Flat start for FTSE as Eurozone GDP figures released
14th Feb 2014 07:14
- US data comes in below expectations - All eyes on Eurzone Q4 GDP figures - Flat state expected on FTSE A flat start is expected on today's FTSE as investors weigh up poor data from the US with expectations for today's Eurozone gross domestic product (GDP). Data out yesterday showed that US reta
Read moreAnglo American's annual profits boosted by currency gains
14th Feb 2014 07:08
- Operating profit rises on currency gains - Earnings fall on lower prices - Safety issues impact production at Kumba - Headwinds to continue in 2014 Anglo American reported a six per cent increase in 2013 underlying operating profit to 6.6bn dollars as currency gains offset falling commodity price
Read moreFriday preview: Anglo American reports annual results
13th Feb 2014 14:19
Anglo American reports its annual results on Friday following a year of cost cuts amid falling commodity prices. The FTSE 100 miner has consolidated its nine export and marketing offices into two regional hubs and reviewed all its sales activities in an effort to boost earnings. This has resulte
Read moreUK markets snap six-day winning streak after blue-chip profit warnings
13th Feb 2014 11:59
- Stocks snap six-day winning streak - Tate & Lyle, Rolls-Royce issue profit warnings - Lloyds underwhelms with higher profits in 2013 - Miners fall, AMEC and Imperial rise techMARK 2,811.28 -0.70% FTSE 100 6,624.61 -0.76% FTSE 250 15,968.13 -0.69% UK stocks opened firmly lower on Thursday after a
Read moreFootsie flat as MPC raises GDP forecasts sharply
12th Feb 2014 17:26
- Stocks track mixed performance on Wall Street - Sterling and long-term yields rise after Inflation Report - Market commentary divided on outlook for Bank Rate - Insurers and miners lead gains techMARK 2,831.18 -0.18% FTSE 100 6,675.03 +0.04% FTSE 250 16,079.18 +0.01% Stocks underperformed equity
Read moreUK stocks hold gains despite complex new forward guidance from BoE
12th Feb 2014 12:02
- Carney revamps forward guidance - BoE focusing on 'spare capacity' in economy - Bank Rate to rise only gradually when tightening is needed - Morrisons in buyout talks with private-equity firms techMARK 2,824.49 -0.42% FTSE 100 6,683.78 +0.17% FTSE 250 16,060.03 -0.11% UK stocks held on to small
Read moreUK stocks flat ahead of Inflation Report, Morrisons gains
12th Feb 2014 08:24
- Markets await Inflation Report, forward guidance in focus - Yellen still in focus after taper comments - China trade surplus widens unexpectedly - Morrison gains on private-equity buyout hopes techMARK 2,826.88 -0.34% FTSE 100 6,678.65 +0.09% FTSE 250 16,076.98 -0.01% UK stocks opened more or le
Read moreSunday newspaper round-up: Barclays, RSA, Vodafone
9th Feb 2014 09:06
Barclays is preparing to cut its investment bank by a fifth to appease the Bank of England (BoE), the Sunday Times reported. Chief Executive Antony Jenkins will announce the plan to sell £150bn of assets and slash annual costs by £1.7bn with the bank's full-year results on February 11th. The investm
Read moreLondon open: Stocks higher after five-day losing streak
5th Feb 2014 08:25
- Upside limited ahead of data, policy decisions - Hargreaves Lansdown drops after H1 results - RSA appoints Stephen Hester as CEO techMARK 2,762.78 +0.61% FTSE 100 6,471.41 +0.34% FTSE 250 15,594.12 +0.35% UK markets opened slightly higher on Wednesday morning after five straight days of declines
Read moreAmplats to contribute 175m pound profit to Anglo American for 2013
3rd Feb 2014 12:57
Anglo American will report a contribution to underlying earnings for its full year ended December 31st from its stake in Anglo American Platinum of 175m pounds. The figure included a tax credit of £115m and a £64m gain linked to restructuring costs - net of taxes - included in the headline profit
Read moreThursday tips round-up: Sainsbury, Miners
30th Jan 2014 07:21
Incoming Sainsbury Chief Executive Officer (CEO) Mike Coupe, who takes over from Justin King, faces a daunting task at the supermarket. Not as much is being asked of him as was of Tesco boss Philip Clarke, who took over from Terry Leahy, but the challenge set out before him daunting enough. The UK
Read moreAnglo American reports rise in fourth quarter production
29th Jan 2014 18:28
- Q4 production rises across most commodities - Sishen mine constrained by waste material - Exploration expenditure falls Anglo American reported an increase in fourth quarter iron ore, copper, nickel and thermal coal production. On average its full-year production figures beat both its own guidanc
Read moreLondon close: Stocks swing into the red as investors weigh emerging markets, Fed
29th Jan 2014 17:00
- Stocks swing sharply into red in afternoon trade - Renewed EM currency volatility follows rate hikes - Wall Street lower ahead of Fed decision - Miners rise after strong updates, Sainsbury boss exits techMARK 2,768.00 -0.48% FTSE 100 6,544.28 -0.43% FTSE 250 15,688.31 -0.18% Market volatility re
Read moreSector movers: Miners gain after updates from Antofagasta, Anglo and Randgold
29th Jan 2014 15:21
Mining stocks managed to hold on to gains on Wednesday afternoon despite the wider market sell-off after some well-received production updates from a number of blue-chip metal producers. As stocks across the globe were pressured lower by continued concerns over the emerging markets ahead of the Fed
Read moreFTSE 100 movers: Miners rise on strong updates
29th Jan 2014 15:10
Chilean miner Antofagasta raced to the top of the leaderboard today after it reported a record year of copper production for 2013, supported by a strong output performance in the fourth quarter and despite predictions 2014 production is set to drop. The stock was helped even higher after analysts at
Read more