logo-loader

Investor Update: S&U turns in strong performance despite weak car market

Headlines from the Proactive UK newsroom.

Niche lender S&U (LON:SUS) says its Advantage car finance business is seeing good transaction levels despite the downturn in the new car market. 

Staff vetter ClearStar (LON:CLSU) has reported a key milestone for its Medical Information Services with monthly sales exceeding US$1mln for the first time. MIS sales in July were up 37% year-on-year.

Iraqi Kurdistan oil company Genel Energy (LON:GENL) is to resume a US$10mln share buyback programme to help rectify what it says is a significant undervaluation of its share price.  The company says utilising its balance sheet to repurchase shares represents a value accretive use of its cash resources.

Housebuilder Bellway (LON:BWY) says demand is strong but lower house price inflation is having an impact. Revenues rose by more than 8% to £3.2bn in the year to July. 

Hargreaves Lansdown has urged Woodford Investment Management to stop collecting fees from its suspended equity income fund.  Hargreaves new business inflows dropped by 4% in the year to June. 

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of S & U PLC named herein, including the promotion by the Company of S & U PLC in any Content on the Site, the Company receives from said issuer...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Investor Update: AfriTin Mining produces first concentrate from Uis mine

Headlines from the Proactive UK newsroom. AfriTin Mining (LON:ATM) has produced is first tin concentrate from the Uis mine in Namibia. The miner has also signed an offtake deal with a Thai group.  BlueRock Diamonds (LON:BRD) has sold a fifth diamond this year for more than US$50,000....

2 hours, 29 minutes ago

2 min read