Broker tips: Miners, Rentokil, Great Portland
6th Nov 2009 12:40
Miners have been put under the microscope by Standard & Poors Equity Research and Citigroup, with positive verdicts on BHP Billiton, Antofagasta and Rio Tinto. In a review of mid-cap miners Citigroup observes that the share price performance of Chilean copper miner Antofagasta has lagged the likes
Read moreAltitude chairman buys shares
5th Oct 2009 16:16
Altitude said a company and its subsidiary in which non executive chairman Colin Cooke has a 40% stake has spent £11,250 on shares in the promotional products business. It bought 150,000 ordinary shares for 7.5p each. Following this transaction, the company has a total holding of 517,000 shares,
Read moreBrooks Macdonald execs sell
23rd Sep 2009 15:42
The chief executive and two directors of Brooks Macdonald have sold a total of 80,000 shares in the asset management and financial advisory group, a week after it reported better-than-expected full-year results. Founding director Richard Spencer sold 30,000 shares at 385.60p, netting £115,680, whil
Read moreLondon close: Footsie rally continues
25th Aug 2009 16:32
After an afternoon of see-sawing between the red and the blue, Footsie finished in positive territory and above the 4,900 point mark, continuing its rally. State-owned lender Royal Bank of Scotland finished with good gains after it said it will cut the level of benefits received by members of its
Read moreLondon afternoon: US data encourages Footsie
25th Aug 2009 15:11
A strong start on Wall Street is keeping London in the blue, just, with investors welcoming a bigger than expected jump in US consumer confidence. The leading index remains on course for a sixth consecutive day of gains after state-owned lender Royal Bank of Scotland said it will cut the level of b
Read moreLondon midday: Footsie still in the red
25th Aug 2009 11:54
Despite threatening to move back into positive territory an hour ago, the Footsie has slid further back down into the red. Miners are still heavily weak with seven out of the top ten losers so far from the sector. Kazakhmys, Xstrata, Antofagasta, Eurasian Natural Resources, Rio Tinto, BHP Billiton
Read moreDerwent London 'encouraged' despite bigger loss
25th Aug 2009 07:55
Half-year losses grew at West End-focused office developer Derwent London as the value of its property portfolio tumbled by £259m. The UK firm reported a loss before tax of £223.3m for the six months to 30 June, up from £144.7m in 2008, although underlying recurring pre-tax profit rose 72% to £29.7
Read moreTuesday tips round-up: Domino's Pizza, Peter Hambro, SThree
21st Jul 2009 06:41
Domino's Pizza's announcement that it expects to beat the market's full-year profit expectations, after saying that interim profits were up 25%, is impressive, but increasingly the norm. While the stock is already looking pricey, there is not too much to hamper Domino's growth plans, and the extra
Read moreDerwent London gets £60m for Fitzroy St site
20th Jul 2009 07:36
Derwent London has sold its freehold interest at 13-17 Fitzroy Street, London W1 for £60m, about 10% less than its valuation at the end of 2008. But the Central London-focused property investor pointed out that the IPD UK Monthly Property Index for West End & Midtown offices had fallen almost 15% i
Read moreDerwent London sees further rental declines
15th May 2009 07:29
Central London-focused property investor Derwent London said it is continuing to see a decline in office take-up. Rental levels have fallen by about 7% since the year end, the firm said, though adding that its diverse portfolio has remained defensive. Derwent said it was focused on retaining inco
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