FTSE edges up as hunger for mining shares boosts trading September 14, 2010 BRITAIN’S leading shares edged higher yesterday, matching modest gains on Wall Street following above-forecast US retail sales data, with commodity issues standing out. At the close, the FTSE 100 index was up 1.88 points, or 0.1 per cent, at 5,567.41, marginally extending Monday’s four-month closing high. “The last-minute push higher by bulls gives further evidence [...]
FTSE edges up as hunger for mining shares boosts trading September 14, 2010 BRITAIN’S leading shares edged higher yesterday, matching modest gains on Wall Street following above-forecast US retail sales data, with commodity issues standing out. At the close, the FTSE 100 index was up 1.88 points, or 0.1 per cent, at 5,567.41, marginally extending Monday’s four-month closing high. “The last-minute push higher by bulls gives further evidence [...]
BEST OF THE BROKERS August 1, 2010 REED ELSEVIER Standard & Poor’s Equity Research (S&P) believes half year results are stronger than expected and have raised their target price by half a euro to €8, though it maintained a “sell” rating. Shares have reacted postively but this could lead to a correction later on in the year. BRITISH AMERICAN TOBACCO Charles Stanley [...]
BAT increases its dividend in a flying start July 28, 2010 BRITISH American Tobacco (BAT) yesterday hiked its dividend by nearly a fifth after a better-than-expected start to the year. The world’s second-largest tobacco group declared an interim payment of 33.2p a share, up 19 per cent on the 27.9p it paid at the same stage last year. Revenues in the first six months of the [...]
BAT increases its dividend in a flying start July 28, 2010 BRITISH American Tobacco (BAT) yesterday hiked its dividend by nearly a fifth after a better-than-expected start to the year. The world’s second-largest tobacco group declared an interim payment of 33.2p a share, up 19 per cent on the 27.9p it paid at the same stage last year. Revenues in the first six months of the [...]
FTSE falls as economic woes hit banks and commoditiesTHE LONDON REPORT August 18, 2010 Banks and commodity stocks pushed Britain’s top shares lower yesterday, with worries over the global economic recovery knocking sentiment and weak volumes exacerbating stock moves as the FTSE 100 remained range-bound. The FTSE 100 closed down 47.68 points, or 0.9 per cent, at 5,302.87 after ending 1.4 per cent higher on Tuesday at 5,350.55 for [...]
BAT shuffles top staff as chief exec Paul Adams retires June 24, 2010 BRITISH American Tobacco said its chief executive Paul Adams will retire next February, to be replaced by chief operating officer Nicandro Durante. The world’s second biggest cigarette-maker said yesterday 53-year-old Durante, who has worked for the company for 29 years, will take over as chief executive designate in September. A number of other staff shuffles [...]
BAT shuffles top staff as chief exec Paul Adams retires June 24, 2010 BRITISH American Tobacco said its chief executive Paul Adams will retire next February, to be replaced by chief operating officer Nicandro Durante. The world’s second biggest cigarette-maker said yesterday 53-year-old Durante, who has worked for the company for 29 years, will take over as chief executive designate in September. A number of other staff shuffles [...]
Popular Euro brands are a gateway to the emerging world August 23, 2010 THE consumer staples sector is usually considered fairly robust. The types of goods it produces – alcohol, food and household products –?tend to be immune to fluctuations in earnings and during periods of economic uncertainty should continue to perform relatively well. But that was not the case during the second quarter. While 71 per cent [...]
Bumper UK earnings fail to lift FTSE as bank sell-off weighs July 29, 2010 BRITAIN’S top shares closed easier yesterday as a retreat from banks and investor caution ahead of US growth data offset a batch of robust UK corporate earnings from companies including AstraZeneca. The FTSE 100 closed down 5.73 points, or 0.1 per cent, at 5,313.95, after it ended 0.9 per cent lower on Wednesday. AstraZeneca advanced [...]