Moneysupermarket.com sees better third quarter
16th Nov 2009 07:40
Price comparison website Moneysupermarket.com reported its best performance of the year over the third quarter as trading levels stabilised. While revenues within the money section were down by 40% from the same period the previous year, they were up by 10% compared with the quarterly rate over the
Read moreL&G non-exec buys
5th Aug 2009 17:01
Legal & General non-executive director Ronaldo Schmitz has bought shares worth nearly £100,000 in the insurer. Schmitz acquired 160,000 shares in five separate transactions at a price range of 62.05p-65.4p each. His holding has now increased to 297,000 shares. Yesterday L&G tumbled after posting a
Read moreWednesday tips round-up: Legal & General, Marston's, Drax
5th Aug 2009 06:40
Life insurance is a complicated business, says Legal & General's chief executive Tim Breedon, adding that that explains the relative cheapness of his company's stock. The shares got even less expensive yesterday, when they fell 4.75% after the group's first-half results. Complicated accounting proc
Read moreFinancial crisis hits Moneysupermarket.com
4th Aug 2009 08:16
Price comparison website moneysupermarket.com saw first half profits slump from the same periods the previous year as it felt the impact of the financial crisis that erupted between the two periods. The firm posted a pre-tax profit of £1.9m in the six months to June 30 compared to £14.4m in the sam
Read moreLondon close: Late rally fizzles out
6th Jul 2009 16:37
Footsie made a brief attempt to lift itself into the blue in late trading but finished where it spent most of the day: firmly in negative territory. Declining metal and oil prices took their toll on resource stocks. Copper miners Lonmin and Kazakhmys are among the big fallers, despite both stocks b
Read moreLondon afternoon: Defensives in favour as stocks slide
6th Jul 2009 14:26
Footsie is halfway to a triple digit fall as resource stocks drag the market lower, with many pundits suggesting that the market may have bounced back too far since it reversed course in March. Declining metal and oil prices are taking their toll on resource stocks. Copper miners Lonmin and Kazakhm
Read moreFTSE 250 movers: Moneysupermarket update cheers market
6th Jul 2009 12:33
Price comparison website Moneysupermarket.com is going well after saying results for the third quarter are in line with expectations after a mixed third quarter. The firm's travel operations were among the strong performers. EasyJet gain altitude after the airline said it carried 0.8% more passenge
Read moreLondon midday: Miners drag Footsie down
6th Jul 2009 12:07
Resource stocks have dragged Footise lower and with Wall Street predicted to open lower there is little prospect of a transatlantic boost in the afternoon session. Declining metal and oil prices are taking their toll on resource stocks. Copper miners Lonmin and Kazakhmys are among the big fallers,
Read moreLondon open: Weak start for Footsie
6th Jul 2009 08:56
London has opened sharply lower in early deals as traders await the return of Wall Street, back after Friday's Independence Day holiday. Miners are the worst performers after concern that the poor US jobs data heralds more economic woe for the country. Xtrata, Rio Tinto, Lonmin and Fresnillo are wo
Read moreLondon pre-open: Stocks seen slipping
6th Jul 2009 07:34
The futures market indicates London could lose around 25 points in early deals as traders await the return of Wall Street, back after Friday's Independence Day holiday. The Dow Jones, which fell over 200 points on Thursday following terrible jobs data, is currently seen extending losses when it re-
Read moreSteady as she goes at Moneysupermarket
6th Jul 2009 07:04
Price comparison web site Moneysupermarket.com is trading in line with the board’s expectations, with little change in performance levels since the company’s statement in April. The company said in April that trading had stabilised after a sharp drop in revenues in the first quarter. Chief executi
Read moreTullett Prebon chief exec spends £1.1m
29th Jun 2009 17:11
Tullett Prebon's chief executive Terry Smith has spent more than £1m upping his stake in the interdealer broker. He bought 439,731 shares at 267p a time and now has about 9.2m, which is 4.3% of the firm. He was joined by finance director Paul Mainwaring who took 103,683 shares at 268.9p a time. T
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