UK MARKET TALK ROUNDUP: SHARES GAINING
9th Jun 2010 09:04
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0804 GMT [Dow Jones] Investec upgrades Barratt Developments (BDEV.LN) and Persimmon (PSN.LN) to buy from hold, keeping the
Read moreMARKET TALK: Investec Upgrades Barratt, Persimmon To Buy
9th Jun 2010 09:04
0804 GMT [Dow Jones] Investec upgrades Barratt Developments (BDEV.LN) and Persimmon (PSN.LN) to buy from hold, keeping the price targets at 110p and 414p, respectively. Is now a buyer of all the leading house builders. Still has short-term concerns about the market post-election but says they look "
Read moreThursday tips round-up: Smiths Group, ENRC, Bellway
25th Mar 2010 06:33
Forget all the fuss about what you can or can't see through an airport full-body scanner ? a clear picture was provided yesterday by a company that makes these devices, as Smiths Group released first-half results. Chief executive Philip Bowman's overhaul of Smiths through the creation of a series
Read moreLondon close: Market unmoved by Budget
24th Mar 2010 16:49
The blue-chip index finished marginally higher after a Budget that was light on bells and whistles While there was little in the Budget to excite anyone other than first-time buyers, cider drinkers and British occupants of Dominica, Grenada and Belize, the corporate news scene was busy, with half
Read moreLondon afternoon: Banks bounce after Budget
24th Mar 2010 14:42
The Chancellor of the Exchequer has delivered his Budget speech and the net effect has been to leave the Footsie barely changed on the day. Banks seem to have been the major beneficiaries of the Chancellor's speech, with the absence of any bank bashing leading to firmer prices for part-nationalised
Read moreFTSE 250 movers: Bellway builds gains
24th Mar 2010 13:23
Bellway leads the risers. The housebuilder upped its dividend by 10% after moving back into profit in the half year to January 31. Pre-tax profits during the six month period totalled £19m, up from a loss of £48.6m. Turnover climbed to £360.8m from £320.2m, as falling house prices attracted new buy
Read moreLondon midday: Footsie dips ahead of Budget
24th Mar 2010 11:49
Footsie has turned down ahead of the Budget as investors wait to see what new initiatives, if anything, chancellor Alistair Darling has to offer. While investors wait, there are plenty of company announcements to digest. Travel companies are doing well. TUI Travel noted a 'significant recovery in
Read moreBellway ups dividend after returning to profit
24th Mar 2010 08:37
Housebuilder Bellway upped its dividend by 10% after moving back into profit in the half year to January 31. Pre-tax profits during the six month period totalled £19m, up from a loss of £48.6m. Turnover climbed to £360.8m from £320.2m, as falling house prices attracted new buyers and prices stabili
Read moreLondon close: RBS leads the charge
4th Jan 2010 17:12
A strong start to the year on Wall Street gave London a boost, prompting the blue-chip index to finish at its highest point for the day. Part-nationalised lender Royal Bank of Scotland's led the advance after Exane BNP Paribas suggested that 'fundamental (rather than purely speculative) investor in
Read moreLondon afternoon: Buoyant Wall St. lifts London
4th Jan 2010 14:38
Shares added to the morning's gains over the lunchtime session, as investors correctly predicted a firm opening on Wall Street. The sale of Royal Bank of Scotland's Pakistan unit has fallen through after the deal failed to get the necessary regulatory approvals and complete before the 31 December d
Read moreLondon midday: Broker tip lifts RBS
4th Jan 2010 12:10
Leading shares moved into consolidation mode late in the morning session, with resource stocks the best performers. Cairn Energy remains the top gainer on news that the oil explorer has secured a second drilling rig to assist its exploration programme in the Disko West area offshore Greenland in th
Read moreFTSE 250 movers: Restaurant Group in demand
4th Jan 2010 11:34
A positive note from UBS has whetted investor appetite for shares in Restaurant Group. Following a tough Christmas in the depths of the downturn in 2008, UBS thinks that the owner of the Frankie & Bennie's and Chiquito chains, will have seen better trading over the latest festive period and has upp
Read moreLondon close: Rate rise fears fuel late slide
4th Dec 2009 17:17
Euphoria over the better than expected US jobless figures proved short-lived as week-end profit taking took hold and miners headed underground. Metal prices weakened in the afternoon session, taking mining stocks with them, as some pundits suggested that with the better than expected jobless figure
Read moreLondon afternoon: Stocks bounce into the blue after US jobs
4th Dec 2009 14:20
Share prices have surged higher as the keenly watched US monthly jobs figures showed a big drop in the number losing their jobs and an unexpected drop in the level of US unemployment. Miners are leading the rally with Rio Tinto the best performer. Other gainers include ENRC and oil explorer Cairn E
Read moreLondon midday: Stocks treading water
4th Dec 2009 12:17
Share prices are stabilising at lower levels as investors wait on the big US jobless announcement due at 1:30pm. Banks are on the back foot after a lukewarm note on the sector from JP Morgan. The US bank is particularly down on part-nationalised bank Royal Bank of Scotland, which it advises its cli
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