London midday: FTSE plunges below 6,000 on Libya worries
22nd Feb 2011 12:10
Shares are under pressure today as the Libya crisis pushes up oil prices, though precious metal miners are benefitting from defensive buying. Oil prices are higher again, with Brent crude for April settlement rising past $108 a barrel, not good news for British Airways owner IAG, which is one of to
Read moreLondon open: FTSE 100 below 6,000 as Libya casts shadow
22nd Feb 2011 08:24
The FTSE 100 is back below 6,000 points as the ongoing turmoil in Lybia continues to jangle traders' nerves. Oil prices are higher again, not good news for British Airways owner IAG, which is one of today's notable fallers. The high gold price as investors seek a safe haven has lifted African Barri
Read moreCroda profits soar as chemical sales pick up
22nd Feb 2011 07:55
The global economic recovery helped speciality chemicals group Croda International more than double pre-tax profits in the year to 31 December. Pre-tax profits jumped to £192m from £91m the previous year on revenues that rose to £1bn from £828m. During the year Croda, whose products range from in
Read moreFriday tips round-up: Shell, Aggreko, Croda...
29th Oct 2010 06:48
Earlier this year, Royal Dutch Shell unveiled its new strategy to return to growth after pedestrian trading for many years. Yesterday's third-quarter numbers show that the company might just manage to pull off its ambitious plans, as quarterly output rose 5%. It is trading on a December 2010 earni
Read moreLondon close: Blue chips can't sustain early gains
28th Oct 2010 16:30
After going into a slump just ahead of midday, Footsie picked up over the lunch time session, helped by expectations of a firm start on Wall Street. The Anglo-Dutch oil giant Royal Dutch Shell grew earnings by 18% in the third quarter compared with a year ago, while the underlying figure rocketed
Read moreLondon afternoon: Stuck in consolidation mode
28th Oct 2010 14:53
After going into a slump just ahead of midday, Footsie picked up over the lunch time session, helped by expectations of a firm start on Wall Street. The Anglo-Dutch oil giant Royal Dutch Shell grew earnings by 18% in the third quarter compared with a year ago, while the underlying figure rocketed
Read moreCroda Q3 profit bounces 57%
28th Oct 2010 08:38
Speciality chemicals supplier Croda posted a 57% surge in pre-tax profit boosted by a strong performance at its consumer care business and added that momentum was expected to continue into 2011. Pre-tax profit rose to £47.5m for the quarter to September compared with £30.3m the same time a year bef
Read moreThursday preview: Shell, Astra, Croda
27th Oct 2010 16:23
Royal Dutch Shell kept its head down while long time rival BP was being pilloried for the Gulf of Mexico oil disaster, but it is due to take centre stage on Thursday when it announces its third quarter figures and kicks off the oil company reporting season. Charles Stanley has pencilled in $4.5bn f
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
29th Jul 2010 12:16
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] 1116 GMT [Dow Jones] Royal Bank of Scotland raises Croda International (CRDA.LN) price target to 1425p from 1100p. Says th
Read moreMARKET TALK: RBS Raises Croda International Price Target
29th Jul 2010 12:16
1116 GMT [Dow Jones] Royal Bank of Scotland raises Croda International (CRDA.LN) price target to 1425p from 1100p. Says the company's 1H results indicate a very strong performance, particularly in the 2Q. Given the robust performance in 2Q '10 and a confident outlook statement, raises FY '10 pretax
Read moreThursday tips round-up: BP, BG, Sage
29th Jul 2010 06:08
BP unveiled a $32.2bn (£20.7bn) charge related to the oil spill on Tuesday. This is not a full and final figure for the costs involved in the catastrophe, but a rough assessment. The Telegraph feels that a hold rating on the shares is appropriate. If you want to put new money into the sector and gen
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jul 2010 13:18
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1218 GMT [Dow Jones] JPMorgan Cazenove raises Croda International (CRDA.LN) target price to 1400p from 1220p. Says this refle
Read moreMARKET TALK: JPMorgan Cazenove Raises Croda Intl Target Price
28th Jul 2010 13:18
1218 GMT [Dow Jones] JPMorgan Cazenove raises Croda International (CRDA.LN) target price to 1400p from 1220p. Says this reflects a stronger than expected recovery in its industrial area, and continued growth in demand for personal care chemicals. Says that cashflows, and a reduction in debt through
Read moreMARKET TALK: Morgan Stanley Raises Croda Price Target
28th Jul 2010 07:14
0614 GMT [Dow Jones] Morgan Stanley raises Croda International (CRDA.LN) price target to 1450p from 1140p. Following the company's 2Q results, the real underlying earnings power of the group's restructured portfolio became apparent. "We believe organic growth, potential cash return to shareholders a
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
28th Jul 2010 07:14
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0614 GMT [Dow Jones] Morgan Stanley raises Croda International (CRDA.LN) price target to 1450p from 1140p. Following the comp
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