London midday: Mining stocks in the driving seat
9th Jul 2009 12:17
Mining stocks are behind the wheel once again and today they are driving the market higher. Silver miner Fresnillo is the best performer after being upgraded to "buy" by Citigroup. In contrast the US bank had downgraded gold miner Randgold Resources to "hold" from "buy". Elsewhere in the sector An
Read moreLondon open: Miners provide early boost
9th Jul 2009 08:33
Miners are giving London's blue chips a lift in early dealings ahead of the Bank of England's decision on interest rates and the quantitative easing programme later today. Fresnillo is the best performer, up more than 5%, closely followed by Kazakhmys, Anglo American, Vedanta Resources, Antofagasta
Read moreGenus on track, weak US dairy market
9th Jul 2009 07:39
Genus said it saw further weakness in the North American dairy market in the final quarter caused by low milk prices but still expects a strong increase in profits for the year to 30 June. The animal genetics company said trading during the final quarter has been broadly inline with expectations de
Read moreBroker tips: Wm. Morrison, Debenhams, Genus
4th Jun 2009 13:16
Supermarket chain Wm. Morrison's first quarter trading update was ahead of market expectations, prompting Charles Stanley to upgrade its rating on the stock. The broker now advises clients to accumulate the shares, having previously rated the shares as a 'hold'. Charles Stanley has bumped up its e
Read moreBroker snap: Genus bull joins the bears
4th Jun 2009 12:46
The share price of animal genetics group Genus is wilting after Evolution Securities downgraded the stock. The broker has shifted its stance from 'buy' to 'reduce' as it believes Genus will struggle to meet market forecasts in the year to end-June 2010. 'Three key features will influence Genus's s
Read moreGenus non-exec bulks up stake
20th May 2009 16:59
Professor Barry Furr, a non-executive director at the animal breeding technology group Genus, has spent £30,000 more than doubling his stake in the animal breeding company, the firm confirmed today. He bought 5,000 shares at 600p a time and now has 8,000. Furr, a former chief scientist for the dru
Read more