London close: Footsie rallies but falls short
8th Oct 2010 16:37
Footsie made a late charge for positive territory ahead of the close, in line with buoyancy in the US, but fell just short. The positive performance in the US was in spite of non-farm payrolls declining 95,000 in September when they had been expected to remain virtually unchanged. The 'glass half f
Read moreLondon afternoon: Shares rally on QE hopes
8th Oct 2010 14:37
US jobless data proved to be much worse than expected, with non-farm payrolls declining 95,000 in September when they had been expected to remain virtually unchanged, but the 'glass half full' optimists have taken the view that this makes a resumption of economic stimulus by the Federal Reserve more
Read moreBroker tips: Mid-cap income plays, Carnival, Speedy Hire
8th Oct 2010 13:15
Broker Charles Stanley has run the microscope over constituents of the FTSE 250 index looking for key income buys and come up with five likely candidates. Though the broker was looking at stocks primarily for their attractive yields, it makes a good case for diving into the FTSE 250 for capital app
Read moreBroker snap: Speedy Hire to recover from hammering
8th Oct 2010 13:11
The share price of tool hire firm Speedy Hire has been hammered after the company revealed a £1.7m bad debt charge, but KBC Peel Hunt thinks the company is well positioned for recovery. Aside from the bad debt, related to the collapse of the social housing group Connaught, Speedy Hire's first half
Read moreLondon midday: Nervous wait for US jobs data
8th Oct 2010 12:25
The clock is ticking down on this afternoon's release of US non-farm payrolls data and the market is showing signs of nervousness, with the Footsie drifting back and in danger of slipping below 5600. Bank Barclays is down after PCP3, a vehicle linked to Man City owner Sheikh Mansour bin Zayed al-N
Read moreLondon open: Quiet start ahead of jobs data
8th Oct 2010 08:52
London has opened quietly as traders focus on the US where September's non-farm payrolls numbers are due to be released this afternoon. Expectations are for a 5,000 increase in non-farm payrolls, while the unemployment rate is expected to nudge up to 9.7% from 9.6% in August. Until those numbers a
Read moreLondon pre-open: Waiting on US jobs data
8th Oct 2010 07:33
On what looks likely to be a quiet day for UK corporate news traders are focused on the US where September's non-farm payrolls numbers are due to be released this afternoon. Expectations are for a 5,000 increase in non-farm payrolls, while the unemployment rate is expected to nudge up to 9.7% from
Read moreSpeedy Hire hit by Connaught collapse
8th Oct 2010 07:17
Speedy Hire will take a £1.7m bad debt charge after the the collapse of social housing group Connaught, which was a big customer of the plant hire group. Speedy could also lose £1.7m of budgeted revenue from the second half, though it says it has good relationships with the companies that have take
Read moreUK SMALLCAP ROUNDUP: PIRC Opposes Cranswick Election And Pay
20th Jul 2010 16:00
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 CRANWSICK PLC (CWK.LN) shareholders should oppose the re-election of executive chairman Martin Davey as well as the remuneration report, investor advisor
Read moreUK SMALLCAP ROUNDUP: Findel Sinks As Review Widens
20th 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 FINDEL PLC (FDL.LN), a home shopping firm and supplier of education products, Tuesday said it launched a wide-ranging review of all its units after accou
Read moreUK SMALLCAP ROUNDUP: Soco Intl Sells Thai Unit To Salamander
20th 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 SOCO INTERNATIONAL PLC (SIA.LN), an oil and gas company, Tuesday said it sold a Thailand-based subsidiary to peer Salamander Energy PLC (SMDR.LN) for $10
Read moreSpeedy Hire Cautious On Recovery Prospects; 1Q Revenue -0.7%
20th Jul 2010 07:45
LONDON (Dow Jones)--U.K. tool and equipment hire firm Speedy Hire PLC (SDY.LN) Tuesday said it has a cautious view on recovery prospects in the U.K. for the remainder of this year and next as it awaits the outcome of the U.K. government's Autumn Spending Review. In an update on first-quarter tra
Read moreSteady improvement at Speedy Hire
20th Jul 2010 07:16
Plant hire specialist Speedy Hire said interim results so far have been in line with expectations as the underlying steady improvement continues into July. Revenues, excluding fleet equipment sales, in the three months to 30 June 2010 were down 0.7% from the same period last year. "Whilst market c
Read moreLondon close: Eurozone worries batter Footsie
19th May 2010 16:36
European concerns were behind sharp falls in shares today as plans by Germany to slap a ban on short-selling of European bonds, credit default swaps and ten of Germany's biggest financial groups spooked investors. German chancellor Angela Merkel's warning that Europe is facing its greatest crisis i
Read moreLondon afternoon: Experian provides isolated cheer
19th May 2010 14:13
Leading shares trimmed their losses over the lunchtime session but the predominant colour on the Footsie leaderboard remains red. Mining companies lead the retreat on fears that Germany's decision to impose an immediate ban on "naked short selling" of euro-denominated government bonds and also cred
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