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Thursday tips round-up: Thomas Cook, Wolseley
27 Nov 2014

Thursday tips round-up: Thomas Cook, Wolseley

Thomas Cook reported a pre-tax loss of Β£114m yesterday, which markets had been expecting to turn into a pre-tax profit of Β£270m next year. Yet investo...

FTSE 100 movers: Mining and telecom stocks on the rise
26 Nov 2014

FTSE 100 movers: Mining and telecom stocks on the rise

MIning stocks were leading the risers on the FTSE 100 on Wednesday, rebounding after recent declines. Antofagasta topped the list, rising 3.7%, with p...

London midday: Mining stocks and telecoms M&A give FTSE a lift
26 Nov 2014

London midday: Mining stocks and telecoms M&A give FTSE a lift

Decent gains from miners and M&A speculation in the telecoms sector gave UK stocks a boost on Wednesday, along with data which confirmed that the Brit...

UPDATE 1-Wolseley aims for underlying revenue growth of 5 pct
26 Nov 2014

UPDATE 1-Wolseley aims for underlying revenue growth of 5 pct

* No "weak spots at all" in U.S. business * Conditions in UK, Nordic region to improve slightly (Adds CFO quotes, details, analyst comments) By Li-m...

London open: UK stocks rise ahead of GDP data, but Thomas Cook sinks
26 Nov 2014

London open: UK stocks rise ahead of GDP data, but Thomas Cook sinks

UK stocks advanced on Wednesday as investors adopted an optimistic approach ahead of gross domestic product (GDP) figures in the UK. London's FTSE 100...

London pre-open: UK stocks to rise, Thomas Cook CEO departs
26 Nov 2014

London pre-open: UK stocks to rise, Thomas Cook CEO departs

Gains on Asian markets overnight are expected to feed into a higher open for stocks across Europe as investors await gross domestic product (GDP) figu...

Wolseley Q1 profit rise on strong U.S., UK trading
26 Nov 2014

Wolseley Q1 profit rise on strong U.S., UK trading

LONDON, Nov 26 (Reuters) - British plumbing supplies group Wolseley posted a 13 percent rise in underlying trading profit in the first quarter of its ...

Wolseley revenue rises in Q3 but gross margins remain under pressure
26 Nov 2014

Wolseley revenue rises in Q3 but gross margins remain under pressure

Weak market conditions throughout Europe put gross margins under pressure at plumbing and heating products distributor Wolseley. In the three months t...