FTSE 250 movers: Consumer stocks in demand
2nd Oct 2009 13:47
Among the risers are baby products retailer Mothercare, drinks firm Britvic, McBride, which makes household and personal care products for supermarkets to sell under their own name, and pork products supplier Cranswick. Engineer Morgan Crucible is the heaviest faller. FTSE 250 - Risers Rathbone Br
Read moreFTSE 250 movers: McBride sparkles after results
3rd Sep 2009 08:44
McBride, which makes cleaning, laundry and personal care products for supermarkets to sell under their own names, is shining after the firm said it increased market share in its main European markets and lifted pre-tax profits. Electronic component distributor Premier Farnell is lower after second
Read moreLondon open: Footsie starts flat
3rd Sep 2009 08:17
Footsie is flat in early deals with miners pushing the markets in one direction and financials and defensives dragging it the other. Amongst the major risers so far are miners Randgold Resources, Lonmin, Xstrata, Kazakhmys, Rio Tinto, Fresnillo and Vedanta Resources. the big fallers are RSA Insuran
Read moreLondon pre-open: Small fall ahead
3rd Sep 2009 07:37
London's top stocks look set to add to yesterday's losses, though traders expect only a 10 points drop early on. HMV reported a 1.8% drop in total like-for-like sales in the 18 week period since the end of April in what the entertainment media group called a tough consumer environment. Separately,
Read morePrivate-label products boost McBride profits
3rd Sep 2009 07:17
McBride's private-label products helped the personal care products supplier to post a rise in profits for the year. The group said its Private Label has grown share in all its markets, with Western Continental Europe performing particularly well and good growth in France and Italy. Pre-tax profit
Read moreWeek ahead: McBride, Hays, Hargreaves Lansdown
28th Aug 2009 12:21
Only four days of trading next week due to the bank holiday on Monday. McBride, the own private label household and personal care products supplier, will unveil its final results on Thursday, expecting to show underlying profits of no less than £35m after better than expected fourth quarter revenu
Read moreLondon close: US gains lift Footsie
24th Jun 2009 16:36
After a lacklustre start to the day, the FTSE 100 finished with good gains, helped by a strong performance on Wall Street. US stocks were helped by a rise in durable goods orders, which climbed 1.8% in May, against expectations of 0.9% fall. Miners Kazakhmys, ENRC and Vedanta were in demand on the
Read moreComment: McBride cleans up in tough times
24th Jun 2009 14:39
Since the onset of the credit crunch, there has been much talk about cash-strapped consumers stocking up on supermarkets' own-label products rather than paying extra for branded items. That tendency was confirmed today by McBride, the private label household and personal care products supplier, whi
Read moreFTSE 250 movers: Car dealer Inchcape races ahead
24th Jun 2009 14:36
There were big gains for the market Wednesday, with healthy results pushing the mid-cap index sharply higher. Sales slumped at Inchcape during the five months ended 31 May, but the car dealer's shares still motored ahead. It said second quarter pre-tax profit should be "significantly" ahead of the
Read moreLondon afternoon: Rally gains momentum
24th Jun 2009 14:29
A positive start by Wall Street has encouraged a surge by leading London equities, pushing the Footsie higher. Kazakhmys, ENRC and Vedanta are all in demand on the back of higher metal prices. Elsewhere in the sector Anglo American is wanted on rumours that Xstrata's merger approach has alerted Val
Read moreLondon midday: Miners give Footsie a leg-up
24th Jun 2009 11:59
Leading shares remain mixed with a moderately firmer bias, thanks largely to a buoyant mining sector. Anglo American is the best performer on rumours that Xstrata's merger approach has alerted Vale from Brazil and Rio Tinto's erstwhile partner Chinalco to the possibility that a deal could be done.
Read moreLondon open: Footsie marks time
24th Jun 2009 08:34
Early gains for the blue chip index have been pulled back by the combination of ex-dividend reductions and a gloomy results statement from Comet owner Kesa. Anglo American is the best performer on rumours that Xstrata's merger approach has alerted Vale from Brazil and Rio Tinto's erstwhile partner
Read moreLondon pre-open: Modest rally expected
24th Jun 2009 07:42
The late swoon by Footsie yesterday looks set to be reversed at the outset, with City traders predicting the blue-chip index will open around 22 points higher. Huge one-off costs sent electrical goods retailer Kesa deep into the red last year. Ignoring one-off charges, profits tumbled to £77m (2008
Read moreMcBride boosted by fourth quarter
24th Jun 2009 07:33
McBride, the own private label household and personal care products supplier, expects underlying profits this year of not less than £35m after better than expected fourth quarter revenues. "Group revenues in the fourth quarter (to 30 June) are stronger than the previous quarter reflecting continuin
Read more