LONDON (Alliance News) - Leeds Group PLC said Thursday it had swung to a profit in the first half of its financial year after the previous year was hit by a writedown, but it remained cautious about its outlook despite a 14% rise in sales. The fabric importer, which operates through a Germa
Read moreLONDON (Alliance News) - UK shares have opened mostly lower Thursday despite a strong lead from the US, as investors digest a rush of UK company announcements.
In another surprise from Mike Ashley, Sports Direct International said it has sold its 4.6% stake in
Fabric importer Leeds Group reported a jump in pre-tax profits for the six months ended March 31, as sales price increases offset the negative impact of high cotton prices. For the half yearly period, the company made a pre-tax profit of £895,000, compared with £744,000, a year earlier. Despite a
Read moreShares in Deltex Medical, which makes technology to measure blood flow in patients undergoing surgery, climbed after it said sales for 2010 are expected to have exceeded £6.25m. Sales increased in all key markets, the company said. Monitise continues to benefit from the increasing trend of shoppers
Read moreAfrican Eagle is "extremely pleased" with the remaining assay results from its recently completed drilling programme at Ngasamo Hill, part of its Dutwa Nickel project in Tanzania. "We are extremely pleased with the drill results from Ngasamo," said managing director Mark Parker. "They reveal a dep
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