London close: Miners surge after US jobs figures beat forecasts
5th Oct 2012 16:44
- US data spreads some cheer - Mining stocks gain though Anglo bucks the trend - Tesco continues to fall after interim results The FTSE 100 index finished the day with decent gains on Friday as some better-than-expected employment figures from the US lifted sentiment late on. "A firmer but fairly
Read moreFTSE 250 movers: KCOM drops on downbeat trading update
5th Oct 2012 15:54
Broadband and communications provider KCOM has fallen following a downbeat trading statement prior to its interims. It announced that it is trading "in line with expectations", but orders in its enterprise division have been below expectations. KCOM also revealed that first-half net debt has incre
Read moreLondon midday: Stocks continue to gain ahead of US payrolls
5th Oct 2012 11:52
- Markets await non-farm payrolls from the US - Miners lead risers in London - Tesco continues its decline The FTSE 100 was trading at its best levels of the day by Friday lunchtime ahead of a key jobs report from the US, with miners dominating the risers list in London. "European financial market
Read moreLondon open: Footsie bolstered by miners ahead of US data
5th Oct 2012 08:48
- Burberry, Wood Group and miners lift FTSE 100 early on - Markets await US payrolls data - IMF to cut global GDP forecast Stocks edged higher on Friday morning ahead of some closely-watched jobs data from the US later today; Burberry, Wood Group and the miners were among the highest risers on the
Read moreTelecom Plus to ramp up interim divi
5th Oct 2012 07:16
Utilities services provider Telecom Plus is dangling the prospect of a sharply increased interim dividend in front of shareholders' eyes after a first half surge in profits. With the group's business proving to be less seasonal these days the group is moving towards a more even split between its in
Read moreFTSE 250 movers: Homeserve up despite takeover denial
18th Jul 2012 14:59
Homeserve, the troubled emergency home repairs company, jumped despite denying it is in talks about a possible takeover. Shares were up nearly 13 per cent by mid-afternoon. RPC Group, a supplier of rigid plastic packaging, also rose after it generated first-quarter revenue on a similar level with
Read moreWednesday broker round-up
18th Jul 2012 09:21
Ashmore: Goldman Sachs upgrades to buy. Ashtead: Jefferies reiterates buy rating and 320p target. Booker: Investec maintains buy rating and 98p target. British Land: BarCap downgrades to equal weight. Capital Shopping Centres: BarCap upgrades to overweight. Chariot Oil & Gas: Merchant Securitie
Read moreTelecom Plus falls despite confident outlook
18th Jul 2012 08:47
Telecom Plus, which supplies a wide range of utility services, has said that half-yearly results will be firmly ahead of the corresponding figures for last year, and it remains on target to meet market expectations for the full year. The momentum the firm saw developing in the previous quarter has
Read moreTelecom Plus reports record figures
23rd May 2012 07:21
Utility services provider Telecom Plus is targeting a 20 per cent increase in customers this year after reporting record revenues and profits. The firm reported full year pre-tax profits up 11.8% to £30.7m, while revenues went up 12.6% to £471.5m, both in line with expectations. Earnings per share
Read moreWednesday preview: BoE minutes, FirstGroup, Telecom Plus
22nd May 2012 15:45
The minutes from the May meeting of the Bank of England's Monetary Policy Committee are scheduled for release on Wednesday at 09:30, and will get the usual rigorous going-over from the rune readers. The Bank of England toned down its economic growth projections for the UK economy in its May inflat
Read moreFriday broker round-up
30th Mar 2012 10:12
Cranswick: Investec lifts target to 870p and remains a buyer; Peel Hunt ups target from 750p to 800p, hold rating kept. Electrocomponents: Peel Hunt raises target from 180p to 225p but maintains sell recommendation. ENRC: Nomura slashes target from 750p to 700p and keeps reduce stance. FirstGroup
Read moreTelecom Plus to hit upgraded expectations
30th Mar 2012 07:44
Telecom Plus, which supplies a range of utility services under the brand name Utility Warehouse, has enjoyed a strong fourth quarter on the back of successful cross-selling of its services. The firm said around half of all new customers now take at least four of its core services, and believes this
Read moreTelecom Plus Director buys stock after strong January trading
1st Mar 2012 13:18
Julian Schild, a Non-Executive Director of Telecom Plus has bought shares in the utility services provider, two weeks after the firm said full year profits are expected to be slightly ahead of market expectations, after it enjoyed a recent acceleration in organic growth. Schild purchased 10,000 sh
Read moreAlumasc CEO builds stake as shares tank
16th Feb 2012 15:44
Paul Hooper, group Chief Executive at Alumasc, a building and engineering products company, has acquired over 37,000 shares in the firm on the same day the firm admitted that full year results will be materially below previous expectations. The company attributed this to margin pressures had overs
Read moreLondon close: Greek optimism buoys Footsie
13th Feb 2012 16:39
- Stocks rise as Greece approves austerity package. - CBI cuts UK GDP forecasts. - Vodafone confirms potential takeover of C&W Worldwide. Stocks managed to hold on to gains on Monday as Greece moves one step closer to securing the next crucial tranche of aid. Mining and financial stocks led the ri
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