FTSE 250 movers: Zinc deal boosts Talvivaara
25th Jan 2010 11:06
Shares in Talvivaara jumped after the Finnish metals group said it has reached an agreement to supply 1.25m tonnes of zinc to Belgium's Nyrstar. Pub groups are in demand with JD Wetherspoon and Marston's among the top 10 risers. Oil-related stocks are going well, with explorer and producer Herita
Read moreFTSE 250 movers: Citi builds up Redrow
16th Dec 2009 11:09
Redrow is leading the risers in the FTSE 250 after broker Citigroup raised its rating on the housebuilder to 'buy'. The broker thinks underlying sectors in the sector augur well for the future. Redrow's peer Barratt also upgraded to 'buy' is another strong riser. Drax is powering ahead. The power
Read moreFriday tips round-up: Go-Ahead, Halma, Marston's
4th Dec 2009 06:40
Bus and train group Go-Ahead is retaining some legacy contracts at Heathrow that are scheduled to run until 2011, and it is holding on to the Meteor car parking business, but the focus is firmly on public transport. Cue the acquisition of Plymouth CityBus, which has a fleet of more than 170 buses
Read moreLondon close: Miners eclipse banks to send index lower
3rd Dec 2009 16:35
London closed on a low note as a good day for bank shares was offset by dips for the miners and oil groups. Banking shares marched forward despite an assertion by influential US bank Goldman Sachs that commodity prices are set to rise in 2010. Goldman Sachs also seems to be out of step in its view
Read moreFTSE 250 movers: Google property plans spook Rightmove
3rd Dec 2009 12:36
Shares in Rightmove have been hit by a report that internet search giant Google is considering entering the UK property market. The Financial Times said Google, having launched a property website in Australia in August, aims to enter the UK market next year. Investors have raised a glass to improv
Read moreLondon midday: Shares lack direction
3rd Dec 2009 12:11
Banking shares are still marching forward but gains are countered by weakness among miners, despite an assertion by influential US bank Goldman Sachs that commodity prices are set to rise in 2010. Goldman Sachs also seems to be out of step in its view of banks today, having downgraded the sector to
Read moreLondon open: Banks lead risers, RBS down
3rd Dec 2009 08:21
Barclays and Lloyds are leading London's top stocks higher in early dealings on Thursday, though Royal Bank of Scotland is an exception. RBS has dropped on news that that the bank's board is threatening to resign en masse if Alistair Darling will veto the group's £1.5bn bonus pot. On the positive
Read moreMarston's bullish after tough year
3rd Dec 2009 07:24
Pub group and brewer Marston's posted a sharp fall in profits in the year to 3 October, but these were ahead of previous expectations and the company said the improving trend of the second half has continued in recent weeks. The company, which has about 2,200 pubs across England and Wales, said pre
Read moreThursday preview: Kingfisher, Halma, Marstons
2nd Dec 2009 17:57
DIY group Kingfisher, owner of the B&Q brand, gives an update on Thursday on third quarter sales. The situation at the half-year stage was not as bad as might have been expected given the moribund state of the UK housing market. Indeed, the company may have benefited from the trend for householder
Read moreLondon close: Footsie rallies above 5,300
1st Dec 2009 16:14
Strength in the US, a record gold price and fight back by the banks had London at session highs by the close of play. Markets decided that fears about Dubai's debt have been overdone. State-owned Dubai World said it had held "constructive" talks with banks and flagged plans to restructure nearly ha
Read moreLondon afternoon: Triple digit gain for Footsie
1st Dec 2009 14:59
Leading shares kicked on again in the afternoon session after US markets opened firmer, with the number of Footsie constituents showing a loss on the day being countable on the fingers of one hand. Mining stocks are going well on hopes of a sustained recovery in Chinese manufacturing. Silver miner
Read moreLondon midday: Footsie consolidates gains
1st Dec 2009 12:00
London is participating in a global rally by stock markets, as doubts over the Dubai debt crisis ease. Buoyant manufacturing data from China is lifting miners. HSBC said the Purchasing Manager's Index (PMI) for China climbed to a seasonally adjusted 55.7 in November from 55.4 in October. The index
Read moreLondon close: Tough day for Footsie
22nd Oct 2009 16:41
Blue chips rallied late in the day, but it was a tough session generally with miners and insurance companies under pressure. Telcos led the rally with Vodafone, British Telecom and satellite group Inmarsat all making gains near the close. Lloyds was also a late riser as on reports that it is close
Read moreLondon afternoon: Stocks stuck at lower levels
22nd Oct 2009 14:10
The Footsie finished the lunch-time session little changed from where it started it, despite mining stocks trimming losses sustained in the morning. Mining giant Anglo American is actually higher on the day after it announced plans to divest assets, including its zinc and tarmac operations, as it
Read moreFTSE 250 movers: Pub groups in demand
22nd Oct 2009 13:19
Pub groups are the star performers as they celebrate a victory over pressure group the Campaign For Real Ale (CAMRA) after the Office of Fair Trading found no evidence to support CAMRA's assertion that the beer tie arrangement inflates the price of a pint of beer by around 50p. Enterprise Inns and
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