Thursday tips round-up: BATs, CSR, Lidco...
27th Oct 2011 06:54
British American Tobacco, the world's second-biggest maker of cigarettes, yesterday delivered a smoking set of results for the first nine months of this year, writes the Investment Column in the Independent. The volume of cigarettes sold by the group slipped by 0.4 per cent but BAT's ability to push
Read moreLondon close: Nervy FTSE 100 closes higher
26th Oct 2011 16:47
It was another see-saw day for the FTSE 100 amid continued wrangling over the Eurozone crisis, but the top share index closed higher in line with a broadly higher showing on Wall Street. MARKETS AWAIT CRUCIAL MEETING Today's planned meeting of European Union Finance Ministers (ECOFIN) has been re
Read moreSector movers: Stobart and Wincanton fall, transport stocks reverse
26th Oct 2011 15:23
Steep falls for logistics and transport group Stobart and Wincanton were dragging down the industrial transportation sector on Wednesday. Stobart was the biggest faller on the FTSE 250 despite reporting a solid set of half year figures as it repositioned its strategy in the face of a prolonged weak
Read moreLondon midday: Miners gain on euro risk aversion
26th Oct 2011 12:00
The Footsie traded sideways in morning trade, as investors cautiously await today's key EU summit. Markets will be vigilant to any developments in the Eurozone during today's session, but many are expecting European leaders not to provide the "comprehensive solution" that they had initially promised
Read moreLondon midday: Stocks stuck lower ahead of Greek announcement
21st Sep 2011 12:02
The top share index remains a few points in the red, with all eyes on Greece ahead of the sticken Eurozone member's announcement of austerity measures. Greece's foreign minister Stavros Lambrinidis has assured that the country will stay in the euro and not default. "For the past year and a half I'
Read moreLondon open: Greek worries drag down market early on
21st Sep 2011 08:34
Markets opened lower on Wednesday morning on the back of ongoing concerns over the Eurozone, despite a Greek official assuring that the country will not default. Meanwhile, investors in London await the release of the policy rate decision from the Bank of England's Monetary Policy Committee (MPC) du
Read moreSector movers: Oil and gas groups track crude prices higher
7th Sep 2011 15:51
BP, BG and Wood Group were among the best performers on the FTSE 100 on Wednesday afternoon, providing a boost to the oil and gas producing sector. Drilling in the previously untested northern segment of the Mad Dog field in the Gulf of Mexico has resulted in a "significant resource extension", acc
Read moreComment: DMGT ponders Northcliffe options
1st Sep 2011 14:20
The closure of the Sunday tabloid the News of the World has given DMGT, publisher of the Mail on Sunday, a big boost. The consequent rise in revenues is likely to make a big difference to full-year profits at Associated Newspapers, DMGT's national newspaper division. Some had speculated that DMGT
Read moreSector movers: BATS lights up tobacco stocks
16th Aug 2011 15:47
Gains for British American Tobacco (BATS) boosted the tobacco sector on Tuesday. Shares in the Lucky Strike cigarettes maker rose 1.87% to 2,781p at 15.49, helped by a kind word from Japanese broker Nomura. Nomura raised its full-year estimates for BATs as a result of a strong first half performa
Read moreBroker tips: BATS, Pharma, Wincanton
16th Aug 2011 12:59
Nomura has raised its estimates for cigarette giant British American Tobacco, as a result of a strong first half performance and a positive second half pricing outlook. "Estimate increases are driven by encouraging first half organic performance (even ex Japan) and a positive pricing outlook going
Read moreBroker snap: Nomura ups numbers for BATS
16th Aug 2011 12:40
Nomura has raised its estimates for cigarette giant British American Tobacco, as a result of a strong first half performance and a positive second half pricing outlook. The broker has increased its 2011 earnings per share forecast by 2.1% to 197.2p, and upped its target price from 2,950p to 3,020p.
Read moreThursday tips round-up: BATs, Morgan Crucible, Aviva...
28th Jul 2011 06:46
British American Tobacco has tended to forge ahead of its smaller quoted rival Imperial Group, and this week's results have proved no exception. Imps, mired in a price war in Spain, reported a 3 per cent decline in cigarette sales in its nine-month trading update. BAT came in with a 1 per cent decli
Read moreLondon close: Stocks slump after giving up rally
27th Jul 2011 16:49
Stocks finished deep in the red, giving up an earlier rally, after a poor showing on Wall Street. Energy supplier Scottish & Southern Energy suffered after going ex-dividend. Meanwhile, sector peer Centrica also fell, albeit by a lesser extent, after utilities firm British Gas (owned by Centrica)
Read moreLondon midday: Stocks still stuck lower
27th Jul 2011 12:03
The top share index nestles slightly in negative territory, perhaps waiting for US trading to start before striking into the blue. Energy supplier Scottish & Southern Energy is suffering after going ex-dividend. Meanwhile, sector peer Centrica also fell, albeit by a lesser extent, after utilities
Read moreLondon open: SSE leads the fallers in early trading
27th Jul 2011 08:31
The top share index saw a sharp decline in early trading, as the debt crisis in the US continues to weigh on market sentiment. Energy supplier Scottish & Southern Energy was the heavy faller, tumbling 4.85% after going ex dividend. Meanwhile, sector peer Centrica also fell lower, albeit by a les
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