RSA Insurance UK Chief reduces holding ahead of departure
21st May 2014 16:04
Adrian Brown, the outgoing Chief Executive Officer of RSA Insurance's UK & Western Europe business has reduced his stake in the group after his wife, Sara, disposed of 180,000 shares. The shares were traded in at 491.32p each for a total of £884,376. The transaction comes one month after the di
Read moreFTSE 250 movers: Telecom Plus impresses with annual results
21st May 2014 14:52
Telecom Plus topped the second tier risers today after impressing with an increase in annual profit and revenue as the utility achieved a record increase in customer numbers. The company, which supplies gas, electricity, telephony and broadband, said adjusted pre-tax profit jumped 25.3% to £44.6m a
Read moreLondon open: Stocks drift lower after BoJ holds policy steady
21st May 2014 09:02
- Petrofac leads gains after Barclays upgrade - Dollar/yen trading below 101 - Russian troops have yet to pull back, negotiations ongoing in Ukraine techMARK 2,710.51 +0.15% FTSE 100 6,801.35 -0.01% FTSE 250 15,467.06 +0.17% Stocks were trading slightly lower little over an hour after the start of
Read moreTelecom Plus posts higher annual profit and revenue
21st May 2014 07:34
- Pre-tax profit up 25.3 per cent - Revenue rises 9.5 per cent - Service numbers increase 305,100 Telecom Plus posted a rise in annual profit and revenue as the utility achieved a record increase in service numbers. The company, which supplies gas, electricity, telephony and broadband, said adjust
Read moreSector movers: Vodafone, TalkTalk, Carphone Warehouse drag telecoms lower
15th May 2014 15:20
Telecoms were trading with steep losses on Thursday with heavyweights Vodafone, TalkTalk and Carphone Warehouse pulling the sector lower. Vodafone's shares were under pressure, trading 3.2% lower, after Goldman Sachs cut its recommendation for the stock from 'buy' to 'neutral' and reduced its targe
Read moreTelecom Plus upbeat after strong fourth quarter
4th Apr 2014 07:30
Utility services group Telecom Plus said it is confident of meeting forecasts with its annual results after a strong final quarter ended March 31st. The company said that despite reduced levels of energy consumption by customers during an exceptionally warm winter, profitability for the year remain
Read moreFTSE 250 movers: DCC lifted by broker ratings
17th Feb 2014 15:30
Energy and business support services group DCC rose strongly today despite lowering its full-year profit outlook, after Investec analysts reiterated their 'add' rating on the stock. The group said that a poor performance by its largest division, DCC Energy, meant both its operating profit and adju
Read moreSector movers: Telecom stocks rise while aerospace falls
17th Feb 2014 15:18
Vodafone led telecom stocks higher on Monday as the operator achieved a 500,000 customer milestone following the launch of 4G six months ago. Sector peer Telecom Plus gained after saying it will increase its annual dividend by 13% to 35p as the utility services provider is confident of achieving pr
Read moreTelecom Plus to raise full-year dividend on back of customer growth
17th Feb 2014 07:33
- Full-year dividend to be raised - Annual profits expected to be in line - Customers and services grow in Q3 Telecom Plus said it will increase its annual dividend by 13 per cent to 35p as the utility services provider is confident of achieving profits in line with market expectations. The compan
Read moreLondon close: Markets up after economic data, Lloyds rises
27th Nov 2013 16:43
- Economic data comes in broadly positive - Global indices trading near record highs - M&A speculation surrounds Lloyds, AMEC techMARK 2,658.82 +0.35% FTSE 100 6,649.47 +0.20% FTSE 250 15,406.67 +0.66% UK markets finished in positive territory on Wednesday as investors reacted to a flurry of econo
Read moreFTSE 250 movers: De La Rue hit by Citigroup downgrade
27th Nov 2013 14:05
Banknote printer De La Rue was in the red today, pulling back after a strong rise the day before after its first-half report. The stock was being weighed down this morning by Citigroup, which downgraded its rating from 'buy' to 'hold'. Yesterday the stock rose strongly on the back of an upgrade from
Read moreLondon midday: Stocks rise after UK data, but gains limited
27th Nov 2013 11:33
- Q3 UK GDP confirms small acceleration in growth - German coalition, GfK consumer confidence in focus - Ex-div stocks cap gains - Volumes set to be low ahead of Thanksgiving techMARK 2,656.92 +0.28% FTSE 100 6,648.87 +0.19% FTSE 250 15,386.74 +0.53% Markets in London were in positive territory on
Read moreLondon open: Markets edge higher ahead of UK GDP figures
27th Nov 2013 08:15
- Second estimate of Q3 UK GDP due for release - Plenty of economic data from the States - Ex-dividend stocks limit gains in London techMARK 2,654.69 +0.19% FTSE 100 6,649.71 +0.20% FTSE 250 15,370.31 +0.42% UK markets edged higher on Wednesday morning despite some ex-dividend stocks capping gains
Read moreFTSE 250 movers: Housebuilders extend Thursday's gains
22nd Nov 2013 15:51
Housebuilders continued to climb on the back of the latest UK tax figures which yesterday signalled a housing boom, with stamp duty revenues at the same level they were at just before the economic crisis in 2008. Essar Energy revealed it is one step closer to its FTSE inclusion after major shareho
Read moreSector movers: Tobacco stocks suffer, Telecoms charge higher
21st Nov 2013 16:06
One of the worst performing sectors today was Tobacco, with the declines being led by BATS and Imperial Tobacco after US peer Philip Morris International yesterday warned the industry could suffer an overall 2-3 per cent decline in 2014. The American company lowered its own expectations for the ye
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