London midday: Stocks slump on euro worries
23rd May 2011 12:04
Stocks are firmly in the red as the eurozone crisis continues to drag on. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situation is of global concern and metals prices have taken a knoc
Read moreLondon open: Stocks dive as euro worries drag on
23rd May 2011 08:30
Continuing worries over the Eurozone debt crisis are casting a shadow over trading this morning, helping send stocks sharply lower. The spotlight has turned to Italy, with the ratings agency Standard & Poors changing its stance on the Mediterranean country to "negative" from "stable." The situatio
Read moreAG Barr sales still sparkling
23rd May 2011 07:21
Scottish soft drinks maker AG Barr toasted a strong start to the year despite increased levels of competition and promotion and is confident of continued progress. The Irn Bru maker said total revenue for the 15 weeks to 14 May 2011 increased by 6.3% compared to the same period last year despite a
Read moreBerendsen non-exec spends £75,000
20th May 2011 17:14
Berendsen non-executive director Iain Ferguson has spent £75,000 on shares in the textile service business formerly known as Davis Service Group. He bought 15,000 shares at 496p a time and now has 40,000. Ferguson, a former chief executive of the sugar firm Tate & Lyle, joined Berendsen last year.
Read moreTuesday tips round-up: Daily Mail, Aberdeen Asset, AG Barr...
29th Mar 2011 06:45
Daily Mail Group's exposure to UK consumers in 2011 should dampen wholehearted enthusiasm for the stock, and the management is loath to be drawn on outlook, given the wider economic uncertainties, but there should be some upside here. Buy says the Independent. Fund manager Aberdeen Asset has a stro
Read moreFTSE 250 movers: Lamprell jumpes after strong 2010
28th Mar 2011 17:09
Oil and gas engineer Lamprell was the best performer of the day after revenues rose by 18.4% in 2010, with the strength of the oil price contributing to unprecedented levels of enquiries. Military decoy flares and mine detection firm Chemring wasn't far behind after it said it remains confident for
Read moreLondon close: Flat day for FTSE 100
28th Mar 2011 17:03
A second attempt to spring into life evaporated ahead of the close on Monday and the top share index finished just a few points higher. Worries that Japanese carmakers may have to suspend production at their plants in China following the earthquake disruption have sent copper prices lower. As a res
Read moreLondon afternoon: Shares mark time
28th Mar 2011 14:57
Footsie finished the morning clinging on to positive territory and not much changed over the lunch time trading session, with a mildly firmer start on Wall Street providing little additional impetus. Worries that Japanese carmakers may have to suspend production at their plants in China following t
Read moreLondon midday: Metal price fall hits miners
28th Mar 2011 12:08
Miners are holding back the FTSE 100, which is up by just a few points despite some well-received company updates. Worries that Japanese carmakers may have to suspend production at their plants in China following the earthquake disruption have sent copper prices lower. Kazakh copper group Kazakhmys
Read moreLondon open: Blue chips track sideways
28th Mar 2011 08:51
It's been a very quiet start with little company news and more concern over the state of the crippled Fukushima nuclear plant in Japan. Latest reports suggest extremely high radiation levels have been detected in some buildings near the plant's number two reactor. In Europe, concern over Portugal'
Read moreAG Barr toasts profit growth
28th Mar 2011 07:35
Scottish soft drinks maker AG Barr served up a 13.3% increase in full year pre-tax profit, after a strong performance across its core brands, and remains confident of building on momentum despite the competitive environment and cost pressures. The maker of Iron Bru said profit on ordinary activitie
Read moreLondon pre-open: Flat start expected
28th Mar 2011 07:35
A revival of nuclear fall-out fears in Tokyo has put a cap on optimism at the start of the trading week in London and shares are expected to open mixed, with the FTSE 100 tipped to open aroun 5 points up from its previous close of 5,901. Tullow Oil has found oil at the Teak-2 exploration well in th
Read moreLondon close: Company updates drive FTSE 100 higher
26th Jan 2011 16:47
Shares closed with decent gains though off their earlier highs, as well-received company updates helped drive the FTSE 100 forward in line with other markets. BG Group was strong after yet another discovery in the Santos Basin offshore Brazil. The latest strike is at Carioca North-East, located in
Read moreLondon afternoon: Stocks stay strong
26th Jan 2011 15:41
Shares have maintained their earlier buoyancy after a decent start on Wall Street. Company updates have been well-received here. BG Group is going strong after yet another discovery in the Santos Basin offshore Brazil. The latest strike is at Carioca North-East, located in a water depth of 2,151m,
Read moreLondon midday: FTSE 100 back above 6,000
26th Jan 2011 12:18
The top share index has moved past the 6,000 point mark again as company updates impress the market. BG Group is going strong after yet another discovery in the Santos Basin offshore Brazil. The latest strike is at Carioca North-East, located in a water depth of 2,151m, approximately 275km off the
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