FTSE 100 movers: Miners leading the way
18th Apr 2012 13:50
Miners were among the best performers on the Footsie with precious metals group Fresnillo rising strongly. The group this morning hailed a strong start to 2012 with gold production beating its own expectations and silver output being on target. BHP Billiton was wanted after iron ore production at
Read moreLondon midday: Investors show caution after yesterday's strong rise
18th Apr 2012 11:46
- Ex-div stocks weigh on Footsie - MPC minutes: Miles calls for more QE - Eurozone swings to deficit in February - UK jobless rate falls for first time since May 2011 London's FTSE 100 index was trading slightly lower by Wednesday lunchtime following a strong showing from the benchmark yesterday, a
Read moreLondon open: Stocks flat before MPC minutes
18th Apr 2012 08:22
- Supermarkets rise after Tesco's results - BHP, Fresnillo lead miners higher - Markets await MPC minutes London's blue chips opened broadly flat on Wednesday morning despite a strong rise by supermarket and mining stocks. Stocks rose strongly on Tuesday, with the Footsie gaining nearly two per ce
Read moreAegis director makes double sale
12th Apr 2012 16:23
Harold Mitchell, a senior board member of Aegis Group, the FTSE-250 media and digital communications group, has made a double sale of shares in the month following its better-than-expected full year results. Mitchell, who is the Executive Chairman of Aegis Media Pacific, sold 150,000 shares at 5.5
Read moreCranswick says trading on a streak
30th Mar 2012 07:38
Bacon and sausage supplier Cranswick enjoyed a sizzling end to its financial year, with a positive contribution from all product categories. The group said it was pleased with trading in the three months to the end of March which will leave underlying like-for-like sales up 10% in the full year nu
Read moreAsda growing market share as Tesco falters
28th Mar 2012 08:09
Asda is the rising force in the British supermarket war, according to research firm Kantar Worldpanel. Figures covering the first 12 weeks of the year show the Walmart subsidiary now has 17.9% of the UK market, after posting a year-on-year growth rate of 7.8%. This is mainly because it has now inc
Read moreLondon close: Stocks flat as investors digest Budget
21st Mar 2012 16:47
- FTSE 100 unchanged on the day after subdued reaction to Budget - MPC unanimous on interest rates, divided on QE - Weir slumps on negative read-across from Baker Hughes The markets gave a rather muted reaction to today's Budget announced by Chancellor of the Exchequer George Osborne at lunchtime,
Read moreFTSE 100 movers: Retailers rise as stocks react to Budget
21st Mar 2012 15:13
The retailers were on the rise today with Sainsbury leading the charge after fourth quarter like-for-like (LFL) sales beat expectations. Meanwhile, George Osborne's Budget revealed that all-day trading on Sundays will be allowed from July 22nd to coincide with the Olympics and Paralympics, somethin
Read moreLondon open: Stocks rise ahead of Budget
21st Mar 2012 08:48
- Budget expected at 12:30 - Retailers rise, Sainsbury in demand - Serco upgraded by HSBC, Morgan Stanley The Footsie was bouncing back in early trading on Wednesday, following a steep fall the day before as fears about a slowdown in Chinese economic growth fuelled a sell-off in the mining sector.
Read moreLondon close: Chinese fears fuel sell-off
20th Mar 2012 16:26
- Miners drop on Chinese outlook - Glencore to buy Viterra for 3.9bn pounds - Supermarket stocks rise on broker upgrades Concerns about slowing growth in China have dampened sentiment today with miners bearing the brunt of the sell-off as falling house prices and rising fuel costs are feared to be
Read moreLondon close: Stocks finish up, China and Eurogroup in focus
12th Mar 2012 16:34
- Stocks jump into the blue late on - China records worse-than-expected trade deficit - Resource stocks fall on Chinese demand concerns London's blue chip index managed to finish the day in positive territory despite swinging between gains and losses for most of the session. Concerns over the globa
Read moreFTSE 100 movers: Morrisons rises on investor hopes
12th Mar 2012 15:02
Morrisons leads the risers as investors pin their hopes for the stock on a series of new concepts being unveiled today at an investor meeting. Hot on its heels was cruise operator Carnival after being upgraded by Exane BNP Paribas from under-perform to out-perform. On Friday, the firm reported a
Read moreFriday broker round-up
9th Mar 2012 10:00
ITV: Goldman Sachs raises price target to 137p from 102p, keeps at buy. Admiral: UBS hikes target from 890p to 1,085p, neutral rating unchanged. Bank of America-Merrill Lynch downgrades to underperform from neutral. AGA Rangemaster: Merchant Securities reiterates buy rating and 102p target. Ca
Read moreFriday tips round-up: Morrisons, Balfour Beatty, Clarkson...
9th Mar 2012 06:52
In the Telegraph the Questor column hands out a rather brutal judgement on supermarket chain Morrisons. It's got an enthusiastic Chief Executive, is experimenting with convenience store formats and has launched lots of new ranges but its market share is still around 12.2%. To make matters worse the
Read moreLondon close: Stocks surge ahead of Greek debt-swap deadline
8th Mar 2012 16:31
- Greek debt-swap participation rate estimated at 61 percent. - BoE, ECB keep rates on hold. - ECB cuts growth forecasts for Eurozone. The Footsie finished in the day in a bullish mood on the back of optimism that Greece will reach its participation target for the debt-swap deal to avoid a disorder
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