Sector movers: CSR boosts tech stocks higher
11th Jan 2011 16:02
Shares in bluetooth chip specialist CSR rose on Tuesday sending the technology hardware and equipment sector higher. The group said it has agreed to pay $67.5m to settle with US firm Broadcom in the patent infringement case brought against its subsidiary SiRF. Terms of the settlement will see CSR
Read moreFTSE 250 movers: CSR tops the list
11th Jan 2011 15:52
Bluetooth chip specialist CSR has agreed to pay $67.5m to settle with US firm Broadcom in the patent infringement case brought against its subsidiary SiRF. Terms of the settlement will see CSR pay an initial sum of $5m plus $12.5m for the next five years. CSR expects ongoing legal fees will be red
Read moreLondon afternoon: Good day for bankers
11th Jan 2011 14:11
Share prices levelled out over the lunch time session, but investors remain in good heart as fears over European sovereign debt contagion recede in the wake of a show of support for eurozone bond issues from Japan. It has been a good day for banks, with Societe Generale issuing a bullish note on th
Read moreLondon midday: FTSE 100 adds more gains
11th Jan 2011 12:07
The top share index is now well clear of the 6,000 point mark after building on earlier gains. Banks move higher after the government back-tracked on the question of bonuses. As a trade-off for no additional taxes on the expected £7bn of UK bonuses this year, the banks are in talks to raise their b
Read moreLondon open: Footsie back above 6,000
11th Jan 2011 08:50
UK blue chips have raced away this morning led by the banks as the government caved in on the issue of bonuses. As a trade-off for no additional taxes on the expected £7bn of UK bonuses this year, the banks are in talks to raise their business lending by 10%, or £20bn, to £200bn. Shares in Barclays
Read moreLondon pre-open: Heading higher
11th Jan 2011 07:39
UK blue chips are set for a strong start Tuesday despite weakness in the US overnight and a mixed performance in Asia. Futures prices indicate a gain of more than 30 points for the FTSE 100, taking the leading index back towards 6,000. Marks and Spencer saw group sales rise 4% in the final quarter
Read moreDunelm has difficult Christmas
11th Jan 2011 07:03
Bedding and home furnishings retailer Dunelm had a tough time during the run up to Christmas, damaging sales and profits, while rising costs and consumer demand remain a concern. Like for like sales for the 26 weeks to 1 January slipped 1.2% as a 4.2% tumble in the second quarter cancelled growth o
Read moreTuesday preview: Marks & Spencer, Dunelm, BRC sales monitor
10th Jan 2011 15:51
Christmas trading statements from the retailers have been trickling in and Tuesday sees High Street bellwether Marks & Spencer (M&S) take its turn on the podium to update on trading in the final three months of 2010. Panmure Gordon is forecasting that M&S will achieve a year on year like for like (
Read moreBroker tips for 2011
7th Jan 2011 15:37
Analysts are predicting a bullish year for the UK market on hopes a global economic recovery will kick in. Here are a few of the companies brokers think will lead the advance. Standard Life predicts the FTSE 100, which has risen around 25% since July, could rise by a further 15% to 6,900 by the end
Read moreFTSE 250 movers: CSR extends gains
22nd Dec 2010 14:28
Bluetooth chip specialist CSR is leading the risers, closely following by property group Daejan Holdings and sports chain Sport Direct International. Weather disruptions are sending some stocks lower with retailers Dixons, Dunelm and SuperGroup among the worst performers, and public transport group
Read moreLondon close: FTSE 100 hits new highs
21st Dec 2010 16:36
The leading share index closed just off its highest levels since the first half of 2008, before the global economic crash, after banks and miners led another day of gains. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such
Read moreLondon afternoon: Footsie still going strong
21st Dec 2010 15:12
Footsie is still going strong after a decent start on Wall Street. The 6,000 point mark - not seen since the first half of 2008 - is in sight. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such as India's Vedanta and Mexic
Read moreBroker tips: Retailers, CPP, Diploma
21st Dec 2010 14:08
Peel Hunt has evaluated the impact of recent weather disruptions at a crucial time of year for retailers, as the first companies begin to deliver snow-driven profit warnings. The broker highlights high street womenswear retailer Alexon's trading update as the first of many weak outlook statements.
Read moreBroker snap: Retail sector winners and losers
21st Dec 2010 12:39
Peel Hunt has evaluated the impact of recent weather disruptions at a crucial time of year for retailers, as the first companies begin to deliver snow-driven profit warnings. The broker highlights high street womenswear retailer Alexon's trading update as the first of many weak outlook statements.
Read moreLondon midday: Banks and miners buoy Footsie
21st Dec 2010 12:08
The FTSE 100 remains well above the 5,900 mark, with miners and banks moving higher in tandem once again. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such as India's Vedanta and Mexican silver specialist Fresnillo are go
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