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8 Aug 2012 15:53

FTSE 250 movers: Ex-divi Greene King is biggest faller

Greene King was a big faller after going ex-dividend, meaning investors no longer have the right to the group's latest dividend. Recent updates from Aquarius Platinum have been increasingly gloomy about the difficulties of operating in South Africa so it was no surprise when the platinum miner ann

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8 Aug 2012 14:58

Aquarius battens down hatches

There's an old joke about an Irishman being asked for directions, and he replies: 'Well, I wouldn't start from here.' You get the impression from Aquarius Platinum that, given its time over again, it would not choose to conduct its business in South Africa. In the last year the group has had to mot

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8 Aug 2012 11:46

London midday: Sentiment dampened by BoE and Greece

- ECB optimism fades - S and P cuts Greek outlook to 'negative' - BoE slashes growth forecast The Footsie remained firmly in the red on Wednesday morning as optimism earlier this week about the situation in Europe began to fade, particularly as Greece's credit rating outlook was lowered by Standard

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8 Aug 2012 07:34

London pre-open: Falls expected ahead of inflation report

City sources predict the FTSE 100 will open down 35 points from yesterday's close of 5,841, putting an end to a two-week rally, although some analysts believe the falls could be short-lived after comments made yesterday by Boston Fed Bank President Eric Rosengren, who said he believes the central ba

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8 Aug 2012 07:30

Aquarius slides into the red

Recent updates from Aquarius Platinum have been increasingly gloomy about the difficulties of operating in South Africa so it was no surprise when the platinum miner announced it had fallen into the red. Loss before tax in the 12 months to the end of June was $189.0m versus a profit of $25.4m the y

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3 Aug 2012 09:57

Week Ahead: Capital return expected at IHG

Holiday Inns owner InterContinental Hotels (IHG) hit the headlines late last month after a probe by the Office of Fair Trading investigation raised concerns about the group's relations with two online travel agents. Tuesday's interim results from IHG should bring happier news, with broker Jefferie

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1 Aug 2012 16:30

London close: Stocks higher despite remarks from German minister

UK investors were in the mood to accentuate the positive on Wednesday, focusing on some solid trading updates and shrugging off disappointing manufacturing data. UK manufacturing production fell at its fastest pace in over two years in July, recording substantial declines in output and new orders.

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1 Aug 2012 16:29

Aquarius suspends Kwezi ops after armed attack

Aquarius Platinum has reported that a 'very serious security incident' occurred early on Wednesday afternoon at its Kwezi shaft, a production unit at Kroondal, near to Rustenburg in the North West Province, leaving three dead and at least 20 injured. Operations at Kwezi shaft were immediately susp

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23 Jul 2012 17:17

London close: Footsie drops two per cent on Eurozone fears

- Footsie near one-month low - Spanish regions ask for aid; bond yields surge - Evraz leads the Footsie lower Indices across Europe and the US tanked on Monday, with the FTSE 100 finishing near a one-month low, as Eurozone debt concerns spread fear across equity markets. The Footsie dropped 2.09%

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23 Jul 2012 15:23

FTSE 250 movers: Dialight rises on profits

LED lighting group Dialight was a rare high riser after seeing revenues climb 18.2 per cent and operating profits rise 21 per cent in the half year ended June 30th. ??In contrast, mining stocks were firmly lower, in line with their FTSE 100 counterparts, with Aquarius Platinum among the fallers af

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23 Jul 2012 11:42

London midday: Footsie drops nearly 100 points on euro fears

- Spanish and Greek concerns weigh on stocks - Spanish yields continue to soar - Chinese policy-maker warns of slowing growth Concerns about Spain's financial health and renewed speculation about a Greek exit from the Eurozone sank European markets on Monday morning, prompting US stock futures to t

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23 Jul 2012 09:07

Aquarius Platinum warns about upcoming strikes

The boss of Aquarius Platinum has warned his firm is likely to be hit by strikes over the South African winter. In a production update the Chief Executive, Stuart Murray, said that "the likelihood of industrial action [...] is high, largely as a result of inter-union rivalries. "Aquarius is by no

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23 Jul 2012 08:25

London open: Markets drop on Eurozone debt concerns

- Banks and miners dent the Footsie - Eurozone concerns dampen sentiment - Spanish 10-year bond yield at 7.556 per cent European stocks dropped sharply on Monday morning as concerns about the Eurozone debt crisis provoked fear on equity markets. London's Footsie lost 1.5% of its value in the openi

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13 Jul 2012 08:20

London open: Chinese data provides a lift early on

- Chinese GDP beats forecasts - Moody's downgrades Italy - Mining stocks gain on improved demand outlook Burberry and the miners were performing well on Friday morning after growth data from China came in above expectations, easing concerns about a 'hard landing' for the world's second-largest econ

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12 Jul 2012 10:06

Broker snap: Credit Suisse downgrades BHP, cuts targets for miners

Credit Suisse has revised its target prices across the mining sector lower after cutting its commodity price estimates; as part of this review, the broker has downgraded its rating for BHP Billiton. The broker said that decelerating global growth and falling risk appetite have taken their toll on c

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