L&G non-exec buys
5th Aug 2009 17:01
Legal & General non-executive director Ronaldo Schmitz has bought shares worth nearly £100,000 in the insurer. Schmitz acquired 160,000 shares in five separate transactions at a price range of 62.05p-65.4p each. His holding has now increased to 297,000 shares. Yesterday L&G tumbled after posting a
Read moreThursday tips round-up: BG, Inchcape, Halfords
30th Jul 2009 06:04
Recent fluctuations in BG's share price, from 1162p in early June to 979.5p earlier this month (it has recovered since) suggest it is time to buy. The rating, at 14.3 times next year's earnings, is not overly demanding, although this stock, with its 1.3 per cent yield, is not for income seekers. G
Read moreLondon close: Upward march recommences
29th Jul 2009 16:47
Footsie was back to winning ways Wednesday as investors digested a stream of company updates. Fund manager Schroders led the way after Morgan Stanley upgraded the firm to "overweight" from "underweight" and raised its price target to 1,045p from 710p. Rexam was the major faller after it launched
Read moreLondon afternoon: Financials lift Footsie
29th Jul 2009 14:33
Risers outnumber fallers by around three to one among FTSE 100 constituents, as the blue-chip index resumes its upward climb following yesterday's pause for breath. Financial stocks lead the advance, with insurers Aviva, RSA and Standard Life to the fore, as is part-nationalised bank Royal Bank of
Read moreFTSE 250 movers: Updates shake up mid-cap index
29th Jul 2009 14:19
With several mid-cap firms in the news today, there has been a lot of movement in both directions. Shares in wireless technology group CSR lead the FTSE 250 higher after it said an end to destocking from customers should have a positive effect on third quarter revenues. Car dealer Inchcape is hot
Read moreLondon midday: Blue-chips advance on broad front
29th Jul 2009 11:50
Having seen its winning streak come to an end yesterday Footsie is back on the rise today despite some mixed corporate news. Rexam is the major faller after it launched its well-flagged rights issue to raise £351m at a big discount to the current share price. The interim dividend has also been scra
Read moreProfits dip at Rathbone
29th Jul 2009 08:31
Funds under management grew at fund manager Rathbone Brothers in the first half of 2009, but profits fell by 41%. Funds under management (FUM) in Rathbone Investment Management were £9.7bn at 30 June 2009, up 3.2% from £9.4bn at the end of 2008. Over the same period the FTSE 100 fell 4.2% while the
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