PZ Cussons sees H1 in line
9th Dec 2009 07:50
Soap maker PZ Cussons said trading in the first half of the year has been in line with management expectations and the outlook for the full year remains positive. The maker of Imperial Leather said overall performance in Europe has been strong, with particularly good momentum in the UK and strong e
Read moreWednesday preview: Pre-Budget speech, Standard Chartered
8th Dec 2009 16:09
All eyes will be on Alistair Darling at 12.30pm Wednesday as the Chancellor starts his Pre-Budget Report. He's thought to have ruled out the giveaway route and will instead focus on recovery prospects and a measured plan to reduce Britain's debts. Previous forecasts that the UK economy will grow b
Read moreEx-Aviva chief to chair PZ Cussons
26th Nov 2009 07:36
Soap maker PZ Cussons has named former Aviva boss Richard Harvey as its replacement for outgoing chairman Anthony Green. Harvey, who became chief executive of insurer Norwich Union in 1998, joins the board as a non-executive director on 1 January and will take on the chairman's role on 1 July. He
Read moreTuesday tips round-up: Standard Chartered, Lonmin, Tesco
6th Oct 2009 06:44
Asian markets are likely to recover faster than Western economies - and this is where Standard Chartered is strong. There are concerns that the group may issue more shares in the next 18 months to fund its growth plans, but if this happens the group is likely to use its funds wisely. The bank is h
Read moreLondon close: Footsie puts on late spurt
5th Oct 2009 17:16
Having been lethargic all day leading shares put on a late spurt in London, after receiving a transatlantic boost in the form of better than expected data from the US services sector. Miners featured prominently among the top performers, helped by bullish comment from Royal Bank of Scotland (RBS).
Read moreLondon afternoon: Footsie eases into the red
5th Oct 2009 13:45
The Footsie dipped into the red over the lunch-time session but it was a very shallow dip, with leading shares mixed and mostly sticking close to overnight levels. Life insurer Aviva is the heaviest faller in the FTSE 100 after it confirmed it is to sell a minority stake in its Dutch insurance bus
Read moreLondon midday: Shares still sluggish
5th Oct 2009 12:13
Equities are in sluggish mood on the first day of trading this week and the leading share index sits just below the 5,000 point level. Life insurer Aviva is the heaviest faller in the FTSE 100 after it confirmed it is to sell a minority stake in its Dutch insurance business Delta Lloyd through a fl
Read moreLondon open: Quiet start for Footsie
5th Oct 2009 08:43
London has made a cautious start with markets still seemingly unsettled by last week's US jobs data. Over here, Aviva has confirmed it is to sell a minority stake in its Dutch insurance business Delta Lloyd through a float on Euronext in Amsterdam. No more details were released, but weekend reports
Read moreFTSE 250 movers: PZ Cussons jumps after update
5th Oct 2009 08:24
Soap manufacturer PZ Cussons is going well after it said it remains 'cautiously optimistic' for the full year despite uncertain economic conditions after seeing strong trading in its main market of Nigeria and in the UK. Gem Diamonds is sparkling after its smaller peers Kopane Diamond and DiamondCo
Read moreLondon pre-open: Heading higher
5th Oct 2009 07:22
Expect a partial recovery from Friday's sell-off as investors, looking as higher US futures prices, continue to buy on the dips. London is set to start about 20 points higher, according to City sources, while early indications are that Wall Street will add about the same when it opens later. Over
Read moreStrong trading at PZ Cussons
5th Oct 2009 07:04
Soap manufacturer PZ Cussons said it remains 'cautiously optimistic' for the full year despite uncertain economic conditions after seeing strong trading in its main market of Nigeria and in the UK. In Nigeria, where the political environment has remained relatively stable with positive GDP growth,
Read moreReed Elsevier's new chairman takes a stake
31st Jul 2009 16:06
Reed Elsevier's new chairman Anthony Habgood has signalled his commitment to the specialist publisher with the purchase of £218,000 in shares. He paid 436p a time for 50,000, his first stake in the firm, whose stable of publications includes Farmers' Weekly and New Scientist. His purchase comes af
Read moreLondon close: Footsie ends winning streak
28th Jul 2009 16:33
Footsie looked set to continue its 11-day winning streak but soon started a steady downward slide that saw it close sharply in the red. Software giant Sage led Footsie higher in early dealings, staging a relief rally on results that were in line with market expectations though it warned that market
Read moreLondon afternoon: Slide accelerates
28th Jul 2009 14:19
With wall Street expected to open lower, London moved further into the red over the lunchtime session, leaving the Footsie a sizeable deficit to make up if it is to set a new record for consecutive days of rises. Software giant Sage is doing its bit for Footsie, staging a relief rally on results th
Read moreLondon midday: Miners threaten Footsie streak
28th Jul 2009 12:14
If the Footsie is to rise for a record breaking 12th day in succession it looks like it is going to do so without the assistance of the mining stocks which are in retreat today. Software giant Sage is doing its bit for Footsie, staging a relief rally on results that were in line with market expect
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