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Costain FY profit up 50%, share price rises

Shares in Costain were up on the FTSE All Share in morning trading after the construction group reported a rise in pre-tax profit in the full year ended 31 December 2010.
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Old Mutual share price up as FY profits rise

Shares in Old Mutual were up on the FTSE 100 in afternoon trading after the financial services company reported a rise in pre-tax profit in the full year ended 31 December 2010.
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Pace group shares sink despite profit rise

Shares in Pace Group fell on the FTSE 250 in afternoon trading despite the technology company reporting a rise in revenue and pre-tax profit in the full year ended 31 December 2010.
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Tullet Prebon FY profits dip, shares lose 5%

Shares in Tullett Prebon were down on the FTSE 250 in afternoon trading after the financial services company reported a fall in revenue and pre-tax profit in the full year ended 31 December 2010.
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London’s House Price Gains and the Lettings Market

December 2010 saw UK average house prices falling by 0.2% on the previous month for the fourth month in a row. By contrast, London property prices rose by 1% and were up 6.2% up overall on December 2009. In some areas, property prices had risen by more than 10% and the market is now suffering an acute shortage of supply. Some estate agents claim there is now a ratio of five buyers to every one available property within the capital.
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UK Company Insolvency: More Threats This Year

Business rescue professionals are concerned the UK economy still continues to present risks to the financial health of a large number of UK firms. Figures released for the final quarter of 2010 demonstrate that more firms went into administration than during the previous quarter.
Stagecoach

Stagecoach revenue and shares rise

Shares in Stagecoach were up on the FTSE 250 in afternoon trading after the transport group reported a rise in revenue in the 40 weeks ended 6 February 2011.
Employee counts U.S. dollar at money changer in Jakarta

Is the dollar’s role slipping?

During the height of the financial crisis, the U.S. dollar spiked as investors fled to the quality and safety of what is considered to be the world's reserve currency. Peaking in March 2009, the dollar has had but one strong rally since. That occurred in late spring 2010 as worries that the U.S. might experience a double-dip recession heightened. As equities were sold investors once again plowed into the valued destination of the dollar. In both instances the dollar's store of value be...
Chief Executive of WPP Group Martin Sorrell speaks at the Institute of Directors IOD annual convention in London

WPP profits jump, shares dip

Shares in WPP were down on the FTSE 100 in morning trading after the advertising group reported a rise in revenue and pre-tax profit in the full year ended 31 December 2010.
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Cobham FY profit rises, shares up

Shares in Cobham were up on the FTSE 250 in afternoon trading after the defence company reported a rise in revenue and pre-tax profit in the year ended 31 December 2010.
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Balfour Beatty FY profit, shares rise

Shares in Balfour Beatty were up on the FTSE 250 in afternoon trading after the construction company reported a rise in revenue and pre-tax profit in the full year ended 31 December 2010.
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Serco FY profit rises, share price up

Shares in Serco were up on the FTSE 100 in afternoon trading after the service company reported a rise in revenue and pre-tax profit in the year ended 31 December 2010.