London open: Oil stocks drag Footsie into the red
12th Aug 2011 08:39
Shares picked up after a steep decline in the opening minutes, but the FTSE 100 was still trading 0.7% down by 08.39am, as London looks set to experience another day of volatile trade. Oil-related stocks were on the fall in early trade as the price of Brent Crude fell 0.85% to $107.10 per barrel a
Read moreNotW closure sees Trinity titles reverse sales decline
12th Aug 2011 08:28
Newspaper publisher Trinity Mirror was playing it coy on Friday in its interim results, alluding to 'changes to the national Sunday newspaper market' prompting 'considerable circulation volume growth' for its Sunday titles. The publisher of the Sunday Mirror and the People has benefited from the de
Read moreFriday preview: Trinity Mirror to report on the 'Murdoch effect'
11th Aug 2011 17:24
Newspaper groups have been struggling recently with the weak advertising outlook seemingly getting worse and this trend is likely to warrant a mention in Trinity Mirror's trading update, particularly with regard to its local papers, where classified advertising business is defecting to the internet.
Read moreWeek Ahead: Standard Life, Greggs, InterContinental Hotels, TUI Travel
5th Aug 2011 11:41
The insurance sector interim results stream continues with figures from Standard Life on Thursday. Panmure Gordon, which thinks Standard Life is in a "period of change" is predicting operating profits of £209m and an interim dividend of 4.6p a share. Baked snacks vendor Greggs has proved resilient
Read moreLondon close: BSkyB leads slide after US jobs disappointment
8th Jul 2011 16:49
Stocks finished firmly in the red after disappointing jobs data from the US, with satellite broadcaster BSkyB leading the slide as the fallout from the News of the World phone hacking scandal continues. Newspaper group News Corporation, which hopes to take over the 60% of BSkyB it doesn't already o
Read moreLondon midday: BSkyB drags FTSE 100 lower
8th Jul 2011 12:07
The top share index is oscillating between gains and losses, with satellite broadcaster BSkyB the heaviest faller after the fallout from the turmoil at its suitor News International. News Corporation, which hopes to take over the 60% of BSkyB it doesn't already own, last night dramatically announc
Read moreInvestors assess phone hacking damage
8th Jul 2011 08:41
Amid the shock at the closure of Britain's biggest selling newspaper, the News Of The World, hard-nosed investors appear to be betting both News Corp, Rupert Murdoch's media leviathan, and British Sky Broadcasting (BSkyB), the UK company in which News Corp wants to buy a 100% stake, will weather the
Read moreDaily Mail Group in discussions with Express owner
4th Apr 2011 13:18
The chairman of Daily Mail publisher DMGT and the owner of the Express have been in discussions over a possible merger of the two titles, it has been reported. DMGT chairman Lord Rothermere and Express owner Richard Desmond, who were previously thought to have a hostile relationship, discussed the
Read moreBG finance director cashes in some chips
25th Mar 2011 18:26
BG has been a star performer among the giant oil and gas companies, thanks to its stake in the huge oil finds being made offshore Brazil and its finance director has decided to take profits on his stake in the company. Barely a week goes by without any new discovery in the Santos basin, with BG's
Read moreFriday tips round-up: Cobham, Aviva, Amec...
4th Mar 2011 06:43
Yesterday's full-year figures from Cobham have much to recommend them. Underlying pre-tax profits were up by a healthy 4% to £306m, on revenues broadly flat at £1.9bn, thanks to an improvement in margins to 18.3%. Cobham is also working hard to insulate itself from the ructions over defence spendin
Read moreLondon close: Shares soar on Libya deal hopes
3rd Mar 2011 16:39
Reports that the Libyan situation might be resolved through mediation rather than violence sent UK shares sharply higher. The Arab League is said to be considering a proposal to end the fighting in Libya sending oil prices higher. Heavy oil users such as airline International Consolidated Airlines
Read moreLondon afternoon: Footsie cruises towards 6,000
3rd Mar 2011 14:13
Footsie has 6,000 within its sights once more as stocks bounce back strongly on hopes that the Libyan situation might be resolved. Reports that the Arab League is considering a proposal to end the fighting in Libya have boosted sentiment, and has sent the price of oil into reverse. Heavy oil users
Read moreNo dividend as Trinity Mirror revenues slip
3rd Mar 2011 07:29
Newspaper publisher Trinity Mirror held back from reinstating its dividend despite a big jump in profits as it slashed costs to cope with the tough times the newspaper industry is facing. The publisher of the Mirror and a host of local titles said pre-tax profits in 2010 were up to £101.5m from £7
Read moreThursday preview: Aviva, Balfour Beatty, Taylor Wimpey ...
2nd Mar 2011 17:18
Insurance giant Aviva is set to issue full year results on Thursday, and JP Morgan Cazenove thinks the figures are more likely to delight than disappoint. The blue-blooded broker is predicting operating earnings will have risen by almost a quarter in 2010 and forecasts a 12% year on year increase i
Read moreBroker tips: Trinity Mirror, Iomart, Nighthawk Energy
29th Nov 2010 13:20
The share price of newspaper group Trinity Mirror is down by a half over the last year and a third over the last month, prompting broker Panmure Gordon to suggest that the timing might be right for the group to embark on a share buy-back programme. The broker thinks that buying back the shares wou
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