London close: Footsie finishes firmer
21st Oct 2009 16:57
After an up and down day, London's blue-chip index finished the day as it started it, in positive territory. Stocks needed the help of a firm start on Wall Street, however, to state a late rally. US shares opened higher after investment bank reported its first quarterly profit in a year after three
Read moreLondon afternoon: Miners a drag
21st Oct 2009 14:38
Mining stocks and a couple of blue-chips going ex-dividend today pushed the Footsie below 5200 in the morning session though the index showed some signs of recovery over the lunch-time session. Smiths Group and BSkyB are the highest profile stocks in the red as a result of trading in ex-dividend st
Read moreLondon midday: Blue chips turn lower
21st Oct 2009 12:03
Footsie's early drift has given way to more substantial falls as US futures point to a lower opening on Wall Street. Smiths Group and BSkyB are the highest profile stocks in the red as a result of trading in ex-dividend status today. Also on the downturn is London Stock Exchange, after Goldman Sach
Read moreLondon open: Quiet start in London
21st Oct 2009 08:54
London's top stocks are moving sideways pretty much despite a late burst on Wall Street and better than expected results after hours from US web giant Yahoo! UK company news is less dramatic. Home Retail reported a 3% rise in half year sales and said trading at both Argos and Homebase exceeded its
Read morePlaytech eyes better than expected Q4
21st Oct 2009 07:43
Online gaming technology developer Playtech said activity improved towards the end of the third quarter and momentum has continued into the start of the fourth quarter. Gross income for the quarter rose 12% to €31.9m from the same quarter a year before but was down 4% from €33.1m in the second qua
Read morePlaytech posts 33% rise in H1 EBITDA
3rd Sep 2009 07:41
Online gaming technology developer Playtech reported a 33% increase in half year EBITDA as it increases its dividend for the period by 17%. Playtech said it expects a stronger second half performance as is signs more licensees. Adjusted EBITDA rose to €45.3m for the six months ended 30 June 2009
Read moreMore changes at the top for Redrow
20th Aug 2009 08:25
There are more changes to the board of housebuilder Redrow with the appointment of a non-executive deputy chairman and two other non-executive directors. Alan Jackson has been appointed as non-executive deputy chairman. Jackson is a director of several non-public companies and holds the position of
Read moreFriday tips round-up: Rolls-Royce, Travis Perkins, Laird
31st Jul 2009 06:47
Rolls-Royce's view on the economy is not cheery. "The global trading environment remains very difficult and we believe the recovery is likely to be slow," Sir John Rose, the chief executive, said yesterday as the company published its first-half financial results. But the engine-maker still has pl
Read moreLondon close: Rally continues
21st Jul 2009 16:44
Footsie finished just shy of the 4,500 mark after another day of gains as the rally continues. Wm Morrison led the way after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implementation of its cost cutting pla
Read moreLondon afternoon: Advance gathers speed
21st Jul 2009 14:11
London kicked on over the lunchtime session, with risers outnumbering fallers by four to one among FTSE 100 constituents. Wm Morrison leads the way after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implement
Read moreLondon midday: Morrisons leads advance
21st Jul 2009 11:57
Retail stocks dominate proceedings in London following trading updates from Morrisons and Next. Wm Morrison leads the risers in the FTSE 100 after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implementation o
Read morePlaytech income slips
21st Jul 2009 09:54
Shares in Playtech took a sharp dive after the online gaming technology developer said gross income in the second quarter was below that achieved in the prior three-month period. Playtech said its William Hill Online (WHO) business, a joint venture with the bookmaker, had a slower than anticipated
Read moreSmall caps round-up: MBL, Netplay, Playtech...
9th Jul 2009 08:17
Big profits and a maiden dividend have sent entertainment products distributor MBL charging higher Thursday. The supplier of CDs, DVDS and games reported a 42% hike in pre-tax profit for the year ended 31 March 2009 to £8.1m on revenue up 77.5% to £143.6m. Its major competitor, Entertainment UK, t
Read moreWednesday tips round-up: IG, Oxford Instruments, Playtech
10th Jun 2009 06:54
Spreadbetter IG is a good way of getting exposure to equity volatility, without having to pick specific companies. With most financial stocks still considered too toxic for investors of sound mind, those that traditionally like the sector should add IG. Buy says the Independent. The Times adds that
Read morePlaytech's revenues suffer a blip
13th May 2009 14:54
First quarter revenues at gambling software developer Playtech fell back from the preceding quarter, but the company said the decline is expected to be temporary. First quarter revenues of €28.2m were up 14% on a year earlier but down by 10% on the final quarter of 2008, but the company said it exp
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