London close: Footsie turns lower as US nerves kick in
21st Sep 2010 16:33
Footsie fell into the red in late trading as nervousness kicked in on Wall Street ahead of the Federal Reserve's statement on the outlook for the US economy this evening. The Fed will also make its rate decision. In company news here, Cairn Energy was a strong performer after an update of drillin
Read moreLondon afternoon: Footsie cruises higher
21st Sep 2010 14:27
The blue-chip index edged a little higher over the lunch time session but traders are reluctant to go too far out on a limb prior to the Federal Reserve's rate decision, due to be announced this evening. Dual-listed cruise operator Carnival said third quarter revenues rose to $4.4bn from $4.1bn th
Read moreLondon midday: Slick gains from oil companies
21st Sep 2010 12:04
Footsie has recovered its poise after taking a bit of a knock following disturbing public sector borrowing figures. The measure of public sector net borrowing came in at £15.302bn, up from £14.1bn in August last year, and well ahead of forecasts of £12.51bn. Cairn Energy is the best performer after
Read moreLondon open: Footsie makes small gains
21st Sep 2010 08:54
Footsie has opened higher encouraged by yesterday's 145-point surge on Wall Street and some bullish company news. Online betting exchange Betfair must think the recent rally is sustainable. It is to take a punt on the market's appetite for new issues and float in London. No pricing details accompan
Read moreLondon pre-open: Indecisive start in store
21st Sep 2010 07:37
In keeping with the other major European indices the Footsie is expected to open barely changed from last night's close, with traders keeping their powder dry ahead of this evening's announcement from the US Federal Reserve about its interest rate policy and, more importantly, its stance on further
Read moreSerco adds partner to pathology JV
21st Sep 2010 07:15
Outsourcing giant Serco said a leading National Health Service (NHS) foundation trust is joining its pathology joint venture to form the UK's largest provider of pathology services. King's College Hospital NHS Foundation Trust has joined GSTS Pathology, the joint venture between Guy's & St Thomas's
Read moreSunday tips round-up: Sportingbet, PureCircle, Serco...
5th Sep 2010 13:08
Over the next couple of years it's possible that the online gaming industry will emerge from its troubled past and boom again as it did in the early years of this century. With this in mind, the Mail on Sunday reckons the London-listed online bookmaker Sportingbet might be worth a flutter. Sportin
Read moreUPDATE: UK Cable: Govt To Allow Civil Nuclear Exports To India
28th Jul 2010 17:32
LONDON (Dow Jones)--Business Secretary Vince Cable Wednesday said the government plans to allow the export of the U.K.'s civil nuclear technology and expertise to India for the first time. The plan comes despite previous security concerns as India isn't a signatory to the Nuclear Non-Proliferati
Read moreUK Cable: Govt Set To Allow Civil Nuclear Exports To India
28th Jul 2010 12:43
LONDON (Dow Jones)--Business Secretary Vince Cable Wednesday said the government plans to allow the export of the U.K.'s civil nuclear technology and expertise to India for the first time. The plan comes despite previous security concerns as India isn't a signatory to the Nuclear Non-Proliferati
Read moreRaytheon Wants Talks With UK Govenment On E-Borders Contract
23rd Jul 2010 15:02
By Steve McGrath Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Raytheon Co. (RTN) Friday said it wants urgent talks with the U.K. government about a border control technology contract, a day after the U.K. said it was terminating the U.S. company's contract because critical parts of the progra
Read moreUK government cancels e-Borders contract
22nd Jul 2010 13:24
The UK government's cancellation of a £750m e-Borders contract with prime contractor Raytheon Systems will have a knock-on effect on Serco and QinetiQ. Both Serco and Qinetiq are involved in the Trusted Borders consortium which Raytheon heads. Serco was responsible for infrastructure and service m
Read more2nd UPDATE:UK Govt Ends Border Control Contract With Raytheon
22nd Jul 2010 12:36
(Adds detail.) By Steve McGrath Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Thursday said it was terminating a contract to supply border control technology with U.S. firm Raytheon Co. (RTN) because critical parts of the program are running at least 12 months late.
Read moreUPDATE: UK Govt Ends Border Control Contract With Raytheon
22nd Jul 2010 12:19
(Adds detail.) By Steve McGrath Of DOW JONES NEWSWIRES LONDON (Dow Jones)--The U.K. government Thursday said it was terminating a contract to supply border control technology with U.S. firm Raytheon Co. (RTN) because critical parts of the program are running at least 12 months late.
Read moreUK Govt Terminates Border Control Contract With Raytheon
22nd Jul 2010 12:03
LONDON (Dow Jones)--The U.K. government Thursday said it was terminating a contract to supply border control technology with U.S. firm Raytheon Co. (RTN) because critical parts of the program are running at least 12 months late. The U.K.'s Home Office said in a statement that the Home Secretary
Read moreUPDATE: Capita Cautions Of Short-Term Growth But Still Upbeat
22nd Jul 2010 11:56
(Adds comment and detail.) By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Capita Group PLC (CPI.LN), the U.K.'s largest provider of business services, on Thursday reported a 15% increase in first-half pretax profit and said that it is well placed to continue growing, but cau
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