London close: Higher finish for FTSE 100
23rd Apr 2010 16:38
It was a typically quiet Friday on the company news front, but stocks posted good gains as investors took heart from the apparent stabilisation of the Greek debt situation. Greek Prime Minister George Papandreou has asked the European Union and the International Monetary Fund to activate their €45b
Read moreLondon afternoon: Insurers left behind
23rd Apr 2010 14:07
The blue-chip index edged higher over the lunch time session but has not yet recouped all of yesterday's losses, and barring a late flourish looks set to end the week lower than it started it. The number of FTSE 100 constituents in the red is in single figures and comprises a large number of insure
Read moreLondon midday: Greece woes can't halt bulls
23rd Apr 2010 12:29
London's leading shares have barely blinked on the news that Greece has asked for the $45bn EU/IMF aid package to be activated. The news hit the Euro, but has had little impact on a strong morning for UK equities. Oil company BP said it is initiating a rapid response to clear up an oil spill follo
Read moreLondon close: Footsie at 22-month high
15th Apr 2010 17:12
The afternoon saw many leading shares consolidate or extend the morning's gains, solidifying the Footsie's position above 5800. Banks led the advance after better than expected results from US investment bank JP Morgan yesterday. Barclays received a boost from Execution Noble, which raised its targ
Read moreLondon afternoon: Brokers boost banks
15th Apr 2010 14:25
Footsie is keeping its head above 5800, climbing a bit further over the lunch time session despite expectations of a soft start on Wall Street. After better than expected results from US investment bank JP Morgan yesterday investors are keen on UK banks such as Barclays, Royal Bank of Scotland and
Read moreLondon close: Further boost for shares
23rd Mar 2010 16:43
Rising commodity prices, US strength and some well-received company updates sent London to a fresh 21-month closing high Tuesday. The leading index hasn't finished up at this level since 19 June 2008 and is just one decent session away from breaking through 5,700. Cairn Energy was easily the most
Read moreCarnival ups full-year outlook
23rd Mar 2010 14:24
Carnival reported lower first-quarter earnings but shares in the cruise operator rose after the group upped its full-year outlook thanks to improved booking trends. Net income in the three month ended 28 February dropped to $175m, or 22 cents a share, to $260m, or 33 cents a share. Revenues increas
Read moreLondon afternoon: Full steam ahead for Carnival
23rd Mar 2010 14:15
London's leading shares consolidated gains over the lunch-time trading session after notching up solid gains in the morning. Cairn Energy remains the stand-out performer among blue-chips by some distance. The oil group raised its forecast for peak production from its Indian assets by over a third t
Read moreChairman's wife buys Redrow shares
2nd Mar 2010 16:33
Redrow chairman Steve Morgan's wife has bought 100,000 shares in the housebuilder taking their combined stake to 29.95%. Fiona Morgan paid 131.5p a share for the 100,000 shares. The total cost was £131,500. Morgan founded Redrow in 1974 and floated the company 20 years later. He also owns Wolver
Read moreLondon close: Carnival provides lift
24th Feb 2010 16:55
Footsie closed slightly higher, with Carnival giving London's blue chips a lift after announcing that it is going to increase the price of its cruises. Carnival was leading the FTSE 100 higher after the cruise operator said it will be lifting ticket prices following strong reservations activity for
Read moreFTSE 100 movers: Carnival price increase
24th Feb 2010 15:55
Cruise operator Carnival is the biggest riser in the Footsie after announcing that it is going to increase the price of its cruises. The decision has been taken after strong reservations activity for 2010. The price increases will be up to 5%. They will happen on 22 March but overall cruise prices
Read moreCarnival to lift cruise prices
24th Feb 2010 15:31
Shares in Carnival are buoyant after the cruise operator said it will be lifting ticket prices following strong reservations activity for 2010 departures at its Carnival Cruise Lines business. 'We're seeing significantly increased volume as consumers are taking advantage of the incredible value tha
Read moreSector movers: Betting stocks in demand
26th Jan 2010 14:19
Travel & leisure stocks are going well, with mobile gaming software specialist Probability leading the sector higher. The firm said it is trading in line with expectations following a 'very encouraging' December that saw record bets taken and net gaming revenues 30% higher than November. Also in b
Read moreLondon close: Late decline wipes out gains
18th Dec 2009 16:43
Footsie ended lower having spent most of the day in positive territory. Financials led the market down and cruise operator Carnival's lower quarterly profit did not help. Most of the miners ended the day higher but they lost some of their earlier gains. Having been hit hard yesterday following the
Read moreCarnival sinks on earnings guidance
18th Dec 2009 15:04
Shareholders in Carnival were in no mood to party after the cruise operator said its first quarter earnings are likely to be lower than the market had hoped. Revenue in the three months to end-November, the company's fourth quarter, fell to $3.21bn from $3.30bn a year earlier, largely due to lower
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