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African Barrick Gold: Westhouse Securities upgrades from sell to neutral with a target price of 195p. Borders & Southern: Sanlam Securites shifts target price from 86.60p to 87.40p and leaves its buy recommendation unchanged. Britvic: Nomura raises target price from 480p to 540p keeping a buy reco
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The FTSE Small Caps index is flat in early morning trade, underperforming a 0.3 percent gain on the blue-chip FTSE 100 index and a 0.1 percent gain on the FTSE 250 mid-cap index. Shares in Nationwide Accident Repair Services jump 6 percent higher after the company says its cash-flow generat
Read moreNationwide Accident Repair Services said revenue fell 12.9 per cent to 80.7m pounds, primarily due to site closures in 2011. On a like-for-like basis revenue fell 4.7%, hit by poor LFL insurance revenue but boosted by strong LFL growth in fleet revenue. The gross profit margin increased from 35.5%
Read moreNationwide Accident Repair Services has said that it continues to trade in line with its expectations and maintains a strong cash position, boosted by the mobile repair and glass businesses, which continues to make an increasing contribution to the overall group performance. However, following com
Read moreCrash repair services firm Nationwide Accident Repair Services said results for the year ending 31 December 2011 are expected to be in line with current market forecasts despite headwinds in its core insurance market. The group, which issued a profit warning in November, added that its subsequent p
Read moreShares of Nationwide Accident Repair plunged 18% after it warned pre-tax profit for the second half and full year is now expected to be below market expectations. Nationwide said it still expects revenues to remain broadly in line with the prior year. After its cautious update in September, Natio
Read moreCrash repair services firm Nationwide Auto Repair Services is cruising along in the mid-phase of its three year growth plan, with the company's presence in fleet and retail markets developing alongside core insurance market. Revenue in the first half of 2011 was up 6% to £92.3m from £87.2m last ye
Read moreCrash repair services operator Nationwide Accident Repair Services said its new financial year has started well and it expects the first half results to show an improvement on last year. The group is in the second year of a three-year growth programme in which it is seeking to reduce its reliance o
Read moreAIM-quoted Nationwide Accident Repair Services reported a 2010 profit at the upper end of expectations and house broker Arbuthnot has upgraded its profit and dividend forecasts for 2011 for the crash repairs and accident services provider. Revenues edged ahead from £170.9m to £172.3m in 2010. Most
Read morePatagonia Gold has risen on news that final results from the recently completed drill campaign on the COSE project in Argentina have revealed more "exceptionally high grade" gold and silver. A potential new mineralised vein has also been discovered at Cap-Oeste with drill-hole CO-166-D which inters
Read moreCluff Gold's finance director has bought shares. Pete Gardner took up the post in October 2009 but this is the first time he has bought shares. He acquired 10,000 shares at 104.65p each, for a total outlay just short of £10,500. Gardner used to work in corporate finance for accountants PKF.
Read moreNationwide Accident Repair Services intends to grab more business from the fleet market while also using its strong connections to grow the core insurance-related repairs business. The insurers remain the main customer base and Nationwide has signed an exclusive agreement with Groupama, which will
Read moreThe share price of oil rig safety consultant Velosi plunged on Tuesday after disappointing half-year results, and was plumbing the depths again on Wednesday, offering an opportunity to buy the shares at an attractive earnings multiple, FinnCap argues. "We believe the share price has over-reacted to
Read moreShares in miner African Consolidated Resources moved ahead after it gave a maiden Joint Ore Reserves Committee (JORC) estimate for its Blue Rock gold project in Zimbabwe of 8.5 million tonnes at 1 g/t for 270,000 oz, using a cutoff grade of 0.6 g/t. Caspian-focused oil group Dragon Oil saw average
Read moreLONDON (Dow Jones)--Nationwide Accident Repair Services PLC (NARS.LN), a provider of automotive crash repair services in the U.K., said Thursday its half year results are anticipated to be in line with management expectations. MAIN FACTS: -Net cash at June 30, 2010 is expected to be GBP8.0 m
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