Tue, 16 Mar, 2010

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Sun, 14 Mar, 2010
As one analyst said last week, "at last BP has bought a ticket to the carnival". The carnival he was referring to was, of course Brazilian oil. Most oil majors have a presence in the deep-water prospects in the area - with BP conspicuous by its absence.
Fri, 12 Mar, 2010
Funeral group Dignity's shares have jumped by just 10% the past year, suggesting they are fairly valued, trading on a 2010 price-to-earnings ratio of 15.5 times.
Thu, 11 Mar, 2010
Joint broker Investec — which is not pencilling-in a dividend for the foreseeable future — believes that Inchcape's pre-tax profits will rise to £165 million this year, putting the shares on a multiple of just over 11 times. That feels a little rich for a motor retailer. Even if you applied it to Investec's ambitious earnings target of £215 million pre-tax in 2012, that only gets us to a longer-term share price of about 35p. At 28¼p, pass, says the Times.
Wed, 10 Mar, 2010
International Power's attraction is that it is well placed to take advantage of short-term improvements in power prices.
Tue, 09 Mar, 2010
Recent full-year results from Capita were decidedly mixed - with the market particularly concerned about a slowdown in organic growth at the company in 2009 and 2010.
Sun, 07 Mar, 2010
Animalcare is ideally placed to take advantage of this trend. Formed in 2008 from the merger of a pet drugs business and a farm animal enterprise, the firm has three main divisions --medicines for pets, medical products for pets (such as injections, bandages and drips) and identity tags for pets and farm animals.
Fri, 05 Mar, 2010
The stock market may still be one fifth below its record high, but Schroders has surpassed its turn of the century peak. Yesterday's full-year results from the FTSE 100 fund manager revealed that its total assets under management had risen to £148bn.
Thu, 04 Mar, 2010
It's ten years since Carillion was spun off from Tarmac and two years since it formally dropped out of the FTSE construction sector. Yesterday's full-year results showed that Carillion generated £118m of profits in 2009 from support services, up from £20m ten years ago and accounting for more than half the group total.
Wed, 03 Mar, 2010
With every one cent decline in the pound against the US dollar adding £400,000 to defence group Meggitt's prospective pre-tax profits, currency moves alone have been enough to send current-year forecasts higher.
Tue, 02 Mar, 2010
In common with its sector, underwriter Amlin will struggle to replicate 2009's strong investment returns. With about half its portfolio sitting in short-dated government bonds or cash, the best hope lies with the company's ability to take advantage of any rise in interest rates.
Sun, 28 Feb, 2010
For income investors, Royal Bank of Scotland's inability to pay dividends due to EU state aid rules makes it far from attractive, but for those prepared to take a long-term view and hitch a ride alongside the UK government, then the stock could make an interesting addition. Buy says the Telegraph.
Fri, 26 Feb, 2010
Bingo club owner Rank's chief executive, Ian Burke, put his money where his mouth is by buying £100,000 worth of shares yesterday, demonstrating his confidence in the business.
Thu, 25 Feb, 2010
Investors have applauded Henderson's New Star deal, more than doubling the share price from 50½p in January 2009 to yesterday's close of 122.1p. The price has eased since January amid predictions of a forthcoming market correction and renewed worries that a double-dip recession will weaken consumer confidence. A buy for economic bulls, according to the Times.
Wed, 24 Feb, 2010
Chemicals group Croda is emerging from recession with earnings nearly twice the level they were when it went in. Strong profit growth has also pulled net debt down by £110m to £289m.
Tue, 23 Feb, 2010
Hammerson, the FTSE 100 shopping centre owner behind the Bullring, in Birmingham, and Brent Cross, in North London, disclosed that it has restarted new development activity — perhaps the clearest sign yet that it believes the extraordinary turmoil of the past three years is over.
Fri, 19 Feb, 2010
BAE Systems shares are trading on a December 2010 earnings multiple of just 8.5 times, which is a discount to US peers.
Thu, 18 Feb, 2010
Rexam's core canning business stabilised in the final months of 2009, with European can volumes flat year-on-year in the last three months of 2009 after high single-digit declines in the first nine months.
Wed, 17 Feb, 2010
Hovis owner Premier Foods declined to offer any guidance yesterday on when it will resume dividend payments, which it suspended in November 2008. It also has a sizeable pensions deficit and its current servicing costs will increase by £10m in 2010.
Tue, 16 Feb, 2010
Yesterday's confirmation that BAE Systems has failed to win the follow-on contract for the US Medium Tactical Vehicles (MTV) programme sounds like bad news, particularly as it will leave a £592m impairment in its annual accounts, to be published on Thursday.
Sun, 14 Feb, 2010
There are uncertainties over the gold price because of recent strength in the dollar. If there are any more debt crises in southern Europe then the US currency is likely to continue to strengthen.
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