3i-backed Environmental Firm SLR Buys Alaska Hoefler For GBP5M
12th Jul 2010 14:54
LONDON (Dow Jones)--3i Group PLC (III.LN)-backed SLR Management Ltd. Monday said it has bought Alaska-based Hoefler Consulting Group in a deal worth around GBP5 million, as part of SLR's acquisition program to boost the environmental services it offers. Hoefler offers specialist permitting and a
Read moreLondon close: Back above 5,000
7th Jul 2010 16:21
Britain's banks staged an impressive turnaround Wednesday that helped carry London out of the red and onto a second day of very respectable gains. High street lenders were unsettled early on as investors waited for details on the nature of European stress tests for about 100 banks. Last-minute hagg
Read moreLondon afternoon: Banks help retrace losses
7th Jul 2010 14:26
London's leading shares have retraced most of the earlier losses as Wall Street starts with some modest gains. Wall Street was expected to begin jittery but moved ahead with tech stocks leading the advance. Banks, which were lower earlier in the day, have now retraced those losses. Lloyds and HSB
Read moreLondon midday: Market struggles despite BP rally
7th Jul 2010 12:07
A cautious update from Marks & Spencer and weak banking shares are weighing on the market despite good showings from BP and Sainsbury's. M&S reported a 3.6% rise in UK like-for-like sales in the first quarter, but is cautious about the outlook for consumer confidence and spending. Like for like sal
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
7th Jul 2010 09:33
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0833 GMT [Dow Jones] 3i Group (III.LN) is well placed to make interesting new investments, says JPMorgan Cazenove analyst Chr
Read moreMARKET TALK: 3i Well Placed To Make Investments - JPMorgan
7th Jul 2010 09:33
0833 GMT [Dow Jones] 3i Group (III.LN) is well placed to make interesting new investments, says JPMorgan Cazenove analyst Christopher Brown following the firm's statement for its first fiscal quarter. In addition to the "good pipeline of investment opportunities" Brown also said that 3i may also tak
Read more2nd UPDATE: 3i Group Investments Up 38% In 1Q, Sales Fall 52%
7th Jul 2010 09:10
(Adds analyst comment.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--3i Group PLC (III.LN) Wednesday said it had invested GBP105 million in its fiscal first quarter, a rise of 38% compared with the same period last year, and that the company continued to perform well des
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
7th Jul 2010 08:58
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0758 GMT [Dow Jones]--3i Group's (III.LN) statement for its first fiscal quarter is reassuring, but unlikely to cause anyone
Read moreMARKET TALK: 3i Group Statement Reassuring - Merrill
7th Jul 2010 08:58
0758 GMT [Dow Jones]--3i Group's (III.LN) statement for its first fiscal quarter is reassuring, but unlikely to cause anyone to change views or estimates, says Merrill Lynch. Keeps a buy recommendation. The private equity firm's portfolio companies continue to perform well overall, according to chie
Read moreLondon open: Blue chips head lower
7th Jul 2010 08:45
London's blue chips have retreated after the surge yesterday with a cautious update from Marks & Spencer dampening the mood. The High Street bellwether reported a 3.6% rise in UK like-for-like sales in the first quarter but is cautious about the outlook for consumer confidence and spending. Like fo
Read moreUPDATE: 3i Group Investments Up 38% In 1Q, Sales Fall 52%
7th Jul 2010 08:31
(Adds comment, detail.) By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--3i Group PLC (III.LN) Wednesday said it had invested GBP105 million in its fiscal first quarter, a rise of 38% compared with the same period last year, and that the company continued to perform well de
Read moreLondon pre-open: Shares to retreat
7th Jul 2010 07:39
London's blue chips look set to drop once again as investors mull a mixed bag of company results. City experts expects Footsie to give up 45 points after finishing just three points shy of its high point yesterday. High Street bellwether stock Marks and Spencer reported a 3.6% rise in UK like for l
Read more3i Group Investments Up 38% In 1Q, Sales Fall 52%
7th Jul 2010 07:34
By Marietta Cauchi Of DOW JONES NEWSWIRES LONDON (Dow Jones)--3i Group PLC (III.LN) Wednesday said it had invested GBP105 million in its fiscal first quarter, a rise of 38% compared with the same period last year, and that the company continued to perform well despite uncertain markets.
Read more3i sees stabilisation
7th Jul 2010 07:12
Private equity leviathan 3i said its investments are stabilising or improving while the pipeline of investment opportunities looks promising. Investment in the second quarter of 2010 totalled £105m, compared to £79m in the second quarter of 2009. Of the £105m invested, £70m was pumped into the exis
Read moreWednesday preview: Marks & Spencer, Aveva, 3i, Carillion
6th Jul 2010 17:15
High Street bellwether stock Marks and Spencer (M&S) will issue a first quarter interim management statement on Wednesday. If things work out well for management, the trends will be good enough to take shareholders' minds off director remuneration, which is likely to be a hot topic at the company's
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