Thursday tips round-up: Domino's Pizza, Topps Tiles, Charles Taylor
31st Mar 2011 06:31
Domino's Pizza's trading statement yesterday showed sales up 4.2% in the first quarter, itself a fall on the 4.7% in the first seven weeks of the year. Analysts think this year's figure might struggle to beat 3%. Such growth suggests a more sensible trading multiple, and the shares are on about 22
Read moreFTSE 250 movers: Bodycote tops the list
4th Mar 2011 12:41
Thermal processing services provider Bodycote is the best performer on the FTSE 250 today, gaining 6%. The group announced last week that it swung into the black in 2010 with estimate-beating profits. Charter International is edging higher after its welding, cutting and automation business ESAB has
Read moreFTSE 250 movers: Oil groups rise on surging prices
24th Feb 2011 14:41
Oil groups EnQuest and Premier Oil are being helped higher by surging prices. Sportingbet is gaining 5% after amounts wagered in the quarter ended 31 January rose 10.6%. Sector peer Betfair rises in sympathy. Kier Group is wanted after a strong first half performance that saw revenues increase by
Read moreBodycote swings to a profit in 2010
24th Feb 2011 13:45
Bodycote swung into the black in 2010 with estimate-beating profits, but investors were underwhelmed and the shares dropped. The metallurgical coatings specialist reported a pre-tax profit of £45.2m for the 12 months ended December, compared with a loss of £54.5m in 2009. Full-year profits surpas
Read moreFriday tips round-up: Mothercare, WH Smith, Standard Chartered...
15th Oct 2010 06:40
Yesterday's second-quarter trading update from Mothercare was rather a mixed bag with the majority of the good news due to the babycare retailer's "rapid" international growth. The UK retail market was still "uncertain" and the City was taking a guarded view of the company's prospects. The retailer
Read moreThursday tips round-up: Fresnillo, Antofagasta, Bodycote
14th Oct 2010 06:29
Fresnillo, the Mexican company that is the world's biggest producer of silver, expects to top earlier forecasts of gold and silver production this year after a strong third quarter in which production of both metals was running at record levels. A note from Liberum yesterday points out that Fresnil
Read moreLondon close: Strong gains for FTSE 100
13th Oct 2010 16:36
Footsie moved up gear following a strong start on Wall Street, and was nearly posting triple-digit gains at trading's close. US stocks are going well following strong results from processor group Intel and banking giant JP Morgan and strong indications from the Federal Reserve that further stimulus
Read moreLondon afternoon: Still up over 1%
13th Oct 2010 14:45
The leading index broke above 5,750 briefly ahead of the opening bell on Wall Street, its highest since the end of April, led by a powerful mining sector. US stocks have started well - the Dow Jones is up almost 70 points - following strong results from Intel and JP Morgan and strong indications fr
Read moreBroker tips: Bodycote, Rockhopper, C&C
13th Oct 2010 13:01
Brokers are scurrying to bump up their full year earnings estimates for Bodycote after a strong third quarter update from the engineering firm. Improved operating profit has forced FinnCap to increase its estimates, adjusting pre-tax profit from £34.1m to £41.1m, bumping earnings per share up 20% f
Read moreFTSE 250 movers: Bodycode shines after confident update
13th Oct 2010 12:24
Shares in Bodycote are higher after the metallurgical coatings specialist said headline operating profit this year is set to be at the upper end of the range of City forecasts. Miner Petropavlovsk has chopped the price of the Hong Kong listing of its base metals division IRC and scaled back the siz
Read moreLondon midday: Footsie boards the Fed express
13th Oct 2010 12:05
Hints from the US Federal Reserve that it will resume its bond buying programme sooner rather than later galvanised the UK market in the morning session with mining stocks going particularly well. Xstrata, Anglo American, Rio Tinto and Antofagasta are the pick of a mining sector buoyed by the pros
Read moreBroker snap: Analysts race to update Bodycote forecasts
13th Oct 2010 10:52
Brokers are scurrying to bump up their full year earnings estimates for Bodycote after a strong third quarter update from the engineering firm. Improved operating profit has forced FinnCap to increase its estimates, adjusting pre-tax profit from £34.1m to £41.1m, bumping earnings per share up 20% f
Read moreLondon open: Wall St rally boosts Footsie
13th Oct 2010 08:48
Last night's recovery on Wall St following the Federal Reserve's hint at further stimulus measures has boosted London early on despite a big bank cash call. Standard Chartered, the emerging markets focused bank, is preparing for stricter capital requirements for banks with a £3.26bn cash call. The
Read moreBodycote lifts profits guidance
13th Oct 2010 07:30
Headline operating profit this year at metallurgical coatings specialist Bodycote is set to be at the upper end of the range of City forecasts. The company said the range of forecasts for headline operating profit spans from £40.0m to £49.0m, with an average of £42.5m. Revenues for the nine months
Read moreLondon close: Thumbs down for company updates
28th Jul 2010 16:36
Company updates gave traders plenty to mull over and after an uncertain start to the day, shares closed firmly in the red. Centrica slipped even after the British Gas owner's underlying interim profits jumped 65%. Earnings in the half-year to June rose to £886m from £537m on revenues of £11.7bn, ba
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