London afternoon: RBS heads the field
22nd Feb 2010 14:45
The lunch-time session was a positive one for blue-chip equities despite Wall Street opening modestly lower, with banks and miners leading the advance. Royal Bank of Scotland (RBS) has usurped Bunzl as the best performer of the day. The part-nationalised lender, like its counterpart Lloyds Banking,
Read moreFTSE 100 movers: Avandia concern knocks GlaxoSmithKline
22nd Feb 2010 12:28
GlaxoSmithKline took its second hit in the space of a few days as a US Senate committee suggested its diabetes medicine Avandia may increase the risk of a heart attack. Brokers reckon the main risk to the company is from possible litigation as the report claims that Glaxo knew of possible heart at
Read moreTuesday tips round-up: Bunzl, Asos, Pennon
19th Jan 2010 06:42
Boring it may be, but Bunzl ? the distributor of carrier bags, plastic cutlery, protective masks and thousands of other disposable items for grocers, cleaners and caterers ? is one of the stock market's best barometers. Left to its own devices, its sales can be relied upon to grow just ahead of GDP,
Read moreLondon close: Good gains for FTSE 100
18th Jan 2010 16:33
Footsie finished the day in the blue despite a sharp reversal in the fortunes of International Power, which earlier had soared on speculation of a takeover by French power giant GDF Suez. Shares in the energy company slid from their earlier highs after it admitted it held talks with GDF Suez about
Read moreLondon afternoon: Stocks keep climbing
18th Jan 2010 14:49
Ongoing bid speculation, stronger retailers and buoyant miners have pushed London above 5,500. International Power is top of the pile on press reports that French power giant GDF Suez has made a takeover approach to the group, but there has been no statement from either side over the truth of the s
Read moreLondon midday: Good morning for blue chips
18th Jan 2010 12:20
London's leading share index has enjoyed a good morning on hopes of a bid for International Power and a higher offer for Cadbury. IP is up nearly 5% after press reports that French power giant GDF Suez has made a takeover approach to the group, but there has been no statement from either side over
Read moreLondon open: M&A rumours in focus
18th Jan 2010 08:19
London's blue chips have made a good start to the new week, with International Power leading the way on takeover rumours. International Power is up more than 5% after press reports that French power giant GDF Suez has made a takeover approach to the group. Cadbury is also among this morning's rise
Read moreBunzl buys Clean Care in Denmark
18th Jan 2010 07:59
Distribution and outsourcing firm Bunzl said has acquired Clean Care from a privately owned company which is controlled by Jan Knygle and Ole Bæk. Based in Aalborg, Denmark, Clean Care is a supplier of cleaning and hygiene consumable products and equipment to contract cleaners and other industria
Read moreBroker tips: Rio Tinto, Xstrata, Drax, Game
15th Dec 2009 12:41
Strong demand from China and restocking in 2010 could lead to the most resource intense recovery since the 1970s, according to one broker. UBS says companies have cannibalised 15% of a year's supply of base metals out of the supply chain in 2009, and will have to return to buying that material agai
Read moreTuesday tips round-up: Whitbread, Great Portland, Mouchel
15th Dec 2009 06:56
Whitbread shares are not cheap, trading at a 2010 price-to-earnings ratio of 15.6, but some of its rivals' are more expensive. And Whitbread's decision to invest in its business during the downturn - while keeping a tight lid on costs - bodes well for the year ahead, as the UK slowly emerges out of
Read moreLondon close: Financials lift Footsie
14th Dec 2009 16:58
Footsie began the week with good gains as the day got off to a strong start following news that Abu Dhabi is to bail out its troubled fellow Emirate Dubai. Investors piled into LSE, Standard Chartered and HSBC as the threat of possible huge bad debts recedes. An upgrade by Credit Suisse, which hi
Read moreLondon afternoon: Footsie up over 1%
14th Dec 2009 14:52
The UK's leading shares are finding plenty of support after a strong start on Wall Street and the Dubai bail-out. Investors have piled into LSE, Standard Chartered and HSBC as the threat of possible huge bad debts recedes. An upgrade by Credit Suisse, which highlighted the low exposure to Dubai a
Read moreLondon midday: Dubai gives general boost
14th Dec 2009 12:11
London's bue chips are still posting healthy gains, helped by the decision of Abu Dhabi to bail-out Dubai, its financially embarrassed neighbour. LSE, Standard Chartered and Royal Bank of Scotland are up on the Dubai news, which should lift the cloud of possible huge bad debts hitting the sector.
Read moreLondon open: Bright start as Dubai fears ease
14th Dec 2009 08:49
London's top stocks have opened more than 50 points higher with sentiment buoyed by the decision of Abu Dhabi to bail-out Dubai, its financially embarrassed neighbour. LSE, Standard Chartered and Royal Bank of Scotland are up on the Dubai news, which should lift the cloud of possible huge bad debts
Read moreLondon pre-open: Shares set to gain
14th Dec 2009 07:35
London's top stocks are expected to open around 50 points higher on a relatively busy Monday morning on the company news front. Dairy Milk and Crème Egg maker Cadbury today recommended shareholders reject the bid from processed foods maker Kraft Food, which it says substantially undervalues the com
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