Tribe Technology set to deliver healthy pipeline of orders from Tier-One miners. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksMillennium & Copthorne Hotels Share News (MLC)

  • There is currently no data for MLC

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

London midday: Stocks nudge higher in pre-Christmas trading

Tue, 24th Dec 2013 11:26

- UK mortgage borrowing rises in November- Millennium & Copthorne Hotels eyes Chelsea hotel acquisition- Tullow Oil pulls plug on North Sea wellMarket MoverstechMARK 2,771.80 +0.36%FTSE 100 6,706.26 +0.41%FTSE 250 15,786.34 +0.28%London's leading shares remained in positive territory in lighter than normal trading, with financials and retail related stocks capturing modest gains ahead of Christmas break. London's stock market will close at 12:30 local time and will remain closed for the following two days.In UK economic news, net secured mortgage borrowing increased by £0.3bn in November to £781.6bn, the latest figures from the British Bankers' Association (BBA) showed. Later on Tuesday, US orders for durable goods is expected to show an increase of 2% for the month of November.Millennium & Copthorne Hotels, Tullow OilIn company news, Millennium & Copthorne Hotels said it will extend its global hotel portfolio with the acquisition of a new property in the Chelsea district of London for £65m.Elsewhere independent oil and gas exploration and production group Tullow Oil confirmed its exploration well on the Mantra prospect offshore Norway has encountered reservoir quality sands but all intervals are water wet. Drilling at the well in the North Sea has been terminated and will now be logged before being plugged and abandoned.British Land and real estate investor GIC confirmed they have signed a joint venture agreement to develop Broadgate, a key office complex in London."This partnership provides us with the ideal platform to deliver the long-term vision for Broadgate... from what is one of Central London's premier office locations," said British Land Chief Executive Officer Chris Grigg.Meanwhile BSkyB confirmed is has made a $350,000 equity investment in Jaunt, a technology company based in Palo Alto, California which specialises in video capture and display. The Serious Fraud Office confirmed that it has launched a formal investigation into allegations of bribery and corruption at engine maker Rolls-Royce that could lead to criminal prosecutions.FTSE 100 - RisersBritish Sky Broadcasting Group (BSY) 830.00p +2.15%International Consolidated Airlines Group SA (CDI) (IAG) 402.10p +1.85%Reckitt Benckiser Group (RB.) 4,822.00p +1.71%Sports Direct International (SPD) 728.50p +1.53%Reed Elsevier (REL) 897.50p +1.47%Persimmon (PSN) 1,219.00p +1.41%Admiral Group (ADM) 1,303.00p +1.24%Anglo American (AAL) 1,280.50p +1.23%British Land Co (BLND) 630.50p +1.20%Rexam (REX) 520.00p +1.17%FTSE 100 - FallersARM Holdings (ARM) 1,095.00p -1.35%Aviva (AV.) 441.00p -1.08%Tullow Oil (TLW) 839.00p -1.06%Hargreaves Lansdown (HL.) 1,313.00p -0.98%Glencore Xstrata (GLEN) 307.25p -0.90%CRH (CRH) 1,507.00p -0.86%Carnival (CCL) 2,452.00p -0.49%Next (NXT) 5,420.00p -0.46%Travis Perkins (TPK) 1,808.00p -0.28%Legal & General Group (LGEN) 220.80p -0.27%FTSE 250 - RisersJD Sports Fashion (JD.) 1,436.00p +6.85%Evraz (EVR) 104.40p +4.19%Partnership Assurance Group (PA.) 305.00p +4.10%Phoenix Group Holdings (DI) (PHNX) 726.50p +3.79%African Barrick Gold (ABG) 175.50p +3.66%Homeserve (HSV) 273.10p +2.79%Polymetal International (POLY) 525.50p +2.74%ITE Group (ITE) 310.00p +2.72%Fidessa Group (FDSA) 2,295.00p +2.32%Premier Farnell (PFL) 222.30p +2.25%FTSE 250 - FallersDomino Printing Sciences (DNO) 756.00p -2.45%Investec (INVP) 427.60p -2.24%Wetherspoon (J.D.) (JDW) 740.00p -1.79%IP Group (IPO) 163.50p -1.51%IG Group Holdings (IGG) 608.00p -1.38%Hellermanntyton Group (HTY) 295.90p -1.37%Diploma (DPLM) 700.00p -1.34%Close Brothers Group (CBG) 1,353.00p -1.31%Computacenter (CCC) 634.50p -1.01%Hansteen Holdings (HSTN) 107.40p -1.01%FTSE TechMARK - RisersWolfson Microelectronics (WLF) 148.00p +6.09%Triad Group (TRD) 8.00p +3.23%SDL (SDL) 355.75p +3.12%Kofax Limited (DI) (KFX) 427.75p +2.76%Optos (OPTS) 202.00p +1.51%Vislink (VLK) 45.25p +1.40%Anite (AIE) 100.75p +1.26%Vectura Group (VEC) 139.00p +0.72%Ricardo (RCDO) 670.50p +0.22%Oxford Biomedica (OXB) 2.37p +0.21%FTSE TechMARK - FallersSkyepharma (SKP) 113.25p -4.03%Consort Medical (CSRT) 954.00p -1.14%Innovation Group (TIG) 34.50p -0.72%Dialight (DIA) 837.50p -0.71%NCC Group (NCC) 185.25p -0.40%IShares Euro Gov Bond 7-10YR UCITS ETF (IEGM) € 177.79 -0.08%CJ
More News
13 May 2015 15:24

Dividends Calendar - Week Ahead

Read more
13 May 2015 05:20

Dividends Calendar - Week Ahead

Read more
12 May 2015 15:04

Dividends Calendar - Week Ahead

Read more
12 May 2015 05:19

Dividends Calendar - Week Ahead

Read more
11 May 2015 14:56

Dividends Calendar - Week Ahead

Read more
11 May 2015 05:34

Dividends Calendar - Week Ahead

Read more
8 May 2015 15:22

Dividends Calendar - Week Ahead

Read more
7 May 2015 15:26

FTSE 250 movers: Telecity jumps 20% on £2.3bn Equinix offer

Despite posting some slightly disappointing first-quarter results, datacentres group Telecity was leading the risers on the FTSE 250 after receiving a takeover offer from Equinix at 1,145p per share in cash and equity. This bid, at a 27% premium to the closing price on Wednesday, values Telecity at

Read more
7 May 2015 11:28

LONDON MIDDAY BRIEFING: Morrison Sales Continue To Decline

Read more
7 May 2015 10:26

WINNERS & LOSERS: Morrisons Sales Decline Sinks Shares

Read more
7 May 2015 10:22

TOP NEWS: Morrisons Sales Fall As New CEO Begins Turnaround

Read more
7 May 2015 09:36

Millenium & Copthorne profits suffer from New York labour negotiations

First-quarter profits slipped 5% at hotels group Millenium & Copthorne, which argued trading was in line with historically slower trading patterns. Revenues rose 8% to £189m in the three months to 31 March, with revenue per available room up 5.8% to £61.60 on the same period last year. Chairman Kwe

Read more
7 May 2015 07:53

BUZZ-M&C Hotels: Falls as Q1 disappoints

** Millennium & Copthorne Hotels falls as much as 4 pct, one of the top percentage losers on the FTSE 250 ** Q1 pretax profit down 5 pct, hurt by labour cost pressures in New York and labour shortages in Singapore ** RevPAR growth of 2.6 pct on a constant currency basis which is slowe

Read more
7 May 2015 07:26

REPEAT: LONDON MORNING BRIEFING: TeleCity Jumps 20% On Takeover Offer

Read more
7 May 2015 07:20

LONDON MORNING BRIEFING: TeleCity Shares Jump 20% On Takeover Offer

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.