Sunday tips round-up: HSBC, Smith News, Ashtead
20th Jun 2010 12:12
For those seeking quarterly payments, one company worth buying is HSBC, says the Telegraph's Questor. The dividend yield is not spectacular at the moment - the yield is a touch under 4pc. However, the market expects a strong hike in payments over the next few years as global markets recover. The sh
Read moreFriday tips round-up: Ashtead, BP alternatives, Consort Medical
18th Jun 2010 06:52
Though plant hire group Ashtead raised its dividend by more than expected, the 2.9p-a-share payout is not covered by earnings. The shares remain one of the stock market's best plays on US economic recovery. But at 110¼p, down 3½p, they are up with events. No more than a hold says the Times. Promi
Read moreLondon close: Seventh day of gains for Footsie
17th Jun 2010 16:46
London's blue chips rose for the seventh day running as BP took some comfort from the $20bn deal agreed with US president Obama. Banks also rallied on the new plans for City regulation set out yesterday. This afternoon, the coalition government also axed 12 projects costing £2bn, suspended another
Read moreLondon afternoon: Stocks drift off highest levels
17th Jun 2010 14:12
Leading shares saw their gains trimmed over the lunch time session, despite expectations of a firm start on Wall Street. BP and the banks continue to lead the market higher. Under fire oil giant BP remains the top performer after yesterday's meeting between BP officials and the US president. BP h
Read moreUK SMALLCAP ROUNDUP: Mulberry Keen To Bag First Chinese Store
17th Jun 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps MULBERRY PLC (MUL.LN), a luxury fashion brand, Thursday said it is eyeing its first Chinese store, and anticipates opening its first shop in the region w
Read moreLondon midday: Spanish bond sale boosts banks
17th Jun 2010 12:05
BP and the banks are leading the market higher, with the latter in demand after concerns over Spain's ability to raise money on the bond markets were eased by the latest Spanish bond auction, which saw a higher level of demand than the March offering. Royal Bank of Scotland, Lloyds Banking and Bar
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
17th Jun 2010 11:24
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1024 GMT [Dow Jones] Ashtead's (AHT.LN) FY results show early signs of improvement, particularly in the US, suggesting that t
Read moreMARKET TALK: Ashtead Showing Early Signs Of Improvement
17th Jun 2010 11:24
1024 GMT [Dow Jones] Ashtead's (AHT.LN) FY results show early signs of improvement, particularly in the US, suggesting that the bottom of the cycle has been passed, says Investec Securities. It notes the results beat expectations, with Ashtead gaining market share in both the UK and US, which increa
Read moreUPDATE: Ashtead To Invest In Fleet As Recovery Approaches
17th Jun 2010 10:13
(Adds executive and analyst comment.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Construction equipment rental company Ashtead Group PLC (AHT.LN) Thursday said it earmarked GBP225 million to plow into overhauling its fleet over the next 12 months, as improving demand for
Read moreUK SMALLCAP ROUNDUP: Fairfield Energy Launches $500M IPO
17th Jun 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps FAIRFIELD ENERGY PLC, an oil and gas company, Thursday said it intends to raise up to $500 million in an initial public offering in London to spend on de
Read moreLondon open: BP shares jump
17th Jun 2010 08:29
BP is leading London's blue chips higher in early dealings on Thursday following yesterday's meeting with the US president. BP has cancelled dividends for the rest of the year and agreed to a demand from US president Obama to put $20bn in an escrow account to cover claims resulting from the oil spi
Read moreAshtead sees modest US pick-up
17th Jun 2010 08:05
Equipment rental group Ashtead saw underlying full year earnings tumble but has seen some signs of improvement in the fourth quarter, especially in the US, where it makes the bulk of its money. Revenue in the year to 30 April was down to £836.8m from £1,073.5m the year before. This decline was more
Read moreAshtead Group Begins Reinvesting In Fleet Ahead Of Recovery
17th Jun 2010 07:39
LONDON (Dow Jones)--Construction equipment rental company Ashtead Group PLC (AHT.LN) Thursday said it has started reinvesting in its fleet in anticipation of a recovery in its markets in 2011. Ashtead said both its key markets, the U.S. and U.K., are stabilizing following a slump in demand for i
Read moreThursday preview: Carnival, Games, WS Atkins, Retail Sales
16th Jun 2010 16:31
Results announcements from cruise ship operator Carnival are usually made in the afternoon to ensure that its US shareholders get to see the figures at the same time as the European stakeholders. The company's performance is likely to have been boosted by the weakness of sterling while on the face
Read moreSunday tips round-up: Morrisons, Ashtead, ARM
25th Apr 2010 10:40
Morrisons has gathered considerable momentum over the past three years and if it can just maintain that expansion it could outpace its larger rivals, particularly since it is not constrained by competition-concerns over market share. But on top of that there are number of other steps in could take
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