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Fri, 10th Jun 2011 16:09
Events organiser and publisher Centaur Media has appointed Mark Kerswell as chief financial officer with immediate effect following the resignation of Mike Lally. Mark has been interim finance director since 13 June 2011 when Mike went on extended sick leave. Previously Mark was deputy finance d
Read moreGlencore's chief executive Ivan Glasenberg has opened his wallet, splashing out nearly £10m on shares in the commodity trading house. He took 2.25m shares at an average price of 435p a share and has already made a handsome profit of about £100,000. The company added that Glasenberg plans to buy m
Read moreKier, the construction, house-building and contracting firm, has, to its credit, managed to come through the slump rather well, drawing strength from the diversity of its operations and sound strategic moves, according to the Investment Column in the Independent. This was reflected in its results ye
Read moreThe finance boss of Hammerson Timon Drakesmith has upped his stake in the shopping centre owner, spending nearly £200,000 on shares. He bought 50,000 shares in the company, paying 384.99p a time. Drakesmith will be glad he didn't rush into buying the shares following his appointment in June. They
Read moreThe rights issue from Pendragon, our biggest car dealer, does the job of shoring-up the finances and putting the business in a better shape to go ahead. It is also enormous, nine new shares for eight and at 10p, is a 54% discount to the last closing share price. Nick Bubb at Arden Partners is looki
Read moreStocks closed firmly in the red on a day that saw stocks moving sharply in both directions after a raft of updates. Investors had a keen appetite for shares in Premier Foods. The Hovis bread and Sharwood ready-meals maker unveiled industry veteran Mike Clarke as its new head honcho. Clarke, current
Read moreStocks are deep in the red following this morning's slide. Associated British Foods is bucking the downward trend. It said its outlook for the full year is in line with expectations as its food arm and budget clothing retail chain Primark continue to perform well. Silver producer Fresnillo is spa
Read moreCentaur Media, the publisher and events organiser, says revenues are up 14% on 2010 and it expects profits at the top end of expectations. Interestingly, the firm which produces the Lawyer and Marketing Week, says digital advertising revenues (+14%) were up much more than print (+7%) perhaps giving
Read morePublishing and event organiser Centaur Media is betting on restructuring its company into three main operating divisions to accelerate revenue and margin growth, saying the plan will result in significant cost savings and operational benefits. According to the initiatives, the company will merge th
Read moreWill Ethridge, chief executive of Financial Times publisher Pearson's North American education division, has sold a big chunk of shares in the company. He disposed of 33,000 American Depositary Receipts (ADRs) for $16.83 (£1,033p) a time or a total of nearly £350,000. News of the share sale comes
Read moreA slew of updates from publishers has sent the media sector higher. Specialist publisher and events organiser United Business Media (UBM) pleased the market by announcing that is to acquire Canon Communications, a trade show organiser specialising in the medical devices sector, for £185m. Dods is
Read moreCentaur Media, the publishing and events group behind titles such as Marketing Week, hailed a recovery in advertising markets as it returned to profit. The company posted an adjusted pre-tax profit of £5.2m in the six months to June 30, against a loss of £1.2m over the same period the previous year
Read more3i's new chairman has acquired his first shares in the private equity company since joining the board. Sir Adrian Montague bought 10,000 shares at 279.2p each, for a total cost of £27,920. Sir Adrian joined the 3i board on 1 June 2010 and became chairman of the FTSE 100 company on 7 July. Sir A
Read moreDow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DIPLOMA PLC (DPLM.LN), a supplier of technical products like hydraulic seals and wiring for control systems, Thursday said it expects fiscal-year earning
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