London afternoon: Winning streak in danger
27th Jul 2009 14:34
Footsie has dipped back into the red, with sentiment taking a knock from Wall Street's soft opening. Were the Footsie to finish higher today it would equal a record streak of 11 successive days of gains. Pearson remains the best performer on a much better than expected trading update. The publishin
Read moreLondon midday: Pearson beats expectations
27th Jul 2009 12:07
Strong mining stocks are supporting the Footsie's quest to achieve a record breaking 12th successive day of gains today. Lonmin leads the mining sector higher after Goldman Sachs upgraded the stock to "neutral" from "sell". Kazakhmys and Antofagasta are the next best performers. Pearson remains th
Read moreBeazley takes currency knock
27th Jul 2009 10:23
Profits plunged 55% at insurer Beazley during the first half due to currency exchange fluctuations. The UK mid-cap made £20.1m in the six months ended 30 June 2009, but that was way short of the £45m profit recorded a year earlier. This year's number was hurt by a £49.8m foreign exchange loss, whi
Read moreTullett Prebon chief exec spends £1.1m
29th Jun 2009 17:11
Tullett Prebon's chief executive Terry Smith has spent more than £1m upping his stake in the interdealer broker. He bought 439,731 shares at 267p a time and now has about 9.2m, which is 4.3% of the firm. He was joined by finance director Paul Mainwaring who took 103,683 shares at 268.9p a time. T
Read moreIFR Capital chief buys €1.5m worth
17th Jun 2009 17:07
European food retail investor IFR Capital said chief executive Heiner Kamps has bought €1.5m worth of shares. Kamps acquired 6.3m shares for a price equivalent to €0.25 per ordinary share. He now holds 112m shares, which represents 26.5% of the company. Top Director Buys IFR Capital (IFR) Direc
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