22-05-2012

Yellow Pages publisher Yell has posted a 1.4bn-pound loss for the 12 months to the end of March after writing down goodwill on its US, UK, Spanish, Chilean and Peruvian operations.

16-05-2012

Also covered in the round-up are: Yell, Arden Partners and Source BioScience.

02-04-2012

Yell, the company which publishes the Yellow Pages, has created a new role of Chief Customer Experience Officer to improve customer satisfaction and operational efficiency.

16-02-2012

Paragon Diamonds, Phytopharm, Ingenious Media Active Capital, Symphony Environmental Technologies, Yell Group ...

14-02-2012

UBS has raised its target price for UK lender Barclays by 21% but has maintained its neutral rating on the stock, saying it is "well-positioned but under-earning."

14-02-2012

Prime Markets recommends to sell shares of Yell Group following the Yellow Pages publisher's third quarter update which sent shares tumbling nearly 14% in mid-morning trade.

14-02-2012

- Moody's downgrades six nations, three ratings outlooks cut to negative. - Miners provide a drag in London.

14-02-2012

Revenues at Yell, the company which publishes the Yellow Pages, continued to fall in the final three months of 2011 compared to the same period of 2010.

03-01-2012

A number of European markets were open yesterday and notched up good gains, so London has been playing catch-up this morning.

03-01-2012

A survey of ten leading market commentators by a national newspaper revealed that only one pundit was expecting Footsie to end 2012 below the level it started at, and although it is a marathon not a sprint, the year has at least got off to a good start, with the blue-chip index racing ahead, paced by miners.

03-01-2012

Yellow Pages publisher Yell has appointed Matt Anderson to the new role of chief strategy and business development officer.

19-12-2011

The Footsie pared gains and was trading flat by midday with banking stocks providing a drag ahead of the government's response to Sir John Vickers' report into banking.

19-12-2011

Economic data is proving a drag on sentiment in London, with gloomy news on consumer sentiment from the Bank of England and bad news for house sellers in England and Wales from the Rightmove property listings web site.

19-12-2011

Shares in Yellow Pages publisher Yell Group roared higher on Monday morning after its lenders agreed on amendments to financing.

27-11-2011

"Lloyd's Banking Group is steeling itself for a heavy loss as it prepares to offload a £1bn package of rotten property loans to private equity. On Wednesday, Lloyds will take final bids for Project Royal, a selection of loans made against unloved industrial sites and commercial buildings across Britain. The Cube, a distinctive block of flats and shops in Birmingham, is one of the better properties in the portfolio. Three American private equity firms — Cerberus, Colony Capital and Lone Star — are understood to be in the running for the deal. Sources close to the talks said Lloyds would have to take a "haircut" of about 40% — meaning a loss of £400m. However, the deal could still work in its favour as onerous new capital rules mean that banks have to hold big cash cushions against difficult loans. Lloyds is keen to conclude the sale by Christmas and may pick a preferred party as soon as this week. (...) Lloyds inherited £24 bn of troublesome loans when it rescued HBOS. It is expected to put more big portfolios on the market if Project Royal is a success," reports The Sunday Times.

16-11-2011

David Cameron faced a deepening rift with Germany over the future of Europe last night, while at home Nick Clegg scorned the Prime Minister for his hopes of looser links with Brussels. (...) Mr Cameron plans to visit Brussels as well as Berlin on Friday to argue the case for new protections for the City from EU directives. He will seek clarity from Herman Van Rompuy, the European Council President, on whether a new EU treaty will be required for the 17 Eurozone countries to forge closer fiscal links. A new treaty would require UK approval, although most Eurozone countries want to agree new rules among themselves, which would avoid the need for an Irish referendum, writes The Times.

15-11-2011

A round-up of the biggest director buys today so far.

15-09-2011

Investors in Yell had something to shout about after the Yellow Pages publisher reported progress with its advertising tie-up with operating system giant Microsoft and unveiled an alliance with Netbiscuits, a platform used by businesses to sell their wares on mobile phones and other devices.

12-09-2011

The most sweeping changes to British banking for a generation will land on financiers' desks this morning when a government-appointed taskforce delivers proposals for structural reforms that will be vigorously fought by the City. In a plan to defuse any future financial crisis that is set to be broadly adopted by the Government, Sir John Vickers' Independent Commission on Banking will recommend a ringfence around the high-street arms of banks to protect customers' money from "casino" operations in investment banking, writes the Times.

20-07-2011

Credit Suisse keeps its outperform rating on spread-betting firm IG Group (IGG), but slightly cuts the target price after factoring in lower growth estimates.