London afternoon: Stocks still in the same range
9th Apr 2010 14:06
Footsie is performing in the same range and is unlikely to get any direction from the US, which is due to start with modest gains. Resource stocks are underpinning strength in the Footsie with silver miner Fresnillo top of the tree. Xstrata is going well following reports in the Australian press th
Read moreLondon midday: Oil and mining stocks boost Footsie
9th Apr 2010 12:14
Resource stocks are underpinning strength in the Footsie today. Miners lead the way, with silver miner Fresnillo top of the tree. Xstrata is going well following reports in the Australian press that it is contemplating a bid for MacArthur Coal, the Australian miner that is, itself, attempting to ta
Read moreLondon open: Miners up on quiet day
9th Apr 2010 08:21
Miners are giving London's top stocks a lift on a relatively quiet day on the company news front. Xstrata is leading the way, closely followed by Kazakhmys, Antofagasta, Anglo American and Eurasian Natural Resources. Mining giant Rio Tinto is also up after it said it is in talks with several of it
Read moreLondon pre-open: Shares to bounce back
9th Apr 2010 07:40
Shares are expected to advance after slipping back yesterday. Mining giant Rio Tinto said it is in talks with several of its iron ore customers about moving to quarterly pricing of iron ore contracts. The move comes after rivals BHP Billiton and Vale switched to shorter term pricing arrangements.
Read moreGalliford Try bags Thames water contract
9th Apr 2010 07:07
Construction group Galliford Try has won a contract worth up to £500m with Thames Water to upgrade water and waste water treatment facilities in the London region. The work will be carried out in a joint venture with engineering and development consultancy Mott Macdonald, water treatment group Biwa
Read morePost-demerger buying at EnQuest
7th Apr 2010 16:28
EnQuest directors have been buying shares following the completion of the oil and gas explorer and producer's demerger from oil services provider Petrofac yesterday. Finance director Jonathan Swinney acquired 45,403 shares but it was the non-executives that made the large purchases. Non-executive
Read moreGalliford Try wins £28m Thames Water contract
18th Mar 2010 09:53
Housebuilding and construction group Galliford Try has been awarded a Thames Water contract worth in excess of £28m to upgrade Long Reach sewage works in Dartford. The contract will be carried out in joint venture with Biwater and Mott MacDonald. The project includes the construction of aeration
Read moreGalliford Try turns in H1 profit
24th Feb 2010 08:07
Housebuilding and construction group Galliford Try reported a first half profit, helped by a stronger construction order book but warned the market remained challenging. The group posted pre-tax profit of £6.4m in the six months to end December compared to a loss of £37.5m the same time a year befo
Read moreTuesday tips round-up: Ryanair, Xstrata, Cranswick
2nd Feb 2010 06:54
Fares on flights will have to rise if the company is going to hit its targets, that's the warning issued by Michael O'Leary's Ryanair yesterday. This is, obviously, better news for investors than it is for its customers. Currently, 11% of intra-European traffic is transported on the Ryanair fleet a
Read moreGalliford Try closes Worcester Library deal
1st Feb 2010 08:23
Galliford Try, the housebuilding and construction group, has reached financial close on the £60m PFI project to develop the new Worcester Library and History Centre for Worcestershire County Council in partnership with the University of Worcester. The project involves developing a fully integrated
Read moreGalliford up for Edgbaston cricket stadium deal
11th Jan 2010 12:56
Galliford Try, the housebuilding and construction group, has been appointed preferred bidder on a £24m project to redevelop Edgbaston International Stadium for Warwickshire County Cricket Club. The group will undertake the design and construction of a new section of the stadium, which will seat 8,
Read moreLondon close: Strong run continues
5th Jan 2010 16:40
Strength in the financial sector helped Footsie continue its strong start to 2009, closing near its highest levels in more than a year. RBS added to yesterday's stellar gains and is joined higher by fellow banks Barclays and Lloyds. The latter pair have been selected by Deutsche Bank as the best t
Read moreLondon afternoon: Cadbury melts as Nestle withdraws
5th Jan 2010 14:26
The Footsie moved sideways over the lunch time session, with strength in financials and miners continuing to offset weakness among retailers. RBS adds to yesterday's stellar gains and is joined higher by fellow banks Barclays and Lloyds. The latter pair have been selected by Deutsche Bank as the b
Read moreLondon midday: Banks buoy Footsie
5th Jan 2010 12:18
Strength in financial stocks is helping Footsie offset declines in the retail sector. RBS adds to yesterday's stellar gains and is joined higher by fellow banks Barclays and Lloyds. Also among today's big gainers is the hedge fund manager Man Group, which has benefited from some upbeat coverage fr
Read moreLondon open: Retailers lead Footsie lower
5th Jan 2010 08:15
London's top stocks have opened lower as retailers fall back at the beginning of the Christmas sales reporting season. High street retailer Next is lower even though it increased full-year profit forecasts again in response to better than expected sales in the run up to Christmas. Sales for the 2
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