Domino's directors deliver more shares
14th Dec 2009 16:15
Domino's Pizza directors are selling again. This time it is via the pizza delivery company's tender offer at 292p a share. This tender replaced the original tender offer at 317p a share, which was scuppered by a fall in the share price. There were 2.27m shares tendered by the closing date of 11 De
Read moreFriday tips round-up: Go-Ahead, Halma, Marston's
4th Dec 2009 06:40
Bus and train group Go-Ahead is retaining some legacy contracts at Heathrow that are scheduled to run until 2011, and it is holding on to the Meteor car parking business, but the focus is firmly on public transport. Cue the acquisition of Plymouth CityBus, which has a fleet of more than 170 buses
Read moreDomino's relaunches tender offer
1st Dec 2009 07:56
Domino's Pizza is making another try to return a big chunk of cash to shareholders through a tender offer after a dip in its share price scuppered the first attempt. The pizza delivery firm has trimmed the amount being offered this time from £19m to £17.5m, while the price the company will pay has
Read moreLondon close: Footsie bounces back
27th Nov 2009 16:28
Footsie ended the day with good gains as investors' nerves calmed following sharp declines on the back of worries about the financial sector's exposure to a debt default by Dubai World. Shares initially fell, adding to heavy losses yesterday after Dubai stunned financial markets when it announced t
Read moreLondon afternoon: Footsie advancing again
27th Nov 2009 14:11
Footsie has rallied and is now showing modest gains as worries over the Dubai debt situation ease. Royal Bank of Scotland has led teh recovery having calmed nerves by saying it has signed up for the government's asset protection scheme (APS). The bank said in a statement that the agreement was sign
Read moreLondon midday: Footsie still lower
27th Nov 2009 12:41
Footsie is still sitting slightly lower amid continued worries over the Dubai debt situation. But Royal Bank of Scotland is now going well having fallen back in early dealings on fears over the financial sector's exposure to a debt default by Dubai World. RBS calmed nerves by saying it has signed u
Read moreLondon open: Dubai fall-out hits again
27th Nov 2009 08:42
London has opened better than forecast after panic on Asian markets overnight over the problems in Dubai. Japan's Nikkei was down 301 points to 9,081, a new four-month closing low. Banks were bashed on worries about the financial sector's exposure to a debt default by Dubai World. Hong Kong fell ov
Read moreDomino's Pizza bins tender offer
27th Nov 2009 07:35
Domino's Pizza has scrapped its tender offer, announced last week, because the shares have fallen about 7% below the tender price. The pizza chain said last week it would return £19m of surplus cash to shareholders through a tender offer for 6m shares at 317p. But the shares closed at just 295p la
Read moreLondon close: Good as gold
16th Nov 2009 16:56
Footsie came close to breaching the 5400 barrier, helped by a positive start on Wall Street, but profit taking set in at the end of the session and gains were pared. Much of the blue-chip index's advance was down to mining stocks, which were in demand as metal prices continue to head north. Lonmi
Read moreDomino's director take away
16th Nov 2009 16:07
Domino's Pizza directors have offloaded shares ahead of a tender offer by the company. The directors have sold at 310p a share whereas the tender offer is at 317p a share. Domino's intends to buy back 6m shares for £19m. The directors have sold nearly as many shares as Domino's is tendering for. A
Read moreLondon afternoon: Sainsbury slides on sales leak
16th Nov 2009 14:31
After getting off to a flying start, the FTSE 100 index has drifted sideways since the middle of the morning. A larger part of the blue-chip index's gain is down to mining stocks, which are in demand as metal prices continue to head north. Lonmin leads the sector higher despite reporting a full-y
Read moreBroker tips: Domino's Pizza, Majestic Wine, Electrocomponents
16th Nov 2009 12:59
Shares in Domino's Pizza have risen by a third in price since the beginning of September, prompting Charles Stanley to downgrade its rating, despite the pizza delivery outfit issuing another upbeat trading statement on Monday morning. The company has announced its intention to buy back 6m shares at
Read moreLondon midday: Early gains consolidated
16th Nov 2009 12:11
Stock prices saw a modest amount of profit taking after the Footsie hit a 14-month high. Lonmin is leading the mining sector higher despite reporting a full-year loss. The South African platinum miner fell into the red in the year to September 30 as prices for the precious metal slumped in line wit
Read moreBroker snap: Impressive cash flows at Domino's
16th Nov 2009 11:47
Shares in Domino's Pizza have risen by a third in price since the beginning of September, prompting Charles Stanley to downgrade its rating, despite the pizza delivery outfit issuing another upbeat trading statement on Monday morning. The company has announced its intention to buy back 6m shares at
Read moreLondon open: Winning start to week
16th Nov 2009 08:42
Mining heavyweights head the pack Monday, notching up strong gains on record gold prices and demand for other metals. Randgold is top of the pile after gold hit a new record high. Rio Tinto, Xstrata and Kazakhmys are also riding high. Even Lonmin is better despite reporting a full-year loss. The S
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