London 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
Read moreLondon midday: Footsie sluggish despite updates
25th Nov 2010 12:05
Footsie is in sluggish mode, and may remain so given that the US is closed for Thanksgiving, but there is plenty of company news for traders to digest. Capital Shopping Centres Group, the shopping centre arm of what used to be Liberty International, has raced ahead after it put pen to paper to purc
Read moreLondon open: Strong start for FTSE 100
25th Nov 2010 08:30
Shares have got off to a good start following a warm reception for company updates. Capital Shopping Centres Group, the shopping centre arm of what used to be Liberty International, has raced ahead after it put pen to paper to purchase Manchester's Trafford Centre in a deal worth £1.6bn. WS Atkin
Read moreTate & Lyle exits molasses business
25th Nov 2010 07:59
Food ingredients firm Tate & Lyle is to sell its molasses business to Belfast grain trader W&R Barnett for £67m in cash. Proceeds from the sale will be used to reduce net debt. The assets being sold comprise the global molasses trading desk based in London, plus other worldwide marketing operation
Read moreFriday tips round-up: Charter, RSA, Tate & Lyle...
5th Nov 2010 06:49
Charter shares have been the subject of much bid gossip these past couple of weeks, with an American predator mentioned. They remain on a lowly nine times this year's earnings. That might look cheap; but unless you fancy a punt on a takeover, there seems little reason to chase says the Times. House
Read moreLondon close: Two-year high for blue chips
4th Nov 2010 17:01
Footsie hit a two-year high as investors piled into blue chips after yesterday's larger-than-expected stimulus package unveiled by the US Federal Reserve. But the good sentiment was not universal, with some hefty fallers on the back of disappointing trading updates. Hopes that the Bank of England's
Read moreSector movers: Mixed day for food stocks
4th Nov 2010 14:30
Food-related stocks are mixed today. Tate & Lyle is giving the food producer sector a lift after the sweetener group more than doubled profits on sales that were boosted by higher corn prices. Meatpacker Hilton Food is also higher after saying that trading continues to be in line with expectations.
Read moreFTSE 250 movers: T&L sweetens but Wetherspoon goes flat
4th Nov 2010 14:29
Shares in Tate & Lyle sweetened after the food ingredients company more than doubled profits on sales that were boosted by higher corn prices. Shares in telecom equipment tester Spirent moved up towards a 12-month high as it reported trading since July has exceeded its expectations. JD Wetherspoon
Read moreLondon afternoon: Morning's gains consolidated
4th Nov 2010 14:23
Since the Bank of England's noon announcement extinguished the small hopes of Britain joining the US in reviving its quantitative easing programme, leading shares have marked time. Miners are still doing particularly well on hopes that the Fed's stimulus measures will help sustain the global econo
Read moreHigher corn price boosts Tate & Lyle
4th Nov 2010 13:26
Shares in Tate & Lyle sweetened after the food ingredients company more than doubled profits on sales that were boosted by higher corn prices. Pre-tax profits in the six months to September 30 climbed to £104m from £45m on sales that rose to £1.35bn from £1.3bn. 'In addition to good operational pe
Read moreLondon close: Footsie slumps in last hour
30th Sep 2010 16:48
A last hour slump sent Footsie into the red by the close of a roller-coaster day. The index had been over 50 points higher in mid-afternoon after US second quarter gross domestic product (GDP) was revised upwards to show a 1.7% quarterly increase. But the Dow turned down sharply soon after, draggin
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