LONDON (Alliance News) - Wynnstay Properties PLC Tuesday said its pretax profit rose in its last financial year, after the prior year was hit by losses on the revaluation of its portfolio, and it predicted a return to rental growth if the UK economy keeps improving. The property investment
Read moreTom Atherton, the Financial Director of Dairy Crest Group, has sold 2,944 shares, reducing his stake in the company to 3,347. The shares were sold at the average price of 510p over a period of three days. The dairy foods company last month said overall trading in the first quarter was in line wi
Read moreAstraZeneca: UBS raises target from 3,400p to 3,500p, buy rating unchanged. BG Group: Nomura cuts target from 1,950p to 1,850p, buy rating kept. British Land: Jefferies upgrades British Land from hold to buy, targetupped from 517p to 543p. Dairy Crest: Jefferies initiates coverage with a buy reco
Read moreSales and profits fell last year at civil engineering consultant WSP. Revenue dropped 2% to £707m while operating profit, before exceptional items, reduced to £38m from £41.3m. Pre-tax profits fell to £19.2m from £25.4m. WSP's strongest region last year was Northern Europe, especially Sweden. In th
Read moreLONDON (Dow Jones)--Wynnstay Properties PLC (WSP.LN), an AIM listed property investment and development company, Friday reported net asset value per share at March 25 of 455 pence, up from 414 pence a year earlier. MAIN FACTS: -Adjusted NAV 458 pence (2009: 414 pence) -Profit before move
Read moreIn common with its sector, underwriter Amlin will struggle to replicate 2009's strong investment returns. With about half its portfolio sitting in short-dated government bonds or cash, the best hope lies with the company's ability to take advantage of any rise in interest rates. At 404½p, the shar
Read moreThe leading share index finished on a strong footing as strength in the mining sector and gains on the back of company updates helped offset a weak performance from financial stocks. Miners were in demand following a rise in copper prices following the earthquake in Chile, the world's number one p
Read moreGains on mining stocks are more than offsetting losses in an insurance sector that has been rocked by the prospect of a huge rights call from Prudential. Confirmation that Pru may pay $35bn (£23bn) for the Asian business of troubled US insurer AIG has unsettled the insurers. Any deal would need to
Read moreInternet video streaming firm Forbidden Technologies has added ITV and 3SixtyMedia to its list of clients. The company said that its FORScene integrated Internet video platform will be used by 3SixtyMedia for the post-production work on 'The Lakes', a TV show produced by Shiver Productions for ITV.
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