Sector movers: Construction stocks driven lower
25th Sep 2009 09:43
Driver Group is leading the constructions and materials sector lower after the provider of dispute resolution services to the construction industry said trading in the second half has been 'very challenging.' In the UK, Driver was particularly disappointed with the north, where an expected upturn d
Read moreSmall caps round-up: Petards, Gemstones, Norman Hay...
25th Sep 2009 08:43
Security and surveillance systems firm Petards saw profits drop for the half year but said the outlook for the second half is stronger with full year profits seen in line with expectations. Profit before tax was £242,000 against £305,000 in the same period last year on revenue that slumped to £6.6m
Read moreSmall caps round-up: CBG, Driver, Development Securities...
24th Aug 2009 11:22
Aim-listed insurance broker CBG said it has responded positively and quickly to the current economic slowdown. "The recent period has seen earnings decline in many lines of business and, as a result, we have put in place a significant cost reduction programme which has been focused on the reorgani
Read moreLondon close: Late rally not enough
25th Jun 2009 17:01
A late rally by UK equities was not enough to prevent the blue-chip index closing in negative territory, largely as a result of weak miners, which were weighted down by softer metals prices. Lonmin, Vedanta, Rio Tinto and BHP Billiton were all stuck in the red. Elsewhere in the sector, Anglo Americ
Read moreLondon afternoon: Banks and miners retreat
25th Jun 2009 14:27
Leading equities drift lower in the afternoon session, led by banks and miners. Asia-focused bank Standard Chartered eases back, despite enjoying record income and operating profit in the first five months of this year. Some of this success has been offset by weakness in consumer banking, however,
Read moreLondon midday: Prices drift lower
25th Jun 2009 12:13
Shares continue to drift lower despite expectations of a firm start on Wall Street. Asia-focused bank Standard Chartered eases back, despite enjoying record income and operating profit in the first five months of this year. Some of this success has been offset by weakness in consumer banking, howe
Read moreSector movers: Construction stocks move ahead
25th Jun 2009 11:13
Support services group Northern Bear is one of the companies leading the construction and materials sector higher, but with three other companies reporting, the sector is mixed. Northern Bear, up 11%, posted a rise in profits despite tough trading, helped by its exposure to specialist businesses su
Read moreLondon open: Miners drop early on
25th Jun 2009 08:10
London's top stocks are lower in early dealings Thursday following a weak finish in the US last night, with miners among the main fallers. Lonmin, Antofagasta and Eurasian Natural Resources are all stuck in the red. Elsewhere in the sector, the Times is reporting that Xstrata has stepped up its cam
Read moreSoft trading to hold back Driver
25th Jun 2009 07:48
Driver, which provides specialist commercial and dispute resolution services to the construction industry, said it expects first half pre-tax profits to remain broadly in line with last year's results after experiencing challenging trading. The firm highlighted the tough environment earlier this mo
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