London afternoon: Property stocks a drag
24th Sep 2009 15:03
After spending the lunchtime session in positive territory the Footsie has fallen back into the red, with property companies leading the way down. Land Securities, British Land, SEGRO and Hammerson are all under the cosh as investors cool on the sector following huge cash calls this week by Liberty
Read moreLondon midday: Footsie rally falls short
24th Sep 2009 12:22
Footsie still sits in the red after giving up an attempt to launch a foray into positive territory. London Stock Exchange is the heaviest faller after it said the average daily value traded on its SETS electronic trading system declined by 43% in the five month ended August. 3i is also down. The p
Read moreLondon open: Footsie starts down
24th Sep 2009 08:15
London's top stocks are posting losses in early dealings on Thursday, tracking declines in the US and Asia after downbeat comments by the Federal Reserve about the US economy. The Fed said the US economy is improving but consumer spending has remained under pressure due to the tough jobs market and
Read moreLondon pre-open: Fed comments cast a shadow
24th Sep 2009 07:38
Downbeat comments by the Federal Reserve about the US economy are having an effect on this side of the pond, with traders in no mood to chase prices higher. The Fed said the US economy is improving but consumer spending has remained under pressure due to the tough jobs market and tight credit condi
Read moreM&C Saatchi profits fall amid advertising slump
24th Sep 2009 07:27
Advertising firm M&C Saatchi saw revenues fall in the first half of 2009, but managed to stay profitable despite extremely difficult conditions for the sector. Pre-tax profits during the period fell to £5.4m from £8m over the same period the previous year as total revenues declined to £49.8m from
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