Lakehouse's sales slumpThe scale of the challenge at social housing maintenance outfit Lakehouse (LAKE) was laid bare by new management at half year results published on 17 May.Revenue, excluding the contribution from acquisitions, sank 17% in the six months to 31 March 2016 and, while the second half should be better, profit expectations have been revised lower. (WC)All Leisure quits AIMCruise op

Mobile communications technology minnow Mobile Tornado (MBT:AIM) is at last on the cusp of a meaningful roll out of its push-to-talk technology that could free it from its past sub-scale curse and spark a share price re-rating. The stock is currently trading at 5.88p.The £18.3 million micro cap's intellectual property-based system works a bit like Skype, in that it allows large workforces to comm

London stocks slip modestly lower in early trade on Thursday with investors pausing for breath after a record-setting session the previous day. Property and retail issues dominate corporate news, while stocks going ex-dividend knocks market also.The FTSE 100 is down around 5 points, or 0.08% at 7,092 in early deals, retreating from Wednesday's all-time closing high of 7,096.78. The index also set

London's FTSE 100 is 3.8 points lower at 6,644.1 as it gives up earlier gains following a disappointing set of figures from HSBC (HSBA). The banking giant reported a lower-than-expected 10% rise in half-year pre-tax profits to £9.2 billion. This came in below the £9.5 billion consensus, although HSBC, 4.1% easier at 724p, still managed to move profits in the right direction despite a 7% revenue

Difficult trading conditions have forced Czech Republic-based New World Resources (NWR) to abandon its 2013 production targets set less than two months ago. This has spooked investors, causing the coal miner's share price to collapse 10.6% to 167.1p. We have flagged the company's problems several times in Shares, click here and here to read our two stories from February.Department store operator D