September 18, 2007

Alliance & Leicester adds over 32 percent

Filed under: Companies, Lloyds TSB, Paragon, Northern Rock, Tullow Oil, Lonmin, Bradford & Bingley, Alliance & Leicester, Barclay's, Persimmon, Liberty International, Avis Europe, Venture Production

There were gains in London’s equities markets on Tuesday.

The FTSE 100 added 1.63 to 6,283.3 and the FTSE 250 gained 0.54 percent to 10,802.8.

The 100 was helped out by Alliance & Leicester (LSE: AL) when the bank gained even more on the session than it lost Monday.

A&L was up 32.17 percent to 793p, by far the best performance on the blue chip index.

Other banks also gained although the sector was mixed.

Northern Rock (LSE: NRK) was up 8.22 percent to 306p after two consecutive sessions of over 30 percent declines each day.

Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) was 4.48 percent higher to 607p.

On the other hand, Lloyds TSB (LSE: LLOY) dropped 1.75 percent to 504p.

Also seeing a gain on the 100 was property investment group Liberty International (LSE: LII), which was up 5.06 percent to £11.

House builder Persimmon (LSE: PSN), however, dropped 0.53 percent to 941p, while miner Lonmin led the losers on the 100 as it fell 4.35 percent to €31.46.

Mortgage lenders did well on the 250.

Paragon (LSE: PAG) was 5.86 percent higher to 302.5p, while Bradford & Bingley (LSE: BB) jumped 12.28 percent to 313.25p for the best performance of the day on the 250.

Auto rental group Avis Europe (LSE: AVE) was 2.55 percent higher to 40.25p.

The oil sector didn’t do as well.

Venture Production (LSE: VPC) dropped 1.75 percent to 731.5p, while Tullow Oil (LSE: TLW; OTC: TUWLY) led the losers on the 250 with a decline of 3.95 percent to 511p.

September 10, 2007

ITV tops FTSE 100

Filed under: Companies, ITV, Schroders, IG Group, British Energy, HMV Group, Hammerson, Kelda, Wolseley, Minerva, Premier Foods, Alfred McAlpine, Invesco, Avis Europe, Associated British Foods

In London on Monday the FTSE 100 was 0.92 percent lower to 6,134.1 and the FTSE 250 fell 1.2 percent to 10,974.8.

Media group ITV (LSE: ITV) added 2.02 percent to 352.75p for the best day on the 100.

IG Group (LSE: IGG), in the financial services sector, was the best performer on the 250 as it gained 2.02 percent to 111.3p.

Other gainers included investment manager Schroders (LSE: SDR.L), up 2 percent to £13.29.

Water utility Kelda Group (LSE: KEL) gained 1.55 percent to 852p, while electricity generator British Energy Group (LSE: BGY) was 1.82 percent higher to 476.5p.

Music retailer HMV Group (LSE: HMV) added 2.36 percent to 130p. Food processors were mixed.

Premier Foods (LSE: PFD) added 1.84 percent to 248.5p on the 250, but Associated British Foods (LSE: ABF) was 3.41 percent lower to 808.5p on the 100.

Property developers were lower on the session.

Hammerson (LSE: HMSO) dropped 3.27 percent to £11.82, while Minerva (LSE: MNR) was down 4.47 percent to 256.25p.

Builder Alfred McAlpine (LSE: MCA) fell 4.36 percent to 455.5p, while construction materials group Wolseley (LSE: WOS) dropped 3.63 percent to 928p.

The worst performer on the 100 was investment manager Invesco (LSE: AVZ; NYSE: IVZ), which was 3.72 percent lower to 557p, while car rental group Avis Europe (LSE: AVE) was down 4.97 percent to 43p.

September 5, 2007

Miners higher on losing day

Filed under: Companies, Northern Rock, PartyGaming, Lonmin, Alliance & Leicester, Shire, Royal & Sun Alliance, Vedanta Resources, Tate & Lyle, Punch Taverns, Avis Europe, International Personal Finance, Interserve

London’s markets saw declines Wednesday.

The FTSE 100 dropped 1.66 percent to 6,270.7 and the FTSE 250 was down 1.83 percent to 11,300.7.

The mining sector provided the best performer on the 100 as Vedanta Resources (LSE: VED) added 3.07 percent to £18.47.

Of the two other gainers on the 100 during the day another miner, Lonmin (LSE: LMI) was up 0.37 percent to £32.27.

The only other winner on the 100 was in the pharmaceuticals sector, with Shire (LSE: SHP; NAS: SHPGY) up 0.62 percent to £13.03.

The best performance on 250 came from personal loan provider International Personal Finance (LSE: IPF), which added 5.66 percent to 224p.

Construction and civil engineering group Interserve (LSE: IRV) was up 3.8 percent to 492p, while internet gambler PartyGaming (LSE: PRTY) was 2.73 percent higher to 28.25p.

Banks were lower after Lehman Brothers (NYSE: LEH) made negative comments about the mortgage sector.

Northern Rock (LSE: NRK) had the worst day on the 100 as it dropped 5.33 percent to 693p, while Alliance & Leicester (LSE: AL) fell 4.44 percent to £10.11.

Among insurers, Royal Sun & Alliance (LSE: RSA) was down 3.85 percent to 139.9p.

Food processor Tate & Lyle (LSE: TATE) was down 4.54 percent to 536.5p, and pubs operator Punch Taverns (LSE: PUB) was down 3.79 percent to £10.66.

Avis Europe (LSE: AVE) was 7 percent lower on the 250 to 46.5p, while waste management firm Shanks Group (LSE: SKS) fell 6.06 percent to 232.5p.

August 21, 2007

Property developers mixed in London

Filed under: Companies, BA, British Land, BHP Billiton, International Power, BT Group, JKX Oil & Gas, Barratt Developments, Drax Group, Intercontinental Hotels Group, Punch Taverns, Michael Page International, Avis Europe

London markets were mixed Tuesday, with the FTSE 100 up 0.12 percent to 6.086.1 but the FTSE 250 down 0.6 percent to 10,639.3.

The mixed nature of the indices translated to mixed days within individual sectors.

For example, while property developer Barratt Developments (LSE: BDEV) was the worst performer of the day on the 100 with a drop of 3.25 percent to 909p, British Land (BLND) added 1.42 percent to £12.15.

Likewise among electricity generators.

While International Power (LSE: IPR; NYSE: IPR) added 1.55 percent to 409p, Drax Group (LSE: DRX) fell 2.29 percent to 620p.

Miner BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) had the best day on the 100, adding 2.04 percent to £13.01 after it said it had moved two drilling rigs from deep water in the Gulf of Mexico ahead of Hurricane Dean.

Meanwhile on the 250, JKX Oil & Gas was the best performer with a gain of 7.39 percent to 370.5p.

Other gainers on the day included British Airways (LSE: BAY; NYSE: BAB) at 1.52 percent higher to 401.5p.

In the telecommunications sector, BT Group (LSE: BT.A; NYSE: BT) gained 1.46 percent to 312p.

Avis Europe (LSE: AVE) was up 4.42 percent to £47.25.

Among decliners, pubs operator Punch Taverns (LSE: PUB) was 2.35 percent lower to 976.5p, while Intercontinental Hotels (LSE: IHG; NYSE: IHG) fell 2.33 percent to £10.06.

Human resources specialist Michael Page International (LSE: MPI) dropped 4.22 percent to 419.5p.

August 13, 2007

Miners, FTSE 250 components see big gains

Filed under: Companies, Anglo American, Kazakhmys, Antofagasta, Reckitt Benckiser, Johnson Matthey, Kingfisher, ICI, Keller Group, Rathbone Brothers, Avis Europe, Aveva Group, Micro Focus International, ITE Group

London’s markets rallied Monday as the FTSE 100 added 2.99 percent to 6,219 and the FTSE 250 gained 2.71 percent to 11,184.8.

The top three gainers on the 100 were all miners, adding value after copper prices were higher.

Anglo American (LSE: AAL) was up 8.31 percent to £28.16, while Kazakhmys (LSE: KAZ) gained 10.44 percent to £11.95 and Antofagasta (LSE: ANTO) added 10.48 percent to 685p for the best day on the 100.

Gains on the 250 were even bigger.

In the electronics sector Aveva Group (LSE: AVV) and Micro Focus International (LSE: MCRO) were 12.69 percent higher to 901p and up 16.8 percent to 288.5p respectively, with Micro Focus having the best day on the 250.

Construction engineering group Keller (LSE: KLR) was up 16.77 percent to 940p, while investment managers Rathbone Brothers (LSE: RAT) added 12.79 percent to £13.05 and conference and convention organizer ITE Group (LSE: ITE) was 12.77 percent higher to 170p.

The biggest loser on the 250 on the session was car rental group Avis Europe (LSE: AVE), which dropped 11.76 percent to 45p.

Kingfisher, meanwhile, had the worst day on the 100 as it fell 1.63 percent to 211.5p.

Chemicals groups had a mixed day on the 100, with Reckitt Benckiser (LSE: RB) down 0.51 percent to £27.41 while Johnson Matthey (LSE: JMAT) dropped 0.82 percent to £16.90.

On the other hand, Imperial Chemical Industries (LSE: ICI; NYSE: ICI) added 2.8 percent to 642p after it said it has accepted a bid from Dutch chemicals company Azko Nobel (Euronext: AKZ; NAS: AKZOY).

In addition, German consumer goods manufacturer Henkel (FWB: HEN3) said it will purchase the adhesives and electronic materials divisions of ICI’s US unit if the Akzo deal is completed.

August 10, 2007

Northern Rock drops over 9.5 percent

Filed under: Companies, Northern Rock, Carnival, Tate & Lyle, JKX Oil & Gas, Man Group, Hunting, Resolution, Henderson Group, Beazley Group, Rathbone Brothers, Avis Europe, Associated British Foods

London’s markets joined the global market slide on Friday as the FTSE 100 fell 3.71 percent to 6,038.3 and the FTSE 250 was down 2.88 percent to 10,889.5.

Again, financial services groups ended up lower on the day. Northern Rock (LSE: NRK) led the decliners on the 100 as it dropped 9.57 percent to 713.5p, while investment managers Rathbone Brothers (LSE: RAT) was the worst performer on the 250 with a decline of 12.02 percent to £11.57.

Insurer Resolution (LSE: RSL) fell 6.71 percent to 626p, while special risks insurer Beazley Group (LSE: BEZ) was 7.98 percent lower to 150p.

Hedge fund Man Group (LSE: EMG) was down 0.06 percent to 479.25p, while asset managers Henderson Group (LSE: HGI; ASX: HGI) dropped 9.43 percent to 139.25p.

Among gainers, Avis Europe (LSE: AVE) led the 250 with a gain of 15.91 percent to 51p, while cruise operator Carnival (LSE: CCL; NYSE: CCL; NYSEL CUK) was the best performer on the 100 as it added 0.54 percent to £22.44.

Food processors did well on the 100.

Tate & Lyle was up 0.18 percent to 549p, while Associated British Foods (LSE: ABF) gained 0.3 percent to 844p.

The oil sector did well on the 250.

Oil refiner and distributor Hunting (LSE: HTG) was 3.36 percent higher to 707.5p, while JKX Oil & Gas (LSE: JKX) was up 13.48 percent to 360p.


FTSE market news from the London Stock Exchange: FTSE 100, FTSE 250, and FTSE 400
Latest FTSE News: Miners gain, house builders see declines Oil, miners higher in London Telecoms, retailers see gains Pharma lower in London British Energy drops on nuclear plant delays Home builders see gains in London House builders, property developers down in London Brewers higher on bids rumors Oil sector, banks mixed in London BP, Royal Dutch Shell gain on higher oil prices Recommended equities news sites Eurofirst News Tokyo Market News NYSE News Insurance: Car & Home FTSE London Stock Exchange	September 18, 2007 Alliance & Leicester adds over 32 percent Filed under: Companies, Lloyds TSB, Paragon, Northern Rock, Tullow Oil, Lonmin, Bradford & Bingley, Alliance & Leicester, Barclay's, Persimmon, Liberty International, Avis Europe, Venture Production There were gains in London’s equities markets on Tuesday. The FTSE 100 added 1.63 to 6,283.3 and the FTSE 250 gained 0.54 percent to 10,802.8. The 100 was helped out by Alliance & Leicester (LSE: AL) when the bank gained even more on the session than it lost Monday. A&L was up 32.17 percent to 793p, by far the best performance on the blue chip index. Other banks also gained although the sector was mixed. Northern Rock (LSE: NRK) was up 8.22 percent to 306p after two consecutive sessions of over 30 percent declines each day. Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) was 4.48 percent higher to 607p. On the other hand, Lloyds TSB (LSE: LLOY) dropped 1.75 percent to 504p. Also seeing a gain on the 100 was property investment group Liberty International (LSE: LII), which was up 5.06 percent to £11. House builder Persimmon (LSE: PSN), however, dropped 0.53 percent to 941p, while miner Lonmin led the losers on the 100 as it fell 4.35 percent to €31.46. Mortgage lenders did well on the 250. Paragon (LSE: PAG) was 5.86 percent higher to 302.5p, while Bradford & Bingley (LSE: BB) jumped 12.28 percent to 313.25p for the best performance of the day on the 250. Auto rental group Avis Europe (LSE: AVE) was 2.55 percent higher to 40.25p. The oil sector didn’t do as well. Venture Production (LSE: VPC) dropped 1.75 percent to 731.5p, while Tullow Oil (LSE: TLW; OTC: TUWLY) led the losers on the 250 with a decline of 3.95 percent to 511p. September 10, 2007 ITV tops FTSE 100 Filed under: Companies, ITV, Schroders, IG Group, British Energy, HMV Group, Hammerson, Kelda, Wolseley, Minerva, Premier Foods, Alfred McAlpine, Invesco, Avis Europe, Associated British Foods In London on Monday the FTSE 100 was 0.92 percent lower to 6,134.1 and the FTSE 250 fell 1.2 percent to 10,974.8. Media group ITV (LSE: ITV) added 2.02 percent to 352.75p for the best day on the 100. IG Group (LSE: IGG), in the financial services sector, was the best performer on the 250 as it gained 2.02 percent to 111.3p. Other gainers included investment manager Schroders (LSE: SDR.L), up 2 percent to £13.29. Water utility Kelda Group (LSE: KEL) gained 1.55 percent to 852p, while electricity generator British Energy Group (LSE: BGY) was 1.82 percent higher to 476.5p. Music retailer HMV Group (LSE: HMV) added 2.36 percent to 130p. Food processors were mixed. Premier Foods (LSE: PFD) added 1.84 percent to 248.5p on the 250, but Associated British Foods (LSE: ABF) was 3.41 percent lower to 808.5p on the 100. Property developers were lower on the session. Hammerson (LSE: HMSO) dropped 3.27 percent to £11.82, while Minerva (LSE: MNR) was down 4.47 percent to 256.25p. Builder Alfred McAlpine (LSE: MCA) fell 4.36 percent to 455.5p, while construction materials group Wolseley (LSE: WOS) dropped 3.63 percent to 928p. The worst performer on the 100 was investment manager Invesco (LSE: AVZ; NYSE: IVZ), which was 3.72 percent lower to 557p, while car rental group Avis Europe (LSE: AVE) was down 4.97 percent to 43p. September 5, 2007 Miners higher on losing day Filed under: Companies, Northern Rock, PartyGaming, Lonmin, Alliance & Leicester, Shire, Royal & Sun Alliance, Vedanta Resources, Tate & Lyle, Punch Taverns, Avis Europe, International Personal Finance, Interserve London’s markets saw declines Wednesday. The FTSE 100 dropped 1.66 percent to 6,270.7 and the FTSE 250 was down 1.83 percent to 11,300.7. The mining sector provided the best performer on the 100 as Vedanta Resources (LSE: VED) added 3.07 percent to £18.47. Of the two other gainers on the 100 during the day another miner, Lonmin (LSE: LMI) was up 0.37 percent to £32.27. The only other winner on the 100 was in the pharmaceuticals sector, with Shire (LSE: SHP; NAS: SHPGY) up 0.62 percent to £13.03. The best performance on 250 came from personal loan provider International Personal Finance (LSE: IPF), which added 5.66 percent to 224p. Construction and civil engineering group Interserve (LSE: IRV) was up 3.8 percent to 492p, while internet gambler PartyGaming (LSE: PRTY) was 2.73 percent higher to 28.25p. Banks were lower after Lehman Brothers (NYSE: LEH) made negative comments about the mortgage sector. Northern Rock (LSE: NRK) had the worst day on the 100 as it dropped 5.33 percent to 693p, while Alliance & Leicester (LSE: AL) fell 4.44 percent to £10.11. Among insurers, Royal Sun & Alliance (LSE: RSA) was down 3.85 percent to 139.9p. Food processor Tate & Lyle (LSE: TATE) was down 4.54 percent to 536.5p, and pubs operator Punch Taverns (LSE: PUB) was down 3.79 percent to £10.66. Avis Europe (LSE: AVE) was 7 percent lower on the 250 to 46.5p, while waste management firm Shanks Group (LSE: SKS) fell 6.06 percent to 232.5p. August 21, 2007 Property developers mixed in London Filed under: Companies, BA, British Land, BHP Billiton, International Power, BT Group, JKX Oil & Gas, Barratt Developments, Drax Group, Intercontinental Hotels Group, Punch Taverns, Michael Page International, Avis Europe London markets were mixed Tuesday, with the FTSE 100 up 0.12 percent to 6.086.1 but the FTSE 250 down 0.6 percent to 10,639.3. The mixed nature of the indices translated to mixed days within individual sectors. For example, while property developer Barratt Developments (LSE: BDEV) was the worst performer of the day on the 100 with a drop of 3.25 percent to 909p, British Land (BLND) added 1.42 percent to £12.15. Likewise among electricity generators. While International Power (LSE: IPR; NYSE: IPR) added 1.55 percent to 409p, Drax Group (LSE: DRX) fell 2.29 percent to 620p. Miner BHP Billiton (LSE: BLT; NYSE: BHP; ASX: BHP) had the best day on the 100, adding 2.04 percent to £13.01 after it said it had moved two drilling rigs from deep water in the Gulf of Mexico ahead of Hurricane Dean. Meanwhile on the 250, JKX Oil & Gas was the best performer with a gain of 7.39 percent to 370.5p. Other gainers on the day included British Airways (LSE: BAY; NYSE: BAB) at 1.52 percent higher to 401.5p. In the telecommunications sector, BT Group (LSE: BT.A; NYSE: BT) gained 1.46 percent to 312p. Avis Europe (LSE: AVE) was up 4.42 percent to £47.25. Among decliners, pubs operator Punch Taverns (LSE: PUB) was 2.35 percent lower to 976.5p, while Intercontinental Hotels (LSE: IHG; NYSE: IHG) fell 2.33 percent to £10.06. Human resources specialist Michael Page International (LSE: MPI) dropped 4.22 percent to 419.5p. August 13, 2007 Miners, FTSE 250 components see big gains Filed under: Companies, Anglo American, Kazakhmys, Antofagasta, Reckitt Benckiser, Johnson Matthey, Kingfisher, ICI, Keller Group, Rathbone Brothers, Avis Europe, Aveva Group, Micro Focus International, ITE Group London’s markets rallied Monday as the FTSE 100 added 2.99 percent to 6,219 and the FTSE 250 gained 2.71 percent to 11,184.8. The top three gainers on the 100 were all miners, adding value after copper prices were higher. Anglo American (LSE: AAL) was up 8.31 percent to £28.16, while Kazakhmys (LSE: KAZ) gained 10.44 percent to £11.95 and Antofagasta (LSE: ANTO) added 10.48 percent to 685p for the best day on the 100. Gains on the 250 were even bigger. In the electronics sector Aveva Group (LSE: AVV) and Micro Focus International (LSE: MCRO) were 12.69 percent higher to 901p and up 16.8 percent to 288.5p respectively, with Micro Focus having the best day on the 250. Construction engineering group Keller (LSE: KLR) was up 16.77 percent to 940p, while investment managers Rathbone Brothers (LSE: RAT) added 12.79 percent to £13.05 and conference and convention organizer ITE Group (LSE: ITE) was 12.77 percent higher to 170p. The biggest loser on the 250 on the session was car rental group Avis Europe (LSE: AVE), which dropped 11.76 percent to 45p. Kingfisher, meanwhile, had the worst day on the 100 as it fell 1.63 percent to 211.5p. Chemicals groups had a mixed day on the 100, with Reckitt Benckiser (LSE: RB) down 0.51 percent to £27.41 while Johnson Matthey (LSE: JMAT) dropped 0.82 percent to £16.90. On the other hand, Imperial Chemical Industries (LSE: ICI; NYSE: ICI) added 2.8 percent to 642p after it said it has accepted a bid from Dutch chemicals company Azko Nobel (Euronext: AKZ; NAS: AKZOY). In addition, German consumer goods manufacturer Henkel (FWB: HEN3) said it will purchase the adhesives and electronic materials divisions of ICI’s US unit if the Akzo deal is completed. August 10, 2007 Northern Rock drops over 9.5 percent Filed under: Companies, Northern Rock, Carnival, Tate & Lyle, JKX Oil & Gas, Man Group, Hunting, Resolution, Henderson Group, Beazley Group, Rathbone Brothers, Avis Europe, Associated British Foods London’s markets joined the global market slide on Friday as the FTSE 100 fell 3.71 percent to 6,038.3 and the FTSE 250 was down 2.88 percent to 10,889.5. Again, financial services groups ended up lower on the day. Northern Rock (LSE: NRK) led the decliners on the 100 as it dropped 9.57 percent to 713.5p, while investment managers Rathbone Brothers (LSE: RAT) was the worst performer on the 250 with a decline of 12.02 percent to £11.57. Insurer Resolution (LSE: RSL) fell 6.71 percent to 626p, while special risks insurer Beazley Group (LSE: BEZ) was 7.98 percent lower to 150p. Hedge fund Man Group (LSE: EMG) was down 0.06 percent to 479.25p, while asset managers Henderson Group (LSE: HGI; ASX: HGI) dropped 9.43 percent to 139.25p. Among gainers, Avis Europe (LSE: AVE) led the 250 with a gain of 15.91 percent to 51p, while cruise operator Carnival (LSE: CCL; NYSE: CCL; NYSEL CUK) was the best performer on the 100 as it added 0.54 percent to £22.44. Food processors did well on the 100. Tate & Lyle was up 0.18 percent to 549p, while Associated British Foods (LSE: ABF) gained 0.3 percent to 844p. The oil sector did well on the 250. Oil refiner and distributor Hunting (LSE: HTG) was 3.36 percent higher to 707.5p, while JKX Oil & Gas (LSE: JKX) was up 13.48 percent to 360p.	Latest Equities News: Wall Street ends lower despite rate cut Asia-Pacific, Europe equities see declines Hang Seng adds 10.72 percent on session India’s Sensex drops 1,408 points on session Australian markets drop for 9th straight day Taiex gains on opposition win in parliamentary elections Hang Seng drops nearly 400 points Most Asia-Pacific markets drop on US recession worries Tokyo declines on export worries Asia-Pacific equities mixed on economic concerns
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