Investments and investor services
Small cap shares ease lower after mixed day
The FTSE 100 Index made small gains but the small-cap benchmark eased lower
Company
Premier Foods
LON:PFD
Premier Foods manufactures a range of branded and own-label products across many food categories. Premier’s principal markets are the United Kingdom’s major food retailers, wholesalers and convenience stores, foodservice customers and food manufacturers.
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Stocks hold on to meagre gains as tourism stocks rally
Miing royalty company Anglo Pacific was among the top small-cap risers, but was put in the shade by bid stock Premier Foods
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Main share price risers and fallers in London at 3.45pm
Premier Foods PLC rejects offers from McCormick, to ally with instant noodle maker
New York-listed spices group McCormick made indicative offers worth 52p and 60p
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FTSE 100 roars back after Draghi brings the cavalry again
UK equities were in good shape even before ECB president Draghi started sweet-talking the market
FTSE100 stands firm against the global rout
The benchmark FTSE 100 Index climbed 21 points to 5,696
Investments and investor services
London market dips after overnight US and Asia woe
The Footsie drifted 6.23 points to 5667 after losses in Shanghai and on Wall Street
Thursday's agenda - Mothercare among those reporting
A plethora of interims awaits investors tomorrow, including from South Africa based investment bank Investec and baby retail specialist Mothercare (LON:MTC).
Risers and Fallers: Lonmin, Speedy Hire, Experian, Drax, Kuala and Sovereign Mines
Below are the main news-driven share price movements at 4pm.
Premier Foods surges as sales sweeten
Premier Foods shares soared almost 18% in early deals as the FTSE250 Mr Kipling and Bisto gravy maker unveiled its first quarterly sales rise in two years, demonstrating that its turnaround strategy was taking hold.
Premier Foods' sales drop in first quarter
Grocery sales dropped despite gravy brands Bisto and Oxo performing well,
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Broker spotlight, including Supermarkets, Premier Foods and Hummingbird Resources
City firm Investec reckons Premier Foods (LON:PFD) is tasty and has upgraded the share to 'buy' from 'hold'. It also punts up the target price a tad - to 51p from 47p each.
Investments and investor services
FTSE 100 opens higher as all eyes turn to the Fed
The FTSE 100 was 15 points higher to 6,729 led higher by housebuilder Persimmon
Footsie closes down ahead of Fed statement
US shares moved higher as investors look to the Fed statement