London midday: Miners threaten Footsie streak
28th Jul 2009 12:14
If the Footsie is to rise for a record breaking 12th day in succession it looks like it is going to do so without the assistance of the mining stocks which are in retreat today. Software giant Sage is doing its bit for Footsie, staging a relief rally on results that were in line with market expect
Read moreSector movers: Sage cheers software sector
28th Jul 2009 09:54
Software giant Sage gives the whole sector a lift after it said results for the year ended 30 September 2009 are in-line with market expectations but warned that markets remain testing. The group said market conditions in the quarter ended 30 June 2009 have remained challenging but largely unchange
Read moreLondon open: Footsie on course for record
28th Jul 2009 08:33
All eyes today will be on Footsie and whether it can set a new record of twelve consecutive daily gains. Currently, it is comfortably on course despite some mixed results on another big day for company announcements. Oil giant BP announced second quarter replacement cost profits towards the top e
Read moreLondon pre-open: Hesitantly firmer
28th Jul 2009 07:44
Interest is focused on whether the Footsie can set a new record for consecutive gains today, and the initial signs are promising with the blue-chip index set to open up 8 points higher at 4,594. Oil giant BP announced second quarter replacement cost profits towards the top end of market expectation
Read moreSage in line but markets remain testing
28th Jul 2009 07:02
Software giant Sage said results for the year ended 30 September 2009 is in-line with market expectations but warned that markets remain testing. The group said market conditions in the quarter ended 30 June 2009 have remained challenging but largely unchanged. Subscription revenues continue to
Read moreTuesday preview: BP, ARM, Sage
27th Jul 2009 17:18
BP, Royal Dutch Shell and US oil major Exxon Mobil all release results this week with BP starting the ball rolling on Tuesday with its second quarter update. Expectations for headline earnings range from $2.4bn to $3.3bn, versus a first quarter figure of $2.39bn, as the company benefits from higher
Read moreParkmead men buy 10m shares each
22nd Jun 2009 16:57
There's been heavy buying of investment company Parkmead recently, with bosses keen to snap up stock near historic lows. Non-executive chairman Colin Goodall and non-executive director Thomas Cross both bought 10m shares at 1p each. The £100,000 purchases take former BP man Goodall's stake to 12m
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