London close: Nervy FTSE 100 closes higher
26th Oct 2011 16:47
It was another see-saw day for the FTSE 100 amid continued wrangling over the Eurozone crisis, but the top share index closed higher in line with a broadly higher showing on Wall Street. MARKETS AWAIT CRUCIAL MEETING Today's planned meeting of European Union Finance Ministers (ECOFIN) has been re
Read moreFTSE 100 Movers: Next takes a tumble
26th Oct 2011 13:03
Next was one of the worst performing stocks on the FTSE 100 on Wednesday after Deutsche Bank downgraded the high street giant from buy to hold, saying that it expects share price upside to remain muted until after Christmas. The German broker notes that Next has been the second best performing sto
Read moreLondon midday: Miners gain on euro risk aversion
26th Oct 2011 12:00
The Footsie traded sideways in morning trade, as investors cautiously await today's key EU summit. Markets will be vigilant to any developments in the Eurozone during today's session, but many are expecting European leaders not to provide the "comprehensive solution" that they had initially promised
Read moreTuesday tips round-up: Reckitt Benckiser, Electrocomponents, Persimmon
26th Jul 2011 06:28
Analysts had two concerns over the halfway figures from Reckitt Benckiser ? the tough market for personal care products in Europe and the slow adoption of its film version of the heroin substitute Suboxone. European sales were down 1% on a like-for-like basis in the first half and down 2% in the sec
Read moreLondon pre-open: Off to a weak start
25th Jul 2011 07:43
Shares are set to start the week on the back foot, with the Footsie tipped to duck back below 5,900, as investors wait on the Republicans and President Obama to agree on a package of measures that will ensure that the USA's debt ceiling is raised. On the company news front, announcements are coming
Read moreReckitt Benckiser half year profits hit £1bn
25th Jul 2011 07:08
Strong growth in developing markets helped household and healthcare products group Reckitt Benckiser offset weakness in Europe to post pre-tax profits above £1bn for the half year to June 30. The maker of the Cillit Bang cleaning product and Nurofen painkillers said pre-tax climbed to £1.04bn from
Read moreWeek Ahead: Oils, pharmas, Reckitt, Domino's
22nd Jul 2011 11:35
The half-year results season gets underway next week with a flood of updates from heavyweights, including some big players from the energy (BG, BP and Shell) and pharmaceuticals (Glaxo and Shire) sectors. Even Monday, normally one of the quietest days of the week for results, sees announcements fro
Read moreSunday tips round-up: Reckitt Benckiser, Dunelm, European Goldfields
10th Jul 2011 10:08
Reckitt Benckiser, the Cillit Bang and Durex maker was said to be in the sights of Unilever or US peer Procter & Gamble. Questor from the Sunday Telegraph takes such talk with a pinch of salt. Not only has this speculation been around for some time, analysts reckon that such a move by either company
Read moreLondon close: Stocks edge higher
5th Jul 2011 16:34
The top share index managed to inch further beyond the 6,000 point mark it has crossed so many times this year, though it was a sluggish day's trading. In company news, Tullow Oil gushed ahead after it enjoyed record revenues in the first half of the year while achieving a 79% exploration and appr
Read moreSector movers: Reckitt rumours refuse to vanish
5th Jul 2011 16:25
Reckitt Benckiser, the maker of brands as diverse as Cillit Bang, Durex and Nurofen headache tablets, is being pushed higher on persistent rumours it's being lined up for a takeover. The bid speculation makes Reckitt the best performer in the Household Goods sector for the second day in succession,
Read moreReckitt Benckiser rumours drive price higher
5th Jul 2011 09:31
Reckitt Benckiser, the maker of brands as diverse as Cillit Bang, Durex and Nurofen headache tablets, is being pushed higher on persistent rumours it's being lined up for a takeover. In early trading the firm was up 2% at 3,553.00p on speculation the US giant Procter & Gamble is considering a bid.
Read moreSunday tips round-up: Bloomsbury Publishing, Reckitt
24th Apr 2011 15:21
The archives have an extensive back catalogue of historical documents and photographs. These relate to events such as the Titantic disaster and the Magna Carta, and Bloomsbury will publish new print books, ebooks and iPad apps using material from the archive. Bloomsbury shares were recommended beca
Read moreFTSE 100 movers: ARM gets a lift from Intel
20th Apr 2011 13:12
Chip giant ARM Holdings is the best performer on the FTSE 100, boosted by last night's bullish report by US peer Intel, which predicted that second quarter sales will come in at about $12.8bn (give or take $500m), ahead of analysts' estimates. Copper and gold prices have boosted the miners, with X
Read moreEmerging markets boost Reckitt Benckiser
20th Apr 2011 12:22
A strong performance in emerging markets helped Reckitt Benckiser, the maker of household products such as the cleaning agent Cillit Bang, to a good start to 2011. Net revenues in the first quarter were up by 14% from the same period the previous year at £2.28bn. On a like-for-like basis, excluding
Read moreWednesday preview: BoE minutes, Reckitt, Home Retail
19th Apr 2011 17:31
Minutes of the March meeting of the Monetary Policy Committee (MPC), the team that determines the Bank of England's interest rate policy, will be as keenly analysed as ever, though for the first time this year there are not so many people suggesting that the number of members voting for a rate hike
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