Sunday tips round-up: SSE, Compass, Tate & Lyle
24th May 2009 10:17
Shares in Scottish & Southern Energy are not going to leap and make you rich. There is likely to be a slow progression in its share price. There is one reason and one reason alone to hold the shares - and that is for a steady income stream and because of its commitment to a progressive dividend, S
Read moreLondon close: Miners and financials lead the way
19th May 2009 16:31
Strength among financial plays and miners guaranteed London gains Tuesday, although it had looked a close call following a weak start on Wall Street. A near-13% slump in US housing starts in April proved a drag mid-afternoon before US stocks regained their poise and moved higher. Anglo American fi
Read moreTate & Lyle upheaval continues
19th May 2009 15:02
The top two positions at sugar and sweeteners group Tate & Lyle will be occupied by new faces by the end of this year, following today's announcement that Javed Ahmed will be leaving Reckitt Benckiser to take over as Tate's new CEO. Ahmed is currently Executive Vice President, Europe for Reckitt Be
Read moreLondon afternoon: Shares off top after US housing starts shock
19th May 2009 14:15
Alarming US housing starts data looks set to put the kybosh on the prospect of a firm start on Wall Street and has had a knock-on effect in London, where share prices are coming off the top. Marks & Spencer remains the day's biggest blue-chip faller after it saw a sharp drop in pre-tax profits to
Read moreBroker tips: Tate & Lyle, Homeserve, Tullow Oil
19th May 2009 13:01
The poaching of highly regarded Javed Ahmed from Reckitt Benckiser to take over from Ian Ferguson as CEO at Tate & Lyle has given a rush to the share price of the sugar and sweeteners group. Broker Charles Stanley suggests that the arrival of two new brooms at the top - Ahmed will take over as chie
Read moreBroker snap: New Tate boss may review divi policy
19th May 2009 12:58
The poaching of highly regarded Javed Ahmed from Reckitt Benckiser to take over from Ian Ferguson as CEO at Tate & Lyle has given a rush to the share price of the sugar and sweeteners group. Broker Charles Stanley suggests that the arrival of two new brooms at the top - Ahmed will take over as chie
Read moreFTSE 250 movers: New chief exec sweetens Tate & Lyle
19th May 2009 11:55
Tate & Lyle is up more than 10% after the sugar firm appointed Javid Ahmed, currently executive vice president at detergent group Reckitt Benckiser, as chief executive. Oil and gas firm Melrose Resources rises after raising its production forecast for 2009 by around 5% But Dana Petroleum falls bac
Read moreLondon midday: Equities advance on broad front
19th May 2009 11:53
Risers outnumber fallers by about four to one among Footsie constituents as London's leading shares shrug off disappointing figures from Marks & Spencer to continue yesterday's advance. M&S is the day's biggest blue-chip faller after it saw a sharp drop in pre-tax profits to £706.2m from £1.13bn. I
Read moreLondon open: Footsie up despite M&S disappointment
19th May 2009 08:48
Footsie has built on yesterday's gains as traders wade through the continuing stream of company results. Marks & Spencer has fallen sharply after it revealed a final dividend cut of a third after the clothes and food retailer saw a sharp drop in pre-tax profits to £706.2m from £1.13bn. M&S said it
Read moreLondon pre-open: More gains expected
19th May 2009 07:50
Footsie is expected to build on yesterday's results as traders wade through the continuing stream of first quarter company results. Marks & Spencer is to cut its final dividend by a third after the clothes and food retailer saw a sharp drop in pre-tax profits. While sales in the year to March 28 we
Read moreTate & Lyle recruits new chief from Reckitt
19th May 2009 07:07
Tate & Lyle has appointed Javed Ahmed as its new chief executive. He will take over from current incumbent Iain Ferguson on 15 November. Iain Ferguson will continue in the CEO role until then to ensure an orderly handover, Tate added. Ahmed is currently Executive Vice President, Europe for Reckit
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