London open: Footsie bounds ahead
1st Dec 2009 08:44
London's top stocks have opened strongly as concern over the situation in Dubai eases a little. Miners and banks are leading the rally following a strong performance by both groups on on Wall Street overnight. Royal Bank of Scotland is among the best performers this morning. It has been affected b
Read moreTuesday tips round-up: G4S, IMI, Hiscox
10th Nov 2009 06:05
Security firm G4S reported organic growth, which excludes the impact of acquisitions, down slightly to 4.2pc for the first nine months of the year, compared with 4.8pc in the first half. This is still a good result considering the current climate. They still look good value at around 12 times next y
Read moreTT Group still watching the pennies
28th Oct 2009 08:09
Electronic sensor company TT Group continues to trade profitably, despite lower sales, thanks to its cost cutting measures. The economic downturn continues to hit sales, with revenue in the second half of the year below that seen in the corresponding period of last year, although turnover was at le
Read moreHuntsworth's Puttnam doubles holdings
28th Aug 2009 16:06
Huntsworth non-executive director Lord Puttnam has doubled his holdings in the public relations and healthcare communications firm. The group said Lord Puttnam bought 90,000 ordinary shares at 65.5p each, taking his holdings to 180,000 shares or 0.1% of the issued class. Top Director Buys Huntsw
Read moreFriday tips round-up: Rio Tinto, ENRC, SIG
21st Aug 2009 06:13
Rio Tinto's earnings were hit in the first half with big losses in aluminium and diamonds while iron ore and copper profits were scythed. But Rio is cutting $1 billion in costs from its aluminium portfolio and the iron ore JV should deliver more cost savings. If you have a patient long-cycle view of
Read moreTT trading profitably since May
20th Aug 2009 14:34
Recovery play TT Electronics advanced Thursday after it said some of its markets are showing signs of stabilising. The sensor and electronic component technology group reported a loss before tax of £3.9m, excluding exceptional items, in the first half of 2009 compared to a pre-tax profit of £15m a
Read moreBroker tips: Rio Tinto, WPP, TT Electronics
20th Aug 2009 13:01
Interim results from Rio Tinto came in slightly below market expectations but Jonathan Jackson, head of Equities at Killik & Co, believes that the group is broadly delivering on a number of commitments made at the end of last year, particularly in the area of debt reduction. The overall tone of the
Read moreBroker snap: TT to break even this year
20th Aug 2009 09:29
House broker KBC Peel Hunt has upgraded its 2010 earnings estimates for TT Electronics after the sensor and electronic component technology firm announced interim results that were ahead of expectations. ‘We are upgrading our 2010E PBT by £4.5m to £6.9m as additional cost savings are realised next
Read moreThursday preview: SIG, TT Electronics
19th Aug 2009 17:05
The share price of SIG, the supplier of construction products, has been slowly picking itself up off the floor after the company's profit warning in June and tomorrow's interim results should show whether the recovery has been justified. The group said on 18 June that volumes had remained subdued a
Read moreSmall caps round-up: MediaZest, Reneuron, Atlantic Coal...
30th Jun 2009 09:00
Display advertising and screens provider Mediazest's pre-tax profits slide in the year as administrative expenses were too high, prompting the firm to undertake further cost cutting measures. The group also said first half of 2009 has seen a drop in activity as a consequence of the economic downt
Read moreLondon open: Footsie up despite M&S disappointment
19th May 2009 08:48
Footsie has built on yesterday's gains as traders wade through the continuing stream of company results. Marks & Spencer has fallen sharply after it revealed a final dividend cut of a third after the clothes and food retailer saw a sharp drop in pre-tax profits to £706.2m from £1.13bn. M&S said it
Read moreWeak demand continues at TT Electronics
13th May 2009 08:33
Sensor and electronic components firm TT Electronics said 'significant weakening in customer demand' continued in January and February as the global economic recession severely affected most of its major markets. "Although there is as yet no evidence of an improvement in our key markets, overall t
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