Canary Wharf Expected To Sign More Deals In Wake Of Shell
10th Jun 2010 12:18
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Canary Wharf Group PLC's letting of 10 floors at 40 Bank Street to Shell International Ltd. is good news for the real-estate company but more tenancy agreements are expected to be announced this summer. Canary Wharf, the main sub
Read moreMarks & Spencer's Rose Paid GBP2.61 Million In Fiscal Year 2010
10th Jun 2010 11:29
LONDON (Dow Jones)--Marks and Spencer Group PLC's (MKS.LN) Chairman Sir Stuart Rose was paid GBP2.61 million for the fiscal year ended March 27, according to the U.K. clothing, homeware and food retailer's annual report, published Thursday. The figure, which includes base salary, benefits, cash
Read moreAukett gets the nod from Land Securities
21st May 2010 08:42
After well received results on Tuesday the share price of Aukett Fitzroy Robinson (AFR) received another boost on Friday as the company announced a contract win. The architects and interior design specialists have been awarded a contract to refurbish a large commercial building in central London fo
Read moreThursday's newspaper round-up: Government, BP, Lloyds
20th May 2010 06:10
Final coalition agreement may include phasing a cut in the headline rate and alternatives to a sharp cut in the rate of capital allowances originally proposed by the Tories, reports the FT. Chancellor wants most competitive corporate tax regime in G20 by cutting rates and reforming rules driving fi
Read moreLondon close: Eurozone worries batter Footsie
19th May 2010 16:36
European concerns were behind sharp falls in shares today as plans by Germany to slap a ban on short-selling of European bonds, credit default swaps and ten of Germany's biggest financial groups spooked investors. German chancellor Angela Merkel's warning that Europe is facing its greatest crisis i
Read moreLondon afternoon: Experian provides isolated cheer
19th May 2010 14:13
Leading shares trimmed their losses over the lunchtime session but the predominant colour on the Footsie leaderboard remains red. Mining companies lead the retreat on fears that Germany's decision to impose an immediate ban on "naked short selling" of euro-denominated government bonds and also cred
Read moreLondon midday: Markets on short fuse
19th May 2010 12:20
Water utility company Severn Trent was the only FTSE 100 constituent to advance during the morning session, as all of the others ended the morning underwater. If the move by Germany's financial regulator to impose an immediate ban on "naked short selling" of corporate debt last night was intended t
Read moreLondon open: Footsie lower on German moves
19th May 2010 08:56
Footsie is lower, but predictions of a bloodbath as investors react to last night's decision by German authorities to act against short-sellers have proved too dramatic. US markets fell heavily on the news, but the reaction from traders last night was more of bewilderment at how German authorities
Read moreLondon pre-open: Sell-off predicted
19th May 2010 07:40
It looks like being a bloodbath in early deals as investors react to last night's decision by German authorities to ban naked short-selling in European public debt and top bank stocks. City experts predict London will lose a quick 89 points after Wall Street racked up a triple-digit loss overnight
Read moreLand Securities sees 'dramatic turnaround'
19th May 2010 07:20
A "dramatic turnaround" in the UK commercial property market saw Land Securities swing strongly back into the black last year with a big increase in the value of its portfolio compared to last year's write-downs. In the year to March, the value of Land Securities' investment properties increased by
Read moreLondon close: Footsie retreats from 21-month high
7th Apr 2010 17:18
An attempted rally by blue-chip stocks petered out in the final hour of trading and the Footsie finished close to its low for the day. Miners were a drag on the index throughout the day though gold miner Randgold Resources was a bright spot. Hedge fund giant Man was the best performer. Last night
Read moreLondon afternoon: Footsie in drift mode
7th Apr 2010 14:46
Footsie is becalmed after a weak start in the US and mixed news on the UK economy. Hedge fund giant Man remains the best performer. Last night the company disclosed that the net asset value of the AHL fund had risen 3.81% last week, prompting brokers Execution Nobel to rush out a 'buy' note, while
Read moreLondon open: Blue chips drift lower
7th Apr 2010 08:51
Blue chips have opened lower following an indecisive performance in the US last night as concerns over the financial health of Greece resurfaced. Hedge fund giant Man is one of the few strong risers alongside property giants Land Securities and Hammerson. Mobile phone giant Vodafone is to launch a
Read moreSunday newspaper round-up: Budget, RBS, Sainsbury
21st Mar 2010 11:03
Alistair Darling will next week endorse plans for a global tax on investment banks and other institutions that pose a "systemic risk", but will rule out using the proceeds to create an insurance fund against future bank failures. The chancellor will use his Budget to give detailed backing to a glob
Read moreLondon close: Footsie suffers hiccup
4th Mar 2010 16:40
The blue chip index failed to stretch its winning streak to a fifth session, falling for the first time this week on negative results reaction and downbeat miners. It held above 5,500 all day despite coming close just after trade began and towards the end of play. Engineering and project managemen
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