London close: Another sluggish day for FTSE 100
16th Sep 2010 16:40
There was no shortage of company news for traders to ponder today, but Footsie has continued trading in a tight range following recent gains and finished a few points in the red. The US failed to boost sentiment; shares on Wall Street are lower after economic data failed to lift sentiment. Manufact
Read moreLondon afternoon: Footsie drifts lower
16th Sep 2010 14:13
Footsie fell a bit deeper into the red over the lunch time session as a half-hearted rally following disappointing retail sales figures fizzled out. Kingfisher is a high-flyer after interim profits from the DIY retailer were at the top end of the range of expectations as the group achieved strong g
Read moreLondon midday: Footsie seeking direction
16th Sep 2010 12:13
The leading share index is little changed after its flat start amid a mixed reception for today's stream of updates. Kingfisher is a high-flyer after interim profits from the DIY retailer were at the top end of the range of expectations as the group achieved strong growth in each of its three main
Read moreLondon open: Retailers offer mixed bag
16th Sep 2010 08:26
London is seeking direction in the early going despite a welter of company results for the investment community to digest. Today has been termed "retail Thursday" in some quarters with a number of the big names from the edge of town trading estates reporting. Interim profits from DIY retailer King
Read moreDunelm pleased with start to new trading year
16th Sep 2010 07:43
Out of town homewares retailer Dunelm has posted profits slightly ahead of expectations following sharply higher like for like sales, and announced a new CEO. Analysts had pencilled in a figure of £76.2m for pre-tax profits, but the company topped that with profits of £76.8m, up from £53.5m last ye
Read moreLondon pre-open: Retailers grab the spotlight
16th Sep 2010 07:36
London looks set for a subdued start with City traders expecting the FTSE 100 index to open around 8 points down from last night's close. Results from retailers are likely to dominate early proceedings, and generally the performance from the companies reporting has been good. Interim profits from
Read moreThursday preview: Retailers queue up
15th Sep 2010 16:45
Retailers look set to dominate proceedings on Thursday with DIY outfit Kingfisher, consumer electricals seller Kesa and department store and supermarket partnership John Lewis all set to report. Cash and carry wholesaler Booker and soft furnishings retailer Dunelm are also reporting. Kesa Electrica
Read moreLondon close: Triple digit gains
13th Jul 2010 16:31
Footsie's gains exceeded the triple-digit level at trading's close after optimism engendered by an upbeat start to the US results season. Aluminium giant Alcoa posted profits ahead of expectations last night. Here, product testing company Intertek is benefitting from Merrill Lynch lifting its pric
Read moreUK SMALLCAP ROUNDUP:Paperchase Sold To Private Equity For $31M
13th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BORDERS GROUP INC. (BGP), a U.S. bookseller, said Tuesday it has agreed to sell U.K. stationary firm Paperchase Products Ltd to private equity firm Prima
Read moreLondon afternoon: Good start to US results season lifts UK
13th Jul 2010 14:30
Footsie has risen steadily throughout the day, riding a wave of optimism after aluminium giant Alcoa got the second quarter results season in the US off to a strong start, while Merrill Lynch further aided sentiment by talking down the chances of the global economy experiencing a double-dip recessio
Read moreFTSE 250 movers: Dunelm in demand
13th Jul 2010 12:40
Shares in Dunelm are in demand after the home furnishings retailer said it should beat full-year profit forecasts despite a drop in like-for-like sales during the fourth quarter. Like-for-like sales grew 8% in the year to 3 July following a marked slowdown during the last six months to just 0.8% fr
Read moreUK SMALLCAP ROUNDUP: BGlobal Eyes Profitable FY11
13th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps BGLOBAL PLC (BGBL.LN), a metering services company, Tuesday said it expects to move into profit for fiscal 2011 following a first quarter in the black, a
Read moreLondon midday: Stocks kick on as inflation eases
13th Jul 2010 12:16
Inflation figures gave the London stock market a boost this morning and the Footsie ended the session close to its highest level for the day. Consumer price inflation (CPI) eased towards the Bank of England's target level of 2% in the year to June. helped by lower petrol prices. CPI annual inflati
Read moreUPDATE: Dunelm Cautious On FY11 Amid Tax Rises, Spend Cuts
13th Jul 2010 11:37
(Adds analysts' comments, detail.) By Hannah Benjamin Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. homeware retailer Dunelm Group PLC (DNLM.LN) Tuesday said trading in fiscal 2011 is expected to be much tougher on year, even though it ended the last fiscal strongly and expects to top
Read moreUK SMALLCAP ROUNDUP: African Minerals Gets $1.5B For Tonkolili
13th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AFRICAN MINERALS LTD. (AMI.LN), an iron ore miner focused on Sierra Leone, Tuesday said it agreed a $1.5 billion investment in its Tonkolili project from
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