London open: Blue chips take a tumble
12th Nov 2010 08:48
London has opened sharply lower, with sentiment not helped by a mild profit warning from Rolls-Royce and a bad-tempered G20 meeting. Aero-engine maker Rolls-Royce is one of the few risers in fact, despite warning solving the problems on its Trent 900 engine will mean it making less money than expec
Read moreHornby derailed by supply issues
12th Nov 2010 08:27
Hornby made "encouraging progress" during the first half but ongoing supply problems continued to hamper the toy company that owns the Scalextric, Corgi and Airfix brands. Profit before tax for the six months ended 30 September fell to £528,000 from £743,000 in 2009 as product mix, market mix and t
Read moreUK SMALLCAP ROUNDUP: Surf's Up For Plantic Technology
29th Jul 2010 16:00
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PLANTIC TECHNOLOGIES LTD. (PLNT.LN), a maker of biodegradable packaging for food, Thursday said it agreed terms for a takeover offer from the founder of
Read moreUK SMALLCAP ROUNDUP: Antisoma To Return Cash If Programs Fail
29th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps ANTISOMA PLC (ASM.LN), a biotechnology company, said it will return any cash it has left to shareholders if its two lead drug programs fail clinical tria
Read moreCORRECT: Hornby Sees Fiscal 2011 Sales Being More 2H-Weighted
29th Jul 2010 11:31
("Hornby Sees Fiscal 2010 Sales Being More 2H-Weighted," published at 1026 GMT, misstated the fiscal year in the headline. The correct version follows:) LONDON (Dow Jones)--U.K. toymaker Hornby PLC (HRN.LN) Thursday said fiscal year 2011 sales are set to be more heavily-weighted to its second
Read moreMellon adds to Speymill Deutsche stake
22nd Jun 2010 17:03
Speymill Deutsche Immobilien Property Company non-executive director Jim Mellon has been buying shares in the AIM-quoted property investment company just after it has agreed to take over the management of its own property portfolio. Mellon bought 5m shares at €0.05772 a share and 2m shares at €0.06
Read moreLondon close: Higher finish for FTSE 100
23rd Apr 2010 16:38
It was a typically quiet Friday on the company news front, but stocks posted good gains as investors took heart from the apparent stabilisation of the Greek debt situation. Greek Prime Minister George Papandreou has asked the European Union and the International Monetary Fund to activate their €45b
Read moreLondon afternoon: Insurers left behind
23rd Apr 2010 14:07
The blue-chip index edged higher over the lunch time session but has not yet recouped all of yesterday's losses, and barring a late flourish looks set to end the week lower than it started it. The number of FTSE 100 constituents in the red is in single figures and comprises a large number of insure
Read moreLondon midday: Greece woes can't halt bulls
23rd Apr 2010 12:29
London's leading shares have barely blinked on the news that Greece has asked for the $45bn EU/IMF aid package to be activated. The news hit the Euro, but has had little impact on a strong morning for UK equities. Oil company BP said it is initiating a rapid response to clear up an oil spill follo
Read moreLondon open: Minimal gains posted
23rd Apr 2010 08:28
London's leading shares are showing slight gains as a late recovery on Wall Street boosts investor sentiment. Banks are amongst the early movers with RBS, Barclays and Lloyds all higher, while utilities such as Severnt Trent, National Grid and United Utilities are at the bottom end of the market.
Read moreLondon pre-open: Wall St. bounce to lift London
23rd Apr 2010 07:33
A late rally on Wall Street yesterday looks set to be continued in London this morning with traders forecasting the FTSE 100 index will open around 40 points higher. Oil company BP said it is initiating a rapid response to clear up an oil spill following the sinking of the Transocean Deepwater Hori
Read moreHornby to beat expectations and pay divi
23rd Apr 2010 07:26
Scalextrix maker Hornby is to return to paying dividends after the second half of the year finished stronger than expected. "The group will be reporting profits in excess of market expectations. This is primarily due to a significant reduction in inventories, purchased at more favourable dollar/ste
Read moreLondon close: Up and down day for London
31st Mar 2010 17:07
The movements of the blue-chip index looked like they were being directed by the grand old Duke of York on Wednesday, with the market finishing neither up nor down. British Sky Broadcasting (BSkyB) was predictably outraged at the decision by telecoms regulator Ofcom to order it to make its two top
Read moreLondon afternoon: Footsie slides into negative territory
31st Mar 2010 14:09
After a bright start London has turned lower in the afternoon session in anticipation of a weak start on Wall Street. Televised sport is big news on the trading screens as telecoms regulator Ofcom ordered BSkyB to make its two top sports channels available to rivals at a 23% discount to the curren
Read moreLondon midday: Footsie drifts lower
31st Mar 2010 12:17
Footsie is now flat as investors digest a big morning for company announcements. Televised sport is big news on the trading screens as telecoms regulator Ofcom ordered BSkyB to make its two top sports channels available to rivals at a 23% discount to the current price. This was a bigger cut than
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