Wednesday tips round-up: Sports Direct, Greene King, DS Smith...
8th Sep 2010 06:40
The main reasons for the discount on Sports Direct's shares are the two ongoing investigations into the retailer's activities, involving the Serious Fraud Office and Office of Fair Trading. While the retailer is co-operating fully with the inquiries, there remains the prospect of a surprise, such
Read moreLondon close: Winning streak ends
7th Sep 2010 16:48
London's leading share index gave up a winning streak that lasted all last week and continued yesterday. The day started sluggishly and continued in that vein after a lower start on Wall Street. Takeover talk provided much of the excitement, with bid speculation about engineering group Invensys an
Read moreLondon afternoon: Bid rumours relieve the gloom
7th Sep 2010 14:02
It's a case of 'another day, another bid rumour' for London, with bid speculation about engineering group Invensys and oil explorer Tullow Oil providing a bit of cheer to a subdued market. The rumour-mongers are suggesting that the UK engineering conglomerate could be the subject of a 350p per sh
Read moreLondon midday: Winning streak in danger
7th Sep 2010 12:02
Footsie ended the morning making its second attempt of the day at a rally but the blue-chip index remains in negative territory and in danger of seeing its winning streak in September come to an end. Expectations of a lower start on Wall Street as the US returns to work after the Labour Day holiday
Read moreLondon open: Rising streak under threat
7th Sep 2010 09:00
London's seven-day run of gains is under threat as blue chips are struggling in the early exchanges. Barclays is lower after it confirmed Bob Diamond, head of its investment banking arm, Barclays Capital, will take over as chief executive when John Varley steps down at the end of March next year. D
Read moreConsumer goods moving fast at DS Smith
7th Sep 2010 07:44
Office products wholesaler DS Smith has been trading in line with expectations in its new financial year with volume growth seen throughout the group. Reporting on trading since 1 May, the first quarter of the company's financial year, the company said volume growth has been led by its Fast Movin
Read moreElectrocomponents Names Peter Johnson Chairman
30th Jul 2010 10:09
LONDON (Dow Jones)--Electrocomponents PLC (ECM.LN), a distributor of electronics and maintenance products, said Friday it has appointed Peter Johnson Chairman, following the retirement of Helmut Mamsch at the recent AGM. MAIN FACTS: -Johnson will become Chairman on Oct. 1 and, in the meantim
Read moreDS Smith Signs Binding Share Purchase Deal With Carlyle Group
14th Jul 2010 07:41
LONDON (Dow Jones)--DS Smith Plc (SMDS.LN), a corrugated and plastic packaging, and paper supplier, announced Wednesday that it has entered into a binding share purchase agreement regarding the acquisition of the entire interest controlled by The Carlyle Group in Otor S.A.. MAIN FACTS: -The
Read moreOffice Of Fair Trade Merger Update
9th Jul 2010 12:00
TIDMSMDS RNS Number : 1143P Office of Fair Trading 09 July 2010 Invitation to comment Anticipated acquisition by DS Smith plc of Otor SA The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will result in the creation o
Read moreLondon close: Back above 5,000
7th Jul 2010 16:21
Britain's banks staged an impressive turnaround Wednesday that helped carry London out of the red and onto a second day of very respectable gains. High street lenders were unsettled early on as investors waited for details on the nature of European stress tests for about 100 banks. Last-minute hagg
Read moreUK SMALLCAP ROUNDUP: Photo-Me Eyes "Futuristic" Photos Boost
7th Jul 2010 16:00
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps PHOTO-ME INTERNATIONAL PLC (PHTM.LN), a photo booth operator, said a significant proportion of future revenue is set to come from its "futuristic" photo boot
Read moreLondon afternoon: Banks help retrace losses
7th Jul 2010 14:26
London's leading shares have retraced most of the earlier losses as Wall Street starts with some modest gains. Wall Street was expected to begin jittery but moved ahead with tech stocks leading the advance. Banks, which were lower earlier in the day, have now retraced those losses. Lloyds and HSB
Read moreUK SMALLCAP ROUNDUP: Aveva Eyes Boost From BP Gulf Spill
7th Jul 2010 12:30
Dow Jones smallcap news is on Twitter, allowing you to catch up on the news away from your desk. Go to http://twitter.com/DJ_UK_Smallcaps AVEVA GROUP PLC (AVV.LN), a maker of engineering software, said Wednesday that safety concerns following the Gulf of Mexico oil spill will likely increase de
Read moreLondon midday: Market struggles despite BP rally
7th Jul 2010 12:07
A cautious update from Marks & Spencer and weak banking shares are weighing on the market despite good showings from BP and Sainsbury's. M&S reported a 3.6% rise in UK like-for-like sales in the first quarter, but is cautious about the outlook for consumer confidence and spending. Like for like sal
Read moreFTSE 250 movers: Aquarius down on Marikana deaths
7th Jul 2010 11:34
Mining company Aquarius Platinum is leading the faller after five people died yesterday at its Marikana platinum mine when a shaft collapsed. A sixth person has been hospitalised as a result of the incident while a seventh sustained minor injuries. All those who died were employees of the mining
Read more