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LONDON (Dow Jones)--Crystal Amber Fund Ltd. (CRS.LN) said Tuesday it will call for Pinewood Shepperton PLC's (PWS.LN) Chairman Michael Grade to step down at the film and television studios group's annual meeting today, as it said the management has failed to realize the true value of the business.
Read morePer Utnegaard, a non-executive director at the laundry and workwear group Davis Service spent nearly £200,000 lifting his stake in the company. He bought 50,000 shares at 399.64p a time and now has 150,000. His bought his first 100,000 shares just before Christmas, paying 394.8p a time. In a trad
Read moreChief executive Dr Alan Hearne has raised nearly £1m by selling shares in environmental consultancy RPS. Dr Hearne has sold 470,000 shares at an average price of 209.588p each. That leaves him with 15,130 RPS shares and £985,000 in cash. In March, Dr Hearne raised £222,434 from a share disposal
Read moreMarketing services group Chime Communications expects operating income and operating profit to be ahead of both budget and market expectations. Image technology group OMG reported slightly higher half year pre-tax profits of £1.4m compared with £1.2m last time and said it is cautiously optimistic t
Read moreFilm studio operator Pinewood Shepperton posted a 24% decline in 2009 pre-tax profit but said it was encouraged by growth opportunities in TV and its film studios. Underlining its confidence in future trading, the group raised its final dividend to 2.40p from 2.30p last year. Profit before tax fel
Read moreFootsie is maintaining most its early gains after some better-than-expected unemployment data. The number of people claiming unemployment benefit fell for the first time since February 2008 in November amid further signs the UK economy is beginning to recover from the economic downturn. The claim
Read moreLondon's blue chips have opened higher with financials and support services groups leading the way. It has been a busy morning for company statements ahead of the holiday wind-down. Overall demand at GKN has been better than predicted at its last update in October and the automotive and aerospace e
Read moreThe Footsie looks set to open barely changed, following on from yesterday's session which saw losses narrow towards the close. There have been some upbeat trading statements that might provide some share price action, but the update from Punch Taverns does not fall into the 'upbeat' category. The
Read moreFilm studio Pinewood Shepperton said trading for 2009 has remained in line with market expectations. The group also outlined a new strategic agreement with Khazanah Nasional Berhad, the investment holding arm of the Government of Malaysia, in connection with the development of a new film and televi
Read moreFilm studio Pinewood Shepperton has had its plans for an extensive redevelopment of its site rejected by the local council while there has also been an application to register part of the development as a village green. In a statement, Pinewood said South Bucks District had turned its plans for P
Read moreChief executive Andi Case has sold just over one-quarter of his stake in shipping services company Clarkson. He raised £1.6m and retains a 2.91% stake. Case joined Clarkson in 2006. Case was awarded 210,000 shares as a deferred bonus in June 2008 at the time he became chief executive. This is part
Read moreFull-year earnings at oil services group Petrofac will be up by "at least" 20% as the company continues to win new orders, the company said yesterday. The shares are trading on a December 2009 earnings multiple of 17.7 times, falling to 13.2 next year. This is at a significant premium to some rival
Read moreFilm studio Pinwewood Shepperton said trading to date is in line with market expectations while revenues for the period from 01 July 2009 to 21 October 2009 remain below 2008 levels. "Full year results will be dependent on the timing of new production starts in the last two months of the year," s
Read moreTV and film studio group Pinewood Shepperton posted a fall in profits after an actors' strike hit revenues. Pre-tax profits for the six months to June 30 fell to £1.7m from £3.8m as revenues slipped to £20.3m from £21.7m. Film revenues fell to £11.8m from £13m due mainly to the protracted negotiat
Read moreSystem on a chip technology firm Imagination Technologies Group has signed a multi-use licence agreement with semiconductor company MediaTek. MediaTek will deploy Imagination's POWERVR SGX graphics processor technology on its future system on a chip devices. Imagination will receive licensing fees
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