London close: Footsie turns positive
19th Jan 2010 17:22
London's top stocks finished the day above the 5,500 mark after turning positive in afternoon trading. Luxury fashion label Burberry was the best performer of the day after saying it expects profits for the full year to be at the top end of expectations after seeing strong sales in the last three m
Read moreLondon midday: Footsie falls despite Cadbury cheer
19th Jan 2010 12:00
Footsie is in the red, despite strength from Cadbury which has been sweetened by its board's recommendation of a revised offer from US food giant Kraft, as investors mull the latest round of third quarter trading statements. The revised terms for Cadbury are worth around 850p a share and have clea
Read moreLondon open: Weak start from FTSE 100
19th Jan 2010 08:41
London's leading share index has fallen into the red in early dealings after a mixed reception for company updates. Brewer SABMiller and property group Land Securities are among the fallers. Peroni and Grolsh brewer SABMiller saw lager volumes dip slightly in the first nine months of its current
Read moreLondon pre-open: Quiet start on the cards
19th Jan 2010 07:38
There's no lead from Wall Street this morning as US markets were closed for a public holiday yesterday, meaning a flat start for stocks over here. Investors are hoping for news from Dairy Milk maker Cadbury today, which is reported to have fallen to an £11.7bn takeover by US food conglomerate Kraft
Read moreLand Securities reveals £655m of West End schemes
19th Jan 2010 07:03
Land Securities will start £655m of development projects in London this year to take advantage of expected 'good rental growth' in the West End office market. In a third quarter trading update, it said it's in the process of placing construction contracts on three major developments. Building at t
Read moreWeek Ahead: Taylor Wimpey, Land Securities, Kesa
15th Jan 2010 12:03
Taylor Wimpey will kick next week's results schedule off with a trading update that should see a continuation of the stabilisation the housebuilder was seeing back in November. Sector peers Bovis, Barratt Developments and Persimmon have all recently released relatively upbeat trading statements, t
Read moreFTSE 100 movers: Land Securities gets Goldman boost
11th Jan 2010 15:57
Footsie has lost many of its early gains but it remains slightly higher on the day. Property company Land Securities has been added to the conviction buy list of broker Goldman Sachs. That has helped the Land Securities share price and British Land appears to have followed it upwards. Goldman Sa
Read moreBroker tips: Land Securities, Ryanair, Carillion
11th Jan 2010 13:23
Real estate plays are in focus Monday as Goldman Sachs predicts more stable yields and a strong recovery in demand for prime office space. It thinks rising demand for office space, especially in Sweden and the UK, at a time when new supply is limited is likely to lead to a strong recovery in prime
Read moreBroker snap: Goldman backs Land Securities
11th Jan 2010 11:53
Real estate plays are in focus Monday as Goldman Sachs predicts more stable yields and a strong recovery in demand for prime office space. It thinks rising demand for office space, especially in Sweden and the UK, at a time when new supply is limited is likely to lead to a strong recovery in prime
Read moreLondon close: RBS leads the charge
4th Jan 2010 17:12
A strong start to the year on Wall Street gave London a boost, prompting the blue-chip index to finish at its highest point for the day. Part-nationalised lender Royal Bank of Scotland's led the advance after Exane BNP Paribas suggested that 'fundamental (rather than purely speculative) investor in
Read moreLondon afternoon: Buoyant Wall St. lifts London
4th Jan 2010 14:38
Shares added to the morning's gains over the lunchtime session, as investors correctly predicted a firm opening on Wall Street. The sale of Royal Bank of Scotland's Pakistan unit has fallen through after the deal failed to get the necessary regulatory approvals and complete before the 31 December d
Read moreLondon midday: Broker tip lifts RBS
4th Jan 2010 12:10
Leading shares moved into consolidation mode late in the morning session, with resource stocks the best performers. Cairn Energy remains the top gainer on news that the oil explorer has secured a second drilling rig to assist its exploration programme in the Disko West area offshore Greenland in th
Read moreLondon close: Footsie ends year 22% higher
31st Dec 2009 12:48
More gains for FTSE 100 on the last day of 2009 capped a year of strong recovery from the ravages of the economic crisis. The leading share index posted a 22% rise - its best yearly performance since 1997 -as shares recovered from the sharp declines that began as the financial crisis intensified t
Read moreLondon close: Footsie at 15-month high
24th Dec 2009 12:28
Miners pushed London sharply higher in a shortened trading session Thursday, getting the leading index up to 5,400 briefly and to its highest close since September 2008. Silver producer Fresnillo is top of the table on stronger metal prices, with BHP Billiton, Vedanta Resources and Rio Tinto also h
Read moreLondon afternoon: Equities drift lower
20th Nov 2009 22:49
Around two thirds of the Footsie's constituents are in the red today as the blue-chip index looks set to finish the week lower than it started it. US bank Morgan Stanley has rained on the parade of package tour operators Thomas Cook and TUI Travel. The bank has cut its rating on both stocks, prompt
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