London close: FTSE ends on a high after US employment figures deliver suprise
3rd Oct 2014 16:38
It was a positive finish to the week for the FTSE, as stocks rebounded from four straight days of declines as US employment data beats expectations. The FTSE 100 closed 81.52 points higher at 6,527.91, a drop of 123.25 on the week. US non-farm payrolls rose to beat forecasts and the jobless rate fe
Read moreFTSE 100 movers: Easyjet soars after impressing with H2 update
3rd Oct 2014 15:58
Easyjet shares took off after the budget airline increased its outlook for the half year ended 30 September from between £545m and £570m to between £575m and £580m, thanks to a strong finish to the summer season, which saw increased revenue per seat. The group has also benefited from the Air France
Read moreCarnival rises on third quarter results
3rd Oct 2014 14:30
Cruise operator Carnival cheered with its third quarter results on Friday, after posting a rise in both quarterly and three-quarterly revenue. The FTSE 100 group said third quarter turnover climbed from $4.73bn to $4.95m year-on-year and from $11.8bn to $12.2m for the nine-month period. Income befo
Read moreFTSE 100 movers: Supermarket stocks slide after Kantar data
23rd Sep 2014 16:07
Tesco continued to slide a day after warning that it had "overestimated" its predicted first-half figures with more bad news coming in the form of the latest Kantar data, which showed another drop in the retailer's sales and market share. Shares in sector peer Sainsbury were also weaker after reveal
Read moreCarnival pleases with Q3 results, raises guidance
23rd Sep 2014 16:02
Cruise operator Carnival pleased with its third quarter results, which showed strong customer demand and higher spending onboard its cruise ships. Revenue of $4.9bn were up from $4.7bn a year earlier, with net revenue yields up 1.8% on the same period in the prior year at constant dollar rates, whic
Read moreLondon midday: UK stocks retreat on rate-hike uncertainty
20th Aug 2014 12:00
- MPC split on rate decision for first time since 2011 - FOMC minutes due out after the close - Ex-dividend stocks, Balfour Beatty weigh on market - Beverage shares hit by Carlsberg results techMARK 2,798.96 -0.07% FTSE 100 6,752.88 -0.39% FTSE 250 15,794.83 -0.63% UK equities retreated from a thr
Read moreLondon open: Stocks snap five-day win streak ahead of central bank minutes
20th Aug 2014 09:00
- MPC, FOMC minutes in focus - FTSE 100 pulls back from three-week high - Balfour drops after rejecting Carillion bid - Glencore announces $1bn buyback techMARK 2,802.00 +0.04% FTSE 100 6,769.90 -0.14% FTSE 250 15,859.07 -0.23% UK stocks snapped a five-day winning streak on Wednesday ahead of the
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 moreFTSE 100 movers: Land Securities provides lift to property groups
25th Jun 2014 15:50
Bid target Shire was propelled higher after it received a boost from the US courts, which blocked competitors from selling generic versions of its Vyvanse branded drug for attention-deficit hyperactivity disorder (ADHD). Land Securities's decision to take a 30% stake in shopping centre Bluewater
Read moreBroker tips: Pearson, Carnival, Carpetright...
25th Jun 2014 13:00
Goldman Sachs has reiterated its 'sell' recommendation on publisher Pearson, saying that the stock's valuation is "full" while the business faces many challenges. It said that issues over lower estimated structural growth and increased competition are not being reflected in the stock, which is now
Read moreNumis sees potential at Carnival but in "no rush to buy"
25th Jun 2014 11:56
Numis Securities has maintained a neutral stance on shares of Carnival but said that the investment case is "starting to look more interesting". The broker said that it is in "no rush to buy" but the potential for a recovery in yields and growth at the cruise operator "remains enticing". It pointed
Read moreCarnival misses forecasts for second quarter revenues
24th Jun 2014 16:03
Cruise line operator Carnival reported second quarter revenues increased 4.4% to $3.48bn. The consensus estimate had been for sales to increase to $3.6bn. Net revenue yields slipped by 2.2%, that was less than the decline between 3% to 4% that was forecast by the company in March. That was part
Read moreFTSE 100 movers: Airlines take off after flying low yesterday
24th Jun 2014 15:20
IAG and easyJet were flying high as they rebounded from losses seen yesterday following a controllers' strike in France and threats of strikes over pay by IAG's UK carrier British Airways. Bid target Shire, which last week rejected a £27bn approach from US pharmaceutical outfit AbbVie was making g
Read moreWife of CareTech Strategic Director reduces company holding
13th Jun 2014 16:29
Specialist care and housing support services group CareTech on Friday announced that a company wholly-owned by the wife of its Strategic Director, Stewart Wallace, has traded in 300,000 shares, reducing its stake to 32,750. Wallace's beneficial interest has been maintained at 473,374, but with his
Read moreBT Finance Director makes most of recent run in share price
3rd Jun 2014 16:24
Tony Chanmugam, the Group Finance Director of BT Group, has taken advantage of the recent run in the group's share price, selling 125,000 shares at 400p apiece. The value of the stock initially fell after the telecoms giant posted record fourth quarter consumer revenues as investors engaged in a p
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