FTSE 100 movers: Intertek hit by downgrade, miners higher
2nd Jul 2015 13:14
The FTSE 100 was buoyed by a tentative recovery in metal prices, strong construction data and gains in the pharmaceuticals, insurance and telecommunications sectors on Thursday. As of 15:00 BST, London's blue chip index was trading 0.5% higher at 6,638. BP led the index higher after a robust rally
Read moreFTSE 100 movers: Financials and travel stocks plunge, gold miners higher
29th Jun 2015 13:19
UK markets plummeted on Monday, as Greece closed its banks and called a public vote to determine its future within the Eurozone. With just seven stocks on the FTSE 100 in positive territory, the UK index was down 1.5% at 6,655 as of 14:30 BST. Travel tour operator TUI dropped sharply as investors e
Read moreLondon midday: Stocks slide as Greece shuts banks, calls referendum
29th Jun 2015 11:33
UK stocks slid sharply on Monday after Greece shut its banks and called a public vote to decide the fate of its future within the Eurozone. With just three stocks on the FTSE 100 in positive territory, the UK index was down 1.63% at 6,643.30 by midday. The index had dropped to a low of 6,598.64 earl
Read moreLondon open: Greek chaos sparks market sell-off; airline stocks drop
29th Jun 2015 09:17
The UK stock market and indices across Europe suffered a steep sell-off on Monday morning after Greece imposed capital controls and called for a referendum on bailout terms, pushing the country nearer to an exit from the Eurozone. Prime Minister Alexis Tsipras announced on Saturday that the governme
Read moreNew board members for Coca-cola HBC
24th Jun 2015 09:16
Swiss-based Coca-cola HBC has elected two new board members following the retirement of Susan Kilsby and Christos Ioanno. Olusola (Sola) David-Borha and Alexandra Papalexopoulou were elected the board of Europe's largest coke bottler after its annual general meeting. Papalexopoulou will also serve
Read moreMonday broker round-up
18th May 2015 12:53
Lloyds: Investec downgrades to sell with 84p target. RBS: Investec reiterates buy with a 395p target price and Berenberg sell with a 250p target. Babcock International: Deutsche Bank reiterates buy and 1,150p target. Marks&Spencer: Deutsche Bank reiterates buy. Coca Cola HBC: Nomura reiterates re
Read moreLondon open: Stocks advance as Aveva and Bwin jump on M&A
18th May 2015 09:13
UK stocks jumped on Monday morning despite ongoing uncertainty about Greece, as the mood on the market was boosted by bid speculation surrounding Aveva and Bwin.party. The FTSE 100 was up 0.56% at 6,999.75 early on, with mining stocks leading the charge, though BHP Billiton was bucking the trend. E
Read moreLondon close: Early gains erased as US economic data disappoints
15th May 2015 16:28
UK stocks finished in the red on Friday after erasing earlier gains following some weaker-than-expected economic data from the States. Wall Street stocks were swinging between gains and losses after the open with both the S&P 500 and Dow Jones Industrial Average wavering near record highs. Investor
Read moreLondon midday: Stocks rise as UK data, Greek news lift sentiment
15th May 2015 11:22
Upbeat corporate earnings and a calmer session on the bond market helped UK equities rise on Friday morning, with sentiment boosted by a rebound in British construction output and improving newsflow from Greece. The FTSE 100 was up 0.38% at 6,999.56 by midday. Analysts also said that trading volume
Read moreLondon open: Stocks edge higher as corporate updates impress
15th May 2015 08:54
UK stocks edged higher on Friday morning ahead of what is expected to be another quiet session, though trading volumes are expected to pick up slightly. The FTSE 100 was up 0.38% at 6,999.81 early on with corporate updates from a number of blue chips being warmly-received by investors. Markets acro
Read moreLondon pre-open: Volumes to pick up but quiet session expected
15th May 2015 07:41
UK stocks are expected to edge higher on Friday morning as trading volumes pick up following a quiet session the previous day. City sources predict the FTSE 100 will open five points higher than Thursday's close of 6,973.04. Volumes were lower than usual on Thursday owing to bank holidays in both F
Read moreCoca-Cola HBC sales beat forecasts despite emerging-market FX drag
15th May 2015 07:10
Coca-Cola HBC (CCH), the second-largest Coca-Cola bottler in the world in terms of volume, beat forecasts slightly with an unexpected increase in first-quarter sales. CCH, which now only provides sales and volumes numbers for the first and third quarters and not P&L details, said net sales revenues
Read moreFriday preview: Coca-Cola HBC to steal the spotlight on quiet day
14th May 2015 16:08
Friday is set to be a relatively quiet session in terms of economic data and corporate earnings after a busy few days for financial markets, so a trading update from blue-chip bottler Coca-Cola HBC is likely to garner some attention. CCH, the second-largest Coca-Cola bottler in the world in terms of
Read moreFTSE 100 movers: Aberdeen lower on accelerating outflows, HSBC underwhelms
5th May 2015 13:21
Asset manager Aberdeen led the fallers as it reported an accelerating outflow of funds, with £11.3bn withdrawn by investors in the six months to 31 March. HSBC was trading lower, after underwhelming with its first-quarter results despite profits coming in ahead of expectations. Reported pre-tax prof
Read moreFTSE 100 movers: Anglo American, utility stocks surge
23rd Apr 2015 13:30
Anglo American, owner of jeweler De Beers, surged on Thursday as the mining giant cut its forecast for annual diamond production in order to avoid overproduction in the weaker diamond market. United Utilities, SSE and Centrica was making gains as investors sought refuge in defensive utility stocks.
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