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Lloyds Bank shareholders back rights issue

The Lloyds Bank rights issue was strongly backed by shareholders with 87% of the shares taken up by the close of the offer last Friday.

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Supermarkets Tesco and Sainsburys to issue trading updates

Both Tesco and Sainsburys supermarkets are due to issue trading updates next week and it will be interesting to see how they are fairing during this credit conscious time.

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Tesco trading update shows UK retail sales up 4.3%

A Tesco trading update for the first quarter was issued today, reporting a solid start in the UK with like-for-like retail sales up 4.3%.

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Sainsburys growth beats Tescos

Sainsburys issued a trading statement today and sales are up 7.8%, beating the Tescos growth announced yesterday of 4.3%.

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Coffee Republic shares suspended

Coffee Republic, one of the UK's leading coffee chains, is close to going into administration and its shares on AIM (the Alternative Investment Market) have been suspended.

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Coffee Republic is placed into administration

Further to our report yesterday that Coffee Republic shares had been suspended, it's now been confirmed that this UK coffee chain has been placed into administration.

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Company results and updates for w/c 20 July 09

A review of some of the FTSE 100 company results and updates planned for next week - Domino's Pizza, GlaxoSmithKline, Carphone Warehouse and Vodafone - including latest share prices.

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Update on Company results and updates for w/c 20 Jul 09

Our article on Company results and updates for w/c 20 Jul 09, considered some of the key points expected and a view on whether the shares were a hold, buy or sell. Now an update on the companies...

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Sir Win Bischoff to be next Lloyds Banking Group chairman

Sir Win Bischoff is to be the next chairman of Lloyds Banking Group, taking control in September from Sir Victor Blank.

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BT announces better than expected results but is it time to sell BT shares?

BT, the telecoms giant, today announced better than expected results but at 45% down, is it time to sell BT shares?

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Lloyds looks at HBOS for £4bn loss

Lloyds Banking Group today announced an underlying loss of £4bn for the first half year and looks to point the blame on HBOS.

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Whitbread share price up on positive trading statement

The Whitbread share price is up today as the company reported its trading performance for the 24 weeks to 13 August 09, with overall sales for the period up 2.4%.

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Waitrose sales up but John Lewis sales slide

The John Lewis Partnership today reported interim results of sales 3.5%, but this comprised Waitrose sales up 7.4%, offset by sales at John Lewis down 2.9%.

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New investment bond from Nationwide

Nationwide has launched a new investment bond, the Legal and General Portfolio Bond, offering a regular withdrawal facility to provide income.

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Marks and Spencer share price falls even though sales up

Marks and Spencer has issued its Q2 Trading Statement, reporting Group sales up 2.7% and overall reported better than expected sales figures but even so the Marks and Spencer share price has fallen...

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Sainsbury shares, Tesco shares - hold, buy or sell?

Sainsburys today announced a sales increase for Q2 of 4.6%, excluding petrol and VAT. This follows the announcement by Tesco of a 2.1% sales increase, but is it a case of hold, buy or sell Sainsbury...

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Burberry beats second quarter forecasts

Burberry has today announced second quarter revenue results which beat analyst forecasts, helped by demand for its luxury handbags.

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Lloyds Banking Group rights issue raise share price

Lloyds Banking Group this morning announced the UK's biggest rights issue, selling its shares at almost a 60% discount.

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Barclays Wealth reissues Super Tracker and Regular Income Bond products

Global wealth manager Barclays Wealth has announced it is reissuing its Super Tracker and Regular Income bond products with improved rates.

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