London open: Lower ahead of Budget
22nd Jun 2010 08:46
Footsie has opened lower ahead of the coalition government's eagerly awaited emergency budget, which will be revealed around lunchtime. Chancellor George Osborne has been vocal about making Britain competitive by cutting corporation tax so that big businesses find it worthwhile to come to the coun
Read moreINTERVIEW: Halma Sees China Sales At 10% Of Revenue In 5 Yrs
22nd Jun 2010 08:30
By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Health and safety electronics manufacturer Halma PLC (HLMA.LN) Tuesday said it expects sales in China to account for about 10% of its annual revenue within five years. Halma, which makes sensors, fire alarms and components for m
Read moreUPDATE: Halma Seeks Buys As Fiscal Year Profit Rises 12%
22nd Jun 2010 07:51
(Adds detail.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Health and safety electronics company Halma PLC (HLMA.LN) Tuesday said it has returned to the acquisition trail after sales growth in Asia and savings from layoffs drove a 12% rise in fiscal-year profit. Halma
Read moreLondon pre-open: Budget looms
22nd Jun 2010 07:37
London's top stock look set to open around 40 points lower ahead of the coalition government's eagerly awaited emergency budget which will be revealed around lunchtime. Chancellor George Osborne has been talking tough since taking office, but now he will have to play his hand and analysts will spe
Read moreHalma Seeks Acquisitions As Fiscal Year Profit Rises 12%
22nd Jun 2010 07:21
LONDON (Dow Jones)--Health and safety electronics company Halma PLC (HLMA.LN) Tuesday reported a 12% rise in fiscal-year profit, aided by layoffs and other cost savings, and said it is hunting for acquisitions. Halma, which makes products including smoke detectors, safety sensors for lift doors
Read moreHalma maintains record run
22nd Jun 2010 07:02
Electronic sensors firm Halma has produced record results for the seventh year in a row and topped analyst forecasts with an increase in adjusted profit of 9%. Profit before tax from continuing operations jumped to £86.2m in the 12 months ended 3 April, up from £79.1m in 2009, trumping expectations
Read moreTuesday preview: Budget, Carnival, Whitbread
21st Jun 2010 15:40
The main focus on Tuesday will be the first Budget from chancellor of the exchequer George Osborne in which he will have to perform the difficult balancing act of showing the UK means business about reducing its debt while not threatening the fragile economic recovery. In the election campaign the
Read moreLondon afternoon: Stocks slide as Brown sides with Obama
22nd Jan 2010 14:43
Barely more than a dozen FTSE 100 constituents are showing rises as the market looks set to slide for the third day in succession, after dipping sharply following comments from Prime Minister Gordon Brown's spokesman that appeared to lend support to President Obama's hard line stance against excessi
Read moreLondon midday: Banks and shops drag Footsie lower
22nd Jan 2010 12:15
Footsie has turned down sharply with retailers joining banks in the doldrums after some subdued sales data from December. Retail sales volumes rose by much less than expected in December, as price rises kept the UK consumer away from the shops over the Christmas period. Sales were up by 0.3% from
Read moreLondon open: Banks in early drop
22nd Jan 2010 08:11
Banking shares are dragging London's top stocks lower in early dealings on Friday, after President Obama revealed tough new measures to curb risk-taking among the big Wall Street banks. Obama proposed rules to limit bank mergers and consolidation, while also restricting involvement in hedge funds,
Read moreLondon pre-open: Weak start expected
22nd Jan 2010 07:38
Yesterday's late swoon in London looks set to continue Friday morning, with City traders predicting the FTSE 100 will open around 22 points lower at around 5,313. Resource stocks, at least, had some early good news for investors, with miner Xstrata and oil company Tullow giving updates on their act
Read moreHalma in bolt-on acquisition
22nd Jan 2010 07:02
Acquisitive electronic sensors company Halma has beefed up its presence in the photonics market through the purchase of a US manufacturer of precision products for use in light metrology applications. The company is paying $2.5m (£1.5m) for SphereOptics, a company based in New Hampshire, that had r
Read moreFairpoint chairman raises interest
23rd Dec 2009 15:49
Fairpoint non-executive chairman Matthew Peacock has added to his interest in the debt management business formerly known as Debt Free Direct. Peacock is a partner in Hanover Investors Management and Hanover Investors Management (Cayman) has acquired 181,720 shares at 55p a share. This takes the t
Read moreAnite non-exec buys for ISA
9th Dec 2009 15:45
Non-executive director David Hurst-Brown has acquired 74,445 shares in software company Anite for his ISA. This more than trebled his shareholding to 110,000 shares. He will benefit from tax free dividends in his ISA, starting with the 0.3p a share interim on 19 February. Hurst-Brown made his sh
Read moreFriday tips round-up: Go-Ahead, Halma, Marston's
4th Dec 2009 06:40
Bus and train group Go-Ahead is retaining some legacy contracts at Heathrow that are scheduled to run until 2011, and it is holding on to the Meteor car parking business, but the focus is firmly on public transport. Cue the acquisition of Plymouth CityBus, which has a fleet of more than 170 buses
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