London afternoon: Stocks perk up slightly
15th Jul 2010 13:06
London's leading shares are posting minimal gains in afternoon deals with Wall Street expected to start higher. Metal prices have recovered and mining stocks are not such a drag on the index as they were in the first few hours of trading, though Kazakhmys and Rio Tinto are amongst the major fallers
Read moreMARKET TALK: Panmure Downgrades SDL To Hold From Buy
15th Jul 2010 12:33
1133 GMT [Dow Jones] Panmure Gordon downgrades SDL (SDL.LN) to hold from buy and raises target price to 513p from 512p. This follows Thursday's acquisition of company Language Weave, which moves SDL's price-to-earnings ratio to 16.8x, says Panmure. Sees the deal as dilutive although says that 3.2x r
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS -2-
15th Jul 2010 12:33
0635 GMT [Dow Jones] There's currently not much basis for the beginning of a major ruble uptrend, says Mikhail Rumyantsev, senior trader at Troika Dialog. "The uptrend may resume only if we see a number of factors, including a higher S&P, higher yields on U.S. treasuries and higher oil prices. Until
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
15th Jul 2010 12:33
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] 1133 GMT [Dow Jones] Panmure Gordon downgrades SDL (SDL.LN) to hold from buy and raises target price to 513p from 512p. This
Read moreUK SMALLCAP ROUNDUP: Smiths News Looking For Acquisitions
15th Jul 2010 12:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SMITHS NEWS PLC (NWS.LN), a newspaper and magazine wholesaler, said Thursday it is exploring acquisition opportunities as it looks to diversify its reven
Read moreLondon midday: Footsie recovers equilibrium
15th Jul 2010 12:05
Leading shares are mixed, with laggards marginally in the majority among FTSE 100 constituents although the index itself ended the morning in positive territory. Metal prices have recovered and mining stocks are not such a drag on the index as they were in the first two hours of trading. Global in
Read moreUK SMALLCAP ROUNDUP: SuperGroup Profit Leaps On New Stores
15th Jul 2010 09:30
Dow Jones smallcap news is now on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps SUPERGROUP PLC (SGP.LN), a fashion retailer, posted a leap in fiscal 2010 pretax profit as sales surged due to more store openings, and said this fiscal
Read moreMARKET TALK: SDL's Language Weaver Buy Strategically Sound
15th Jul 2010 09:18
0818 GMT [Dow Jones] SDL's (SDL.LN) acquisition of Language Weaver, a company that makes automatic translation software, is a strategically sound deal in an area that's becoming ever more important, say analysts at Piper Jaffray. Add the $42.5 million it agreed to pay is a reasonable price for a str
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
15th Jul 2010 09:18
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] 0818 GMT [Dow Jones] SDL's (SDL.LN) acquisition of Language Weaver, a company that makes automatic translation software, i
Read moreLondon open: Miners offset positive company news
15th Jul 2010 08:20
London's blue chips have opened lower as weak miners overshadow a number of positive company statements. Kazakhmys is leading the fallers, closely followed by Xstrata, Eurasian Natural Resources, Antofagasta, Vedanta Resources, Lonmin and Rio Tinto. On the positive side, global information service
Read moreLondon pre-open: Dull start foreseen despite Glaxo verdict
15th Jul 2010 07:38
After London put in a strong finish yesterday there were hopes that the market would resume its advance today but last night's middling performance by US stock markets appears to have put paid to those hopes. Traders are expecting the FTSE 100 to open lower, probably by around 16 points. A cloud
Read moreSDL To Buy US Automatic Translation Software Firm For $42.5M
15th Jul 2010 07:28
LONDON (Dow Jones)--Translation services company SDL PLC (SDL.LN) Thursday said it agreed to buy an automatic translation software company for $42.5 million, in a deal that will allow its customers to translate larger volumes of online content quicker. SDL said the cash purchase of Los Angeles-b
Read moreSDL buys machine translation firm
15th Jul 2010 07:20
Information management specialist SDL has purchased automated translation firm Language Weaver. SDL is paying $42.5m (£28.2m) in cash for the US firm, subject to adjustments for closing working capital and cash positions, with target cash in the business of $4m. The company said the acquisition wi
Read moreSdl Plc Acquisition Of Language Weaver Inc
15th Jul 2010 07:00
TIDMSDL RNS Number : 3903P SDL PLC 15 July 2010 ? SDL Acquires Language Weaver, Affirming its Leadership in Machine Translation and Global Information Management Maidenhead, United Kingdom - 15th July 2010 - SDL, the leading provider of Global Information Management solu
Read moreLondon close: Flat finish
30th Jun 2010 15:56
A jumpy start on Wall Street did nothing to steady a volatile Footsie, but despite all the fluctuations the leading index finished hardly changed on the day. London lost 272 points in June, the third monthly decline in a row, and traded a range of well over 400 points. Miners ENRC, Kazakhmys and A
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