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Corporate newsflow and resurgent miners sent Footsie to within a whisker of its highest close this year. Investors piled into blue chips after a string of household names reported earnings this morning. Triple-digit gains for the Dow added to the upward momentum in the afternoon. Telecoms giant
Read moreCorporate news-flow and resurgent miners are driving Footsie higher today, with the benchmark index adding to its gains over the lunch-time session. Telecoms giant BT racked up a double-digit percentage gain in the morning after quarterly figures that were not as bad as feared. EBITDA (earnings b
Read moreElectrical component maker E2V fell Thursday as it said sales since the start of the financial year are down on last year, with the medical business finding it tough. It added that trading remains challenging and it is talking to its financial advisors about the "most appropriate long term capital
Read moreFootsie has broken through the 4,600 barrier, helped by well received results from index heavyweight BT and strong demand for miners. Telecoms giant BT racked up a double-digit percentage gain in the morning after quarterly figures that were not as bad as feared. EBITDA (earnings before interest, t
Read moreCake and bread maker Finsbury Food has cooked up an 8% increase in revenue for the year to 30 June 2009, 5% of which it attributed to acquisitions. The firm's cake division, its largest, saw sales rise 2% in absolute terms, but remain flat on a like for like basis. The smaller Bread & Free From uni
Read moreShares in E2V plunged after the electrical component maker posted a 13% drop in annual pre-tax profit as markets became increasingly challenging in the fourth quarter. Adjusted profit before tax fell to £20.4m for the year ended 31 March 2009. Sales were up 14%, due to the benefit of acquisition a
Read moreElectrical component maker E2V posted a 13% drop in annual pre-tax profit as markets became increasingly challenging in the fourth quarter. Adjusted profit before tax fell to £20.4m for the year ended 31 March 2009. Sales were up 14%, due to the benefit of acquisition and FX movements to £233.2m.
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