London close: FTSE 100 outshines overseas stocks
6th Jun 2011 16:38
London's leading share index was an island of blue in a sea of red Monday after the IMF's endorsement of the government's deficit-cutting programme. The soft housing market and the effects of fiscal consolidation will continue to weigh on UK growth after a flat 6 months to 31 March, the IMF predict
Read moreLondon midday: FTSE 100 limps towards the blue
6th Jun 2011 12:01
The top share index is struggling to haul itself into positive territory having fallen back in early dealings. Spirits brands owner Diageo is set to acquire SABMiller's stake in a Kenyan brewery firm for around £140m. Through its subsidiary East African Breweries Limited (EABL), Diageo - famous for
Read moreImage Scan jumps after new orders
6th Jun 2011 08:43
Shares in Image Scan jumped after the security scanner group said it won £405,000 of contracts since releasing its interim results last month. It has received orders for 21 FlatScan portable x-ray screening systems, including nine from a new customer in the Middle East. It has sold its first device
Read moreLondon open: Stocks fall back
6th Jun 2011 08:24
Stocks have edged lower this morning following declines in Asia. Company news is thin on the ground though not without interest. Spirits brands owner Diageo is set to acquire SABMiller's stake in a Kenyan brewery firm for around £140m. Through its subsidiary East African Breweries Limitied (EABL)
Read moreImage Scan has strategic investor in the wings
18th May 2011 16:51
Image Scan rose sharply Wednesday after the 3D and 2D x-ray imaging firm said an investor has approached the company about making a £0.3m strategic investment. That investor is Rise Step International Development, a Hong Kong resident limited liability investment company whose sole director is Lu
Read moreLondon close: Shares jump after sluggish start
24th Jan 2011 16:46
Shares put their early indecisiveness behind them to close with good gains after a decent start on Wall Street. Banks were weak after comments by the head of the Independent Banking Commission over stricter capital rules and possible separation of the retail and investment bank arms. The political
Read moreLondon afternoon: Stocks edge higher
24th Jan 2011 14:49
After a morning of indecision, leading shares pushed on over the lunch time session, despite the weakness of the banking sector. Banks are weak after comments by the head of the Independent Banking Commission over stricter capital rules and possible separation of the retail and investment bank arms
Read moreLondon midday: Banks hold back FTSE 100
24th Jan 2011 12:13
Shares are still seeking direction as banks fall back. The sector is weak after comments by the head of the Independent Banking Commission over stricter capital rules and possible separation of the retail and investment bank arms. The political problems in Ireland have also unsettled the mood. RBS
Read moreLondon open: Cautious start to week
24th Jan 2011 08:51
London is muddling along in the early exchanges despite the decent finish to last week on Wall Street. Banks are weak after comments by the head of the Independent Banking Commission over stricter capital rules and possible separation of the retail and investment bank arms. The political problems i
Read moreImage Scan signs £750,000 nuclear contract
24th Jan 2011 07:45
Shares of 3D and 2D x-ray imaging firm Image Scan powered ahead after it announced it had signed a £750,000 contract for the supply of an x-ray inspection system for use within a large UK nuclear facility. The group's chief technical officer Nick Fox has been working closely with a key contractor t
Read moreSmall caps round-up: ATH Resources, Hellenic Carriers, Oakley Capital...
18th Jan 2011 12:38
One of Britain's biggest coal producers ATH Resources traded in line with expectations during the first quarter, although geological issues at its Glenmuckloch site continue to cause concern. The firm is also worried about the recent dramatic increase in the price of gas oil which, if it continues
Read moreLondon close: Footsie rallies but falls short
8th Oct 2010 16:37
Footsie made a late charge for positive territory ahead of the close, in line with buoyancy in the US, but fell just short. The positive performance in the US was in spite of non-farm payrolls declining 95,000 in September when they had been expected to remain virtually unchanged. The 'glass half f
Read moreLondon afternoon: Shares rally on QE hopes
8th Oct 2010 14:37
US jobless data proved to be much worse than expected, with non-farm payrolls declining 95,000 in September when they had been expected to remain virtually unchanged, but the 'glass half full' optimists have taken the view that this makes a resumption of economic stimulus by the Federal Reserve more
Read moreLondon midday: Nervous wait for US jobs data
8th Oct 2010 12:25
The clock is ticking down on this afternoon's release of US non-farm payrolls data and the market is showing signs of nervousness, with the Footsie drifting back and in danger of slipping below 5600. Bank Barclays is down after PCP3, a vehicle linked to Man City owner Sheikh Mansour bin Zayed al-N
Read moreImage Scan has X-ray factor
8th Oct 2010 08:08
Shares in real-time 3D and 2D x-ray imaging specialist Image Scan shot up after the company held out high hopes for its new products. Turnover for the year to end-September rose to £1.5m from £1.4m the year before. The company said sales of security equipment continue to grow, driven by a two-fold
Read more