FTSE 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
Read moreLondon close: FTSE 100 dives in late trading
19th Jan 2011 16:40
What started as a sluggish day turned into a bit of a bloodbath with the top share index plummeting ahead of the close. Stocks fell in the US after bank Goldman Sachs' net earnings slumped 38% in 2010 due to a substantial fall in profit in the final quarter Here, publishing giant Pearson was the t
Read moreLondon afternoon: Losses trimmed
19th Jan 2011 14:05
Share prices picked up a tad over the lunch time period, but fallers still outnumber risers by more than two to one among FTSE 100 constituents. Publishing giant Pearson is the top blue-chip performer after the FT owner said 2010 earnings will be ahead of previous guidance, as all of its major busi
Read moreFTSE 100 movers: Pearson increases guidance
19th Jan 2011 12:53
Pearson is top performer after the FT owner said 2010 earnings will be ahead of expectations. All of its major businesses did well throughout last year. The educational publisher expects full year operating profits to come in around 20% higher than 2009's level, at about £850m. GlaxoSmithKline h
Read moreLondon midday: FTSE 100 falls back despite cheery updates
19th Jan 2011 12:01
The top share index is still in the red despite well-received company updates, with downbeat news from the retail sector weighing on sentiment. Publishing giant Pearson leads the pack after the FT owner said 2010 earnings will be ahead of previous guidance, as all of its major businesses sustained
Read moreBroker tips: Sage, William Hill, Land Securities
19th Jan 2011 11:51
Financial services firm Matrix says that property giant Land Securities looks the best value of the three large cap London/retail plays at present and places the stock in its 'add' category. The property group highlighted steady progress with lettings in its interim management statement on Wednesda
Read moreBroker snap: Land Secs preferred to peers
19th Jan 2011 10:56
Financial services firm Matrix says that property giant Land Securities looks the best value of the three large cap London/retail plays at present and places the stock in its 'add' category. The property group highlighted steady progress with lettings in its interim management statement on Wednesda
Read moreLondon open: Blue chips flat
19th Jan 2011 08:46
London has made a flat start as investors mull over a stack of results and trading updates. Publishing giant Pearson leads the pack after the FT owner said 2010 earnings will be ahead of previous guidance, as all of its major businesses sustained their strong trading momentum throughout last year.
Read moreLondon pre-open: Results to lift Footsie
19th Jan 2011 07:37
London is expected to start the day with its best foot forward, buoyed by two of the morning's big results announcers upping earnings guidance. City traders expect the Footsie to open around 20 points up from last night's close. Publishing giant Pearson said 2010 earnings will be ahead of previous
Read moreLettings hold up for Land Secs
19th Jan 2011 07:10
Property giant Land Securities saw good lettings across its London and Retail portfolios over the past three months with demand from large firms tipped to remain steady. One New Change, in EC4, London, has now fully let the retail sites with 71% of the office space gone. The £350m Trinity Leeds pr
Read moreLondon close: Banks hold back Footsie
17th Dec 2010 17:03
Shares failed to haul themselves into the blue on a busy day's trading, as worries over the Irish economy spooked banking stocks. Ratings agency Moody's has slashed its credit rating on Ireland by five notches to Baa1 from Aa2 citing concerns over banking liabilities and economic prospects. Lloyd
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