London open: Banks and miners lead fall
17th Dec 2009 08:49
Weak miners and banking shares are leading London's top stocks lower in early dealings on Thursday. UK shares were expected to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay
Read moreLondon pre-open: Weak start on the cards
17th Dec 2009 07:35
UK shares looks set to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay low for some time, although it upgraded its estimate for the US economy and will continue to rein back s
Read moreMcBride's operating profit to beat forecasts
17th Dec 2009 07:27
Personal care products group McBride expects operating profit in the first half to exceed forecasts. First half revenues are expected to be ahead of last year driven by continuing growth in the France and Italy household markets, and in personal care, as well as a favourable currency translation i
Read moreLondon close: Footsie down but above 5,000
3rd Nov 2009 16:24
London's blue chips ended off session lows and back above the 5,000 level, helped by positive reaction to announcements from Lloyds Banking and Legal & General. Royal Bank of Scotland (RBS) remained resolutely out of favour, however, as the market reacted negatively to the revised terms of its part
Read moreLondon afternoon: Market licking its wounds
3rd Nov 2009 14:11
The FTSE 100 index clawed its way back above the 5,000 level over the lunch-time session, helped by positive reaction to announcements from Lloyds Banking and Legal & General. Royal Bank of Scotland (RBS) remains resolutely out of favour, however, as the market reacted negatively to the revised ter
Read moreMcBride CEO named new DS Smith boss
3rd Nov 2009 13:00
Personal care products group McBride is looking for a new chief executive after Miles Roberts tendered his resignation to take up the same position at cardboard and paper supplier DS Smith. DS Smith said Roberts, who has a twelve-month notice period at McBride, is expected to take up his position d
Read moreTuesday tips round-up: UK Coal, Centamin Egypt, H&T
27th Oct 2009 06:02
Britain's largest coal miner gave a sombre update yesterday with the news of another death at one of its mines. The fatality at its Kellingley mine has halted production for a week. UK Coal also has more than 40,000 acres of land, where it used to have working mines. Much of the land is agricultural
Read moreLondon close: Footsie suffers reversal of fortunes
26th Oct 2009 16:21
Stocks had looked like making a decent start to the week, but a dramatic and sudden sell-off on Wall Street quickly sent London into the red. The Dow Jones turned an early three-digit gain into a 100-point loss as US analyst Dick Bove downgraded Fifth Third Bancorp, SunTrust Banks and US Bancorp.
Read moreLondon afternoon: Stocks get lift from Wall Street
26th Oct 2009 14:20
After crawling higher throughout the morning session London's leading shares received a boost from a firm start on Wall Street. The market is buoyant despite weakness in the banking sector, where the market is holding its breath for the anticipated cash call by Lloyds Banking. Elsewhere in the sect
Read moreFTSE 250 movers: McBride cleans up
26th Oct 2009 13:05
Shares in McBride, which supplies items such as deodorant and bleach for supermarkets to sell under their own labels, have jumped after it said revenues in the period between 1 July and 25 October rose by 7% from the same period the previous year as shoppers continued looking for higher value. Shar
Read moreLondon midday: Shire gives Footsie boost
26th Oct 2009 12:03
Footsie is sitting just above the zero mark, with drug group Shire given a boost by some positive regulatory news. Shire is one of the top risers after it announced that the US Food and Drug Administration (FDA) has affirmed its prior decision to grant five-year New Chemical Entity (NCE) exclusivit
Read moreLondon open: Shire drags FTSE higher
26th Oct 2009 08:36
Miners and drug group Shire are giving Footsie a lift in early dealings on Monday. Lonmin, Rio Tinto and Anglo American are among the best performing miners. Pharma firm Shire is leading the risers after it announced that the US Food and Drug Administration (FDA) has affirmed its prior decision to
Read moreLondon pre-open: Shire boosted by FDA decision
26th Oct 2009 07:47
It is a quiet start for the week on the corporate front for London. Pharma firm Shire announced that the US Food and Drug Administration (FDA) has affirmed its prior decision to grant five-year New Chemical Entity (NCE) exclusivity to lisdexamfetamine dimesylate, currently marketed by Shire US for
Read moreMcBride trading beats expectations, share jump
26th Oct 2009 07:01
Shares in McBride, which makes personal care and household products for supermarkets to sell under their own name, jumped after it said trading was ahead of expectations in the four months to 25 October. Revenues in the period between 1 July and 25 October rose by 7% from the same period the previo
Read moreIndigoVision boffin spies selling opportunity
9th Oct 2009 16:47
IndigoVision's chief technical officer Barry Keepence has cut his holding in the CCTV group after a sharp spike in the share price since August. It is Keepeace's second sale of a small parcel of shares recently. In June, he sold 10,000 shares at 415p. The group, which uses internet-based digital t
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