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Pin to quick picksTandem Group Share News (TND)

Share Price Information for Tandem Group (TND)

London Stock Exchange
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Share Price: 177.50
Bid: 175.00
Ask: 180.00
Change: 0.00 (0.00%)
Spread: 5.00 (2.857%)
Open: 177.50
High: 177.50
Low: 177.50
Prev. Close: 177.50
TND Live PriceLast checked at -

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London midday: Traders play 'spot the bid target'

Fri, 03rd Sep 2010 12:16

Footsie finished the morning not far off its high for the day, marginally above the 5,400 mark. It was a quiet morning for hard news, however, so traders entertained themselves with some good old fashioned bid speculation.Temporary power solutions provider Aggreko is the top performer on whispers that someone may be preparing a bid, but the rumour has not yet developed to the stage where the name of the putative predator has been determined.Autonomy is higher for a second day on bid rumours. Gossip doing the rounds yesterday was acquisition-hungry US software giants Microsoft and Oracle are in the frame as likely bidders at a price north of 2500p per share. Hedge fund manager Man is wanted after Numis Securities issued a "buy" note yesterday while mobile phones network colossus Vodafone edges higher after Deutsche Bank lifted its price target but there is not much enthusiasm for Homebase and Argos owner Home Retail ahead of results next week. The retailer could be facing ejection from the FTSE 100 constituents next week, which is also undermining demand for the shares. BP's bill for cleaning up after the oil spill in the Gulf of Mexico has hit $8bn (£5.2bn), up over £1bn in less than a month, and the relief well is not expected to intercept the broken MC252 well for a couple of weeks.Fears that BHP Billiton might end up in a bidding war in its pursuit of Canadian fertiliser firm Potash receded a little after Canadian pension fund Alberta Investment Management spurned an approach from Chinese investors keen to launch a counterbid to BHP's $40bn (£26bn) offer.Soco has plugged and abandoned its first wildcat exploration drilling well at Nganga 1 (NGA-1) in the Nganzi Block, onshore the Democratic Republic of Congo, after hitting water. It's been a tough six months for banana importer Fyffes but conditions have "normalised" over the summer months and the group remains on target to meet forecasts, though profits are well down on last year. Sports and leisure equipment firm Tandem said it expects full year results to be well ahead of market expectations and will pay an interim dividend. Revenue from its Dawes cycle business showed exceptional growth, well ahead of market performance, it added.Ukrainian wheat farmer Landkom is wanted as heat future prices surge in the wake of Russia's decision to extend its ban of wheat imports. Last month Landkom said that it expects to benefit from higher wheat prices caused by hot weather while missing out on the worst of the heat damage that is ravaging crops in the east of Ukraine and Russia . Most of Landkom's farming areas are in the west of Ukraine, which has been unaffected by drought. FTSE 100 - RisersAggreko (AGK) 1,511.00p +5.22%Autonomy Corporation (AU.) 1,776.00p +3.50%BAE Systems (BA.) 324.10p +3.45%Fresnillo (FRES) 1,130.00p +3.01%Barclays (BARC) 318.90p +2.21%Smith & Nephew (SN.) 554.00p +1.84%British Land Co (BLND) 474.10p +1.52%Standard Chartered (STAN) 1,863.00p +1.47%Man Group (EMG) 232.20p +1.40%Pearson (PSON) 1,010.00p +1.35%FTSE 100 - FallersVedanta Resources (VED) 1,979.00p -1.59%Tullow Oil (TLW) 1,170.00p -1.27%Home Retail Group (HOME) 219.40p -1.08%Whitbread (WTB) 1,502.00p -0.86%Schroders (SDR) 1,389.00p -0.79%Schroders NV (SDRC) 1,129.00p -0.79%Centrica (CNA) 323.60p -0.68%United Utilities Group (UU.) 584.00p -0.60%Legal & General Group (LGEN) 94.70p -0.53%Aviva (AV.) 393.70p -0.38%
More News
19 May 2022 18:07

IN BRIEF: Tandem appoints former Pure Electric head Kimberley as CEO

Tandem Group PLC - Solihull, England-based sports product distributor - Appoints Peter Kimberley as chief executive officer with immediate effect, replacing Jim Shears after two years in the role.

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27 Apr 2022 12:11

IN BRIEF: Tandem shares dive as CEO Jim Shears to resign in May

Tandem Group PLC - Solihull, England-based sports product distributor - Shares slump as company announces that its Chief Executive Officer Jim Shears will leave on May 6. Shears joined company as group financial controller in 2002. He became finance director in June 2010 and chief executive officer in August 2020.

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28 Mar 2022 10:58

IN BRIEF: Tandem falls as current trading drops behind previous year

Tandem Group PLC - Solihull, England-based sports product distributor - Increases pretax profit by 18% in 2021 to GBP4.7 million from GBP4.0 million. Revenue rises 10% to GBP40.9 million from GBP37.1 million. Company says that the year was affected by stock availability for bicycles. As a result, the division finished 12% behind the previous year. Adds that licensed characters bicycles were 30% behind the prior year due to supply chain issues. Proposes a final dividend of 6.57 pence, up 19% from 5.50p year-on-year.

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31 Jan 2022 22:07

TRADING UPDATES: MJ Hudson and Tandem see results ahead of views

TRADING UPDATES: MJ Hudson and Tandem see results ahead of views

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8 Dec 2021 14:54

TRADING UPDATES: Tandem's sales pick up; Duke enters record deal

TRADING UPDATES: Tandem's sales pick up; Duke enters record deal

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8 Nov 2021 15:14

EXECUTIVE CHANGES: Woodbois hires former Compass executive as CEO

EXECUTIVE CHANGES: Woodbois hires former Compass executive as CEO

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14 Sep 2021 14:44

TRADING UPDATES: Staffline revenue rises, Petra Diamonds sees momentum

TRADING UPDATES: Staffline revenue rises, Petra Diamonds sees momentum

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24 Jun 2021 19:56

TRADING UPDATES: Vitec and Allergy Therapeutics lift full-year outlook

TRADING UPDATES: Vitec and Allergy Therapeutics lift full-year outlook

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17 Jun 2021 16:01

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

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11 Jun 2021 16:16

Director dealings: Tandem chairman offloads 15,000 shares

(Sharecast News) - Tandem Group revealed on Friday that chairman Stephen Grant had disposed of 15,000 ordinary shares in the AIM-listed sports and leisure products retailer.

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11 Jun 2021 13:43

IN BRIEF: Tandem Group chair sells GBP90,000 in shares

IN BRIEF: Tandem Group chair sells GBP90,000 in shares

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2 Jun 2021 13:58

Electric bike boom gives trading at Tandem Group some juice

Electric bike boom gives trading at Tandem Group some juice

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2 Jun 2021 08:14

Tandem YTD revenues up almost a quarter despite strong comparatives

(Sharecast News) - Sports and leisure products retailer Tandem Group said on Wednesday that trading had "remained robust" since February albeit against a much stronger prior year comparative, with group-wide revenues up 24% year-on-year.

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25 Mar 2021 14:49

TRADING UPDATES: Safestyle in strong start to 2021; Tandem ups payout

TRADING UPDATES: Safestyle in strong start to 2021; Tandem ups payout

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25 Mar 2021 11:28

AIM WINNERS & LOSERS: Tandem rises on strong results, positive outlook

AIM WINNERS & LOSERS: Tandem rises on strong results, positive outlook

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