clean coal production compared to the first quar
Read moreGames Workshop Group has said that it will pay a dividend of 16p per share. The firm also revealed that pre-tax profits for the year to June 3rd are likely to be ahead of current market expectations, having previously told investors that trading during the first four months was in line with expectat
Read moreNicolas Sarkozy has promised to hold a referendum on Europe's fiscal pact, dealing a hammer-blow to Angela Merkel's "non-negotiable" plans to impose austerity on the Eurozone. The French president, who is struggling in his bid to be re-elected, said he intended to insert the "balanced budget" rule i
Read moreJohnston Press released its delayed full year results and they were not worth waiting for, as a slump in advertising revenues led to a collapse in profits. The owner of The Scotsman and Yorkshire Post newspapers had put back the release of its results because it had been busy negotiating with its l
Read moreMadrid is plotting to strip Spain's regions of their powers in a radical bid to convince global investors that the nation can control its finances. Officials said Madrid was ready to intervene if the regions continued to bust their budgets and hamper the central government's austerity drive. Spain's
Read moreShares in the troubled owner of The Scotsman and Yorkshire Post, Johnston Press, have dropped dramatically after the company announced a delay in publishing its preliminary results. Johnston has moved the date from April 3rd to April 25th. In the same announcement the firm says it has been in "con
Read moreFashion brand Burberry has undoubtedly been one of the success stories of the last decade, and broker Charles Stanley thinks the good run is set to continue with Tuesday's interim results. The broker is going for sales of £830m, up from £641m at the interim stage last year, while profit before tax
Read moreJohnson Service Group, the dry-cleaning, textile rental and facilities management business, has won a contract to manage facilities for Johnston Press, the publisher of the Scotsman and Yorkshire Post newspapers. Up to 130 employees of Johnston Press involved in security, catering, cleaning, buildi
Read moreInterContinental Hotels (IHG) was the toast of investors yesterday after it delivered a buoyant performance in the US, which accounts for about two-thirds of its profits. For the quarter just ended, IHG registered a 35% rise in operating profits to $112m. Total revenues jumped by 9% to $396m over th
Read moreJohnston Press, the publisher of the Scotsman, the Yorkshire Post and a host of more localised newspapers, is planning to implement cost savings to cope with increased newsprint prices. Prices are "significantly higher" than last year and the company is eyeing savings of £5m this year, it says. It
Read moreJohnston Press chairman Ian Russell has nearly doubled his stake in the local newspaper publisher. Russell acquired 1.3m shares at 7.65p each, taking his stake to 2.71m shares. The share purchase cost just over £99,000. The Johnston Press share price has fallen by nearly three-quarters in the pa
Read moreRegional newspaper publisher Johnston Press said ad sales fell in the last year, following government spending cuts, and expressed caution about the uncertain economic outlook for 2011. The Yorkshire Post and Scotsman publisher said total advertising for the first nine weeks of 2011 fell 11.4% com
Read moreRevenues at surveillance and security technology provider Quadnetics declined 5% from £64.65m to £61.28m for the year ended 30 November after restructuring its integration and managed services (IMS) division. Nevertheless, pre-tax profit totalled £1.4m, from a loss of £0.2m in 2009, after a reducti
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