London close: Footsie edges forward
12th Mar 2010 16:44
The leading share index limped higher to into the weekend only a few points ahead on the week. Lloyds, Royal Bank of Scotland and Barclays gained. Life groups Old Mutual, Legal & General and Standard Life are also in demand. HSBC was the exception among the financials after Goldman Sachs reduced i
Read moreLondon afternoon: Footsie heading higher again
12th Mar 2010 14:05
Futures pointing to a strong start on Wall Street after better than expected retail sales figures and demand for the UK banks have kept Footsie moving upwards. Lloyds, Royal Bank of Scotland and Barclays are all higher. Life groups Old Mutual, Legal & General and Standard Life are also in demand.
Read moreLondon midday: Banks keep Footsie ahead
12th Mar 2010 12:00
Banks are driving Footsie upwards following a sluggish start. Lloyds, Royal Bank of Scotland and Barclays are all higher. Life groups Old Mutual, Legal & General and Standard Life are also in demand. HSBC is the exception among the financials after Goldman Sachs reduced its view to 'neutral' and
Read moreLondon open: Flat start for Footsie
12th Mar 2010 08:39
Early gains have all now evaporated and Footsie has slipped into the red despite a good rally on Wall Street overnight. Financial are the best performers with the nearly all showing good gains. Lloyds, Royal Bank of Scotland and Barclays are all higher. Life groups Old Mutual, Legal & General and S
Read moreLiberty confirms bid talks
12th Mar 2010 07:07
Liberty has confirmed rumours it is talking to potential buyers after receiving approaches to take over the 134-year-old luxury department store group. "At this stage, it is too early for the board to determine whether or not these discussions will result in any formal offer being made for the comp
Read moreTuesday paper round-up: Sterling, Prudential, HSBC
2nd Mar 2010 06:38
The pound suffered its biggest one-day fall for more than a year yesterday amid the prospect of a hung Parliament and growing fears that this will prevent swift and decisive action being taken over Britain's public finances. Sterling crashed by more than four cents at one stage against the US dolla
Read moreSmall caps round-up: Trafficmaster, UK Coal, Xtract Energy
27th Aug 2009 11:43
Satnav group Trafficmaster is still heading higher after growing pre-tax profit by 43% in the first six months of 2009 to £3.4m on revenue up 6% to £28.9m. 'We expect to continue to encounter tough market conditions, but we believe we are well placed to meet expectations for the year,' chief execut
Read moreLondon pre-open: Small drop likely
31st Jul 2009 07:32
London's top stocks are expected to open slightly lower on what is another relatively busy day on the company news front. Traders expects Footsie to drop 6 points early on. British Airways said it will further cut capacity, parking a total of 22 aircraft during winter 2010, as it swung to a loss in
Read moreLiberty mulls expansion
27th Jul 2009 08:03
Luxury department store Liberty is to undergo a review to identify ways the business can expand in the UK and abroad. The firm, which operates an iconic store off London's Regent Street, made the announcement after a report in the Sunday Telegraph said it will this week appoint M&A specialists Cave
Read moreLiberty gets offer for Sloane Street shop
22nd Jun 2009 08:25
Regent Street retailer Liberty has exchanged contracts to surrender the lease on its Liberty of London shop on Knightsbridge's Sloane Street following an unsolicited offer from a European fashion brand. "We received a fabulous offer for our Sloane Street lease completely out of the blue," said chai
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