London close: RBS leads the charge
4th Jan 2010 17:12
A strong start to the year on Wall Street gave London a boost, prompting the blue-chip index to finish at its highest point for the day. Part-nationalised lender Royal Bank of Scotland's led the advance after Exane BNP Paribas suggested that 'fundamental (rather than purely speculative) investor in
Read moreLondon afternoon: Buoyant Wall St. lifts London
4th Jan 2010 14:38
Shares added to the morning's gains over the lunchtime session, as investors correctly predicted a firm opening on Wall Street. The sale of Royal Bank of Scotland's Pakistan unit has fallen through after the deal failed to get the necessary regulatory approvals and complete before the 31 December d
Read moreLondon midday: Broker tip lifts RBS
4th Jan 2010 12:10
Leading shares moved into consolidation mode late in the morning session, with resource stocks the best performers. Cairn Energy remains the top gainer on news that the oil explorer has secured a second drilling rig to assist its exploration programme in the Disko West area offshore Greenland in th
Read moreLondon open: Positive start to new decade
4th Jan 2010 08:11
Footsie has started the new decade on a positive note, with Cairn Energy and Royal Bank of Scotland leading the way. Cairn Energy is this morning's best performer on news that the oil explorer has secured a second drilling rig to assist its exploration programme in the Disko West area offshore Gree
Read moreImmunodiagnostic Systems welcomes Italian deal
4th Jan 2010 07:17
Diagnostics testing kit firm Immunodiagnostic Systems (IDH) hopes to benefit from a new 5-year distribution agreement signed by Technogenetics to which IDH supplies its products. UK firm IDH said Italy's Technogenetics, part of clinical diagnostics company Bouty, had done the deal with Menarini Dia
Read moreOsmond increases Pearl stake
10th Dec 2009 16:35
Pearl Group director Hugh Osmond has invested nearly £119,000 on buying 13,550 shares. Specialist closed fund operator Pearl gained a secondary listing on the Main Market of the London Stock Exchange on 17 November. No new shares were issued but Pearl hopes to attract additional institutional invest
Read moreSmall cap round -up: Immunodiagnostics, MDM, Pilat...
30th Nov 2009 12:06
Booming demand for its Vitamin D testing kits nearly trebled Immunodiagnostic's interim profits with the group reporting equally strong trading into the second half of the year. Revenue rose by up 56% to £16.9m (2008: £10.8m) with pre-tax profit up 188% to £4.6m (2008: £1.6m). "Traditionally the re
Read moreTuesday tips round-up: Standard Chartered, Lonmin, Tesco
6th Oct 2009 06:44
Asian markets are likely to recover faster than Western economies - and this is where Standard Chartered is strong. There are concerns that the group may issue more shares in the next 18 months to fund its growth plans, but if this happens the group is likely to use its funds wisely. The bank is h
Read moreLondon close: Footsie puts on late spurt
5th Oct 2009 17:16
Having been lethargic all day leading shares put on a late spurt in London, after receiving a transatlantic boost in the form of better than expected data from the US services sector. Miners featured prominently among the top performers, helped by bullish comment from Royal Bank of Scotland (RBS).
Read moreLondon afternoon: Footsie eases into the red
5th Oct 2009 13:45
The Footsie dipped into the red over the lunch-time session but it was a very shallow dip, with leading shares mixed and mostly sticking close to overnight levels. Life insurer Aviva is the heaviest faller in the FTSE 100 after it confirmed it is to sell a minority stake in its Dutch insurance bus
Read moreSales surge at Immunodiagnostic Systems
5th Oct 2009 12:21
Diagnostics testing kit firm Immunodiagnostic Systems (IDH) enjoyed a 56% jump in revenue during the six months to September and is confident about prospects. Turnover from continuing operations jumped to £16.9m from £10.8m a year earlier. That's also 20% ahead of the second half of 2008 on a like-
Read moreTullett Prebon chief exec spends £1.1m
29th Jun 2009 17:11
Tullett Prebon's chief executive Terry Smith has spent more than £1m upping his stake in the interdealer broker. He bought 439,731 shares at 267p a time and now has about 9.2m, which is 4.3% of the firm. He was joined by finance director Paul Mainwaring who took 103,683 shares at 268.9p a time. T
Read moreBroker tips: Kewill, Immunodiagnostic
22nd Jun 2009 12:56
Strong full year results from in-vitro diagnostics group Immunodiagnostic Systems (IDH) have prompted stockbroker KBC Peel Hunt to consider raising its price target for the stock, which currently stands at 260p, not far above the prevailing market price. "Finals show revenue up to £25m (up 51%) dri
Read moreBroker snap: Vitamin D market to lift Immunodiagnostic
22nd Jun 2009 12:55
Strong full year results from in-vitro diagnostics group Immunodiagnostic Systems (IDH) have prompted stockbroker KBC Peel Hunt to consider raising its price target for the stock, which currently stands at 260p, not far above the prevailing market price. "Finals show revenue up to £25m (up 51%) dri
Read moreSmall caps round-up: Imagination, Cashbox, Capital & Regional...
22nd Jun 2009 09:09
System on a chip technology firm Imagination Technologies Group has signed a multi-use licence agreement with semiconductor company MediaTek. MediaTek will deploy Imagination's POWERVR SGX graphics processor technology on its future system on a chip devices. Imagination will receive licensing fees
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