Broker tips: Genus, NCC, T Clarke
5th Jul 2010 13:24
The second half was better than the first at Genus and with currencies also moving in the company's favour KBC Peel Hunt thinks the animal breeding firm is set for a stronger performance in the current fiscal year. "Global agriculture is starting to recover as pricing and demand is improving in a n
Read moreBroker snap: Main appeal of T Clarke remains the divi
5th Jul 2010 13:23
Investors attracted by the near double-digit dividend yield of T Clarke will have been reassured by the electrical engineer's trading statement on Monday morning in which it revealed an improvement in the order book. "Its order book has increased from its year end position of £170m to £220m. The in
Read moreT. Clarke Sees Trading In Line With Company Views >CTO.LN
5th Jul 2010 07:26
LONDON (Dow Jones)--T. Clarke PLC (CTO.LN), a building services group, said Monday it continues to trade in line with expectations and its forward order book has strengthened and stands at GBP220 million up from GBP170 million a year earlier. MAIN FACTS: -Integration of recent acquisition, D
Read moreClarke(T.): Victoria French Resigns As Finance Director
22nd Jun 2010 12:04
LONDON (Dow Jones)--T.Clarke Plc (CTO.LN), an electrical and mechanical services company, announced Tuesday Victoria French, Finance Director has decided to leave the group by mutual consent at the end of June. MAIN FACTS: -Martin Walton, currently the Group Financial Controller will assume
Read moreLondon close: Footsie comes off highs
19th Mar 2010 16:37
Footsie reached levels not seen since 2008 in afternoon dealings, but the gains dwindled after a poor start in the US and the leading share index finished just a few points in the blue. Banks led the way after an upbeat trading update from Lloyds Banking Group. Lloyds will be profitable on a combin
Read moreLondon afternoon: Footsie at 21 month high
19th Mar 2010 14:08
Footsie marked time over the lunch time session after hitting levels in the morning session not seen since June 2008. Banks continue to lead the way after an upbeat trading update from Lloyds Banking Group. Lloyds will be profitable on a combined businesses basis in 2010, chief executive Eric Danie
Read moreLondon midday: Defensives left behind
19th Mar 2010 12:10
Risers outnumber fallers by around four to one among FTSE 100 constituents as the market continues to enjoy a sentiment boost from an impromptu and upbeat trading update from Lloyds Banking Group. Lloyds will be profitable on a combined businesses basis in 2010, chief executive Eric Daniels claimed
Read moreT Clarke 'optimistic' despite profit plunge
19th Mar 2010 07:35
Electrical engineering and contracting company T Clarke is looking to the future with "cautious optimism" and believes the group is in "good shape" despite watching profits halve during 2009. Profit before tax slumped to £6.8m from £13.4m in 2008 and was down 52% on an underlying basis, reflecting
Read moreSector movers: Construction stocks move ahead
29th Jan 2010 15:00
Well received company updates are helping the construction and materials sector build gains. Infrastructure group Balfour Beatty has won £270m-worth of work, including improvements to Waverley railway station in Edinburgh and four highways contracts in England in Wales. Electrical engineering and
Read moreT Clarke sees 2009 results 'slightly' ahead
29th Jan 2010 08:22
Electrical engineering and contracting company T Clarke expects results for the year ended 31 December to be slightly ahead of market expectations. The group said it enters 2010 a leaner business as a result of significant cost base reductions. Cash balances stood in excess of £20m at the end of t
Read moreSmall caps round-up: Unite, Styles & Woods, Renewable Energy Generation...
19th Nov 2009 15:30
Student accommodation developer Unite Group says that like-for-like rental growth is 9.7% for the 2009-10 academic year. Reservations of 96.5% have been achieved even though 2,800 beds were added for the latest academic year. Unite is negotiating to acquire sites in London that will provide up to
Read moreLondon close: Fed optimism bolsters Footsie gains
21st Aug 2009 16:31
Footsie finished with strong gains going into the weekend after US Federal Reserve chairman Ben Bernanke said prospects for a return to global growth look good. 'After contracting sharply over the past year, economic activity appears to be levelling out, both in the United States and abroad, and th
Read moreLondon afternoon: Footsie bursts through 4800
21st Aug 2009 14:15
Trading remains very thin in London but that has not stopped the Footsie from moving above the 4,800 level for the first time since October of last year. Insurance companies, with their huge investment portfolios, are naturally big beneficiaries of the continued market revival and they lead today
Read moreLondon midday: London's streak continues
21st Aug 2009 12:04
The wobble by global stock markets on Monday following last Friday's dismal US consumer sentiment figures seems a long time ago now as London looks well set to advance for the fourth day in a row. Insurance companies lead the advance in the wake of yesterday's surge by fallen US insurance giant AI
Read moreLondon open: Shares start lower
21st Aug 2009 08:17
London's top stocks have opened lower on profit taking ahead of the weekend and weaker Asian markets. Last night's gains in the US and yesterday's 10½ month high in London counted for nothing in the East today where stocks have tumbled. Hong Kong stocks were unsettled by fears the China's banking
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