Editor's Picks
Reckitt Benckiser half year profits hit £1bn
Monday 25 Jul 2011
Strong growth in developing markets helped household and healthcare products group Reckitt Benckiser offset weakness in Europe to post pre-tax profits above £1bn for the half year to June 30. The maker of the Cillit Bang cleaning product and Nurofen painkillers said pre-tax climbed to £1.04bn from £971m over the same period the previous year on revenues that soared to £4.62bn from £4.06bn. ..
Funds inflow continues at Aberdeen Asset
Monday 25 Jul 2011
Assets under management (AuM) at asset manager Aberdeen Asset Management edged up 2.5% in the second quarter of 2011, with flows into higher margin products more than offsetting redemptions, which have slowed.
South leads July house price fall
Monday 25 Jul 2011
House prices continued drifting lower in July, with areas in the usually strong south of England seeing some of the sharpest falls, according to property analysis group Hometrack.
Funds inflow continues at Aberdeen Asset
Monday 25 Jul 2011
Assets under management (AuM) at asset manager Aberdeen Asset Management edged up 2.5% in the second quarter of 2011, with flows into higher margin products more than offsetting redemptions, which have slowed.
London pre-open: Off to a weak start
Monday 25 Jul 2011
Shares are set to start the week on the back foot, with the Footsie tipped to duck back below 5,900, as investors wait on the Republicans and President Obama to agree on a package of measures that will ensure that the USA's debt ceiling is raised.
Year has started well, says National Grid
Monday 25 Jul 2011
Power and gas grid operator National Grid's operational and financial performance since the beginning of April was described as 'solid' by chief executive, Steve Holiday.
Reckitt Benckiser half year profits hit £1bn
Monday 25 Jul 2011
Strong growth in developing markets helped household and healthcare products group Reckitt Benckiser offset weakness in Europe to post pre-tax profits above £1bn for the half year to June 30. The maker of the Cillit Bang cleaning product and Nurofen painkillers said pre-tax climbed to £1.04bn from £971m over the same period the previous year on revenues that soared to £4.62bn from £4.06bn.
South leads July house price fall
Monday 25 Jul 2011
House prices continued drifting lower in July, with areas in the usually strong south of England seeing the sharpest falls, according to property analysis group Hometrack.
Good for Britain? Airbus gains foothold in U.S.
Friday 22 Jul 2011
The announcement earlier this week that American Airlines has agreed an order for 260 Airbus A320s is a major development in the commercial aircraft market.
Sunday tips round-up: United Utilities, Flybe, Hilton Food
Friday 22 Jul 2011
While they have underperformed the market in the last two years, and although not cheap in terms of its forward PE multiple, the Questor team at The Telegraph believes that shares of United Utilities remain a buy. The above is due to the long-term potential of the water sector and the security afforded by the company´s dividend payments. Thus, they cite research from analysts at Citibank who are
US Republicans may present a proposal to Obama tonight
Friday 22 Jul 2011
The impasse on Capitol Hill over how to reduce the United States´ budget deficit continues this weekend. Although it would seem that some progress has been made there is still, at least, and in the best of cases, some posturing coming from both sides and, at worst, the risk of miscalculations on either part.
Sunday newspaper round-up: UK Banks, UK economy, Lloyds
Friday 22 Jul 2011
The Financial Time´s Neil Hume weighs in this weekend on whether the recent rally in bank shares has legs or not. “So, UK banks could enjoy a 10-20% bounce over the summer. But once the Eurozone “fear factor” has rallied out of share prices, what then? Will institutional investors continue buying and overweight UK banks? Probably not. Weak economic growth, overleveraged consumers facing higher
US close: Markets mixed as debt limit deadline draws near
Friday 22 Jul 2011
US markets finished mixed following a strong day yesterday, on the back of the Eurozone deal to bailout Greece. Cautious trading followed after the Senate voted 51-46 to shoot down a lower house proposal which would have granted a rise in the debt limit in exchange for passing a balanced budget amendment.
FTSE 100 movers: Financials mixed as investor lock in profits
Friday 22 Jul 2011
The financial sector was mixed on Friday, despite rising strongly early on following yesterday’s Eurozone deal to bailout Greece. Shares soared on Thursday after the region’s leaders agreed a new aid package for Greece and an overhaul of the Eurozone sovereign rescue fund.
Travelzest feeling the pinch in UK
Friday 22 Jul 2011
Shares in upmarket market travel operator group Travelzest took a dive after it reported a sharp drop in profits, due to tough conditions in Britain.
Strong finish to year on the runway for easyJet
Friday 22 Jul 2011
Assuming normal market conditions, no frills airline easyJet expects full-year pre-tax profits to fall in the range of £200m to £230m. Market consensus is for an adjusted profit before tax of £183.1m.
London midday: Banks in front as rally continues
Friday 22 Jul 2011
Stocks are going strong after this morning’s gains, with banks prominent among the risers, continuing their advance following the eurozone deal yesterday.
Market overview: Gains trimmed, banks mixed
Friday 22 Jul 2011
1532:Pressuring stocks, by some accounts, rating agency Fitch´s announcement that it will designate Greece as a ‘restrictive default’, a decision which may be percolating through markets, should the Eurozone proposal of a debt roll-over, last night, finally go through. A ‘restrictive default’ means that Greek bonds will not necessarily be downgraded to default, only the country as an in issuer.
Markets welcome Greek debt deal
Friday 22 Jul 2011
Greece, a European nation with a recorded history of 4,000 years and a reputation as the cradle of civilization, will soon be in default, joining a host of countries from Liberia to Argentina, which have found themselves unable to pay their debts
Premium broker snap: Thomas Cook's plunge overdone, says Charles Stanley
Friday 22 Jul 2011
The recent plunge in Thomas Cook’s share price (on the back of last week’s profit warning) has been overdone, according to Charles Stanley, which reiterates its buy recommendation on the travel group.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN