Cjzy Reckitt slides after profit misses target
Tuesday 24 June 2014 2:41 am|Updated:Thursday 06 June 2019 11:18 pmShoe Zone releases positive results following IPOBy: Sarah SpickernellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleAfter listing as a public company last month, Shoe Zone has released positive initial results.Pre-tax profit rose to pound;2.7m, a large increase from pound;200,000 in the first half stanley cup of the last financial year, and earnings per share rose to 3.7p.There were few signs of disappointment for the UK footwear retailer. Although revenues were down six per cent in the six months ending April 5, this reflected the planned closur polene bag e of a number of owala wasserflasche temporary stores.Prospects continue to be positive with the opening of three new stores and a launch on Amazon that has so far achieved good results . The company s chief executive, Anthony Smith, said: Our strong market position ensures we are well placed to benefit from any growth in the UK footwear market and the Board continues to look to the future with confidence. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsIPOsTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover ndash; who are the top Suec Cable tells all-male FTSE 100 8200;boards to appoint women
Thursday 11 October 2012 8:19 pm|Updated:Thursday 30 May 2019 2:22 pmDirect Line IPO 8200;boosted by US 8200;interventionBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDIRECT 8200;Line 8200;Group yesterday celebrated a successful float as its shares jumped by more than seven per cent ndash;ensp;however City A.M. has learned that Londonrsquo biggest initial public offering IPO 8200;in 17 months 8200;was heavily reliant on demand from US 8200;institutional investors.More than a third of the initial tranche of shares were bought by American funds, an unusually high amount for a London listing.RBS, which was forced to sell the insurance business by EU regulators, yesterday offloaded 30 per cent of the group, raising pound;7 stanley drink bottle 87m. Priced at 175p, the shares finished a day of limited trading at 188p. The offering was popular with retail investors, who got 15 per cent of the shares available, buying an average of pound;5,000-pound;6,000 each. UK 8200;institutions snapped up around 40 per cent of the stock, closely followed by the 35 per cent that went to American funds. European institutions took the remainder.US investors are comfortable with IPOs, the UK and the insurance stanley cup sector, chief executive Paul Geddes told this newspaper yesterday. 8200;Part of the roadshow was in New York and Boston ndash;ensp;we raised pound;500m owala cup of
Tuesday 24 June 2014 2:41 am|Updated:Thursday 06 June 2019 11:18 pmShoe Zone releases positive results following IPOBy: Sarah SpickernellShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleAfter listing as a public company last month, Shoe Zone has released positive initial results.Pre-tax profit rose to pound;2.7m, a large increase from pound;200,000 in the first half stanley cup of the last financial year, and earnings per share rose to 3.7p.There were few signs of disappointment for the UK footwear retailer. Although revenues were down six per cent in the six months ending April 5, this reflected the planned closur polene bag e of a number of owala wasserflasche temporary stores.Prospects continue to be positive with the opening of three new stores and a launch on Amazon that has so far achieved good results . The company s chief executive, Anthony Smith, said: Our strong market position ensures we are well placed to benefit from any growth in the UK footwear market and the Board continues to look to the future with confidence. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsIPOsTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover ndash; who are the top Suec Cable tells all-male FTSE 100 8200;boards to appoint women
Thursday 11 October 2012 8:19 pm|Updated:Thursday 30 May 2019 2:22 pmDirect Line IPO 8200;boosted by US 8200;interventionBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleDIRECT 8200;Line 8200;Group yesterday celebrated a successful float as its shares jumped by more than seven per cent ndash;ensp;however City A.M. has learned that Londonrsquo biggest initial public offering IPO 8200;in 17 months 8200;was heavily reliant on demand from US 8200;institutional investors.More than a third of the initial tranche of shares were bought by American funds, an unusually high amount for a London listing.RBS, which was forced to sell the insurance business by EU regulators, yesterday offloaded 30 per cent of the group, raising pound;7 stanley drink bottle 87m. Priced at 175p, the shares finished a day of limited trading at 188p. The offering was popular with retail investors, who got 15 per cent of the shares available, buying an average of pound;5,000-pound;6,000 each. UK 8200;institutions snapped up around 40 per cent of the stock, closely followed by the 35 per cent that went to American funds. European institutions took the remainder.US investors are comfortable with IPOs, the UK and the insurance stanley cup sector, chief executive Paul Geddes told this newspaper yesterday. 8200;Part of the roadshow was in New York and Boston ndash;ensp;we raised pound;500m owala cup of