FTSE 250 movers: Senior jumps after record results
25th Feb 2013 15:14
Aeronautics and industrial component manufacturer Senior was a high riser on Monday after reporting a record set of results for 2012. The company reported a 14% rise in full-year sales last year and a 17% jump in adjusted profits before tax, helped by a strong first year's performance from the West
Read moreLondon midday: Banks lift markets higher despite UK downgrade
25th Feb 2013 11:47
The FTSE 100 was making decent gains on Monday morning in spite of Moody's stripping the UK of its prized 'AAA' credit rating, as sentiment was lifted by central-bank stimulus speculation in the US and Japan. Over the last few days, Federal Reserve Chairman Ben Bernanke showed his commitment to the
Read moreHiscox profits soar despite year of natural disasters
25th Feb 2013 08:06
Insurance giant Hiscox reported a jump in annual pre-tax profits Monday despite being hit by claims from Hurricane Sandy which devastated the Caribbean and the US. Profits before tax climbed to £217.1m for the year to December 31st 2012, compared to £17.3m in the previous year. Hiscox, which provi
Read morePlaytech CEO exercises options
28th Dec 2012 16:00
Mor Weizer, the Chief Executive Officer of AIM-listed online gaming software firm Playtech exercised options over 400,000 ordinary shares in the company on Thursday. The options were granted to him under the terms of the company's 2005 'Global Share Plan'. Playtech, which provides turnkey solution
Read moreLondon close: FTSE 100 finishes strongly on 'fiscal cliff' optimism
18th Dec 2012 16:55
- US budget negotiations lift hopes - G4S up on renewed confidence - FTSE 250 at all-time high UK markets finished with strong gains on Tuesday afternoon as 'fiscal cliff' hopes spurred investors' appetites for riskier assets, such as mining stocks. The second-tier FTSE 250 index was trading at a
Read moreFTSE 250 movers: New World Resources jumps on coal demand hopes
18th Dec 2012 14:58
Central Europe-focused hard coal and coke producer New World Resources surged on Tuesday afternoon after the International Energy Agency (IEA) said that coal will come close to surpassing oil as the world's top energy source by 2017. According to the IEA's Medium-Term Coal Market Report, the world
Read moreLondon midday: G4S leads markets higher
18th Dec 2012 11:27
- Stocks advance on 'fiscal cliff' hopes - Miners track metal prices higher - G4S up on renewed confidence A decent performance by G4S and the mining sector ensured that the FTSE 100 remained firmly in positive territory on Tuesday morning, with hopes over the US budget talks driving risk appetite.
Read moreLondon open: 'Fiscal cliff' hopes drive stocks early on
18th Dec 2012 08:30
The FTSE 100 opened strongly on Tuesday morning on the back of increasing optimism that US President Barack Obama and House Speaker John Boehner will be able to strike a deal by the end of the year to avert the 'fiscal cliff'. Without a deal by the January 1st deadline, the $600bn in automatic spen
Read moreHiscox: Superstorm Sandy cost estimated 90m pounds in claims
18th Dec 2012 08:19
International specialist insurer Hiscox has today announced an estimate for the impact of Superstorm Sandy. Although considerable uncertainties still exist around the impact of Superstorm Sandy, the insurer said that based on an insured market loss of $20bn, it estimates net claims of approximately
Read moreLondon open: HSBC and miners provide a drag early on
5th Nov 2012 08:39
UK stocks declined sharply on Monday morning on the back of a mixed reaction to economic data from China and caution ahead of the presidential elections in the US and a parliamentary vote in Greece. The HSBC China services sector purchasing managers' index (PMI) fell from a four-month high of 54.3
Read moreHiscox says too early for Sandy estimates
5th Nov 2012 07:13
Specialist insurance group Hiscox said it is too early to produce any meaningful estimate of claims from Sandy as it posted 6.4 per cent increase in gross written premiums for the nine months to September 30th. "New York City and surrounding states are not yet fully functioning as people are strug
Read moreSector movers: Insurance stocks dragged down by Admiral and CPP
2nd Nov 2012 15:04
Heavy falls for car insurer Admiral ensured that the non-life insurance category was firmly at the bottom of the pile on Friday afternoon, with a plummeting CPP Group doing little to help the sector. Shares in FTSE 100 constituent Admiral were trading 4.9% lower at 1,086p by mid-afternoon, after th
Read moreSector movers: Insurers battered by arrival of Hurricane Sandy
29th Oct 2012 15:51
With Hurricane Sandy hitting the shores on the east coast of America on Monday, the insurance sector was unsurprisingly the worst performing category of the day in London, with the latest estimates of the storm's damage being in the tens of billions of dollars. Sandy, dubbed as 'Frankenstorm', is e
Read moreVectura director exercises options after milestone payment
28th Sep 2012 17:17
Shares of Cambridge-based Vectura rose after it confirmed the Japanese government has approved its Seebri inhalation capsules used in inhaler devices. The shares rose 2p to 86.5p, on news that government clearance will trigger a £2.5m milestone payment for Vectura from its partner Novartis. Whethe
Read more4imprint director buys up following strong first half
23rd Aug 2012 16:01
John Warren, a Non-Executive Director of promotions company 4imprint Group, has purchased himself a chunk of shares less than a month after the company reported a strong first half which saw a 50 per cent increase in pre-tax profits. Warren bought 5,000 shares at 300.62p each for a total of £15,03
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