London close: Higher finish for Footsie as miners march ahead
6th Oct 2010 16:48
It was the surge in US shares yesterday rather than today's nervous performance that provided a lead for Footsie, helping London's top share index close with good gains. A nasty jobs report sent jitters through US markets. Private sector employers cut 39,000 jobs in September, against a gain of 10,
Read moreLondon afternoon: Airlines flying high
6th Oct 2010 14:30
Profit takers have skimmed off some of the cream of the gains seen this morning on mining stocks while the two big trading updates of the day have also sparked negative reactions, but Footsie remains comfortably in positive territory. Metals prices have strengthened in line with a weaker dollar, w
Read moreRobert Walters soars on strong profits
6th Oct 2010 13:46
Shares in Robert Walters jumped after the recruitment firm reported much higher profits across its markets for the third quarter, including areas affected by continuing economic uncertainty. Total gross profits were up by 65% for the period to £42.5m, against £25.8m over the same period the previou
Read moreBroker tips: Greggs, Robert Walters, Sportingbet
6th Oct 2010 13:11
FinnCap's full year revenue forecast for sausage rolls and pies seller Greggs is looking a little flaky after a cautious third quarter update from the bakery chain. The broker had been expecting Greggs to achieve 0.5% like for like (LFL) sales growth in the second half of 2010 but with Greggs' thir
Read moreBroker snap: Walters better value than Michael Page
6th Oct 2010 12:50
KBC Peel Hunts says Robert Walters is firing on all cylinders - an unfortunate term to use when describing a recruitment firm - and full year earnings upgrades are expected after Wednesday's interim management statement. Third quarter net fee income came in ahead of Peel Hunt's expectations at £42.
Read moreWeek Ahead: Supermarkets, recruiters, BoE rate decision
1st Oct 2010 11:36
Retailers and recruiters are to the fore next week, with Tesco, Sainsbury and Marks & Spencer (M&S) from the former constituency, and Robert Waters, Hays and Michael Page from the latter all set to update the market. Britain's largest retail group, Tesco, releases interim figures on Tuesday. The gr
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
8th Jul 2010 12:11
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1111 GMT [Dow Jones] Royal Bank of Scotland raises Robert Walters (RWA.LN) price target to 255p from 240p following the compa
Read moreMARKET TALK: RBS Raises Robert Walters Price Target
8th Jul 2010 12:11
1111 GMT [Dow Jones] Royal Bank of Scotland raises Robert Walters (RWA.LN) price target to 255p from 240p following the company's results. Notes net fee growth exceeded the brokerage's expectations and as a result, raises '10 and '11 EPS forecasts 50% and 30%, respectively. Says once again, the Asia
Read moreMARKET TALK: Hays Return To Growth Is Good Sign - S Pierce
8th Jul 2010 08:12
0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, which is clearly a good sign, says Seymour Pierce. Notes on a like-for-like basis net fee income was up 8%, compared with the same period last year, driven by Asia Pacific. Nevert
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
8th Jul 2010 08:12
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] 0712 GMT [Dow Jones] Hays' (HAS.LN) 4Q '10 results show a return to year-on-year growth for the first time in two years, w
Read moreRobert Walters says hiring accelerated markedly
7th Jul 2010 13:54
Robert Walters rallied after the recruitment company said hiring had accelerated markedly in the second quarter in Asia and the City of London. As a result, group net fee income for the half year rose to £72.3m compared with £50.0m last time after second quarter fee income jumped by 59% to £39.7m.
Read moreUK SMALLCAP ROUNDUP: Aveva Eyes Boost From BP Gulf Spill
7th Jul 2010 12:30
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AVEVA GROUP PLC (AVV.LN), a maker of engineering software, said Wednesday that safety concerns following the Gulf of Mexico oil spill will likely increase de
Read more2nd UPDATE: Robert Walters 2Q Grows On Permanent Hires, Asia
7th Jul 2010 10:19
(Adds executive comments on Europe, further analyst comments.) By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Recruitment company Robert Walters PLC (RWA.LN) Wednesday said second-quarter group net fee income rose 59% on the year as recruitment activity accelerated markedl
Read moreMARKET TALK: Investec Raises Robert Walters Target
7th Jul 2010 10:10
0910 GMT [Dow Jones] Investec Securities raises Robert Walters (RWA.LN) target to 300p from 260p following the company's 2Q update. Says it confirms the group has continued to perform very well, with the Asia Pacific region recovering particularly strongly. Notes headcount has been increased and th
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
7th Jul 2010 10:10
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] 0910 GMT [Dow Jones] Investec Securities raises Robert Walters (RWA.LN) target to 300p from 260p following the company's
Read more