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Pin to quick picksJohnston Press PLC Share News (JPR)

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London afternoon: Shares aim higher

Fri, 28th Aug 2009 14:27

London's blue chips have added to gains in afternoon trading ahead of what is expected to be a rosy start on Wall Street.US stocks are seen posting good gains after Intel hiked its third-quarter revenue outlook just before the open.Kazakhmys, Xstrata, Rio Tinto, Antofagasta, Randgold Resources, Anglo American and Vedanta Resources are all amongst the major risers.Lloyds is amongst the risers on rumours that it is considering alternatives to the government's toxic asset protection scheme (APS), which could include the sale of Scottish Widows or even a rights issue. The part-nationalised lender may also sell Clerical Medical, a provider of investment products and pensions.National Express dropped after it rejected the improved 450p per share offer from a consortium led by its main shareholder, saying that it undervalued the group and its prospects.Bus and rail operator Stagecoach said conditions remain challenging as it reported a 4.4% rise in like-for-like UK bus revenues and a 0.9% rise in UK rail revenues in the 12 weeks to July 26. Online gaming giant PartyGaming saw pre-tax profits rise at the half year stage, but revenues fell by 21% predominantly due to the strength of the dollar against the euro and sterling. Cost control measures and a refusal to slash prices helped Restaurant Group, the company behind the Frankie & Bennie's and Chiquito chains, to post a rise in profits for the first half of the year despite falling sales at its restaurants.Oil explorer Dana Petroleum reported a sharp drop in first half profits in what it called a very difficult macro economic environment. Profit before tax for the period was £21.9m from £133.1m last time. JKX Oil meanwhile saw lower oil prices crimp profits for the half-year but said its second half performance is expected to be in line with expectations.Oil explorer Heritage Oil reduced half year losses and said growth prospects never looked better, while fellow oil and gas firm Melrose Resources upgraded its full year production guidance but saw half-year results also hit by lower commodity prices.Independent News and Media, the Irish publisher of the UK's Independent newspaper, swung to a first-half net loss and said it expects full-year profits to be at the low end of guidance.Edinburgh based publisher Johnston Press said half year pre-tax losses swelled to £94m as revenues fell 25%. The group, which produces the Yorkshire Post and The Scotsman, said pre-tax loss swelled to £94.2m in the 26 Weeks to 30 June 2009 from a loss of £53.7m the year before. Revenue fell to £218.6m.Advertising firm Aegis saw profits slide in the first half of the year after the downturn in the sector proved more difficult than expected. Pre-tax profits for the period totalled £6.6m compared with £47.4m for the first half of 2008. Revenue climbed to £636.7m from £607.6m due to positive currency effects.Laundry and workwear firm Davis Service Group posted a slight fall in pre-tax profits in the first half of the year as it continued to experience tough trading in its main markets.Upmarket cooker maker Aga moved into the red in the half year to 30 June and expects Autumn sales to match levels seen the same time last year.Investment bank Evolution saw adjusted operating profit jump 102% in the half year ended 30 June to £9.1m as Investment Banking income rose 93% to £33.9m, mainly from more sustainable secondary equities and fixed income commissions.FTSE 100 - RisersKazakhmys (KAZ) 997.50p +6.46%Lloyds Banking Group (LLOY) 110.74p +5.77%Xstrata (XTA) 834.00p +5.30%Eurasian Natural Resources (ENRC) 870.00p +4.82%Randgold Resources (RRS) 3,642.00p +4.66%Lonmin (LMI) 1,476.00p +4.38%Wolseley (WOS) 1,463.00p +4.13%Antofagasta (ANTO) 770.00p +3.98%FTSE 100 - FallersSerco Group (SRP) 470.00p -2.67%Pennon Group (PNN) 461.50p -1.33%BG Group (BG.) 1,032.00p -0.86%Schroders NV (SDRC) 911.00p -0.82%United Utilities Group (UU.) 462.20p -0.75%National Grid (NG.) 600.00p -0.66%Cobham (COB) 202.80p -0.64%Schroders (SDR) 1,080.00p -0.64%
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22 Oct 2018 16:57

Majedie Investment Unit Sells Entire Johnston Press Stake (ALLISS)

LONDON (Alliance News) - Johnston Press PLC said Monday that Majedie Asset Management Ltd sold its entire stake in the company.Majedie previous holding in the company before the sale was at

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19 Oct 2018 18:25

Custos Group Raises Johnston Press Stake To 25% In Deal (ALLISS)

LONDON (Alliance News) - Johnston Press PLC said Friday Custos Group AS increased its stake in the multimedia news company to 25% after transactions on Thursday and Friday.Prior to these a

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11 Oct 2018 10:04

Johnston Press puts itself up for sale

(Sharecast News) - Johnston Press, the publisher of the i and Scotsman newspapers and roughly 200 other local titles, has put itself up for sale.

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11 Oct 2018 09:34

Debt-Laden Scotsman Publisher Johnston Press Puts Itself Up For Sale

LONDON (Alliance News) - Johnston Press PLC, the publisher of the i, Scotsman and Yorkshire Post newspapers, said Thursday it has decided to put itself up for sale to maximise shareholder value on

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29 Aug 2018 10:40

WINNERS & LOSERS SUMMARY: Johnston Press Drops 20% On Revenue Decline

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29 Aug 2018 07:53

Johnston Press revenue dented by Google and Facebook changes

(Sharecast News) - Newspaper publisher Johnston Press reported a drop in first-half revenues on Wednesday as it took a hit from algorithm and news feed changes at Google and Facebook, but said it swung to a pre-tax profit.

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27 Jul 2018 16:41

Alex Salmond Dropped From Johnston Press Takeover Plans

LONDON (Alliance News) - Alex Salmond has been dropped from plans for a takeover of the newspaper group which publishes the Scotsman and the i, it has emerged.Norwegian investor Christen he

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26 Jul 2018 13:15

Johnston Press Shares Spike 60%, Knows Of No Reason Why

LONDON (Alliance News) - Johnston Press PLC said Thursday it does not know the reason behind its sharp share price increase.Shares were trading 60% higher at 5.66 pence each Thursday - the

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29 May 2018 16:05

UK Shareholder Meetings Calendar - Next 7 Days

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1 May 2018 09:28

Johnston Press Boss Ashley Highfield Resigns As Finance Head Steps Up

LONDON (Alliance News) - Publishing firm Johnston Press PLC said Tuesday Chief Executive Officer Ashley Highfield will resign from early June for "family reasons" to be replaced by its -

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19 Mar 2018 09:47

PRESS: Investor Pauses Bid To Make Alex Salmond Johnston Press Chair

LONDON (Alliance News) - Plans for former Scottish National Party leader and First Minister of Scotland Alex Salmond to be installed as chairman of Johnston Press PLC by have

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3 Feb 2017 09:42

UPDATE 1-Yorkshire Post publisher Johnston Press flags improved trading

(Recasts, adds shares, details) Feb 3 (Reuters) - Johnston Press Plc, the publisher of the Scotsman, said trading towards the end of 2016 improved as it posted a 1 percent rise in fourth-quarter revenue aided by strong sales of its "i" and Yorkshire Post titles. The 250-year-old compa

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3 Feb 2017 09:29

Johnston Press recovers after tough post-Brexit vote period

(ShareCast News) - Multimedia company Johnston Press, owner of brands like The Scotsman and The Yorkshire Post, has reported an improvement in trading in the fourth quarter after a 5% fall in revenue during the aftermath of the Brexit vote. The group recovered in the fourth quarter with a 1% rise in

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3 Feb 2017 08:13

Publisher Johnston Press full-year revenue falls; weak pound hurts

Feb 3 (Reuters) - Johnston Press Plc, the publisher of the Scotsman and the Yorkshire Post, said it is seeing higher costs from imported paper and ink due to weakness in sterling after the Brexit vote, as it posted a 6 percent fall in full-year revenue. The 250-year-old company said trading

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