London afternoon: Stocks slide on US jobless news
6th Nov 2009 14:04
Leading shares are retreating rapidly in the wake of worse than expected US non-farm payrolls data. October non-farm payrolls data showed the US unemployment rate rose to 10.2% from 9.8% in September. The number of jobs lost in October was 190,000, versus expectations of 175,000 job losses. So fa
Read moreDechra quarterly revenues up 5.1%
6th Nov 2009 07:57
Dechra Pharmaceuticals, which focuses on the veterinary sector, has started the financial year in line with expectations with revenue in the first quarter 5.1% ahead of last year. The pharmaceuticals division has continued to make good progress with first quarter revenue 11% higher than the equiva
Read moreSunday tips round-up: Cape, Alumasc, Cranswick
25th Oct 2009 11:48
The share price of mining, chemical and energy services group Cape continues to recover, after the market priced the group for total failure earlier this year. The Telegraph's Questor expects to hear news of more contract wins in the coming months, especially in the Middle East. Buy. Alumasc shares
Read moreKofax directors take stakes
13th Oct 2009 17:27
Two directors at the scanning software specialist Kofax have bought large stakes in the firm. Chief executive Reynolds Bish, who was appointed in November 2007, took 22,300 shares at 159p, 1,000 at 157p and 2,850 at 162p and now has 26,150. Non-executive director Joe Rose took 2,000 shares at 162
Read moreWednesday tips round-up: L&G, Dechra, Johnston Press
2nd Sep 2009 06:38
Legal & General's new finance head Nigel Wilson spent his first day in the job on Tuesday. He now faces an interesting first few months at the embattled insurer. When his predecessor Andrew Palmer stood down in April, the company - once the darling of the stock market - had seen its relationship wi
Read moreLondon close: Footsie plunges after Wall Street reversal
1st Sep 2009 16:43
A sharp reversal in US stocks' fortunes ensured Footsie finished deep in the red after abruptly giving up an attempt to climb into positive territory. Miners were weak on lower metals prices, with Kazakh pair ENRC and Kazakhmys among the worst hit. Lower metals prices also hurt the likes of Antof
Read moreLondon afternoon: Footsie still stuck after plunge
1st Sep 2009 14:41
There has been little change in the FTSE 100 since it abruptly took a downward turn this morning Kazakh resources group ENRC is leading the mining sector lower, closely followed by fellow Kazakh operation Kazakhmys. Lower metals prices are also hitting the likes of Antofagasta, Anglo American, Lon
Read moreLondon midday: Banks and miners lead retreat
1st Sep 2009 12:16
Banks and miners are dragging the market lower and have pushed the Footsie below the 4,900 level. Kazakh resources group ENRC is leading the mining sector lower, closely followed by fellow Kazakhi operation Kazakhmys. Lower metals prices are also hitting the likes of Antofagasta, Anglo American, L
Read moreSector movers: Drugs progress boosts Pharma stock
1st Sep 2009 11:12
Positive updates from two big hitters have given the pharmaceuticals sector a shot in the arm. AstraZeneca is one of the FTSE 100's best performers after announcing it is to press ahead with plans to submit its ticagrelor drug, Brilinta, for regulatory approval in the fourth quarter of 2009 after
Read moreLondon open: Quiet start for Footsie
1st Sep 2009 08:54
It has been a very quiet start to the post-bank holiday weekend with news at a premium and what has come out largely small cap focused. Asia-focused bank Standard Chartered has agreed to sell its entire 14.85% stake in BC Card to Korean private equity firm Vogo Fund and its affiliates for an undis
Read moreLondon pre-open: Cautiously lower
1st Sep 2009 07:40
While bourses on the European mainland set about clawing back some of the losses suffered yesterday London, which was closed yesterday, looks set to open lower with traders predicting the FTSE 100 will open around 7 points lower at 4,901. Asia-focused bank Standard Chartered has agreed to sell its
Read moreDechra raises full-year profit, divi
1st Sep 2009 07:22
Dechra Pharmaceuticals, which focuses on the veterinary sector, upped it dividend by 10% as it reported a 38% rise in full-year profit. Pre-tax profit rose to £16.1m in the year ended 30 June compared with £11.7m last time, while revenue increased 15% to £350m. The final dividend has been raised t
Read moreLondon close: Footsie gives up gains
7th Jul 2009 16:29
Footsie managed to shrug off a poor performance on Wall Street until late in the day but gave up the fight just before the close to finish slightly in the red. Miners led the risers. Xstrata was wanted as rumours resurfaced that Brazilian mining titan Vale is contemplating reviving bid talks with
Read moreLondon afternoon: Prices hold steady at higher levels
7th Jul 2009 14:09
Equity prices stagnated over the lunch time trading session. Footsie remains modestly higher but volumes are low. Miners lead the advance, with the top 6 performers among Footsie constituents all mining stocks, Miner Xstrata is wanted, as rumours resurface that Brazilian mining titan Vale is con
Read moreFTSE 250 movers: Persimmon leads risers
7th Jul 2009 13:30
Housebuilder Persimmon leads the risers after saying it has seen both volume and revenues improve recently and expects that trend to continue against the weak conditions experienced throughout the second half of 2008. Fellow housebuilders Barratt and Bovis, due to report on Thursday and Friday resp
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