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LIDMon, 17th Dec 2012 07:45
Reckitt Benckiser is boosting the household goods sector higher, recovering from last week's sell-off. The group - which owns the Cillit Bang brand - saw its share price take a beating on Thursday after it announced the retirement of chief executive officer Bart Becht. Meanwhile, the health care
Read moreHeart monitoring equipment supplier LiDCO said annual revenue increased by 16% while sales in the UK jumped 29%. "Evidence for, and awareness of, the benefits of LiDCO's technology are growing stronger," the group said in a company statement. LiDCO said it traded profitably in the second half. For
Read moreGrowth in its construction arm helped housebuilder and contractor Kier lift half-year sales by 9% to £1.1bn. On a like for like basis, underlying profit before tax grew by 26% to £31.3m. Pre-tax profits came in at £29.6m, up from £16.7m with the interim dividend up by 8% at 20p. Balfour Beatty has
Read moreWhen your shares are trading on more than 45 times' this year's earnings, a degree of investor nervousness is inevitable. So yesterday's plunge in ARM Holdings was more a case of the market trying to find reasons to sell and take some profits. ARM investors have had to live with sky-high valuations
Read moreHeart monitoring equipment group LiDCO has received accreditation from the Royal College of Nursing for its LiDCOplus monitor competency based study day. Dr Terry O'Brien, CEO of LiDCO, commented: "With the completion of the pre-course material, this full day off-site program provides nine hou
Read moreTextiles group Fiberweb has refinanced its $400m loan facility with a new loan facility of £210m that matures in July 2013. As a result, cash interest costs will increase by £3m in 2010 over previous expectations. In addition, there will be non-cash amortisation charges of £3m in each of 2010 and
Read moreElectrical component maker e2v technologies posted a sharp fall in revenues in the six months to September 30 but managed to stay profitable by cutting costs in areas such as marketing and travel. Pre-tax profits fell to £2.6m from £3.1m over the same period the previous year as revenues slid to £9
Read moreThe mining sector has become something of a dangerous place to put your money in recent months, with the industry having to contend with volatile prices, merger speculation and grumpy Chinese buyers. With Hochschild, at least punters avoid some of these hazards. Further cost savings are expected, an
Read moreShare prices of London's leading stocks closed mixed, thanks to a late rally, after the market had spent most of the day in retreat. ENRC was the day's star performer despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut in half but investors were e
Read moreThe bears are back in command today with the blue-chip index in the red, though the size of the decline has been exacerbated by a number of index constituents trading in ex-dividend form. Former Bank of Ireland governor Richard Burrows is to be the new chairman of Lucky Strike maker British Americ
Read moreEquities are back on the slide again today with little hope of a boost from the other side of the Atlantic where the Dow Jones 30 is expected to open around 80 points lower. ENRC is a bright spot despite reporting a 63% slide in pre-tax profits for the first half of 2009. The dividend has been cut
Read moreThe health care equipment sector received a shot in the arm from news that heart monitoring equipment supplier LiDCO is on track to deliver a maiden profit in the coming full year. The company said it has shown a strong sales performance during the six months ended 31 July and expects revenues to
Read moreShares in Lidco advanced on news that the heart monitoring equipment supplier is on track to deliver a maiden profit in the coming full year. The company said it has shown a strong sales performance during the six months ended 31 July and expects revenues to be significantly higher than in the firs
Read moreAdvanced Computer Software has raised £43.75m through a placing at 30p per share. The cash will help fund acquisitions keen to become the leading consolidator in the primary care IT market. ACS has identified further complementary businesses to acquire and the funds raised in the placing will ena
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