London open: Stocks rise ahead of data-heavy week
30th Jun 2014 09:06
- Eurozone inflation predicted to remain stable at 0.5% - ECB meeting, US employment report due out later this week - Miners fall but Anglo rises on asset sale rumours techMARK 2,827.12 +0.33% FTSE 100 6,772.40 +0.22% FTSE 250 15,737.98 +0.36% Weakness in the mining sector didn't stop UK stocks fr
Read moreSunday newspaper round-up: Bank Rate, State pensions, Baghdad
29th Jun 2014 18:07
Over the longer-term, say five to ten years, it would be reasonable to expect borrowing costs to rise back to their pre-recesssion levels, of about 5%, but "it's probably quite a long way down the road" outgoing Bank of England Deputy Charlie Bean told Sky News in an interview. That comes after Gove
Read moreLondon open: LSE and bwin.party lead stocks higher, Barclays slumps
26th Jun 2014 08:40
- LSE jumps after $2.7bn purchase of Frank Russell - bwin.party surges on sale rumours - Barclays facing allegations of fraud - Carney in focus amid housing market concerns techMARK 2,802.08 +0.47% FTSE 100 6,743.00 +0.14% FTSE 250 15,529.44 +0.49% Strong gains from London Stock Exchange (LSE), bw
Read moreWednesday tips round-up: Anglo American, BG Group
25th Jun 2014 09:31
South Africa's platinum miners yesterday reached an agreement to end a five-month long labour strike - the third longest in the country's history within that industry. However, while in this instance labour seems to have scored a victory over those who believe in the inevitable march towards increas
Read moreLondon open: UK stocks near two-month low as Iraq fighting escalates
25th Jun 2014 08:32
- Syria carries out airstrikes in Iraq - Ukraine in focus as West considers more sanctions against Russia - US GDP to be revised lower techMARK 2,796.66 -0.44% FTSE 100 6,747.40 -0.58% FTSE 250 15,499.81 -0.30% UK stocks dropped sharply on Wednesday morning with the FTSE 100 trading at levels not
Read moreAMCU signs wage deal to end five-month strike in South Africa
24th Jun 2014 14:12
Members of a South African platinum mining union are expected to return to work on Wednesday after a new three-year wage agreement was signed to end five months of strikes that have crippled the platinum mining industry in South Africa. The Association of Mineworkers and Construction Union (AMCU) h
Read moreAMCU calls end to South Africa platinum mining strike
23rd Jun 2014 22:11
A five-month miners' strike in South Africa could soon come to an end after a union leader announced on Monday that wage disputes were "officially over". The industrial action, which began in January, is estimated to have cost platinum mining groups Anglo American Platinum (Amplats), Impala Platinu
Read moreLondon midday: Stocks fall on Iraq conflict, but Kentz rockets
23rd Jun 2014 12:00
- Iraq tensions push stocks lower as oil rises - Kentz rockets on SNC-Lavalin bid - Mining stocks higher on China data techMARK 2,841.51 -0.68% FTSE 100 6,807.57 -0.26% FTSE 250 15,698.73 -0.59% UK stocks pared losses on Monday morning but were still trading firmly in the red by midday as ongoing
Read moreLondon open: Iraq conflict dampens stocks, but miners gain
23rd Jun 2014 08:31
- Iraq conflict intensifies as rebels take more ground - Mining stocks gain on China data - Shire pulls back after Friday's jump - ASOS warehouse fire dents shares techMARK 2,846.92 -0.49% FTSE 100 6,795.76 -0.43% FTSE 250 15,731.14 -0.38% UK stocks fell on Monday morning as upbeat economic data f
Read moreAmplats, Implats and Lonmin object to new AMCU wage demands
18th Jun 2014 14:46
Apparent progress in negotiations between South African mining unions and platinum producers Anglo American Platinum (Amplats), Impala Platinum (Implats) and Lonmin has been set back by new union demands. An 'in principle' agreement reached between the three platinum producers and Association of Mi
Read moreFTSE 100 movers: Shire rises on reports of bid preparation
17th Jun 2014 15:37
Pharmaceutical group Shire was making gains after Reuters reported that it has hired investment bank Citi as an advisor as it braces itself for takeover bids. The company's Irish tax base and its mid-sized market value of £22bn makes it a prime acquisition target, analysts told the news agency. Whi
Read moreLondon open: Stocks rebound from seven-week low, but Iraq still in focus
17th Jun 2014 08:20
- FTSE 100 rebounds from lowest since April 28th - Iraq tensions continue, US deploys troops - UK inflation data in focus - Shire gains on M&A hopes, Astra also in spotlight techMARK 2,802.94 +0.21% FTSE 100 6,762.27 +0.11% FTSE 250 15,730.40 +0.15% UK stocks rose slightly on Tuesday morning, boun
Read moreEnteq CEO builds stake after posting annual loss
16th Jun 2014 15:38
Enteq Upstream's Chief Executive Officer, Martin Perry, on Friday added £74,000-worth of shares to his stake in the Australia-based group following the release of its full year results the same day. Perry added 200,000 shares at 37p apiece, taking his total to 908,802, or 1.54% of the issued share
Read moreFTSE 100 movers: Precious metals miners lead gains
16th Jun 2014 15:05
Fresnillo, Randgold Resources, Glencore, BHP Billiton and Anglo American were all tracking metals prices higher. Glencore was also lifted by Investec, which moved its target price from 302p to 319p and upgraded the stock from 'reduce' to 'hold'. Driven higher by supply concerns, rising oil prices
Read moreLondon midday: Stocks extend multi-week lows on Iraq fears
16th Jun 2014 11:29
- Stocks inch lower, trading at six-week low - Markets "pause for breath" after sell-off, says analyst - Iraq concerns keep pushing crude prices higher - Smith & Nephew falls on Medtronic-Covidien tie-up techMARK 2,792.67 -0.80% FTSE 100 6,759.65 -0.27% FTSE 250 15,680.35 -0.85% Bargain hunters we
Read more