London midday: Sports Direct, Burberry and Tesco lead markets higher
16th Apr 2014 11:30
- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45% FTSE 100 6,562.09 +0.31% FTSE 250 15,694.83 +0.67% A recovery by so-called 'momentum' stocks and a
Read moreLondon open: Stocks bounce off three-week low as Tesco gains
16th Apr 2014 08:42
- Tesco, Hargreaves, Burberry and Persimmon rise after updates - Momentum shares bounce back after recent falls - Chinese data mixed, growth slows - Global economic data in focus today techMARK 2,648.70 +0.68% FTSE 100 6,577.56 +0.55% FTSE 250 15,701.67 +0.71% UK stocks rose strongly on Wednesday
Read moreSSE appoints BAE Finance Director as a director
4th Apr 2014 11:16
Gas and electricity supplier SSE has appointed Peter Lynch as a non-executive director of the group and will join the board on July 1st. Lynas is currently Finance Director of BAE systems the FTSE 100-listed aerospace and security company. As announced on March 11th 2014, non-Executive Directors S
Read moreXaar Finance Director builds stake after cautioning on growth
28th Mar 2014 15:48
The Finance Director of Xaar Group this week acquired an additional 4,610 shares, boosting his stake by around a tenth. Alex Bevis, who joined the company three years ago, spent 850.61p on each of the shares, spending a total of £39,213. His purchase comes just a week after the group cautioned t
Read moreFTSE 100 movers: Resolution falls on broker downgrade
19th Mar 2014 15:45
Legal and General fell sharply after Osborne announced in today's Budget that there will be a "radical change" to the pension system, as a result of which half a million people will no longer have to buy an annuity, Elissa Bayer, Senior Investment Director at Investec Wealth & Investment explained.
Read moreLondon close: Markets higher after Putin signs Russia-Crimea treaty
18th Mar 2014 16:50
- Putin says not interested in break-up of Ukraine - Russia to incorporate Crimea - Antofagasta down despite tripling expectations for dividend - Resolution sinks sharply as founders step down - ASOS, Speedy Hire plummet after updates techMARK 2,801.57 +0.19% FTSE 100 6,601.92 +0.51% FTSE 250 16,35
Read moreFTSE 100 movers: Resolution drops sharply despite annual profit jump
18th Mar 2014 13:06
Insurance group Resolution Limited fell sharply on Tuesday after underwhelming investors as it marked the end of its three-year restructuring programme with a big jump in profits in 2013. Resolution, which was set up as an insurance buyout and restructuring group in 2008, also announced that two of
Read moreLondon midday: Stocks erase losses as Russia accepts Crimea vote
18th Mar 2014 12:10
- Stocks jump after Putin comments - Russia to incorporate Crimea - Antofagasta, Sainsbury choppy after results - Resolution sinks sharply as founders step down - ASOS, Speedy Hire plummet after updates techMARK 2,790.58 -0.20% FTSE 100 6,590.24 +0.33% FTSE 250 16,255.78 -0.26% UK stocks had erase
Read moreLondon open: Stocks fall ahead of Putin speech on Crimea
18th Mar 2014 08:32
- Markets await comments from Putin on Crimea, sanctions - Antofagasta rises after 2013 results, Sainsbury gains - Resolution founders to step down - ASOS, Speedy Hire plummet after updates techMARK 2,789.35 -0.24% FTSE 100 6,551.61 -0.25% FTSE 250 16,261.53 -0.22% Following Monday's respite from
Read moreFriday newspaper round-up: BP, Daisy Group, RBS
14th Mar 2014 07:22
Oil giant BP has reached an agreement with the US environmental Protection Agency (EPA) over the firm's 'blacklisting' following the 2010 Gulf of Mexico oil spill. The firm had argued that it lost out on billions of dollars' worth of contracts while at the same time being prevented from new explorat
Read moreBAE awarded US space radar contract extension
24th Feb 2014 16:54
BAE Systems has been awarded a three year contract extension to continue maintaining space radars used by the US Air Force Space Command for missile warning and space surveillance operations. The award is a continuation of work that BAE Systems has been performing for the program since 2007, and r
Read moreFTSE 100 movers: Vodafone rises after completion of share consolidation
24th Feb 2014 14:17
Vodafone shares were higher following the completion of the sale of its stake in Verizon Wireless and the attendant share consolidation. The sale has reduced the value of the telecoms giant by nearly 51bn pounds. The firm also announced its intention to redeem approximately 3.5bn pounds of its own n
Read moreLondon close: Stocks end week on a high
21st Feb 2014 16:20
- FTSE closes up 25 points - Retail sales come in below expectations - US home sales fall 5.1 per cent in January techMARK 2,891.86 +0.55% FTSE 100 6,838.06 +0.37% FTSE 250 16,460.88 +0.56% It was a strong finish for the FTSE today, despite retail sales showing a sharp drop for January. The FTS
Read moreShire Chairman sells shares following 'excellent' 2013 results
21st Feb 2014 15:26
Shire's Chairman, Matthew Emmens, has sold 36,100 shares in the biopharmaceutical company following its 'excellent' results for 2013. Emmens disposed of the shares at 3,314.85p each for a total of just under £1.2m shares. After a pick-up in earnings growth in the fourth quarter, the group beat f
Read moreFTSE 100 movers: BAE recovers after sharp declines
21st Feb 2014 14:26
BAE Systems was regaining some of yesterday's heavy losses, rising into the stop spot by this afternoon. The group suffered a sharp decline on Thursday after it warned that profits could fall by up to 10 per cent on the back of pressures on US government spending, and despite reporting a three per c
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