Lady relies on share issue to keep in shape.Women-only-gyms group Lady in Leisure has been forced to issue a batch of new cut-price shares to raise pounds 1.7 million.Lady, which bought the Curves clubs in the Midlands, will use the funds to boost dwindling cash reserves Cash reserves See: Cash investments cash reserves Investment funds that are held in short-term assets such as Treasury bills and certificates of deposit until more permanent investment opportunities are available. . Some 2.26 million new ordinary shares are being placed at 75p each. Lady's existing shares, which have slumped from 233p over the last year, fell 13p to 85p. Aborted merger plans earlier this year hit Lady's performance. Cooper director quits Pressings group Frederick Cooper Frederick Cooper is an American historian who specializes in colonialization, decolonialization and African history. Cooper received his Ph.D from Yale University in 1974 and is currently professor of history at New York University. has accepted the resignation of Mr John Thompson John Thompson is the name of: Academics
Business figuresMr Thompson has agreed to make himself available to the group in an adviser for six months, the Worcester-based added. Cars deal British Car Contracts of Shirley has won a contract to supply transportation experts Transamerica Leasing with 80 new vehicles for its British salesforce. Transamerica Leasing owns and manages trailers and containers. Award for Potter An award for European Hazardous Chemical Distribution Company of the Year has been presented to the Droitwich-based Potter Group by the European Institute of Transport Management, in recognition of its logistics services for Ciba Speciality Chemicals. Weighty decision Weight manufacturer F J Thornton & Co of Wolverhampton, has turned its attention to the food industry with a range of large galvanised iron weights. Thornton's weights are designed for use at stages in food processing, from receipt and storage of raw materials through to warehousing and distribution of the final packages product. New lair for Lynx Lynx Express has acquired the former Business Post three-acre hub facility at Spitfire Road, Erdington, Birmingham. Financial Week...18 Business View...19 More Business News...19/21 Market Report...19 Profile...20 Financial Briefing...22 Share Prices...19 Unit Trusts ...24/25 Appointments...26 - 29 Personal Finance...30 - 32 Cadbury 414xd + GKN GKN Guest, Keen & Nettlefolds (British global engineering company) GKN Global Knowledge Network GKN Gemeenschappelijke Kernenergiecentrale Nederland GKN Global Korean Network GKN Iks Gorkon (Star Trek novel Series) 1069 -10 Glynwed 250 +10 IMI IMI International Masonry Institute (Washington, DC) IMI Israel Military Industries IMI Institute of the Motor Industry IMI International Market Insight IMI Imposto Municipal Sobre Imóveis (Portugal) 311 +10 Mirror Group 262 +2 Severn Trent 889xd +11 Tarmac 522 +4 Williams Holdings 373 +20 Wolseley 550 +33 SELLING BUYING German mark 2.9682 2.9721 US dollar 1.6058 1.6068 Japanese yen 185.63 185.91 French franc 9.9548 9.9679 Italian lire 2938.48 2942.35 Spanish peseta 252.50 252.84 Swiss franc 2.4315 2.4347 Australian dollar 2.4628 2.4683 Hong Kong dollar Noun 1. Hong Kong dollar - the basic unit of money in Hong Kong dollar - the basic monetary unit in many countries; equal to 100 cents 12.4660 12.4780 Euro 1.5176 1.5196 |
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