Wed, 04th Dec 2019 07:53
LONDON (Alliance News) - Tricorn Group PLC Tuesday said it swung to a pretax loss in its full-year as increased revenues were offset by restructuring costs along with the cost of setting up operations in China. The tube manipulation specialist posted a pretax loss of GBP999,000 for the twel
Read more(An item published at 1121 GMT, misstated the company's name at the bottom of the article. The correct version follows.) LONDON (Alliance News) - Tricorn Group PLC Wednesday said that revenues for the year just ended will be lower than the prior year due to lower demand in its UK businesses
Read more(An item published at 1325 GMT mis-spelt the Fed Chair's surname in the title. The correct version follows.) LONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances
Read moreLONDON (Alliance News) - The FTSE 100 is up for a fifth consecutive day Tuesday amid a continuing global stock rally, with the London blue chip index helped by strong performances from the retailers and miners.
Retail stocks including Sports Direct International, Read more
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
Sports Direct International, up 4.1%, and Marks and SpencerRead more
The FTSE Small Cap index and junior-listed AIM shares climb 0.4 percent and 0.3 percent respectively, underperforming the mid-caps, up 0.8 percent, and the blue chips, which are 0.9 percent firmer. AIM-listed tube manipulation specialist Tricorn Group drops 27 percent to 23 pence after sayi
Read moreShares in Tricorn Group took a hit on Tuesday morning after the pipe and tubing specialist warned of further softening in demand and predicted second half revenue would fall around 15 per cent below the first. As such, pre-tax profit for the full-year is expected to be "materially below" the curren
Read moreLONDON (Alliance News) - Tricorn Group PLC shares dropped to the bottom of the AIM market Tuesday after the firm said revenues for the second-half are expected to come in 15% lower than first-half figures, as demand continues to lighten. In a trading statement covering the financial year to
Read moreBellway: Jefferies takes target price from 2085p to 2186p and stays with its buy recommendation. BT Group: Jefferies shifts target price from 435p to 440p and keeps a buy recommendation. Carnival: Jefferies ups target price from 2000p to 2050p, while downgrading to underperform. Deutsche Bank rais
Read moreLONDON (Alliance News) - UK shares have opened higher Tuesday ahead of the testimony later in the day by new US Federal Reserve Chair Janet Yellen.
Barclays has said it is in a position to increase its leverage ratio target, despite a loss in its final quarter. Bar
UK small caps firm 0.4 percent, outperforming the wider market, with junior-listed AIM shares trading flat, mid-caps off 0.1 percent, and blue chips 0.1 percent higher. Tricorn Group, a manufacturer of pipe and tubing assemblies, drops more than 6 percent after it says it expects pretax pr
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