Experian non-exec invests £101,000
25th Nov 2010 17:05
Non-executive director Judith Sprieser has invested £101,000 in credit checking firm Experian. Sprieser, who was appointed to the board in June, bought 13,590 shares at 746.25p each. Sprieser is a former boss of technology software company Transora and prior to that finance director of Sara Lee.
Read moreWednesday newspaper round-up: Marks & Spencer, BP, Oil prices...
10th Nov 2010 06:39
Marc Bolland outlined a plan to steer Marks & Spencer out of the path of the big supermarket groups yesterday as he unveiled his three-year blueprint for the retailer. The Dutchman who took over as chief executive in May delivered his vision for restoring M&S to greatness in rigorous detail, focusi
Read moreLondon close: Footsie adds gains as results impress
9th Nov 2010 16:58
Footsie added more gains Tuesday as a stream of company updates was mostly well-received. Fund manager Schroders muscled its way to the top of the Footsie leaderboard, seeing off competition from several other heavy hitters that have made trading updates today. Profits rocketed at Schroders during
Read moreLondon afternoon: Stocks come off the boil
9th Nov 2010 14:44
Investors creamed off a few profits over the lunchtime session pushing the Footsie back below 5900. Fund manager Schroders has muscled its way to the top of the Footsie leaderboard, seeing off competition from several other heavy hitters that have made trading updates today. Profits rocketed at Sc
Read moreLondon midday: Footsie climbs high as results impress
9th Nov 2010 12:21
Footsie has been hitting new highs in line with its pre-financial crisis levels as well-received company results drive the leading share index higher. Barclays is in demand after eked out a small increase in nine-month profit as a doubling of profit at the investment banking arm offset huge impair
Read moreLondon open: Results give Footsie a lift
9th Nov 2010 08:48
London has opened stronger than expected after the dip on Wall Street overnight, largely due to some well received trading updates from index heavyweights on a very busy company announcement day. Barclays eked out a small increase in nine-month profit as a doubling of profit at the investment banki
Read moreLondon pre-open: Small slip in store
9th Nov 2010 07:39
Last night's dip on Wall Street looks set to trip London in early deals, although there's plenty of corporate news to digest. Futures prices point to a 9-point decline at the start of play. The Dow Jones was down 37 points last night. Barclays eked out a small increase in nine-month profit as a d
Read moreAB Foods crashes £10bn revenue barrier
9th Nov 2010 07:27
Primark and British Sugar owner Associated British Foods saw annual sales smash through the £10bn barrier for the first time, with a little help from an extra week's trading. Revenue in the 53 weeks to 18 September was £10,167m, up 10% from £,9255 in the previous year, which only had 52 weeks of tr
Read moreTuesday preview: Barclays, M&S, Vodafone
8th Nov 2010 15:29
Barclays is the last of the big four banks this month to give a trading update on Tuesday when it issues an interim management statement. Deutsche Bank is predicting the stalwart of the UK high street will announce third quarter revenues of £2.7bn. All eyes will be on write-downs and other excepti
Read moreBroker tips: AB Foods, London & Stamford, BSkyB
5th Nov 2010 12:49
Panmure Gordon expects Primark and British Sugar owner Associated British Foods (ABF) to report a strong set of full year results on Tuesday but next year things might be a bit tougher. The broker thinks the year to September 30 2010 was "a remarkable year" for the food and retail company, and for
Read moreBroker snap: Rising input costs a challenge to AB Foods
5th Nov 2010 10:28
Panmure Gordon expects Primark and British Sugar owner Associated British Foods (ABF) to report a strong set of results on Tuesday for fiscal 2010 but next year things might be a bit tougher. The broker thinks the year to September 30 2010 was "a remarkable year" for the food and retail company, a
Read moreMonday newpaper round-up: Smiths Group, jobs, BG
1st Nov 2010 06:24
Smiths Group, the cargo-scanning equipment maker, is understood to have been contacted by the Government over the weekend as the authorities move to step up security in the wake of the Yemeni bomb plot. News of the discussions is likely to lift shares in the group, which already supplies the US wi
Read moreTuesday tips round-up: BAE Systems, AB Foods, CSR...
14th Sep 2010 06:50
BAE shares have been poor performers since the start of 2009 and various analysts believe the fall has been overdone. Further clarification in the spending review might set nerves at rest, but for now BAE shares sell on a relatively inexpensive seven times this year's earnings with the buttress of
Read moreLondon close: Strong run continues
13th Sep 2010 16:42
Shares continued rising Monday as they reacted positively to new banking regulations and Chinese economic data. London is up for the fourth session in a row and trading higher for the eleventh day out of twelve, up at a new four-month high. Stocks haven't been this high since 30 April. Banks were
Read moreFTSE 100 movers: Miners higher on Chinese growth
13th Sep 2010 16:24
Miners have been pushed higher by investor optimism following strong Chinese growth figures. Chinese industrial production jumped a better than expected 13.9% year-on-year in August, calming fears about the global slowdown. Kazakhmys, Antofagasta and Vedanta are all higher. Banks are among the t
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