London close: Stocks down ahead of Fed, employment data divides
12th Sep 2012 16:32
- Ex-div stocks and miners weigh on Footsie - Germany approves ESM - All eyes turn to the Fed - Dutch elections tonight Following a stint in the blue after Germany's decision to approve the Eurozone rescue fund, the Footsie had sunk firmly into the red by the close with ex-dividend stocks and minin
Read moreBT scores big broadcasting deal with Premiership Rugby
12th Sep 2012 14:51
British telecoms giant BT announced a 'ground-breaking' 152m-pound deal on Wednesday afternoon for a range of exclusive live rights for Premiership Rugby, one of the biggest broadcast deals in the history of club rugby which deals a massive blow to current broadcaster British Sky Broadcasting (BSkyB
Read moreFTSE 100 movers: German ruling boosts financials
12th Sep 2012 13:48
UK banking stocks advanced after Germany's high court approved the Eurozone's new rescue fund, the European Stability Mechanism (ESM), with Lloyds, Royal Bank of Scotland, Barclays, Standard Chartered and HSBC were making gains by this afternoon. RBS was also benefiting after Liberum Capital lifte
Read moreLondon midday: Stocks rally after German vote on ESM
12th Sep 2012 11:48
- Stocks jump after ESM vote in Germany - Spain considering ECB bond purchases - Banks lead the rally The FTSE 100 had swung into positive territory by Wednesday lunchtime with banking stocks in the lead after Germany's high court approved the Eurozone's new rescue fund, the European Stability Mec
Read moreWednesday broker round-up
12th Sep 2012 08:54
African Minerals: Jefferies keeps buy rating and 550p target. Ashmore: UBS raises target from 370p to 390p, buy rating kept. ASOS: Panmure Gordon lifts tagged from 2,179p to 2,378p, buy rating kept. Barratt Developments: Panmure Gordon keeps buy rating and 190p target; Jefferies keeps buy rating
Read moreLondon close: Footsie at five-week low ahead of ECB decision
5th Sep 2012 16:17
- FTSE 100 closes at lowest level since late July - Eurozone newsflow mixed ahead of ECB meeting - Global slowdown fears weigh on sentiment Mixed remarks from Eurozone officials prompted a volatile day of trade on London's stock market on Wednesday as eyes remain fixed on tomorrow's policy rate dec
Read moreLondon midday: Markets nervous ahead of ECB decision
5th Sep 2012 11:38
- All eyes on ECB meeting - Concerns about China, Japan and Australia weigh on sentiment - Britvic in merger talks with AG Barr The FTSE 100 was well off its intraday low by Wednesday lunchtime but still firmly in the red as investors continued to fret about the upcoming policy decision in Europe t
Read moreWednesday broker round-up
5th Sep 2012 09:20
AMEC: Nomura retains buy rating and 1,240p target. Ashtead: UBS ups target from 340p to 375p, buy rating unchanged. ASOS: Oriel Securities upgrades to buy; BarCap upgrades to overweight, target lifted rom 1,800p to 2,400p. BP: Investec keeps buy rating and 460p target. BT Group: JPMorgan Cazenov
Read moreLondon open: BP and ex-div stocks provide a drag early on
5th Sep 2012 08:34
- ECB meeting eyed - Australian, Chinese data disappoints - BP, ex-div stocks weigh on Footsie Following a 1.5 per cent fall for the Footsie the day before, UK stocks opened lower once again on Wednesday morning with investors likely to remain cautious ahead of tomorrow's eagerly anticipated Europe
Read moreBT completes sale of Tech Mahindra stake
30th Aug 2012 15:12
Telecommunications titan BT has completed the sale of a 14.1 per cent stake in Tech Mahindra to institutional investors, leaving the company with a 9.1 per cent holding. The sale was made for £158.6m, which is expected to be treated as an income statement specific item in the company's next financi
Read moreLondon close: Footsie finishes flat after long weekend
28th Aug 2012 16:48
- Markets await Jackson Hole symposium - Miners lower on concerns over Japan - Chemring drops after profit warning. Concerns about global economic growth were weighing on sentiment on Tuesday, meaning that the FTSE 100 was little changed by the close despite some volatile swings between gains and
Read moreSector movers: BT, TalkTalk lift telecoms higher
28th Aug 2012 15:39
Telecoms peers BT Group and TalkTalk were lifting fixed line telecoms stocks higher today after some favourable comments from Credit Suisse. "We expect BT Group and BSkyB to continue to take broadband market share and reiterate our expectation that TalkTalk will return to positive subscriber gro
Read moreLondon close: Stocks finish higher after late rally
8th Aug 2012 16:45
After an early fall, London's benchmark index rallied in afternoon trade to finish a few points higher, extending gains from the previous three sessions. The last time the FTSE 100 finished higher was on April 2nd when it hit 5,875. "Stocks and other risky assets have traded higher since Friday. C
Read moreLondon midday: Sentiment dampened by BoE and Greece
8th Aug 2012 11:46
- ECB optimism fades - S and P cuts Greek outlook to 'negative' - BoE slashes growth forecast The Footsie remained firmly in the red on Wednesday morning as optimism earlier this week about the situation in Europe began to fade, particularly as Greece's credit rating outlook was lowered by Standard
Read moreLondon open: Stocks slip on concerns over Greece
8th Aug 2012 09:02
- S and P cuts Greek outlook to 'negative' - Markets await BoE inflation report - StanChart rebounds after yesterday's sell-off UK stocks slipped in the opening hour on Wednesday, with the Footsie pulling back after a four-month high, after Greece's long-term sovereign rating outlook was cut by Sta
Read more