Week Ahead: Supermarkets, recruiters, BoE rate decision
1st Oct 2010 11:36
Retailers and recruiters are to the fore next week, with Tesco, Sainsbury and Marks & Spencer (M&S) from the former constituency, and Robert Waters, Hays and Michael Page from the latter all set to update the market. Britain's largest retail group, Tesco, releases interim figures on Tuesday. The gr
Read moreLondon close: Footsie little changed
2nd Sep 2010 16:31
Leading shares struggled for direction all day and closed little changed as most blue chips traded sideways. Wall Street was similarly becalmed with the Dow Jones up just one point in the first few hours. European bourses did better as the ECB upped its forecast for eurozone growth for this year an
Read moreLondon afternoon: Bid talk spices up dull day
2nd Sep 2010 14:28
Leading shares are still lacking direction, a condition matched in the US where shares are expected to open mixed. High-flying computer chip designer ARM Holdings is flying a little lower today after Panmure Gordon reiterated its "sell" recommendation and cut its price target for the stock to 265p
Read moreBroker tips: Hays, Go-Ahead, H&T
2nd Sep 2010 12:50
Recruitment firm Hays delivered full year results that were ahead of expectations but the outlook for the UK continues to look bleak in KBC Peel Hunt's view, though the broker notes this is largely reflected in the price. "Current performance echoes what the peer group has been saying, with markets
Read moreLondon midday: Profit-takers weaken ARM
2nd Sep 2010 12:07
London completed an indecisive morning with the blue-chip index marginally in the red. Investors have shown little inclination to chase prices higher after yesterday's strong advance and economic data has not been helpful to sentiment. UK construction sector growth slowed for the third month in a
Read moreBroker snap: Hays worth holding for the yield
2nd Sep 2010 11:44
Recruitment firm Hays delivered full year results that were ahead of expectations but the outlook for the UK continues to look bleak in KBC Peel Hunt's view, though the broker notes this is largely reflected in the price. "Current performance echoes what the peer group has been saying, with markets
Read moreLondon open: Shaky start for top share index
2nd Sep 2010 08:41
Shares are slightly lower in early dealings as traders pause for breath following yesterday's strong gains. In company news, AstraZeneca has received approval from the European Commission (EC) for its schizophrenia and bipolar drug Seroquel XR as an add-on treatment for major depressive episodes wh
Read moreLondon pre-open: Dull start for London
2nd Sep 2010 07:38
Despite the strong showing overnight by Wall Street and Asian markets London appears set for a subdued start, with City sources predicting the FTSE 100 will open down by around 16 points from yesterday's close. Global recruitment firm Hays saw a return to growth in the second half of its financial
Read moreHays beats forecast after strong finish to year
2nd Sep 2010 07:03
Global recruitment firm Hays saw a return to growth in the second half of its financial year, which softened the blow of a 53% slide in pre-tax profits. Profit before tax and exceptional items in the year to 30 June tumbled to £71.1m from £151m the year before, beating market expectations. Broker C
Read moreThursday preview: DSG, Hays, McBride
1st Sep 2010 16:55
After a relatively quiet Wednesday, activity picks up again on Thursday with the likes of Go-Ahead Group, Hays, McBride and DSG International all set to give trading updates. DSG International, soon to implement a welcome reversion back to its former name of Dixons, issues a trading update covering
Read moreMARKET TALK: Societe Generale Starts Michael Page, Hays
16th Jul 2010 08:21
0721 GMT [Dow Jones] Societe Generale initiates Michael Page (MPI.LN) at hold with 387p target and Hays (HAS.LN) at sell with 81p target. Says while recruiters of both temporary and permanent staff are reporting a strong upturn in business trends, there is a risk the uncertain macro backdrop may hol
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
16th Jul 2010 08:21
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] 0721 GMT [Dow Jones] Societe Generale initiates Michael Page (MPI.LN) at hold with 387p target and Hays (HAS.LN) at sell with
Read moreHays names Bodycote man as new chairman
15th Jul 2010 09:30
Alan Thomson, chairman of thermal processing company Bodycote, is to succeed Bob Lawson as chairman of recruitment firm Hays. Thomson will join the Hays board as a non-executive director on 1 October and take over from Lawson as chairman on 10 November after the company's annual general meeting.
Read moreHays PLC: Alan Thomson To Become Chairman Effective Nov. 10
15th Jul 2010 08:06
LONDON (Dow Jones)--Hays Plc (HAS.LN), a global specialist recruitment Group, announced Thursday that Alan Thomson will be joining the Board as a non-executive director on October 1, and will become Chairman following the Annual General Meeting on Nov. 10, when Bob Lawson, the present Chairman, will
Read moreUPDATE: Michael Page Beats Forecasts As Confidence Improves
9th Jul 2010 09:54
(Adds detail, comment.) By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s second largest recruiter Michael Page International PLC (MPI.LN) Friday beat expectations with continued strong earnings in the second quarter, as improved business confidence led to more activ
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