London 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
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