London open: Footsie starts lower
12th May 2010 08:42
London's top stocks opened slightly lower as David Cameron started his first full day as Britain's new prime minister. Cameron, the country's youngest prime minister for almost 200 years, will head a coalition government of the Conservatives and Liberal Democrats after a day of more dramatic twists
Read moreGenus trading in line
12th May 2010 07:50
Animal breeding firm Genus has traded in line with expectations in the first four months of the year and said it remains very positive about it's long-term growth prospects. In North America, the porcine business traded well and is now experiencing increased demand from customers. Weakness in US
Read moreFriday tips round-up: Rank, Segro, Hays
26th Feb 2010 06:42
Bingo club owner Rank's chief executive, Ian Burke, put his money where his mouth is by buying £100,000 worth of shares yesterday, demonstrating his confidence in the business. His decision could have been influenced by Rank's shares trading on a relatively modest 2010 estimated price to earnings r
Read moreLondon close: Overseas concerns sink Footsie
25th Feb 2010 16:28
Blue chips closed sharply lower as fears about Greece resurfaced and US dole claimant figures were worse than expected. On a busy day for big company results RBS hogged the headlines. The part-nationalised bank saw its net attributable loss narrow markedly in 2009 with fourth quarter impairments 5%
Read moreLondon afternoon: Footsie heads south
25th Feb 2010 14:23
The Footsie sank below last night's closing level over the lunch time session, weighed down by weak miners. On a busy day for big company results RBS continues to hog the headlines. Though off the top, the share price is still sharply higher after the part-nationalised bank saw its net attributable
Read moreGenus sees better H2
25th Feb 2010 09:16
Animal breeding firm Genus revealed an 8% drop in half year profit after a lower contribution from its 49% owned Brazilian joint venture and difficult agricultural markets. Profit before tax fell to £15.5m for the six months ended 31 December from £16.9m the year before. Revenue fell 4% to £134.9m.
Read moreTuesday tips round-up: Lonmin, Cranswick, Amlin
17th Nov 2009 06:39
Away from the Xstrata situation, there is little reason to get excited about Lonmin. The group suffered as platinum prices fell last year, and even as demand for the metal has improved, the strength of the rand in South Africa, where Lonmin has its operations, has not helped. The platinum miner sa
Read moreTechMARK movers: Sinclair deal terminated
13th Nov 2009 14:32
Shares in Sinclair Pharma continue to fall following yesterday's announcement that the pharma company was ending its distribution agreement for Decapinol mouth rinse with Orapharma Inc. Orapharma, a subsidiary of Johnson & Johnson, held US rights to the product for the dental professionals market.
Read moreFTSE 250 movers: Revenue fall hits Tullett Prebon
13th Nov 2009 11:11
Shares in interdealer broker Tullett Prebon fall sharply after it said revenue fell 9% to £302m during the past four months. Business has continued to be "robust" since the end of June though, the firm said. Trinity Mirror falls back after good gains yesterday when it said advertising declines were
Read moreTechMARK movers: Weak US market hits Genus
12th Nov 2009 15:05
Animal breeding technology developer Genus warns that weak agricultural markets have hit profits. The US market continues to deteriorate while research and development costs have risen. Genus stated at its AGM that trading has been solid and adjusted operating profits were in line with the same pe
Read moreWednesday tips round-up: Debenhams, Hargreaves Services, Ashmore
16th Sep 2009 06:43
Debenhams is in a far better position than it was at the start of the year. The demises of Woolworths and Adams have given the company the opportunity to build on its historically low market share in children's wear. It is also growing in sportswear, another target area. However after the strong f
Read moreFTSE 250 movers: Genus still charging
14th Sep 2009 13:59
Animal breeding technology firm Genus continues its bull run after posting higher full-year profits on Thursday. Aquarius Platinum is lower after prices for the precious metal fell. Pub groups Punch Taverns and Enterprise Inns are also looking a bit flat. FTSE 250 - Risers IMI (IMI) 475.00p +4.
Read moreFriday tips round-up: Royal Bank of Scotland, BG, Galliford Try
11th Sep 2009 06:48
Royal Bank of Scotland is in a mess and its chief executive, Stephen Hester, has made no bones about that fact. The shares have recovered strongly recently. Although the economic outlook appears better than it was and RBS should benefit, be wary of backing the lender at these levels until there is
Read moreLondon close: Modest gains as US struggles
9th Jul 2009 16:33
Equities held onto gains despite a lacklustre final session as Wall St struggled to make headway. Mining stocks continue to dominate the list of risers. Silver miner Fresnillo is the best performer after being upgraded to "buy" by Citigroup. In contrast the US bank had downgraded gold miner Rand
Read moreLondon afternoon: Rally gathers pace
9th Jul 2009 14:46
Equities pushed higher over the lunch-time session, boosted by expectations of a firm start on Wall Street. Mining stocks continue to dominate the list of risers. Silver miner Fresnillo is the best performer after being upgraded to "buy" by Citigroup. In contrast the US bank had downgraded gold min
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