Sector movers: Miners on the march
13th Sep 2010 17:36
Mining stocks were strong as commodity prices advanced in line with strong figures from metal hungry China. Chinese industrial production jumped a better than expected 13.9% year on year in August, calming fears about the global slowdown. Aside from big-hitters such as Rio Tinto and Antofagasta, C
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
Read moreLondon afternoon: Buyers buzzing
13th Sep 2010 15:27
The leading index is near its best levels of the day following a strong start on Wall Street, fuelled by new Basel III bank rules and impressive Chinese factory output. 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. S
Read moreLondon midday:Miners and banks lift index
13th Sep 2010 12:20
London's strong start to the day has continued with banks, miners and the odd sprinkling of bid talk giving buyers lots to bite on. Banks are among the top risers after a less stringent than feared Basle III decision by the European banking body. Royal Bank of Scotland and Lloyds are both in demand
Read moreSmall caps round-up: Character, Advanced Computer, Titanium...
9th Sep 2010 14:57
Toy maker Character expects to make a "strong return to profitability" for the year to 31 August and reports second half and full-year sales ahead of forecasts. "Sales in the new year have started well and are likely to substantially out-perform our internal forecasts for September," the firm sai
Read moreLondon close: US cheer gives Footsie another lift
1st Sep 2010 16:39
An already buoyant Footsie enjoyed a second wind in late trading as manufacturing data from the US added to hopes that the global economy remains on course for recovery. The Institute for Supply Management's factory index rose to 56.3 from 55.5 in July, against expectations of a decline. That gav
Read moreFTSE 100 movers: Miners higher on Chinese growth
1st Sep 2010 16:11
Footsie is much higher today with only two constituents falling in price. Positive manufacturing sector data from China has boosted miners. Kazakhmys, Xstrata and Antofagasta are all ahead on the day and with five out of the top ten performers metals-related. Travel related shares are regaining
Read moreLondon afternoon: Morning's gains consolidated
1st Sep 2010 14:21
Leading shares moved sideways over the lunch time session, consolidating the morning's gains. In the battle of the "bid speculation" stocks, package tour operator TUI Travel leapfrogged over Cable & Wireless Worldwide (CWW) to claim the prize as best performing blue-chip. TUI Travel is higher on h
Read moreSector movers: TUI and IHG drag down leisure stocks
10th Aug 2010 15:30
Travel and leisure stocks, particularly those related to holidays, are having a poor day. TUI Travel warned profits this year will be at the low end of forecasts after UK bookings faltered. Bookings by Britons are down by 2% over the past 12 weeks with the Netherlands down by 3%. This later booking
Read moreLondon midday: Consumer spending fears sink Footsie
10th Aug 2010 12:02
Concern about consumer spending has pulled the rug from under Footsie after a profit warning from tour operator TUI and weak retail sales figures. TUI Travel warned profits this year will be at the low end of forecasts after UK bookings faltered. Bookings by Britons are down by 2% over the past 12
Read moreSector movers: HSBC kicks off banks' results with a bang
2nd Aug 2010 15:19
The banking sector has jumped on soaring profits from HSBC. It gave a signal that the banking sector may be returning to normality after the credit crisis as it posted interim profits that more than doubled on the back of a sharp reduction in bad debts. In the half year to June 30, the bank saw pre
Read moreLondon open: Strong start for Footsie
2nd Aug 2010 08:53
Banks and miners are in favour this morning, helping Footsie make a bright start. The banks' interim results season kicks off later today with HSBC's first half figures and predictions at the weekend were for strong numbers across the sector. Lloyds, Barclays and Royal Bank of Scotland are all hig
Read moreUPDATE: Temporary Power Outages Strike Large Swaths Of Chile
27th Jul 2010 18:22
(Updates with additional detail and comments from Chile Energy Minister Ricardo Raineri and Eduardo Ricke, head of the dispatch center for the central SIC power grid, starting in fourth paragraph.) SANTIAGO (Dow Jones)--Chile's central SIC grid, which provides power to over 90% of the country's
Read moreTemporary Power Outages Strike Large Swaths Of Chile
27th Jul 2010 17:52
SANTIAGO (Dow Jones)--Chile's central SIC grid, which provides power to over 90% of the country's population, suffered widespread temporary power outages early Tuesday. Following a devastating earthquake in late February, which assailed central-southern Chile, the SIC grid has suffered power out
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