FTSE 100 movers: Insurers please market
5th Aug 2010 15:40
Strong results from insurers are offsetting disappointing figures from other Footsie companies. Aviva reported a better-than-expected 21% rise in its half-year profit, while RSA Insurance Group announced revenue growth in all geographic regions and a 'resilient underwriting result' in what was a t
Read moreLondon afternoon: Insurers in demand
5th Aug 2010 14:23
Company results have divided opinion in the market today leaving the FTSE 100 in a mixed-up mood, while second-liners make decisive headway. Insurers are doing their bit to push the market higher with Aviva and RSA Insurance both firmer after releasing figures. Aviva reported a better-than-expect
Read moreLondon midday: Footsie stays strong after rally
5th Aug 2010 12:32
Footsie seems to have stabilised in positive territory amid a mixed reception for today's deluge of company updates. There were no surprises from the Bank of England today as its Monetary Policy Committee kept rates on hold at 0.5%. Insurer Aviva is currently the best performer after it reported a
Read moreLondon open: Shares drop amid flood of results
5th Aug 2010 08:20
London's blue chips are slightly lower as investors consider a mixed bag of corporate results on what is set to be one of the busiest days of the year. Cobham is leading the fallers, down more than 6%, after the defence and aerospace products group saw pre-tax profits fall in the half year to June
Read moreSmith & Nephew Q2 tops forecasts
5th Aug 2010 07:12
Medical devices firm Smith & Nephew said it sees clear signs of progress in its US trauma and European businesses and a strong emerging market performance as it posted a 7% rise in second quarter trading profit. Trading profit rose to $226m for the three months to 3 July rose from $212m before. Rev
Read moreEARNINGS PREVIEW: Smith & Nephew Net Profit Up $132M
2nd Aug 2010 15:20
Smith & Nephew PLC (SN.LN): 2Q Earnings Due: August 5 at 0600 GMT DJ Survey of 3 UK analysts Average Net Profit: $132M, up 12% ($118M in Q2 2009) Average Revenue: $936M, up 1% ($926M in Q2 2009) Note: Bernstein Research said it's cautious on the stock ahead of group's 2Q results after U.S. pee
Read morePRESS RELEASE: Smith & Nephew Given Right to Appeal in Patent Litigation in the United Kingdom - Sales of RENASYS Product Range in UK Continues
30th Jul 2010 11:29
HULL, England, July 30 /PRNewswire-FirstCall/ -- The Advanced Wound Management division of Smith & Nephew, Inc., a subsidiary of Smith & Nephew plc. (LSE: SN; NYSE: SNN) notes the finding of the Patents Court of the High Court of Justice of England and Wales in the patent litigation brought by Kinet
Read morePRESS RELEASE: (KCI) KCI Obtains Injunction Against Smith & Nephew In UK
30th Jul 2010 05:06
KCI Obtains Injunction against Smith & Nephew in United Kingdom UK High Court of Justice Enters Injunction Against Smith & Nephew's NPWT Products; Injunction Stayed Pending Expedited Appeal SAN ANTONIO--(BUSINESS WIRE)--July 30, 2010-- Kinetic Concepts, Inc. (NYSE:KCI) today announced that t
Read moreMARKET TALK: S&P Equity Research Cuts Smith & Nephew Target
23rd Jul 2010 15:39
1439 GMT [Dow Jones] S&P Equity Research cuts Smith & Nephew (SN.LN) price target to 530p from 600p ahead of the company's 2Q results. Says S&N's sanguine outlook for '10 will be increasingly challenged, following slowing orthopedic sales in its US counterparts in 2Q'10. Says continuing pricing pres
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
23rd Jul 2010 15:39
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 1439 GMT [Dow Jones] S&P Equity Research cuts Smith & Nephew (SN.LN) price target to 530p from 600p ahead of the company's
Read moreUS HOT STOCKS: Netflix, Ebay, Qualcomm Active In Late Trading
21st Jul 2010 22:25
U.S. stocks traded lower Wednesday as the Dow Jones Industrial Average lost 1.1% to 10121, the S&P 500 slid 1.3% to 1070 and the Nasdaq Composite fell 1.6% to 2187. Among the companies whose shares are actively trading in the after-hours session are Netflix Inc. (NFLX), eBay Inc. (EBAY) and Qualcomm
Read moreADR REPORT: Shares Close Lower On Macroeconomic Concerns
21st Jul 2010 22:10
By Emily Glazer Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)--International companies trading in New York closed lower Wednesday as investors' worries about the economic outlook following comments from U.S. Federal Reserve Chairman Ben Bernanke overshadowed better-than-expected earnings from
Read moreMedical-Device Stocks Fall On Pricing, Market Growth Worries
21st Jul 2010 19:11
By Jon Kamp Of DOW JONES NEWSWIRES Shares of medical-device makers fell Wednesday after some of the sector's heavy hitters signaled ongoing struggles in top markets for orthopedic and heart devices, which face growth challenges and a persistent threat to product prices. Second-quarter re
Read moreUS HOT STOCKS: Stryker, Textron, United Rentals, US Airways -3-
21st Jul 2010 18:28
Ralcorp Holdings Inc. (RAH, $56.40, +$0.98, +1.77%) said it plans to offer $450 million in notes to finance its planned $1.2 billion American Italian Pasta Co. (AIPC, $52.98, +$0.02, +0.04%) acquisition. RC2 Corp. (RCRC, $16.42, +$1.33, +8.81%), which makes toys and infant-care products, posted
Read moreLondon close: Good gains for FTSE 100
21st Jul 2010 17:04
Footsie's advance was pared slightly at the close of trading but shares still finished with strong gains. Mining stocks led the advance as copper inventories continue to contract, with Kazakhmys, Antofagasta, Vedanta and Xstrata at the head of the pack. Sticking with the resource sector, mining a
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