London close: Commodity slide hits Footsie
13th Jan 2010 16:32
Footsie ended the day firmly in the red with low commodity prices helping to offset positive broker coverage. With the oil price below $80, oil titans Royal Dutch Shell and BP found themselves on traders' sell lists. BG Group also slipped even after HSBC upped its price target for the stock from 13
Read moreLondon afternoon: Leading shares mixed
13th Jan 2010 14:57
Leading shares are mixed having picked up a little over the lunch time session, helped by a firmer start on Wall Street. With the oil price below $80, oil titans Royal Dutch Shell and BP find themselves on traders' sell lists, but BG Group makes headway after HSBC upped its price target for the st
Read moreLondon midday: Ferrero pulls out of Cadbury chase
13th Jan 2010 11:56
Oils and banks are dragging the Footsie down, with sentiment also soured by disappointing manufacturing output figures. While industrial production showed a 0.4% rise in November, better than the 0.3% rise economists had been predicting, manufacturing output remained unchanged from October's level
Read moreLondon open: Footsie marks time
13th Jan 2010 08:50
Last night's decline on Wall Street, its first of 2010, has tipped Footsie lower a little in early deals though the fall so far is modest. US stocks were hurt by weaker than expected fourth quarter results from aluminium producer Alcoa after hours Monday, while Chinese moves to cool bank lending an
Read moreLondon close: Footsie bounces back
27th Nov 2009 16:28
Footsie ended the day with good gains as investors' nerves calmed following sharp declines on the back of worries about the financial sector's exposure to a debt default by Dubai World. Shares initially fell, adding to heavy losses yesterday after Dubai stunned financial markets when it announced t
Read moreLondon afternoon: Footsie advancing again
27th Nov 2009 14:11
Footsie has rallied and is now showing modest gains as worries over the Dubai debt situation ease. Royal Bank of Scotland has led teh recovery having calmed nerves by saying it has signed up for the government's asset protection scheme (APS). The bank said in a statement that the agreement was sign
Read moreLondon midday: Footsie still lower
27th Nov 2009 12:41
Footsie is still sitting slightly lower amid continued worries over the Dubai debt situation. But Royal Bank of Scotland is now going well having fallen back in early dealings on fears over the financial sector's exposure to a debt default by Dubai World. RBS calmed nerves by saying it has signed u
Read moreLondon open: Dubai fall-out hits again
27th Nov 2009 08:42
London has opened better than forecast after panic on Asian markets overnight over the problems in Dubai. Japan's Nikkei was down 301 points to 9,081, a new four-month closing low. Banks were bashed on worries about the financial sector's exposure to a debt default by Dubai World. Hong Kong fell ov
Read moreSchroders executives pocket option gains
17th Nov 2009 15:51
Two executive directors of asset manager Schroders have taken up options and sold most of them for large profits. Chief executive Michael Dobson took up options over 1,802,033 non-voting shares, of which 906,285 were at nil cost and the rest at prices of 705p, 483p and 398p a share. The total cost
Read moreWednesday tips round-up: Randgold, Schroders, InterContinental Hotels
11th Nov 2009 06:19
As most things have crashed down around the feet of investors in the past year, so gold has enjoyed a revival as investors flocked to safer ground. As such, Randgold Resources, possibly the biggest company you might never have heard of, has cashed in. The mining group is the only pure gold miner on
Read moreLondon close: Flat finish for FTSE 100
10th Nov 2009 16:29
Footsie finished slightly in the red having failed to find any sense of direction all day as results sent stocks in both directions. Banking titan HSBC climbed after it said underlying third quarter profit was "significantly" ahead of the same time last year. It's also seeing some stabilisation in
Read moreLondon afternoon: Miners drag Footsie under
10th Nov 2009 14:31
With the US markets opening lower, London has followed suit, despite a strong performance from FTSE 100 index heavyweight HSBC. Banking titan HSBC said underlying third quarter profit was "significantly" ahead of the same time last year. It's also seeing some stabilisation in its bad debts picture,
Read moreLondon midday: Mixed fortunes for banks
10th Nov 2009 11:58
Despite a slew of company results to pick over the market continues to lack direction, though a good reception to results from index heavyweight HSBC helps underpin the FTSE 100's positive showing. Banking titan HSBC said underlying third quarter profit was "significantly" ahead of the same time la
Read moreLondon open: Early improvement
10th Nov 2009 08:33
UK shares have started to edge higher after an initial pause as investors weigh up a flood of results from some of the country's biggest companies. Schroders leads the way following a smaller than expected 19% drop in third quarter profit. The fund manager made a profit before tax and exceptional i
Read moreSchroders
10th Nov 2009 07:43
Fund manager Schroders made a bigger than expected profit during the third quarter and funds under management rose sharply as investors ploughed money back into the market. Profit before tax and exceptional items rose to £57.8m in the three months to 30 September, down 19% from £71.5m a year earlie
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