Computacenter chairman buys
27th Nov 2009 15:42
Computacenter chairman Greg Lock has increased his stake in the computer services company the day after it acquired Germany-based IBM systems provider becom Informationssysteme. Lock, who is also chairman of Kofax and previously worked at IBM, has taken his stake to 350,000 shares with the purchas
Read moreLondon Stock Exchange chairman buys despite technical glitch
26th Nov 2009 16:38
London Stock Exchange chairman Chris Gibson-Smith decided to add to his stake on the day that the London Stock Exchange's trading facilities were unavailable for more than three hours. He spent just under £100,000 on shares at 769.85p a share. That takes his stake in the London Stock Exchange to 63,
Read moreWednesday tips round-up: Lloyds Banking, Severn Trent, SSL
25th Nov 2009 06:35
On balance, Lloyds Banking investors should take up their rights and consider this an investment for the long term suggests the Telegraph. The average shareholder owns 740 shares, which means the average sum an investor will have to stump up to prevent dilution at this stage is £367. Ultimately, t
Read moreLondon close: FTSE 100 closes 32 points lower
24th Nov 2009 16:48
London ended the day in the red as the FTSE 100 lost its earlier gains after Wall Street opened sharply lower. London did not sustain a short-lived rally in the late afternoon. The market seemed to initially ignore Bank of England governor Mervyn King's cautious comments to the House of Commons Tr
Read moreLondon afternoon: Shares still drifting
24th Nov 2009 14:31
London continues to lack direction, with Bank of England governor Mervyn King's comments to the House of Commons Treasury select committee on the state of the economy having more of an effect on sterling than on share prices. With sterling dipping after King's comments, package holiday firms Thomas
Read moreFTSE 250 movers: Homeserve builds gains
24th Nov 2009 13:13
Mid-cap stocks have been sent in both by directions by company updates. Home maintenance specialist Homeserve is on track for a year of "strong growth" as its core business did well at the half way stage and good levels of new policy sales and high levels of renewals continued into the second half.
Read moreLondon midday: Leading shares mixed
24th Nov 2009 12:10
Footsie has fought its way into positive territory after a dull opening, helped by a recovery by some mining stocks. Anglo American, ENRC and Lonmin are the brightest features of a mining sector that initially opened lower on softer copper prices. Lloyds Banking Group is firmer after it priced i
Read moreHomeserve confident of 'strong' year
24th Nov 2009 07:38
Home maintenance specialist Homeserve is on track for a year of "strong growth" as its core business did well at the half way stage and good levels of new policy sales and high levels of renewals continued into the second half. Profit before tax and exceptional items for the six months ended 30 Se
Read moreTuesday preview: Severn Trent, BSS, Homeserve
23rd Nov 2009 16:19
With the water regulator OFWAT due to publish its final determination on the 2010 - 2015 regulatory regime for the water companies on Thursday, Severn Trent's results on Tuesday will certainly be topical, though probably unexciting. The utility company said back in July that the decline in consumpt
Read moreHomeserve to close UK emergency services units
20th Oct 2009 07:56
The loss of a major client has proved the final straw for management of Homeserve, which has decided to close down its property repairs operations. The home maintenance company said the performance of its property repairs business continues to be affected by challenging market conditions and it is
Read moreLondon close: Buoyant US lifts FTSE 100
28th Sep 2009 16:37
Footsie put a sluggish start to the day behind it to post strong gains, helped by buoyant showing on Wall Street. There were contrasting fortunes for two stocks dependent on the health of the housing market, with Wolseley on the rise and Home Retail on the slide. Earlier today property research fi
Read moreLondon afternoon: Market cements morning's gains
28th Sep 2009 14:15
London made further headway over the lunchtime session, boosted by expectations of a firm opening on Wall Street. There are contrasting fortunes for two stocks dependent on the health of the housing market, with Wolseley on the rise and Home Retail on the slide. Earlier today property research firm
Read moreLondon close: US data sinks Footsie
24th Sep 2009 16:46
Footsie turned down sharply in the last couple of hours of trading as US shares retreated on weak home sales and lower commodity prices, especially oil. Property companies led the UK lower after Canary Wharf property owner Songbird announced it would issue 62bn shares at a penny each as part of a
Read moreLondon afternoon: Property stocks a drag
24th Sep 2009 15:03
After spending the lunchtime session in positive territory the Footsie has fallen back into the red, with property companies leading the way down. Land Securities, British Land, SEGRO and Hammerson are all under the cosh as investors cool on the sector following huge cash calls this week by Liberty
Read moreLondon midday: Footsie rally falls short
24th Sep 2009 12:22
Footsie still sits in the red after giving up an attempt to launch a foray into positive territory. London Stock Exchange is the heaviest faller after it said the average daily value traded on its SETS electronic trading system declined by 43% in the five month ended August. 3i is also down. The p
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