Tuesday 23 Oct 2012
Investec has retained its bearish view of Costa and Premier Inn owner Whitbread after first-half results missed forecasts and a disappointing outlook for the remainder of the year.
Tuesday 23 Oct 2012
Corporate earnings in the spotlight; Spain weighs on sentiment as Moody's downgrades five regions; Whitbread disappoints, ARM in demand.
Tuesday 23 Oct 2012
David Price, the Chief Executive Officer (CEO) of FTSE 250 defence group Chemring has resigned with immediate effect, the company announced on Tuesday morning.
Tuesday 23 Oct 2012
Tempus wonders if the market’s long love affair with the Aggreko growth story is coming to an end.
Tuesday 23 Oct 2012
Sales and profits at chip designer ARM Holdings beat expectations in the third quarter and the firm's outlook was upbeat, as it has entered the final stretch of the fiscal year with a record order backlog and robust opportunity pipeline.
Tuesday 23 Oct 2012
Whitbread topped one billion pounds of sales in the first half after strong performances from Premier Inn and Costa Coffee.
Monday 22 Oct 2012
Costa and Holiday Inn owner Whitbread is scheduled to release its interim results on Tuesday morning, in which its first-half sales are expected to top the one billion mark.
Monday 22 Oct 2012
Morgan Crucible, the British maker of ceramics used in wind-turbine blades, has become a potential take-over target, analysts believe.
Monday 22 Oct 2012
Shares in part-nationalised lender Royal Bank of Scotland (RBS) are trading at 0.6 times tangible net asset value (tNAV) and close to a new 17-month high, which has prompted broker Investec to downgrade its rating for the stock from 'hold' to 'sell'.
Monday 22 Oct 2012
BP has unveiled the terms of the agreement for the sale of its stake in the troublesome TNK-BP business to Russian state oil firm Rosneft, drawing mixed reactions -at best- from analysts. While some observers´ first response was that the cash portion of the transaction was better than expected, that was by no means a consensus opinion. Furthermore, some investors seemed worried by the potential
Monday 22 Oct 2012
888, Aggreko, Bunzl, Darty, Devro, Dixons, e-Therapeutics, Fidessa, Hikma, JD Sports, Max Petroleum, Mothercare, Ophir, Paragon, Petrofac, Provident, Senior, Spectris, Spirit, St James's Place, Travis Perkins, Vodafone, Weir, William Hill
Monday 22 Oct 2012
Jefferies has cut its target price for Aggreko but maintained its 'buy' rating for the stock, saying that the negative surprises in the group's third-quarter trading update represent a 'speedbump, not a slowdown'.
Monday 22 Oct 2012
FTSE 250 oil and gas group Salamander Energy has announced the spudding of the Bualaung B8/38-8 (NW-1) well, making the start of its exploration campaign in the Greater Bualuang area, offshore Gulf of Thailand.
Monday 22 Oct 2012
Crude oil futures slipped 1.5 per cent on Monday as buyers lost their nerve amid weak stock markets and persistent concern about the demand outlook.
Monday 22 Oct 2012
Friday's trading statement from temporary power group Aggreko indicated a robust third quarter, with revenues up 22%. However, the shares tumbled by 7% as a number of headwinds emerged. Similarly, Rupert Soames, Aggreko’s chief executive, was cautious about economic prospects for next year. He is right to be so. Nevertheless, and despite lower capital investment, he still expects to be able to
Monday 22 Oct 2012
Crude oil futures skidded to the lowest level in nearly two weeks on Friday on worries about global oil demand.
Monday 22 Oct 2012
The dollar strengthened against major currencies on Friday as investors turned to its safe haven appeal following a raft of disappointing update from some of North America's biggest companies.
Monday 22 Oct 2012
An improvement in the health of smaller companies has led to a drop in the number of businesses going bust. Business insolvencies fell by 3.1% in September, compared with a year earlier, according to Experian. Companies with fewer than 50 staff experienced the biggest improvement, with 10% fewer becoming insolvent. While the picture also improved for companies employing more than 500 staff, there
Monday 22 Oct 2012
Circle Oil, an international oil and gas exploration, development and production company, has said the Geyad-6 well in Egypt, which begun drilling in September, has now been placed on production at an initial flow rate of 913 barrels per day (bpd).
Monday 22 Oct 2012
Friday's trading statement from temporary power group Aggreko indicated a robust third quarter, with revenues up 22%. However, the shares tumbled by 7% as a number of headwinds emerged. Similarly, Rupert Soames, Aggreko’s chief executive, was cautious about economic prospects for next year. He is right to be so. Nevertheless, and despite lower capital investment, he still expects to be able to
You are here: news > editors picks