FTSE 250 movers: Resource stocks on the rise
1st Sep 2010 13:46
Resource stocks are higher as commodity prices rise. Oil explorer and producer Salamander Energy and platinum specialist Aquarius Platinum are among the risers. However, not all commodity stocks are joining the party, with oil explorer Melrose Resources among the fallers. Investors also have an a
Read moreTate & Lyle non-exec takes a spoonful
23rd Jul 2010 11:07
Douglas Hurt, a non-executive director at Tate & Lyle, bought shares in the sugar and sweetener producer after an upbeat trading statement. In his first purchase of shares in the company, he took 5,000 at 471.7p a time, paying a total of £23,585. The share purchase came the day after Tate & Lyle s
Read moreFriday tips round-up: Capita, Kingfisher, Tate & Lyle
23rd Jul 2010 06:44
Yesterday's interim results from Capita provided fuel for the bulls. The company reported the strongest bid pipeline for many years - up 47%, compared with the same point last year, to £4.4bn. The interim numbers were in line with City expectations on the revenue front - but profits were ahead of f
Read moreLondon close: Footsie back above 5,300
22nd Jul 2010 16:39
London rose again to climb above 5,300 and close at its highest for over two months. A strong start on Wall Street got the afternoon session off to a good start, with buyers staying interested right to the end of the trading day. Rolls-Royce was best performer, on the back of the orders placed at t
Read moreLondon afternoon: Advance stalls
22nd Jul 2010 14:28
Shares moved sideways over the lunch-time session with investors keeping their powder dry ahead of day two of US Federal Reserve Chairman Ben Bernanke's testimony in the US Senate. Yesterday the Fed chairman's downbeat comments stopped a Wall Street rise in its tracks. Outsourcing giant Capita is s
Read moreLondon midday: Morning ends on a high
22nd Jul 2010 12:11
Better than expected UK retail sales gave equities a mid-morning boost and the FTSE 100 index finished the morning session close to its highest point of the day so far. Britons building up supplies for last month's World Cup, the good weather and further discounting had retail sales up smartly in J
Read moreLondon open: Footsie follows US stocks lower
22nd Jul 2010 08:24
London's top stocks opened slightly lower on Thursday following falls on Wall Street overnight. US stocks fell back after Federal Reserve chairman Ben Bernanke's testimony to US congress. The Fed chief warned the economic outlook remains "unusually uncertain," but he gave few clues on what measures
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
22nd Jul 2010 07:49
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0649 GMT [Dow Jones] Tate & Lyle PLC's (TATE.LN) interim trading statement "is pretty neutral," says Investec Securities anal
Read moreMARKET TALK: Tate & Lyle Trading Outlook 'Neutral' - Analyst
22nd Jul 2010 07:49
0649 GMT [Dow Jones] Tate & Lyle PLC's (TATE.LN) interim trading statement "is pretty neutral," says Investec Securities analyst Martin Deboo. Says: "I wouldn't have thought it provided much fuel for upgrades. Given the run the stock has had, I feel it's a pretty neutral statement. All the reported
Read moreLondon pre-open: Lower start expected
22nd Jul 2010 07:35
Footsie is expected to open lower following falls on Wall Street overnight. Outsourcing giant Capita said pressures on public spending may affect growth in the short term but it is confident its ability to deliver cost efficiencies will stand it in good stead. "There is buoyant demand for outsourci
Read moreTate & Lyle Sees Full Year Progress After Sound Quarter
22nd Jul 2010 07:15
By Michael Carolan Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Food-ingredients producer Tate & Lyle PLC (TATE.LN) said Thursday it expects to make progress in the current financial year after a sound start to the year's trading. The company said that the steady demand for its spec
Read moreTate & Lyle sees progress, cautious over US
22nd Jul 2010 07:01
Tate & Lyle said it has made a sound start to the year and continues to anticipate progress in the current full year. However, despite some improvement in demand, industrial starch margins are expected to remain at lower levels and the group continues to see little near term improvement in US ethan
Read moreMARKET TALK: Exane BNP Paribas Ups Tate & Lyle Target
15th Jul 2010 10:36
0936 GMT [Dow Jones] Exane BNP Paribas raises Tate & Lyle (TATE.LN) target price to 550p from 520p. Says this is to reflect a lower discount rate of 8.5% versus 9% previously. Adds that this is driven by a reduction in the US risk-free rate to 3.0% from 3.3% and a small reduction in Tate's Beta to 1
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
15th Jul 2010 10:36
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0936 GMT [Dow Jones] Exane BNP Paribas raises Tate & Lyle (TATE.LN) target price to 550p from 520p. Says this is to reflec
Read moreFTSE 250 movers: Dunelm in demand
13th Jul 2010 12:40
Shares in Dunelm are in demand after the home furnishings retailer said it should beat full-year profit forecasts despite a drop in like-for-like sales during the fourth quarter. Like-for-like sales grew 8% in the year to 3 July following a marked slowdown during the last six months to just 0.8% fr
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