London close: Miners and financials lead the way
19th May 2009 16:31
Strength among financial plays and miners guaranteed London gains Tuesday, although it had looked a close call following a weak start on Wall Street. A near-13% slump in US housing starts in April proved a drag mid-afternoon before US stocks regained their poise and moved higher. Anglo American fi
Read moreLondon afternoon: Shares off top after US housing starts shock
19th May 2009 14:15
Alarming US housing starts data looks set to put the kybosh on the prospect of a firm start on Wall Street and has had a knock-on effect in London, where share prices are coming off the top. Marks & Spencer remains the day's biggest blue-chip faller after it saw a sharp drop in pre-tax profits to
Read moreLondon midday: Equities advance on broad front
19th May 2009 11:53
Risers outnumber fallers by about four to one among Footsie constituents as London's leading shares shrug off disappointing figures from Marks & Spencer to continue yesterday's advance. M&S is the day's biggest blue-chip faller after it saw a sharp drop in pre-tax profits to £706.2m from £1.13bn. I
Read moreFixed income revenues surge at Evolution
19th May 2009 08:57
Stockbroker The Evolution Group is seeing very strong growth in its fixed income business while its institutional equities business has made encouraging progress this year. The group said it has continued to trade profitably in 2009 and develop in line with its plans. As well as adding 20 staff in
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