Friday tips round-up: ARM Holdings, Tate & Lyle, Paragon
29th Jan 2010 06:53
Apple's exciting new tablet computer, the iPad, looks like it will be a winner for Steve Jobs' group - but it's also going to be a real winner for ARM. The chip in the device, called the Apple A4, is believed to be based on ARM technology. That's because both Apple and its suppliers do not general
Read moreLondon close: US slide drags down Footsie
28th Jan 2010 16:45
London slumped near the close mirroring heavy falls in the US where technology stocks ran into heavy selling seemingly on disappointment with Apple's new iPad. AstraZeneca led the fallers after the Anglo-Swedish pharmaceuticals firm saw fourth quarter earnings rise 10% but warned that its predicted
Read moreNew Tate boss buys
28th Jan 2010 16:39
Javed Ahmed, the new chief executive of sweeteners supplier Tate & Lyle, has bought 100,000 shares after the announcement of the company's interim management statement. Ahmed paid 390p each for the shares - a total investment of £390,000. Ahmed's appointment as chief executive was announced last
Read moreLondon afternoon: Banks lead rally
28th Jan 2010 14:31
Blue chips put on a spurt over the lunch time session despite drugs giant Astra issuing disappointing fourth quarter figures. The Anglo-Swedish pharmaceuticals firm saw fourth quarter earnings rise 10% but warned that its predicted 2010 revenues would be hit by the loss of exclusive rights to sell
Read moreFTSE 250 movers: Arriva up on SNCF talks
28th Jan 2010 13:48
Shares in Arriva raced ahead after the bus and rail group admitted holding merger talks with France's state railway group SNCF. Peer National Express is also higher. The dark days appear to be behind specialist mortgage lender Paragon, whose shares are higher after the company's portfolio of loans
Read moreLondon midday: Footsie flat after mixed earnings news
28th Jan 2010 12:13
Blue chips are struggling to make headway in the face of mixed company news today. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is one of the best performers after it said it had a strong second quarter with revenues coming in marginally ahead of expectations. Turnover in
Read moreLondon open: Footsie fights back
28th Jan 2010 08:20
London's top stocks have opened higher on Thursday, winning back some recent losses in early dealings. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) is one of the best performers after it said it had a strong second quarter with revenues coming in marginally ahead of expecta
Read moreLondon pre-open: Bright start expected
28th Jan 2010 07:34
Footsie is expected to win back some recent losses in early dealings on a busy day on the company news front. Pay TV and Internet service provider British Sky Broadcasting (BSkyB) had a strong second quarter with revenues coming in marginally ahead of expectations. Turnover in the six months to the
Read moreTate & Lyle underperforms in third quarter
28th Jan 2010 07:03
Sugar and sweetener manufacturer Tate & Lyle said its third quarter performance was marginally below expectations due to lower sales of industrial products in the Americas. Other operations performed in line with expectations, with sugars delivering improved margins due to a price change on Octobe
Read moreMonday tips round-up: Vedanta, Tate & Lyle
11th Jan 2010 06:44
Because of its cash position, Vedanta has been able to continue to invest throughout the downturn. Vedanta is also likely to be looking for acquisitions, particularly in copper and iron ore. Revenues are likely to grow substantially over the next few years because of its diverse commodity base. Gol
Read moreLondon close: Footsie flatlines
7th Jan 2010 16:46
A late afternoon rally fizzled out to leave London's blue chip index little changed on the day. Banks emerged from a sticky start as the day's best performers led by Barclays and Lloyds Bank, which both received decent write-ups in an otherwise cautious broker note from Keefe, Bruyette & Woods. It
Read moreBroker tips: Miners, Tate & Lyle
7th Jan 2010 14:32
Cazenove remains ‘overweight’ on the mining sector and expects some aggressive increases to consensus EPS forecasts for 2010. Last year was a ‘tremendous’ one for mining stocks and the broker believes some favourable, ‘albeit slightly tired themes’ remain, like BRIC economic growth, infrastructure
Read moreLondon afternoon: Banks defy broker gloom
7th Jan 2010 14:27
Leading shares are mixed, with the Footsie barely changed now miners have recovered from a weak showing in the morning session to show gains in the afternoon. Kazakhmys and Fresnillo lead the mining sector but their gains are surpassed by two stocks from the banking sector where Barclays and Lloyds
Read moreFTSE 250 movers: Persimmon update lifts housebuilders
7th Jan 2010 12:58
Housebuilder Persimmon saw a rise in the number of home sales on which it achieved completions in the second half of 2009, but said it remains cautious on mortgage availability and the general economic situation. Peer Taylor Wimpey is leading the way, with Barratt Developments, Berkeley Holdings a
Read moreLondon midday: Bank sits on hands
7th Jan 2010 11:51
London drifted lower ahead of the announcement of the Bank of England's quantitative easing and interest rate decision, which, as expected, left both the level of interest rates and the scale of the quanititative easing programme unchanged. Mining stocks are proving to be a millstone round Footsie'
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