Recent Posts

GPG sees Coats rebranding in sight, slips back into the red

Guinness Peat Group expects to rebrand itself as UK threadmaker Coats, its biggest asset, in the second half of 2013, having slipped into the red last year on a fine handed down by the European Court. The London-headquartered firm made a loss of 3 million pounds in the 12 months ended Dec. 31, compared to a profit of 1 million …

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Energy Mad projects $1.1m full year loss vs. $4m profit in prospectus

Energy efficient lightbulb innovator and marketer Energy Mad has issued the latest in a string of downgrades since its listing in late 2011 and is now projecting a loss of $1.1 million for the year to March 31. That compares with a $4 million forecast profit in its 2011 prospectus and a revision just two months ago to expect a …

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