LSL chief buys
12th Jun 2009 16:46
Estate agent LSL Property Services said chief executive officer Simon Embley acquired 250,000 shares in the group. Embley has acquired the shares at 135p each, increasing his stake to 9.95m shares, or 9.56% of the group. Top Director Buys Symphony International Holdings (SIHL) Director name: M
Read moreLondon close: Rio bombshell pulls back Footsie
4th Jun 2009 17:03
Rio Tinto dominated late trading as its deal with Chinese giant Chinalco looked all but dead in the water as the mining giant confirmed it is considering its options. A rights issue to raise up to $15bn could be announced as soon as tomorrow according to reports in Australia. Rio shares slumped by
Read moreLondon afternoon: Rio dives on Chinalco rumours
4th Jun 2009 14:27
Disappointment with the Bank of England's decision not to expand its quantitative easing programme prompted a downturn in the market, wiping out the morning's gains. London's blue-chip index is also struggling with the burden of a weak mining sector, which has moved further into the red after rumou
Read moreSector movers: Chemical firm news sparks adverse reaction
4th Jun 2009 12:19
Two news items from chemicals companies have been given the thumbs down by investors. Speciality chemicals firm Johnson Matthey, which refines platinum for catalytic converters, is lower after it saw profits for the year fall 5%. It also warned thatinterim operating profit in the new year will be l
Read moreLondon midday: Financials lead rally
4th Jun 2009 12:03
The Bank of England's interest rate decision was every bit the non-event economists had been predicting, with the key lending rate left unchanged at 0.25% while no further changes to the quantitative easing programme have been made. Equities remain slightly firmer, with financials recovering some o
Read moreLondon open: Stocks post slim gains
4th Jun 2009 08:22
London's top stocks are posting slight gains in early deals ahead of the Bank of England's interest rate decision later today with supermarkets doing well. Wm Morrison made a good start to the new trading year, with sales growth well ahead of the sector norm. Like for like sales improved by 8.2%, o
Read moreLondon pre-open: Footsie to edge higher
4th Jun 2009 07:50
London's leading share index is tipped to rise slightly in early dealings on a busy day for the retail sector Department store Debenhams is to raise £323m through a placing and open offer to reduce its debt burden and improve its ability to acquire retail assets that may arise if the economic downt
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