Tuesday newspaper round-up: Ukraine, RBS, AstraZeneca
13th May 2014 06:18
Separatist leaders in Ukraine's volatile Donetsk region formally asked to become part of Russia on Monday, going beyond the simple independence question raised in a referendum and advancing the threat of Ukraine's break-up. The declaration bore some resemblance to the referendum and annexation scena
Read moreFriday broker round-up UPDATE
9th May 2014 08:44
Advanced Medical Solutions: Numis ups target price from 105p to 121p and retains its hold recommendation. Arrow Global: Numis upgrades from add to buy with a target price of 285p. Bank of Georgia: Numis downgrades from buy to hold with a target price of 2708p. Barclays: Citi lowers target price f
Read moreLondon close: Barclays and ECB´s Draghi push Footsie higher
8th May 2014 16:59
- FTSE closes up 42.81 points to 6,839.25 - ECB signals possible rate action in June - MPC maintains bank rate - Barclays unveils further job cuts techMARK 2,807.39 +0.59% FTSE 100 6,839.25 +0.63% FTSE 250 15,968.51 +0.55% The City ended today's session on a positive note, buoyed by speeches from
Read moreFTSE 100 movers: Barclays job cuts lift City spirits and blue chips
8th May 2014 14:22
Barclays led London's blue chips higher after it pleased the City with plans to slash 14,000 jobs in 2014 across the group as it aimed to become a 'leaner, stronger' bank. Shares in the company were up 7.2 per cent to 260.75p at 15:05 on Thursday. In what it described as a "bold simplification" of
Read moreLondon midday: Upbeat earnings provide a lift as BoE holds rates
8th May 2014 11:35
- Barclays, Standard Chartered, BT and Morrison rise after results - BoE holds policy, ECB in focus - Yellen signals need for continued support - Ukraine tensions ease slightly after Putin comments techMARK 2,796.26 +0.19% FTSE 100 6,836.23 +0.59% FTSE 250 15,916.36 +0.22% Decent gains from Barcla
Read moreLondon open: Barclays leads FTSE 100 higher ahead of central bank decisions
8th May 2014 08:32
- Barclays gains on job-cut announcement - Busy day for corporate earnings/updates - Yellen, Putin comments in focus - Focus turns to BoE and ECB ahead of policy decisions techMARK 2,799.70 +0.31% FTSE 100 6,827.33 +0.45% FTSE 250 15,963.95 +0.52% UK stocks rose on Thursday morning amid a flurry o
Read moreCentrica cuts 2014 earnings guidance - UPDATE
8th May 2014 07:11
- Earnings guidance reduced - Full year EPS expected to fall 13.5-17 per cent y-o-y - Mild weather hits UK, cold hits North America - Positive portfolio moves Energy company Centrica, owner of British Gas in the UK and Direct Energy in the US, downgraded it full-year earnings guidance due to challe
Read moreSunday newspaper round-up: AstraZeneca, Barclays, Mothercare
4th May 2014 12:49
Pfizer is preparing to put AstraZeneca in a "bear hug" by stating it will not increase its 63 billion pounds offer without getting a closer look at the UK company's drug prospects, the Sunday Times reported. The US giant will lobby Astra's shareholders to force it to enter talks and will also talk a
Read moreLondon midday: Stocks inch lower on mixed data and earnings
23rd Apr 2014 11:37
- AB Foods jumps, ARM and Sports Direct fall - UK borrowing falls more than expected - Chinese manufacturing still in contraction - Eurozone business activity improves techMARK 2,740.84 +0.09% FTSE 100 6,670.05 -0.18% FTSE 250 15,991.94 -0.56% UK stocks pulled back from a three-week high on Wednes
Read moreLondon open: Stocks edge higher, AB Foods jumps on Primark expansion
23rd Apr 2014 08:40
- AB Foods jumps on Primark expansion plans - Stocks rise, but upside limited - BoE minutes, economic data ahead - Chinese manufacturing PMI contracts again techMARK 2,749.64 +0.41% FTSE 100 6,688.65 +0.10% FTSE 250 16,067.20 -0.09% UK stocks edged higher on Wednesday morning with Primark owner As
Read moreLondon midday: Stocks erase early gains, BoE holds rates
10th Apr 2014 11:50
- BoE holds rates, US jobless claims ahead - FOMC minutes reveal dovish stance - M&S erases gains after trading update - RBS pays to cancel dividend access share techMARK 2,733.65 +0.13% FTSE 100 6,640.82 +0.08% FTSE 250 16,217.66 +0.33% UK stocks mostly erased gains by Thursday lunchtime after th
Read moreLondon open: Stocks rise strongly after Fed minutes
10th Apr 2014 08:32
- FOMC minutes reveal dovish stance - BoE, economic data in focus today - M&S, Hays and 888 gain after trading updates - RBS pays to cancel dividend access share techMARK 2,751.14 +0.77% FTSE 100 6,683.98 +0.73% FTSE 250 16,298.45 +0.83% UK stocks advanced on Thursday, following a strong performan
Read moreBritish Gas fined 5.6m pounds for switching errors
10th Apr 2014 07:09
The UK energy regulator has fined the business arm of Centrica 5.6m pounds for errors in its switching and renewal processes. Ofgem found British Gas Business incorrectly blocked businesses from switching and failed to give some businesses notice that their contract was due to end. The watchdog sa
Read moreLondon close: Stocks finish in the red, World Bank forecast drags
7th Apr 2014 16:55
- World Bank cuts China growth forecast - UK consumer confidence slides - German industrial output grows techMARK 2,730.09 -1.46% FTSE 100 6,622.84 -1.09% FTSE 250 16,262.84 -1.04% UK stocks kicked off the week in a negative fashion, weighed by a poor performance in other markets across the globe
Read moreSector movers: Electricity, utility stocks gain as risk appetite falls
7th Apr 2014 15:27
Just two sectors - electricity and utilities - were trading in positive territory on Monday as investors sought out 'safer' defensive stocks in the face of a wider market sell-off. Defensives sectors are those which have a low correlation to economic activity and generally perform well in times of
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