London close: Stocks dampened by global growth concerns
8th Oct 2012 16:32
- Miners fall on global growth concerns - Supermarkets perform well after broker comments - World Bank cuts Chinese growth forecasts Cyclical stocks suffered falls on Monday as growing uncertainty about the Eurozone and concerns over global growth dampened the mood. "Stocks traded lower today as i
Read moreLondon midday: Worries over growth hit the miners
8th Oct 2012 11:41
- Global growth concerns weigh on cyclicals - Investors worries about Eurozone uncertainty - Evraz sinks after gloomy broker comments After a steep fall early on, the FTSE 100 traded sideways for most of the morning session with cyclical stocks (including the miners and banks) dampened by concerns
Read moreMonday broker round-up - UPDATE
8th Oct 2012 08:03
AMEC: Investec keeps buy rating and 1,300p target. Aquarius Platinum: Panmure Gordon keeps buy rating and 163p target. BAE Systems: Societe Generale upgrades to hold, target lifted from 300p to 350p. British American Tobacco: Nomua raises target from 3,500p to 3,506p, buy rating kept. BSkyB: Nom
Read moreCranswick winning streak continues
8th Oct 2012 07:09
Bacon and sausage supplier Cranswick said underlying turnover in the six months ended September 30th rose five per cent from the previous year as shoppers opted for relatively lower priced pork. Cranswick said it expects the performance of the business to be in line with management's expectations.
Read moreCranswick newly departed CEO sells shares post-exercise
6th Aug 2012 16:05
Bernard Hoggarth, the now former Chief Executive Officer of Cranswick, sold all of the 30,2225 shares he exercised under the company's long term incentive plan, just two days after he signed off from the FTSE 250 food producer. Hoggarth, who will stay on as Commercial Director on a part-time basis
Read moreThursday tips round-up: Jupiter, Cranswick
2nd Aug 2012 07:12
In the Times Tempus thinks if you must buy a listed fund manager, then Jupiter would be the one. Run by Helena Bonham Carter's brother, Edward, the group has seen funds under management grow 0.6bn pounds over the last six months and inflows are healthy (although there has been one very big withdrawa
Read moreCranswick trading in line
1st Aug 2012 07:01
Chief Executive Officer Bernard Hoggarth is signing off on a bright note at food producer Cranswick, which has made a solid start to its new financial year. Trading since April 1st has been in line with expectations, with all product categories delivering robust growth , especially sausage, bacon a
Read moreLondon close: Stocks flat, attention turns to Barclays late on
4th Jul 2012 16:48
- Former Barclays CEO quizzed by MPs over LIBOR fixing - Market subdued as Wall Street closed - Tomorrow's policy decisions eyed After a brief foray into positive territory, gains for the Footsie were pared in the final hour of trade with the focus shifting to Barclays as its former boss was being
Read moreLondon midday: Footsie edges lower on weak PMI data
4th Jul 2012 11:34
- PMI data from China and Europe disappoints - US markets closed for July 4th - Investors await policy decisions tomorrow The Footsie was trading within a narrow range of just 17 points on Wednesday as volumes were seen to be light given that Wall Street is closed for Independence Day. Disappointin
Read moreLondon open: Markets cautious ahead of policy decisions
4th Jul 2012 08:38
- Ex-div stocks provide a drag in London - Chinese economic data dampens the mood - US markets closed for national holiday UK stocks slipped in early trading on Wednesday with volumes expected to be light as US markets remain closed for Independence Day; investors are likely to be cautious ahead of
Read moreCranswick snaps up Kingston Foods
2nd Jul 2012 07:21
Bacon and sausage supplier Cranswick announced it has bought meat products firm Kingston Foods for an undisclosed sum. Cranswick, whose products include fresh pork, gourmet sausages, bacon, charcuterie and fresh sandwiches said: "The acquisition of Kingston strengthens Cranswick's cooked meat produ
Read moreG4S executive cuts his stake
20th Jun 2012 15:29
Grahame Gibson, the Chief Operating Officer and Regional head of G4S's Americas division, has sold 100,000 shares in the international security solutions supplier. Gibson sold the shares for 280p per share on June 19th, making a total of £280,000 on the sale. The company was unavailable to comment
Read moreTuesday tips round-up: Cranswick, British Land, E2V
22nd May 2012 06:56
In the Telegraph, Questor is into his sausages, Cranswick sausages to be precise. The company has had a strong start to the year, up seven per cent while also organising a smooth transition of senior management when the current Chief Executive quits in August. With revenues up 8.2 per cent, profits
Read moreLondon open: Footsie rebounds from six-month low
21st May 2012 08:40
- G8 summit fails to lift sentiment as euro worries persist - Chinese stimulus speculation does the rounds - Man Group surges early on Despite an underwhelming G8 summit at the weekend, London's blue chip index opening slightly higher on Monday morning after slumping to its lowest levels since mid-
Read moreCranswick sees CEO leave after record year
21st May 2012 07:26
UK food supplier Cranswick saw sales and profits beat expectations in the year ended March 31st, as it announced that its Chief Executive Officer (CEO) would be stepping down in the summer. Bernard Hoggarth, who joined Cranswick in 1978, has held the position of CEO since 2004. "He reaches a landma
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