London close: Footsie rises again after strong week
9th Jul 2010 17:07
Footsie finished a very good week on the up again, helped by gains for the miners, life groups and Smith & Nephew. Antofagasta was the stand-out stock in the mining sector after Goldman Sachs issued a "buy" recommendation. Goldman Sach also advocates buying Anglo American ahead of an expected adv
Read moreUS HOT STOCKS: Google, Conceptus, Big 5 Sporting Goods, Regis
9th Jul 2010 15:22
U.S. stocks were rising Friday morning, with the Dow Jones Industrial Average recently up 13 points to 10152, the S&P 500 gaining 1.8 points to 1072 and the Nasdaq Composite adding 3.4 points to 2179. Among the companies whose shares are actively trading are Google Inc. (GOOG), Conceptus Inc. (CPTS)
Read moreLondon afternoon: Footsie condolidates gains
9th Jul 2010 14:39
Shares edged a little bit higher over the lunch time session with little sign yet of investors looking to bank the week's gains. Mining stocks are leading the advance. Antofagasta is the stand-out stock in the sector after Goldman Sachs issued a "buy" recommendation. Goldman Sach also advocates buy
Read moreUPDATE: Fulcrum Eyes Bigger Slice Of Connections Market
9th Jul 2010 14:11
(Adds detail.) By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Fulcrum Utility Services Ltd. (FCRM.LN) Friday said it intends to use GBP11 million raised in its recent admission to London's junior Alternative Investment Market to boost its share of the market for connecting b
Read moreBEFORE THE BELL -2: US HOT STOCKS TO WATCH
9th Jul 2010 13:20
Among the companies whose shares are expected to actively trade in Friday's session are Google Inc. (GOOG), Conceptus Inc. (CPTS) and Continental Resources Inc. (CLR). Google said Friday its Internet license has been renewed in China, and it looks "forward to continuing to provide web search an
Read moreINTERVIEW: Fulcrum Eyes Bigger Slice Of Connections Market
9th Jul 2010 12:42
By Jason Douglas Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Fulcrum Utility Services Ltd. (FCRM.LN) Friday said it intends to use GBP11 million raised in its recent admission to London's junior Alternative Investment Market to boost its share of the market for connecting homes to the U.K. ga
Read moreLondon midday: Stocks becalmed
9th Jul 2010 11:59
After a bright start things in London have tailed off with those traders still chained to their screens probably contemplating an early getaway for the week-end. Constituents of the FTSE 100 index are almost exactly divided between leaders and laggards, with insurers and base metal miners prominent
Read moreLondon open: Footsie up again
9th Jul 2010 08:57
London has started brightly buoyed by another strong performance overnight on Wall Street and a rash of upbeat company announcements. Miners are leading the way following the big gains in the US. Antofagasta, ENRC and Rio Tinto are the best performers. On the downside, National Grid, GlaxoSmithKlin
Read moreMARKET TALK: Citigroup Cuts National Grid To Hold From Buy
9th Jul 2010 08:12
0712 GMT [Dow Jones] Citigroup downgrades National Grid (NG.LN) to hold from buy and target to 500p from 611p. Says now the dust has settled on the surprise GBP3.2B rights issue, three issues will determine the company's future: "the UK capex surge, how the capex/dividend is funded, and the likely s
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
9th Jul 2010 08:12
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0712 GMT [Dow Jones] Citigroup downgrades National Grid (NG.LN) to hold from buy and target to 500p from 611p. Says now the d
Read morePRESS RELEASE: S&P Lowers Rating On EIF Calypso To 'B+'; Outlook Negative
1st Jul 2010 21:13
The following is a press release from Standard & Poor's: -- Several key assets in U.S. power plant owner EIF Calypso LLC's portfolio continue to underperform and are currently not making cash distributions. -- We are lowering our rating on EIF Calypso's senior secured facilities to 'B+' f
Read moreUK Seen Importing More Norwegian Gas This Winter-National Grid
1st Jul 2010 17:17
LONDON (Dow Jones)--U.K. continental shelf gas supplies for the coming winter are expected to about 9% lower than last winter due to declining reserves with the country likely to import more piped gas from Norway this winter, National Grid PLC (NGG) said Thursday in its winter consultation report.
Read moreNigerian LNG Tanker To Arrive At UK Milford Haven Jul 4 - Data
1st Jul 2010 16:44
LONDON -(Dow Jones)-A liquefied natural gas vessel from Bonny Island, Nigeria is scheduled to arrive in the U.K. this weekend, according to data from the Milford Haven port authority's website. The LNG Finima will berth at Dragon LNG terminal July 4. Most of the LNG imports received at U.K. ter
Read moreNational Grid Repurchases GBP10.8M Of 5.25% Instruments Due June 2011
30th Jun 2010 18:22
LONDON (Dow Jones)--National Grid PLC (NG.LN), a U.K. utility company, said Wednesday it has repurchased GBP10,816,000 of the GBP223,194,000 5.25% instruments due June 2011, for cancellation. MAIN FACTS: -Following the repurchase the amount of securities outstanding is GBP212,378,000. -S
Read moreNational Grid: LNG Cargo Berths At Isle Of Grain Monday
29th Jun 2010 15:22
LONDON (Dow Jones) --U.K. natural gas grid operator National Grid PLC (NGG) said Tuesday the Gaselys liquefied natural gas ship berthed at its Isle of Grain regassification terminal in Kent, southeast England, Monday. The Isle of Grain terminal is able to import 9.8 million metric tons of LNG a
Read more