Thursday preview: Unilever, RSA
5th Aug 2009 17:58
Unilever, which makes Dove soaps and Lipton tea, will report second quarter and interim figures tomorrow. Analysts expect profts to fall 9.5% on revenue down 1% to €10.5bn for the quarter that ended in June. The group said in the first quarter that it was suffering from consumers moving to own-br
Read moreWeek Ahead: UK banks, Unilever
31st Jul 2009 12:25
UK tax payers get to find out on Friday how their High Street bank, Royal Bank of Scotland, performed in the first half of the year. Chancellor Alistair Darling has reportedly been less than happy with the UK banks' efforts to get the economy moving again, and in the case of part-nationalised RBS h
Read moreLondon close: Stocks pull out of tailspin
14th Jul 2009 17:09
Indecision on Wall Street prompted a spell of profit taking in the UK in the middle of the afternoon session which threatened to wipe out the morning's gains, but London's blue-chips rallied at the death to keep the Footsie in the blue. Mining stocks were the best performers with silver miner Fresn
Read moreLondon afternoon: Footsie climbs despite weak retailers
14th Jul 2009 14:10
London's leading shares continue to edge higher, with sentiment given a boost in the afternoon by expectations of a moderately firm start on Wall Street and a strong set of second quarter results from US bank Goldman Sachs, which announced record revenues. Mobile phone giant Vodafone, the third lar
Read moreBroker snap: Unilever preferred to AB Foods
9th Jul 2009 12:53
Primark remains the main engine of growth at Associated British Foods as all other parts of the business reported slowing sales growth in the third quarter of the group's financial year. Jeremy Batstone-Carr at Charles Stanley said the trading update was broadly in line with expectations and "reaso
Read moreTuesday tips round-up: Unilever, Imperial Tobacco, Ten Alps
16th Jun 2009 06:40
Everything is in place at Unilever to confound the cynics and show good volume growth over the next few years. The shares are yielding 4.5% and trade on a December 2009 earnings multiple of 13.5 times. Unilever is a buy says the Telegraph. Fears of a dividend cut at Imperial Tobacco are overplayed
Read moreSector movers: Tate and Lyle fails to sweeten food sector
28th May 2009 13:27
Tate and Lyle is among the companies dragging the food producers sector into the red. The sugar and sweetener firm posted a sharp fall in profits after facing impairment charges and tough trading conditions. Profit before tax in the year to 31 March fell to £113m from £182m the previous year even
Read moreLondon close: Footsie takes a dive
13th May 2009 16:31
Footsie gave up its recent indecisive spell to dive into the red after an unexpected fall in US retail sales tempered recent talk that we are on the cusp of an economic recovery. Financial shares were the worst performers in London, not helped by disappointing trading updates from Legal & General a
Read moreLondon afternoon: US retail sales data jolts London
13th May 2009 14:28
Poor US retail sales figures prompted a quickening in the decline of blue-chip prices in London. US retail sales had been expected to rise in April but unexpectedly fell, bringing in to doubt hopes that the US economy is on the mend. Financial shares are the worst performers in London, not helped b
Read moreFTSE 100 movers: Profit rise points Compass higher
13th May 2009 13:44
Caterer Compass is bucking the general downward trend after it reported a stronger-than-expected 41% rise in half-year profits thanks to new contract wins and cost cuts. Another food related stock, Unilever, whose range includes Pot Noodles and Persil, is boosted by a positive note from Charles Sta
Read moreBroker tips: Unilever, Pubcos, Johnston Press
13th May 2009 13:08
Food and household products giant Unilever was one of the best performing blue-chips on Wednesday morning, helped by a positive note from Charles Stanley. The broker said it is upgrading its 'long-held negative recommendation' on the Anglo-Dutch company following the group's first quarter results a
Read moreBroker snap: New Unilever boss makes bright start
13th May 2009 13:05
Food and household products giant Unilever was one of the best performing blue-chips on Wednesday morning, helped by a positive note from Charles Stanley. The broker said it is upgrading its 'long-held negative recommendation' on the Anglo-Dutch company following the group's first quarter results a
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