FTSE 250 movers: Supergroup, Keller plummet
12th May 2011 14:56
Two companies, SuperGroup and Keller, took a tumble on Thursday, both falling over 20% lower. Fast-growing fashion group SuperGroup failed to get its summer range out in time for the unseasonably warm weather seen recently, resulting in a lower sales growth rate in the three months to 1 May. Grou
Read moreHikma shrugs off Middle East unrest
12th May 2011 12:07
Hikma Pharmaceuticals said it was on track to hit growth forecasts, with its operations businesses in Egypt, Tunisia and Bahrain performing well despite recent unrest. The Jordan-based firm said it was very pleased with the speed at which operations in these countries were returning to normal, alth
Read moreLondon midday: Losses widen amid commodity slide
12th May 2011 12:05
The FTSE 100's losses have grown with miners on the back foot amid worries over global growth. Silver specialist Fresnillo leads the mining sector lower in the FTSE 100. Worries that China may further tighten monetary policy are hurting commodity prices. Lower oil prices were evident on the markets
Read moreLondon close: Footsie finishes just shy of 6,000
15th Apr 2011 16:52
Footsie finished on or around its high point for the day but just shy of the 6,000 level. Risers outnumbered fallers by about three to one among FTSE 100 constituents, with resource stocks featuring prominently among the laggards. Real estate investment trusts British Land and Land Securities led
Read moreLondon midday: Banks dull after Ireland downgrade
15th Apr 2011 12:02
The top share index failed to regain the 6,000 level in the morning, but came close before subsiding just before midday. Banks are dragging the index lower, offsetting good gains among property companies. Banks such as Royal Bank of Scotland, Lloyds and Barclays are off the pace as sentiment sour
Read moreLondon open: Resource stocks wanted
15th Apr 2011 08:37
The Footsie is sidling back up towards the 6,000 level, with resource stocks leading the way after China's economy grew faster than expected in the first quarter. ENRC, Antofagasta and Lonmin are the picks of the mining sector while among oils Cairn and Tullow are the stocks to have. Betting shops
Read moreHikma takes strategic stake in Indian firm
15th Apr 2011 08:02
Jordan-based Hikma Pharmaceuticals has entered into a strategic partnership with the Indian pharmaceutical company Unimark Remedies. Hikma is paying $33.3m to take a minority stake in privately held Unimark, one of India's leading manufacturers of active pharmaceutical ingredients (API) and API int
Read moreHikma hurt by Middle East conflict
16th Mar 2011 07:39
Shares of Jordan-based Hikma Pharmaceuticals fell as it warned recent events in the Middle East and North Africa region, particularly in Egypt, Libya and Tunisia will result in slower growth in its key branded business in 2011. "We started 2011 with double digit growth expectations for our Branded
Read moreWednesday Preview: Greggs, Marston's, Hikma
15th Mar 2011 17:19
Results from Greggs will help give us a clearer picture of the state of the British High Street. Shore Capital is predicting a 7% rise in pre-tax profits from the baked snacks retailer, though the broker is less cheery over trading so far this year. One interesting aspect to look out for is what Gr
Read moreWednesday tips round-up: Amec, Carillion, Autonomy...
2nd Feb 2011 06:47
Exploration and production spending by oil companies is expected to increase significantly in 2011 - with analysts predicting investment could rise by as much as a fifth. This is an opportunity for Amec. Any M&A activity could be a catalyst for the shares to outperform. The shares are trading on a
Read moreHikma maintains guidance
12th Nov 2010 07:58
Hikma Pharmaceuticals still thinks revenue growth for 2010 will be in the low teens and gross margin will be higher than in 2009. The Jordan-based firm is "performing well" this year, with strong growth for the branded business in the Middle East and North Africa (Mena) region during the second hal
Read moreBrainspark boss increases stake to 38.2%
9th Nov 2010 16:29
Alfredo Villa, chief executive of Brainspark, has bought 2.1m shares £2.6m or 125p a share. Brainspark is an investment company with a primary portfolio in Italy encompassing interactive media, leisure, entertainment and financial services. As well as being the chief executivee of Brainspark, Vill
Read moreTuesday tips round-up: Smiths, Weir, Xchanging...
2nd Nov 2010 06:46
Smiths, the technology group, enjoyed steady gains on the stock market yesterday as investors woke up to what could be an unexpected boost to its bottom line. The interest was triggered by the recently foiled cargo bomb plot, in which explosive devices were posted in Yemen with the freight firms UPS
Read moreLondon close: Footsie takes small step back
29th Oct 2010 17:24
The movements of the FTSE 100 index appeared to be directed by a lackadaisical Grand Old Duke of York today, and the blue-chip index finished (more or less) neither up nor down. British Airways was lower even though it swung to a profit in the first half as the airline improved yields and cut costs
Read moreLondon afternoon: Footsie returns to blue
29th Oct 2010 15:15
London has finally pulled itself back into the blue helped by a solid start on Wall Street after GDP numbers disappointed slightly. Over here, GfK NOP's consumer confidence index improved to -19 in October, confounding economists' expectations of a slide to -22 or even lower. The survey was taken b
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