Gartmore Group Ltd. News
23-02-2011
The pick of the bunch today is Cable & Wireless Communications, which has gained 7% after selling its operating business in Bermuda for $70m. The telecoms firm will buy back $100m worth of shares following the sale.
23-02-2011
In what is likely to be its last set of results as an independent company, fund manager Gartmore Group revealed the extent to which assets have flowed out of the company.
12-01-2011
Strong financial and mining stocks helped to drive the top share index higher Wednesday, while M&A activity and company updates had some FTSE 250 constituents soaring.
12-01-2011
Trendy fashion retailer SuperGroup is surging Wednesday following its best ever Christmas, almost doubling retail sales during the nine weeks to 2 January.
12-01-2011
Judging by the share price reaction, the takeover of troubled fund manager Gartmore by rival money manager Henderson Group is a win-win situation.
12-01-2011
Footsie is continuing to keep its head above water, not to mention 6,000, but it is largely thanks to the strength of miners and financial stocks, with the latter in demand after Portugal's bond auction proved relatively successful.
12-01-2011
Miners continue to keep the FTSE 100 in the blue, adding to yesterday's gains, while three stocks in the FTSE 250 are posting triple-digit gains.
12-01-2011
Miners and financial stocks are driving the FTSE 100 higher, while retail updates get a mixed reception.
12-01-2011
London has pushed on again in early dealings with miners leading the way and a mixed morning so far for retailers.
12-01-2011
Fund manager Gartmore Group's ill-starred and brief stint as a publicly listed company is to be brought to an end, with the company's board agreeing to a takeover by rival Henderson Group.
12-01-2011
After yesterday's solid showing London looks to be in consolidation mode with City traders predicting the Footsie will open little changed from last night's close.
20-12-2010
Footsie is still hovering around 5,900 points following a mixed start on Wall Street.
20-12-2010
The London Stock Exchange Group is among the high risers in the index Monday afternoon after yesterday's bid speculation in the Sunday Times.
09-11-2010
A US presidential commission investigating the Gulf of Mexico oil spill disaster has found no evidence to support charges that BP and its rig partners put profits ahead of safety.
08-11-2010
Shares were on balance slightly lower as trading closed, with investors continuing to pause for breath following the strong gains seen last week on the back of the renewal of quantitative easing in the US.
08-11-2010
Gartmore is sharply lower following news the troubled fund manager has launched a strategic review of its entire business after two of its top fund managers decided to quit.
08-11-2010
The Footsie drifted lower over the lunchtime session, hitting a new low for the day, as the afterglow of the Fed's quantitative easing boost begins to fade. There was also an element of caution ahead of this week's Group of 20 meeting in South Korea.
08-11-2010
Leading shares are mixed but still trending lower, with cautious investors banking a few profits after the UK market rose more than 3% last week.
08-11-2010
Leading shares are mixed but with a lower bias, with cautious investors banking a few profits after the UK market rose more than 3% last week.
08-11-2010
After the tumultuous events of last week London has paused for breath, with Footsie making only slight gains early on.
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