Market Report: Taking Stock
Saturday 06 June 1998
investment group which lost heavily when it failed to buy Manchester stockbroker John Siddall, fell a further 4p to a 33.5p low. The shares returned from suspension this week; they were frozen at 130p. Now under new management, IAM is expected to seek to expand through acquisitions in the near future.
FRIENDS Ivory & Sime, the result of the Ivory & Sime merger with Friends Provident Asset Management, should achieve profits of pounds 16.6m this year; pounds 17.5m next and then pounds 18.7m, says Merrill Lynch. Chief executive Peter Jones acquired 25,000 shares at 204p and two other directors picked up stock. The shares fell 1p to 203.5p.
METRODOME, the film and music group, held at 11p. It raised pounds 500,000, placing shares at 6p with institutions.
- 1 Jeremy Clarkson 'sees no problem' with his racist language on Top Gear, says BBC
- 2 'Alien thigh bone' on Mars: Excitement from alien hunters at 'evidence' of extraterrestrial life
- 4 London restaurant 34 creates champagne glass modelled on Kate Moss’ left breast
- 5 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
'Alien thigh bone' on Mars: Excitement from alien hunters at 'evidence' of extraterrestrial life
Russell Brand opposes anti-Semitism after death threats: 'We must disavow all forms of prejudice that lead to exclusion and execution'
James Foley 'beheaded': Isis video shows militant with British accent 'execute US journalist' – as hunt begins for killer
ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27
Microbial life found living on the exterior of the International Space Station, say reports
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Bin bag full of cats' heads discovered near Manchester's Curry Mile
Disgusting, frustrating, but intriguing: how the country really feels about its politicians
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