Finance house Close Bros said strong growth in its banking division was maintained while challenging trading conditions continued to hurt its securities division, with Winterflood dragged down by low retail investor activity. [23 Jan '13]
City sources predict the FTSE 100 will open up 27 points from yesterday's close of 5,752, tracking gains in the US as sentiment was lifted in the afternoon following reports of a ceasefire deal in the Gaza Strip, announced by US Secretary of State Hillary Clinton and Egyptian Foreign Minister Mohamed Amr. [22 Nov '12]
Close Brothers, the FTSE 250 specialist financial services firm, said it has made a solid start to its financial year though it did highlight a 'challenging' environment in its Securities division. [22 Nov '12]
In the Telegraph, Questor continues to bat for long time favourite, Petra Diamonds. The company has been hit hard by this year's 20% drop in diamond prices and technical problems at its Finsch mine. Petra also has a lot of money to raise to pay for expansion projects. On the plus side, demand for diamonds appears to be increasing and once Petra has got all its capital expenditure over and done with it ought to be able to generate significant profits. There is also the fact th [26 Sep '12]
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