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US-focused oil and gas group Nighthawk has secured a £25m equity finance facility "to continue the development of the company's asset base." Chain-maker Renold has continued to see strong sales. "The strengthening order book gives good confidence for the third quarter," it said. "While visibil
Read moreDow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PHOTO-ME INTERNATIONAL PLC (PHTM.LN), a photo booth operator, said a significant proportion of future revenue is set to come from its "futuristic" photo boot
Read moreDow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AVEVA GROUP PLC (AVV.LN), a maker of engineering software, said Wednesday that safety concerns following the Gulf of Mexico oil spill will likely increase de
Read moreDow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DS SMITH PLC (SMDS.LN) Wednesday said it agreed to acquire a French packaging business from Carlyle Group LP for EUR247 million to bolster its presence in co
Read moreLONDON (Dow Jones)--Chain maker Renold PLC (RNO.LN) Wednesday said profit for its fiscal first quarter was well ahead of its expectations following a rebound in sales in Western countries hard hit by recession. Renold added orders have also improved and its outlook for the six months to Sept. 30
Read moreTesco faces challenges in the current market. Sales growth in the UK is unlikely to be spectacular and the improvement in its global operations will be slow and steady, tied into the economic recovery. Also, Fresh 'n' Easy in the US is yet to make a profit. However, retiring chief executive Sir Te
Read moreIndustrial chains and torque transmission products maker Renold said last year was a difficult one for it as it fell into the red. Loss before tax in the year to 31 March 2010 was £13.6m versus a profit of £2.9m the year before. The group said it returned to operating profit in the second half (bef
Read more1328 GMT [Dow Jones] The recent share price weakness in Renold (RNO.LN) is an opportunity to pick up the stock says David Buxton, analyst at FinnCap. He adds that with considerable operational gearing even on a lackluster economic recovery, profits should see considerable upside. Renold reported Tue
Read moreBroker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 1328 GMT [Dow Jones] The recent share price weakness in Renold (RNO.LN) is an opportunity to pick up the stock says David Bux
Read more(Adds executive and analyst comment.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Chain maker Renold PLC (RNO.LN) Tuesday said sales and orders improved significantly during the past few months and it expects to return to profitability this fiscal year. The company ea
Read moreBy Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Chain maker Renold PLC (RNO.LN) Tuesday said it is on the hunt for acquisitions. Group Chief Executive Bob Davies told Dow Jones Newswires the company is interested in buying companies to grow both its chain business and its tor
Read moreLONDON (Dow Jones)--Chain maker Renold PLC (RNO.LN) said Tuesday sales and orders have picked up significantly, after reporting a loss for its fiscal year as demand fell and customers worked through inventories rather than order new stock. Renold, which makes chains, gears and couplings, said de
Read moreFares on flights will have to rise if the company is going to hit its targets, that's the warning issued by Michael O'Leary's Ryanair yesterday. This is, obviously, better news for investors than it is for its customers. Currently, 11% of intra-European traffic is transported on the Ryanair fleet a
Read moreIndustrial chain maker Renold's trading has continued to stabilise since November with early signs of recovery now starting to come through. Business since November has been in line with expectations, it said today. "We continue to see increasing stabilisation and some early evidence of recovery an
Read moreWeaker than expected US consumer sentiment data upset the apple cart Friday, giving investors an excuse to bank profits ahead of the weekend. Stockmarkets on both sides of the Atlantic have risen 15% in the past month, so no wonder investors were keen to trim their portfolios. Wall Street headed s
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