London close: Footsie clings to lead
9th Dec 2010 16:40
A weak morning session on Wall Street did London no favours Thursday, although the big banks helped the leading index to only its second close above 5,800 in over three weeks. Barclays, Lloyds and Royal Bank of Scotland were top of the pile. HSBC also did well, but fellow Asia-focused player Stand
Read moreLondon afternoon: Banks help index advance
9th Dec 2010 14:42
A mostly better banking sector, gains for some of the mining heavyweights and a decent start on Wall Street are offsetting losses among the big retailers. Lloyds, Royal Bank of Scotland and Barclays are going well following a good session in overseas markets, though Asia-focused Standard Chartered
Read moreLondon midday: Shares steady as Bank holds rates
9th Dec 2010 12:13
The midday announcement that interest rates and quantitative easing will remain unchanged surprised no one and shares remain little changed. Banks and miners are going well. Platinum specialist Lonmin, copper miners Antofagasta, Kazakhmys and ENRC are also in demand, as are the Australian iron ore
Read moreLondon open: Miners on the march
9th Dec 2010 08:44
The leading share index is posting good gains this morning, with the mining sector on the march as metals prices advance. Platinum specialist Lonmin leads the FTSE 100 higher. Copper miners Antofagasta, Kazakhmys and ENRC are also in demand, as are the Australian iron ore duo Rio Tinto and BHP Bill
Read moreLondon pre-open: Blue chips set for early push
9th Dec 2010 07:37
Overnight strength on Wall Street looks like spreading over here this morning, with futures prices pointing to a charge back above 5,800. The FTSE 100 is expected to add more than 40 points when trading starts, according to City forecasters. As expected, "extremely difficult" market conditions and
Read moreThursday tips round-up: Moss Bros, Rockhopper, Domino's
30th Sep 2010 06:48
Moss Bros, which hires and sells men's suits, delivered a mixed bag for the six months to 31 July. It has no debt and analysts tip it return to profitability in the year to January 2012. So hold on, says the Independent. There will no doubt be a lot of back slapping at Rockhopper Exploration's ann
Read moreSales and losses up at Moss Bros
29th Sep 2010 08:26
Sales rose but so did losses at suit retailer Moss Bros in the first half of the year. Pre-tax losses in the half year to July rose to £3.35m from £3m, even though revenues picked up to £56.3m from £52.1m, with like-for-like sales up 11.6%. Underlying profits fell to £0.1m from £0.6m. Trading sinc
Read moreMoss Bros Group Names Piggott As Finance Director
28th Jun 2010 10:02
LONDON (Dow Jones)--Moss Bros Group PLC (MOSB.LN), a suit specialist, Monday announces the appointment of Robin Piggott as Group Finance Director, with effect from June 28. MAIN FACTS: -Piggott will take over the role from Bryan Portman, who has been interim finance director since April.
Read moreCity of London founder buys shares
16th Apr 2010 16:43
City of London Investment Group founder Barry Olliff has acquired 50,000 shares in the asset management company. Olliff, who is chief executive, paid 265p a share, making his investment £132,500. Olliff, who owns 19.9% of AIM-quoted City of London Investment, has been a seller in recent months.
Read moreLondon close: Footsie breaks 5,700
25th Mar 2010 16:14
Shares kept moving north through the afternoon session as Wall Street's march towards 11,000 helped propel the Footsie past 5,700 to a fresh 21-month high. London's leading index, which hasn't closed this high since 18 June, was headed by Thomas Cook as investors booked into the travel company foll
Read moreLondon afternoon: Sunny outlook for Thomas Cook
25th Mar 2010 14:31
Footsie continued its upward trajectory over the lunchtime session, receiving a boost from the firm start on Wall Street. Tour operator Thomas Cook has moved to the top of the Footsie leaderboard after it echoed bullish comments from rival TUI about holiday bookings. The travel giant has reported
Read moreLondon midday: Footsie above 5,700
25th Mar 2010 12:06
Footsie has climbed above 5,700 for the first time since June 2008 as a string of updates from the retail sector are mostly well-received. Next leads the risers in the FTSE 100. Pre-tax profits soared in 2009 after the desperate consumer environment the fashion retailer feared at the beginning of t
Read moreLondon open: Footsie higher as retailers reassure
25th Mar 2010 08:44
Footsie has opened steadily as investors mull the implications of the Budget and a series of updates from the retail sector. Pre-tax profits soared at Next in 2009 after the desperate consumer environment the fashion retailer feared at the beginning of the year failed to materialise. Pre-tax profi
Read moreMoss Bros losses narrow
25th Mar 2010 07:57
Menswear retailer Moss Bros saw losses narrow in the year to January 30 after seeing an improvement in trading in the second half of the year. The company, which specialises in suits, posted a pre-tax loss of £3.9m before exceptional items, compared with £5m the previous year. Revenues slipped to £
Read moreMoss Bros looking for new finance director
14th Jan 2010 09:47
Moss Bros announced that it is looking for a new finance director after Michael Hitchcock resigned from the position to seek new corporate challenges. Hitchcock, who joined the menwear retailer in October 2006, will be leaving the company with effect from 30 April 2010. The group said it has app
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