Sharecast News
ShareCast News
London pre-open: FTSE set to race past 2007 highs after strong finish in US
City sources predict the FTSE 100 will open up 19 points from Friday's close of 6,723, which would see it jump past 2007 highs of 6,732 after the US Dow Jones and S&P 500 benchmarks reached fresh record closing prices at the end of last week.[Yesterday 07:25]
FirstGroup cancels dividend as Chairman falls on sword
Train and bus operator FirstGroup cancelled its final dividend as it restructured its balance sheet and refinanced after a year in which operating profits halved.[Yesterday 07:11]
MITIE boosted by move into healthcare
MITIE Group, the FTSE 250 facilities, property and energy management firm, met headline profit forecasts with its full-year report on Monday, though statutory results were hit by an increase in one-off items as the company underwent a restructuring and made it first move into the healthcare market.[Yesterday 07:08]
Fatter profits at Cranswick as pork demand grows
Bacon and sausage supplier Cranswick reported a robust set of annual results, as pork consumption in the UK continues to grow, and said it is well placed for future growth.[Yesterday 07:07]
Randgold Resouces enters 200m dollar credit facility
Randgold Resources, the FTSE 100-listed gold miner, has entered into a 200m dollar unsecured revolving credit facility with HSBC and three other banks to be used for general corporate purposes.[Yesterday 07:01]
Monday newspaper round-up: RBS, UK inflation, M&S...
Chancellor George Osborne is expected to face opposition from Treasury civil servants over his plans to sell the government's stake in part-nationalised lender RBS to the public, reports The Times. Senior officials are said to be against the idea, saying that they are over-complex and have raised concerns about the effect on the deficit.[Yesterday 06:47]
FX round-up: Dollar rises on robust US data
The dollar rallied across the board on Friday after data showed a recovery in US consumer sentiment.[Yesterday 06:31]
Commodities: Strong US data boosts oil, gold slides
Crude oil futures settled higher on Friday on increased confidence that the US economy is improving as the latest batch of US economic data came in better than expected.[Yesterday 06:30]
Sunday newspaper round-up: LSE, Severn Trent, Royal Mail
The London Stock Exchange is considering buying a stake in Istanbul's fast-growing stock market as part of a deal that could see Turkish trades settled in the City. Borsa Istanbul has been seeking an international partner to overhaul its technology and improve the market's access to foreign investors for several months. The LSE's proposal would see Borsa Istanbul start to clear its trades through LCH Clearnet, the financial plumbing system now majority-controlled by the LSE.[Sun 17:41]
Sunday share tips: Thomas Cook, Mitchells and Butlers, Lloyds
Thomas Cook still has a long flight ahead of it, but the new Captain at the controls seems to have stabilised the craft. In fact, things now look normal. Above all, the company needs to sharply improve the experience of its customers, quite a challenge. However, the 1.6bn pound capital restructuring announced last week means that the outfit now has a fighting chance. Then there are the upwardly revised cost-savings targets and plans to rationalise its airlines and dealings w[Sun 17:30]
Categories: AIM Bulletin, Broker Recommendations, Commodities, Company News, Dealings and Holdings, Economic News, Foreign Exchange, International News, Market Report, New Issues, News and Announcements, Press Round-Up, Risers and Fallers, Small Cap News, Technical Analysis, Tips Round-Up, Week Ahead.
