Whitbread's Richard Baker tops up
22nd Jun 2011 16:48
Non-executive director Richard Baker has added to his holding in the Costa Coffee and Premier Inn hotels group Whitbread, splashing out more than £50,000 despite a mixed trading update from the company. He paid 1,573p a time for 3,186 shares and now has 8,152. It is his first purchase of shares sin
Read moreF&C chairman continues buying
18th Mar 2011 16:54
F&C Asset Management chairman Edward Bramson's interests have been consistently buying shares in the past week, while F&C chief executive Alain Grisay has made a significant disposal. Bramson was appointed chairman of F&C last month after a shareholder coup but his investment vehicle SIGA LP had
Read moreIncoming United Utilities boss splashes out
16th Mar 2011 16:28
United Utilities' incoming chief executive has spent £400,000 on shares in the water supplier. Steven Mogford, who will take the reins at United Utilities on 31 March, took 70,814 shares at 564.9p a time, his first purchase of shares in the company. Mogford's appointment was announced in November
Read moreWednesday tips round-up: Antofagasta, Weir, Inchcape...
9th Mar 2011 06:48
Copper miner Antofagasta already trades at "considerably higher multiples than those of Kazakhmys or indeed the major diversified miners", according to brokers. Given that, it is not a buy but the company's strengths and the confidence evidenced by the special dividend means this is not a sell say
Read moreLondon close: FTSE 100 rallies to flat finish
8th Mar 2011 16:53
The FTSE 100 rallied strongly to close flat after a volatile. Traders were unsure how to react to continuing violence in Libya and indications from Opec that the cartel will lift oil production. The oil price eased, but so did metals, which dealt a blow to the mining sector, particularly precious m
Read moreLondon afternoon: Miners drag down Footsie
8th Mar 2011 14:34
Mining stocks are weighing heavily on Footsie as the price of gold and copper moved lower today. Precious metal miners Randgold Resources and African Barrick are the big fallers in the sector, but even copper miner Antofagasta is under the cosh, despite announcing it is to pay a huge special divid
Read moreLondon midday: FTSE 100 still seeking direction
8th Mar 2011 12:03
Shares are still seeking direction, with the Libyan turmoil continuing to dominate the headlines. US light crude for April delivery fell $1.60 to $103.84 a barrel. Saudi Arabia and others are going to raise output to keep the global economic recovery on track. The easing in prices came after Kuwai
Read moreLondon open: Oil to dominate again
8th Mar 2011 08:47
Oil and Libya are set to dominate again after yesterday's frantic trading on oil markets. US light crude for April delivery is currently down $1.60 at $103.84 a barrel. Saudi Arabia and others are going to raise output to keep the global economic recovery on track. That has taken some of the pressu
Read moreFull steam ahead as Spirax announces special divi
8th Mar 2011 08:27
Tuesday has been a day for special dividends and though the 25p special from Spirax Sarco may not match the one-off payment from Antofagasta, the steam trap and pump maker's shareholders are unlikely to complain as the shares hit a 52-week high. On top of the 25p special dividend the full year divi
Read moreSpirax Sarco improves sales in second half
8th Nov 2010 17:28
Sales have grown quicker at Spirax Sarco during the second half than in the first, the steam trap and pump maker said Monday, although the easy comparisons of 2009 are now behind it. In the ten months to October, sales are up 14%, with 9% of that growth organic and 5% from acquisitions and currency
Read moreUK Small,Mid-Caps To Attract Buyers On Weak Pound-Fund Manager
21st Jul 2010 13:38
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Investors are set to take advantage from the effect of a weak sterling on U.K.-based international companies, manager of the BlackRock UK Special Situations Fund Richard Plackett said Wednesday, especially those interested in smal
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
14th Jul 2010 08:06
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0706 GMT [Dow Jones] Investec initiates coverage of Spirax-Sarco Engineering (SPX.LN) at buy with 1660p price target. Say
Read moreMARKET TALK: Investec Starts Coverage Of Spirax-Sarco At Buy
14th Jul 2010 08:06
0706 GMT [Dow Jones] Investec initiates coverage of Spirax-Sarco Engineering (SPX.LN) at buy with 1660p price target. Says the business model is robust with a broad spread of end markets, wide geographical exposure and significant product revenue streams. Says: "We believe the group can continue to
Read moreBroker tips: Michael Page, Bovis Homes, Spirax-Sarco
9th Jul 2010 12:59
KBC Peel Hunt expects to upgrade its profit forecasts for Michael Page by about 25% for this year and next following the recruiter's second quarter update, cementing the stock's position as one of the broker's top picks in the recruitment sector. "Michael Page's experienced management team, strong
Read moreBroker snap: Spirax story has further to run
9th Jul 2010 11:57
Panmure Gordon has reiterated its "buy" recommendation for Spirax-Sarco Engineering and bumped up its price target following the steam trap and pump specialist's pre-close statement on Tuesday. "Organic growth rates are running as expected but mix and margins are developing favourably at a faster p
Read more