London close: Higher finish after late recovery
25th May 2011 16:43
A late fightback sent the top share index into the blue ahead of trading's after an uncertain day's trading. There was little in the way of company news to move FTSE 100 stocks. Fashion retailer Next and B&Q owner Kingfisher are among the worst performers. Following suit is new kid on the block Gle
Read moreLondon midday: FTSE 100 still struggling to recover
25th May 2011 12:02
The top share index is seeking direction amid continued uncertainty following the slide on Monday. Fashion retailer Next and B&Q owner Kingfisher are among the worst performers. Following suit is new kid on the block Glencore, which is under the weather on its debut on the top-share index. On the
Read moreLondon open: Footsie slips 0.46% early on
25th May 2011 08:54
The Footsie has slipped into the red in early trading heading towards the 5,800 mark, offsetting the gains made yesterday. Fashion retailer Next and B&Q owner Kingfisher are among the worst performers. Following suit is new kid on the block Glencore, which is under the weather on its debut on the t
Read moreHogg Robinson annual profit takes off
25th May 2011 08:09
Corporate travel services firm Hogg Robinson revealed a 36% increase in annual pre-tax profit, lifted its dividend 25% and said trading this year has been stronger than in previous years. A strong recovery in global business travel in Asia-Pacific, North America and Europe helped boost the group's
Read moreLondon close: FTSE 100 shrugs off mining weakness
16th Feb 2011 16:47
The top share index retained its strength to close with good gains, in spite of weakness in the mining sector. Rocketing commodity prices meant record profits for BHP Billiton in the first half, bankrolling a huge investment programme and share buyback scheme, but the shares still fell. Profit a
Read moreLondon afternoon: Stocks consolidate gains
16th Feb 2011 14:20
Footsie finished the lunchtime session barely changed from where it started it after an attempt to extend gains fizzled out. Rocketing commodity prices meant record profits for BHP Billiton in the first half, bankrolling a huge investment programme and share buyback scheme. Still, the shares are
Read moreLondon midday: Banks lift FTSE 100
16th Feb 2011 12:13
The top share index remains comfortably in positive territory, with banks helping to offset losses in the mining sector. Rocketing commodity prices meant record profits for BHP Billiton in the first half, bankrolling a huge investment programme and share buyback scheme. Still, the shares are sligh
Read moreLondon open: Bright start after BHP record
16th Feb 2011 08:47
London shares have pushed on strongly despite a lukewarm response to blockbusting results from mining titan BHP Billiton. In Europe, French drugs giant Sanofi-Aventis has agreed to pay $20.1bn (£12.4bn) for American biotech firm Genzyme.Genzyme shareholders will get $74 in cash per share and may ge
Read moreHogg Robinson to top FY forecasts
16th Feb 2011 08:19
Corporate travel services firm Hogg Robinson said full year profit is expected to be slightly ahead of expectations, despite travel disruption caused by freezing weather conditions, as businesses increase travel budgets. The group issued an upbeat outlook as it benefits from a recovery in corporate
Read moreWednesday tips round-up: BT, Shell, Electra...
1st Dec 2010 07:03
BT recently reported an excellent set of operating figures; debt continues to fall; there has been good news on its pension deficit; and there is a chance the dividend could now offer real growth. As debt is reduced, the pension hole managed and its credit rating improves, the company should be abl
Read moreFull year at Hogg Robinson to be ahead of expectations
30th Nov 2010 14:28
Business travel specialist Hogg Robinson reported an impressive set of first half results which saw both client spending and travel bookings rise by 18%, "reflecting strengthening confidence amongst many of our clients", the company says. As a result, the group's underlying pre-tax profit for the
Read moreMARKET TALK: Collins Stewart Raises Hogg Robinson Price Target
27th Jul 2010 12:02
1102 GMT [Dow Jones] Collins Stewart raises Hogg Robinson Group (HRG.LN) price target to 50p from 42p, representing 77% upside, following the company's interim results. Says effective cost control management successfully limits the impact of a 15% reduction in revenues between '08 and '10 to just a
Read moreHogg Robinson 1Q Revenue Up 6%, Sees FY In Line With Views
26th Jul 2010 14:34
LONDON (Dow Jones)-- Hogg Robinson Group PLC (HRG.LN), an international corporate travel services company, said Monday that it performed very well during the first three months of the financial year with client revenue 6% ahead of last year at constant currency, and said it believes it will continue
Read moreSmall caps round-up: Pinnacle Telecom, Plant Health Care...
26th Jul 2010 10:31
Shares in Pinnacle Telecom jumped after said it has completed contracts to provide temporary voice and data networks for the Latitude and T in the Park music festivals. Plant Health Care (PHC) is also in demand. The biological fertiliser group signed an agreement for the agricultural products gian
Read moreSunday tips round-up: Hogg Robinson, Lookers, Shell
13th Jun 2010 11:08
Hogg Robinson specialises in corporate travel, helping firms organise employees' business trips as smoothly as possible. Its shares have not had a good recession. Trading at more than 60p in September 2008, they plunged to 5p in January 2009 and have been hovering near today's 30p for most of this
Read more