London close: Shares in late dive

31st Mar 2011 17:19

A late dive sent London's top share index firmly into the red ahead of the close having been flat all day ahead of Ireland's banking stress test. Ireland's central bank said the ailing economy's banks need €24bn (£21bn) to stay afloat. Gold miner Randgold Resources was the star performer in the m

Read more

London afternoon: Weak retailers offset strong miners

31st Mar 2011 14:41

Footsie is stuck in neutral, though the flat performance is largely down to strong demand for mining stocks. Gold miner Randgold Resrouces is the star performer in the mining sector after reporting a 55 increase in its attributable mineral resources and reserves for the year to December 2010. T

Read more

London midday: Shares fall back

31st Mar 2011 12:18

Shares have slipped into negative territory after a stuttering start on another bad day for the retailers. Tour operator TUI Travel is higher after saying underlying trading has been "satisfactory" during the last six months. Like Thomas Cook on Tuesday, it has not changed its estimate of the cost

Read more

Trading deteriorates at Laura Ashley

31st Mar 2011 08:18

Fashion and home furnishings group Laura Ashley said full year pre-tax profit more than doubled on improved demand from its stores and franchise business but warned that trading since February has deteriorated as UK consumer spending weakens. "There has been a decline in performance since the begin

Read more

London close: China concerns sink Footsie

20th Jan 2011 16:31

Blue chips closed down more than 100 points as hefty losses in the mining sector dragged the whole index down. The index fell below 5,900 points for the first time this year as strong growth in China stoked speculation of an interest rate rise to cool the economy and cap inflation. Miners are heav

Read more

Laura Ashley shrugs off winter weather

20th Jan 2011 07:28

Extreme winter weather and consumer nervousness failed to prevent ladies fashion and home furnishings group Laura Ashley having a good Christmas, in contrast to other retailers. The company said it had performed better than anticipated since its trading update on 16 December and now expects full ye

Read more

Friday tips round-up: RPC, Rio Tinto, DS Smith...

17th Dec 2010 06:57

RPC Group has spent ten years wooing Denmark's Superfos Industries but has finally won the day after its rival agreed to a £205m takeover. Making soup containers for Waitrose and coffee capsules for Nespresso machines may have all the hallmarks of a defensive stock. But the Superfos deal has turned

Read more

Small caps round-up: Amerisur Resources, Laura Ashley, Begbies...

16th Dec 2010 13:13

South America focused Amerisur Resources made a $1m profit in the six months ended 30 September compared with a $1.1m loss the year before. "Post period end, the extremely adverse weather conditions have led to a delay in the 3D3C seismic programme at Platanillo, however we still remain on track

Read more

Across the board growth for Laura Ashley

10th Sep 2010 09:03

Laura Ashley fans are increasingly going online to buy the firm's products, a trend that has contributed to a strong first half to the year in which all of the group's product categories registered year on year like for like growth. Total group sales in the six months to the end of July were up 5.7

Read more

UK SMALLCAP ROUNDUP: Sagentia To Beat Market Views

5th Jul 2010 16:00

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 SAGENTIA GROUP PLC (SAG.LN), a technology consultant, said Monday its first-half profit is expected to "substantially" beat market expectations, on the b

Read more

UK SMALLCAP ROUNDUP: AIM Delistings Down 18% In 2Q

5th Jul 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 The number of companies leaving London's junior Alternative Investment Market has fallen 18% in the second quarter but delistings still outnumber new lis

Read more

UK SMALLCAP ROUNDUP: Thor Mining Gold Boost At Dundas Project

5th Jul 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 THOR MINING PLC (THR.LN) Monday said it has found the greatest concentration of high gold values to date from exploration work at its Dundas gold project

Read more

Laura Ashley Subsidiary Gets GBP4 Mln Profit On Leaseback Deal

5th Jul 2010 07:34

LONDON (Dow Jones)--Fashion and home furnishings retailer Laura Ashley Holdings PLC (ALY.LN) Monday said its Laura Ashley Ltd. subsidiary has agreed a deal to sell and then lease back a property in Leicestershire, U.K., at a GBP4 million profit. Laura Ashley said its subsidiary has agreed a GBP1

Read more

London close: Footsie bounds ahead

1st Apr 2010 16:57

London's blue chips moved forward again with miners and resource stocks driving the index upwards ahead of the Easter break. Footsie is now up by over 6% since the start of the year and by 45% over the past 12 months. Miners and oil companies were lifted as manufacturing activity accelerated in C

Read more

London afternoon: Footsie rise continues

1st Apr 2010 15:26

London's blue chips are being dragged forward by the US, which has opened very strongly ahead of the Easter break. Miners and oil companies continue to do well after manufacturing activity accelerated in China, while confidence in the Japanese manufacturing sector also improved. Xstrata, Randgold

Read more