TechMARK movers: Smith & Nephew, Optos up
16th Sep 2009 15:13
Knee and hip joint supplier Smith & Nephew said it is launching two extensions to the ALLEVYN Ag range of dressings; ALLEVYN Ag Gentle Border and ALLEVYN Ag Gentle. 'The addition of these two new ALLEVYN Ag variants will undoubtedly add to the growing success of ALLEVYN and will enable us to maint
Read moreLondon afternoon: Footsie consolidates gains
16th Sep 2009 14:30
The number of FTSE 100 constituents in the red today is in single figures as investors chase up share prices in the wake of relatively upbeat comments from Federal Reserve Chairman Ben Bernanke last night. Bernanke said the US recession 'is very likely over at this point,' prompting an advance by gl
Read moreLondon midday: Footsie breaks through 5100
16th Sep 2009 11:58
Leading shares rose steadily throughout the morning session pushing the FTSE 100 index through the 5100 barrier. Mining stocks are responsible for much of the rise as metals prices head north after Federal Reserve Chairman Ben Bernanke said the US recession 'is very likely over at this point' in a s
Read moreSmith & Nephew launches new antimicrobial dressings
16th Sep 2009 10:05
Knee and hip joint supplier Smith & Nephew said it is launching two extensions to the ALLEVYN Ag range of dressings; ALLEVYN Ag Gentle Border and ALLEVYN Ag Gentle. 'The addition of these two new ALLEVYN Ag variants will undoubtedly add to the growing success of ALLEVYN and will enable us to maint
Read moreComment: Predators stalking big game
11th Sep 2009 13:37
Merger mania has been sparked this week by the Kraft bid for Cadbury and the proposed joint-venture between the UK operations of mobile phone operators Orange and T-Mobile, with pundits posing the question: who’s next? Stockbroker Killik has identified five big names that might be on the takeover m
Read moreLondon close: Blue chips surge continues
30th Jul 2009 16:42
Corporate newsflow and resurgent miners sent Footsie to within a whisker of its highest close this year. Investors piled into blue chips after a string of household names reported earnings this morning. Triple-digit gains for the Dow added to the upward momentum in the afternoon. Telecoms giant
Read moreLondon afternoon: Miners push Footsie higher
30th Jul 2009 14:48
Corporate news-flow and resurgent miners are driving Footsie higher today, with the benchmark index adding to its gains over the lunch-time session. Telecoms giant BT racked up a double-digit percentage gain in the morning after quarterly figures that were not as bad as feared. EBITDA (earnings b
Read moreLondon midday: Footsie tops 4600
30th Jul 2009 11:54
Footsie has broken through the 4,600 barrier, helped by well received results from index heavyweight BT and strong demand for miners. Telecoms giant BT racked up a double-digit percentage gain in the morning after quarterly figures that were not as bad as feared. EBITDA (earnings before interest, t
Read moreLondon open: Positive start to busy day
30th Jul 2009 08:16
Investors have a batch of results to consider this morning, with BT currently leading London's blue chips higher after publishing quarterly figures. Telecoms giant BT saw adjusted EBITDA fall 3% in the first quarter, held back by BT Global Services. It saw adjusted EBITDA come in at £1.3bn against
Read moreLondon pre-open: Company updates to lift Footsie
30th Jul 2009 07:51
A strong start is expected from FTSE 100 as the results stream continues. Royal Dutch Shell said its second quarter results were affected by the weak global economy as net profit slumped 70%. Second quarter earnings, on a current cost of supplies (CCS) basis, came in at $2.3bn, which was in line wi
Read moreSmith & Nephew quarterly profits rise
30th Jul 2009 07:29
Knee and hip joint supplier Smith & Nephew posted a rise in second quarter profits but expects its products which serve the younger more active patient segment to face greater challenges. Pre-tax profit increased to $176m in the quarter ended 27 June from $157m in the prior year period. Revenues w
Read moreLondon close: Footsie finishes ahead
20th Jul 2009 16:41
London's top stocks remained in the same range and closed with good gains as financials and miners had a strong day. Wall Street starting higher also helped. Sentiment was lifted in the US after reports that lender CIT Group has obtained a last-minute emergency financing rescue deal worth $3bn. Ll
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