Mon, 07th Nov 2016 08:06
As part of the planned disposal of its assets, Cambium Global Timberland has signed contracts for the sale of its 8,065 acre property in Stewart County in Georgia. The sale is being made for cash consideration of $9.1m. The proceeds will be used in discharging associated indebtedness of some $6.2m,
Read moreLONDON (Alliance News) - Cambium Global Timberland Ltd, the investment company that is gradually realising its assets and returning the money to shareholders after a disappointing asset performance, Wednesday said it has exchanged contracts to sell its 8,065 acre property in Stewart County, Georg
Read moreLONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.
The blue-chip index is being weighed down by broadcaster ITV, whos
Jersey-based investment group Cambium Global Timberland announced it has sold the company's Clinch County property, in the US state of Georgia, for a total of 8.6m dollars. The net proceeds will be deployed to shrink the group's debt linked to the holding, as well as that relating to the Company's
Read moreLONDON (Alliance News) - Cambium Global Timberland Ltd Thursday said it has exchanged contracts to sell its property at Clinch County in Georgia, for a gross cash consideration of USD8.6 million. Cambium Global Timberland said the Clinch County property sale price represents 86% of the carr
Read moreLONDON (Alliance News) - Cambium Global Timberland PLC Thursday said non-executive Director Svante Adde bought 200,000 shares at a price of 26.5 pence per share. The purchase represents Adde's only holding in the company. Shares in the investment company closed at 26.02 pence down 1.9
Read moreLONDON (Alliance News) - Cambium Global Timberland Ltd Friday saw a negative total return of 18.9% in the half-year ended October 31 as its portfolio was hit by foreign exchange losses due to the strengthening sterling, as well as write-downs of its assets. Cambium invests in forestry base
Read moreHome Retail was back in the spotlight yesterday after it emerged that a US private equity investor had bought a 4.25% stake in the owner of Argos and Homebase. But with consumer spending likely to be in the doldrums for the rest of this year, the Independent thinks a bid is unlikely and Home Retail
Read moreMark Brooks, who was appointed to the Netcall board following the acquisition of Telephonetics, has sold all his shares in the AIM-quoted telecoms call-back and speech recognition software provider. Brooks had been a director of Telephonetics since March 2008 and joined the Netcall board in July 20
Read moreMedia is one of the top performing sectors today led by market research and consulting group Cello and publishing giant Pearson, who both provided positive updates that said results will beat guidance. Cello said it expects full year pre-tax profit to be ahead of expectations after a strong second
Read moreSmall cap-focused trust Henderson Smaller Companies achieved a total return of 22.1% for the half-year to 30 November, putting the benchmark index - up 12.7% - in the shade. The trust, which increased total pre-tax profit from £37.9m to £42.6m, said it expects the markets to remain "choppy", but t
Read more