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Pin to quick picksFrp Advisory Group Share News (FRP)

Share Price Information for Frp Advisory Group (FRP)

London Stock Exchange
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Share Price: 119.25
Bid: 118.50
Ask: 120.00
Change: 0.25 (0.21%)
Spread: 1.50 (1.266%)
Open: 119.50
High: 119.50
Low: 118.75
Prev. Close: 119.00
FRP Live PriceLast checked at -

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London midday: Marking time

Tue, 30th Jun 2009 12:10

Leading equities are treading water on the last day of the month, quarter and half-year. Wolseley is one of the best performers after chief executive Chip Hornsby stepped down with immediate effect to let Ian Meakins take the helm at the building supplies group. Hornsby, who leaves after 27 years at the company, has led the group since August 2006. "While management change is not a major surprise, an external replacement will probably be seen as better news as it should mean that no stone is left unturned, if indeed it hasn't already been turned!" suggests broker Panmure Gordon, which nevertheless remains a seller of the stock.Barclays, Royal Bank of Scotland and Lloyds are off the top but still in the blue after a broadly upbeat review of the UK banking sector by Goldman Sachs yesterday. Barclays gets an extra leg-up from Deutsche Bank which has upped its price target from 220p to 365p.BG has made a big push into the US shale gas market with the acquisition of a 50% stake in US firm Exco's fields in east Texas and north Louisiana. BG will pay $1.055bn for 120,000 acres in the two states, of which 84,000 acres cover the prolific Haynesville shale gas formation.Antofagasta has achieved financial closing and satisfaction of conditions to borrowing for $1.05bn of project financing for the Esperanza copper-gold project in Chile. The miner, which owns 70% of the project, said first disbursement is expected to take place during July.A consortium in which United Utilities has a 40% stake has won a new capital delivery contract with Southern Water worth £225m.Music, DVD and games retailer HMV said against a difficult background it delivered sales and profit growth for the year, driven by good trading in HMV UK & Ireland. Pre-tax profit rose to £61.3m from £52m on sales up 4.4% to £1.96bn. Carpetright slashed its final dividend as profits tumbled by 72% last year, with the carpet retailer warning its sees no upturn for at least 12 months. Pre-tax profit in the year to end April crashed to £16.7m from £59.5m on sales of £483m, down 7.4%.Oil & gas facilities service provider Petrofac has had a good start to the year and is confident 2009 will be another year of strong growth. With year to date order intake across the group of $5.4bn, total backlog is expected to be approximately $8bn at 30 June 2009 (31 December 2008: $4bn).Bus and train operator Arriva said results for the six months will reflect the lower revenue growth rates in CrossCountry but otherwise expected to be broadly in line with expectations.Yellow Pages publisher Yell has started talks with its banks over a comprehensive refinancing, adding that trading in the second quarter of this year took another lurch downwards.Bus and train operator Arriva said results for the six months will reflect the lower revenue growth rates in CrossCountry but otherwise are expected to be broadly in line with expectations.Elsewhere in the sector National Express is boosted by bid speculation after it confirmed yesterday it had received, and rejected, a bid approach from competitor FirstGroup.Bid speculation is also pushing oil explorer Dana Petroleum higher, with Germany's energy company RWE said to be in the frame as a potential buyer.Management Consulting said revenue and underlying profit for the year will be below the same period last year and also warned full year figures could miss expectations.Overall profitability has improved "significantly" in the first six months of 2009 at debt advice firm Fairpoint ahead of the seasonally stronger second half.Pub operator Pubs 'n' Bars reported a pre-tax loss after a 'particularly challenging trading period' and omitted a dividend payment for the year.FTSE 100 - RisersThomas Cook Group (TCG) 206.00p +3.05%Wolseley (WOS) 1,156.00p +2.66%Amec (AMEC) 654.00p +2.19%Barclays (BARC) 285.70p +2.16%FTSE 100 - FallersSchroders (SDR) 826.00p -2.42%Standard Chartered (STAN) 1,147.00p -2.38%Intertek Group (ITRK) 1,035.00p -2.27%Liberty International (LII) 397.50p -2.09%
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9 Apr 2014 08:02

CORRECT: UK MORNING BRIEFING: Rolls-Royce Secures New US Defense Contract

(Correcting the name of the Australian company acquired by Ladbrokes last year.) LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday.

Among corporate newsmakers at the open, Rolls-Royce

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9 Apr 2014 07:34

UK MORNING BRIEFING: Rolls-Royce Secures New US Defense Contract

LONDON (Alliance News) - UK shares have opened higher Wednesday after two days of losses, following a firm close on Wall Street Tuesday.

Among corporate newsmakers at the open, Rolls-Royce Holdings PLC said it has won a USD100 million contract from the US Department

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13 Mar 2014 11:40

Fairpoint Reports Lower 2013 Profit After VAT Benefit In 2012

LONDON (Alliance News) - Fairpoint Group PLC Thursday reported a decline in 2013 pretax profits, after 2012 revenue was boosted by a VAT refund. The AIM-listed financial services business, which focuses on advising people in financial trouble, reported a GBP5.9 million pretax profit in 2013

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13 Mar 2014 10:10

Fairpoint Group reports drop in annual revenue on weak IVA market

Financial advisor Fairpoint Group reported a drop in annual revenues, as less people applied for individual voluntary arrangements (IVA). Revenue fell to £28.4m in the year ended December 31st 2013, from £29.9m. The company said it was a "subdued" year in the market for IVAs, a formal repayment pro

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14 Nov 2013 13:19

Fairpoint Finds New Chairman With Harrel To Succeed Peacock

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14 Mar 2013 11:29

Fairpoint Group unveils hike in annual profits

UK financial advisor Fairpoint Group recorded an 87 per cent rise in annual pre-tax profits Thursday as diversified activities pushed revenues higher. The provider of solutions to financially stressed consumers said adjusted profit before tax for 2012 came to £7.6m, compared to £4.0m reported a yea

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27 Sep 2012 13:07

Fairpoint Group returns to profit

Debt advisor Fairpoint Group reported a first half profit compared to a loss the same half a year earlier helped by a strong recovery at its IVA services division and as it continued to diversify its income streams. The group reported a pre-tax profit of £2.1m in the six months ended June 30th 2012

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20 Jul 2012 16:20

Arden Partners COO buys shares after disappointing results

Steve Wassell, the Chief Operating Officer of stockbroker Arden Partners, purchased 195,000 in the stockbroker through his self-invested personal pension on Thursday. Wassell bought the shares at 43.50p each for a total of £84,825, increasing his stake in the company to 373,743 shares, equal to aro

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25 Apr 2012 13:54

Small caps round-up: Plastics Capital, Vislink, Westminster Group ...

Plastics Capital, a niche platics products group, has said it expects its result for the full year to 31 March 2012 will be in line with market expectations, despite sales continuing to be affected by the aftermath of the Thai floods. The firm said profit margins have remained good, cash flow has be

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23 Apr 2012 15:43

WH Smith director goes to the till

Jeff Harris, a Non-Executive Director at WH Smith, purchased 10,000 shares in the stationery and book retailer on Friday, one day after the firm's interim results. Harris, currently the Chairman of FTSE 250 speciality plastic and fibre products supplier Filtrona who joined WH Smith's board in June

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23 May 2011 16:51

London close: Stocks slump as euro debt worries continue

The top share index was nursing triple-digit losses by the close of play as the eurozone debt crisis continued to rumble on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of

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24 Mar 2011 17:01

Axis-Shield finance chief buys

Ronny Hermansen, the finance director of diagnostics firm Axis-Shield, has invested £31,000 in the company. Hermansen has acquired 10,000 shares at 313.5p each, which takes his stake to 113,498 shares. Axis announced a maiden dividend of 1p a share when it released its 2010 figures last week. Th

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15 Mar 2011 09:55

Small caps: Avesco, Cyril Sweett, Fairpoint...

Big screen renter Avesco cut losses sharply in its latest quarter and said activity in its markets has picked up. Revenue rose to £30.5m in the three months to December from £23.8m with losses reducing to £0.5m from £1.8m. "It does appear that a real momentum has returned to the business and that

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15 Mar 2011 09:55

Small caps round-up: Axis-Shield, Cluff Gold, Falkland Oil...

Diagnostics company Axis-Shield turned over more than £100m for the first time last year and has paid a maiden dividend. Revenue rose 5% to £101.7m in 2010, though underlying profit fell from £8.1m to £7.1m. Profit, including £3.1m of currency and disposal gain in 2009 dropped from £11m to £7.5m.

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13 Jan 2011 13:28

Small caps round-up: Deltex Medical, Monitise, Avesco...

Shares in Deltex Medical, which makes technology to measure blood flow in patients undergoing surgery, climbed after it said sales for 2010 are expected to have exceeded £6.25m. Sales increased in all key markets, the company said. Monitise continues to benefit from the increasing trend of shoppers

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