FTSE 100 movers: Prudential impresses with H1 profits, oil stocks fall
12th Aug 2014 14:49
Insurer Prudential impressed the market on Tuesday after the insurer's US and Asia businesses helped to boost group operating profits by a better-than-expected 17% to £1.52bn in the first half, despite a drop in UK annuity sales sparked by government pension changes. Oil stocks such as Shell, BP a
Read moreLondon midday: Stocks erase losses to trade flat amid geopolitical developments
12th Aug 2014 12:10
- Markets trim losses to finish flat - Geopolitics in focus with aid on its way to Ukraine - German ZEW survey disappoints - Prudential, Just Eat, Ladbrokes and Serco rise after results techMARK 2,726.95 -0.02% FTSE 100 6,630.32 -0.04% FTSE 250 15,498.56 +0.24% UK stocks had clawed back losses and
Read moreLondon midday: FTSE 100 near 6,600 as Ukraine crisis sinks stocks
6th Aug 2014 12:09
- Russian troops amass along Ukraine border - UK, Italian and German data disappoints - Ex-dividend stocks fall - StanChart falls after results, Shire drops FTSE 100 6,604.48 -1.17% FTSE 250 15,162.03 -1.24% techMARK 2,708.06 -1.23% Fears about a possible Russian invasion of Ukraine sparked a sell
Read moreLondon open: UK stocks drop as Ukraine crisis intensifies
6th Aug 2014 09:10
- Russia builds up troop numbers along border - German factory orders slump 3.2% - Ex-div stocks fall, Sage rises after appointing new CEO techMARK 2,728.84 -0.47% FTSE 100 6,646.91 -0.53% FTSE 250 15,263.85 -0.57% UK stocks dropped on Wednesday morning as heightened geopolitical tensions hit risk
Read moreWednesday tips round-up: GKN, BP
30th Jul 2014 09:03
Engineering outfit GKN is continuing to do well in its core aerospace and automotive markets despite the negative impact of recent movements in foreign exchange markets. The company lost £24m in reported profits during the first six months of the year. Those headwinds are set to continue in the latt
Read moreLondon close: GKN and Next lead FTSE to 20 point gain
29th Jul 2014 16:59
- FTSE up 19.68 points to 6,807.75 - US house prices up 9.3% in April - Housing data shows 0.2% monthly increase techMARK 2,782.23 +0.22% FTSE 100 6,807.75 +0.29% FTSE 250 15,687.02 +0.45% A positive response to updates from engineer GKN and fashion retailer Next drove the FTSE 100 index 19.68 poi
Read moreCentrica confirms BP's Iain Conn as new Chief Executive
29th Jul 2014 16:11
British Gas owner Centrica confirmed on Tuesday the appoitment of BP executive Iain Conn as its new Chief Executive. Conn will join Centrica at the start of January next year, replacing Sam Laidlaw who will retire from the group at the end of this year. He joins from BP, where he has been Chief E
Read moreFTSE 100 movers: GKN leads after profits rise
29th Jul 2014 15:55
GKN climbed to the top spot after saying that a good performance by its automotive business fuelled 6% higher profits at the engineering group in the first half to £296m. However, a strong pound saw sales fall 1%. High street giant Next rose after lifting its sales and profit guidance for the full
Read moreSector movers: GKN boosts auto stocks, BP weighs on oil
29th Jul 2014 14:01
A surge in the price of GKN gave the auto sector a boost on Tuesday, while cautious comments from BP weighed on oil and gas stocks. GKN's shares were up over 9% in afternoon trade after the aerospace and automotive engineer said that strength in its car parts Driveline division helped to offset the
Read moreLondon midday: UK stocks rise as blue-chip earnings impress
29th Jul 2014 12:08
- GKN, Next and Mondi impress, StanChart upgraded - St James's Place and BP fall - Gains capped by geopolitics, upcoming US data - Petra Diamonds sinks as shareholders sell stake techMARK 2,786.59 +0.38% FTSE 100 6,811.75 +0.35% FTSE 250 15,712.91 +0.62% UK stocks snapped a two-day losing streak
Read moreBP profit gushes higher but warns of Russia sanction concern - UPDATE
29th Jul 2014 08:23
- Q2 underlying profit up 34% YoY, up 13% on Q1 - Rosneft contributes $1bn but sanctions concern - Q3 production to be less than expected BP has announced second-quarter profits one-third higher than the same period last year, but that further sanctions imposed on Russia "could have a material adve
Read moreLondon pre-open: Stocks to rise after upbeat session in Asia
29th Jul 2014 07:41
Lifted by an upbeat session in Asia, London's blue chips are expected to move higher early on. City sources predict the FTSE 100 will open around 14 points higher than yesterday's close of 6,788.07. Data released from Japan indicated that while household and consumer spending had declined, it was
Read moreTuesday preview: Next, GKN and BP to report earnings
28th Jul 2014 16:59
Next may on Tuesday report second quarter sales growth towards the upper end of guidance, according to estimates by Numis. The UK retailer reported a 10.8% increase in Brand sales in the first 13 weeks of the year, with retail up 8.8% and Directory up 13.7%. "This was comfortably ahead of the +4%
Read moreLondon close: FTSE lifted by US jobs and ECB meeting
3rd Jul 2014 16:59
- FTSE 100 closes up 48.84 points at 6,865.21 - Non-farm payrolls provide reassurance - ECB maintains policy techMARK 2,852.06 +0.69% FTSE 100 6,865.21 +0.72% FTSE 250 16,028.96 +0.83% Stocks climbed to a positive finish after making fairly steady gains throughout what was a session packed full w
Read moreFTSE 100 movers: Sports Direct leads rises
3rd Jul 2014 15:22
Sports apparel retailer Sports Direct was also rising strongly after shareholders yesterday narrowly voted through a bonus scheme that will see founder Mike Ashley receive £200m in shares. Antofagasta was boosted by reports that the group is to cut jobs and costs as it combines its El Tesoro and Es
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