FTSE 250 movers: Spots knocked off Domino
28th Mar 2012 14:12
Titanium feedstock miner, Kenmare Resources, leapt on news of a sharp increase in revenues and a return to the black in 2011. Revenues during 2011 increased to $167.5m from $91.6m in 2010, while profit after tax was $23.7m versus a loss of $16.3m in the prior year. Gold producer Petropavlovsk also
Read moreLondon pre-open: Stocks fall ahead of GDP data
28th Mar 2012 07:39
City sources predict the FTSE 100 will open down 22 points from yesterday's close of 5,870, tracking falls in the US and Asia. The anticipated drop will also come ahead of UK GDP data for the fourth quarter, due to be released by the Office for National Statistics later this morning. Like-for-lik
Read moreDomino's looking to Germany
28th Mar 2012 07:02
Like-for-like (LFL) sales growth at pizza delivery firm Domino's Pizza has tailed off a touch in the last six weeks, but online sales are booming. LFL year-on-year sales growth in the 13 weeks to March 25th was 3.5%, a slow-down from the 3.7% growth rate seen in the first seven weeks of the year, a
Read moreLondon close: Stocks rebound as Greek debt-swap looms
7th Mar 2012 16:35
-Greek debt-swap participation rate estimated at 58%. -Greek government confident of achieving rate of at least 75%. -Admiral surges after full-year results. London's blue chips bounced back today, following yesterday's sharp selling, with investors now looking to tomorrow's Greek debt-swap deadlin
Read moreLondon midday: Stocks edge higher, markets await Greek debt-swap
7th Mar 2012 11:25
- Admiral jumps 11% as outlook improves. - BATS, CRH, Serco down after going ex-dividend. - Markets await the Greek debt-swap deadline. Following a shaky start, London's FTSE 100 index looked to have found its direction by midday, trading three tenths of a percent point higher following the sell-of
Read moreLondon midday: Banks provide a boost
15th Feb 2012 11:45
- Banks lead the risers on the Footsie. - PBOC to keep buying Eurozone debt. - Venizelos foresees bailout resolution. UK stocks were slightly higher by midday after China pledged to continue buying Eurozone bonds, easing concerns of the region's debt crisis. Banks were the best performers of the d
Read moreWednesday broker round-up - UPDATE
15th Feb 2012 09:25
Essar Energy: Morgan Stanley upgrades to neutral from underperform. Anglo American: Citi downgrades to neutral from buy. International Consolidated Airlines: Credit Suisse raises target from 152p to 189p, neutral rating kept. InterContinental Hotels: Credit Suisse raises target to 1,521p from 1,
Read moreLondon open: Stocks rise as China pledges to keep helping Eurozone
15th Feb 2012 08:19
- PBOC to keep buying Eurozone debt. - Eurogroup meeting cancelled. - Essar leads the risers early on. UK stocks rose in early trading on Wednesday, rebounding after yesterday's decline, with European indices following Asian markets higher after China pledged to continue buying Eurozone debt. Spea
Read moreDomino's Pizza's dough not rising fast enough
15th Feb 2012 08:02
Profits from pizza delivery firm Domino's Pizza were marginally ahead of market expectations despite its new German operations taking a slice from the pie. Profit before tax for the 52 weeks to Christmas Day 2011 rose by 14.6% to £43.6m from £38.0m the year before. This figure excludes losses of £1
Read moreLondon pre-open: Market to open higher despite Greek news
15th Feb 2012 07:25
City sources predict the FTSE 100 will open up 10 points from yesterday's close of 5,900, taking its lead from a late rally in US and Asian stocks. That on expectations that Greek opposition leader Antonis Samaras will sign a letter promising to follow through on austerity measures should he win the
Read moreLFL sales pick up in 2012 at Domino's Pizza
15th Feb 2012 07:01
Profits from pizza delivery firm Domino's Pizza were marginally ahead of market expectations despite its German operations taking a slice from the pie. Profit before tax for the 52 weeks to Christmas Day 2011 rose by 14.6% to £43.6m from £38.0m the year before, though this figure excluded losses of
Read moreWednesday preview: Domino's Pizza, Sports Direct, Inflation Report
14th Feb 2012 15:57
On Wednesday, pizza delivery outfit Domino's reports full year results but there are not expected to be any surprises after the group said in an update last month that it has been trading in line with expectations. Market consensus is for profit before tax of £42.1m on sales of £209m. A figure of
Read moreWeek Ahead: IHG, Domino's Pizza
10th Feb 2012 13:43
As usual Thursday is looking like the busiest day for trading updates, with African Barrick Gold , BAE Systems, Ladbrokes, Reed Elsevier, Talvivaara, Cable & Wireless Worldwide, Sports Direct International and Kingfisher all weighing in on that day. Hotelier InterContinental Hotels Group (IHG) is t
Read moreLondon close: Footsie follows Wall Street lower
4th Jan 2012 17:12
Having spent most of the day seeking direction, UK investors took the hint from their US counterparts and banked some of yesterday's heavy gains. Fashion chain Next was one of the day's biggest fallers, after a cautious trading statement. The company said "despite a good final week before Christma
Read moreFTSE 250 Movers: Domino's leads the way
4th Jan 2012 12:53
Domino's Pizza was flying high despite seeing a slow-down in year-on-year like-for-like (LFL) sales growth in the final quarter of 2012, as expected. The stock was boosted by the company's reassurance it is on target to meet full-year profit expectations. In the 13 weeks to December 25, LFL sales r
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