London afternoon: Footsie in red despite miners
14th Feb 2011 14:29
Mining stocks are buoyant after China's economy grew 9.8% in the final quarter of 2010, but demand for miners has not prevented the blue-chip index from sliding into the red. Takeover talk is pushing the price of engineering stalwarts Weir Group and Invensys higher, with German engineering colossu
Read moreLondon midday: FTSE 100 turns lower
14th Feb 2011 12:13
The top share index is slightly under pressure now though there is some excitement among oil-related stocks in the mid-cap index. Shares in John Wood have roared ahead after the oilfield services group said it is returning money to shareholders, and is to pay out $1.7bn after it agreed to sell it
Read moreLondon open: Egypt gives early boost
14th Feb 2011 08:45
The departure of Egypt's president Hosni Mubarak and gains on Asian markets have given Footsie an early lift. Miners are going well after strong trade figures from China. Xstrata and Rio Tinto lead the sector higher. Reports that China's inflation numbers tomorrow may be better than expected has a
Read moreHarvey Nash ahead of forecasts
14th Feb 2011 07:37
Recruiter Harvey Nash's trading in the second half has been strong and results this year will be ahead of market expectations. Total revenue for the year to January will be £425m, gross profit of £68m and profit before tax of circa £6m, up 46% on the previous comparable year. The group's net cash
Read moreSmall caps round-up: Anglesey Mining, Blavod, Boomerang
26th Nov 2010 14:53
Anglesey Mining has reported 'excellent progress' in its iron projects in Western Labrador and Quebec in the half year to September 30. 'Mining and production activities are planned to commence in April 2011,' the company said. Pre-tax losses during the period widened to £756,000 from £368,000 ove
Read moreHarvey Nash confident for FY
30th Sep 2010 08:09
White collar recruitment firm Harvey Nash said with markets now recovering and demand for permanent and flexible recruitment increasing, it is well positioned for the upturn and expects to deliver full year results in line with company expectations. Revenue for the six months ended 31 July 2010 sli
Read moreStrong first half from Harvey Nash
11th Aug 2010 13:28
Recruitment firm Harvey Nash said trading in the first half of its financial year has been in line with management expectations. The group expects to report a year on year increase in underlying operating profit for the six months to end-July of at least 10%, while revenue and gross profits are exp
Read moreMARKET TALK: Hays Return To Growth Is Good Sign - S Pierce
8th Jul 2010 08:12
0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, which is clearly a good sign, says Seymour Pierce. Notes on a like-for-like basis net fee income was up 8%, compared with the same period last year, driven by Asia Pacific. Nevert
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
8th Jul 2010 08:12
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, w
Read moreThursday tips round-up: Weir, Filtrona, Tullett Prebon
17th Jun 2010 06:06
Earlier this week engineer Weir posted an unscheduled trading update - which proved a barnstormer. The Telegraph's Questor remains a bull of the group's end markets. The urbanisation of Asian nations as they get richer is a trend that is not going to finish soon - and this process needs power and ma
Read moreHarvey Nash 1Q Pretax Profit Flat, Revenue Down 4%
16th Jun 2010 08:48
LONDON (Dow Jones)--U.K.-based recruitment company Harvey Nash Group PLC (HVN.LN) Wednesday said its first-quarter pretax profit was flat despite a decline in revenue because it cut costs, but said it is confident the business will benefit from an improved wider economy. Harvey Nash said its mar
Read moreHarvey Nash cautious over recovery
16th Jun 2010 07:35
White collar recruiter Harvey Nash saw an improvement in business in its latest quarter over the previous three months, but is wary over the strength of the recovery especially within the eurozone. Revenue in the period to end April was 4% below the first quarter last year with gross profit 6% l
Read moreHarvey Nash pleased despite profit dip
30th Apr 2010 11:21
Recruitment and IT consultancy firm Harvey Nash saw profits slide for the year but said the performance was resilient against the backdrop of the economic downturn. The group also announced today that it signed a new contract with Alcatel-Lucent Deutschland AG to provide line delivery and engineeri
Read moreLondon close: Footsie at one-week high
25th Nov 2009 16:06
Welcome results from Compass and investors' insatiable appetite for mining stocks helped London's blue chip index finish the session near the top of the day's range. A small improvement to the third quarter gross domestic product figure brought some relief. The Office of National Statistics said th
Read moreLondon afternoon: Compass leads London north
25th Nov 2009 14:01
A marginal improvement to the third quarter gross domestic product figures has lifted spirits in London, overshadowing some mixed corporate updates. The Office of National Statistics (ONS) said the UK economy shrank less than previously estimated in the third quarter, contracting by 0.3% between J
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