London open: Miners up on quiet day
9th Apr 2010 08:21
Miners are giving London's top stocks a lift on a relatively quiet day on the company news front. Xstrata is leading the way, closely followed by Kazakhmys, Antofagasta, Anglo American and Eurasian Natural Resources. Mining giant Rio Tinto is also up after it said it is in talks with several of it
Read moreAvesco founder adds to stake
6th Apr 2010 16:36
Deputy chairman Richard Murray is buying shares in Avesco Group at a time when there is stake building by an investment company. Taya Investment Company increased its stake in the broadcast and presentation equipment supplier and renter to 26.6% last month. Taya has been building up this stake i
Read moreLondon close: Footsie takes a late tumble
30th Mar 2010 16:55
A late dive in line with a slide into the red on Wall Street sent shares lower ahead of the close. US stocks were hit by worries over the sovereign debt situation. The retreat came as rating agency Standard & Poors cut Iceland's rating and after subdued demand for an auction of 12-year Greek debt.
Read moreLondon afternoon: Footsie seeking direction
30th Mar 2010 14:20
Footsie is still marking time as gains in the mining sector struggle to offset losses among banking stocks. Mining giant BHP Billiton is higher after saying it has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts. The renegotiated contracts cover th
Read moreFTSE 100 movers: Financials negate mining gains
30th Mar 2010 12:14
Mining companies remain the best performers in the Footsie but they can't totally offset the decline in financials. Strong demand for metals plus news that BHP Billiton has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts has boosted the whole sect
Read moreLondon midday: Equities mark time
30th Mar 2010 12:01
Footsie finished the morning little changed despite a strong showing from the mining sector. Mining giant BHP Billiton is higher after saying it has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts. The renegotiated contracts cover the majority of B
Read moreLondon open: Miners push Footsie higher
30th Mar 2010 08:55
London has started on a firm footing and is heading for its best month in decades with mining stocks in focus with BHP Billiton and Kazakhmys both making announcements. Mining giant BHP Billiton has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts.
Read moreDeparting Serco chairman sells most of his stake
18th Mar 2010 16:37
Departing chairman Kevin Beeston has sold nearly all his remaining shares in outsourcing group Serco. Alastair Lyons will take up the chairmanship of the company after the Annual General Meeting on 11 May. Lyons has been non-executive chairman of Admiral Group since 2000. Beeston's departure mark
Read moreStandard Life executives add to holdings
11th Mar 2010 17:08
Life insurer Standard Life's executive directors have added to their shareholdings following Wednesday's full year results. Chief executive David Nish's wife Caroline has bought 75,000 shares at 206.05p each. This investment of nearly £155,000 takes the Nish family stake to 261,981 shares. Nish
Read moreLondon open: Miners lead decline
11th Mar 2010 08:17
London's main index is being dragged lower by mining stocks, though Old Mutual is the weakest link among the blue chips after it published full-year results this morning. South African insurer Old Mutual has resumed dividend payments following a better second half and is exploring the sale of US Li
Read moreLondon close: Footsie suffers hiccup
4th Mar 2010 16:40
The blue chip index failed to stretch its winning streak to a fifth session, falling for the first time this week on negative results reaction and downbeat miners. It held above 5,500 all day despite coming close just after trade began and towards the end of play. Engineering and project managemen
Read moreLondon close: Footsie suffers lack of confidence
23rd Feb 2010 16:21
A terrible report on US consumer confidence sent Wall Street spiralling lower, dragging London's leading index deep into the red late on. UK shares started well enough, but weakened steadily through the morning and spent much of the afternoon dipping in and out of negative territory until the US da
Read moreLondon close: Third day of gains
2nd Feb 2010 16:39
A strong start in the US helped London rise for the third day in a row and finish at its highest in over a week, with commodity plays the pick of the bunch. Investors piled into miners as metal prices took off and brokers backed a further recovery in share prices. Eurasian Natural Resources (ENRC)
Read moreLondon afternoon: Stocks in consolidation mode
2nd Feb 2010 13:57
Leading shares drifted sideways over the lunchtime session, leaving the Footsie in the blue, largely thanks to the strength of miners, which are getting lots of love from brokers. Eurasian Natural Resources (ENRC), Kazakhmys and Rio Tinto, Lonmin, Xstrata and Anglo American are the best performers
Read moreLondon midday: Footsie flat after mixed earnings news
28th Jan 2010 12:13
Blue chips are struggling to make headway in the face of mixed company news today. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is one of the best performers after it said it had a strong second quarter with revenues coming in marginally ahead of expectations. Turnover in
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