FTSE 100 movers: Barclays lifted by iShares talk

15th May 2009 13:17

Barclays did well on hopes it may backtrack on a deal to sell its iShares unit to CVC, the private equity group, and instead offload its entire asset management division for £6.5bn. Barclays agreed last month to sell its iShares unit to CVC Capital Partners for $4.2bn, but is now reportedly consid

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London midday: Rally stalls

15th May 2009 12:15

Weak properties and oils have pitched the Footsie into the red, despite the continued strength of banks and miners. Shocking figures from property giant Land Securities on Wednesday are still casting a shadow over the real estate investment trusts (REITs). LandSecs leads the sector lower but Hammer

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