London afternoon: Deficit narrows
14th Jan 2011 15:15
A recovery on Wall Street has helped London narrow losses, although the leading index is in danger of ending the week below 6,000. Miners are still lower amid speculation that commodity hungry China may raise interest rates to cool inflation. The economic powerhouse has lifted reserve requirements
Read moreLondon midday: Mining retreat drags FTSE 100 lower
14th Jan 2011 12:11
FTSE 100 is now firmly in the red as miners retreat amid speculation that commodity hungry China may raise interest rates to cool inflation. The east Asian economic powerhouse has lifted reserve requirements on banks, underlining its determination to deal with inflation. Meanwhile, an increase in
Read moreLondon open: Intel results give ARM a leg-up
14th Jan 2011 08:37
Leading shares are mixed at the outset leaving the blue-chip index barely changed. Sparkling results after the bell in New York yesterday from chip-maker Intel has whetted appetite for chip designer ARM Holdings. The stock smashes its way to another 52-week high and is up 40% over the last month.
Read moreLookers in top gear
14th Jan 2011 08:11
Lookers will beat its own expectations for the full-year and deliver results at the top end of analysts' forecasts after the car dealer's strong run continued through the fourth quarter. It had already done good business in the first nine months of the year, predicting bumper results back in Octobe
Read moreSunday tips round-up: Lookers, Providence, New Britain...
31st Oct 2010 13:04
Car dealer Lookers is continuing to trade ahead of expectations - and it looks like earnings upgrades are in prospect. Trading is ahead of last year and is better than the company's own budget. The shares are trading on a December 2010 earnings multiple of 10.2, falling to 9.2 next year and yieldi
Read moreLookers boosted by strong September
29th Oct 2010 14:09
Car dealer Lookers will beat market forecasts this year after both sides of its business enjoyed a strong third quarter. The critical month of September was buoyant, it added, and consequently group results for the three months and the nine months are ahead of both budget and the prior year. The
Read moreThursday tips round-up: Carillion, Xstrata, Big Yellow
8th Jul 2010 06:17
Carillion has been working to shed its traditional image as a construction company and accelerated the shift towards support services. The strategy appears to be paying dividends, at least according to yesterday's trading update. While economic uncertainties remain a worry for almost any business yo
Read moreUK SMALLCAP ROUNDUP: Photo-Me Eyes "Futuristic" Photos Boost
7th Jul 2010 16:00
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PHOTO-ME INTERNATIONAL PLC (PHTM.LN), a photo booth operator, said a significant proportion of future revenue is set to come from its "futuristic" photo boot
Read moreUK SMALLCAP ROUNDUP: Aveva Eyes Boost From BP Gulf Spill
7th Jul 2010 12:30
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AVEVA GROUP PLC (AVV.LN), a maker of engineering software, said Wednesday that safety concerns following the Gulf of Mexico oil spill will likely increase de
Read moreUK SMALLCAP ROUNDUP: DS Smith To Acquire France's Otor
7th Jul 2010 09:30
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps DS SMITH PLC (SMDS.LN) Wednesday said it agreed to acquire a French packaging business from Carlyle Group LP for EUR247 million to bolster its presence in co
Read moreLookers expects better results
7th Jul 2010 08:32
Car dealer Lookers said result for the half year is expected to exceed management's expectations. The group said all divisions are currently performing ahead of plan, with the independent Parts Division continuing to deliver record results. The Motor Division has continued to deliver trading res
Read moreLookers Sees 1H Results Ahead Of Own Views On Strong Trading
7th Jul 2010 07:46
LONDON (Dow Jones)--Car dealer Lookers PLC (LOOK.LN) Wednesday said it expects first-half results to exceed management's expectations due to ahead of plan trading at all its units, with its parts division continuing to report record results. Chief Executive Peter Jones said the firm expects reco
Read moreH.R. Owen Buys Lookers Audi Franchise For GBP1.1M
29th Jun 2010 12:00
LONDON (Dow Jones)--H.R. Owen Plc (HRO.LN), a franchised motor dealer, announced Tuesday it has acquired the business and assets of the Audi afters ales franchise at Burr Road, Wandsworth, London from The Dutton-Forshaw Motor Company Limited, a subsidiary of Lookers Plc (LOOK.LN) for a consideration
Read moreSunday tips round-up: Hogg Robinson, Lookers, Shell
13th Jun 2010 11:08
Hogg Robinson specialises in corporate travel, helping firms organise employees' business trips as smoothly as possible. Its shares have not had a good recession. Trading at more than 60p in September 2008, they plunged to 5p in January 2009 and have been hovering near today's 30p for most of this
Read moreWellstream boss cuts stake
10th Jun 2010 16:49
Gordon Chapman, chief executive of oil services firm Wellstream, has raised £753,000 from the sale of a total of 150,000 shares. The shares were sold at 518p, 496p and 500p - the majority were sold at the latter price. This is well above the April 2007 flotation price of 320p a share but well belo
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