FTSE 250 movers: Phoenix rises on upgrade
4th Jul 2012 14:13
Financial group Phoenix was among the best performers on the second tier index after Berenberg upgraded its rating on the stock to 'buy', while Halfords, TalkTalk and Cranswick were all lower after going ex-dividend. Support services firm also Carillion dropped after confirming predictions that it
Read moreLondon midday: Footsie edges lower on weak PMI data
4th Jul 2012 11:34
- PMI data from China and Europe disappoints - US markets closed for July 4th - Investors await policy decisions tomorrow The Footsie was trading within a narrow range of just 17 points on Wednesday as volumes were seen to be light given that Wall Street is closed for Independence Day. Disappointin
Read moreLondon open: Markets cautious ahead of policy decisions
4th Jul 2012 08:38
- Ex-div stocks provide a drag in London - Chinese economic data dampens the mood - US markets closed for national holiday UK stocks slipped in early trading on Wednesday with volumes expected to be light as US markets remain closed for Independence Day; investors are likely to be cautious ahead of
Read moreCarillion profits down in first half
4th Jul 2012 07:24
Support services firm Carillion has confirmed predictions that its profits will be lower in the first half of the year. The firm said trading in the first six months of 2012 had been in line with expectations and profit and earnings were on track to meet full-year expectations, despite challenging
Read moreWednesday preview: Carillion, Genus, Topps Tiles
3rd Jul 2012 17:56
Tomorrow is Independence Day in the USA, so US markets will be closed but there should be plenty of news back in Blighty to keep traders occupied. Support services firm Carillion brings out a pre-close trading statement. Broker Peel Hunt says it is concerned that Middle East construction, which acc
Read moreLondon midday: Greece, UK concerns pull Footsie to five-month low
16th May 2012 11:34
- Footsie nears five-month low - Potential Greek exit grips markets - Bank of England cuts GDP forecast, unemployment falls Concerns over a potential exit of Greece and growth in the UK were weighing on the FTSE 100 by Wednesday lunchtime, with the Footsie sinking to intraday levels not seen since
Read moreLondon open: Footsie at lowest levels since mid-December
16th May 2012 09:04
- Greek concerns dent Footsie again - Glencore, Sainsbury fall after going ex-dividend - Lamprell tanks on FTSE 250 London's FTSE 100 suffered a third straight sell-off on Wednesday, sending the blue chip index to a near five-month low in early trading on the back of concerns over the political si
Read moreCarillion on track despite Middle East headwinds
2nd May 2012 13:13
FTSE 250 support services firm Carillion saw a slight fall in its share price on Wednesday after it reiterated that the operating margin in its Middle East construction services sector has continued to move back towards the six per cent mark. This has occurred as negotiated contracts are replaced w
Read moreLondon open: Financials lead comeback following steep losses
24th Apr 2012 08:40
- Footsie rebounds after Monday's steep losses - Shell makes 220p-a-share offer for Cove - Capita drops after proposing placing The FTSE 100 was clawing its way back slowly on Tuesday morning, following yesterday's steep sell-off which saw London's benchmark lose nearly two per cent of its value on
Read moreCarrilion bags 'first of its kind' council contract
24th Apr 2012 07:33
Support services firm Carillion has secured a massive contract with Oxfordshire County Council, designed to save the local authority over half a million pounds a year. The 10-year deal to provide property and facilities management could be worth up to £700m to Carillion. It is the first time that
Read moreLondon pre-open: Stocks fall ahead of GDP data
28th Mar 2012 07:39
City sources predict the FTSE 100 will open down 22 points from yesterday's close of 5,870, tracking falls in the US and Asia. The anticipated drop will also come ahead of UK GDP data for the fourth quarter, due to be released by the Office for National Statistics later this morning. Like-for-lik
Read moreCarillion bags contracts with Centrica and Gatwick
28th Mar 2012 07:02
Support services firm Carillion has won two support services and construction contracts worth a total of 95m pounds. The first is with FTSE 100 utilities giant Centrica, which owns British Gas, to provide it with facilities and energy efficiency services for 92 properties with a total area of 8.6m
Read moreMonday broker round-up - UPDATE
19th Mar 2012 09:37
Antofagasta: Exane BNP Paribas upgrades from neutral to outperform, target lifted from 1,200p to 1,450p; Nomura cuts target to 1,500p from 1,650p, buy rating unchanged. AstraZeneca: Goldman Sachs cuts target from 3,350p to 3,306p, neutral rating kept. Barclays: UBS raises target from 240p to 272p,
Read moreFTSE 250 movers: Computacenter in top spot ahead of results
12th Mar 2012 15:16
Computacenter was in the top spot ahead of its results due out tomorrow. which are set to show the sixth consecutive year of double digit adjusted earnings per share (EPS) growth and adjusted profit before tax for full year 2011, in line with the board's expectations. The group has already said th
Read moreLondon open: Stocks flat after Chinese data
12th Mar 2012 08:34
- China in net deficit in January and February combined - Glencore eyeing up Viterra - Temenos drops out of the running for Misys The Footsie opened flat on Monday after some disappointing economic data from China was weighing on financials and resource stocks. Chinese economic indicators out over
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