Investec Plc Completion Of Acquisition -2-
25th Jun 2010 07:00
these details have previously been disclosed under Rule 8. A Dealing Disclosure by a person to whom Rule 8.3(b) applies must be made by no later than 3.30 pm (London time) on the business day following the date of the relevant dealing. If two or more persons act together pursuant to an agreement or
Read moreInvestec Plc Completion Of Acquisition
25th Jun 2010 07:00
TIDMINVP RNS Number : 2251O Investec PLC 25 June 2010 ? +----------------+--------------+ | Investec | Investec | | Limited | plc | | Incorporated | Incorporated | | in the | in England | | Republic of | and Wales | | South Africa | Registration | | Re
Read moreRensburg goes out on upbeat note
21st May 2010 09:39
Fund manager Rensburg Sheppards boosted funds under management to £12.9bn from £10bn in the year to March. The group, which has agreed a takeover from major shareholder Investec, saw net inflows of new money of 4.9%, up from 1.9% in the previous year. Profits over the year fell to £27m from £30.2m.
Read moreFriday tips round-up: Booker, Investec, Great Portland
21st May 2010 06:48
There is cash in cash and carry ? at least at Booker, which showed black ink on its balance sheet yesterday for the first time since returning to the stock market three years ago. At 40¼p, the shares are trading at 12 times current-year earnings ? not stretched, given the combination of strong ear
Read moreLondon close: Footsie slides again on euro woes
20th May 2010 16:34
London took its place in line on another miserable day for European stock markets as concern about the health of Europe sparked a switch into bonds. US shares also slumped as German chancellor Angela Merkel issued more controversial comments, including advocating a hands-on global response to marke
Read moreLondon afternoon: Footsie lower on weak US
20th May 2010 14:24
Futures pointing to a sharp dip in US markets early on knocked blue chips in London as the afternoon session got underway. Rio Tinto leads the miners lower after Bank of America Merrill Lynch removed the stock from its "Europe 1" list and downgraded the stock to "neutral" from "buy". The broker sa
Read moreLondon midday: Footsie drifts into the red
20th May 2010 12:07
Footsie dipped into negative territory shortly before the lunch time session commenced, with miners largely responsible for the downturn. Rio Tinto leads the miners lower after Bank of America Merrill Lynch removed the stock from its "Europe 1" list and downgraded the stock to "neutral" from "buy".
Read moreLondon open: Markets start well
20th May 2010 08:46
London's leading shares are posting good gains following the heavy sell-off yesterday. Gas and electricity pipeline grid operator National Grid is a big faller though. The group announced a fully underwritten rights issue to raise £3.2bn as it posted a 57% rise in full year profits. Pre-tax profit
Read moreLondon pre-open: Neutral start in store
20th May 2010 07:40
After yesterday's shake-out traders are unsure which way leading stocks will jump at the outset. Gas and electricity pipeline grid operator National Grid caught the market on the hop when it announced a 2 for 5 rights issue to raise around £3.2bn. The new shares are being issued at 335p. The cash c
Read moreInvestec on the front foot
20th May 2010 07:03
International specialist bank and asset manager Investec announced improved earnings and substantially higher assets under management for the year to 31 March. Operating profit before tax rose 8.9% to £432.3m from £396.8m the year before while earnings attributable to shareholders climbed 15% to £3
Read moreFSA fines Investec unit £1.2m
12th Apr 2010 16:42
The Financial Standards Authority (FSA) has fined the sub-prime mortgage lender Kensington Mortgage Company, a division of the South African bank Investec, £1.2m pounds for poorly treating customers facing mortgage arrears. The regulator said customers in arrears were charged unfair and excessive c
Read moreLondon close: Footsie takes a late tumble
30th Mar 2010 16:55
A late dive in line with a slide into the red on Wall Street sent shares lower ahead of the close. US stocks were hit by worries over the sovereign debt situation. The retreat came as rating agency Standard & Poors cut Iceland's rating and after subdued demand for an auction of 12-year Greek debt.
Read moreLondon afternoon: Footsie seeking direction
30th Mar 2010 14:20
Footsie is still marking time as gains in the mining sector struggle to offset losses among banking stocks. Mining giant BHP Billiton is higher after saying it has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts. The renegotiated contracts cover th
Read moreLondon midday: Equities mark time
30th Mar 2010 12:01
Footsie finished the morning little changed despite a strong showing from the mining sector. Mining giant BHP Billiton is higher after saying it has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts. The renegotiated contracts cover the majority of B
Read moreLondon open: Miners push Footsie higher
30th Mar 2010 08:55
London has started on a firm footing and is heading for its best month in decades with mining stocks in focus with BHP Billiton and Kazakhmys both making announcements. Mining giant BHP Billiton has successfully persuaded several of its iron ore customers in Asia to move to shorter term contracts.
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