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News

The News Channel brings you comprehensive breaking financial news, updated throughout the trading day. See the most relevant stories, regulatory news, economic reports, expert commentary and much more.

  • JD Sports to top profit forecasts

    Friday 09 Jan 2009

    JD Sports Fashion is set to beat full year profit expectations after boosting like for like sales over the crucial Christmas period.

  • Misys prospers in downturn

    Friday 09 Jan 2009

    Financial software firm Misys reported a rise in earnings in the six months to November, helped by customers using its products to control costs amid difficult economic conditions.

  • Jessops' sales rally but margins hit

    Friday 09 Jan 2009

    Camera retailer Jessops' sales picked up over the Christmas period, but heavy discounting meant margins came under pressure.

Market Buzz

Market overview: Flat finish for FTSE 100
Thursday 08 Jan 2009

1630: Close Footsie finished flat after recovering from heavy losses that came on the back of the 0.5% interest rate cut and a poor showing on the US.

Data search specialist Autonomy went well after saying it expects to report full year 2008 revenue and profitability above the levels mentioned in its last trading update in October.

Tullow Oil advanced after reporting an oil find in offshore Ghana.


Comment & Analysis

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Small Cap Focus: Constellation remains a t...

Thursday 08 Jan 2009

Constellation Software Inc has not given up on AIM-quoted Gladstone despite its unsuccessful bid and it wants a seat on the board.

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Market Reports

  • London close: Footsie in late fight-back

    Thursday 08 Jan 2009

    Footsie finished flat Thursday at the end of a volatile day that saw shares fall after the 0.5% cut in interest rates and a poor start on Wall Street, then stage a late recovery.

Company News

  • JD Sports to top profit forecasts

    Friday 09 Jan 2009

    JD Sports Fashion is set to beat full year profit expectations after boosting like for like sales over the crucial Christmas period.

Expert Views

Nationalisation at Christmas

Given the desperate state of the UK economy, the Government has decided to introduce some exceptional measures and to extend its nationalisation plans.

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