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Majestic dismisses Continental threat
13 Nov 2006 source: thisismoney.co.uk

Jim Armitage, Evening Standard13 November 2006 The chief executive of Majestic Wines today poured scorn on claims that Brits would soon be able to buy cigarettes and alcohol online from the Continent without having to pay duty. VERY PLEASED: Chief executive Tim How WANT TO KNOW MORE? The half-price wine 'rip-off' Is wine a corking investment? OTHER STORIES BT to hire 6,000 in India Market report: Monday latest Sunday newspaper share tips Amec blocks private equit ...


London shares firmer midday, off highs, fuelled by M&A; Wall Street seen flat ...
13 Nov 2006 source: iii.co.uk

LONDON (AFX) - UK blue chips pared gains but remained higher at midday ahead of an expected flat open on Wall Street, with US stocks lacking direction amid an empty economic data calendar, while a number of London shares enjoyed speculative gains, dealers said. At 11.46 am, the FTSE 100 index was 4.6 points firmer at 6,213.0, having earlier hit a midmorning high of 6,239.8, while the broader indi ...


UK small caps advance at midday, nearing session highs, DA gains on ITV contract ...
13 Nov 2006 source: iii.co.uk

LONDON (AFX) - UK small caps advanced at midday, tracking gains across the wider market and nearing session highs, with contract wins lifting shares in DA Group and Focus Solutions, while M&A activity also lent support, dealers said. At 11.57 am, the FTSE Small Cap index was 5.8 points stronger at 3,684.7, nearing session highs of 3,685.1, while the FTSE 100 shed 1 point at 6,207.4. Among th ...


Paris shares up in midday trade; Alstom gains after H results, raised guidance ...
13 Nov 2006 source: iii.co.uk

PARIS (AFX) - Share prices were up somewhat midday, boosted by Alstom's good first half results and some bullish broker notes, dealers said. At 12.11 pm the CAC-40 index was up 43.09 points or 0.79 pct at 5,490.59. Volume was 1.33 bln euro. On the Matif, November CAC-40 futures were trading up 45.5 points at 5,483.0. The euro was at 1.2843 against the dollar, little changed from 1.2864 earlier ...


HSBC says Q3 profit at US consumer lending arm more than doubled ...
13 Nov 2006 source: iii.co.uk

LONDON (AFX) - HSBC Holdings PLC, the UK's biggest bank, said pretax profit at its US consumer lending arm more than doubled, helped by stable bad debt charges. The company said HSBC Finance Corporation, formerly known as Household, had a pretax profit for the three months to Sept 30 of 878 mln usd, up from 421 mln usd in the same period last year. Total income from lending was up 20 pct on the  ...


London shares continue strongly midmorning, bolstered by a raft of M&A activity ...
13 Nov 2006 source: iii.co.uk

LONDON (AFX) - Leading shares continued strongly midmorning, with speculative gains in Resolution, ITV and Scottish Power countering further weakness across the mining sector and keeping the FTSE 100 in positive territory, dealers said. By 10.22 am, the FTSE 100 index was up 24.7 points at 6,233.1, while the broader indices were also firmer at the open. Volume was average, with 657.6 mln shares  ...


NTL LInes up former C4 boss
13 Nov 2006 source: manchesteronline.co.uk

NTL will ask former Channel 4 boss Michael Jackson to run ITV if a £5b takeover of the commercial broadcaster is successful. The Wilmslow-based company has raised £6m via a new shares placing to fund its growth plans. Bosses are in advanced takeover talks with two UK firms and have begun discussions with two other targets, including one in the north west. They are also understood to be eyeing a  ...


Air-con group's £6m warchest
13 Nov 2006 source: manchesteronline.co.uk

Mark Worthington and David LevisWORTHINGTON Nicholls, the air-conditioning installer which floated on the stock market earlier this year, plans a buying spree which could see the group double in size. The Wilmslow-based company has raised £6m via a new shares placing to fund its growth plans. Bosses are in advanced takeover talks with two UK firms and have begun discussions with two other targets, including one in the north west. They are also understood to be eyeing a swoop in Germany as the  ...


Tesco Prunella champions small stores
13 Nov 2006 source: thisismoney.co.uk

Beth Hale. Daily Mail13 November 2006 As the elderly bargain hunter Dotty Turnbull, she helped Tesco become Britain's biggest supermarket chain. WANT TO KNOW MORE? SPECIAL REPORTS: Supermarket watch MORE: The story of Tesco QUIZ: The supermarkets OTHER STORIES Credit card charges to rise End of the booze cruise? Market report: Monday latest Farepak boss finally says sorry Mil ...


UPDATE: Alstom Profit Jumps 67%; Expects To Beat Sales, Margin Targets ...
13 Nov 2006 source: morningstar.com

LONDON (Dow Jones) -- French engineering group Alstom on Monday reported a 67% jump in first-half net profit, driven by strong demand in the power market, and said it expects to beat its profitability and sales targets. Alstom, which specializes in building power plants and trains, said its profit for the six months ending Sept. 30 rose to 227 million euros ($292 million), from 136 million euro ...


 

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