London 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
Read moreBunzl on track for 2009
14th Dec 2009 07:04
Distribution and outsourcing firm Bunzl has increased revenue by 11% this year so far thanks to currency exchange rates and remains on course to meet full year expectations. The UK blue chip said underlying revenue for the year to 31 December 2009 is down 1% at constant exchange rates, although tha
Read moreWednesday tips round-up; Pearson, Greggs, Bunzl
21st Oct 2009 06:45
Pearson faces pressures in financial advertising at the FT Group while Penguin's performance is flat. However, underpinned by US stimulus spending and the natural hedge between higher US college enrolments and weaker US school budgets, Pearson should continue to prosper in North America while its
Read moreTuesday tips round-up: Yule Catto, Hardy Underwriting, St Ives
20th Oct 2009 06:46
The upgrades to earnings forecasts after specialist chemicals group Yule Catto's latest tading update yesterday ? the third in four months ? imply that Yule will achieve pre-tax profits this year of £39m, 19% higher than last. Yule still trades at a reasonable nine times next year's earnings, despi
Read moreLondon close: Oil fired Footsie
19th Oct 2009 17:10
Boosted by a bright start on Wall Street equities finished the day with a flourish in London with the FTSE 100 index close to racking up a triple digit gain. Energy stocks saw some late interest as the price of oil moved higher. At midday in New York the price of the most widely traded oil futures
Read moreLondon afternoon: Shares consolidate gains
19th Oct 2009 14:39
After racing off to a fast start leading equities have largely consolidated the gains made in the first hour of trading. Property stocks are among the best performers after a positive note on the sector from Evolution Securities, which has upped its ratings for British Land, Liberty International
Read moreBroker tips: National Express, Bunzl, small caps
19th Oct 2009 13:06
Panmure Gordon has raised its recommendation on National Express to 'buy' from 'hold' following the announcement of a 'highly preliminary proposal' by fellow rail and bus group Stagecoach to acquire the firm. Shares in National Express collapsed on Friday after a consortium including the Cosmen fam
Read moreBroker snap: Cash flow improves at Bunzl
19th Oct 2009 12:53
Broker Charles Stanley remains a buyer of Bunzl after the distribution group's interim management statement indicated margins are on the mend. 'As expected, overall profit margins have improved compared to the first half largely due to the favourable impact of cost reduction initiatives already tak
Read moreLondon midday: More gains for Footsie
19th Oct 2009 12:14
Mining and property stocks have sparked another strong morning for the FTSE 100 index. Miners Fresnillo, Kazakhmys, Vedanta, Anglo American, Xstrata and Antofagasta are leading the way. Property stocks are lifted by a positive note on the sector from Evolution Securities, which has upped its rat
Read moreLondon open: Bright start as buyers keep at it
19th Oct 2009 08:34
London's blue chips are storming forward again helped by another possible bid emerging for National Express and a lack of anyone selling. Only five Footsie stocks are currently in the red with Cable & Wireless the worst performer, but it is down less than 1%. Fresnillo,Vedanta and British Land are
Read moreLondon pre-open: Higher start expected
19th Oct 2009 07:49
Footsie is expected to edge higher in early dealings. National Express has confirmed it is considering a possible merger proposal from rival bus and train group Stagecoach but is also pressing ahead with its plans for an equity issue to relieve its debt burden. Distribution group Bunzl said it ha
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