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While the FTSE 100 is becalmed most of the action is taking place in the FTSE 250 today, where a mixed bag of announcements has prompted varied share price reactions. Electronic components distributor Premier Farnell powered ahead after reporting full year sales and underlying profits for fiscal 20
Read moreLondon's top stocks have slipped back in early dealings on Thursday, with banks leading the index lower. Lloyds Banking, Barclays and Royal Bank of Scotland are the three worst performers on the Footsie, closely followed by HSBC. Bakery and sandwich chain Greggs saw full-year profits come in sligh
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 moreThings started looking up for estate agent Savills in the second half of 2009, particularly in the Asia Pacific region and in the UK residential market. The company’s revenue eased to £560.7m in 2009 from £568.5m in 2008, with all business activities showing a decline except for Property Management
Read moreA strong start to the year on Wall Street gave London a boost, prompting the blue-chip index to finish at its highest point for the day. Part-nationalised lender Royal Bank of Scotland's led the advance after Exane BNP Paribas suggested that 'fundamental (rather than purely speculative) investor in
Read moreShares added to the morning's gains over the lunchtime session, as investors correctly predicted a firm opening on Wall Street. The sale of Royal Bank of Scotland's Pakistan unit has fallen through after the deal failed to get the necessary regulatory approvals and complete before the 31 December d
Read moreLeading shares moved into consolidation mode late in the morning session, with resource stocks the best performers. Cairn Energy remains the top gainer on news that the oil explorer has secured a second drilling rig to assist its exploration programme in the Disko West area offshore Greenland in th
Read moreSavills, the upmarket property company, produced a reverse profits warning yesterday, saying its earnings would be appreciably ahead of expectations. Notwithstanding 50 % top rates and supertaxes on bankers' bonuses, it seems the top end of the property market is holding up rather nicely. The share
Read moreBanks sank on a call for tougher capital requirements and coupled with a weak mining sector it meant a poor day in London. Lloyds Banking took a pasting, while Standard Chartered and Barclays were also among the worst performers. The Basel Committee of central bankers and supervisors called for st
Read moreFootsie remains deep in negative territory, and with US markets set to open lower, there is no prospect of a boost from Wall Street. Banks and miners are responsible for much of the blue-chip index's fall. Lloyds Banking is leading the fallers, while Standard Chartered and Barclays are also among t
Read moreEstate agent Savills is one of the top risers after saying it expects underlying performance for 2009 to be significantly ahead of its previous forecasts. However, it remains cautious about the sustainability of the current performance of UK residential and Asia Pacific transaction markets in 2010.
Read moreFalls across the board for the heavyweight bank and mining sectors are keeping Footsie firmly in the red. Lloyds Banking is leading the blue chip fallers, while Standard Chartered and Barclays are also among the worst performers. Among the miners, Antofagasta, Eurasian Natural Resources and Xstrat
Read moreWeak miners and banking shares are leading London's top stocks lower in early dealings on Thursday. UK shares were expected to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay
Read moreUK shares looks set to start the session in the red after Wall Street fell following the latest Federal Reserve rate decision and stimulus update. The central bank said interest rates would stay low for some time, although it upgraded its estimate for the US economy and will continue to rein back s
Read moreEstate agent Savills expects its underlying performance for 2009 to be significantly ahead of its previous forecasts but said it remains cautious about the sustainability of the current performance of UK residential and Asia Pacific transaction markets in 2010. In recent weeks, the group said it ha
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