UK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jun 2010 07:44
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0644 GMT [Dow Jones] Goldman Sachs adjusts ratings on UK capital goods stocks in its latest sector review, upgrading Weir Gro
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
8th Jun 2010 08:13
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0713 GMT [Dow Jones] Goldman Sachs downgrades Bodycote (BOY.LN) to neutral from buy. Following a period of outperformance
Read moreMARKET TALK: Goldman Sachs Downgrades Bodycote To Neutral
8th Jun 2010 08:13
0713 GMT [Dow Jones] Goldman Sachs downgrades Bodycote (BOY.LN) to neutral from buy. Following a period of outperformance, the shares no longer have sector-leading relative upside to the price target, says GS. But it thinks the company should be a significant beneficiary of further improvements in
Read moreThursday tips round-up: BAT Industries, Fenner, Stagecoach
29th Apr 2010 06:37
British American Tobacco signalled that consumers continue to cut back on smoking cigarettes globally, despite the recession drawing to a close in many of its markets. BAT shares trade on a 2011 price-earnings ratio of 11.1, which is a premium to rival Imperial Tobacco. Therefore, despite the expec
Read moreLondon close: Overseas concerns sink Footsie
25th Feb 2010 16:28
Blue chips closed sharply lower as fears about Greece resurfaced and US dole claimant figures were worse than expected. On a busy day for big company results RBS hogged the headlines. The part-nationalised bank saw its net attributable loss narrow markedly in 2009 with fourth quarter impairments 5%
Read moreLondon afternoon: Footsie heads south
25th Feb 2010 14:23
The Footsie sank below last night's closing level over the lunch time session, weighed down by weak miners. On a busy day for big company results RBS continues to hog the headlines. Though off the top, the share price is still sharply higher after the part-nationalised bank saw its net attributable
Read moreProfit sinks at Bodycote, slow recovery
25th Feb 2010 08:09
Engineering firm Bodycote reported a decline in full year pre-tax profit and while there has been a slow recovery in demand, it expects a full recovery may take several years. Headline pre-tax profit fell to £3.7m for the year ended 31 December from £67.6m a year before. Revenue declined to £435.4m
Read moreLondon close: Four-day rally is over
17th Nov 2009 16:31
The leading index finished near its worst levels of the session as weaker banks and mining heavyweights brought a 4-day winning streak to an end. The dollar's bounce off Monday's 15-month low hurt metal prices. Federal Reserve chairman Ben Bernanke said last night that the Fed will conduct policy i
Read moreFTSE 250 movers: Glass half empty for Enterprise Inns
17th Nov 2009 14:16
Shares in Enterprise Inns have lost fizz after the tenanted pub group posted a sharp fall in profits following a difficult year for the pub trade and said it expected profits to continue declining in the short term. Bodycote is also lower. Trading conditions remain tough at the thermal processing c
Read moreLondon afternoon: Inflation concern rears its head
17th Nov 2009 14:10
A rise in UK inflation has raised the prospect of an end to the Bank of England's quantitative easing programme and added to an already downbeat mood in the equity market. UK inflation increased for the first time in eight months in October following a rise in oil prices and a stronger pound. The C
Read moreDemand still weak at Bodycote
17th Nov 2009 07:00
Trading conditions remain tough at thermal processing company Bodycote, with sales levels deteriorating slightly, even from the depressed levels seen in the first half of the year. Sales in the four months to 31 October were 26.4% lower than in the corresponding period of 2008. On a constant curre
Read moreBodycote swings into the red
29th Jul 2009 07:27
Engineering firm Bodycote revealed a pre-tax loss for the half year and warned, as yet, there is no sign of any meaningful improvement in demand levels. Loss before taxation came in at £53.1m for the half year to 31 December 20 from a profit of £38.2m previously. Revenue from continuing operations
Read moreLondon 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 more