London afternoon: Leading shares mixed
13th Jan 2010 14:57
Leading shares are mixed having picked up a little over the lunch time session, helped by a firmer start on Wall Street. With the oil price below $80, oil titans Royal Dutch Shell and BP find themselves on traders' sell lists, but BG Group makes headway after HSBC upped its price target for the st
Read moreLondon midday: Ferrero pulls out of Cadbury chase
13th Jan 2010 11:56
Oils and banks are dragging the Footsie down, with sentiment also soured by disappointing manufacturing output figures. While industrial production showed a 0.4% rise in November, better than the 0.3% rise economists had been predicting, manufacturing output remained unchanged from October's level
Read moreFTSE 250 movers: SIG leads the way
13th Jan 2010 10:47
Building products group SIG leads the risers. The firm said it has seen exceptionally challenging conditions and disruption to trading caused by extreme weather conditions in a number of countries in the final weeks of the year, but does not expect full year underlying pre-tax profits to be less tha
Read moreLondon open: Footsie marks time
13th Jan 2010 08:50
Last night's decline on Wall Street, its first of 2010, has tipped Footsie lower a little in early deals though the fall so far is modest. US stocks were hurt by weaker than expected fourth quarter results from aluminium producer Alcoa after hours Monday, while Chinese moves to cool bank lending an
Read moreLondon pre-open: Losses likely
13th Jan 2010 07:34
Last night's decline on Wall Street, its first of 2010, is set to tip London lower in early deals. US stocks were hurt by weaker than expected fourth quarter results from aluminium producer Alcoa after hours Monday, while Chinese moves to cool bank lending and a profit warning from Chevron also hur
Read moreOnline growth drives N Brown
13th Jan 2010 07:08
More good growth from its online operation helped mail order clothing group N Brown's sales rise handily over the Christmas period. Total revenue increased by 4.9% for the 19 weeks ended 9 January 2010 with like-for-like sales, excluding revenue from Simply Be in Germany and High & Mighty, up 3.6%.
Read moreThursday tips round-up: Punch Taverns, BAE, N Brown
15th Oct 2009 06:04
Punch Taverns only trades on 6.4 times 2010 full-year earnings, which is hardly expensive. But given the business's problems, it's hard to say that it deserves a better rating. Even if its turnaround measures start to bear fruit, the question is whether an enormous, impersonal chain can ever really
Read moreLondon close: Triple digit gains for FTSE 100
14th Oct 2009 16:36
Footsie ended with gains in excess of 100 points amid a backdrop of cheery economic news and encouraging earnings from the US. Shares started well after US chip-maker Intel smashed forecasts with its third quarter results, were given a boost by a smaller than expected rise in unemployment, then cli
Read moreLondon midday: Shares soar on US earnings optimism
14th Oct 2009 12:12
Shares are racing away after US bank JP Morgan followed Intel and smashed through forecasts for the third quarter. Futures are pointing to more than a 120 point gain for the Dow when the US kicks off and UK shares are climbing in anticipation. Intel's results came in well ahead of expectations per
Read moreLondon open: Bulls charge ahead after Intel optimism
14th Oct 2009 08:44
The bulls are in full charge mode this morning after forecast-busting third quarter results from Intel raised optimism for a strong US third quarter earnings season and eventual US economic recovery. Intel, the world's largest computer chipmaker, reported an 8.3% drop in net income for the three mo
Read moreOnline boost for buoyant N Brown
14th Oct 2009 07:40
Online and mail order retailer N Brown upped its interim dividend by over 50% as strong sales over the internet and a better bad debt picture lifted underlying profits by 13%. E-commerce sales in the half year to August jumped by 21% to £128m out of a total of £339m, up from £323m, with underlying
Read moreLondon close: Footsie rebounds past 5,000
11th Sep 2009 16:53
Footsie went into the weekend with the 5,000 point level in its rear-view mirror as miners advanced. Silver miner Fresnillo, copper group Antofagasta and platinum specialist Lonmin were among the best performers. Hedge fund giant Man Group also went well helped by the rising markets. British Airwa
Read moreLondon afternoon: Blue chips power on
11th Sep 2009 14:16
Footsie has had another good day with demand for the miners again providing the momentum. Silver miner Fresnillo, copper group Antofagasta and platinum specialist Lonmin are among the best performers. Hedge fund giant Man Group is also going well helped by the rising markets. British Airways conti
Read moreLondon midday: Footsie stays ahead
11th Sep 2009 12:08
Footsie remains on the front foot, with miners still in the driving seat. Silver miner Fresnillo, copper group Antofagasta and platinum specialist Lonmin are among the best performers today. British Airways continues its recent ascent. The airline's shares are up again today making a near 20% rise
Read moreLondon open: Footsie opens strongly
11th Sep 2009 08:44
London's blue chips opened comfortably higher with buyers encouraged by indices in the US hitting new highs for the year. Miners remain the driving force behind the London market's recent surge. It is second-liners Fresnillo and Antofagasta that are the best performers today on hopes that economic
Read more