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The UK small caps index ends 1.5 percent higher at 3,880.22 points, a level not seen since June 10, having extended gains in the afternoon as the Bank of England and the European Central Bank pledge to keep accommodative monetary policies. The junior-listed AIM shares rise 1.2 percent, whil
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Textile rental and facilities management business Johnson Service said it will deliver a strong first half and expects annual results to be in line with expectations. Within the Textile Services division, Textile Rental has traded well in the first half of the year, benefiting from the first full y
Read moreAberdeen Asset Management: JP Morgan reduces target price from 573p to 476p and reiterates its overweight rating. Ashmore Group: JP Morgan cuts target price from 410p to 339p maintaining a neutral rating. ASOS: Jefferies raises target price from 2199p to 6200p and upgrades from underperform to buy
Read moreUK small caps close 0.9 percent higher, lagging the blue chips and the midcaps, which both gain 1.4 percent. London Capital Group tumbles 18.5 percent after spreadbetter City Index says it will not make an offer for the firm. London Capital says it is confident of its future as an independe
Read moreThe FTSE Small Caps index climbs 0.3 percent, underperforming the wider market, with the FTSE 100 up 0.8 percent and the midcaps 1 percent firmer. Johnson Service Group adds 3.3 percent after announcing full-year results, which show a 10.1 percent rise in adjusted pretax profit to 16.3 mill
Read moreAbcam: Investec raises target price from 466p to 484p and keeps a buy recommendation. Numis revises target price from 470p to 530p and maintains its buy ratng. Access Intelligence: Merchant Securities initiates with a target price of 7p and a buy recommendation. Amlin: Canaccord Genuity raises tar
Read moreThe FTSE Small Caps index is up 0.1 percent in morning trade, outperforming weaker showings by the FTSE 100 and FTSE 250 indexes, down 0.1 percent and 0.2 percent respectively. Oxford Catalysts Group gains 6.9 percent after the Times newspaper says Roman Abramovich, the Russian billionaire and Chel
Read moreJohnson Service Group, the supplier of workwear and textile rental, dry-cleaning and facilities management, said that it is to meet forecasts with its 2012 results due out in early March. "The group expects to announce results for the year ended December 31st 2012 which will be in line with market
Read moreTextile services and facilities management provider Johnson Service Group has sold its shares in dry cleaning subsidiary Alex Reid for a cash consideration of 2.1m pounds. The proceeds from the sale of shares, which were sold to detergent supplier Christeyns UK on a debt-free basis, will be used to
Read moreAggreko: Jefferies keeps buy rating and 2,800p target; Seymour Pierce keeps buy rating and 2,500p target; Panmure Gordon cuts target from 2,228p to 2,159p, hold rating unchanged. Alliance Pharma: umps upgrades to buy, target lifted from 32p to 37p. Avacta: Panmure Gordon keeps buy rating and 1.75p
Read moreTextile services and facilities management firm Johnson Service Group increased its interim dividend despite profits falling in the first half. Revenues were up 7.7% at £126.3m, while pre-tax profits fell by the same proportion to £6m. Earnings per share sneaked up slightly to 1.9p, while net debt
Read moreDry-cleaning, textile rental and facilities management business Johnson Service said it will close 100 out of its 460 dry-cleaning shops by the end of the year. The group said the shops marked for closure are all loss making. Johnson said it anticipates that the result for the dry-cleaning division
Read moreLord Wolfson of Aspley Guise, Chief Executive of High Street retailer Next, has made his first sale since March 2007 in a move which triggered a widespread sale of the company's shares. Wolfson, who has stood at the helm of the chain store since 2001, sold off 125,000 shares at 3,057p each for a t
Read moreLondon closed comfortably below its best levels of the day despite better than expected US jobless data which had some market commentators crying 'foul'. US non-farm payrolls grew by 200,000 during the month of December. The consensus estimate was for a reading of 155,000. Morgan Stanley has sugges
Read moreDry-cleaning, textile rental and facilities management business Johnson Service fell to a 52-week low after it issued a mild profit warning. The group said results for 2011 will be "marginally below" market expectations, largely as a result of a less than sparkling performance by the dry cleaning d
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