23rd Sep 2009 08:47
UK markets have risen again in early dealings despite a string of hefty cash calls from the building and property sector. Property group Liberty International shares have been hit by a placing today of up to 56.1m new shares, some 9.9% of its shares in issue. Housebuilder Barratt is issuing a lot
Read more23rd Sep 2009 07:36
Footsie is expected to edge up in early dealings, building on yesterday's modest gains. United Utilities said it is on track to deliver results in line with its expectations of a "sound underlying financial performance" for the six months ending to September. The group said underlying operating pro
Read more23rd Sep 2009 07:03
The sharp downturn in the housing market means that tile and wood floor specialist Topps Tiles expects to sales for the year to 26 September to fall to £186m from £208.1m over the same period the previous year. Like for like sales in the period are likely to be down by 13.4%, the firm, which operat
Read more6th Aug 2009 06:10
While a number of punters may wish to wait to see how Shire performs in the longer term, we would be encouraged that a number of analysts see the share price making substantial gains in the next year. Those at UBS, for example, say the stock will reach 1040p, while the company itself argues it is a
Read more5th Aug 2009 17:00
London's top stocks finished in the red as a poor start in the US and ex-dividends eventually ate into the early gains. US shares made a dull start on worse than expected job losses in July according to the private firm ADP. It said 371,000 people were laid-off compared to estimates of 350,000. L
Read more5th Aug 2009 14:27
Footsie is holding its own in the afternoon session with Lloyds soaring despite a massive interim loss. US shares have made a dull start on worse than expected job losses in July according to the private firm ADP. It said 371,000 people were laid-off compared to estimates of 350,000. The survey is
Read more5th Aug 2009 11:24
Footsie is in the blue now as financials push ahead again on the back of Lloyds Banking, which is motoring forward. Lloyds Banking shares are up over 13% as investors bet that the worst of the bad debts that caused an underlying loss of £4bn in the half year to June are passed. Impairment charges
Read more5th Aug 2009 08:39
Footsie has shrugged off a host of ex-dividends to move gently ahead with Lloyds and British Airways leading the way. Lloyds Banking posted an underlying loss of £4bn in the half year to June as impairment charges jumped by nearly £11bn to £13.4bn reflecting huge write-downs of HBOS's commercial pr
Read more5th Aug 2009 07:48
Footsie is expected to add to yesterday's losses as the stream of results from banks and insurers continues. Lloyds Banking posted an underlying loss of £4bn in the half year to June as impairment charges jumped by nearly £11bn to £13.4bn reflecting huge write-downs of HBOS's commercial property lo
Read more5th Aug 2009 07:23
Tiles and wood flooring retailer Topps Tiles remains on track to meet full year expectations following a small improvement in like for like sales. The firm, which has 312 stores in the UK and 13 in Holland, said group revenue fell 9.9% in the 18 weeks ended 1 August and like for like sales by 10.9%
Read more4th Aug 2009 12:34
Part-nationalised bank Lloyds Banking will dominate the headlines tomorrow morning. Rivals Barclays and HSBC have done well this week after their figures. Lloyds will receive less of a lift from the revival in capital markets, focused as it is on the retail market, even so the bank is tipped to an
Read more2nd Jun 2009 16:54
New Britain Palm Oil's finance boss and chief executive have showed their faith in the Papua New Guinea palm oil producer by spending a combined total of nearly £200,000 of shares. Finance boss David Dann took 30,000 on the Port Moresby stock exchange for the equivalent of about 384p a share and ch
Read more28th May 2009 06:14
Northern Foods shares are now trading on a March 2010 earnings multiple of 9.7 times, falling to 9.1 in 2010. This does not look too demanding after it recent restructuring. With a cracking yield of 7.3pc to support the shares, they remain a buy despite the relatively low dividend cover, says the Te
Read more27th May 2009 17:02
The movements of London's blue-chip index looked as if they were being directed by the grand old Duke of York today, with the index starting the day on the up, then heading lower over the lunchtime session before finishing roughly where it started. Sterling moved above $1.60 for the first time sin
Read more27th May 2009 14:58
London's leading shares are mixed in quiet trading. Hopes of receiving a lift from a strong start on Wall Street have been dashed, with the US market trading indecisively as London as traders await the release of US existing home sales data. Water companies receive a boost ahead of the sector's res
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