London open: Stocks slump on Chinese manufacturing data
22nd Mar 2012 08:33
- Chinese data dampens sentiment - Randgold plummets on Malian troubles - Broker downgrades weigh on AMEC, REIT stocks The Footsie sank in early trading on Thursday with the miners providing a drag after the release of more disappointing economic data from China. Chinese factory activity register
Read moreWednesday tips round up: Gem Diamonds, Regus
21st Mar 2012 07:03
Gem Diamonds, the huge diamond miner, shot up like a rocket yesterday after announcing a 112 per cent rise in operating profit during 2011. Questor, in the Telegraph, has tipped Gem's rival Petra repeatedly but has been burnt by Gem in the past as the diamond price has been highly volatile. With p
Read moreFTSE 250 movers: Gem shines after shimmering results
20th Mar 2012 14:12
Diamond miner Gem Diamonds was a big riser after it produced a sparkling set of 2011 results, with underlying profits shooting up on the back of record carat production at its Let?eng mine in Lesotho. The mining team at Northland Capital Partners, said: "The operational issue encountered at Ellend
Read moreGem Diamonds sparkles
20th Mar 2012 07:34
Diamond miner Gem Diamonds produced a sparkling set of 2011 results, with underlying profits shooting up on the back of record carat production at its Let?eng mine in Lesotho. Revenue in 2011 soared to $395.6m from $266.4m, primarily as a result of the sale of rough diamonds recovered at the group'
Read moreFriday's tips round up: Misys, Gem and Standard Life
27th Jan 2012 07:20
In the Times's Tempus column, Martin Waller rehearses the arguments for and against the banking software company Misys. It keeps missing targets and has seen potential suitors walk away, bringing down the share price. On the other hand, orders are healthy, especially in fast growth Asia. Waller, ho
Read moreGem Diamonds bolsters Q4 diamond exports
26th Jan 2012 07:48
Africa-focused Gem Diamonds said it exported a total of 32,353 carats of diamonds from its Let?eng mine during the fourth quarter, up 32% from the same quarter in 2010. The average value of the exports for the period was US$2.543 per carat versus US$3.291 per carat in the same quarter in 2010. CE
Read moreFTSE 250 Movers: Retailers dive on consumer confidence
21st Dec 2011 14:42
Retailers were the heavy fallers after the GfK NOP UK consumer confidence index fell to its lowest level since February 2009. The index decreased to -33 points in December from -31 the month before. The market consensus had been expecting a small up-tick to -31. A downbeat report by Fitch hasn't d
Read moreThursday tips round-up: Shaftesbury, Cineworld, Christmas shares
1st Dec 2011 07:06
The Tempus column in The Times ponders which stocks would fit into a share portfolio consisting of stocks exposed to London and the South East only, and suggests that one would be Shaftesbury, the property company whose assets consist almost entirely of shops, restaurants and bars in the West End. I
Read moreFTSE 250 Movers: Miners rocket on central bank action
30th Nov 2011 15:44
Miners dominated the risers on the FTSE 250 on Wednesday after news that central banks are working together to ease strains in the financial markets sent stocks soaring. The mining sector swung into the blue, despite falling earlier on, after the People's Bank of China (PBOC) had lowered the legal
Read moreGem Diamonds to 'double' Lesotho diamond quality
30th Nov 2011 09:37
The board of Africa-focused Gem Diamonds has given the go-ahead for an expansion of its Let?eng mine in Lesotho. 'Project Kholo' will begin in January 2012, and will ramp up to full production by July 2014, the company said. It aims to increase the annual treatment capacity of the Let?eng mine to
Read moreGem Diamonds upbeat despite price drop
2nd Nov 2011 08:16
Africa-focused Gem Diamonds said it had performed well in the nine months to the end of September despite a drop in rough diamond prices from the peaks of July 2011. The miner said it remains confident in the medium to long term as it recovered 82,584 carats, 20% more than the year before. Gem Dia
Read moreSunday tips round-up: G4S, Gem Diamonds, Amec ...
21st Aug 2011 16:25
Security firm G4S has a good record of performing in tough times. In the last downturn, its top line growth never fell below 2%, and it has typically expanded at two percentage points above gross domestic product, notes James Ashton in the Sunday Times. Half-year results this week are expected to sh
Read moreLondon close: Autonomy movement helps limit losses
19th Aug 2011 16:38
Stocks finished in the red heading into the weekend but off their daily lows, having bounced back into the blue from heavy losses earlier on. Today's standout stock was Autonomy rocketed by over 75% in early trading after US computing giant Hewlett-Packard made a recommended offer for the Cambridge
Read moreLondon midday: Lloyds and RBS fall again as FTSE 100 slides
19th Aug 2011 12:03
The leading share index is stuck below the 5,000 point mark amid continuing worries over the global economic situation. Banks Lloyds and RBS are suffering hefty losses again as is IAG, the owner of British Airways. But shares in Autonomy rocketed by over 75% in early trading after US computing gi
Read moreLondon open: Autonomy bucks trend as Footsie tumbles
19th Aug 2011 08:27
The Footsie tumbled over 1% in the opening minutes on Friday, despite a surge by software giant Autonomy. However, Autonomy was just one of the four lone stocks making gains, as the blue chip index looks set to fall below the 5,000 mark. Shares in Autonomy rocketed by over 75% in early trading afte
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