The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksGOG.L Share News (GOG)

  • There is currently no data for GOG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Traders sit tight ahead of US jobs figures

Fri, 03rd Jun 2011 12:23

Stocks are pausing for breath following some big losses lately, with traders now looking ahead to US jobs data due later this afternoon.With summer approaching, advertising giant WPP, the top riser in the FTSE 100 today, has decided the time is right to go for a Brazilian, and has acquired a 70% stake in Grïngo Publicidade, a leading digital agency in Brazil.Oil firm Cairn Energy has got cracking on its West Greenland offshore drilling campaign, with drilling commenced on two wells.Toy train maker Hornby steams ahead. It saw sales fall in the year to 31 March, but blamed this on supply issues rather than the tough economic outlook and said it the business is in "great shape." Sales slipped to £63.4m from £63.9m the previous year, while pre-tax profits fell to £4.1m from £5.7m.Turning to the real thing, there are some interesting movements in the rail and bus sector this morning. Go-Ahead and Stagecoach, which have been initiated with an "overweight" rating by JP Morgan, are posting gains, but National Express, slapped with an "underweight" tag by the broker, is firmly in the red. JP Morgan likes Stagecoach's exposure to buses and Go-Ahead's southeast England focus.Fashion and homewares retailer Laura Ashley said UK sales fell 4.5% in the 17 weeks to 28 May 2011 as it closed more unprofitable stores and expects to post full year results in line with expectations. The retailer, known for its floral style, said like-for-like sales fell 1.3% while total UK sales for the first 17 weeks of the current financial year fell by 4.5%. Platinum miners Aquarius and Sylvania are joining forces to test the feasibility of extracting and processing ore from an area in South Africa. The two companies are establishing a feasibility committee to examine and update an existing study on the potential for processing platinum group metals at Sylvania's Everest North processing area in the eastern limb of South Africa's Bushvelt complex, the source of most of the world's platinum. Tantalum miner Noventa, whose shares dived yesterday when it reported that problems with funding and other issues mean it will not meet its production targets, says it will need to raise £15.3m to bring its Marropino mine in Mozambique into full production. The shares are lower again.Shares of video equipment firm Scotty tanked 14% after it posted a pre-tax loss for the 17 months to 31 December 2011. The group reported a pre-tax loss of £2.4m after an exceptional impairment charge compared to a profit of £0.5m. Operating profit fell to £166,000 from £490,000 in 2009. Revenue slumped to £4.9m from £7.1m previously.FTSE 100 - RisersAutonomy Corporation (AU.) 1,812.00p +3.25%Vodafone Group (VOD) 163.35p +1.55%Johnson Matthey (JMAT) 2,043.00p +1.49%British Land Co (BLND) 590.00p +1.46%Resolution Ltd. (RSL) 303.40p +1.44%Hammerson (HMSO) 479.30p +1.18%Antofagasta (ANTO) 1,284.00p +1.18%WPP (WPP) 738.00p +0.82%Land Securities Group (LAND) 837.50p +0.78%G4S (GFS) 292.70p +0.76%FTSE 100 - FallersSerco Group (SRP) 586.50p -1.84%Fresnillo (FRES) 1,405.00p -1.61%Severn Trent (SVT) 1,477.00p -1.07%Rio Tinto (RIO) 4,100.00p -1.03%Royal Bank of Scotland Group (RBS) 41.33p -1.03%International Consolidated Airlines Group SA (IAG) 232.10p -1.02%Lloyds Banking Group (LLOY) 48.04p -0.95%TUI Travel (TT.) 228.00p -0.91%Schroders (Non-Voting) (SDRC) 1,316.00p -0.90%BT Group (BT.A) 197.90p -0.80%FTSE 250 - RisersCable & Wireless Worldwide (CW.) 54.05p +4.85%Stagecoach Group (SGC) 248.00p +3.29%Berendsen (BRSN) 503.50p +2.23%Dixons Retail (DXNS) 18.53p +2.15%Renishaw (RSW) 1,784.00p +2.12%St James's Place (STJ) 345.30p +2.10%Chemring Group (CHG) 672.00p +2.05%Cranswick (CWK) 780.50p +1.96%Go-Ahead Group (GOG) 1,489.00p +1.92%Fidelity China Special Situations (FCSS) 104.40p +1.85%FTSE 250 - FallersIntermediate Capital Group (ICP) 325.20p -5.74%Redrow (RDW) 119.30p -2.93%Sports Direct International (SPD) 228.70p -2.31%Enterprise Inns (ETI) 78.25p -1.94%Unite Group (UTG) 217.40p -1.54%Kesa Electricals (KESA) 147.00p -1.47%Melrose (MRO) 336.20p -1.35%Avis Europe (AVE) 184.00p -1.34%Ferrexpo (FXPO) 443.70p -1.31%EnQuest (ENQ) 130.20p -1.29%
More News
13 Jun 2022 10:00

TOP NEWS: Go-Ahead latest UK transport firm to receive bid interest

(Alliance News) - Go-Ahead Group PLC on Monday said it has received two takeover proposals at terms it "would be minded to recommend" should a firm offer materialise.

Read more
13 Jun 2022 09:44

Go-Ahead surges after two takeover approaches

(Sharecast News) - Go-Ahead surged on Monday after the transport operator said it had received two separate takeover approaches at a price it would be minded to recommend if offers were made.

Read more
11 May 2022 10:27

LONDON BROKER RATINGS: Goldman raises Watches of Switzerland to 'buy'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
28 Apr 2022 12:01

Premier Inn owner Whitbread resumes dividend as UK recovery builds

April 28 (Reuters) - Premier Inn owner Whitbread resumed dividends on Thursday and said profit at its UK business could return to pre-pandemic levels this year despite inflationary pressures.

Read more
27 Apr 2022 15:58

FTSE 100 rises on gains in miners, strong earnings; Aveva slumps

April 27 (Reuters) - London's FTSE 100 edged up on Wednesday, driven by gains in miners and strong corporate updates, although a fall in cyclical stocks and industrial software company Aveva Group capped its rise.

Read more
27 Apr 2022 11:44

IN BRIEF: Go-Ahead posts lower interim profit; to reinstate dividends

Go-Ahead Group PLC - Newcastle, England-based public transport operator - Reports a slightly lower pretax interim profit. Pretax profit for the half-year ended January 1 falls to GBP50.1 million from GBP50.3 million a year ago. Revenue shrinks by 13% to GBP1.80 billion from GBP2.01 billion.

Read more
26 Apr 2022 17:01

LONDON MARKET CLOSE: Stocks mixed as dour US open sours sentiment

(Alliance News) - Stocks in London ended mixed on Tuesday as earlier gains faded after US equity markets fell sharply at the open, while heavyweight oil majors helped keep the FTSE 100 in the green.

Read more
26 Apr 2022 11:04

SMALL-CAP WINNERS & LOSERS: National Express lifts transport providers

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Tuesday.

Read more
13 Apr 2022 10:03

LONDON BROKER RATINGS: Deutsche cuts Ferguson; JPMorgan low on LandSec

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

Read more
12 Apr 2022 15:28

UK accounting watchdog investigating Deloitte over Go-Ahead audits

(Alliance News) - Accountancy giant Deloitte LLP is being investigated by the industry watchdog over its audits for scandal-hit bus and train group Go-Ahead Group PLC.

Read more
12 Apr 2022 10:11

LONDON BROKER RATINGS: JPMorgan lowers Rolls-Royce; UBS likes Ryanair

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
12 Apr 2022 08:02

LONDON MARKET PRE-OPEN: UK jobless rate dips; US inflation ahead

(Alliance News) - Stocks in London are set to open lower on Tuesday, following Monday's rout on Wall Street, as investors remain concerned about rising inflation and how central banks will respond.

Read more
12 Apr 2022 07:55

FRC to probe Deloitte over Go-Ahead audits

(Sharecast News) - Britain's accounting watchdog has started a probe into Deloitte over its auditing of troubled bus and rail operator Go-Ahead.

Read more
5 Apr 2022 16:32

FTSE 100 rises on healthcare, utilities boost

April 5 (Reuters) - London's FTSE 100 index edged higher on Tuesday powered by healthcare and utility stocks, while investors closely tracked the prospect of more Western sanctions against Russia over the war in Ukraine.

Read more
5 Apr 2022 12:07

LONDON MARKET MIDDAY: Stocks ease as EU mulls more Russia sanctions

(Alliance News) - Stocks in London were mostly lower at midday on Tuesday as the West considered further sanctions against major crude producer Russia in response to killings in the Ukrainian town of Bucha.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.