Cranswick sales sizzle ahead by 31%
1st Feb 2010 07:26
Sausages, bacon and pork specialist Cranswick piled on the sales in the run-up to Christmas with total turnover up by 31% to £200m. Organic growth from the underlying business in the three months to December was 17%, with 14% growth from CCF Norfolk, acquired in June 2009. All its products were
Read moreFamily purchase at BATS
16th Dec 2009 16:09
Dr Gerald Murphy's family interests have acquired 3,000 shares in British American Tobacco. Dr Murphy joined the board of British American Tobacco as a non-executive director on the 13 March. This is the first time he and his family interests have acquired any shares in the tobacco company since he
Read moreTuesday tips round-up: Lonmin, Cranswick, Amlin
17th Nov 2009 06:39
Away from the Xstrata situation, there is little reason to get excited about Lonmin. The group suffered as platinum prices fell last year, and even as demand for the metal has improved, the strength of the rand in South Africa, where Lonmin has its operations, has not helped. The platinum miner sa
Read moreLondon close: Good as gold
16th Nov 2009 16:56
Footsie came close to breaching the 5400 barrier, helped by a positive start on Wall Street, but profit taking set in at the end of the session and gains were pared. Much of the blue-chip index's advance was down to mining stocks, which were in demand as metal prices continue to head north. Lonmi
Read moreLondon afternoon: Sainsbury slides on sales leak
16th Nov 2009 14:31
After getting off to a flying start, the FTSE 100 index has drifted sideways since the middle of the morning. A larger part of the blue-chip index's gain is down to mining stocks, which are in demand as metal prices continue to head north. Lonmin leads the sector higher despite reporting a full-y
Read moreLondon midday: Early gains consolidated
16th Nov 2009 12:11
Stock prices saw a modest amount of profit taking after the Footsie hit a 14-month high. Lonmin is leading the mining sector higher despite reporting a full-year loss. The South African platinum miner fell into the red in the year to September 30 as prices for the precious metal slumped in line wit
Read moreLondon open: Winning start to week
16th Nov 2009 08:42
Mining heavyweights head the pack Monday, notching up strong gains on record gold prices and demand for other metals. Randgold is top of the pile after gold hit a new record high. Rio Tinto, Xstrata and Kazakhmys are also riding high. Even Lonmin is better despite reporting a full-year loss. The S
Read moreCranswick lifts profits, hikes dividend
16th Nov 2009 07:21
Pork products supplier Cranswick posted a sharp rise in profits in the half year to September 30, helped by its acquisition of the pork processing activities of food group Bowes of Norfolk and organic growth. Pre-tax profits from continued operations before exceptional costs climbed to £21.3m from
Read moreSunday tips round-up: Cape, Alumasc, Cranswick
25th Oct 2009 11:48
The share price of mining, chemical and energy services group Cape continues to recover, after the market priced the group for total failure earlier this year. The Telegraph's Questor expects to hear news of more contract wins in the coming months, especially in the Middle East. Buy. Alumasc shares
Read moreThursday tips round-up: Cranswick, United Drug, Sportingbet
8th Oct 2009 06:24
At 705p, Cranswick trades at 11 times earnings and offers a 3.3 per cent dividend, not bad given a strong balance sheet (net debt of about £65 million) and forecast double-digit profit growth. Hold on, says the Times. Meanwhile, the Telegraph says buy the shares as it expects brokers to upgrade fore
Read moreLondon close: Sainsbury leads retreat
7th Oct 2009 17:03
After yesterday's 2.26% gain on the Footsie the blue-chip index took a small step backwards today, with half an eye on the US market where the third quarter results season is about to get underway. Supermarket chain Sainsbury was the worst performing blue-chip as sales growth figures disappointed.
Read moreLondon afternoon: Weak Wall St. undermines Footsie
7th Oct 2009 14:48
A soft opening by Wall Street prompted London's blue chips to take a step back, though plenty of firm features are still to be found. Supermarket Sainsbury's is off a few points after a 4.6% rise in like-for-like sales excluding fuel in the quarter to 3 October came in lower than expected. Exclud
Read moreLondon midday: Footsie trades sideways
7th Oct 2009 12:06
Footsie has traded sideways all morning with traders cautious after yesterday's surge in share and commodity prices. Predictions of a quiet start on Wall Street have added to the low key mood. Supermarket Sainsbury's is off a few points after a 4.6% rise in like-for-like sales excluding fuel in the
Read moreLondon open: Flat start for Footsie
7th Oct 2009 08:40
London's blue chips are pausing for reflection after yesterday's big gains both here and on Wall Street. Supermarket Sainsbury's is lower despite a 4.6% rise in like for like sales excluding fuel in the quarter to 3 October. Excluding the impact of the VAT cut, like-for-like sales in the quarter, t
Read moreLondon pre-open: Flat start for FTSE 100
7th Oct 2009 07:39
Footsie is in line for a flat start as traders pause for breath following yesterday's surge. Supermarket Sainsbury's posted a 4.6% rise in like for like sales excluding fuel in the quarter to October 3 as shoppers continued flocking to the store amid tough economic times. Excluding the impact of th
Read more