Company and Market News

Results Round Up - ShareCast - Fri 11 Jan, 02:18 PM
Housebuilder Bovis Homes reported a 19% decline in forward sales, but said full-year pre-tax profit is expected to be broadly in line with the current average of analysts' forecasts.

London afternoon: Footsie narrows deficit - ShareCast - Fri 11 Jan, 02:17 PM
With Wall Street's initial slide likely to be less than feared and housebuilders storming higher, London has almost cancelled the morning's losses.

New Issues Round Up - ShareCast - Fri 11 Jan, 01:42 PM
Imperial Energy is said to consider floating its drilling business on AIM early in the year.

Week ahead: Retailers and housebuilders in focus again - ShareCast - Fri 11 Jan, 01:41 PM
Retailers are again in focus this week and the sector will be looking for some good news after Marks and Spencer's disappointing trading update spooked the market.

Broker snap: JPM sees competition hurting Sage - ShareCast - Fri 11 Jan, 01:40 PM
JP Morgan has downgraded its rating and cut its price target on Sage, saying the business software company will face increased competition.

SCI tumbles as bid talks fail - ShareCast - Fri 11 Jan, 01:38 PM
Shares in SCI Entertainment lost half of their value after the computer games firm said talks with potential suitors have failed and added that it now expects to make a loss in 2008.

Broker snap: Weak iPhone sales to hit Carphone Warehouse - ShareCast - Fri 11 Jan, 01:37 PM
JP Morgan has trimmed its price target on Carphone Warehouse, saying its 18 January trading statement is likely to be unexciting, with iPhone sales reportedly weak.

Europe: Bourses track US futures lower - ShareCast - Fri 11 Jan, 01:36 PM
European stocks fell ahead of what it expected to be a weak start on Wall Street on worries about further sub-prime related losses.

Manufacturing output falls unexpectedly - ShareCast - Fri 11 Jan, 01:33 PM
UK manufacturing production posted a surprise fall in November as a slowdown in consumer spending hurt production of televisions and radios, figures from the Office for National Statistics revealed Friday.

US pre-open: Wall Street sees big losses - ShareCast - Fri 11 Jan, 12:58 PM
US stocks are on course to start the day with hefty losses on concerns that financial firms may incur big-write downs because of the troubled credit market.

Inion sees year revenue in line 12:50 PM [ ShareCast]
London midday: Blue chips struggle 12:20 PM [ ShareCast]
Rio Tinto completes $1.4bn iron ore upgrade 12:09 PM [ ShareCast]
Sector movers: Burberry checks slide 12:05 PM [ ShareCast]
Czech plant to reduce Swallowfield's costs 11:34 AM [ ShareCast]

FTSE 250 movers: Rock asset sales kick off 11:25 AM [ ShareCast]
Vitec expects year-end profits at upper end 10:54 AM [ ShareCast]
London midmorning: Uncertain morning for Footsie 10:35 AM [ ShareCast]
Northern Foods to ramp up chilled foods production 10:05 AM [ ShareCast]
Goldplat's Ghana's production now in full swing 09:51 AM [ ShareCast]

Regulation uncertainty constrains growth for Augean 09:41 AM [ ShareCast]
Tenon's acquisitions performing well 09:35 AM [ ShareCast]
Broker snap: Higher input costs to squeeze Unilever, Morgan says 09:35 AM [ ShareCast]
UBC Media closes OneWord Radio 09:35 AM [ ShareCast]
Wood buys US firm PAC 09:34 AM [ ShareCast]

London open: Mixed start for Footsie 09:26 AM [ ShareCast]
Asia: Recession and sub-prime woes prompt sell-off 09:06 AM [ ShareCast]
Arbuthnot Latham ahead despite conditions 09:01 AM [ ShareCast]
Amlin gross written premium down 5% 08:52 AM [ ShareCast]
Eni's offer for Burren declared unconditional 08:52 AM [ ShareCast]

NETeller to meet expectations 08:39 AM [ ShareCast]
Standard to buy Korean savings bank 08:38 AM [ ShareCast]
Talk of warship delay hits VT 08:38 AM [ ShareCast]
Hospitality spending boosts Churchill China 08:35 AM [ ShareCast]
Balfour Beatty JV wins HK government complex deal 08:24 AM [ ShareCast]

Northern Rock sells equity release mortgages portfolio 08:13 AM [ ShareCast]
Paragon confirms deeply discounted rights issue 08:03 AM [ ShareCast]
Rightmove profits soar but no clue on 2008 08:03 AM [ ShareCast]
London pre-open: Flat start expected 07:52 AM [ ShareCast]
Rolls-Royce to slash 2,300 jobs 07:48 AM [ ShareCast]

Findel cheers record sales 07:38 AM [ ShareCast]
Bovis says year in line, but sales slip 07:38 AM [ ShareCast]
Taylor Nelson flags revenue growth 07:29 AM [ ShareCast]
Interserve predicts good progress in '08 07:13 AM [ ShareCast]
Friday tips round-up: SIG, William Hill, Premier Foods 07:05 AM [ ShareCast]

Head of TUI Travel in Central Europe buys stake 05:26 PM [ ShareCast]
Friday Preview: Housebuilding in focus again 05:23 PM [ ShareCast]
Legal & General sales fall 05:04 PM [ ShareCast]
Macro 4 announces new chairman 05:02 PM [ ShareCast]
London close: Rate decision saps Footsie strength 04:55 PM [ ShareCast]