Wednesday tips round-up: Unilever, Centrica, Thomas Cook...
29th Sep 2010 06:45
Unilever shares have underperformed of late, although they have started to bounce from recent lows. However, they are still more than £2 below their recent high of £20.15 seen in December. They hit a low of £16.88 at the end of August. The long-term growth will come from emerging markets, where mor
Read moreLondon close: Footsie rebounds as Wall Street recovers
28th Sep 2010 16:53
An upturn in the US buoyed sentiment on this side of the Atlantic too, helping Footsie to finish in the blue after a choppy day. The day started badly for London's leading share index but it. gradually recovered throughout the morning only to fall back after a poor start on Wall Street then rebound
Read moreFTSE 250 movers: Thomas Cook review spooks traders
28th Sep 2010 16:27
Travel company Thomas Cook falls sharply after it started a review of its UK cost base after softer than expected business over the summer and in view of the difficult market backdrop. "Our cost experience in the UK has not been as favourable as expected, particularly in the airline, and this will
Read moreLondon afternoon: Footsie becalmed
28th Sep 2010 14:12
Expectations of a firm start on Wall Street have lured buyers back into the market in London and the blue-chip index ended the lunch time session barely changed on the day. Hedge fund manager Man has been usurped as worst performing FTSE 100 stock by weapons systems developer BAE Systems. Defence f
Read moreLondon midday: Man leads London lower
28th Sep 2010 12:22
Confirmation that the UK economy grew 1.2% in the second quarter, its fastest pace in nine years, has done little to quell concerns about future economic growth, both here and abroad, and that prompted a subdued mood in London in the morning session. Hedge fund manager Man is the weakest of the bl
Read moreLondon open: Poor start for blue chips
28th Sep 2010 08:47
London is heading lower led by Thomas Cook after a gloomy update, while miners and banks are also under pressure after a weak finish on Wall Street overnight. Tour operator Cook said it has now started a review of its UK cost base after softer than expected business over the summer and in view of t
Read moreUK costs hit Thomas Cook profits
28th Sep 2010 07:19
Travel company Thomas Cook has started a review of its UK cost base after softer than expected business over the summer and in view of the difficult market backdrop. "Our cost experience in the UK has not been as favourable as expected, particularly in the airline, and this will result in a net imp
Read moreFriday tips round-up: Go Ahead, Thomas Cook, McBride...
3rd Sep 2010 06:57
Go-Ahead, the bus and train operator, produced a set of full-year results ahead of City forecasts yesterday that showed that many of its cogs are turning rapidly. The road ahead could contain a few potholes, however. For instance, the company's operations rely heavily on commuters in the south-east
Read moreLondon afternoon: No sign of rally yet
11th Aug 2010 13:57
Expectations of a weak start on Wall Street have put the kybosh on any hopes of a recovery in London over the lunch time session, after leading shares endured a tough morning in the wake of downbeat statements from the Federal Reserve (last night) and the Bank of England (this morning). The Bank of
Read moreLondon midday: BoE adds to gloom
11th Aug 2010 12:08
London has lurched lower still after the Bank of England lowered its forecasts for economic growth in 2011 while raising inflation expectations. The Bank is now predicting economic growth of 2.5% in 2011, down from a previous forecast of 3.4%. He predicted that inflation would remain above the 2%
Read moreLondon open: Gloomy start for blue chips
11th Aug 2010 08:55
London has made a gloomy start after last night's disappointing assessment of the US economy by Federal Reserve policymakers. The Bank of England is expected to add to the gloom today if it cuts its estimate of UK growth as is being widely forecast. Only five blue chips are making headway this mo
Read moreLondon pre-open: US gloom is contagious
11th Aug 2010 07:29
London is set to lose more ground Wednesday after last night's disappointing assessment of the US economy by Federal Reserve policymakers. Futures prices currently indicate a 30-point drop for the FTSE 100. Hot on the heels of TUI Travel's slump yesterday, package tour operator Thomas Cook has war
Read moreWeak UK bookings hit Thomas Cook
11th Aug 2010 07:02
Package tour operator Thomas Cook warned that full-year profits will be at the low end of forecasts due to softer UK bookings and the weak euro. "As we enter the final quarter, it is apparent that trading in the UK business is softer than expected and, at current rates, the recent weakening of the
Read moreLondon close: Lower finish for FTSE 100
10th Aug 2010 16:42
A poor reception for updates from the holiday-related stocks TUI Travel and InterContinental Hotels helped ensure Footsie closed in the red, while economic worries also weighed on sentiment. China's trade surplus hit an 18-month high as exports surged and imports slowed. Imports increased 22.7% i
Read moreWednesday preview: Standard Life, Thomas Cook, UK unemployment
10th Aug 2010 16:28
Standard Life resumes the results season for insurers after a two-day lull at the start of the week. Panmure Gordon is forecasting interim operating profit on a European Embedded Value (EEV) basis of £293m, down 16% year on year, "reflecting a tough comparative that included a positive experience va
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