London open: Blue chips flat
15th Jan 2010 08:44
London is going nowhere this morning despite more gains in the US overnight and better than expected fourth quarter results from chip giant Intel, announced after hours. On home soil, Man Group suffered a 4% drop in funds under management during the third quarter, mainly due to the $1.2bn pulled ou
Read moreLondon pre-open: Footsie set to reclaim 5,500
15th Jan 2010 07:35
A modest gain in the US overnight should be enough to get London back above 5,500, futures prices reveal. The FTSE 100 is expected to add about 11 points after American investors shrugged off a surprise drop in retail sales, rise in unemployment and President Obama's new multi-billion dollar bank t
Read moreExperian hits its growth targets
15th Jan 2010 07:04
Latin America was once again a bright spot for credit checking firm Experian, which saw underlying organic revenue growth of 1% in the last three months of 2009, but the group remains cautious on the outlook for the UK. The UK & Ireland saw revenue dip 3% on a constant currency basis in the third q
Read moreFriday preview: Man Group, Experian, Bovis Homes
14th Jan 2010 15:13
Trading statements are expected on Friday from Experian, Bovis Homes and Man Group. The share price of hedge fund manager Man Group has retreated this week after Morgan Stanley cut its rating on the stock from 'overweight' to 'equal weight'. The US broker likes Man's exposure to a number of growt
Read moreLondon midday: Shares slip as banks and miners slide
17th Dec 2009 12:09
Falls across the board for the heavyweight bank and mining sectors are keeping Footsie firmly in the red. Lloyds Banking is leading the blue chip fallers, while Standard Chartered and Barclays are also among the worst performers. Among the miners, Antofagasta, Eurasian Natural Resources and Xstrat
Read moreAnite non-exec buys for ISA
9th Dec 2009 15:45
Non-executive director David Hurst-Brown has acquired 74,445 shares in software company Anite for his ISA. This more than trebled his shareholding to 110,000 shares. He will benefit from tax free dividends in his ISA, starting with the 0.3p a share interim on 19 February. Hurst-Brown made his sh
Read moreBroker snap: Experian well placed
9th Dec 2009 13:31
Swiss bank UBS has taken the findings of its survey of US financial services and applied them to credit rating agency Experian's prospects in what is a key sector for the company, and reckons the UK company is 'well placed'. UBS estimates financial services in the US accounts for more than 15% of g
Read moreLondon close: Footsie 100 points higher
23rd Nov 2009 16:37
Footsie closed more than 100 points higher on Monday thanks to a record price for gold, an early rally on Wall Street and strength across the financial sector. Gold has hit new highs, and that has led to sharp mark-ups in the price of gold miner Randgold and silver and gold miner Fresnillo. Elsewhe
Read moreLondon afternoon: Rally into three figures
23rd Nov 2009 14:49
A record price for gold, an early rally on Wall Street and strength across the financial sector has sent London to its best levels of the day. Gold has hit new highs, and that has led to sharp mark-ups in the price of gold miner Randgold and silver and gold miner Fresnillo. Elsewhere in the sector
Read moreLondon midday: Cadbury hits new high
23rd Nov 2009 12:06
London shares are racing ahead as the dollar's recent strength wanes, prompting renewed interest in mining shares. Gold has hit new highs, and that has led to sharp mark-ups in the price of gold miner Randgold and silver and gold miner Fresnillo. Elsewhere in the sector ENRC, Lonmin, Xstrata, Rio
Read moreLondon open: Miners propel Footsie higher
23rd Nov 2009 08:51
Miners are driving Footsie higher again, with all of the top ten gainers metals groups. Xstrata, Rio Tinto and Randgold are the top risers, but the gains are sector-wide and strong. There's also good news at Lloyds Banking Group where the bank has the part-nationalised lender enjoyed "strong dema
Read moreLondon pre-open: Lloyds in focus as Footsie targets 5,300
23rd Nov 2009 07:38
It looks like being a bright start to the week, with the leading index predicted to rise 50 points at the start of play and Wall Street showing early indications it will jump later today. There's also good news at Lloyds Banking Group where the bank has the part-nationalised lender enjoyed "strong
Read moreExperian to open credit bureau in India
23rd Nov 2009 07:14
Credit checking firm Experian has created a joint venture with seven of India’s leading financial institutions to operate a credit information company in India. The Reserve Bank of India (RBI) granted Experian a provisional licence to operate a credit information company back in April, and the comp
Read moreExperian directors sell after positive figures
19th Nov 2009 16:51
Don Robert, the chief executive of credit checking firm Experian, has raised more than £4m from a share sale the day after the company reported higher interim profits despite tough market conditions. US division boss Chris Callero made a £164,000 profit on 120,150 options he took up on 18 November
Read moreLondon close: Flat finish for FTSE 100
18th Nov 2009 16:33
There was no shortage of market moving news today, but with stocks moving in both directions, Footsie finished little changed. It was day for high profile board room appointments, with the share prices of Marks & Spencer and ITV both responding well to an end to uncertainty over leadership issues.
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