Sunday tips round-up: African Aura, 3i Infra...
13th Feb 2011 11:56
African Aura is very interesting because it has exposure to two commodities with a positive outlook. The company plans to split into two in the next few months, which is likely to lead to a re-rating of the shares. The two commodities are iron ore and gold. African Aura has a joint venture with Rus
Read moreSector movers: Tech stocks wanted, again
7th Feb 2011 16:02
ARM Holdings is giving the technology hardware and equipment sector a lift Monday afternoon. The sector has seen a 15% rise in the last week since the chip giant released its fourth quarter results. Booming demand for mobile phones, tablet computers and other low-powered devices meant 2010 saw the
Read moreFTSE 100 movers: Miners power Footsie rise
7th Feb 2011 14:29
Miners are strong today and Xstrata is leading the way forward. Chip designer ARM continues to rise despite even more share sales by directors and senior management. Shares in BT have fallen following the news that non-executive director Patricia Hewitt has bought 1,837 shares at 188.33p each.
Read moreFTSE 100 movers: Utilities strengthen
4th Feb 2011 13:35
Utilities dominate the risers in the Footsie. Severn Trent, United Utilities and the newly enlarged International Power head the risers. BT Group continues to strengthen after yesterday's third quarter figures. International Consolidated Airlines continues to fall. The share price has fallen b
Read moreLondon close: Shell continues to provide a drag
3rd Feb 2011 17:05
Footsie failed to hang on to yesterday's 6,000 level and finished 0.28% lower despite Wall Street beginning to recover from its early morning lows towards the end of the London trading session. Royal Dutch Shell stayed the heaviest faller in London despite more than quadrupling fourth quarter profi
Read moreSector movers: BT lifts telecoms sector
3rd Feb 2011 15:57
Fixed line telecommunications is on the rise boosted by sector titan BT after its third quarter results cheered investors. Strong growth in broadband subscribers and a pick-up by its global services operation helped BT lift profits by almost a third over the past three months. Pre-tax profits in
Read moreFTSE 100 movers: Royal Dutch Shell fails to impress
3rd Feb 2011 13:54
Royal Dutch Shell did not impress the market with more than quadrupled fourth quarter profits. Higher energy prices, an increase in production and cost-cutting provided the positive momentum. Earnings for the last three months of 2010 on a current cost of supplies (CCS) basis surged to $5.7bn from
Read moreLondon open: Mixed reception for company updates
3rd Feb 2011 08:27
Stocks are moving in both directions after updating the market and the top share index is currently in the red by about a dozen points. Royal Dutch Shell is a faller even though the oil titan more than quadrupled fourth quarter profits thanks to higher energy prices, an increase in production and c
Read moreLondon pre-open: Stocks to pull back
3rd Feb 2011 07:37
A flat finish in the US last night and losses in Asia this morning look like knocking a dozen or so points off London's leading index early Thursday. Ongoing turmoil in Egypt overshadowed some positive earnings news and upbeat data it eh US Wednesday, leaving the Dow Jones up just 1 point by the cl
Read moreBroadband subscribers boost BT
3rd Feb 2011 06:55
Strong growth in broadband subscribers and a pick-up by its global services operation helped telecoms titan BT lift profits by almost a third over the past three months. Pre-tax profits in the quarter to December jumped by 30% to £531m from £408m, even though sales fell slightly to £5.04bn from £5.
Read moreSector movers: Premier Foods lower after yesterday's sale
25th Jan 2011 12:50
The food producing and processing sector is lower Tuesday after a busy day yesterday. Premier Foods, whose most famous brands include Hovis bread and Sharwood's cooking sauces, announced Monday that it has sold its vegetarian foods business to a private equity consortium for £205m as it seeks to re
Read moreBT told to cut rural prices
20th Jan 2011 16:01
Communications industry watchdog Ofcom has outlined proposals aimed at reducing the price BT's wholesale business can charge internet service providers (ISPs) in rural areas. The regulator is proposing price reductions of between 10.75% and 14.75% below the inflation rate in a discussion document r
Read moreFriday tips round-up: BT, Balfour Beatty, Booker...
14th Jan 2011 06:44
BT bulls have had little to complain about recently as the stock has climbed 20% in two months and broken through the 190p barrier for the first time in two and a half years. The company is due a re-rating this year if the management team keeps ticking all the right boxes. A return to growth is sti
Read moreTechMARK movers: Cost-cutting key for Promethean World
12th Jan 2011 12:55
Shares in Promethean World reacted positively after it revealed that it is cutting more costs. The e-learning group says that 2010 revenues will be near to the top of downgraded expectations. Management expects trading to continue to be tough. There will be higher than expected one-off costs at the
Read moreBT seeks to allay "two-tier internet" fears
4th Jan 2011 16:23
Telecoms giant BT is trialling a new service that will allow internet service providers (ISPs) who use its network to deliver video content more rapidly. The new service, known as Content Connect, will enable ISPs to charge content providers more for delivering bandwidth-clogging video content. Cr
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