London close: Footsie stays strong
23rd Oct 2009 16:31
Footsie shrugged off a surprise fall in GDP to post good gains after rising on the back of well-received US results. The economy shrank by 0.4% in the third quarter, confounding analysts' expectations of a return to growth and suggesting that further stimulus measures may be on the cards. It is t
Read moreLondon afternoon: Big gains for blue chips
23rd Oct 2009 14:36
London's blue chips have roared away despite unexpectedly bad gross domestic product figures, with mining stocks leading the advance. The economy shrank by 0.4% in the third quarter, confounding analysts' expectations of a return to growth and suggesting that further stimulus measures may be on the
Read moreLondon midday: Miners bolster Footsie
23rd Oct 2009 12:20
UK share prices have shrugged off unexpectedly bad gross domestic product figures, with mining stocks leading the advance. The economy shrank by 0.4% in the third quarter, confounding analysts' expectations of a return to growth and suggesting that further stimulus measures may be on the cards. It
Read moreLondon open: Footsie makes early gains
23rd Oct 2009 08:49
London's blue chips have opened higher after US indices powered forward again as investors took heart from the latest round of results in the third quarter season. Online retailer Amazon keep the momentum going after the US markets closed, as net income rose 69% year on year to $199m on sales of $5
Read moreZotefoams ahead of forecasts
23rd Oct 2009 07:56
Foam maker Zotefoams expects underlying profits to beat market foreasts for this year after sales picked up in the second half. 'Profit for the quarter benefited from higher levels of activity, favourable exchange rates and the cost reductions implemented earlier in the year,' it said, adding that
Read moreSmall caps round-up: Devro, Cashbox, Sportech...
4th Aug 2009 11:30
Devro more than doubled first half pre-tax profit to £11m from £5m a year ago and the sausage skin maker expects the improving performance to continue through the second half. Profit before exceptional items for the six months ended 30 June 2009 rose 17% to £9.2m on sales up 27% to £105m. The inter
Read moreZotefoams sitting comfortably
3rd Jul 2009 07:36
Foam maker Zotefoams remains on track to meet targets this year despite sales tumbling 20% in the first half of 2009 compared with the previous six months. Sales in the Polyolefin foams business have benefited from the impact of a weaker sterling, raw material have remained at levels significantly
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