London close: Shares in late dive
31st Mar 2011 17:19
A late dive sent London's top share index firmly into the red ahead of the close having been flat all day ahead of Ireland's banking stress test. Ireland's central bank said the ailing economy's banks need €24bn (£21bn) to stay afloat. Gold miner Randgold Resources was the star performer in the m
Read moreLondon afternoon: Weak retailers offset strong miners
31st Mar 2011 14:41
Footsie is stuck in neutral, though the flat performance is largely down to strong demand for mining stocks. Gold miner Randgold Resrouces is the star performer in the mining sector after reporting a 55 increase in its attributable mineral resources and reserves for the year to December 2010. T
Read moreLondon midday: Shares fall back
31st Mar 2011 12:18
Shares have slipped into negative territory after a stuttering start on another bad day for the retailers. Tour operator TUI Travel is higher after saying underlying trading has been "satisfactory" during the last six months. Like Thomas Cook on Tuesday, it has not changed its estimate of the cost
Read moreTate & Lyle continues encouraging performance
31st Mar 2011 07:23
Food ingredients firm Tate & Lyle said that operating performance in the year to end-March was in line with market expectations, save for the company receiving a late boost to co-product income from the rise in corn prices. The group has seen global volume growth in Speciality Food Ingredients acr
Read moreSunday newspaper round-up: Inflation, Barclays, BHP Billiton...
13th Feb 2011 11:14
Inflation is set to soar to 4% this week, increasing the chances of an early hike in interest rates and forcing the Bank of England to admit it has again underestimated the extent of rising prices. Economists expect the January inflation figures, unveiled on Tuesday, to show the Vat increase and ro
Read moreThursday tips round-up: Imperial Tobacco, Sage, ICAP...
3rd Feb 2011 06:44
There has been a shortage of good news for investors in Imperial Tobacco and other cigarette makers. Shares in the sector were hit recently by claims that the habit could die out within 40 years. There is little sign of that in Imperial's latest figures. Imperial plans to raise the ratio of earning
Read moreWednesday tips round-up: Amec, Carillion, Autonomy...
2nd Feb 2011 06:47
Exploration and production spending by oil companies is expected to increase significantly in 2011 - with analysts predicting investment could rise by as much as a fifth. This is an opportunity for Amec. Any M&A activity could be a catalyst for the shares to outperform. The shares are trading on a
Read moreLondon close: FTSE 100 soars as Egypt worries ease
1st Feb 2011 16:51
Well-received company updates, strong economic figures here and elsewhere and an easing of worries related to the situation in Egypt helped UK shares to strong gains. Miners led the advance, after strong growth in manufacturing in commodity hungry China in January. The UK, eurozone and US also had
Read moreLondon afternoon: Miners and techs in demand
1st Feb 2011 14:15
Shares added to the morning's gains over the lunchtime session, buoyed by the prospect of a firm start on Wall Street. Miners lead the advance, after strong growth in Chinese manufacturing in January, though technology stocks are also in demand. Mining giant Xstrata produced more coking coal, sem
Read moreLondon midday: Shares add more gains
1st Feb 2011 12:07
Shares have moved higher following a decent start this morning, with upbeat company statements spurring buying interest. Strong growth in Chinese manufacturing and hopes of a peaceful resolution to the Egyptian crisis have also cheered investors. Here, the UK manufacturing purchasing managers' inde
Read moreLondon open: Good start for blue chips
1st Feb 2011 08:42
Overnight gains on Wall Street and a positive session in the Far East sent London's blue chip index past 5,900 in early trading. Concern over the situation in Egypt eased a little yesterday, though tensions still remain very high and the oil price spiked higher. Miner, Centamin Egypt said "Recent
Read moreEncouraging performance at Tate and Lyle
1st Feb 2011 07:44
Tate and Lyle, the food ingredients firm, remains on track to meet its full-year targets after an encouraging third quarter performance. Reporting on the October to December quarter, the group saw continued growth in sales volumes worldwide within its Speciality Foods ingredients division. Volume
Read moreLondon afternoon: Losses trimmed
19th Jan 2011 14:05
Share prices picked up a tad over the lunch time period, but fallers still outnumber risers by more than two to one among FTSE 100 constituents. Publishing giant Pearson is the top blue-chip performer after the FT owner said 2010 earnings will be ahead of previous guidance, as all of its major busi
Read moreLondon close: Strong gains near the close
25th Nov 2010 16:48
Footsie closed the day healthily in the blue as investors got excited about shopping centre owners and other property groups. Capital Shopping Centres Group (CSC), the shopping centre arm of what used to be Liberty International, raced ahead after it put pen to paper to purchase Manchester's Traffo
Read moreLondon afternoon: US interest in Capital Shopping
25th Nov 2010 14:15
Footsie is more or less back to where it started the day after a quiet lunch time session, though investors continue to be excited about shopping centre owners. Capital Shopping Centres Group (CSC), the shopping centre arm of what used to be Liberty International, has raced ahead after it put pen t
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