London close: FTSE ends almost flat after quiet end to busy week
4th Jul 2014 16:59
- FTSE closes up just 0.84 points at 6,866.05 - Experian leads following broker comment - UK new car registrations rise 10.6% YOY techMARK 2,855.66 +0.13% FTSE 100 6,866.05 +0.01% FTSE 250 16,050.16 +0.13% It was an almost flat finish for the UK's top tier index on Friday, with the index coming of
Read moreFTSE 100 movers: Experian jumps on broker upgrade
4th Jul 2014 16:15
Experian shares jumped after Deutsche Bank reiterated its 'buy' rating on the global information services provider. Budget airline easyJet rose strongly as it posted a 10.1% jump in its June passenger numbers, which leapt from 5.5m to 6.1m year-on-year. British Airways operator IAG, which yester
Read moreLondon midday: UK stocks rangebound on NYSE holiday
4th Jul 2014 12:12
- FTSE flat but at highest since June 10th - Dow, S&P at record highs after jobs report - US markets closed for public holiday today techMARK 2,857.08 +0.18% FTSE 100 6,864.83 -0.01% FTSE 250 16,096.91 +0.42% UK stocks were trading within an extremely narrow range on Friday morning as traders sat
Read moreLondon open: Markets subdued on quiet end to week
4th Jul 2014 08:58
- Quiet start, US markets closed - No economic data on tap - Airlines in focus after traffic stats techMARK 2,855.35 +0.12% FTSE 100 6,856.48 -0.13% FTSE 250 16,051.76 +0.14% After hitting a three-and-a-half week high the previous day, UK stocks opened slightly lower on Friday in a quiet end to a
Read moreLondon pre-open: Little change ahead of quiet session
4th Jul 2014 07:44
UK-listed companies are expected to edge slightly lower at the opening bell following yesterday's data-heavy session and ahead of a much quieter day today. The session will see little in the way of either company or economic news, compounded by the absence of US trading to mark the Fourth of July
Read moreAnother round of positive passenger numbers for easyJet
4th Jul 2014 07:03
Budget airline easyJet posted a 10.1% jump in its June passenger numbers, which leapt from 5.5m to 6.1m year-on-year. On a rolling basis, the 12 months to the end of June saw a 5.4% increase from 60.2m to 63.4m. The load factor, which measures how full the planes are, was up 0.8 percentage points
Read moreFTSE 100 movers: Sports Direct leads rises
3rd Jul 2014 15:22
Sports apparel retailer Sports Direct was also rising strongly after shareholders yesterday narrowly voted through a bonus scheme that will see founder Mike Ashley receive £200m in shares. Antofagasta was boosted by reports that the group is to cut jobs and costs as it combines its El Tesoro and Es
Read moreFTSE 100 movers: StanChart lifted by private equity sale rumours
2nd Jul 2014 15:32
Standard Chartered jumped on reports the group is intending to dispose of $500m-worth of private equity investments. Quoting two people "with knowledge of the situation", Bloomberg said the lender is expected to sell minority holdings in companies across a number of countries. The speculation come
Read moreWednesday broker round-up UPDATE
2nd Jul 2014 09:38
Anite: Investec places its target price (prev.: 88p) under review, while its hold recommendation remains unchanged. Ashcourt Rowan: N+1 Singer moves target price from 231p to 242p and keeps a buy recommendation. BG Group: Canaccord Genuity raises target price from 1250p to 1450p upgrading from hol
Read moreFTSE 100 movers: Chinese PMI drives mining sector higher
1st Jul 2014 16:35
A decent set of manufacturing figures from China helped drive the mining sector higher as investors turned bullish on the outlook for demand. The National Bureau of Statistics said that the official Chinese manufacturing purchasing managers' index (PMI) edged higher from 50.8 in May to 51.0 last mo
Read moreLondon close: easyJet leads lower after choppy session
30th Jun 2014 16:59
- FTSE 100 closes down 13.83 points at 6,743.94 - Diageo/SABMiller rumours provide lift - easyJet leads fallers after broker comment - Cable ends the day atop 1.71 techMARK 2,817.43 -0.02% FTSE 100 6,743.94 -0.20% FTSE 250 15,723.56 +0.27% After a turbulent session it was ultimately a downbeat fin
Read moreFTSE 100 movers: easyJet hit by Bank of America target cut
30th Jun 2014 16:34
easyJet was a big faller after Bank of America cut its price target and lowered its outlook for the airline, blaming its decision on higher fuel costs and profit warnings amongst other stocks in the sector. Its peer, IAG was also flying lower, while Sports Direct was hot on its heels as investors
Read moreLondon midday: Stocks lack direction as investors digest data
30th Jun 2014 12:13
- UK mortgage approvals fall to 11-month low - Eurozone inflation remains subdued at 0.5% - Chicago PMI, US pending home sales ahead - Diageo rises on SABMiller merger reports techMARK 2,819.43 +0.06% FTSE 100 6,750.89 -0.10% FTSE 250 15,719.66 +0.24% London stocks had erased gains by Monday lunch
Read moreLondon open: Stocks rise ahead of data-heavy week
30th Jun 2014 09:06
- Eurozone inflation predicted to remain stable at 0.5% - ECB meeting, US employment report due out later this week - Miners fall but Anglo rises on asset sale rumours techMARK 2,827.12 +0.33% FTSE 100 6,772.40 +0.22% FTSE 250 15,737.98 +0.36% Weakness in the mining sector didn't stop UK stocks fr
Read moreAs summer comes around, French air traffic controllers strike again
24th Jun 2014 18:29
It's that time of year again. Yes, the season of French air traffic controllers' strikes - summer. Sitting as they do in the middle of so many European air routes the most likely timing for industrial action by the sector in that country is fast becoming an easily predictable occurrence. The six
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