London afternoon: Imagination hit by Samsung rumour
12th Nov 2010 14:27
Considering mining shares are in the dumper Footsie, though lower on the day, is faring reasonably well, after a lunch time session that saw share prices move sideways. Miners are big fallers on disappointment with the outcome at the G20 meeting and the possibility of a currency free-for-all. Talk
Read moreBroker tips: Kier, Catlin, Spectris
12th Nov 2010 13:23
Prospects in the medium term look good for Kier Group, says Panmure Gordon, but closer issues in housing are likely to limit share price growth. The housebuilder and contractor reported a good start to the current year "broadly in-line" with management expectations. Healthy order books, strong ca
Read moreLondon midday: Footsie flat after recovery
12th Nov 2010 12:13
Shares are looking for direction now after staging an impressive recovery from this morning's losses. Aero-engine maker Rolls-Royce is going well despite warning solving the problems on its Trent 900 engine will mean it making less money than expected in 2010. Centrica is also higher after the Br
Read moreBroker snap: Time to lock in some profit at Kier
12th Nov 2010 12:02
Prospects in the medium term look good for Kier Group, says Panmure Gordon, but closer issues in housing are likely to limit share price growth. The housebuilder and contractor reported a good start to the current year "broadly in-line" with management expectations. Healthy order books, strong ca
Read moreLondon open: Blue chips take a tumble
12th Nov 2010 08:48
London has opened sharply lower, with sentiment not helped by a mild profit warning from Rolls-Royce and a bad-tempered G20 meeting. Aero-engine maker Rolls-Royce is one of the few risers in fact, despite warning solving the problems on its Trent 900 engine will mean it making less money than expec
Read moreMixed outlook for Kier
12th Nov 2010 07:32
Housebuilder and contractor Kier's construction businesses are offsetting a slow start to its homes arm as the housing market sruggles. "The group's overall financial performance to date is broadly in line with our expectations, our net cash position remains strong and we have healthy order books i
Read moreColt chief exec takes another big slice
1st Nov 2010 17:29
The chief executive of Colt has opened his wallet, splashing out nearly £250,000 on shares in the business communications and IT managed services firm. Rakesh Bhasin bought 200,000 shares at 121.4p a go and now has 500,000. Back in May he took 100,000 at 118.5p a time. Bhasin was appointed to the
Read moreCrozier sells free ITV shares to pay the taxman
27th Oct 2010 17:07
Adam Crozier, the former chief executive officer of the Football Association and Royal Mail, and now occupying the same position at terrestrial broadcaster ITV, has sold off about half his shareholding in ITV. Crozier, who joined ITV on 26 April on a base salary of £775,000 per annum plus a pension
Read moreShare sales before Kier board departure
15th Oct 2010 17:06
Deena Mattar, who is stepping down as finance director of building and civil engineering group Kier in November, has sold shares for the third time in the past month. To be fair, it is a member of her family selling the shares. Her husband John Dodds was chief executive of Kier until March. The la
Read moreNew director invests £100,000 in LMS
8th Oct 2010 17:04
Recently appointed non-executive director Mark Sebba has invested nearly £100,000 in LMS Capital shares. Sebba has acquired 210,000 at 47p each - a total cost of £98,700. He did not own any shares in LMS prior to the purchase. Sebba is chief executive of NET-A-PORTER.com, the luxury women's glob
Read moreSector movers: Balfour and Kier construct gains
17th Sep 2010 15:12
On a mostly dull day for stocks, Balfour Beatty is giving the construction and materials sector a lift after a consortium including the contractor was named the preferred bidder for a £250m road scheme in Ireland. The road runs Gort and Tuam in the west of the Republic. Elsewhere in the sector, ho
Read moreKier hardy
16th Sep 2010 15:49
Housebuilder and contractor Kier is rolling in cash after a year in which underlying profitability surged despite a gentle slide in revenue. Net cash at the end of June stood at a record level of £175.2m, up from £92.5m a year earlier, with cash generation in the construction businesses especially
Read moreWednesday tips round-up: Northern Foods, Cranswick, DTZ
14th Jul 2010 07:02
Northern Foods expects trading to remain challenging, which might be stating the obvious, but it says it is prepared for further squeezes on consumer spending, having already expanded the range of lower-value products it provides to Tesco, in particular. The shares sell on about seven times' this
Read moreTuesday tips round-up: Thomas Cook, Rockhopper, Kier
13th Jul 2010 06:52
Travel group Thomas Cook announced yesterday the €30m purchase of Öger Travel, a family-run German firm that mainly sells package holidays to Turkey, a popular destination for Germans. Thomas Cook is already the second-largest travel group in Germany but is less strong in Turkey. The shares have
Read moreLondon close: BP rally lifts Footsie
12th Jul 2010 16:38
BP was in the driving seat, helping Footsie to good gains as the oil giant's shares rallied on the back of bid talk and hopes that the beginning of the end of the Gulf of Mexico oil leak is in sight. BP said the cost of the clean-up in the Gulf of Mexico has risen to $3.5bn from $3.12bn a week ago
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