Tuesday preview: Traders watching St.James Place, BP and French vote
28th Apr 2014 17:12
The Tuesday session will see a raft of corporate results hit the tape in London, including finals from the likes of Petropavlovsk and Whitbread, alongside interim management statements from Jardine Lloyd Thompson Group, National Express Group, Redrow and SEGRO. For its part, St.James's Place will up
Read moreLondon open: FTSE 100 rises as AstraZeneca jumps
28th Apr 2014 08:33
- AstraZeneca jumps as Pfizer confirms interest - Pharma stocks outweigh weakness in basic resource shares - Japanese retail sales surge, but analysts still cautious - BG Group drops after CEO exit, update techMARK 2,780.12 +1.17% FTSE 100 6,700.83 +0.23% FTSE 250 15,848.32 -0.25% UK markets edge
Read moreMonday newspaper round-up: Russian sanctions, Reckitt, Kiev
28th Apr 2014 07:08
BP and Shell are facing an extremely delicate situation as the G7 prepares to launch another wave of sanctions against Russia. They may be forced to reduce their operations or freeze certain commercial ties with the country. Those new measures may come as soon as Monday unless the Kremlin takes imme
Read moreBP sells non-core Alaskan oilfields to Hilcorp
23rd Apr 2014 07:28
Oil major BP is continuing its drive to off-load non-core assets by selling stakes in four Alaska North Slope oilfields to US oil & gas group Hilcorp for an undisclosed sum. BP, which is selling at least $38bn of surplus businesses to focus on key oil & gas businesses and exploration in areas such
Read moreThursday newspaper round-up: Ukraine, BP, Reckitt Benckiser
17th Apr 2014 06:38
In a clash overnight with Ukrainian authorities, three pro-Russian protesters were killed and 13 wounded. The incident took place at a military installation in the southeastern city of Mariupol. It marked the bloodiest day yet since Kiev began its anti-terrorist operations to drive out the pro-Russi
Read moreLondon close: Stocks rise despite tensions in Ukraine
14th Apr 2014 16:59
- FTSE closes up 22.06 at 6,583.76 - Tensions in Eastern Europe provide drag - BP a notable faller - US retail sales beat expectations techMARK 2,642.52 -1.03% FTSE 100 6,583.76 +0.34% FTSE 250 15,702.42 -1.23% UK stocks managed to finish in positive territory despite growing tensions in Eastern
Read moreFTSE 100 movers: Supermarkets, miners lead, airlines fly lower
14th Apr 2014 15:09
Sainsbury was a strong riser as it recovered from last week's news that it had lost some of its market share to the likes of discount stores Lidl and Aldi. Sector peer Tesco was also making decent gains after it was reported the company is planning to launch its F&F range in the US. Other stocks
Read moreFriday newspaper round-up: RBS, Tesco, BP
11th Apr 2014 07:18
The Government could start selling down its stake in Royal Bank of Scotland this year, according to City analysts, after the taxpayer-backed lender agreed a deal with the Treasury that could lead to the return of dividend payments. The deal to scrap the Dividend Access Share (DAS), which barred shar
Read moreBP can act as 'bridge' between Russia and West, says Dudley
10th Apr 2014 13:53
BP's Chief Executive Office Bob Dudley has said that the oil major can play an important role as a 'bridge' between Russia and the West to ease tensions amid the ongoing crisis in Ukraine. Addressing shareholders at BP's annual general meeting on Thursday, Dudley said that the company has a "unique
Read moreLondon pre-open: FTSE to move higher early on
3rd Apr 2014 07:39
UK stocks are set to start today's session on a positive note, tracking gains seen in the US ahead of the ECB's latest policy meeting and following positive Chinese services data as per the latest Services Markit/HSBC services purchasing managers index (PMI). City sources predict the FTSE 100 will
Read moreLondon midday: Stocks extend losses ahead of Crimea referendum
14th Mar 2014 11:38
- Ukraine tensions rise ahead of Crimea vote - Analysts cut forecasts for China - Banking stocks mixed - US lifts ban on BP GoM contracts techMARK 2,765.64 -0.76% FTSE 100 6,529.08 -0.38% FTSE 250 16,062.45 -0.76% The FTSE 100 was registering losses for the sixth consecutive session as investors s
Read moreLondon open: Stocks down for sixth day on Ukraine, China fears
14th Mar 2014 08:32
- Ukraine crisis steps up a gear - Analysts cut forecasts for China - US lifts ban on BP GoM contracts - Financials gain, miners fall techMARK 2,757.98 -1.04% FTSE 100 6,525.28 -0.43% FTSE 250 16,032.04 -0.95% UK stocks were suffering losses again on Friday, falling for the sixth straight day, as
Read moreLondon pre-open: FTSE to continue lower ahead of Crimea referendum
14th Mar 2014 07:24
- US and Asia stocks sink overnight - Concerns about Ukraine, Russia - BP signs deal with US Environmental Protection Agency UK stocks face a negative start to today's session, tracking declines seen in both Asia and the US overnight as concerns about the situation in Ukraine mount. City sources
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 moreBP signs deal with US EPA on Deepwater Horizon spill
14th Mar 2014 07:03
Oil giant BP on Friday announced that it has entered into an administrative agreement with the US Environmental Protection Agency (EPA) which resolves the issues related to the suspension, debarment and disqualification of BP following the Deepwater Horizon accident and oil spill. As such, the gro
Read more