Friday tips round-up: Domino's Pizza, Britvic, Kingfisher...
3rd Dec 2010 06:45
The last two cold snaps boosted like-for-like sales at Domino's Pizza as peckish consumers, wary of slippery pavements, decided to phone for fast food. Domino's was ready to meet the challenge with its fleet of scooters, which made inroads in areas where larger vehicles were held back by the snow.
Read moreLondon close: Market jumps 125 points
2nd Dec 2010 16:33
Blue chips staged an impressive late rally to finish more than 100 points higher for the second day running. There was no big bond repurchase programme today from the European Central Bank, but a decision to extend the current one for three months was enough to get buyers in a lather again. "We ex
Read moreLondon afternoon: ECB inaction deflates market
2nd Dec 2010 14:28
The absence of any mention of plans to launch a bond purchase in the European Central Bank (ECB) press conference this afternoon has taken some of the glow off equities. "We expect the governments to follow what they are committed to, they all have their adjustment and stabilisation programmes," E
Read moreFTSE 250 movers: Investors toast Marston's profit rise
2nd Dec 2010 14:04
Shares in Marston's rose after the pub group and brewer posted a rise in profits despite tough trading in the year to October 2, helped by its shift towards food-oriented pubs. The company, which operates centrally managed pubs such as the Pitcher and Piano chain as well as leasing premises to lan
Read moreLondon midday: Shares stay strong as updates impress
2nd Dec 2010 12:02
Company announcements have mostly been well-received today, helping to keep the leading share index in positive territory. All eyes will be on European Central Bank President (ECB) Jean-Claude Trichet at this afternoon's press conference following the interest rate decision for the eurozone, which
Read moreLondon open: More gains for FTSE 100
2nd Dec 2010 08:25
Shares have got off to a good start as traders continue to hope for action on the eurozone debt crisis. All eyes will be on European Central Bank President Jean-Claude Trichet at this afternoon's press conference following the interest rate decision for the eurozone. Company updates have also bee
Read moreBritvic profits up as sales stay strong
2nd Dec 2010 07:31
Soft drinks group Britvic's full-year profits were higher as sales continued fizzing in spite of subdued economic conditions. The company, which sells its own brand of juice and distributes Pepsi in Britain, posted a pre-tax profit of £109.1m in the 53 weeks to October 3, up from £104.6m the previo
Read moreLondon close: Late dip slows Footsie's progress
21st Oct 2010 16:42
A late sag pulled Footsie back after it seemed destined for its highest close since the middle of April. Good company news and a bright start on Wall Street, with the Dow up 100 points at the start, meant a strong afternoon session in London, but blue chips eased back as the day ended. BT was the
Read moreLondon afternoon: Shares climb higher as Wall Street advances
21st Oct 2010 15:37
Footsie is still going strong with a good start on Wall Street underpinning earlier gains. BT is higher after a favourable court ruling. The UK government has to guarantee all BT employees in the BT pension scheme, not just the ones that joined prior to privatisation in 1984, it was decided. Glax
Read moreFTSE 250 movers: Afren gushes higher after Nigerian purchase
21st Oct 2010 15:28
Afren moves ahead after buying a stake in a Nigerian oil field from Shell and Total, helping cement its position in the country. Debenhams is going well after reporting full year results. In the year to August 28, pre-tax profits climbed by 20.6% from the previous year to £151m. Gross transaction v
Read moreLondon midday: BT jumps after court ruling
21st Oct 2010 12:10
There are some big movements in both directions today, but the mood is optimistic overall and Footsie has been trading at its highest level in nearly six months. TUI Travel, owner of the Thomson travel agent brand, is sharply lower as it restated results for 2008/09 and took an extra £88m charge li
Read moreLondon open: Shares fall back
21st Oct 2010 08:24
A couple of company news items have been given a frosty reception, helping tip the leading share index into the red. TUI Travel, owner of the Thomson travel agent brand, is lower after saying it had to restate results for the 2008/09 and take an extra £88m charge linked to the integration of IT sy
Read moreBritvic toasts Q4 revenue rise
21st Oct 2010 07:15
Soft drinks group Britvic served up a 33.4% rise in fourth quarter revenue after a robust performance particularly from its French division. Total revenue for the 52 week period rose 14.6% while excluding its French acquisition, Fruité, group revenue was up 8% and 5.9% for the quarter and year resp
Read moreLondon close: Five month high for FTSE 100
5th Oct 2010 16:37
An uncertain start to the day was a distant memory by trading's close as shares surged following a strong start in the US, helping Footsie hit its highest levels in five months. US stocks were boosted by better than expected growth in service companies in the world's biggest economy in September. T
Read moreLondon afternoon: Sunny side up for London
5th Oct 2010 14:10
Winners outnumber losers by about three to one among FTSE 100 constituents as London participates in the advance of global stock markets following the Bank of Japan's decision to cut its benchmark interest rate. Sentiment has also been given a boost by reports of growth in activity in the services
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