Wednesday tips round-up: Topps Tiles, Albemarle & Bond, Hammerson
28th Sep 2011 06:34
In the good times, Topps Tiles saw as much as a quarter of sales coming from people moving house and upgrading the kitchen and bathroom. Today, the proportion is well below 10%, so it relies on discretionary purchases by existing home owners. Topps shares have now fallen to a level where, after yest
Read moreFTSE 100 Movers: Vodafone boosted by new plans
23rd Sep 2011 12:28
Engineering firm Weir group was the biggest faller among FTSE 100 constituents after wiping more the £250m from its market value. The bad news looks set to continue throughout Friday as miners bear the brunt of the current economic turmoil. Worrying economic data from China added to the woes, with
Read moreSector movers: Engineers and auto firms in the red
2nd Sep 2011 14:26
Only one sector was making gains in the UK on Friday afternoon as markets across the globe suffered a broad sell-off on the back of a disappointing jobs report from the US. In London, the automobiles and parts sector was the worst performing sector, with sector giant GKN falling over 4%. Next in l
Read moreLondon close: Strong finish to bad month
31st Aug 2011 16:39
The top share index finished the worst month since the financial crisis broke out in late 2008 with strong gains as strong economic data in the US whetted investors' appetite for battered shares. The purchasing managers' index, which measures industrial sentiment for the Chicago area, came in ahead
Read moreLondon midday: Smith & Nephew leads rally
31st Aug 2011 12:01
Shares have built on their earlier gains, though the rally is unlikely to be enough to prevent the biggest monthly fall since the beginning of the financial crisis in 2008. Among today's big gainers is bid rumour-mongers' favourite Smith & Nephew. Latest talk has it that peer Stryker could be inter
Read moreLondon open: Bwin, 888 lead the rise
31st Aug 2011 08:48
The Footsie edged higher in early trading on the back of a rally in New York last night after minutes from the last meeting of the Federal Reserve showed policymakers considered stimulus measures to kickstart the world's biggest economy. In London, online gaming firm bwin.party surged higher on the
Read moreLondon close: Autonomy movement helps limit losses
19th Aug 2011 16:38
Stocks finished in the red heading into the weekend but off their daily lows, having bounced back into the blue from heavy losses earlier on. Today's standout stock was Autonomy rocketed by over 75% in early trading after US computing giant Hewlett-Packard made a recommended offer for the Cambridge
Read moreSector movers: Software stocks rise on Autonomy deal
19th Aug 2011 15:28
Software and computer services was the highest performing sector, benefiting from a move by US computing giant Hewlett-Packard (HP) which made a recommended offer for Cambridge-based software firm Autonomy. HP is offering 2550p for each Autonomy in a deal that values the data search software compa
Read moreLondon midday: Lloyds and RBS fall again as FTSE 100 slides
19th Aug 2011 12:03
The leading share index is stuck below the 5,000 point mark amid continuing worries over the global economic situation. Banks Lloyds and RBS are suffering hefty losses again as is IAG, the owner of British Airways. But shares in Autonomy rocketed by over 75% in early trading after US computing gi
Read moreLondon open: Autonomy bucks trend as Footsie tumbles
19th Aug 2011 08:27
The Footsie tumbled over 1% in the opening minutes on Friday, despite a surge by software giant Autonomy. However, Autonomy was just one of the four lone stocks making gains, as the blue chip index looks set to fall below the 5,000 mark. Shares in Autonomy rocketed by over 75% in early trading afte
Read moreLondon close: FTSE 100 rallies to close with gains
16th Aug 2011 16:50
The FTSE 100 found strength as the day progressed, helped by some economic data from the US, and managed to finish with gains. Sentiment had been depressed earlier on by figures on this side of the pond. The Eurozone economy grew by a paltry 0.2% in the second quarter compared with the previous thr
Read moreLondon midday: Stocks fall back amid economic worries
16th Aug 2011 12:08
Stocks are firmly in the red as investors digest some sobering economic data both at home and abroad. The Eurozone economy grew by a paltry 0.2% in the second quarter compared with the previous three month period amid a sharp slowdown in growth in the trading bloc's economic powerhouse Germany. He
Read moreFTSE 100 Movers: Rangold benefits from gold rush
16th Aug 2011 09:51
In morning trading the FTSE 100 dropped 0.9% to 5,299.05, with both banks and mining stocks down. Randgold Resources saw a boost off the back of a rising gold price, and a flight to safety by risk-averse investors. Oil company Cairn is lower after RBS cut its rating from 'buy' to 'hold'. Enginee
Read moreLondon open: Miners, engineers lead fallers
16th Aug 2011 08:33
Just four stocks were making gains in early trading as London's blue chip index slipped 1% lower. The Footsie gave up its gains made on Monday and was trading below the 5,300 mark as miners and engineers provided a drag. Randgold Resources was among the few risers, tracking the price of gold higher
Read moreSector movers: Weir claws back after recent sell-off
12th Aug 2011 14:40
For the second day in a row, there were no sectors in the red on Friday, as markets in London, Europe and the US were all posting impressive gains, clawing their way back from the recent global sell-off. High-flying Scottish engineer Weir Group was rising on the FTSE 100 on Friday afternoon, pullin
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