London close: Best finish in 12½ months
12th Oct 2009 16:48
UK share prices finished at their best levels in over a year Monday and, despite a few sellers appearing late on, the FTSE 100 ended the session above 5,200. Insurers Old Mutual, Standard Life and Legal & General were in demand all day. Rising stock markets are always good news for their investment
Read moreLondon afternoon: Banks' balance sheet issues resurface
12th Oct 2009 14:23
The Footsie crashed through the 5200 barrier this morning to rise to a one-year high and although prices came off the top over the lunch-time session, the vast majority of blue-chips are still in the blue. The upward trend in global equity markets is good news for the insurers and their investment
Read moreLondon midday: Footsie at year-high
12th Oct 2009 12:07
London's blue chips hit their best level since September last year as buyers charged in again following the strong performance on Wall Street last week. There are strong risers in most sectors with the notable exception of banks where Barclays and Lloyds Banking are both lower. Banking giant Barcl
Read moreFTSE 250 movers: IPF jumps on brighter outlook
12th Oct 2009 09:28
Shares in credit lender International Personal Finance (IPF) jumped after it said it had seen a recovery in trading that will result in its full year performance being 'materially ahead of current market expectations' if it continues. ITV shares are higher even after the broadcaster said that its h
Read moreLondon open: London makes healthy start
12th Oct 2009 08:50
London has made a bright start helped by the strong finish to last week on Wall Street. Index heavyweight Vodafone is ahead along with Unilever, Shire and Segro as buyers dominate. Only Invensys and Randgold Resources are significantly in the red. Banking giant Barclays is lower despite reports it
Read moreLondon pre-open: Firm start on the cards
12th Oct 2009 07:40
London is expected to get the week off to a bright start, with traders predicting the FTSE 100 will open around 22 points higher, but early attention is likely to be dominated by board room turmoil in two second-liners. The long running soap opera revolving around the chairman role at TV broadcaste
Read moreIPF sees results ahead of expectations
12th Oct 2009 07:19
Credit lender International Personal Finance (IPF) said it had seen a recovery in trading that will result in its full year performance being 'materially ahead of current market expectations' if it continues. The firm posted a rise in profits in Poland, the Czech Republic and Slovakia in the third
Read moreFriday tips round-up: Kingfisher, Colt Telecom, Capita
24th Jul 2009 06:44
Kingfisher issued its second-quarter trading update yesterday, topping most analysts' expectations. With the Office for National Statistics also saying yesterday that retail sales rose in June, the group should be feeling confident about the rest of the year. Kingfisher probably deserves a small pr
Read moreIPF soars on strong second quarter
23rd Jul 2009 16:08
Credit lender International Personal Finance (IPF) soared after it made a "substantial" improvement in the second quarter following a difficult start to the year. The group staged a recover in the second quarter, led by Poland and Czech-Slovakia as a result of actions taken by the group and stabil
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