Roundtable Discussion; The Future of Mineral Sands. Watch the video 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 open: Stocks slip after Bernanke caution

Thu, 23rd Jun 2011 08:32

Shares are in the red after the US Federal Reserve's more cautious stance last night on the growth prospects of the world's biggest economy.Asset manager The Carlyle Group is to buy roadside assistance provider RAC from insurance giant Aviva, a riser today, for one billion pounds. The transaction values RAC, the UK's second largest driver-membership scheme provider, at 17 times 2010 net earnings, Aviva said.Recycled packaging firm DS Smith is in demand after it overcame a sharp rise in input costs to grow pre-tax profits by 86% last year. Profit before tax in the year to 30 April rose to £102.2m from £55.0m the year before, on sales that rose 19.5% to £2,474.5m from £2,070.6m. With the effects of the recent acquisition of Otor stripped out, sales rose 10.0% year-on-year.Train and bus operator Go-Ahead is in the fast lane after saying it expects to post a full-year profit ahead of expectations as high petrol prices and tough economic conditions prompt drivers to abandon their cars in favour of public transport.Currys and PC World owner Dixons is down after it saw underlying profit before tax dip to £85.3m in the year to end-April from £90.0m the year before. The group said it is increasing market share across most of its markets and sectors, especially in the UK and the Nordic countries.Military decoy flare and mine detection firm Chemring is under heavy attack even after it managed to post a sharp rise in sales and profits in the half-year to 30 April despite constraints on military spending in Britain and the US. Revenues climbed by 29% from the previous year to £329.8m, while underlying pre-tax profits were up by 17% at £49.6m. Software group Micro Focus is in the red after the company's underlying earnings coming in below the guidance range issued at the time of the company's February profits warning. Adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) fell to $158.7m in the year to 30 April, down 8.4% from the $173.3m achieved the year before. The group had indicated in February that underlying earnings would be in a range running from $159m to $167m. FTSE 100 - RisersSainsbury (J) (SBRY) 329.10p +0.98%Aviva (AV.) 433.30p +0.96%British Sky Broadcasting Group (BSY) 836.50p +0.72%Compass Group (CPG) 598.50p +0.50%BP (BP.) 446.05p +0.18%Shire Plc (SHP) 1,850.00p +0.16%HSBC Holdings (HSBA) 605.90p +0.05%GlaxoSmithKline (GSK) 1,281.50p +0.04%Randgold Resources Ltd. (RRS) 4,930.00p +0.04%Smiths Group (SMIN) 1,107.00p 0.00%FTSE 100 - FallersLloyds Banking Group (LLOY) 45.72p -2.73%Royal Bank of Scotland Group (RBS) 37.62p -2.66%Barclays (BARC) 247.10p -2.06%Vedanta Resources (VED) 1,927.00p -2.03%Man Group (EMG) 237.20p -1.90%Inmarsat (ISAT) 571.00p -1.81%Severn Trent (SVT) 1,378.00p -1.43%Centrica (CNA) 322.70p -1.38%Prudential (PRU) 700.50p -1.34%Carnival (CCL) 2,287.00p -1.34%FTSE 250 - RisersDS Smith (SMDS) 223.90p +4.82%Carpetright (CPR) 711.50p +2.15%Daejan Holdings (DJAN) 2,800.00p +1.82%Euromoney Institutional Investor (ERM) 645.00p +1.34%Henderson Group (HGG) 146.80p +1.17%Misys (MSY) 414.90p +1.10%Keller Group (KLR) 451.40p +0.94%Grainger (GRI) 122.70p +0.90%Stagecoach Group (SGC) 247.40p +0.65%Kenmare Resources (KMR) 53.80p +0.56%FTSE 250 - FallersChemring Group (CHG) 570.50p -10.44%Imagination Technologies Group (IMG) 398.30p -3.91%Micro Focus International Plc (MCRO) 343.00p -3.11%Ocado Group (OCDO) 189.30p -3.02%Halma (HLMA) 390.90p -2.25%Dixons Retail (DXNS) 16.16p -2.24%St. Modwen Properties (SMP) 180.00p -2.17%Barratt Developments (BDEV) 108.20p -2.17%Redrow (RDW) 115.10p -1.96%Unite Group (UTG) 209.90p -1.82%
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.