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Pin to quick picksRecord Share News (REC)

Share Price Information for Record (REC)

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43.00    -1.60 (-3.59%)
Bid:
42.80
Ask:
43.20
Spread: 0.40 (0.935%)
Market Cap: £83.97m
REC Live PriceLast checked at - London Stock Exchange

Intraday Record Share Chart

Friday preview: Chrysalis, Record

Thu, 14th Oct 2010 16:09
Music publisher Chrysalis claimed at its last trading update in August that it was outperforming the market, though as the music business likes to give the impression that it is hardly selling a single record thanks to illegal file downloading, doing better than the market may be no great shakes.Nevertheless, in the first nine months of its financial year (which runs to end-September), Chrysalis's consolidated net publisher's share (NPS) - the money it banks after paying royalties to songwriters and other interested parties - was up 15.6% on the corresponding period of last year.Earnings are generally weighted towards the final financial quarter and so a year-on-year increase in consolidated NPS for the full year looks to be on the cards.The company seems to be putting the problems of the past behind it. At the half-year stage it reduced losses to £0.5m from £2.6m and chief executive Jeremy Lascelles's performance has been so full of the X-factor that he has been nominated for "leader of the year" as part of the National Business Awards, an event sponsored by the Scotsman newspaper. Moving on from the music business to, appropriately enough, a company called Record, the currency manager will give an update on the second quarter of its financial year.The company saw a decline in assets under management (AuM) at the end of June to $29.5bn from $34.0bn at the end of April. Its currency for return product has not been setting the heather on fire over the last three years and has experienced a high level of redemptions. INTERIM DIVIDEND PAYMENT DATEBraime Ord, Charlemagne Capital, Chime Communications, Communisis, Computacenter, Drax Group, G4S, H & T Group, Hellenic Carriers, IMI, International Public Partnerships Ltd., IS Solutions, JKX Oil & Gas, Lavendon Group, Logica, Networkers International, Pennant International, Phoenix Group Holdings, Public Service Properties Investments, Sagicor Financial Corporation, Serco Group, TF & JH Braime, Tikit, Treatt, UTV MediaQUARTERLY PAYMENT DATEM WinkworthINTERNATIONAL ECONOMIC ANNOUNCEMENTSIndustrial Production (JPN)Monthly Budget Report (US) Wholesale Price Index (GER) (07:00)Balance of Trade (EU) (10:00)Consumer Price Index (EU) (10:00)Harmonised Index of Consumer Prices (EU) (10:00)Business Inventories (US) (13:30)Consumer Price Index (US) (13:30)Retail Sales (US) (13:30)Empire State Manufacturing Survey (13:30)Retail Sales Inventories (US) (15:15)U. of Michigan Confidence (US) (15:00)GMSCoburg Group, Electronic Data Processing, GuocoLeisure LimitedSPECIAL DIVIDEND PAYMENT DATECharlemagne Capital, Dignity, H & T Group, Harvard InternationalEGMSAtlas Estates, Subex Azure GDR (Reg S)AGMSCoburg Group, Crystal Amber Fund, Epicure Qatar Equity Opportunities, GuocoLeisure LimitedTRADING ANNOUNCEMENTSChrysalis, RecordFINAL DIVIDEND PAYMENT DATEBest of the Best, Dart Group, Goodwin Plc, Jacques Vert, Standard Life UK Smaller Companies Trust, Stewart & Wight

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