London midday: Greek worries resurface
22nd Apr 2010 11:56
Footsie remains deep in the red now as concerns about Greece's debt situation resurfaced. Greece's financial situation is under scrutiny again after the statistics agency Eurostat warned the country's 2009 budget deficit was 13.6%, more that the 12.7% previously estimated. Financials are the majo
Read moreLondon close: Footsie at 22-month high
15th Apr 2010 17:12
The afternoon saw many leading shares consolidate or extend the morning's gains, solidifying the Footsie's position above 5800. Banks led the advance after better than expected results from US investment bank JP Morgan yesterday. Barclays received a boost from Execution Noble, which raised its targ
Read moreLondon afternoon: Brokers boost banks
15th Apr 2010 14:25
Footsie is keeping its head above 5800, climbing a bit further over the lunch time session despite expectations of a soft start on Wall Street. After better than expected results from US investment bank JP Morgan yesterday investors are keen on UK banks such as Barclays, Royal Bank of Scotland and
Read moreLondon midday: Flat Footsie
15th Apr 2010 11:50
Leading shares remain mixed , with laggards among FTSE 100 constituents now marginally outnumbering leaders. Experian is the worst performing blue-chip. The credit checking firm saw revenues from continuing operations rise for the six months to March but revenues at its UK operations fell in the pe
Read moreFTSE 100 movers: Banks keep Footsie up
15th Apr 2010 11:45
London's leading shares are just above flat as good gains from banks are being offset by weak defensives. Investors are keen on the likes of Barclays, Royal Bank of Scotland and HSBC Holdings but defensives are proving a drag. Reckitt Benckiser, Unilever are lower while G4S, Centrica and Thomas Coo
Read moreLondon open: Modest gains
15th Apr 2010 08:43
London's benchmark index has kicked off with modest gains with banks proving popular early on. Investors are keen on the likes of Barclays, Royal Bank of Scotland and HSBC Holdings But they seem unsure about Rio Tinto, which released a first quarter update. The group said its operation continued
Read moreLondon pre-open: Shares to rise
15th Apr 2010 07:33
London's leading shares are poised to begin with good gains, with traders eyeing a 22 point rise in opening deals. McBride, which makes personal care products for supermarkets to sell under their own label, has appointed an executive from the food and household goods giant Unilever as its new chief
Read moreMcBride unveils Unilever's Chris Bull as new chief exec
15th Apr 2010 07:04
McBride, which makes personal care products for supermarkets to sell under their own label, has appointed an executive from the food and household goods giant Unilever as its new chief executive. Chris Bull, the chief customer officer for Unilever, will take up the reins at McBride from May 4. Mc
Read moreUnilever boss Paul Polman takes another bite
30th Mar 2010 15:14
Paul Polman, chief executive at Unilever, has been stocking up on shares in the Anglo-Dutch food and household goods giant, spending more than £360,000. He took 19,000 shares at 1,898.9p a time. A spokesperson for the company said this takes his holding to 54,448 shares. Polman was appointed as Un
Read moreLondon close: Footsie eases back
26th Mar 2010 16:50
Footsie drifted lower going into the weekend, but remained near the 21-month highs it hit earlier in the week. With corporate news thin on the ground, broker commentary drove much of the action. Unilever is downgraded to neutral from 'overweight' by HSBC on sales volumes concerns. Hi-tech weapon
Read moreLondon afternoon: Sleepwalking lower
26th Mar 2010 14:05
It's been a good week for the Footsie but it looks set to end with a whimper rather than a bang. With corporate news thin on the ground broker commentary is driving much of the action. Unilever is downgraded to neutral from 'overweight' by HSBC on sales volumes concerns. Hi-tech weapons group Qi
Read moreLondon midday: Footsie drifts lower
26th Mar 2010 12:19
Footsie is bumbling along a tad directionless as investors consider the Greek bail-out, Budget fall-out and the prospects of more air and rail strikes. Property companies are among the best performers, with Hammerson, Segro, British Land and Liberty the four highest risers so far. In economic news
Read moreChairman-elect buys Collins Stewart shares
22nd Mar 2010 16:39
Chairman-elect Tim Ingram has acquired 250,000 shares in broker Collins Stewart. Ingram has been a non-exec on the broker's board for 10 weeks and the share purchase at 77.69p a share represents an investment of £194,225. The purchase takes his stake to 285,000 shares. Ingram takes over as chair
Read moreBroker tips: Income stocks, AB Foods, Reed Elsevier
22nd Feb 2010 13:11
Barclays Capital is advising its clients to buy 'high quality dividend stocks' as dividend yields trade close to historical highs relative to bond yields. Barclays Capital (BarCap) has identified 20 European high quality dividend stocks, a list that includes UK stocks Cable & Wireless, RSA, BP, Ast
Read moreBroker snap: Divi stocks back in vogue
22nd Feb 2010 13:06
Barclays Capital is advising its clients to buy 'high quality dividend stocks' as dividend yields trade close to historical highs relative to bond yields. 'After the 60% rally since March 2009 led by financials and cyclicals, we have seen a reversal in style in the market over the last four weeks.
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