Sector movers: Banks drop on fears over Portugal's banking sector
10th Jul 2014 14:33
UK-listed banking stocks felt the brunt of the sell-off on Thursday as concerns about Portugal's financial sector prompted investors to scale back risk appetite. The retreat followed widespread pressure across European equity markets after a missed debt payment by Espirito Santo International, the
Read moreLondon midday: Stocks fall for fourth straight day as BoE holds rates
10th Jul 2014 12:20
- FOMC minutes remove taper uncertainty - BoE decides to hold policy - Burberry gains, Barratt and AB Foods give up gains - Financials and airlines fall techMARK 2,759.10 -0.83% FTSE 100 6,659.30 -0.87% FTSE 250 15,358.40 -1.23% After a slow start, UK stocks sunk sharply into the red by Thursday l
Read moreLondon open: Central banks in focus as UK stocks open flat
10th Jul 2014 08:34
- FOMC minutes remove taper uncertainty - BoE policy decision due out at noon - Burberry, Barratt and AB Foods impress - LSE drops as Qatar cuts stake techMARK 2,785.94 +0.14% FTSE 100 6,722.04 +0.06% FTSE 250 15,553.32 +0.02% UK stocks opened more or less flat on Thursday as investors kept a clos
Read moreMonday broker round-up UPDATE
7th Jul 2014 09:26
Balfour Beatty: Berenberg lowers target price from 290p to 280p and retains a buy recommendation. UBS lowers target price from 230p to 225p and keeps a neutral rating. Barclays: Citi lowers target price from 305p to 300p and keeps its sell recommendation. Clinigen: Investec cuts target price from
Read moreSunday newspaper round-up: Shire, Mothercare, Blinkx, Barclays
6th Jul 2014 17:18
AbbVie is expected to make an improved offer for Shire in the next few days after its Chief Executive Rick Gonzalez visited Shire's biggest investors in London, The Sunday Times said. Gonzalez is back in the US mulling his options after having three bid approaches turned down with the most recent va
Read moreHigh street lenders "face complaints over loan letters" - UPDATE
4th Jul 2014 14:05
High street banks have been sending out letters demanding the repayment of overdue loans under the name of in-house solicitors made to appear as third parties, a media report revealed on Friday. The letters are usually sent under a different brand name and a different address to that of the banks,
Read moreBOE sets up data-crunching team "to take wider economic view"
2nd Jul 2014 10:53
The Bank of England (BoE) is creating a "data-crunching" unit to help it form a wider picture of the UK economy, it emerged on Wednesday. The BoE has recruited former Barclays foreign exchange research chief Paul Robinson to head up a small data analysis team, news agency Bloomberg cited a spokesma
Read moreFriday tips round-up: Barclays, DS Smith
27th Jun 2014 10:38
Banks partaking of Barclays' 'dark pool' should have known the risks they were taking. To say that such trading venues are un-transparent simply does not cut it, they are supposed to be, hence the name. Even so, if the allegations brought forward by the New York state attorney-general are correct th
Read moreLondon close: Marginally positive finish for FTSE, led by LSE
26th Jun 2014 16:59
- FTSE closes up 1.5 points at 6,735.12 - LSE, housebuilders lead - Barclays, StanChart slide - US jobless figure in line techMARK 2,802.12 +0.47% FTSE 100 6,735.12 +0.02% FTSE 250 15,646.83 +1.25% It proved to be a turbulent session for London-listed stocks, with the top tier index ultimately clo
Read moreFTSE 100 movers: LSE and housebuilders lead as Barclays slumps
26th Jun 2014 15:53
LSE is spending $2.7bn in cash on buying Frank Russell Company in a deal that will combine the group's Russell and FTSE index businesses. Investors seemingly gave a thumbs up to the acquisition with shares rising strongly despite the announcement that it will be part-financed by a $1.6bn rights issu
Read moreSector movers: Barclays lawsuit and StanChart update sink banking stocks
26th Jun 2014 15:14
Claims of fraud and a disappointing trading update pushed UK banking stocks firmly lower on Thursday. Shares in Barclays plunged after a lawsuit was filed by the New York State Attorney General against the group's "dark pool" trading division. The complaint was made specifically in relation to it
Read moreLondon midday: Markets erase gains as Barclays and StanChart slump
26th Jun 2014 12:12
- LSE jumps after $2.7bn purchase of Frank Russell - Housebuilders jump as Carney announces "soft" measures to cool housing - Barclays facing allegations of fraud - StanChart reports "disappointing first half" techMARK 2,800.86 +0.42% FTSE 100 6,733.63 0.00% FTSE 250 15,595.09 +0.91% UK markets we
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 moreAllegations of fraud made against Barclays - UPDATE
26th Jun 2014 07:44
Shares in banking group Barclays plunged on Thursday after a lawsuit was filed by the New York State Attorney General against the group's "dark pool" trading division. The complaint was made specifically in relation to its alternative trading system LX Liquidity Cross following an investigation by
Read moreThursday newspaper round-up: Iraq, RBS, Mortgage lending...
26th Jun 2014 07:24
American, Iranian and Syrian military aircraft buzzed the skies of Iraq yesterday, conducting parallel surveillance missions and airstrikes as the global battle to halt a Sunni militant offensive grew more intense and complex, drawing in old enemies to the same side. While the southward offensive to
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