Chairman-elect buys Collins Stewart shares
22nd Mar 2010 16:39
Chairman-elect Tim Ingram has acquired 250,000 shares in broker Collins Stewart. Ingram has been a non-exec on the broker's board for 10 weeks and the share purchase at 77.69p a share represents an investment of £194,225. The purchase takes his stake to 285,000 shares. Ingram takes over as chair
Read moreLondon close: Footsie slips back
20th Oct 2009 16:50
There was no shortage of company news to give Footsie direction but it was the release of housing data in the US that ultimately dragged the leading share index into the red. Housing starts increased to a seasonally-adjusted annual rate of 590,000 last month, up 0.5% above a revised 587,000 in Oct
Read moreLondon afternoon: Footsie pulled both ways
20th Oct 2009 14:19
Footsie is struggling to find any sense of direction despite some big movements in individual companies' share prices. Fast growing software company Autonomy is finding the market hard to please. Despite another spell of strong organic growth in the third quarter, the shares are the worst performer
Read moreLondon midday: Banks drag Footsie down
20th Oct 2009 12:04
Footsie made a valiant effort to finish the morning in the blue but came up just short, thanks largely to the weakness of financial stocks. Barclays is sharply lower, after Qatar's sovereign wealth fund said it was selling half of the warrants it holds in the bank. Qatar Holding is selling 379.22
Read moreFTSE 250 movers: Partygaming slumps as founder sells
20th Oct 2009 10:39
Investors are betting against PartyGaming after the founder of the online gambling group started selling some of his stake. He will sell up to 75m shares in the firm, reports say. Investors have no appetite for shares in Greggs even after the bakery chain served up a 2.5% rise in third quarter sale
Read moreHargreaves Lansdown buoyed by global share rally
20th Oct 2009 07:37
Assets managed by private client stockbroker and fund manager Hargreaves Lansdown jumped by more than 20% in the past three months as rising stock markets 'galvanized investors into action'. Total assets under management jumped by 22% to £14.5bn at end September, compared to £11.9bn at end June and
Read moreThursday's tips round-up: Diageo, Hargreaves Landsdown, DSG
3rd Sep 2009 06:29
Diageo shares remain a buy, although they may mark time for a while after recent strong gains. The Telegraph's Questor is expecting a pull-back in the FTSE 100 over the next month or so - and Diageo will not be immune to these market moves. However, long-term prospects are good and investors should
Read moreLondon open: Dull start after Dow sell off
2nd Sep 2009 08:46
The gloomy start to September has continued with talk of another big bank fund raising encouraging sellers. Lloyds is the worst performer after the Guardian reported it has won backing from its investors to raise £10bn to allow it make a partial withdrawal from the government's asset protection sch
Read moreLondon pre-open: More losses predicted
2nd Sep 2009 07:47
The gloomy start to September is set to continue, with Footsie continuing to head lower after yesterday's slide. Like for like sales fell 6% at consumer electronics retailer DSG International during the 16 weeks to 22 August, although a slightly smaller than feared drop in revenue was 'encouraging'
Read moreHargreaves Lansdown caps year with special
2nd Sep 2009 07:11
Stockbroker and fund manager Hargreaves Lansdown is to pay a special dividend raising its total payout by 29% as it defied volatile markets to increase revenues, profits and assets under management last year. Profit before tax for the year to June increased by 20% to £73.1m from £60.9m. Sales incre
Read moreWednesday preview: DSG International, Hargreaves Lansdown
1st Sep 2009 15:09
Consumer electronics retailer DSG International holds its AGM on Wednesday and analysts are hoping the company will outline plans on how it intends to see off the invasion by US rival Best Buy, which is expanding into the UK in partnership with mobile phone retailer Carphone Warehouse. Indications
Read moreWeek ahead: McBride, Hays, Hargreaves Lansdown
28th Aug 2009 12:21
Only four days of trading next week due to the bank holiday on Monday. McBride, the own private label household and personal care products supplier, will unveil its final results on Thursday, expecting to show underlying profits of no less than £35m after better than expected fourth quarter revenu
Read moreLondon close: Late gains lift Footsie
29th Jun 2009 16:50
After a rather sluggish start to the day, Footsie ended with chunky gains, helped by buoyancy on Wall Street. Lloyds Banking topped the list of risers after Goldman Sachs raised its rating on the shares from "neutral" to "buy" and added them to its "conviction buy" list. Goldman Sachs has also lif
Read moreLondon afternoon: Financials spearhead the advance
29th Jun 2009 14:21
Banks and insurers lead the way as London continues its steady advance. Lloyds Banking tops the list of risers after Goldman Sachs raised its rating on the shares from "neutral" to "buy" and added them to its "Conviction Buy" list. Goldman Sachs has also lifted its target price from 61p to 107p, af
Read moreLondon midday: Lloyds leads banks higher
29th Jun 2009 11:51
Risers outnumber fallers by around three to one among Footsie constituents, as the index pushes ahead despite weakness among miners. Lloyds Banking tops the list of risers after Goldman Sachs raised its rating on the shares from "neutral" to "buy" and added them to its "Conviction Buy" list. Goldm
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