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
29 Oct 2021 16:09

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Read more
15 Oct 2021 17:09

LONDON MARKET CLOSE: Travel and oil stocks send FTSE 100 higher

LONDON MARKET CLOSE: Travel and oil stocks send FTSE 100 higher

Read more
15 Oct 2021 11:07

SMALL-CAP WINNERS & LOSERS: Artemis Alpha rises on buyback plans

SMALL-CAP WINNERS & LOSERS: Artemis Alpha rises on buyback plans

Read more
15 Oct 2021 09:32

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

LONDON BROKER RATINGS: Berenberg upgrades BP and Harbour Energy

Read more
29 Sep 2021 11:01

SMALL-CAP WINNERS & LOSERS: Amigo surges on encouraging trading

SMALL-CAP WINNERS & LOSERS: Amigo surges on encouraging trading

Read more
28 Sep 2021 17:05

LONDON MARKET CLOSE: Inflation jitters hit stocks as oil tops USD80

LONDON MARKET CLOSE: Inflation jitters hit stocks as oil tops USD80

Read more
28 Sep 2021 12:12

LONDON MARKET MIDDAY: Stocks slide as markets brace for US tapering

LONDON MARKET MIDDAY: Stocks slide as markets brace for US tapering

Read more
28 Sep 2021 11:01

SMALL-CAP WINNERS & LOSERS: Go-Ahead skids on UK rail franchise loss

SMALL-CAP WINNERS & LOSERS: Go-Ahead skids on UK rail franchise loss

Read more
28 Sep 2021 09:20

TOP NEWS: Go-Ahead loses Southeastern franchise for "serious breach"

TOP NEWS: Go-Ahead loses Southeastern franchise for "serious breach"

Read more
28 Sep 2021 08:18

LONDON BRIEFING: Petershill Partners raises GBP1 billion in London IPO

LONDON BRIEFING: Petershill Partners raises GBP1 billion in London IPO

Read more
28 Sep 2021 08:09

Go-Ahead loses Southeastern franchise as CFO quits

(Sharecast News) - Go-Ahead has lost the Southeastern rail franchise, repaid the government £25m owed under the contract and parted company with its finance chief.

Read more
28 Sep 2021 08:09

Go-Ahead loses Southeastern franchise as CFO quits

(Sharecast News) - Go-Ahead has lost the Southeastern rail franchise, repaid the government £25m owed under the contract and parted company with its finance chief.

Read more
28 Sep 2021 07:30

UPDATE 1-UK seizes control of Go-Ahead's Southeastern rail franchise

(Adds UK statement)LONDON, Sept 28 (Reuters) - Britain said on Tuesday it would seize control of Go-Ahead Group's Southeastern rail franchise after the transport company admitted errors had been made which required a $34 million repayment to the g...

Read more
28 Sep 2021 07:12

UK to take control of Go-Ahead's Southeastern rail franchise

LONDON, Sept 28 (Reuters) - Go-Ahead Group said on Tuesday the government had decided to take control of its Southeastern rail franchise after the British transport group admitted it had made errors and repaid 25 million pounds ($34 million) over...

Read more
27 Sep 2021 10:33

SMALL-CAP WINNERS & LOSERS: Petrofac rally continues after guilty plea

SMALL-CAP WINNERS & LOSERS: Petrofac rally continues after guilty plea

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.