DS Smith wary despite bright first quarter
8th Sep 2009 07:16
Cardboard and paper supplier DS Smith enjoyed a better than expected first quarter's trading, but is still concerned about the level of demand overall while input costs are rising. 'Overall trading in the first quarter of financial year 2009/10 has been ahead of management's expectations as describ
Read moreFriday tips round-up: Costain, Diageo, Menzies
26th Jun 2009 06:44
Costain shares are pricey and each time the contractor puts out one of its impressive updates, the share price increases by a little less than last time. The truth is that everyone expects Costain to keep churning out the good results and the stock has become stymied. The Independent, though, argue
Read moreLondon close: Late rally not enough
25th Jun 2009 17:01
A late rally by UK equities was not enough to prevent the blue-chip index closing in negative territory, largely as a result of weak miners, which were weighted down by softer metals prices. Lonmin, Vedanta, Rio Tinto and BHP Billiton were all stuck in the red. Elsewhere in the sector, Anglo Americ
Read moreLondon afternoon: Banks and miners retreat
25th Jun 2009 14:27
Leading equities drift lower in the afternoon session, led by banks and miners. Asia-focused bank Standard Chartered eases back, despite enjoying record income and operating profit in the first five months of this year. Some of this success has been offset by weakness in consumer banking, however,
Read moreLondon midday: Prices drift lower
25th Jun 2009 12:13
Shares continue to drift lower despite expectations of a firm start on Wall Street. Asia-focused bank Standard Chartered eases back, despite enjoying record income and operating profit in the first five months of this year. Some of this success has been offset by weakness in consumer banking, howe
Read moreLondon open: Miners drop early on
25th Jun 2009 08:10
London's top stocks are lower in early dealings Thursday following a weak finish in the US last night, with miners among the main fallers. Lonmin, Antofagasta and Eurasian Natural Resources are all stuck in the red. Elsewhere in the sector, the Times is reporting that Xstrata has stepped up its cam
Read moreLondon pre-open: Early dip on the cards
25th Jun 2009 07:40
A weak finish in the US last night will send London around 10 points lower in early deals, according to futures prices. BP has appointed Carl-Henric Svanberg, currently chief executive officer of Swedish telecommunications company Ericsson, to replace Peter Sutherland as chairman. Svanberg, who is
Read moreDS Smith hit by conditions and exceptionals
25th Jun 2009 07:14
DS Smith saw profits slump in the year as the packaging firm said its results were "significantly affected" by an external environment that worsened as the year progressed. All its business segments felt the impact of lower demand for their products and services as a result of the general contracti
Read moreThursday preview: DSG International, Micro Focus, DS Smith
24th Jun 2009 15:10
Shareholders in Currys and PC World owner DSG International will be bracing themselves for bad news when the company declares its full-year results on Thursday, after its rival, Kesa Electricals, announced a near 50% cut in underlying profits on Wednesday. DSG is expected to announced adjusted pre-
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