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LONDON (Dow Jones)--More than eight out of ten U.K. mid-capitalization companies expect an increase in profit over the next two years, driven largely by new products, services and technology, a report by business services firm Ernst & Young L.L.P. said Monday. U.K. mid caps plan to spend an esti
Read moreFootsie closed just a few points in the blue after an unusually sluggish day, even for a Monday. In the absence of any blockbusting company news much of the share price activity has been generated by newspaper or broker comment. Antofagasta was one of many laggards in a soft mining sector after
Read moreTraders who stuck to their dealing screens over the lunchtime session were left wondering why they bothered as they market remained as quiet and as uneventful as it had been in the morning session. In the absence of any blockbusting company news much of the share price activity has been generated b
Read moreHopes that news of the rescue package for Greece would give renewed impetus to London's advance are proving unfounded, as the Footsie is weighed down by weak miners. Xstrata leads the mining sector lower, with ENRC and Antofagasta not far behind. The last mentioned was recently downgraded to 'hold'
Read moreLondon's top stocks have made a good start to the new week on news that euro zone finance ministers have approved a €30bn emergency aid package for debt-stricken Greece. Under the terms of the deal, Greece would receive the potential aid via a three-year loan with an interest rate of around 5%, wel
Read moreOnline market research firm YouGov has taken a break from providing updates on the electorate's voting intentions on the UK general election and released in line interim results. Group revenue from continuing operations in the six months to the end of January 2009 eased to £21.29m from £22.57m in t
Read moreInstitutional investor Fidelity has sold its stake in online market research firm You Gov. BlackRock has taken its stake above 5%, while JO Hambro added 4m shares to its holding taking it to 10.6%. Financial adviser T Rowe Price bought 1.2m shares taking its stake to 6.06%. You Gov fell into los
Read moreSome economists have suggested that India's growth may outstrip that in China over the next few years, as major exporting countries are still hampered by the slowdown in global trade. JP Morgan India Investment Trust's latest net asset value per share, on a fully-diluted basis, is 387.17p a share a
Read moreUK share prices finished at their best levels in over a year Monday and, despite a few sellers appearing late on, the FTSE 100 ended the session above 5,200. Insurers Old Mutual, Standard Life and Legal & General were in demand all day. Rising stock markets are always good news for their investment
Read moreThe Footsie crashed through the 5200 barrier this morning to rise to a one-year high and although prices came off the top over the lunch-time session, the vast majority of blue-chips are still in the blue. The upward trend in global equity markets is good news for the insurers and their investment
Read moreLondon's blue chips hit their best level since September last year as buyers charged in again following the strong performance on Wall Street last week. There are strong risers in most sectors with the notable exception of banks where Barclays and Lloyds Banking are both lower. Banking giant Barcl
Read moreLondon has made a bright start helped by the strong finish to last week on Wall Street. Index heavyweight Vodafone is ahead along with Unilever, Shire and Segro as buyers dominate. Only Invensys and Randgold Resources are significantly in the red. Banking giant Barclays is lower despite reports it
Read moreLondon is expected to get the week off to a bright start, with traders predicting the FTSE 100 will open around 22 points higher, but early attention is likely to be dominated by board room turmoil in two second-liners. The long running soap opera revolving around the chairman role at TV broadcaste
Read moreMarket researcher and polling group YouGov fell into losses in the year to July 31, but said it was winning market share. While turnover was up by 10% from the previous year to £44.3m, the firm posted a pre-tax loss of £700,000 compared with £4m over the same period the previous year. Revenues wer
Read moreMarket researcher YouGov's trading has met expectations recently despite continuing difficult trading environment experienced by the entire marketing services sector. "The company has begun to see the benefits of the increased focus on its key growth areas of business as well as the cost reduction
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