Tuesday tips round-up: Whitbread, Great Portland, Mouchel
15th Dec 2009 06:56
Whitbread shares are not cheap, trading at a 2010 price-to-earnings ratio of 15.6, but some of its rivals' are more expensive. And Whitbread's decision to invest in its business during the downturn - while keeping a tight lid on costs - bodes well for the year ahead, as the UK slowly emerges out of
Read moreRWS posts rise in sales, profits
14th Dec 2009 08:28
Intellectual property group RWS Holdings reported a rise in full-year sales and profits and said it expects that the group will deliver enhanced progress in 2010. Sales increased by 2.2% to £55.3m in the year ended 30 September, while pre-tax profit rose by 3.8% to £14.5m. The total dividend increa
Read moreLondon close: Flat finish for sluggish Footsie
9th Oct 2009 16:31
Footsie ended the week without any real sense of direction, holding onto gains posted earlier in the week. Vedanta Resources was the weakest stock in a soft mining sector after Goldman Sachs said Vedanta's aluminium, zinc and iron ore facilities were lower than Goldman had expected. Lower industri
Read moreLondon afternoon: Vedanta leads miners lower
9th Oct 2009 14:29
Mining stocks remain a proverbial albatross round the market's neck, dragging the Footsie below last night's closing level despite some interest in consumer stocks. Vedanta Resources is the weakest stock in a soft mining sector after Goldman Sachs said Vedanta's aluminium, zinc and iron ore facilit
Read moreLondon midday: Flat morning for Footsie
9th Oct 2009 12:05
London ended the morning session flat with good demand for consumer stocks offsetting some profit taking among mining shares Losses on mining stocks such as Antofagasta, Vedanta and Kazakhmys have lengthened during the session as metal prices remain on a downward trajectory. Gold has fallen back f
Read moreLondon open: Consumers help Footsie progress
9th Oct 2009 08:45
Footsie has shrugged off some profit taking among the miners and more bank weakness to open higher, with consumer stocks leading the way. Gains for Whitbread, Kingfisher and Next are helping Footsie push on despite Lloyds and Royal Bank of Scotland. Both state-controlled banks have been unsettled b
Read moreLondon pre-open: Footsie points lower
9th Oct 2009 07:37
Footsie looks set to open around 20 points lower after closing at its highest in over a week yesterday. Troubled sportswear retailer JJB Sports has confirmed reports it is to raise £100m through an equity issue. In a brief statement, JJB said its board has reviewed a range of options to provide add
Read moreRWS profit 'modestly' below consensus
9th Oct 2009 07:15
Intellectual property group RWS Holdings said underlying full-year profits will exceed 2007/08 levels but fall 'modestly' below consensus. As a result of significantly lower deposit rates, particularly compared to the second half last year, interest income will fall well short of initial budgets.
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