Friday tips round-up: Compass, Kingfisher, Diageo
28th Sep 2012 07:17
Compass, the world's largest catering company, has proved an impressive investment through the financial crisis, with the shares up almost 200 per cent from their 2008 lows, but even this most defensive of companies cannot escape the fallout from the Eurozone debt crisis. Compass has responding by s
Read moreDomino's director slices off 100,000 shares
27th Sep 2012 17:30
Patricia Thomas, the Operations Director at Domino's Pizza UK & Ireland, the main operating subsidiary of Domino's Pizza, sold 100,000 ordinary shares in the company on the same day it reported a slowdown in like-for-like sales growth in the third quarter. Thomas disposed of the shares at an avera
Read moreWednesday tips round-up: Petra Diamonds, Diageo, Close Brothers
26th Sep 2012 07:21
In the Telegraph, Questor continues to bat for long time favourite, Petra Diamonds. The company has been hit hard by this year's 20% drop in diamond prices and technical problems at its Finsch mine. Petra also has a lot of money to raise to pay for expansion projects. On the plus side, demand for di
Read moreLondon close: Equities cruise higher
25th Sep 2012 16:45
US consumer confidence data lit a small fire under equities in the afternoon session, after a drab morning in which leading shares moved mostly sideways. The Conference Board's measure of US consumer confidence rose more than expected in September to its highest level in seven months. M&A activity
Read moreSector movers: Curried Guinness not on the agenda
25th Sep 2012 16:20
British booze giant, Diageo, has confirmed it is in talks to invest in Indian outfit United Spirits. United Spirits is listed on the National Stock Exchange in Mumbai and rumours of the transaction have seen the shares rise 8% since Monday. That, in turn, has seen the Beverages sector edge up a co
Read moreFTSE 100 movers: Weir leads risers on bid speculation
25th Sep 2012 15:49
Weir is leading the risers on the back of speculation that GE, which yesterday said it was keeping an eye out for potential acquisitions, might be about to make a bid for the engineering giant. Hot on its tail, Carnival rose after reporting continuing strength in fleetwide booking volumes and pric
Read moreLondon midday: End to restructuring in sight at RBS
25th Sep 2012 11:59
The Footsie moved within a narrow band throughout the morning session, in the absence of any market-moving economic data. There is not a lot of macro data in prospect in the afternoon session, either, with only second-tier economic indicators due out this afternoon Stateside. "US consumer confide
Read moreDiageo confirms Indian interest
25th Sep 2012 07:34
British booze giant, Diageo, has confirmed it is in talks to invest in Indian outfit United Spirits. United Spirits is listed on the National Stock Exchange in Mumbai and rumours of the transaction have seen the shares rise 8% since Monday. United's market cap is currently around 141bn rupees, or
Read moreLondon close: Stocks finish flat, Sterling up but overbought
21st Sep 2012 16:48
Footsie's movements were being directed by the Grand Old Duke of York today and, as in the old nursery rhyme, ended the day more or less neither up nor down. Extra time often leads to penalties What was set up to be the big item of the day, the decision from the independent directors of mining gr
Read moreDiageo in advanced talks to acquire stake in Indian concern
21st Sep 2012 15:11
The world´s largest alcoholics drinks maker, Diageo, is in advanced talks to buy a stake in Indian outfit United Spirits, four people with knowledge of the matter have told Bloomberg. Such a transaction would fit in well with Diageo´s strategy of increasing its portfolio of emerging market assets;
Read moreFTSE 100 movers: Aviva falls on downgrade
18th Sep 2012 14:39
Broker downgrades put insurance titan Aviva on the skids, pushing the stock's dividend yield beyond seven per cent; BofA Merrill Lynch has downgraded Aviva to 'underperform', although the target price has been raised to 360p from 330p, while Deutsche bank has moved to a 'hold' recommendation and edg
Read moreLondon close: Footsie at five-week low ahead of ECB decision
5th Sep 2012 16:17
- FTSE 100 closes at lowest level since late July - Eurozone newsflow mixed ahead of ECB meeting - Global slowdown fears weigh on sentiment Mixed remarks from Eurozone officials prompted a volatile day of trade on London's stock market on Wednesday as eyes remain fixed on tomorrow's policy rate dec
Read moreLondon midday: Markets nervous ahead of ECB decision
5th Sep 2012 11:38
- All eyes on ECB meeting - Concerns about China, Japan and Australia weigh on sentiment - Britvic in merger talks with AG Barr The FTSE 100 was well off its intraday low by Wednesday lunchtime but still firmly in the red as investors continued to fret about the upcoming policy decision in Europe t
Read moreLondon open: BP and ex-div stocks provide a drag early on
5th Sep 2012 08:34
- ECB meeting eyed - Australian, Chinese data disappoints - BP, ex-div stocks weigh on Footsie Following a 1.5 per cent fall for the Footsie the day before, UK stocks opened lower once again on Wednesday morning with investors likely to remain cautious ahead of tomorrow's eagerly anticipated Europe
Read moreSector movers: Defensives perform well as risk appetite wanes
30th Aug 2012 15:49
Defensive sectors were benefiting from their 'safe-haven' attributes on Thursday as investors scaled back risk ahead of some key meetings of world leaders in the coming weeks, starting with the eagerly-anticipated Jackson Hole symposium which begins later this evening. Whether or not Federal Reserv
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