FTSE 100 movers: Real estate stocks on the rise
18th May 2011 14:54
Property giant Land Securities is towering above the rest of the FTSE 100 after it posted a sharp rise in profits and net asset value in the year to 31 March and predicted continued growth as the recovery proceeds. Pre-tax profits climbed to £1.227bn from £1.069bn the previous year, while the net as
Read moreBroker tips: BG, BATS, Land Securities
18th May 2011 12:57
UBS upgrades oil and gas firm BG Group to a 'buy', from 'neutral', following the group's recent share price weakness since its disappointing first quarter results. Share are 7% lower since the its first quarter figures were announced last week, and are 15% off highs in April as oil prices have cons
Read moreBroker snap: More to come at Land Securities
18th May 2011 12:40
Peel Hunt says that Land Securities' full-year figures were significantly better and expects more to come, saying that there appears to be little "drag factors" in the results. The property giant reported that adjusted net asset value (NAV) per share as up dramatically in the second half (+12.1%) t
Read moreLondon midday: Stocks keep gains
18th May 2011 12:10
Stocks are holding onto their gains after a strong start. Property giant Land Securities towering above the rest of the FTSE 100 after it posted a sharp rise in profits and net asset value in the year to 31 March and predicted continued growth as the recovery proceeds. Pre-tax profits climbed to £1
Read moreLondon open: Stocks rally after Wall Street recovery
18th May 2011 08:40
The top share index has rallied following the recovery on Wall Street ahead of the close last night. Property giant Land Securities towering above the rest of the FTSE 100 after it posted a sharp rise in profits and net asset value in the year to 31 March and predicted continued growth as the recov
Read moreLand Securities sees continuing recovery
18th May 2011 08:20
Property giant Land Securities posted a sharp rise in profits and net asset value in the year to 31 March and predicted continued growth as the recovery proceeds. Pre-tax profits climbed to £1.227bn from £1.069bn the previous year, while the net asset value per share was up to 885p from 750p. Pro
Read moreLondon close: Footsie finishes just shy of 6,000
15th Apr 2011 16:52
Footsie finished on or around its high point for the day but just shy of the 6,000 level. Risers outnumbered fallers by about three to one among FTSE 100 constituents, with resource stocks featuring prominently among the laggards. Real estate investment trusts British Land and Land Securities led
Read moreLondon midday: Banks dull after Ireland downgrade
15th Apr 2011 12:02
The top share index failed to regain the 6,000 level in the morning, but came close before subsiding just before midday. Banks are dragging the index lower, offsetting good gains among property companies. Banks such as Royal Bank of Scotland, Lloyds and Barclays are off the pace as sentiment sour
Read moreFTSE 100 movers: ABF warns on consumer demand
28th Feb 2011 13:53
Associated British Foods is leading the market lower. The British Sugar and Primark owner says that its interim figures will be in line with expectations but it warns of weakening UK consumer demand and rising cotton prices hitting margins. HSBC doubled its profits to over $19bn last year but it
Read moreFTSE 100 movers: Miners lead the fall
23rd Feb 2011 14:20
Declining metals prices have pushed Antofagasta, Xstrata and Fresnillo lower. Consumer packaging giant Rexam has been hit by profit-taking even though it grew underlying profit by a bigger than expected 45% in 2010 and expects further progress this year. Profit before tax and exceptional items jum
Read moreFTSE 100 movers: Contract concerns for BAE
22nd Feb 2011 12:23
Although the FTSE 100 is off its low for the day it remains well down. Worries about potential cancellations of defence projects hit BAE Systems. Rising oil prices have knocked International Consolidated Airlines Group. BHP Billiton has regained its early losses after it announced the acquisit
Read moreLondon close: FTSE 100 shrugs off mining weakness
16th Feb 2011 16:47
The top share index retained its strength to close with good gains, in spite of weakness in the mining sector. Rocketing commodity prices meant record profits for BHP Billiton in the first half, bankrolling a huge investment programme and share buyback scheme, but the shares still fell. Profit a
Read moreLondon afternoon: Stocks consolidate gains
16th Feb 2011 14:20
Footsie finished the lunchtime session barely changed from where it started it after an attempt to extend gains fizzled out. Rocketing commodity prices meant record profits for BHP Billiton in the first half, bankrolling a huge investment programme and share buyback scheme. Still, the shares are
Read moreFTSE 100 movers: BHP falls after bumper figures
16th Feb 2011 12:52
Rocketing commodity prices meant record interim profits for BHP Billiton plus a huge investment programme and share buyback scheme but the share price still fell. Profit attributable to shareholders jumped 72% to US$10.5bn (£6.5bn) on revenue up 39% to $34.2bn. The group announced an ambitious inv
Read moreThursday tips round-up: Asos, Land Securities, JD Wetherspoon
20th Jan 2011 06:33
Shares in the online fashion retailer Asos have almost quadrupled since February, but some brokers believe they are near their peak. If Asos can continue its explosive growth, then that massive rating is justified and one day we could be looking at our own Amazon or eBay. But this is not a stock fo
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