London open: Banks and miners lead advance
8th Jul 2010 08:17
London's top stocks got off to a flying start, up around 1% in early dealings, with banks and miners leading the way. Royal Bank of Scotland and Barclays have both added more than 4%, closely followed by Lloyds Banking, up just under 4%. Among the miners, Antofagasta, Xstrata and Kazakhmys are in d
Read moreMARKET TALK: Hays Return To Growth Is Good Sign - S Pierce
8th Jul 2010 08:12
0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, which is clearly a good sign, says Seymour Pierce. Notes on a like-for-like basis net fee income was up 8%, compared with the same period last year, driven by Asia Pacific. Nevert
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
8th Jul 2010 08:12
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, w
Read moreMARKET TALK: KBC Upgrades Hays To Hold
8th Jul 2010 07:47
0647 GMT [Dow Jones] KBC Peel Hunt upgrades Hays (HAS.LN) to hold from sell following the company's in-line 4Q update. Brokerage says the anticipated fall off in the UK public sector work is in KBC's numbers and also in the share price, with the shares off 20% in the last three months. "In the short
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jul 2010 07:47
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] 0647 GMT [Dow Jones] KBC Peel Hunt upgrades Hays (HAS.LN) to hold from sell following the company's in-line 4Q update. Broker
Read moreHays Returns To Growth On Strong International Divisions
8th Jul 2010 07:20
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K.'s largest recruiter Hays PLC (HAS.LN) Thursday said it has returned to year-on-year growth in net fees, driven by its international business, despite continued woes in the U.K. public sector. Chief Executive Alistair Cox
Read moreHays returns to growth
8th Jul 2010 07:11
Global recruitment firm Hays has returned to year on year growth for the first time in two years after making progress in most of its markets. In the quarter ended 30 June, Hays increased net fees by 14% (8% on a like-for-like basis) versus the same period last year, thanks to a strong market recov
Read moreThursday preview: Rate revolt unlikely
7th Jul 2010 17:24
Bank of England policy meetings have been pretty dull affairs since the end of quantitative easing, but a difference of opinion at the last get together could make Thursday's result one to watch. Hawkish MPC member Andrew Sentance voted in June for a rate hike to 0.75% and said publicly that the
Read moreWeek Ahead: Persimmon, Hays, BoE rate decision
2nd Jul 2010 11:45
Housebuilders and recruitment firms will be in the spotlight next week, with the likes of Persimmon, Bovis, Hays and Michael Page releasing trading updates. Panmure Gordon said it will be "interested to hear whether Persimmon will echo Taylor Wimpey's comments that sales have strengthened in recent
Read moreMARKET TALK: Budget Could Stall Mid/Small Cap Outperformance
16th Jun 2010 10:56
0956 GMT [Dow Jones] Next week's UK budget could mark the end of the outperformance of mid and small-cap stocks, due to their generally higher exposure to government contracts, says Deutsche Bank. Suggests the IT services sector, newspapers, defense stocks and housebuilders could continue to struggl
Read moreMARKET TALK: Panmure Gordon Raises Hays To Hold From Sell
10th Jun 2010 10:08
0908 GMT [Dow Jones] Panmure Gordon raises Hays (HAS.LN) to hold from sell, following the recent share price weakness and underperformance of late. Sees just 5% downside to its 92p target price, which remains unchanged, offset by an attractive yield of 6%. Still has some concerns and expects Hays to
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
10th Jun 2010 10:08
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0908 GMT [Dow Jones] Panmure Gordon raises Hays (HAS.LN) to hold from sell, following the recent share price weakness and
Read moreLondon close: Footsie climbs after updates
29th Apr 2010 16:49
Investors were busy digesting a stream of company updates today and, seeing more good news than bad, sent the FTSE 100 into the blue. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) was a top performer. Not only did it see subscriber numbers improve by a better than expected 6
Read moreLondon afternoon: BP left behind
29th Apr 2010 15:07
Footsie is trading close to its high for the day despite heavily weighted index constituent BP coming under the cosh after it said the oil leak in the Gulf of Mexico is much worse than initially thought. BP's chief operating officer Doug Suttles has admitted that the amount of oil leaking from the
Read moreLondon midday: London on a Sky high
29th Apr 2010 12:14
Traders are too busy digesting a full schedule of corporate announcements to worry about sovereign debt issues, as the Footsie makes another attempt at clawing back some of the heavy losses sustained on Monday. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is the top perform
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