Sunday tips round-up: Bunzl, Entertainment One, Yule Catto
12th Jun 2011 15:43
"You wait ages for a bus to come along - and then three turn up at once. A bit like acquisitions at distribution group Bunzl," writes The Sunday Telegraph this weekend, referring to the company's three recent acquisitions, Spanish firm King Espana Completos, UK outfit SIG Safety and Workwear and the
Read moreLondon pre-open: Looking for direction
1st Jun 2011 07:39
Investors seem set to take a pause for breath after yesterday's solid gains, postponing a renewed assault on Footsie's 6,000 level. City traders expect the blue-chip index to open around 7 points lower at 5,983. Anglo-Australian mining giant BHP Billiton has scored a $580m victory against the tax
Read moreBunzl in three bolt-on acquisitions
1st Jun 2011 07:20
Insulation specialist SIG is to sell its safety and work wear business to outsourcing firm Bunzl. SIG Safety and Workwear distributes personal protection equipment and work wear to a variety of market sectors throughout the UK. Revenue in the year ended 31 December 2010 was £22m and the gross asse
Read moreVertu chief exec takes a big stake
11th May 2011 17:23
Chief executive Robert Forrester has lifted his holding in Vertu Motors close to the 3% mark, spending nearly £140,000 on shares in the company. He took 462,000 shares at 30p a time and now has 6,324,812. His purchase came on the same day Vertu posted a rise in profits for the year to 28 February
Read moreLondon close: Shares soar as updates impress
20th Apr 2011 16:47
Optimism returned to the markets in a big way Wednesday as corporate results in the UK and overseas suggested global economic recovery is underway. The FTSE 100 stormed back above 6,000 points. Chip groups ARM Holdings and Imagination Technologies were strong performers after a bullish update from
Read moreLondon midday: FTSE 100 storms past 6,000
20th Apr 2011 12:03
The top share index has soared back above the 6,000 point mark, with some well-received corporate news here and overseas whetting traders' appetites. ARM Holdings is leading the FTSE 100 higher after a strong update from its US peer Intel, while miners move ahead as metals prices advance. Antofagas
Read moreLondon open: Stocks storm higher
20th Apr 2011 08:31
Stocks have stormed ahead in early dealings, helped by some bullish updates from big US companies after Wall Street closed last night. Chipmaker Intel and web portal giant Yahoo! were among the big hitters to impress traders. Here, Intel's peer ARM Holdings is leading the FTSE 100 higher, but it i
Read moreUnderlying revenue growth at Bunzl
20th Apr 2011 07:03
The UK & Ireland are letting the side down at distribution and outsourcing group Bunzl, which has otherwise seen good revenue growth this year. The group said trading so far in 2011 has been consistent with expectations outlined at the time of the group's full year results announcement in February,
Read moreLondon pre-open: Vibrant start expected
20th Apr 2011 07:02
Some upbeat trading updates in the US after the bell last night has helped boost sentiment this side of the pond, and a strong start to trading is in prospect. City traders expect the FTSE 100 to open up around 50 points higher. Home products retailer Home Retail Group has announced the departure
Read moreHiscox directors take stakes
6th Apr 2011 16:22
Two directors at Hiscox have invested in stakes in the FTSE 250-listed specialist insurer. Andrea Rosen, who is also a director of Canadian energy group Emera, took 5,473 shares at 380.5p a time, paying more than £20,000. Ernst Jansen, who joined Hiscox in 2008 after a career in the European chemi
Read moreLondon close: Stocks hold on to gains
21st Mar 2011 16:17
The FTSE 100 remained broadly flat since 0900, holding on to gains made in early trading. Sentiment was boosted by signs of progress being made in the handling of the nuclear crisis. Two reactors at the Fukushima Daiichi nuclear power plant in Japan were successfully brought into cold shut down unde
Read moreLondon afternoon: Stocks consolidate gains
21st Mar 2011 14:53
Stocks have largely been in consolidation mode in the afternoon session after a strong performance this morning. Telecoms titan Vodafone is a high riser on the back of AT&T's $39bn bid for Deutsche Telekom's T-Mobile USA. If the bid is allowed, the enlarged firm will become number one, but both AT&
Read moreLondon midday: Stocks back on the climb
21st Mar 2011 12:23
Footsie finished the morning 10 points or so below its high for the day after regaining impetus following a mild spell of profit taking mid-morning. Telecoms titan Vodafone is a high riser on the back of AT&T's $39bn bid for Deutsche Telekom's T-Mobile USA. If the bid is allowed, the enlarged firm
Read moreLondon open: Telecoms power forward on AT&T move
21st Mar 2011 08:50
Footsie has opened brightly with telecoms stocks powering ahead on the back of AT&T's huge $39bn bid for Deutsche Telekom's T-Mobile USA. Vodafone is top riser as analysts have wasted little time working out what it means in value terms for Vodafone's 45% stake in current US market leader Verizon
Read moreLondon pre-open: Footsie set for strong start
21st Mar 2011 07:39
The firmer trend seen towards the end of last week has continued this morning as the situation in Libya looks like it is coming to a head while repair work gets underway at the damaged Fukushima Daiichi power plant in Japan. City traders predict the top share index could open around 70 points highe
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