London close: Good day for blue chips
18th Nov 2010 16:36
Blue chips had a good day buoyed by the response to General Motor's record breaking US float and hopes for a deal in Ireland. Patrick Honohan, the head of Ireland's central bank, confirmed a loan is likely, with brokers suggesting it could be as much as €85bn, including €20bn to provide support for
Read moreLondon afternoon: Stocks extend gains
18th Nov 2010 15:28
A positive start by Wall Street has given renewed impetus to Footsie's rise this afternoon. As in Europe, stocks are rising in the US on the hope that a package to take the steam out of the Irish debt crisis is imminent. Patrick Honohan, the head of Ireland's central bank, has confirmed a loan is
Read moreFTSE 100 movers: Legal cheer for BA
18th Nov 2010 13:09
British Airways has perked up after the Court of Appeal said that hundreds of air cargo customers could not come together to sue the airline. They wanted to join together in order to pursue a class action law suit relating to BA's involvement in a price-fixing cartel. Last week, BA was fined €104m
Read moreLondon midday: Shares buoyant as updates impress
18th Nov 2010 12:05
With some kind of resolution to the Irish crisis in sight and many of today's updates impressing the market, shares have moved sharply higher. The Bank of Ireland chief has confirmed a loan is likely with brokers suggesting it could be as much as €85bn, including €20bn to provide support for the co
Read moreLondon open: Strong start for FTSE 100
18th Nov 2010 08:25
Shares have got off to a strong start as traders avert their eyes from the ongoing Irish debt saga and pay attention to today's stream of company updates. SABMiller is fizzing after a strong performance in all regions but Europe helped the brewing giant post a rise in profits in the half year to Se
Read moreLondon pre-open: Footsie to shrug off Wall St. swoon
18th Nov 2010 07:31
London looks set to take its cue from Asian markets, which put in a strong display overnight, rather than Wall Street, which put on a flaccid display yesterday. City traders expect the FTSE 100 to open around 44 points up from last night's close. A strong performance in all regions but Europe help
Read moreReed trends continue into second half
18th Nov 2010 07:02
Anglo Dutch publishing giant Reed Elsevier is trading much the same as it did in the first half, with subscription revenues constrained, and advertising, promotion and other cyclical markets continuing to stabilise. It reaffirmed predictions made at July's interims of a "modest" reduction in adjust
Read moreThursday tips round-up: Fresnillo, Antofagasta, Bodycote
14th Oct 2010 06:29
Fresnillo, the Mexican company that is the world's biggest producer of silver, expects to top earlier forecasts of gold and silver production this year after a strong third quarter in which production of both metals was running at record levels. A note from Liberum yesterday points out that Fresnil
Read moreMARKET TALK: S&P Equity Ups Reed Elsevier Price Target
30th Jul 2010 13:11
1211 GMT [Dow Jones] S&P Equity Research raises Reed Elsevier (REL.LN) price target to 470p from 440p after stronger than expected 1H '10 results, particularly for the Reed Exhibitions business. Notes that the shares reacted positively to the results and so thinks the stock is more vulnerable to a c
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
30th Jul 2010 13:11
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1211 GMT [Dow Jones] S&P Equity Research raises Reed Elsevier (REL.LN) price target to 470p from 440p after stronger than
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
30th Jul 2010 09:59
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] 0859 GMT [Dow Jones] Royal Bank of Scotland raises Reed Elsevier (REL.LN) target price to 635p from 605p. Says the group's
Read moreMARKET TALK: RBS Upgrades Reed Elsevier Target Price
30th Jul 2010 09:59
0859 GMT [Dow Jones] Royal Bank of Scotland raises Reed Elsevier (REL.LN) target price to 635p from 605p. Says the group's 1H earnings beat low market expectations. Also, "CEO Erik Engstrom gave a confident performance at the analyst meeting, which should go some way to dispelling medium-term concer
Read more3rd UPDATE: United Business Media Profit Up But Remains Cautious
30th Jul 2010 09:05
(Adds analyst comment, detail.) By Tommy Stubbington and Simon Zekaria Of DOW JONES NEWSWIRES LONDON (Dow Jones)--United Business Media PLC (UBM.LN) Friday said it's on track to meet full-year forecasts as the events and publishing group posted a 7.3% rise in first-half pretax profit,
Read more2nd UPDATE:United Business Media Profit Up; Acquires Chinese Assets
30th Jul 2010 08:34
(Rewrites. Adds CEO comment, analyst comment, detail.) By Tommy Stubbington and Simon Zekaria Of DOW JONES NEWSWIRES LONDON (Dow Jones)--United Business Media PLC (UBM.LN) Friday said it is on track to meet full-year forecasts as the events and publishing group posted a 7.3% rise in fi
Read moreUPDATE:United Business Media Profit Up;Acquires Chinese Assets
30th Jul 2010 07:54
(Adds detail.) By Tommy Stubbington and Simon Zekaria Of DOW JONES NEWSWIRES LONDON (Dow Jones)--United Business Media PLC (UBM.LN) Friday said it is on track to meet full-year forecasts as the events and publishing group posted a 7.3% rise in first-half pretax profit, but remained cau
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