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7 Apr 2011 15:12

London afternoon: FTSE 250 stocks take a bashing

The blue-chip index moved into positive territory over the lunch time trading session as the Bank of England removed all doubt about its current focus on the health of the economy, rather than the inflation risk, and kept its key lending rate unchanged. The European Central Bank, however, stuck to

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7 Apr 2011 14:37

FTSE 250 movers: Gaming firms dealt a blow

The biggest movers of the day appear to be the gaming firms with Betfair and bwin.party unwanted. The latter is 14% under as of Thursday afternoon. Germany's State Lottery Treaty has proposed a 16.67% levy on sports betting stakes, worrying investors in both groups that the operations in the countr

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7 Apr 2011 13:34

Lamprell confirms bid talks for Norwegian peer

Oil rig services group Lamprell has confirmed rumours that it is in talks to acquire Norwegian peer Maritime Industrial Services (MIS), pressuring shares lower on Thursday afternoon. While "discussion with MIS are at a very preliminary stage", the group said that it intends to make an offer at 38 N

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28 Mar 2011 17:09

FTSE 250 movers: Lamprell jumpes after strong 2010

Oil and gas engineer Lamprell was the best performer of the day after revenues rose by 18.4% in 2010, with the strength of the oil price contributing to unprecedented levels of enquiries. Military decoy flares and mine detection firm Chemring wasn't far behind after it said it remains confident for

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28 Mar 2011 17:03

London close: Flat day for FTSE 100

A second attempt to spring into life evaporated ahead of the close on Monday and the top share index finished just a few points higher. Worries that Japanese carmakers may have to suspend production at their plants in China following the earthquake disruption have sent copper prices lower. As a res

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28 Mar 2011 14:57

London afternoon: Shares mark time

Footsie finished the morning clinging on to positive territory and not much changed over the lunch time trading session, with a mildly firmer start on Wall Street providing little additional impetus. Worries that Japanese carmakers may have to suspend production at their plants in China following t

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28 Mar 2011 12:08

London midday: Metal price fall hits miners

Miners are holding back the FTSE 100, which is up by just a few points despite some well-received company updates. Worries that Japanese carmakers may have to suspend production at their plants in China following the earthquake disruption have sent copper prices lower. Kazakh copper group Kazakhmys

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28 Mar 2011 08:51

London open: Blue chips track sideways

It's been a very quiet start with little company news and more concern over the state of the crippled Fukushima nuclear plant in Japan. Latest reports suggest extremely high radiation levels have been detected in some buildings near the plant's number two reactor. In Europe, concern over Portugal'

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28 Mar 2011 07:46

Lamprell shines in 2010

2010 was a year of strong recovery for Lamprell, the provider of engineering services to the international oil and gas industry, with the strength of the oil price contributing to unprecedented levels of enquiries. Revenue rose 18.4% to $503.8m from $425.5m in 2009. Underlying earnings before inter

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22 Feb 2011 17:00

London close: Rally falls short as Libya casts shadow

Strong consumer confidence figures in the US sparked an impressive rally from the top share index this afternoon following earlier gloom over the Libyan turmoil and the higher oil price, but worries re-emerged and the FTSE 100 finished below 6,000. BHP Billiton is one of those that has limped into

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22 Feb 2011 14:47

FTSE 250 movers: Lamprell and Croda lead the risers

Engineering services provider Lamprell is a big mover today after announcing a new contract award from Singapore company Greatship Global Energy Services. Not far behind is speciality chemicals group Croda International which more than doubled its 2010 pre-tax profits. Also higher are oil prices a

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22 Feb 2011 14:12

London afternoon: Modest rally continues

Shares continued to pare the morning's losses over the lunch time trading session, and from a position at the mid-morning stage where only five FTSE 100 constituents were in positive territory, by 2pm that number had grown to around 20. BHP Billiton is one of those that has limped into the black. T

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22 Feb 2011 08:45

Lamprell shares jacked-up on contract win

While the UK market was taking a dive Tuesday morning on fears related to civil unrest in oil-rich Libya, Lamprell, the provider of engineering services to the international oil and gas industry, defied the trend after announcing a contract win. The company has received a new contract award from Si

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17 Feb 2011 15:54

FTSE 250 movers: Lamprell stumbles after contract disappointment

Lamprell is the hardest faller after two of its contract customers have allowed options on wind turbine installation vessels to lapse. Curtains and bedding retailer Dunelm is not far behind following a fall in half year like-for-like sales after a tough run up to Christmas. In a brief statement is

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21 Dec 2010 16:36

London close: FTSE 100 hits new highs

The leading share index closed just off its highest levels since the first half of 2008, before the global economic crash, after banks and miners led another day of gains. With copper prices at a record in London on hopes that strength in the US will help sustain global economic growth, miners such

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