London close: Directionless day for FTSE 100
29th Sep 2009 16:52
Footsie finished slightly in the red after another day of flitting between the red and the blue while not showing any real sense of direction. Swiss bank Credit Suisse has issued a bearish note on the property sector prompting the likes of Land Securities, SEGRO and Hammerson to shift into reverse
Read moreFTSE 250 movers: Investors toast Barr results
29th Sep 2009 14:43
Shares in Barr are fizzing after the soft drinks group served up a 20% increase in interim pre-tax profit after this year's better weather whetted consumer appetite for fizzy drinks. Core brand Irn Bru grew revenue by 6.5% during the six month period, with growth being particularly strong in Englan
Read moreLondon afternoon: Back to square one
29th Sep 2009 14:34
It's back to square one for the Footsie which is barely changed on the day, with gains on banks and insurers counterbalanced by miners and property stocks. Swiss bank Credit Suisse has issued a bearish note on the property sector prompting the likes of Land Securities, SEGRO and Hammerson to shift
Read moreLondon midday: Blue chips still struggling
29th Sep 2009 12:06
Miners and property stocks are keeping Footsie in the red despite the banking and insurance sectors going well. Swiss bank Credit Suisse has issued a bearish note on the property sector prompting the likes of British Land, Land Securities, SEGRO and Hammerson to shift into reverse. Credit Suisse's
Read moreAG Barr toasts 20% profit rise
29th Sep 2009 08:27
Irn Bru maker AG Barr served up a 20% increase in interim pre-tax profit after this year's better weather whetted consumer appetite for fizzy drinks. The Scottish soft drinks giant said profit on ordinary activities before tax increased rose to £13.50m for the six months ended 1 August 2009 from £1
Read moreFTSE 250 movers:
18th Sep 2009 11:25
Shares in Barr, which makes the fizzy drink Irn-Bru, are fizzing after it announced that shareholders voted overwhelmingly in favour of plans for a 2-for-1 stock split to improve liquidity. Order intake in the May to September period has picked up at bar code printing group Domino Printing Sciences
Read moreFTSE 250 movers: Whitbread in the lead
7th Sep 2009 11:31
Leisure group Whitbread expects profits this year to be at the higher end of forecasts as the rate of decline at hotel chain Premier Inns steadied in the three months to 13 August, while coffee chain Costa continued to push ahead. Cheery broker sentiment boosts Sports Direct. Numis, which thinks ne
Read moreFTSE 250 movers: Drinks stocks move both ways
15th Jul 2009 09:32
Shares in Britvic are fizzing again after the soft drinks firm yesterday said full year results would exceed expectations, but shares in IRN-BRU maker AG Barr are looking a bit flat. Shares in Burberry are lower even after the luxury clothing group revealed an 8% rise in first quarter sales and sai
Read moreSector movers: Oil service stocks in demand
30th Jun 2009 10:53
Oil services stocks are going well after Petrofac said it has made a good start to the year and is confident 2009 will be another year of strong growth. Petrofac itself is slightly in the red though. Engineer Bateman Litwin is the top riser, helped by higher oil prices, with the price of a barrel o
Read moreTuesday tips round-up: Rio Tinto, Workspace, AG BArr
9th Jun 2009 06:41
Miner Rio Tinto's rights issue means the company has substantially cut the debt associated with a deal it did with Alcan. This is good news. However, there are two main issues that will have to be dealt with by the company as a result of its actions over the last few months - an angered China and
Read moreLondon close: Late rally not enough
8th Jun 2009 17:01
Footsie came off its lows towards the close of trading Monday but still finished lower, held back by a weak mining sector. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofagasta all featured among the ten worst perfor
Read moreLondon afternoon: Lloyds rump placed at 60p
8th Jun 2009 14:20
Footsie clawed back some losses over the lunch time session but remains in the red, thanks largely to the weakness of miners, which are following metals prices lower. Mining stocks Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo, Lonmin and Antofa
Read moreLondon midday: Miners weigh down Footsie
8th Jun 2009 12:19
London's blue-chip index is doing its usual trick of following the miners, which today are in a down phase. The worst performers in the mining sector are Vedanta Resources, Eurasian Natural Resources, Anglo American, BHP Billiton, Rio Tinto, Fresnillo and Antofagasta. Hochschild Mining follows
Read moreLondon open: Bank news knocks Footsie
8th Jun 2009 08:40
Banking shares have dominated early trading after news from both Barclays and Lloyds, but investors have reacted cautiously in both instances. Barclays has confirmed talks are underway with US firm BlackRock over the future over its fund management arm Barclays Global Investors (BGI), which includ
Read moreLondon pre-open: Footsie to start lower
8th Jun 2009 07:40
Banking shares are likely to be in focus Monday morning after updates from both Barclays and Lloyds. Traders expect Footsie to drop 25 points early on. Barclays has confirmed talks are underway with US firm BlackRock over the future over its fund management arm Barclays Global Investors (BGI), whi
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