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Weakness in the pound has given investors in directories group Yell something to shout about. The shares are up 20% after revenue in the three months to 30 June rose 1.5% to £475.3m from £468.4m a year earlier. On a constant currency basis, however, revenue dipped 10.4%. Shares in Tate & Lyle bou
Read moreThe Footsie's eight day winning streak looks set to become nine days as the blue chip index hit 4,500 again amid more gains for US stocks. On the positive side, miners Fresnillo, Kazakhmys, Vedanta Resources, Rio Tinto, BHP Billiton, ENRC, Xstrata and Lonmin are all among the top ten risers on hope
Read moreThe share price of caterer Compass Group was looking decidedly soggy Thursday morning after a disappointing interim management statement but broker Charles Stanley reckons the share price fall makes the case for purchasing the shares even more compelling. "The share price has reacted adversely to t
Read moreThe Footsie's eight day winning streak is in danger of coming to an end today as utility companies weigh down the blue-chip index after water regulator Ofwat outlined proposals for lower water bills. The water regulator's draft proposals would see the average annual water bill fall by £14 to £330 b
Read morePartygaming's acquisition of online bingo specialist Cashcade has got the thumbs up from brokers but it may be bad news for rival online gaming firm 888. "The deal is negative for 888, as Cashcade is a major client for 888's software and 888 potentially loses this relationship," notes Nick Batram o
Read moreOnline gaming titan PartyGaming has beefed up its bingo offering with the acquisition of Cashcade, owner of some of the UK’s leading bingo web sites. PartyGaming is initially paying £71.9m in cash for Cashcade, with a possible further £24m due depending on the future profit performance of Cashcade.
Read moreFootsie finished just shy of the 4,500 mark after another day of gains as the rally continues. Wm Morrison led the way after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implementation of its cost cutting pla
Read moreLondon kicked on over the lunchtime session, with risers outnumbering fallers by four to one among FTSE 100 constituents. Wm Morrison leads the way after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implement
Read moreRetail stocks dominate proceedings in London following trading updates from Morrisons and Next. Wm Morrison leads the risers in the FTSE 100 after saying it is confident full year results will be ahead of its earlier expectations due to continuing customer growth and the successful implementation o
Read moreShares in William Hill are lower after the bookmaker said its joint venture with online gaming technology firm Playtech, William Hill Online (WHO), is 'making good progress during an extensive integration period and in difficult trading conditions'. Playtech was less sanguine, saying WHO 'is making
Read moreEquities held onto gains despite a lacklustre final session as Wall St struggled to make headway. Mining stocks continue to dominate the list of risers. Silver miner Fresnillo is the best performer after being upgraded to "buy" by Citigroup. In contrast the US bank had downgraded gold miner Rand
Read moreEquities pushed higher over the lunch-time session, boosted by expectations of a firm start on Wall Street. Mining stocks continue to dominate the list of risers. Silver miner Fresnillo is the best performer after being upgraded to "buy" by Citigroup. In contrast the US bank had downgraded gold min
Read moreMining stocks are behind the wheel once again and today they are driving the market higher. Silver miner Fresnillo is the best performer after being upgraded to "buy" by Citigroup. In contrast the US bank had downgraded gold miner Randgold Resources to "hold" from "buy". Elsewhere in the sector An
Read moreMiners are giving London's blue chips a lift in early dealings ahead of the Bank of England's decision on interest rates and the quantitative easing programme later today. Fresnillo is the best performer, up more than 5%, closely followed by Kazakhmys, Anglo American, Vedanta Resources, Antofagasta
Read moreThe late rally yesterday on Wall Street has put traders in a positive frame of mind ahead of the Bank of England's decision today on interest rates and the quantitative easing programme. City sources predict the FTSE 100 will open around 21 points up from the previous close of 4,140. Fund manager
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