London afternoon: Barclays hit by lawsuit
17th Dec 2009 13:55
Footsie remains deep in negative territory, and with US markets set to open lower, there is no prospect of a boost from Wall Street. Banks and miners are responsible for much of the blue-chip index's fall. Lloyds Banking is leading the fallers, while Standard Chartered and Barclays are also among t
Read moreFTSE 250 movers: Savills in demand
17th Dec 2009 12:12
Estate agent Savills is one of the top risers after saying it expects underlying performance for 2009 to be significantly ahead of its previous forecasts. However, it remains cautious about the sustainability of the current performance of UK residential and Asia Pacific transaction markets in 2010.
Read moreLondon midday: Shares slip as banks and miners slide
17th Dec 2009 12:09
Falls across the board for the heavyweight bank and mining sectors are keeping Footsie firmly in the red. Lloyds Banking is leading the blue chip fallers, while Standard Chartered and Barclays are also among the worst performers. Among the miners, Antofagasta, Eurasian Natural Resources and Xstrat
Read moreLondon open: Banks and miners lead fall
17th Dec 2009 08:49
Weak miners and banking shares are leading London's top stocks lower in early dealings on Thursday. UK shares were expected to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay
Read moreLondon pre-open: Weak start on the cards
17th Dec 2009 07:35
UK shares looks set to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay low for some time, although it upgraded its estimate for the US economy and will continue to rein back s
Read moreSavills sees 2009 'significantly ahead'
17th Dec 2009 07:18
Estate agent Savills expects its underlying performance for 2009 to be significantly ahead of its previous forecasts but said it remains cautious about the sustainability of the current performance of UK residential and Asia Pacific transaction markets in 2010. In recent weeks, the group said it ha
Read moreUK performance cheers Savills
17th Nov 2009 07:51
Estate agent Savills reported strong trading at its UK residential and Asia Pacific businesses but said its European arm continues to face difficult conditions. The UK residential business has continued to perform strongly since June driven by London and the South East, though Savills remains cauti
Read moreLondon close: BAE dives after contract setback
27th Aug 2009 17:15
After dithering for much of the day London ended in arrears, falling for the second day in succession. A weak opening by Wall Street sent the Footsie into decline in the afternoon session and a late swoon by BAE Systems ensured there was no way back to the high ground for the blue-chip index. Shar
Read moreProfits evaporate at Savills
27th Aug 2009 15:10
Estate agent Savills saw interim profits virtually vanish as lack of finance continues to hobble the housing market. Group revenue in the first half of 2009 eased to £247.6m from £278.1m a year earlier while profit before tax slumped to £0.1m from £33.4m. Nevertheless, group chief executive Jeremy
Read moreLondon afternoon: Back in the blue
27th Aug 2009 14:27
The London stock market continues its see-saw day, moving back into positive territory over the lunch-time session. Some encouragement was drawn from the CBI's distributive trades survey which found that the balance of retailers expecting a deterioration in their general business situation over the
Read moreFTSE 250 movers: 3i stages recovery
5th Jun 2009 13:44
Shares in 3i Group have recovered after falling yesterday amid uncertainty over the private equity group's £700m rights issue. On a mixed day for food-related stocks Goodfellas pizza maker Northern Foods is 6% higher but pork products group Cranswick sits with the fallers. Property stocks are also
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