Capital and Counties bosses lay foundations
14th May 2010 16:29
Bosses at Capital and Counties Properties have been opening their accounts in the real estate firm following its demerger from the property giant Liberty International. Chairman Ian Durant bought 122,347 shares at 1,21.7p a share, paying a total of £148,884, while chief executive Ian Hawksworth, to
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
Read moreHammerson sees rise in occupancy rates
29th Apr 2010 08:13
Property group Hammerson saw an increase in demand for office space in the first quarter but occupancy rates at its retail assets in the UK and France were marginally lower. Overall occupancy across the portfolio improved to 95.3% at the end of March from 95.2% at the end of 2009. "Our recently co
Read moreLondon close: Footsie retreats from 21-month high
7th Apr 2010 17:18
An attempted rally by blue-chip stocks petered out in the final hour of trading and the Footsie finished close to its low for the day. Miners were a drag on the index throughout the day though gold miner Randgold Resources was a bright spot. Hedge fund giant Man was the best performer. Last night
Read moreLondon afternoon: Footsie in drift mode
7th Apr 2010 14:46
Footsie is becalmed after a weak start in the US and mixed news on the UK economy. Hedge fund giant Man remains the best performer. Last night the company disclosed that the net asset value of the AHL fund had risen 3.81% last week, prompting brokers Execution Nobel to rush out a 'buy' note, while
Read moreLondon open: Blue chips drift lower
7th Apr 2010 08:51
Blue chips have opened lower following an indecisive performance in the US last night as concerns over the financial health of Greece resurfaced. Hedge fund giant Man is one of the few strong risers alongside property giants Land Securities and Hammerson. Mobile phone giant Vodafone is to launch a
Read moreHome Retail boss opens Hammerson account
1st Apr 2010 11:20
Terry Duddy, chief executive of Argos and Homebase owner Home Retail Group, has opened his account at Hammerson having joined the board of the shopping centre operator in December. He took 20,000 shares at 394p a time in his first purchase of shares in the company, paying a total of £78,800. In a
Read moreLondon close: Footsie eases back
26th Mar 2010 16:50
Footsie drifted lower going into the weekend, but remained near the 21-month highs it hit earlier in the week. With corporate news thin on the ground, broker commentary drove much of the action. Unilever is downgraded to neutral from 'overweight' by HSBC on sales volumes concerns. Hi-tech weapon
Read moreLondon afternoon: Sleepwalking lower
26th Mar 2010 14:05
It's been a good week for the Footsie but it looks set to end with a whimper rather than a bang. With corporate news thin on the ground broker commentary is driving much of the action. Unilever is downgraded to neutral from 'overweight' by HSBC on sales volumes concerns. Hi-tech weapons group Qi
Read moreLondon midday: Footsie drifts lower
26th Mar 2010 12:19
Footsie is bumbling along a tad directionless as investors consider the Greek bail-out, Budget fall-out and the prospects of more air and rail strikes. Property companies are among the best performers, with Hammerson, Segro, British Land and Liberty the four highest risers so far. In economic news
Read moreLondon open: Footsie makes dull start
26th Mar 2010 08:52
London has made a subdued opening with company news thin on the ground and a weak close in the US overnight. Property companies are the best performers, with Hammerson, Segro, British Land and Liberty the four highest risers so far. Cable & Wireless's demerger is bound to cause some confusion this
Read moreLondon close: Footsie suffers hiccup
4th Mar 2010 16:40
The blue chip index failed to stretch its winning streak to a fifth session, falling for the first time this week on negative results reaction and downbeat miners. It held above 5,500 all day despite coming close just after trade began and towards the end of play. Engineering and project managemen
Read moreLondon afternoon: Stocks are becalmed
4th Mar 2010 14:13
It's been an up and down day for the blue-chip index although the Footsie has rarely strayed far from its overnight level. As expected, the Bank of England has held interest rates at 0.5% and taken no further action on quantitative easing (QE) amid conflicting signals over the state of the UK econo
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