London 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.
Read moreLondon afternoon: Hershey & Ferrero size up Cadbury
18th Nov 2009 14:05
It has been a 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. Retailer Marks & Spencer (M&S) has poached Marc Bolland, chief executive of supermarket chain Morrisons, to be its new b
Read moreLondon midday: Market cheers M&S appointment
18th Nov 2009 12:02
Retailer Marks & Spencer (M&S) moved to the top of the news agenda this morning after it announced it has poached Marc Bolland, chief executive of supermarket chain Morrisons, to be its new boss. While Marks & Spencer's shares responded positively to the appointment, shares in Morrisons fell back o
Read moreLatin America lifts Experian
18th Nov 2009 07:41
Credit checking firm Experian boosted profits at its half-year point despite tough market conditions. Reported profit before tax in the six months to 30 September rose to $351m from $318m a year earlier. Benchmark pre-tax profit, which excludes exceptional items, rose 5% to $437m. Broker Charles S
Read moreWednesday preview: Land Securities, Experian, Mothercare
17th Nov 2009 15:13
Following hot on the heels of results from British Land on Tuesday, fellow real estate giant Land Securities issues interim figures on Wednesday. Like British Land it has been disposing of assets, selling its stake in the Bullring shopping centre in Birmingham. The firm is still repaying debt but s
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