London midday: London on a Sky high
29th Apr 2010 12:14
Traders are too busy digesting a full schedule of corporate announcements to worry about sovereign debt issues, as the Footsie makes another attempt at clawing back some of the heavy losses sustained on Monday. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is the top perform
Read moreLondon pre-open: Early rise ahead
29th Apr 2010 07:37
London's top stocks are expected to open higher as investors mull a number of company statements out this morning. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) saw subscriber numbers improve by a better than expected 62,000 in the first three months of 2010, with average re
Read moreMcBride trading in line
29th Apr 2010 07:19
Personal care products group McBride announced that overall trading for the four months to 28 April has been in line with expectations. Group revenues in the four month period rose by 2% from the same time a year before on a reported and constant currency basis. McBride said growth has continued t
Read moreLondon close: Footsie at 22-month high
15th Apr 2010 17:12
The afternoon saw many leading shares consolidate or extend the morning's gains, solidifying the Footsie's position above 5800. Banks led the advance after better than expected results from US investment bank JP Morgan yesterday. Barclays received a boost from Execution Noble, which raised its targ
Read moreLondon afternoon: Brokers boost banks
15th Apr 2010 14:25
Footsie is keeping its head above 5800, climbing a bit further over the lunch time session despite expectations of a soft start on Wall Street. After better than expected results from US investment bank JP Morgan yesterday investors are keen on UK banks such as Barclays, Royal Bank of Scotland and
Read moreLondon midday: Flat Footsie
15th Apr 2010 11:50
Leading shares remain mixed , with laggards among FTSE 100 constituents now marginally outnumbering leaders. Experian is the worst performing blue-chip. The credit checking firm saw revenues from continuing operations rise for the six months to March but revenues at its UK operations fell in the pe
Read moreLondon open: Modest gains
15th Apr 2010 08:43
London's benchmark index has kicked off with modest gains with banks proving popular early on. Investors are keen on the likes of Barclays, Royal Bank of Scotland and HSBC Holdings But they seem unsure about Rio Tinto, which released a first quarter update. The group said its operation continued
Read moreLondon pre-open: Shares to rise
15th Apr 2010 07:33
London's leading shares are poised to begin with good gains, with traders eyeing a 22 point rise in opening deals. McBride, which makes personal care products for supermarkets to sell under their own label, has appointed an executive from the food and household goods giant Unilever as its new chief
Read moreMcBride unveils Unilever's Chris Bull as new chief exec
15th Apr 2010 07:04
McBride, which makes personal care products for supermarkets to sell under their own label, has appointed an executive from the food and household goods giant Unilever as its new chief executive. Chris Bull, the chief customer officer for Unilever, will take up the reins at McBride from May 4. Mc
Read moreUnilever boss Paul Polman takes another bite
30th Mar 2010 15:14
Paul Polman, chief executive at Unilever, has been stocking up on shares in the Anglo-Dutch food and household goods giant, spending more than £360,000. He took 19,000 shares at 1,898.9p a time. A spokesperson for the company said this takes his holding to 54,448 shares. Polman was appointed as Un
Read moreMcBride boss pockets £450,000
24th Feb 2010 15:51
Miles Roberts, the chief executive of own-label household goods maker McBride, has pocketed nearly £450,000 from the sale of most of his shares in the company. He offloaded 195,000 shares at 230p a time, leaving him with just 10,473. He still has interests in 445,998 LTIPs (long term incentive plan
Read moreFriday tips round-up: Savills, Wood Group, McBride
18th Dec 2009 06:42
Savills, the upmarket property company, produced a reverse profits warning yesterday, saying its earnings would be appreciably ahead of expectations. Notwithstanding 50 % top rates and supertaxes on bankers' bonuses, it seems the top end of the property market is holding up rather nicely. The share
Read moreLondon close: Banks spooked by higher capital call
17th Dec 2009 16:34
Banks sank on a call for tougher capital requirements and coupled with a weak mining sector it meant a poor day in London. Lloyds Banking took a pasting, while Standard Chartered and Barclays were also among the worst performers. The Basel Committee of central bankers and supervisors called for st
Read moreLondon afternoon: Barclays hit by lawsuit
17th Dec 2009 13:55
Footsie remains deep in negative territory, and with US markets set to open lower, there is no prospect of a boost from Wall Street. Banks and miners are responsible for much of the blue-chip index's fall. Lloyds Banking is leading the fallers, while Standard Chartered and Barclays are also among t
Read moreLondon midday: Shares slip as banks and miners slide
17th Dec 2009 12:09
Falls across the board for the heavyweight bank and mining sectors are keeping Footsie firmly in the red. Lloyds Banking is leading the blue chip fallers, while Standard Chartered and Barclays are also among the worst performers. Among the miners, Antofagasta, Eurasian Natural Resources and Xstrat
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