UK MARKET TALK ROUNDUP: SHARES LOSING
10th Jun 2010 14:41
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1341 GMT [Dow Jones] Societe Generale downgrades Home Retail Group (HOME.LN) to hold from buy and cuts target price to 226
Read moreLondon afternoon: Strong US start lifts Footsie
10th Jun 2010 14:40
Footsie has perked up following a bright start on Wall Street. British chip maker ARM Holdings is on the upturn on the revival of the old rumours of a bid from US consumer electronics giant Apple. Its FTSE 250-listed peer Imagination Technologies, whose chips are also used in smartphones, is highe
Read moreSector movers: Tech stocks on the rise
10th Jun 2010 12:23
The technology hardware and equipment sector has been lifted by a jump in the share price of ARM and Imagination Technologies, which both provide chips used in smartphones such as Apple's iPhone. Speculation of an Apple bid for ARM is doing the rounds. The top performer in the sector though is tid
Read more2nd UPDATE: Home Retail Shares Plunge As Argos Underperforms
10th Jun 2010 12:11
(Rewrites, adds CEO and analyst's comments, detail.) By Simon Zekaria Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Home Retail Group PLC's (HOME.LN) shares fell sharply Thursday as the U.K. general merchandise retailer said lower demand for televisions and video games at its Argos chain
Read moreLondon midday: Miners buoy Footsie
10th Jun 2010 12:06
Though embattled oil giant BP remains a drag on the index the market had a positive morning session, helped by demand for mining stocks. Wednesday's plunge in the value of its US stock shocked BP into issuing a statement this morning claiming it knows of no reason for the dramatic sell-off. BP shar
Read moreUPDATE: Wincanton Profit Falls But New Sectors To Aid Growth
10th Jun 2010 11:35
(Adds executive comment.) By Rachael Gormley and Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Haulier Wincanton PLC (WIN.LN) Thursday reported an 85% drop in fiscal year profit, hurt by a dip in revenue and a restructuring of its loss-making German operations, but said it is
Read moreLondon open: BP leads decline
10th Jun 2010 08:50
London's leading shares spilled into the red in early deals, led by oil giant BP. Wednesday's plunge in the value of its US stock has shocked British oil giant BP into issuing a statement this morning claiming it knows of no reason for the dramatic sell-off. BP shares slumped 16% in heavy US trade
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
10th Jun 2010 08:16
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] 0716 GMT [Dow Jones] Results for Argos in Home Retail Group's (HOME.LN) 1Q trading statement are disappointing and a lot wors
Read moreMARKET TALK: Home Retail's Argos Letdown Particularly Worrying
10th Jun 2010 08:16
0716 GMT [Dow Jones] Results for Argos in Home Retail Group's (HOME.LN) 1Q trading statement are disappointing and a lot worse than expected says Seymour Pierce. The figures are impacted by weak game and TV sales. Seymour says the Argos results are worrying given that competition is intensifying, pa
Read moreMARKET TALK: Home Retail In-Line; Argos Sales Disappointing
10th Jun 2010 07:50
0650 GMT [Dow Jones] Home Retail's (HOME.LN) 1Q results are in line with forecasts overall, but sales at Argos are disappointing, says Shore Capital analyst Kate Calvert. Says sales at Homebase are a little better than forecasts and indicated the group has taken market share. However, says the group
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
10th Jun 2010 07:50
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] 0650 GMT [Dow Jones] Home Retail's (HOME.LN) 1Q results are in line with forecasts overall, but sales at Argos are disappoint
Read moreUPDATE: Home Retail Says Outlook Uncertain As Sales Fall
10th Jun 2010 07:47
(Re-writes, adds detail.) By Simon Zekaria Of DOW JONES NEWSWIRES LONDON (Dow Jones)--General merchandise retailer Home Retail Group PLC (HOME.LN) Thursday warned the economy remains uncertain and reiterated that it targets flat year-on-year profitability after posting falling first-qu
Read moreLondon pre-open: BP to sink Footsie
10th Jun 2010 07:41
The FTSE 100 looks like it'll be dragged back towards 5,000 in early trade after a late slip on Wall Street, while BP may mirror the 16% slump in its US-listed stock last night. Wednesday's plunge in the value of its US stock has shocked British oil giant BP into issuing a statement this morning cl
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
10th Jun 2010 07:27
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] 0627 GMT [Dow Jones] Home Retail's (HOME.LN) first-quarter results are in-line with forecasts overall, but sales at Argos are
Read moreMARKET TALK: Home Retail Group 1Q In-Line; Argos Disappointing
10th Jun 2010 07:27
0627 GMT [Dow Jones] Home Retail's (HOME.LN) first-quarter results are in-line with forecasts overall, but sales at Argos are disappointing, Seymour Pierce analyst Freddie George says. He says sales at Homebase are a little better than forecasts. Shares closed Wednesday at 238p. (simon.zekaria@dowjo
Read more