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21 Apr 2011 06:06

Thursday newspaper round-up: BT, Prudential, HSBC

The Government could suspend the internet accounts of illegal downloaders after a challenge to new laws was overturned in the High Court. Justice Kenneth Parker rejected an appeal by BT and TalkTalk which claimed that the Digital Economy Act 2010 was seriously flawed and 'incompatible' with European

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20 Apr 2011 07:48

Pinewood receives another bid offer

Pinewood Shepperton today confirmed that it had received another bid offer not even two weeks after a takeover approach from its biggest shareholder. Peel Holdings made a 190p a share approach for the company after the close of trading on Friday 8 April, sending its shares up sharply. Today the

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11 Apr 2011 16:54

London close: Flat finish despite banks' advance

The top share index was seeking direction all day Monday even as banks advanced following the publication of changes proposed for the sector by the Independent Commission on Banking (ICB). While Lloyds Banking had a grumble about the ICB's recommendation that it should have to sell more than 600 br

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11 Apr 2011 14:20

Pinewood Shepperton receives bid

Pinewood Shepperton, the film studios used for the James Bond films, has received a takeover approach from its biggest shareholder. Peel Holdings made a 190p a share approach for the company, Pinewood announced after the close of trading on Friday, after a sharp rise in its share price. The shares

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11 Apr 2011 14:15

London afternoon: Burberry eases after third quake

The Independent Commission on Banking (ICB) has issued its interim report on changes proposed for the sector, and while Lloyds Banking has had a grumble about the ICB's recommendation that it should have to sell more than 600 branches, the market's reaction is that the report looks favourable for th

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10 Mar 2011 06:26

Thursday tips round-up: Prudential, Tullow, Restaurant Group

When Tidjane Thiam faced shareholders at Prudential's annual meeting last June, few would have wagered on him still being the company's chief executive nine months later, as resentment over the company's failed $35.5bn (£21.8bn) deal for AIA intensified. Mr Thiam seemed focused on the future yesterd

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9 Mar 2011 06:48

Wednesday tips round-up: Antofagasta, Weir, Inchcape...

Copper miner Antofagasta already trades at "considerably higher multiples than those of Kazakhmys or indeed the major diversified miners", according to brokers. Given that, it is not a buy but the company's strengths and the confidence evidenced by the special dividend means this is not a sell say

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8 Mar 2011 13:39

Film makers flock to Pinewood

Film studio Pinewood Shepperton saw profit before tax improve by almost a third last year and has rewarded shareholders with a hike in the full year dividend to 3.60p from 3.45p. The company, which came under fire last year from activist shareholder Crystal Amber for underperformance, saw revenue i

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13 Sep 2010 16:46

Crystal Amber held back by JJB

AIM-quoted activist investment company Crystal Amber Fund Ltd made gains on a number of stakes in the year to June 2010 but a poor performance from JJB Sports has held back Crystal's NAV. The NAV was 115.5p a share at the end of June 2010, barely 1% higher than one year before. The share price is

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30 Jun 2010 06:42

Wednesday's newspaper round-up: Budget cuts, BP, AstraZeneca

George Osborne's austerity budget will result in the loss of up to 1.3m jobs across the economy over the next five years according to a private Treasury assessment of the planned spending cuts. Unpublished estimates of the impact of the biggest squeeze on public spending since the second world war

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29 Jun 2010 16:00

UK SMALLCAP ROUNDUP: E-Therapeutics Seeks Pharma Alliances

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps E-THERAPEUTICS PLC (ETX.LN), a U.K. drug developer, said Tuesday its focus this year and next will be on clinical trials of its experimental medicines an

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29 Jun 2010 12:30

UK SMALLCAP ROUNDUP: Chloride Up As Emerson Trumps ABB

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps EMERSON ELECTRIC CO. (EMR), a U.S. power and industrial-automation company, Tuesday returned with a sweetened offer to buy CHLORIDE GROUP PLC (CHLD.LN) f

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29 Jun 2010 09:30

UK SMALLCAP ROUNDUP:Salamander Energy Abandons Dry Vietnam Well

Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SALAMANDER ENERGY PLC (SMDR.LN) said it has plugged and abandoned the Tom Su Lua-1X exploration well offshore Vietnam after it turned out to be dry.

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29 Jun 2010 08:25

Pinewood Shepperton Says Main Holders Are Backing Board

LONDON (Dow Jones)--Film and television production company Pinewood Shepperton PLC (PWS.LN) Tuesday said it has the backing of the majority of its shareholders, after its second-largest shareholder called for the company's chairman to quit. In a brief statement ahead of the company's annual meet

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29 Jun 2010 07:46

Pinewood dismisses rebel shareholder call

Film studio Pinewood Shepperton today claimed to have the support of the majority of its shareholders for its strategy despite a call from 18% shareholder Crystal Amber for chairman Sir Michael Grade to stand down. Crystal Amber, which has also called for Adrian Burn, the studio's senior independe

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