UK MARKET TALK ROUNDUP: SHARES GAINING
18th Jun 2010 11:03
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1003 GMT [Dow Jones] Charles Stanley initiates coverage of Paragon Group (PAG.LN) at buy with a 225p price target, citing
Read more2nd UPDATE: Markit Announces Plan For New European ABS Index
10th Jun 2010 18:09
(Adds further comment, in the 14th through 17th paragraphs) By Mark Brown Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Financial-information-services company Markit, which owns the iBoxx corporate-bond and iTraxx credit-default-swap indexes, said Thursday it plans to launch a European asse
Read moreMARKET TALK: RBS Initiates Coverage Of Paragon At Buy
10th Jun 2010 07:52
0652 GMT [Dow Jones] Royal Bank of Scotland initiates coverage of Paragon Group (PAG.LN) at buy with a 200p price target. RBS says the 1H '10 results underline the quality of the loan portfolio. It thinks the group looks in a strong position financially and the loan portfolio continues to perform w
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
10th Jun 2010 07:52
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] 0652 GMT [Dow Jones] Royal Bank of Scotland initiates coverage of Paragon Group (PAG.LN) at buy with a 200p price target. RB
Read moreSector movers: Upbeat Paragon boosts finance stocks
18th May 2010 13:03
Specialist mortgage lender Paragon is lifting the financial services sector higher after it nearly doubled profits in the six months to March 31, helped by the low interest rate environment making it easier for customers to pay back debts. Pre-tax profits jumped to £29.3m from £15.9m in the same pe
Read moreFTSE 250 movers: Yell slides as bosses depart
18th May 2010 13:02
Shares in Yell are on the slide after the directories group announced the departure of its chief executive and chief financial officer at the same time as unveiling a move into profit. Chief executive John Condron and chief financial officer John Davis are to step down. Condron will retire by May 2
Read moreParagon profits soar
18th May 2010 08:36
Specialist mortgage lender Paragon nearly doubled profits in the six months to March 31, helped by the low interest rate environment making it easier for customers to pay back debts. Pre-tax profits jumped to £29.3m from £15.9m in the same period a year previously. The company lifted its dividend t
Read moreFriday tips round-up: ARM Holdings, Tate & Lyle, Paragon
29th Jan 2010 06:53
Apple's exciting new tablet computer, the iPad, looks like it will be a winner for Steve Jobs' group - but it's also going to be a real winner for ARM. The chip in the device, called the Apple A4, is believed to be based on ARM technology. That's because both Apple and its suppliers do not general
Read moreLondon close: US slide drags down Footsie
28th Jan 2010 16:45
London slumped near the close mirroring heavy falls in the US where technology stocks ran into heavy selling seemingly on disappointment with Apple's new iPad. AstraZeneca led the fallers after the Anglo-Swedish pharmaceuticals firm saw fourth quarter earnings rise 10% but warned that its predicted
Read moreLondon afternoon: Banks lead rally
28th Jan 2010 14:31
Blue chips put on a spurt over the lunch time session despite drugs giant Astra issuing disappointing fourth quarter figures. The Anglo-Swedish pharmaceuticals firm saw fourth quarter earnings rise 10% but warned that its predicted 2010 revenues would be hit by the loss of exclusive rights to sell
Read moreFTSE 250 movers: Arriva up on SNCF talks
28th Jan 2010 13:48
Shares in Arriva raced ahead after the bus and rail group admitted holding merger talks with France's state railway group SNCF. Peer National Express is also higher. The dark days appear to be behind specialist mortgage lender Paragon, whose shares are higher after the company's portfolio of loans
Read moreLondon midday: Footsie flat after mixed earnings news
28th Jan 2010 12:13
Blue chips are struggling to make headway in the face of mixed company news today. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is one of the best performers after it said it had a strong second quarter with revenues coming in marginally ahead of expectations. Turnover in
Read moreLondon open: Footsie fights back
28th Jan 2010 08:20
London's top stocks have opened higher on Thursday, winning back some recent losses in early dealings. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is one of the best performers after it said it had a strong second quarter with revenues coming in marginally ahead of expecta
Read moreLondon pre-open: Bright start expected
28th Jan 2010 07:34
Footsie is expected to win back some recent losses in early dealings on a busy day on the company news front. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) had a strong second quarter with revenues coming in marginally ahead of expectations. Turnover in the six months to the
Read moreArrears improve at Paragon
28th Jan 2010 07:21
The dark days appear to be behind specialist mortgage lender Paragon, with the company's portfolio of loans performing in line, but the group is not yet ready to start lending again. Redemptions in the final quarter of 2009 remained low and at similar levels to those seen in the six months to the e
Read more