FTSE 250 movers: Carillion falls after fine
22nd Sep 2009 11:21
Engineering and construction contractor Carillion is among the heaviest fallers in the mid-cap index after it was fined £5.3m by the Office for Fair Trading (OFT) after a four-year investigation into collusion and price-fixing in the building industry. Carillion pointed out that the fine relates to
Read moreSector movers: Miners fall as markets plunge
17th Aug 2009 12:38
Mining stocks are in the firing line as markets plummet around the world and commodity prices slide. Among the heaviest fallers in the large-cap index are Xstrata, Anglo American and Rio Tinto. Copper prices fell back after stockpiles monitored by the London Metal Exchange rose again. Precious me
Read moreFTSE 250 movers: Tomkins shrugs off divi cut
13th Aug 2009 14:13
Engineer Tomkins has cut its dividend after it swung to a half year loss, but the firm says the rate of deterioration has slowed and its shares are higher. Conversely, shares in Interserve fall back after the services, maintenance and building group was named preferred bidder for a £60m Thames Wate
Read moreLondon close: Stocks pushed lower
5th Aug 2009 17:00
London's top stocks finished in the red as a poor start in the US and ex-dividends eventually ate into the early gains. US shares made a dull start on worse than expected job losses in July according to the private firm ADP. It said 371,000 people were laid-off compared to estimates of 350,000. L
Read moreLondon afternoon: Blue chips hang onto gains
5th Aug 2009 14:27
Footsie is holding its own in the afternoon session with Lloyds soaring despite a massive interim loss. US shares have made a dull start on worse than expected job losses in July according to the private firm ADP. It said 371,000 people were laid-off compared to estimates of 350,000. The survey is
Read moreLondon midday: Lloyds pulls Footsie higher
5th Aug 2009 11:24
Footsie is in the blue now as financials push ahead again on the back of Lloyds Banking, which is motoring forward. Lloyds Banking shares are up over 13% as investors bet that the worst of the bad debts that caused an underlying loss of £4bn in the half year to June are passed. Impairment charges
Read moreSector movers: Ferrexpo optimism cheers industrial metals
5th Aug 2009 10:18
The industrial metals sector is higher after Ukrainian iron ore pellet producer Ferrexpo saw profits slide 82% in the half of the year as commodity prices tumbled, but said it was seeing signs of normalisation in the market with spot prices for iron ore increasing. It posted a pre-tax profit of £28
Read moreFTSE 250 movers: Carpetright jumps as UK sales grow
5th Aug 2009 10:15
Carpet retailer Carpetright is the top riser in the FTSE 250 after it posted a rise in like-for-like sales in UK and Ireland in the 13 weeks to August 1. Ferrexpo saw profits slide 82% in the half of the year as commodity prices tumbled but the Ukrainian iron ore producer said it was seeing signs o
Read moreLondon open: Lloyds gives market a boost
5th Aug 2009 08:39
Footsie has shrugged off a host of ex-dividends to move gently ahead with Lloyds and British Airways leading the way. Lloyds Banking posted an underlying loss of £4bn in the half year to June as impairment charges jumped by nearly £11bn to £13.4bn reflecting huge write-downs of HBOS's commercial pr
Read moreLondon pre-open: Lower start expected
5th Aug 2009 07:48
Footsie is expected to add to yesterday's losses as the stream of results from banks and insurers continues. Lloyds Banking posted an underlying loss of £4bn in the half year to June as impairment charges jumped by nearly £11bn to £13.4bn reflecting huge write-downs of HBOS's commercial property lo
Read moreFerrexpo profits slump
5th Aug 2009 07:18
Ferrexpo saw profits slide 82% in the half of the year as commodity prices tumbled but the Ukrainian iron ore pellet producer said it was seeing signs of normalisation in the market with spot prices for iron ore increasing. It posted a pre-tax profit of £28.7m, compared with £157.7m over the same p
Read moreLondon close: Stocks pull out of tailspin
14th Jul 2009 17:09
Indecision on Wall Street prompted a spell of profit taking in the UK in the middle of the afternoon session which threatened to wipe out the morning's gains, but London's blue-chips rallied at the death to keep the Footsie in the blue. Mining stocks were the best performers with silver miner Fresn
Read moreLondon afternoon: Footsie climbs despite weak retailers
14th Jul 2009 14:10
London's leading shares continue to edge higher, with sentiment given a boost in the afternoon by expectations of a moderately firm start on Wall Street and a strong set of second quarter results from US bank Goldman Sachs, which announced record revenues. Mobile phone giant Vodafone, the third lar
Read moreLondon midday: Early gains are consolidated
14th Jul 2009 12:11
The Footsie is trading sideways, holding on to gains after a bright start. Inflation data was much as expected, with the inflation rate falling below the Bank of England's 2% target for the first time since September 2007 last month. The Office for National Statistics (ONS) revealed a drop in consu
Read moreLondon open: Early gains for Footsie
14th Jul 2009 08:41
London's blue chips have made early gains after the hundred-point plus surge on Wall St overnight. Miners are leading the way with Fresnillo, Lonmin, Xstrata and Rio Tinto all going well. Defensive stalwarts are the weak spots with Diageo, Imperial Tobacco and Reckitt Benckiser all lower. Enginee
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