London afternoon: Lloyds left behind
25th Feb 2011 14:15
Share prices moved sideways over the lunch time session, but at least they were moving; the London Stock Exchange, which recently switched over to a new computer system, suffered an embarrassing glitch which resulted in the exchange shutting down for most of the morning. Shares have been lifted by
Read moreRecord year for Rightmove
25th Feb 2011 07:39
Revenue and profits at property web site Rightmove came in a shade shy of market expectations, though the results still set new records for the group despite a tough year for the UK housing market. Revenue in 2010 rose from £64.5m in 2009 to £81.6m in 2010, a bit lower than the £82.2m the market ha
Read moreHouse asking prices fall steeply
15th Nov 2010 11:42
House sellers cut asking prices by the largest amount for nearly three years in October, the fourth fall in the last five months, according to online property group Rightmove. Asking prices were down by 3.2% during the four weeks to 6 November, or the equivalent of £7,500 a house on average. The
Read moreWednesday tips round-up: Aviva, Reckitt Benckiser, Stagecoach...
3rd Nov 2010 06:40
Having spurned the unwanted attentions of Royal & Sun Alliance, Aviva has produced a moderately positive set of third-quarter numbers which suggest that Aviva was right to resist its rival's rather ill-judged attempt to push it into selling its general insurance business. On valuation grounds, Avi
Read moreLondon close: More gains for Footsie after well-received results
2nd Nov 2010 16:36
A strong performance on Wall Street ahead of the US Federal Reserve's decision on whether to increase monetary stimulus measures - not to mention the mid-term election - helped sustain good gains in London. Sentiment here was buoyed by well-received results from some big names. Beleaguered oil gia
Read moreLondon afternoon: Footsie consolidates gains
2nd Nov 2010 14:26
Footsie moved sideways over the lunch time session, as investors digested a busy morning of big company announcements. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill. The marke
Read moreLondon midday: Footsie builds on gains
2nd Nov 2010 12:15
Footsie has built on its earlier gains as investors react positively to updates. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill. The market had been expecting underlying net in
Read moreLondon open: Big guns lift Footsie
2nd Nov 2010 08:55
Results from the big guns reporting this morning have generally been favourable, helping Footsie to notch up decent gains so far. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill
Read moreRightmove on course for significant organic growth
2nd Nov 2010 07:45
Usage of Rightmove's property web site has been at or close to record levels in the period since the beginning of July, with August proving to be the site's second busiest month ever. The number of advertisers on the Rightmove website at the end of September stood at 18,100, up 2.5% since the start
Read moreMonday newspaper round-up: Barclays, Tesco, Investec...
20th Sep 2010 06:41
Barclays is working on contingency plans to make radical changes in an attempt to head off more draconian government measures. The high street bank is looking at ways to ring-fence its deposits and is considering whether to put its investment banking arm Barclays Capital into a separate legal entit
Read moreRightmove sees house prices fall
19th Jul 2010 12:33
House prices fell for the first time this year according to the latest monthly survey by property website Rightmove, prompting economists to suggest the recent rally could be about to go into reverse. The online group said average asking prices for a home in England and Wales fell by 0.6% to £236,3
Read moreRightmove Buys 30,000 In Own Shares
30th Jun 2010 18:01
LONDON (Dow Jones)--Rightmove Plc (RMV.LN), a property website, announced Wednesday it purchased 30,000 of its 1 pence ordinary shares at a volume weighted average price paid per share of 629.669 pence. MAIN FACTS: -The purchased shares will be cancelled. -Shares closed Wednesday at 630
Read moreRightmove Buys 57,652 In Own Shares
29th Jun 2010 17:30
LONDON (Dow Jones)--Rightmove Plc (RMV.LN), U.K.'s no. 1 property website, announced Tuesday, it purchased 57,652 of its 1 pence ordinary shares at a volume weighted average price paid per share of 629.867 pence. MAIN FACTS: -The purchased shares will be cancelled. -Shares closed Tuesday
Read moreWilliams family buys back shares in Rightmove
29th Jun 2010 17:01
Rightmove managing director and founder Ed Williams's wife has bought back some of the shares he sold prior to the emergency budget. Williams's wife Joanna Barkwill has paid just short of £500,000 to buy 75,964 shares in the estate agency at 653.62p each. That is a lot less than the £8m Williams r
Read moreRightmove Buys 0.22M In Own Shares
28th Jun 2010 17:18
LONDON (Dow Jones)--Rightmove Plc (RMV.LN), announced Monday that it purchased 223,299 of its 1 pence ordinary shares at a volume weighted average price paid per share of 655.97 pence. MAIN FACTS: -The purchased shares will be cancelled. -Shares closed Monday at 654 pence. -By Zechar
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