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Industrial fabric maker Low & Bonar said it continues to expect full year profits to be ahead of last year, however, owing to the losses in at its synthetic turf business Yarns, profits are expected to be slightly below current market expectations. The group said there was persistent weakness at it
Read moreAn Executive Director of natural gas giant BG Group has sold 56,034 shares in the company to cover tax and social security liabilities (and associated dealing costs) following the vesting of 103,890 shares earlier this month. Martin Houston sold the shares for 1,269.07p each for a total of £711,1
Read moreProfit taking was in evidence after industrial fabric maker Low and Bonar's interim results were merely in line with expectations. Low & Bonar's shares have been on a good run since the end of May when the company said first half sales and profits would be comfortably ahead of last year. The compa
Read moreIndustrial fabric maker Low & Bonar said it expects first half sales and profit to be comfortably ahead of last year as solid trading continues. "This will be the fifth consecutive half year of profitable growth. Despite the weakness of the euro, the group expects full year results to be in line wi
Read moreTwo members of the Executive Committee of ARM, the FTSE 100 chip designer, sold off a total of 150,000 shares, received as part of the firm's long term incentive plan, earlier this week. Tom Lantzsch, Executive Vice President of Corporate Development, sold 50,000 shares at 575p each and another 50,
Read moreJasmine Whitbread, a non-executive at BT, the FTSE 100 telecoms giant, has phoned up for a stack of shares just days after the firm unveiled a surprise 48% leap in third quarter profits, and announced that it would hit its 2013 earnings target a year early. Whitbread, who has been on the board at
Read moreIndustrial fabric maker Low & Bonar was able to overcome a weaker macroeconomic climate and rising raw materials costs to post a strong rise in both profits and sales in the year ended November 30th. Profit before tax rose from £18.6m to £23.4m year-on-year, while the operating margin improved fro
Read moreLow & Bonar makes specialist meshes and other coverings for use in civil engineering projects such as coastal defences, and also the artificial grass used in sports grounds. As such, it cannot expect to be immune to macro-economic trends. But, for now, overall demand is "robust" and the group is con
Read moreIt was an another topsy-turvy dominated by changing perceptions of the Eurozone situation, with shares finishing firmly in the red after Steffen Seibert, spokesman for German Chancellor Angela Merkel, suggested that markets were getting carried away with the optimism. Referring to the hopes being
Read moreStocks are buoyant this morning with attention once again focused on the Eurozone. STOCKS UP ON EUROZONE HOPES Following the weekend meeting of G20 leaders in Paris, the markets will now be looking ahead to a crucial EU summit on 23 October, with Chancellor of the Exchequer George Osborne calling
Read moreShares in Low & Bonar fell back after the maker of industrial fabrics issued a mixed trading update. The company expects profits for the full year to be in line with expectations. "We are pleased to be able to report that the overall demand for our key products continues to be robust, and we expec
Read moreIndustrial fabric maker Low & Bonar rolled out an 18% rise in full year pre-tax profit, increased its dividend and said it is confident of making further progress in 2011. The Dundee based textile firm said profit before tax rose to £18.6m for the year ended 30 November 2010 from £15.8m the year be
Read moreExploration and production spending by oil companies is expected to increase significantly in 2011 - with analysts predicting investment could rise by as much as a fifth. This is an opportunity for Amec. Any M&A activity could be a catalyst for the shares to outperform. The shares are trading on a
Read moreShares in Active Energy rose by a tenth Tuesday after the group announced that new contract wins in January will generate revenues in excess of £400,000 for 2011. One significant contract has been secured with the National Physical Laboratory, run by Serco on behalf of the Department for Business,
Read moreShares in Low & Bonar perked up after the maker of fabrics, textiles and building products said strong trading has continued. 'As a consequence we now expect sales growth to exceed 10% for the 2010 financial year and that full year profits before tax will be at the upper end of market expectations,
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