FTSE 100 movers: Aggreko leaps on full year guidance
27th Apr 2011 13:39
Temporary power supplier Aggreko has surged ahead after saying it expects its full year profits to be slightly ahead of 2010 after a strong start to the year. Airline IAG is firmly highly, continuing from strong gains made yesterday. Engineers GKN, IMI and Weir Group are also among the best perfo
Read moreLondon midday: FTSE 100 bounces back
27th Apr 2011 12:05
Shares are slightly in the blue now, though the relatively calm performance overall belies some big share price movements in both directions following a stream of updates. Banking giant Barclays is lower after saw adjusted profit before tax rise 10% in the first quarter of 2011, despite a 15% slide
Read moreBroker snap: Aggreko a 'hold' despite strong first quarter
27th Apr 2011 12:03
Charles Stanley keeps its 'hold' on temporary power supplier Aggreko despite a "very positive" first quarter update, due the stock's recent strong run. "Aggreko has issued an interim management statement for period from 1 January to date which is better than expectations both in terms of revenue gr
Read moreLondon open: Stocks move both ways after updates
27th Apr 2011 08:32
Shares have edged slightly lower in early dealings with some big name company updates getting a poor reception, though there are some significant risers. Banking giant Barclays is lower after saw adjusted profit before tax rise 10% in the first quarter of 2011, despite a 15% slide in top-line incom
Read moreAggreko expects higher profits in 2011
27th Apr 2011 08:13
Temporary power supplier Aggreko expects its full year profits to be slightly ahead of 2010 after a strong start to the year. The prediction comes in spite of Aggreko's expectation that movements in the US dollar will reduce full year profits by about £7.5m. Group revenues excluding the impact fro
Read moreSunday newspaper round-up: BP, HMV, Portugal
10th Apr 2011 12:24
Tony Hayward's position on the board of BP's Russian joint venture TNK-BP is in jeopardy, amid concerns at the top of the oil giant about his growing dislocation from the company. The Sunday Telegraph understands the board of BP, led by chairman Carl-Henric Svanberg, is likely to consider replacing
Read moreTuesday tips round-up: Aggreko, Cranswick, GlaxoSmithKline
5th Apr 2011 06:39
Temporary power provider Aggreko's shares rallied yesterday as the market welcomed the news that the company is to supply power to Japan to make up for some of the shortfall from the nuclear plants crippled by the disaster. To be sure, there have been questions from analysts about the impact from th
Read moreFTSE 100 movers: Aggreko leads the way
4th Apr 2011 17:32
Temporary power supplier Aggreko was the best performer of the day after announcing that it is to help Japan keep its electricity supply up and running after last month's devastating earthquake. National Grid edged higher after RBS upgraded the power and gas grid operator to a 'hold', from 'sell',
Read moreLondon open: Shares drift lower
4th Apr 2011 08:27
The top share index has drifted slightly lower in early dealings though a couple of big hitters have moved higher after updates. It has been a morning for asset sales with both telecoms giant Vodafone and oil colossus BP pressing on with their respective asset sale programmes. Vodafone's sale of
Read moreAggreko wins Japan power supply contract
4th Apr 2011 07:32
Temporary power supplier Aggreko is to help Japan keep its electricity supply up and running after last month's devastating earthquake. The Tokyo Electric Power Company Incorporated (TEPCO) has signed a letter of intent with Aggreko stating that it intends, subject to negotiation of definitive term
Read moreTuesday tips round-up: Aggreko, Bovis, Consort Medical...
15th Mar 2011 06:55
Aggreko, the temporary power provider, saw its shares climb 5.5% amid expectations that it will be called in to help supply electricity to Japan's embattled population following the devastating earthquake and tsunami. The company said it stood ready to equip the country with self-contained gas and
Read moreLondon open: Aggreko in demand in wake of earthquake
14th Mar 2011 08:47
Mining stocks are shoring up the Footsie but the blue-chip index is still in the red, despite the price of oil ebbing. Miners Rio Tinto, Xstrata, African Barrick and ENRC are the pick of the mining sector. Also going well is temporary power solutions provider Aggreko, which may find its services c
Read moreFTSE 100 movers: BP's ethanol buy
11th Mar 2011 12:49
BP is lower after it announced the $680m (£421m) acquisition of a Brazilian ethanol producer. BP has moved to improve its green credentials with the purchase of Companhia Nacional de Açúcar e Álcool (CNAA). The acquisition is the oil giant's biggest ever in the alternative energy sector. Insurer P
Read moreLondon close: Footsie in full retreat
10th Mar 2011 16:57
Blue chips took a beating as investors focused on weak economic data from China and a downgrade for Spanish debt, rather than the Bank of England decision to keep its key lending rate at 0.5%. China posted a trade deficit of $7.3bn in February compared with the usual surplus, due mainly to the shut
Read moreFTSE 100 movers: Chinese trade deficit knocks miners
10th Mar 2011 15:18
News of China's trade deficit in February has knocked miners today. Fresnillo and ENRC are down the most in the sector. Concerns that ARM will be hit by poor sales of non-Apple tablet computers has knocked the share price. That part of the market accounts for less than 3% of ARM's revenues but i
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