Michelmersh Brick Holdings Share News (MBH)

Halifax chief Nicholson sells 350,000 Lloyds shares

The head of Lloyds Banking Group's Halifax arm has sold more than 2.5m pounds of Lloyds shares as the state-backed bank prepares for reprivatisation. David Nicholson disposed of 350,000 shares at 73.34p each on September 2nd for £2.57m. When Nicholson sold his shares, they had gained 120% in the

DIRECTOR DEALINGS - Michelmersh Brick Non-Exec Sells 900K Shares

Bricks and finance shortages frustrate British housing hopes

* Building and materials firms struggling to expand quickly * Home construction at lowest level since 1920s * Industry shrank sharply to get through downturn * Banks reluctant to finance smaller builders' projects By Brenda Goh LONDON, Aug 16 (Reuters) - When the Bri

Monday broker round-up UPDATE

Amur Minerals Corporation: HB Markets initiates with a speculative buy. ARM Holdings: Bank of America Merrill Lynch reiterates buy and 1,145p price target. AstraZeneca: Deutsche Bank raises target price from 2800p to 3100p and keeps a hold recommendation. Exane BNP ups target price from 3100p to 3

REFILE-STOCKS NEWS EUROPE-UK small caps close 0.4 percent higher

(Repeats to add missing "of" in the 8th paragraph) The FTSE Small Cap index is closes up 0.4 percent, outperforming the FTSE 100, down 1.1 percent and the FTSE 250 ends 0.3 percent. Punch Taverns rallies 20.9 percent after identifying a number of restructuring solutions for its debt,

HOW TO PLAY IT: Wading back into European equities

By David Randall NEW YORK, Jan 18(Reuters) - After more than three years of crisis, Europe's days as a no-man's land may be coming to an end. The Euro Stoxx 50, an index of blue chip European stocks, is up more than 30 percent as of Thursday from the low it hit on June 1. It gained a

Sector movers: CRH drags construction sector lower

A fall from heavyweight building materials group CRH ensured that the construction and materials sector was in the red today, offsetting a decent performance by second-tier firms Balfour Beatty and Galliford Try. FTSE 100-listed CRH, which has a market capitalisation of around £9.2bn, reported on W

Michelmersh Brick issues profit warning

Shares in brick and tile firm Michelmersh Brick fell heavily on Monday after the firm said 2012 profits would come in below market expectations. The company said it only expects to break even for the full year after it came up short in the first half and said it would not make this ground up in the

Michelmersh Brick's margins safe despite tough market

Michelmersh Brick, the brick, land development and landfill company, said that it has been able to offset challenging conditions in the industry to grow sales volumes ahead of expectations so far this year. Sales orders, despatches and production activity continue to be strong at all sites, accordi

Michelmersh Brick ahead of budget, shares jump

A cheery trading update helped specialist brick supplier Michelmersh Brick build big gains Tuesday. "Michelmersh is pleased to report that orders, sales and production of brick products in the first quarter of 2011 were ahead of budget and the Board is encouraged for the prospects for 2011," the co

Small caps round-up: Avocet Mining, Panmure, Evolve Capital...

Avocet Mining is on the up again after increasing new proven and probable ore reserve at the Inata gold mine in Burkina Faso and a mine life extended to 2018 at an average annual production of 120,000 ounces. The new mineral reserve of 16.3m tonnes grading 2.06 grammes per tonne for 1.08m ounces o

London close: Financials lead the way

Leading equities trod water for the afternoon session consolidating strong gains made in the morning. Hopes that the US Federal Reserve will introduce new economic stimulus measures this week played well with the financial sector, with the likes of fund managers Schroders and St. James's Place and

London afternoon: Gains consolidated

Footsie hit its peak at around 10:00am and has been moving sideways ever since on a relatively quiet day for corporate news. In a buoyant insurance sector Prudential is firmer prior to Thursday's results while Aviva is lifted by Panmure Gordon raising its price target from 496p to 535p. Reboundi

Sector movers: Michelmersh Brick optimism lifts construction

Specialist brick, land development and landfill firm Michelmersh Brick helping the construction and materials sector build gains after it said trading during the first half has been in line with management's expectations and is well placed for 2010 and beyond. Revenues are up at all plants on an eq

London midday: Blue chips power ahead

Footsie is powering forward on the back of strong performances from financials and miners. Lonmin and Kazakhmys are the best performing miners, while among financials the stand-out stocks are spread around the insurance (Legal & General, Prudential), banking (Barclays), fund management (Schroders )