Shares News

LONDON (Reuters) - Technology development firm BTG said on Monday it planned to start an intermediate Phase II clinical trial of its biggest project hope, a treatment for varicose veins, without a partner. BTG (BGC.L: Quote, Profile, Research) had said previously it hoped to sign a partnership deal for its Varisolve treatment before starting a Phase II trial in the United States. "The company n ...

LONDON (Reuters) - The FTSE 100 rose on Monday, rebounding from last week's 1 percent fall, with resurgent bid talk swirling through the market, but a trading statement from Lloyds TSB failed to inspire investors. By 8:22 a.m., the FTSE 100 was 43 points, or 0.8 percent higher at 5,640.4 points having fallen 21.9 points on Friday. A global equity sell-off since mid-May has seen the FTSE fall as much as 11 percent from a five-year high set in April above 6,100 points. The index steadied after  ...

By Tarmo Virki and Georgina Prodhan HELSINKI/FRANKFURT (Reuters) - Nokia (NOK1V.HE: Quote, Profile, Research) and Siemens (SIEGn.DE: Quote, Profile, Research) have agreed to combine their telecom equipment units in a deal creating one of the biggest players in the industry, the companies said on Monday. Shares in both companies surged on the news, with Siemens climbing more than 7 percent. The firms said the businesses to be joined in the 50-50 joint venture called Nokia Siemens Networks ha ...

LONDON (Reuters) - The top share index rose on Monday, rebounding from last week's 1 percent fall, with resurgent bid talk swirling through the market, but a trading statement from bank Lloyds TSB failed to inspire investors. By 8:22 a.m. British time, the FTSE 100 was 43 points, or 0.8 percent higher at 5,640.4 points having fallen 21.9 points on Friday. A global equity sell-off since mid-May h ...

Majestic Wine has reported a jump in annual profits, boosted by a strong rise in the sale of fine wines. The UK's biggest wine warehouse chain said its pre-tax profits rose 10% to £14.5m ($27m) for the year to 27 March. Majestic said sales of fine wines increased by 30% during the year, with demand for wines from Burgundy, Spain and South America particularly strong. The company, which run 129 outlets across the UK, said sales of champagne also performed well. "We believe Majestic is in ...

LONDON (Reuters) - Majestic Wine said on Monday sales had accelerated in the first 11 weeks of its new financial year, as it posted a 10 percent rise in annual underlying profit. Majestic Wine (MJW.L: Quote, Profile, Research) , which operates Britain's biggest chain of wine warehouse stores, said like-for-like UK sales were up 8.6 percent in the 11 weeks to June 12, up from a 3.8 percent rise in the year ended March 27. Profit before tax, exceptional items and goodwill was 14.5 million pounds ...

HONG KONG (Dow Jones) -- Markets in Asia kicked off Monday with a slight dip, as buying momentum cooled following a late-week rally and reports that North Korea was preparing a long-range missile test put investors in a cautious mood that sent Japanese financial and exporter stocks on a downward track. The benchmark Nikkei 225was down as much as 0.63%, or 93.48 points, to 14, 785.86. The Topix  ...

Toby Walne, Financial Mail19 June 2006 AS shares continue their wild rollercoaster ride, Financial Mail takes a look at some of the alternatives to traditional shares. A NEST EGG ON WHEELS: Gordon Ager has a 1937 Riley Lynx convertible OTHER STORIES Market Report: Friday close Top five defensive picks Few friends but Misys has allure Sunday newspaper share tips World Cup betting fever kicks in THE EDITOR'S PICKS TOP STORY: End of card transfers? TOP TABLES: Be ...