London midday: Bid rumours lift Standard Chartered
12th Oct 2010 12:13
The second half of the morning session was better than the first for Footsie, with leading stocks trimming early losses, but the blue-chip index remains in the red, largely thanks to the weakness of resource stocks. Xstrata, Lonmin, and Antofagasta are the worst hit of the miners, though the whole
Read moreLondon open: Footsie on back foot
12th Oct 2010 08:53
London has started on the back foot with miners and oil companies under heavy selling pressure. Xstrata, ENRC, and Antofagasta are the worst hit of the miners, though the whole sector is lower. Oil groups are also suffering. Tullow and BG are the worst hit of the FTSE 100 groups, but Soco is the r
Read moreLondon pre-open: Dull start expected
12th Oct 2010 07:35
London looks set to begin the day on the back foot with traders predicting the blue-chip index will open around 34 points down from last night's close. There have been few surprises in the major corporate news this morning. Pub owner Punch Taverns has served up full-year results in line with expect
Read moreAveva trading in line
12th Oct 2010 07:03
Engineering software firm Aveva said performance in the first half of its financial year was in line with the board's expectations. "Our strong base of recurring revenue, together with good growth in developing markets, continues to help mitigate the impact of economic uncertainty," said Richard Lo
Read moreTuesday preview: Punch, N. Brown, Inflation
11th Oct 2010 15:42
Tuesday's full year results for Punch Taverns will be the first set of figures released under the helmsmanship of new boss Ian Dyson. The heavily indebted pubs group raised full year profits guidance back in August after trading improved in the final quarter of the company's fiscal year. Like for l
Read moreBroker tips: Hikma, Aveva, Helphire
1st Oct 2010 13:24
Some investors may be bailing on pharmaceuticals firm Hikma in the wake of the press speculation about a plan by US regulators to ban unapproved oral colchicine products to treat gout, but Panmure Gordon is sticking by the stock. "We note the company's announcement this morning regarding the seemin
Read moreBroker snap: Singer takes cleaver to Aveva
1st Oct 2010 13:23
It is time to take profits on engineering software firm Aveva, reckons Singer Capital Markets, after the strong performance by the shares over the last three months. "Aveva is a well managed business that is strongly positioned to deliver good returns in a broad based recovery and has a loyal share
Read moreUK Small,Mid-Caps To Attract Buyers On Weak Pound-Fund Manager
21st Jul 2010 13:38
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Investors are set to take advantage from the effect of a weak sterling on U.K.-based international companies, manager of the BlackRock UK Special Situations Fund Richard Plackett said Wednesday, especially those interested in smal
Read moreUK SMALLCAP ROUNDUP: Photo-Me Eyes "Futuristic" Photos Boost
7th Jul 2010 16:00
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PHOTO-ME INTERNATIONAL PLC (PHTM.LN), a photo booth operator, said a significant proportion of future revenue is set to come from its "futuristic" photo boot
Read moreUK SMALLCAP ROUNDUP: Aveva Eyes Boost From BP Gulf Spill
7th Jul 2010 12:30
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AVEVA GROUP PLC (AVV.LN), a maker of engineering software, said Wednesday that safety concerns following the Gulf of Mexico oil spill will likely increase de
Read moreINTERVIEW: Aveva: Gulf Spill Safety Concerns To Boost Demand
7th Jul 2010 10:05
By Tommy Stubbington Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Engineering software company Aveva Group PLC (AVV.LN) said Wednesday that safety concerns following the Gulf of Mexico oil spill will likely increase demand for its products in the oil and gas sector, particularly its Aveva Net
Read moreAveva trades in line
7th Jul 2010 07:40
IT firm AVEVA Group said it has continued to trade in line with the board's expectations. "The trends previously highlighted in our geographies and end user markets have continued with the Oil and Gas sector remaining generally positive, particularly in Brazil," it said. The power sector remains s
Read moreAVEVA Group Sees Trading In Line With Company Views
7th Jul 2010 07:11
LONDON (Dow Jones)--AVEVA Group PLC (AVV.LN), a provider of engineering data and design IT systems, said Wednesday that since its preliminary results announcement on May 26 the group has continued to trade in line with the Board's expectations. MAIN FACTS: -The trends previously highlighted
Read moreWednesday preview: Marks & Spencer, Aveva, 3i, Carillion
6th Jul 2010 17:15
High Street bellwether stock Marks and Spencer (M&S) will issue a first quarter interim management statement on Wednesday. If things work out well for management, the trends will be good enough to take shareholders' minds off director remuneration, which is likely to be a hot topic at the company's
Read moreDatatec boss buys ahead of dividend
5th Jul 2010 17:01
Jens Montanana, the chief executive of South Africa-based IT services provider Datatec Ltd, has been buying shares ahead of them going ex-dividend today (5 July). The capital distribution has been set by AIM-quoted and JSE-listed Datatec at 12 cents a share, which is equivalent to around 8p a shar
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