London close: Weak end to dull day
14th Oct 2010 16:35
Leading shares closed lower on a poor day for the banks and a tumble for African Barrick. Fears that Standard Chartered's rights issue yesterday could be the start of a flood of cash calls unsettled Lloyds, Royal Bank of Scotland and Barclays. Metal prices are back on the rise as the dollar heads
Read moreLondon afternoon: Footsie bottoms out
14th Oct 2010 14:17
Leading shares trod water over the lunchtime session, leaving Footsie still stranded in the red. Banks remain in the doldrums. Fears that Standard Chartered's rights issue yesterday could be the start of a flood of cash calls has unsettled Lloyds, Royal Bank of Scotland and Barclays. Metal prices
Read moreLondon midday: Downward drift quickens
14th Oct 2010 11:56
US markets may be expected to open firmer but London is determined to go its own way today, heading lower, despite a buoyant mining sector. Metal prices are back on the rise as the dollar heads in the opposite direction. That is not enough to prevent gold miner African Barrick Gold taking a tumble,
Read moreLondon open: Footsie builds on gains
14th Oct 2010 08:24
London has crept higher following yesterday's gains, with a stream of updates giving investors plenty to ponder. Starting with the bad news, African Barrick Gold has suspended 40% of the mining department at its Buzwagi mine in Tanzania following a fuel theft it suspects was an inside job. The shar
Read moreASOS sales soar as overseas business takes off
14th Oct 2010 08:03
Internet fashion retailer ASOS continues to see sales soar as it consolidates its position in the UK and makes strong inroads abroad. Sales in the three months to September 30 rose by 47% from the same period a year ago to £69.7m. UK sales were up 21% to £43.7m while international sales rose by 128
Read moreThursday preview: Diageo, ASOS, Booker
13th Oct 2010 16:33
Guinness brewer Diageo will give a trading update at its annual general meeting on Thursday covering the first quarter of its trading year. Emerging markets are likely to be the feel good story while Europe is expected to be a drag on performance. Online clothes retail ASOS is the sort of high fl
Read moreWednesday tips round-up: Aveva, Punch, ASOS...
13th Oct 2010 06:48
Aveva produces software that helps a range of industries design industrial plants and capture and maintain their data. Its systems have been used by big players in the oil and gas markets, the power industry and even ship designers. Analysts point to significant opportunities for the company in th
Read moreSmall caps round-up: ASOS, Japan Leisure Hotels, Vertu Motors......
28th Sep 2010 17:12
Non-executive director Karen Jones has taken advantage of the recent ASOS share price dip to buy 4,500 shares in the online fashion retailer. She acquired the shares at £10.98 each. Japan Leisure Hotels, which rents rooms in Japanese hotels by the hour, is trading at little more than half of its u
Read moreFinancial News: Fidelity Buys One Third Of Ocado
30th Jul 2010 08:50
By Elizabeth Pfeuti Of FINANCIAL NEWS One third of the shares sold in the flotation last week by U.K. online retailer Ocado Group PLC (OCDO.LN) were bought by two affiliates of asset manager Fidelity, according to regulatory filings, and half of the sale was taken up by existing investors.
Read moreinside-analytics.com / Weekly Top 10 European Insider Transactions
19th Jul 2010 09:49
inside-analytics.com / Roundup for the largest European Directors' Dealings for the reporting week from 11 to 18-July-2010 Top 10 Largest Directors' Purchases: 1) ASSICURAZIONI GENERALI SPA Insider: MEDIOBANCA S.p.A. Insider Relation: Public Company Transaction Date: 11 - 29-June-2010 Transaction
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jul 2010 07:40
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] 0640 GMT [Dow Jones] UBS raises ASOS (ASC.LN) price target to 960p from 750p as it lifts its earnings forecasts to reflect in
Read moreMARKET TALK: UBS Raises ASOS Price Target
15th Jul 2010 07:40
0640 GMT [Dow Jones] UBS raises ASOS (ASC.LN) price target to 960p from 750p as it lifts its earnings forecasts to reflect increased confidence in ASOS's international growth prospects. Notes a stronger than expected start to FY '11, with sales growth up in response to higher stock levels and an inc
Read moreLondon close: Winning streak ends
14th Jul 2010 17:05
A spirited late rally was not enough to return Footsie into positive territory. The blue-chip index recovered from its nadir of 5,206 to rise almost 50 points in the last 90 minutes of trading. Just a third of the blue-chip index's constituents advanced on the day and chief among them was chip desi
Read moreASOS boss raises £15m from share sale
14th Jul 2010 16:36
Nick Robertson, the founder and chief executive of online fashion retailer ASOS, has raised just short of £15m from a share sale immediately after a first quarter trading update. Robertson sold just over 1.68m shares at 890p each. Prior to the start of the day that was near to the all-time high fo
Read moreUK SMALLCAP ROUNDUP:Dividend Chance For International Greetings
14th 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 INTERNATIONAL GREETINGS PLC (IGR.LN) Wednesday said it isn't ruling out introducing its first dividend payment at the end of the current fiscal year.
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