Investors in two biggest UK-listed energy firms should be wary

Investors in the two largest UK-listed energy businesses are wrapped in a financial duvet this winter. While the share prices in Centrica and SSE may have dipped last week on the back of Ed Miliband's threat of a price freeze, they are well ahead of their 2009 level. Centrica's share price is up by more than half at 367p. SSE stood at £10.60 in early 2009 and closed at £14.74 on Monday.Then there are the ever-rising dividends. Without any interruption for the financial crash, SSE's shareholder Read more [...]

AIM-listed company spending

30/09/2013 By Daniel HunterResearch on the finances of 134 AIM-listed companies by accountancy firm, SKS Business Services, reveals a surprising leap in spend on non-core operations that has more than wiped out their profits.The in-depth study of 670 small cap financial reports shows that costs relating to non-core operations such as finance, legal and rents have soared 22 per cent in one year from an average of £5.2 million in 2011 to an average of £6.4 million in 2012. Read more [...]

DIARY – Switzerland – Corporate events to Sep 27, 2013

ZURICH, Sept 30 | Mon Sep 30, 2013 5:31am BST ZURICH, Sept 30 (Reuters) - Date GMT Event Title RIC ---------------------------------------------------------------------------------------30-Sep 5:00 Full Year /2013 Aryzta Earnings Release30-Sep 7:00 Full Year /2013 Aryzta Earnings Conf Call30-Sep Half Year 2013 Aevis Holding SA Earnings Release30-Sep Half Year 2013 Read more [...]

DIARY – Switzerland – Corporate events to Sep 27, 2013

ZURICH, Sept 30 | Mon Sep 30, 2013 12:31am EDT ZURICH, Sept 30 (Reuters) - Date GMT Event Title RIC ---------------------------------------------------------------------------------------30-Sep 5:00 Full Year /2013 Aryzta Earnings Release30-Sep 7:00 Full Year /2013 Aryzta Earnings Conf Call30-Sep Half Year 2013 Aevis Holding SA Earnings Release30-Sep Half Year 2013 Read more [...]

Profits of listed retail firms rise 3% to SR1.12bn in H1

Profits of retail firms listed on Saudi stock market (Tadawul) rose by 3 percent to SR1.12 billion in the first half of 2013 compared to SR1.09 billion in the same period last year, local media said.The retail sector is composed of 12 joint stock companies with their market capitalization valued at SR44.6 billion, or 2.93 percent of the market value of the total Tadawul listed companies. The capital of the retail sector firms stands at SR5.3 billion.Performance of retail sector companies varied Read more [...]

Here Are The Major Economic Events To Watch This Week*

REUTERS/Kevin LamarqueA tourist gazes up towards the dome of the U.S. Capitol in Washington.*If the U.S. government shuts down, several of the scheduled economic releases listed below will be cancelled.------------------------------ Things are starting to get interesting. If Congress can't agree on a budget deal, then the government will "shut down" on Tuesday. Meanwhile, it's jobs week in America. On Friday, the Bureau of Labor Statistics is scheduled to release the September employment Read more [...]

Little Miracles drink listed by Sainsbury’s

29 Sep 2013 | By Vince Bamford Natural energy drink brand Little Miracles has secured its first big four listing.Sainsbury’s will carry the blend of ginseng and açai in front-of-store chillers in 100 Locals from next month. Available in Green Tea Pomegranate, White Tea Cherry and Black Tea Peach (all rsp: £1.69) - they are free from artificial colours, flavours and sweeteners.The brand Read more [...]

Page by page, layer by layer: Grand Canyon authors gather at MNA for readings …

In the calendar of happenings so far this year, we have had the Grand Canyon Music Festival and the Grand Canyon Celebration of Art. And gaining steady momentum behind these two festivals that celebrate the great gorge and its inspiration is a growing annual gathering of Canyon authors.On Saturday, Oct. 5, the Museum of Northern Arizona, in partnership with the Grand Canyon Association, will bring “Of Lines and Layers: The Third Annual Grand Canyon Author’s Symposium.” The event Read more [...]