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The FTSE 100 has advanced further following a good start, even as the overseas worries that have been hitting shares continue. The yen rose to a record high against the dollar on Wednesday in intense trade as investors become increasingly worried about Japan's nuclear crisis. The Foreign Office is
Read moreShares are making modest gains as investors pause for breath following heavy losses lately amid unsettling developments in Japan and the Arab World. There were more losses in Tokyo as worries over radiation from the damaged Fukushima Daiichi reactors. Miners are going strong, with Xstrata leading t
Read moreImagination's update has failed to impress the market. The chip designer is building up its war chest to fund an acquisition spree, starting with HelloSoft, a US voice over internet protocol (VOIP) operator. Imagination is paying a maximum of $47m for Hellosoft, a company that has technology paten
Read moreHousebuilder and contractor Kier is ahead after saying full year underlying profit before tax will be towards the upper end of current market expectations and ahead of last year. The reduction in the Building Schools for the Future programme, announced by the new government, will not have a materia
Read moreRightmove managing director and founder Ed Williams's wife has bought back some of the shares he sold prior to the emergency budget. Williams's wife Joanna Barkwill has paid just short of £500,000 to buy 75,964 shares in the estate agency at 653.62p each. That is a lot less than the £8m Williams r
Read more1118 GMT [Dow Jones] Investec Securities cuts Signet Jewelers (SIG.LN) price target to 2350p from 2475p to reflect sector de-rating in the US. Signet's 1Q results were far stronger than the brokerage and the market had expected. Signet remains "one of the best managed companies within our coverage u
Read moreStocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, markets.eu@dowjones.com Contact us in London. +44-20-7842-9464 Markettalk.eu@dowjones.com 1118 GMT [Dow Jones] Investec Securities cuts Signet Jewelers (SIG.LN) price target to 2350p from 2475p to reflect sector
Read moreJewellery retailer Signet has appointed Ronald Ristau as chief financial officer with effect from 26 June. Ristau will join Signet on 15 April as chief financial officer designate and will be based in Akron, Ohio. He succeeds Walker Boyd who retires, as previously announced, in June. Chief exec
Read moreFootsie is expected to slip back even after the Dow Jones in the US closed at an 18-month high. Bakery and sandwich chain Greggs saw full-year profits come in slightly better than expected and said it is well placed to achieve a year of further progress in 2010. Pre-tax profit came to £48.8m the 53
Read moreLillian Tan, chief executive of Laura Ashley, has added 150,000 shares to her shareholding taking it to 500,000 shares - equivalent to 0.07%. Tan spent £20,130 on the shares in the clothing and home furnishings retailer, which cost 13.42p each. UK retail sales were 8.8% ahead in the 19 weeks to
Read moreJeweller Signet posted a 5.6% rise in like for like sales in the nine weeks to January 2 as a sparkling performance in the US offset lacklustre trading in the UK. The US division saw like-for-like sales growth of 7.6%, compared with a 0.8% fall in the UK where it trades as H Samuel and Ernest Jones
Read moreBuilding products group SIG said that, while volumes have continued falling, there are early signs of a slowing of the rate of decline in some markets. Turnover has fallen by 16.5% so far this year on a constant currency basis and by 15% since July 1, the firm said. In the UK, which accounts for a
Read moreJewellery retailer Signet reported improved sales in the third quarter but warned that the outlook remains 'very uncertain'. The group reported a 1.9% drop in same store sales in the 13 weeks ended October. Total sales were down 2.5% on a reported basis to $613.6m. US same store sales were down 2.
Read moreThe chief executive and two directors of Brooks Macdonald have sold a total of 80,000 shares in the asset management and financial advisory group, a week after it reported better-than-expected full-year results. Founding director Richard Spencer sold 30,000 shares at 385.60p, netting £115,680, whil
Read moreNew Sainsbury's chairman David Tyler wasted no time in opening his account, snapping up £167,000 of shares in the supermarket chain today. The former finance boss of GUS, who joins the board at the start of next month and becomes chairman on 1 November, paid 334.3p each for 50,000 shares. Tyler ta
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