The company has also been affected by a slower than expected recovery at its Old Orleans business, which it acquired last year.
While Regent said the medium term outlook remained positive, profits for the year to the end of June will be below current market expectations.
Regent said its entertainment bars - Walkabout and Jongleurs […]
Losses and write-offs at the group, which had several portfolios of US mortgages, came to 45m for the year to March and 66m in the final quarter.
Its manager, hedge fund group Cheyne Capital, has seen its 44% holding in QWI slashed in value. Many UK funds are listed as investors, including Scottish Widows, , […]
The company admitted the ’spread’ between what it is paying for coal and gas and the amount it is selling electricity for in the UK widened over the winter when consumer groups were railing against household power suppliers for refusing to drop their prices.
International Power accounts for around 7% of the UK’s power production […]
But the shares have returned to their well-trodden downward path, shedding a hefty 46% since hitting a three-month high of 58p in April.
Dealers were left scratching their heads as they tumbled another 3p, or 9% to 31p yesterday in heavy volumes.
Analyst James Hollins at Daniel Stewart decided the shares had fallen far enough […]
In a long-awaited move dubbed ‘Big Bang Day’ by the industry, Ofcom awarded the UK’s second digital radio licence to 4 Digital. It will bring stations such as E4 Radio, Channel 4 Radio, Sky News Radio and female-friendly Virgin Radio Viva into homes for the first time.
It is also a major boost for former […]
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