London 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 moreLondon pre-open: Stocks expected to tip-toe higher
25th Nov 2010 07:42
London's leading shares are expected to open moderately firmer, with City traders tipping the blue-chip index will open around 14 points higher. Travel firm Thomas Cook is to enter the Russian market through a joint venture with VAO Intourist, a leading Russian holiday company. The British company
Read moreThomas Cook enters Russian market
25th Nov 2010 07:02
Travel firm Thomas Cook is to enter the Russian market through a joint venture with a leading Russian holiday company. Thomas Cook and VAO Intourist, Russia's longest established travel business, will form a joint venture focused on expansion in Russia and the other CIS (Commonwealth of Independent
Read moreLondon close: Footsie rallies but falls short
8th Oct 2010 16:37
Footsie made a late charge for positive territory ahead of the close, in line with buoyancy in the US, but fell just short. The positive performance in the US was in spite of non-farm payrolls declining 95,000 in September when they had been expected to remain virtually unchanged. The 'glass half f
Read moreLondon afternoon: Shares rally on QE hopes
8th Oct 2010 14:37
US jobless data proved to be much worse than expected, with non-farm payrolls declining 95,000 in September when they had been expected to remain virtually unchanged, but the 'glass half full' optimists have taken the view that this makes a resumption of economic stimulus by the Federal Reserve more
Read moreBroker tips: Mid-cap income plays, Carnival, Speedy Hire
8th Oct 2010 13:15
Broker Charles Stanley has run the microscope over constituents of the FTSE 250 index looking for key income buys and come up with five likely candidates. Though the broker was looking at stocks primarily for their attractive yields, it makes a good case for diving into the FTSE 250 for capital app
Read moreBroker snap: Key FTSE 250 income plays
8th Oct 2010 12:58
Broker Charles Stanley has run the microscope over constituents of the FTSE 250 index looking for key income buys and come up with five likely candidates. Though the broker was looking at stocks primarily for their attractive yields, it makes a good case for diving into the FTSE 250 for capital app
Read moreLondon midday: Nervous wait for US jobs data
8th Oct 2010 12:25
The clock is ticking down on this afternoon's release of US non-farm payrolls data and the market is showing signs of nervousness, with the Footsie drifting back and in danger of slipping below 5600. Bank Barclays is down after PCP3, a vehicle linked to Man City owner Sheikh Mansour bin Zayed al-N
Read moreLondon open: Quiet start ahead of jobs data
8th Oct 2010 08:52
London has opened quietly as traders focus on the US where September's non-farm payrolls numbers are due to be released this afternoon. Expectations are for a 5,000 increase in non-farm payrolls, while the unemployment rate is expected to nudge up to 9.7% from 9.6% in August. Until those numbers a
Read moreLondon pre-open: Waiting on US jobs data
8th Oct 2010 07:33
On what looks likely to be a quiet day for UK corporate news traders are focused on the US where September's non-farm payrolls numbers are due to be released this afternoon. Expectations are for a 5,000 increase in non-farm payrolls, while the unemployment rate is expected to nudge up to 9.7% from
Read moreThomas Cook and Co-op merge travel agents
8th Oct 2010 07:02
Holiday company Thomas Cook and the Co-operative Group are merging their high street travel agents and foreign exchange businesses. Today's move creates Britain's largest high street travel network with over 1,200 shops - 803 Thomas Cook and 401 Co-op - and result in savings of more than £35m a yea
Read moreSector movers: Travel stocks take off
5th Oct 2010 15:18
TUI Travel gives the travel sector a lift after it allayed fears about full year trading by saying it is confident results will be in line with previous guidance. Summer holiday bookings in the year to September 26 were up, year on year, in all regions except the Netherlands, which showed a 2% fall.
Read moreFTSE 250 movers: Traders tuck into Cranswick
5th Oct 2010 15:16
Investors have a strong appetite for Cranswick today after the pork products supplier said it has had a "positive" first half, with turnover up 8% at the meat supplier, or 12% adjusted for the sale of its cooked meats business. But elsewhere in the sector, Premier Foods is left untouched after gain
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