Aggreko is first winner in World Cup
8th Jun 2010 07:07
Demand at the World Cup and a pick-up in business elsewhere means temporary power and temperature control services firm Aggreko expects performance this year will be significantly better than previously anticipated. At the interim stage group revenue in constant currency and excluding pass-through
Read moreNew Kingfisher exec swoops for shares
7th May 2010 11:45
Andrew Bonfield, who was appointed to the board of Kingfisher in February, has opened his account with the home improvement retail group. The non-executive director bought 10,000 shares at 245.15p a time in the B&Q owner, paying a total of £24,515. Bonfield was the chief financial officer of Cadbu
Read moreLondon close:Equities advance on broad front
20th Apr 2010 17:11
London brought its two day losing streak to an end today, despite a mixed reception to the day's major company announcements and a disappointing set of inflation figures. A sharp rise in fuel costs was responsible for much of the acceleration in the inflation rate, which climbed to 3.4% from 3% in
Read moreAggreko wins $150m Bangladesh power deal
20th Apr 2010 15:27
Aggreko, which provides temporary power and temperature control services, has signed an agreement with the Bangladesh Power Development Board (BPDP) for the provision of 200 MW of temporary power. The agreement has an estimated value of $150m over three years. The deal will become effective follow
Read moreLondon close: Markets dive
16th Apr 2010 16:21
Along with other global markets, London's benchmark was sideswiped by news that Goldman Sachs has been charged with fraud on subprime mortgages by the US Securities and Exchange Commission. Stocks nosedived around 70 points in the final hour of trading as the news emerged. The banking sector had be
Read moreLondon afternoon: Footsie slips back
16th Apr 2010 14:35
Footsie has drifted back a little with miners among the stocks dragging on the leading share index. Cambridge-based enterprise software giant Autonomy is the heaviest faller in the FTSE 100 though. It said its first quarter results should be in line with the market's expectations. Xstrata is the h
Read moreLondon midday: No broker boost for FTSE 100
16th Apr 2010 12:08
Buoyancy among stocks that have received favourable broker coverage has failed to lift Footsie. RBS is going well after BofA Merrill Lynch raised its target price on the bank to 65p from 45p, highlighting its potential to benefit from economic recovery. 'We still believe RBS is one of most geared
Read moreLondon open: Footsie starts lower
16th Apr 2010 08:18
Footsie has fallen back in early dealings Friday morning but is so far still trading above the 5,800 point mark. Temporary power and heating specialist Aggreko is the worst performer after it said it performed in line with expectations in the first quarter of the year, with healthy revenue rises fr
Read moreLondon pre-open: Footsie to slip back
16th Apr 2010 07:35
Footsie is expected to slip back towards the 5,800 point mark in early dealings, continuing its uncertain performance this week. The Office of Fair Trading has fined Imperial Tobacco £112.3m after a seven-year investigation into alleged price fixing. Fund manager Hargreaves Lansdown said it has ha
Read moreBusy first quarter for Aggreko
16th Apr 2010 07:04
Temporary power and heating specialist Aggreko said it performed in line with expectations in the first quarter of the year, with healthy revenue rises from both its divisions. Aggreko, which rents out generators used in industry and for events such as concerts, said revenues at its International P
Read moreLondon close: Footsie eases back
26th Mar 2010 16:50
Footsie drifted lower going into the weekend, but remained near the 21-month highs it hit earlier in the week. With corporate news thin on the ground, broker commentary drove much of the action. Unilever is downgraded to neutral from 'overweight' by HSBC on sales volumes concerns. Hi-tech weapon
Read moreLondon afternoon: Sleepwalking lower
26th Mar 2010 14:05
It's been a good week for the Footsie but it looks set to end with a whimper rather than a bang. With corporate news thin on the ground broker commentary is driving much of the action. Unilever is downgraded to neutral from 'overweight' by HSBC on sales volumes concerns. Hi-tech weapons group Qi
Read moreLondon midday: Footsie drifts lower
26th Mar 2010 12:19
Footsie is bumbling along a tad directionless as investors consider the Greek bail-out, Budget fall-out and the prospects of more air and rail strikes. Property companies are among the best performers, with Hammerson, Segro, British Land and Liberty the four highest risers so far. In economic news
Read moreLondon open: Footsie makes dull start
26th Mar 2010 08:52
London has made a subdued opening with company news thin on the ground and a weak close in the US overnight. Property companies are the best performers, with Hammerson, Segro, British Land and Liberty the four highest risers so far. Cable & Wireless's demerger is bound to cause some confusion this
Read moreLondon pre-open: Slow start expected
26th Mar 2010 07:51
London looks set for a subdued opening with company news thin on the ground. Dealers expect the FTSE 100 will open around 9 points down from Thursday's close. Temporary power and heating specialist Aggreko has won a €35m contract to help alleviate the Côte d'Ivoire's problems with power cuts. Aggre
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