London close: Footsie falls for fourth week
10th Jul 2009 17:04
London's blue-chip index fell for the fourth week in succession, with insurance and resource stocks the major fallers today. Aviva was the biggest casualty as fears resurfaced about the future of the company's dividend but its fellow life assurance stocks Prudential, Standard Life, Legal & General
Read moreFTSE 250 movers: Bodycote leads the fallers
10th Jul 2009 15:42
Bodycote is the heaviest faller after the engineering firm said half-year revenue fell by a fifth and warned of a marginal operating loss before exceptional items. Housebuilder Redrow, which yesterday said trading results are expected to be around the lower end of analysts' expectations, is also lo
Read moreLondon afternoon: Equities drift down in quiet trading
10th Jul 2009 14:06
London equities are sleepwalking to a dull end to a dull week. Life assurance stocks feature among the weakest performers as global markets continue to drift lower. Aviva, Prudential and Standard Life suffer the biggest falls in the sector. In the mining sector Rio Tinto is still under a cloud aft
Read moreLondon midday: Downward drift continues
10th Jul 2009 12:23
Equities continue to drift lower with blue-chips faring worse than second-liners. Better than expected Producer Prices data has limited the falls in London but expectations of a weak opening on Wall Street has not helped matters. UK producer output prices in June fell 0.2%, after rising 0.4% in May
Read moreLondon open: Crude dip drags Footsie down
10th Jul 2009 08:44
London's blue chips have given back some of yesterday's gains though trading is light after a dull day on Wall St yesterday. Oil-related stocks are the main movers, with light crude futures dipping below $60 per barrel for the first time in weeks. Royal Dutch Shell and BP are weak in sympathy. Oil
Read moreLondon pre-open: Footsie points lower
10th Jul 2009 07:41
London's top stocks look set to give back some of yesterday's gains. Traders expects Footsie to open around 15 points lower. Bovis has scrapped its interim dividend but said the housing market has shown signs of stabilisation during the first half. The housebuilder said it has decided not to pay
Read moreBBA Aviation still outperforming
10th Jul 2009 07:14
Aircraft services group BBA Aviation said it has been outperforming the market during the first six months of the year and expects to continue doing so in the second half despite volatile markets. "Conditions in our key markets have been relatively stable since the Interim Management Statement issu
Read moreMonday newspaper round-up: Anglo American, CBI, ITV
15th Jun 2009 06:17
Cynthia Carroll, the chief executive of Anglo American, has lost the confidence of leading shareholders who want her to consider merging the London-listed mining giant with its rival Xstrata. Some big investors have drastically reduced their shareholdings in Anglo over the past year because of conc
Read moreHelius Energy pair in selling mood
11th Jun 2009 17:17
Two directors at Helius Energy have sold £1¼m of shares in the installer of biomass-powered renewable electricity generation plants. Commercial director Chris Corner made £660,000 from the sale of 2.2m shares at 30p each, while technical director Adrian Bowles offloaded 2m shares at the same price.
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