17 Sep 2014 05:19
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Don't have an account? Click here to register.Sector movers: RBS drags leads banks lower
Tue, 08th Dec 2009 14:55
Royal Bank of Scotland is leading the banking sector lower.Trading in the state-controlled bank briefly stopped trading and it went into 'auction' as the price tumbled below 30p, though it has since recovered a little.The auction process is used when a company's share price falls, or rises too quickly in a short space of time. It is used to smooth out these falls and rises and make trading more orderly.Rumours that a bank tax in some form could accompany tomorrow's pre-Budget statement have unsettled the shares all week as have reports over its exposure to Dubai, and talk that the board may resign if a bonus cap is forced on the bank. All have resurfaced today.The media sector is one of the few risers, even though DQE, the animation, gaming and entertainment group, which has won an exclusive deal with Australian Broadcasting Corporation for the broadcasting of 52 episodes of the animated series of 'The Jungle Book' and a 60 minute TV Feature, is lower.Advertising group WPP and FT publisher Pearson are among the stocks lifting the sector higher.Top performing sectors so far todayMedia 3,249.40 +0.27%Technology Hardware & Equipment 332.96 +0.19%Bottom performing sectors so far todayIndustrial Engineering 3,743.26 -3.50%Automobiles & Parts 2,515.76 -3.41%Banks 4,666.13 -3.09%Forestry & Paper 3,601.94 -3.07%Life Insurance 3,758.85 -2.90%
More News
16 Sep 2014 15:12
16 Sep 2014 05:26
15 Sep 2014 15:12
5 Aug 2014 12:06
2 Jun 2014 13:01
DQ Entertainment in refinancing talks amid bad debts
Cartoon producer and distributor DQ Entertainment is in talks to refinance the business after earmarking 230m Indian rupees (£2.3m) for bad debts, undermining its shares. Hyderabad, India-based DQ said debtors were not repaying money owed as quickly as expected, which had put pressure on its cash f
Read more2 Jun 2014 11:02
UK MIDDAY BRIEFING: Glaxo In Collaboration On Cancer Drugs
LONDON (Alliance News) - GlaxoSmithKline has signed a collaboration and licensing agreement with UK-based biotechnology company Adaptimmune Ltd for its cancer programme, a move that comes just weeks after it agreed to sell its own cancer drug business to Novartis as part of a
Read more2 Jun 2014 10:39
UK WINNERS & LOSERS: Miners Jump On Upbeat Chinese Data
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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Anglo American, up 1.9%, Rio Tinto, up 1.7%, Glencore, up 1.4
2 Jun 2014 08:50
DQ Entertainment Profit Up, But Order Book Drops
LONDON (Alliance News) - DQ Entertainment PLC Monday reported higher profit for its last financial year as revenue was lifted by distribution deals as the company tapped new markets in Latin America, Africa, South East Asia and the Middle East. However, the company also reported provisions
Read more6 May 2014 11:14
DQ Entertainment Rises After It Wins Deals At Key Industry Event
LONDON (Alliance News) - DQ Entertainment PLC Tuesday said it had won TV co-production and licensing deals worth about USD48 million at the MIPTV industry event in April. In a statement, the company said about USD12.8 million of the total won is expected to be booked this year and next, sub
Read more17 Feb 2014 12:59
DQ's Indian Subsidiary Sees Pretax Profit Rise Despite Revenue Decline
LONDON (Alliance News) - DQ Entertainment PLC's Indian subsidiary Monday saw pretax profit rise despite declines in revenue in the nine months ended December 31 2013. DQE India, which is 75% owned by DQ Entertainment, posted revenue of USD23.03 million, down from USD23.53 million in the pre
Read more20 Jan 2014 08:51
DQ Entertainment Investment Combines With Two Other Production Companies
LONDON (Alliance News) - DQ Entertainment PLC Monday said Method Animation, in which it has a 20% equity stake, is reorganising, joining with two other French entertainment companies under a single holding company. Under the reorganisation, animation and film production company Method has j
Read more