London afternoon: Friends leads London higher
13th Jul 2009 14:32
Mergers and acquisition activity is keeping share prices bubbling as London makes a solid start to the week. Friends Provident is the best performer after Clive Cowdery's new vehicle, Resolution , said it has received "constructive feedback" from the board of Friends over its merger approach and i
Read moreLondon midday: M&A activity perks up shares
13th Jul 2009 11:56
The blue-chip index edged higher in the morning sessions despite the weakness of miners and banks, with increased merger and acquisition activity encouraging buyers back to the market. Friends Provident is the best performer after Clive Cowdery's new vehicle, Resolution , said it has received "con
Read moreFTSE 250 movers: Strong sales lift Dunelm and Cranswick
13th Jul 2009 10:50
Specialist homewares retailer Dunelm is in demand after it grew market share in the first half of 2009 as like-for-like sales improved, despite a declining market. Sausages and pork products supplier Cranswick climbs after saying it has made a positive start to its new financial year, with first qu
Read moreDunelm grows in declining market
13th Jul 2009 07:36
Specialist homewares retailer Dunelm grew market share in the first half of 2009 as like-for-like sales improved, despite a declining market. Like-for-like sales rose 5% in the 26 weeks to 27 June 2009 in comparison with a year earlier. Total sales rose 10.7% to £215.2m in the half-year period. Fo
Read moreFTSE 250 movers: Hochschild hit by lower metals prices
12th Jun 2009 12:26
Lower precious metal prices have sent shares in Hochschild Mining, which produces silver and gold. Food stocks are wanted though, with Hovis-maker Premier Foods and butter and cheese firm Dairy Crest among the top-risers. Premier yesterday announced plans to raise £404m, or £379m net, from a placin
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