London close: Footsie weakness continues
27th Jan 2010 17:00
Shares continued their weak run of recent days, with the FTSE 100 ending the day deep in the red. Mining stocks fell on enduring concerns that the Chinese authorities will introduce further measures aimed at cooling down the country's overheating economy. Xstrata, Fresnillo and Anglo American are t
Read moreLondon afternoon: Stocks stuck in reverse
27th Jan 2010 13:38
London's attempts at a rally fizzled out over the lunch time session though the Footsie is trying once more at the mid-afternoon point to climb the mountain. Mining stocks continue to impede the blue-chip index's progress, however, on enduring concerns that the Chinese authorities will introduce f
Read moreLondon midday: Miners pull blue chips lower
27th Jan 2010 12:02
Footsie is trying to rally after an early sell-off on fears that China is planning fiscal measures to cool growth. Mining stocks once again feature prominently among the laggards, with Xstrata, Fresnillo and Anglo American the worst hit. Mining giant Vedanta Resources is also lower despite seeing
Read moreSystem C Healthcare profit bounces 49%
27th Jan 2010 07:56
Shares in System C Healthcare rose over 2% after it reported a 49% increase in first half pre-tax profit and said it expects full year profit to be in line with market forecasts. The group, which provides information solutions and services to the UK health and social care sectors, said pre-tax prof
Read moreLondon close: Banks boost Footsie late
11th Jun 2009 16:33
London rallied strongly late on, helped by gains for banks, which outweighed profit taking among the big mining stocks and weakness among oil users as the price of crude rose again. Speculation is growing about the timing of the government's withdrawal from ownership of large stakes in Royal Bank
Read moreLondon afternoon: Banks in demand
11th Jun 2009 14:47
London is having a languid day, with Footsie lacking direction. Banks are strong but their gains are counterbalanced by losses on mining stocks. Banks are in focus as speculation grows about the timing of the government's withdrawal from ownership of large stakes in Royal Bank of Scotland (RBS), L
Read moreLondon midday: Leading shares remain mixed
11th Jun 2009 11:54
Leading shares continue to tread water, with little sign of strong influence from Wall Street, which is expected to open moderately firmer. Home Retail Group is slightly off the pace after this morning's trading statement. The retailer said both Argos and Homebase enjoyed better than expected sales
Read moreLondon open: Shares drop slightly
11th Jun 2009 08:20
London's blue chips are slightly lower in early dealings with commodity stocks among the main fallers following yesterday's stellar gains. Mining giants Lonmin, Rio Tinto, Eurasian Natural Resources and Xstrata are all down. Home Retail Group said both Argos and Homebase enjoyed better than expect
Read moreLondon pre-open: Slight advance expected
11th Jun 2009 07:47
Footsie is expected to edge up in early dealings, building on gains yesterday. Home Retail Group said both Argos and Homebase enjoyed better than expected sales in the quarter and grew market share. Total sales at Argos grew by 0.9% in the 13 weeks ended 30 May to £937m, while like-for-like sales d
Read moreSystem C profits at top end
11th Jun 2009 07:22
System C, an information solutions and services provider to the healthcare sector, expects profit for the financial year ending 31 May 2009 to be at or around the top end of market expectations. The group said pre tax profits is expected to be over 20% higher than for the year to 31st May 2008. Th
Read moreSmall caps round-up: Clean Air Power, Forbidden Tech, ProStrakan...
14th May 2009 11:07
Deals to supply supermarket Sainsbury's and dairy group Robert Wiseman helped the fuel technology group Clean Air Power post a rise in revenues and reduce losses over 2008. Pre-tax losses fell to £2.4m from £3m as turnover climbed to £6.5m from £4.7m. Internet video platform developer Forbidden Te
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