UK MARKET TALK ROUNDUP: BROKERS COMMENTS
29th Jul 2010 07:47
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0647 GMT [Dow Jones] Travis Perkins (TPK.LN) reports very strong 1H numbers and overall performance, says Liberum Capital ana
Read moreTravis Perkins Resumes Dividend, Sees Modest Market Growth
29th Jul 2010 07:30
By Anita Likus Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. builders' merchant and home improvement retailer Travis Perkins PLC (TPK.LN) Thursday said it has resumed payment of its interim dividend as it reported bumper first-half earnings and said it expects modest market growth in the
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
26th Jul 2010 10:17
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0917 GMT [Dow Jones] Morgan Stanley raises Travis Perkins (TPK.LN) price target to 1200p from 1150p ahead of this week's i
Read moreMARKET TALK: Morgan Stanley Raises Travis Perkins Target
26th Jul 2010 10:17
0917 GMT [Dow Jones] Morgan Stanley raises Travis Perkins (TPK.LN) price target to 1200p from 1150p ahead of this week's interim results. Notes 2Q trading has been better than expected, and in addition, the brokerage now integrates the BSS Group (BTSM.LN) acquisition into its forecasts from FY'11. S
Read moreUK Small,Mid-Caps To Attract Buyers On Weak Pound-Fund Manager
21st Jul 2010 13:38
By Rachael Gormley Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Investors are set to take advantage from the effect of a weak sterling on U.K.-based international companies, manager of the BlackRock UK Special Situations Fund Richard Plackett said Wednesday, especially those interested in smal
Read moreOffice Of Fair Trade Merger Update
19th Jul 2010 11:00
TIDMTPK TIDMBTSM RNS Number : 5369P Office of Fair Trading 19 July 2010 ? Invitation to comment Anticipated acquisition by Travis Perkins plc of BSS Group plc The Office of Fair Trading is considering whether arrangements are in progress or in contemplation which, if carried into effect, will re
Read moreLondon close: Footsie drops slightly
5th Jul 2010 16:33
London's main markets closed slightly lower after trading within a tight range all day. BP was the strongest blue chip all day on reports that the governments of Kuwait, China and Singapore could inject funds under a £6bn plan designed to shore up the oil group's finances in the wake of the Gulf di
Read moreLondon afternoon: London continues drifting
5th Jul 2010 14:21
London shares are stuck in neutral, with the Footsie barely changed on the day. BP is the strongest blue chip on reports that the governments of Kuwait, China and Singapore could inject funds under a £6bn plan designed to shore up the oil group's finances in the wake of the Gulf disaster. The cost
Read moreLondon midday: Stocks tread water
5th Jul 2010 12:17
The London stock market ended the morning little changed, with the general air of lethargy reinforced by the absence of any directional input from the US market, which is closed today. BP is the strongest blue chip on reports that the governments of Kuwait, China and Singapore could inject funds un
Read moreUK MARKET TALK ROUNDUP: BROKERS COMMENTS
5th Jul 2010 09:20
Broker comments in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0820 GMT [Dow Jones] Travis Perkins's (TPK.LN) acquisition of BSS Group (BTSM.LN) should bring healthy synergies to the group
Read moreMARKET TALK: Travis Perkins Deal Should Bring Healthy Synergies
5th Jul 2010 09:20
0820 GMT [Dow Jones] Travis Perkins's (TPK.LN) acquisition of BSS Group (BTSM.LN) should bring healthy synergies to the group and remove major questions over Travis's growth prospects, says Collins Stewart. Says the merger will create the largest UK plumbing and heating group and estimates market sh
Read moreLondon open: Slow start for Footsie
5th Jul 2010 08:42
Early gains for Footsie have disappeared quickly in the face of a poor start for the miners and the absence later on of Wall Street, closed for Independence Day. BP is one of the gainers on reports the governments of Kuwait, China and Singapore could inject funds under a £6bn plan designed to shore
Read moreUPDATE: Travis Perkins Agrees To Buy BSS Group For GBP557.6M
5th Jul 2010 08:23
(Adds detail.) By Jonathan Buck Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Builders' merchant and home improvement retailer Travis Perkins PLC (TPK.LN) Monday said it had agreed to acquire specialist distributor BSS Group PLC (BTSM.LN) for GBP557.6 million, creating the leading plumbin
Read moreLondon pre-open: Footsie targets tiny gain
5th Jul 2010 07:37
It's looking like a quiet and nervy start for London as US stocks struck a new low for 2010 in very late trade Friday. Any moves will be locally-led in the absence of Wall Street, closed for Independence Day. Futures prices indicate a 4-point gain in early trade. The Dow Jones closed down 46 on Fri
Read moreTravis Perkins Agrees To Buy BSS Group For GBP557.6 Million
5th Jul 2010 07:28
By Jonathan Buck Of DOW JONES NEWSWIRES LONDON (Dow Jones)--Builders' merchant and home improvement retailer Travis Perkins PLC (TPK.LN) Monday said it had agreed to acquire specialist distributor BSS Group PLC (BTSM.LN) for GBP557.6 million, creating the leading plumbing and heating trade
Read more