London close: Winning streak ends
7th Sep 2010 16:48
London's leading share index gave up a winning streak that lasted all last week and continued yesterday. The day started sluggishly and continued in that vein after a lower start on Wall Street. Takeover talk provided much of the excitement, with bid speculation about engineering group Invensys an
Read moreLondon afternoon: Bid rumours relieve the gloom
7th Sep 2010 14:02
It's a case of 'another day, another bid rumour' for London, with bid speculation about engineering group Invensys and oil explorer Tullow Oil providing a bit of cheer to a subdued market. The rumour-mongers are suggesting that the UK engineering conglomerate could be the subject of a 350p per sh
Read moreLondon midday: Winning streak in danger
7th Sep 2010 12:02
Footsie ended the morning making its second attempt of the day at a rally but the blue-chip index remains in negative territory and in danger of seeing its winning streak in September come to an end. Expectations of a lower start on Wall Street as the US returns to work after the Labour Day holiday
Read moreLondon open: Rising streak under threat
7th Sep 2010 09:00
London's seven-day run of gains is under threat as blue chips are struggling in the early exchanges. Barclays is lower after it confirmed Bob Diamond, head of its investment banking arm, Barclays Capital, will take over as chief executive when John Varley steps down at the end of March next year. D
Read moreGem Diamonds finds another giant
7th Sep 2010 07:29
Gem Diamonds has pulled another huge rough diamond from its Let?eng mine in Lesotho. The 196 carat rough white diamond was recovered on 24 August 2010. It is expected to achieve a substantial price per carat as preliminary examinations indicate it could produce top colour and top clarity polished
Read moreThursday tips round-up: GSK, Hochschild Mining, De La Rue
22nd Jul 2010 06:14
Announcing yesterday's second-quarter numbers, GlaxoSmithKline said it might start a shares buyback programme, which could help the share price. GSK has ruled itself out of any bidding war for the Durex maker SSL, which yesterday recommended a bid from Reckitt Benckiser. The stars are starting to al
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
20th Jul 2010 10:44
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0944 GMT [Dow Jones] Panmure Gordon lowers Gem Diamonds (GEMD.LN) target price to 220p from 288p following "disappointing" 1H
Read moreUPDATE: Petra Diamonds Rare Gem Sales Boost Revenue 88%
20th Jul 2010 09:25
(Adds executive comment and detail.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Diamond producer Petra Diamonds Ltd. (PDL.LN) Tuesday said the sale of an enormous 507-carat diamond to a Hong Kong jeweler for $35.3 million helped drive an 88% increase in fiscal-year reven
Read moreLondon close: Sluggish Footsie closes lower
19th Jul 2010 16:52
Footsie finished in the red Monday as M&A excitement failed to give the leading share index any real sense of direction. International Power was the best FTSE 100 performer after French energy giant GDF Suez revived talks about a partnership to create a new London-listed electricity group. The deal
Read moreUK SMALLCAP ROUNDUP: 3D Diagnostic Imaging Plans AIM Move
19th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps 3D DIAGNOSTIC IMAGING PLC (3D.P.PM) is planning a move to London's junior Alternative Investment Market later this year, Chief Executive Graham Lay told
Read moreUK SMALLCAP ROUNDUP: Access Intelligence Eyes Acquisitions
19th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ACCESS INTELLIGENCE PLC (ACC.LN), a software and computer services firm, Monday said it is looking at "two or three" potential acquisition opportunities
Read moreLondon midday: Footsie swings into blue
19th Jul 2010 12:16
London's top stocks have swung into the blue on two possible mega M&A deals, while fears over European sovereign debt have eased a little despite a downgrade for Ireland. International Power is the best FTSE 100 performer after French energy giant GDF Suez revived talks about a partnership to crea
Read moreUK SMALLCAP ROUNDUP: Regulator Rejects Uniq's Pension Plans
19th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps UNIQ PLC (UNIQ.LN), a convenience food maker, Monday said the U.K. Pensions Regulator has turned down its proposals to tackle its retirement fund's finan
Read moreMarket open: Deals can't lift Footsie
19th Jul 2010 08:47
Friday's steady sell-off on Wall Street has meant a subdued start in London despite the possibility of two mega deals. International Power and French energy giant GDF Suez have revived talks about entering a partnership to create a new London listed electricity group. The British power station de
Read moreGem Diamonds Says May Miss Full-Year Production Targets
19th Jul 2010 07:55
LONDON (Dow Jones)--Diamond producer Gem Diamonds Ltd. (GEMD.LN) Monday said full-year production may be behind target after strikes, rain and other problems hampered first-half production at its Letseng mine in Lesotho and Ellendale in Australia. The company said it expects to achieve its produ
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