London pre-open: Positive start ahead
11th Sep 2009 07:34
London's blue chips look set to open comfortably higher with traders expecting Footsie to open around 30 points higher. Tesco said it will create more than 1,500 new jobs with the creation of a new partnership with Belgian company Fortis providing motor and household insurance. Initial investment
Read moreN. Brown buys High and Mighty
11th Sep 2009 07:16
Home shopping specialist N. Brown has acquired certain assets of High and Mighty from the administrator. The company has bought the brand, web site and the assets of 14 High and Mighty stores in the UK for £1.6m in cash. The assets purchased generated sales of more than £8m in the year to 31 Janua
Read moreLondon close: Footsie gives up gains
7th Jul 2009 16:29
Footsie managed to shrug off a poor performance on Wall Street until late in the day but gave up the fight just before the close to finish slightly in the red. Miners led the risers. Xstrata was wanted as rumours resurfaced that Brazilian mining titan Vale is contemplating reviving bid talks with
Read moreLondon afternoon: Prices hold steady at higher levels
7th Jul 2009 14:09
Equity prices stagnated over the lunch time trading session. Footsie remains modestly higher but volumes are low. Miners lead the advance, with the top 6 performers among Footsie constituents all mining stocks, Miner Xstrata is wanted, as rumours resurface that Brazilian mining titan Vale is con
Read moreLondon midday: Shares comes off the top
7th Jul 2009 12:11
Prices are off the top despite expectations of a moderately firmer opening on Wall Street. Earlier shares had been given a lift by the release of the latest British Chambers of Commerce (BCC) survey showed a rebound of confidence levels in the second quarter. Britain may have seen the worst of the
Read moreN Brown tunrover up 5.1%
7th Jul 2009 07:37
Home shopping company N Brown said in the 18 weeks to July 2009 turnover increased by 5.1%, in line with its plan, with contributions from all its major customer and product groups. Sales have been driven by the improved targeting and quality of its home shopping catalogues, along with the recent w
Read moreLondon pre-open: Positive start likely
7th Jul 2009 07:34
London's blue chips look set to open slightly higher after spending most of the day firmly in negative territory yesterday. Traders are expecting Footsie to open up 18 points. Housebuilder Persimmon said it has seen both volume and revenues improve recently and expects that trend to continue agains
Read moreRyanair's O'Leary nets £16m from share sale
8th Jun 2009 17:02
Ryanair boss Michael O'Leary has pocketed over £16m from the sale of a stake in the low-cost airline. The outspoken Irishman sold 5m shares at €3.75 each, netting him €18.75m (£16.29m). He still owns 60m shares, or 4% of the business. Shares in O'Leary's company have risen sharply in recent months
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