London close: Footsie slides with Wall Street
1st Oct 2009 16:28
Footsie closed sharply lower after the US reacted badly to worse than expected dole claims. The Dow is now down more than 100 points with investors nervous ahead of the big monthly non-farm payrolls figure tomorrow. BAE struggled after the Serious Fraud Office asked the Attorney General if it can p
Read moreLondon afternoon: Blue chips drifting along
1st Oct 2009 14:05
Footsie has recovered a little ahead of the US open, but the index is still in the red with weapons group BAE Systems especially under the cosh. Early indications are for the Dow to drop between 15-18 points, with intital jobless claims a bit higher than expected. The big jobs figure comes tomorro
Read moreFTSE 250 movers: Wiseman the cream of the crop
1st Oct 2009 12:18
Scottish dairy group Robert Wiseman is the best performer after sales and turnover beat forecasts. Overall milk sales volumes are up over 10% on last year, thanks to an increase in supplies to the Co-operative Group in June following the collapse of Dairy Farmers of Britain.The company's share of
Read moreLondon midday: Footsie slips after record quarter
1st Oct 2009 12:08
Footsie has paused for breath after its record-breaking quarter with weapons group BAE Systems especially under the cosh. The Serious Fraud Office has asked the Attorney General if it can prosecute the defence contractor over alleged bribery in a number of countries. The SFO is deciding if it shou
Read moreLondon open: Healthy start to Q4
1st Oct 2009 08:40
London set off higher Thursday as buyers snapped up miners and Legal & General (L&G) continued to attract speculative interest. Persistent talk that Resolution is circling L&G had the insurer higher again in early deals, while yesterday's upgrade by Deutsche Bank helped. The broker also thinks Av
Read moreGrainger refinances
1st Oct 2009 08:25
Investors rushed to buy shares in Grainger Thursday morning as the residential property group boosted its liquidity position after agreeing new banking facilities. The company has signed two new forward start credit facilities totalling £615m, comprising a £250m committed term loan which will becom
Read moreGrainger sales pick up as market improves
12th Aug 2009 07:41
Residential property Grainger sold £169m worth of total property in the ten months to 31 July with contracts exchanged on further sales totalling £28m and other disposals with a value of £39m in solicitors' hands. Grainger says there has been an improvement in market conditions in recent months and
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