London close: Flat finish for Footsie
23rd Jul 2010 16:58
The day that was not without excitement, but shares were little changed overall amid uncertainty ahead of European banking stress tests due after the close. The best performing blue-chip was chip designer ARM Holdings . It was already higher, helped by strong results from US tech giant Microsoft ov
Read moreUK SMALLCAP ROUNDUP: Sirius Exploration's FY10 Loss Widens
23rd Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SIRIUS EXPLORATION PLC (SXX.LN), a mining and exploration holding company focused on potash and salt deposits in North America and Australia, Friday post
Read moreLondon afternoon: KNOC ups Dana bid terms
23rd Jul 2010 14:36
Leading blue-chips continue to drift lower with investors happy to bank the week's profits ahead of the week-end and the announcement of the results of the European banking stress tests at 5:00pm today. Not surprisingly, banks feature prominently among the losers with Standard Chartered, HSBC and L
Read moreFTSE 250 movers: Britvic flat despite fizzing sales
23rd Jul 2010 12:42
Sales have been bubbling at Britvic, but the soft drinks firm's results have failed to impress the market. Group revenue, including a one month contribution from the recently constituted French division, totalled £289.5m in the April to June quarter, up 16.2% on the corresponding period of last yea
Read moreUK SMALLCAP ROUNDUP: HMV Refinances GBP240M Facility
23rd Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps HMV GROUP PLC (HMV.LN), a U.K. entertainment retailer, said Friday it has completed the refinancing of its GBP240 million revolving credit facility with
Read moreLondon midday: Equities in wait and see mode
23rd Jul 2010 12:13
Investors are keeping their powder dry ahead of the release of the European bank stress tests after the close of business today. Stocks are easier on balance, despite signs that the UK economy is picking up. Gross domestic product grew by 1.1% during the quarter according the Office of National St
Read moreUPDATE: Close Brothers Eyes Solid FY10 As Bad Debt Improves
23rd Jul 2010 10:20
(Adds analyst comments and share price.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Financial services company Close Brothers Group PLC (CBG.LN) Friday said it was confident of solid performance for fiscal 2010, reflecting better-than-expected loan growth and an improv
Read moreUK SMALLCAP ROUNDUP: Salamander Energy: Vietnam Well Dry
23rd Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SALAMANDER ENERGY PLC (SMDR.LN), an oil and gas firm, Friday said it didn't find any oil at an exploration well offshore Vietnam, marking another setback
Read moreLondon open: Footsie moves higher
23rd Jul 2010 08:55
London has shrugged off an early dip and is now making progress again following on Wall Street's rise last night on the back of good US company earnings. Banks are likely to be a focus for most of the day as the results of the European stress tests are unveiled. There is some confusion over exactly
Read moreClose Bros shrugs off 'more difficult' fourth quarter
23rd Jul 2010 07:40
Close Brothers Group still thinks it will deliver a “solid” performance for the full-year, although funds under management eased in the last three months and it’s making less per trade at its market making arm. Favourable market conditions helped the merchant bank improve the loan book to £2.9bn on
Read moreClose Brothers: Bad Debt Ratio Improves Slightly, Funds Flat
23rd Jul 2010 07:15
LONDON (Dow Jones)--Financial services company Close Brothers Group PLC (CBG.LN) Friday said its bad debt ratio improved marginally in the five months to June 30, but warned it is still sensitive to the economic environment, and reported no increase in funds under management. In an update on tra
Read moreLondon close: Late rally limits losses
21st May 2010 16:32
It was a volatile day on the markets, but Footsie rallied back above 5,000 points before the close, having sunk below that level earlier in the afternoon, and finished only slightly in the red. European worries are continuing to set traders' nerves on edge. Germany's parliament approved the country
Read moreLondon afternoon: Footsie sinks below 5,000
21st May 2010 14:24
The FTSE 100 has plunged below 5,000 for the first time in over six months as markets continue to fret about Europe's sovereign debt crisis and potential financial regulation. London's leading index sank below the big figure just after midday. It hasn't been this low since early November and hasn't
Read moreLondon midday: Footsie back in the red
21st May 2010 11:38
After briefly tip-toeing into the blue, Footsie is now back in the red again as concerns about eurozone debt persist. Germany's parliament is expected to approve the country's share of a €750bn eurozone rescue package on Friday. Both houses of parliament are scheduled to vote on its potential €148b
Read moreLondon open: Modest fall for Footsie
21st May 2010 08:48
London's top stocks have opened lower but the decline is modest compared to the hammering US blue chips took overnight. British Airways record pre-tax loss of £531m is providing some distraction. The carrier was hit by strike action, bad winter weather disruption and the impact from the global rece
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