London open: Upside limited as markets await 'risk events'
6th Nov 2013 08:43
- Investors cautious ahead of busy end to the week - Barrage of economic data on tap for Wednesday - Experian drops after acquisition, H1 report techMARK 2,655.82 +0.32% FTSE 100 6,749.23 +0.04% FTSE 250 15,427.39 +0.39% UK markets edged higher on Wednesday morning though the upside was limited as
Read moreLondon pre-open: Modest gains expected ahead of data release
6th Nov 2013 07:30
City sources predict the FTSE 100 will open around eight points higher than yesterday's close of 6,746.84, tracking modest gains seen on some US benchmarks on Tuesday and ahead of key data due out on both sides of the Atlantic later today. Speculation about the Federal Reserve continued to be in f
Read moreeasyJet posts rise in October passenger numbers
6th Nov 2013 07:01
easyJet on Wednesday posted a 5.4 per cent rise in October passenger numbers, along with a 0.7 percentage point (pp) increase in its load factor for the four-week period. On a 12-month rolling basis, numbers were up 4%, with the load factor 0.8pp higher. The group said a jump in the number of fl
Read moreFTSE 100 movers: Miners lifted by data, RyanAir on the warpath
4th Nov 2013 15:00
Mining stocks were on the rise, buoyed by the upbeat outlook for top metals consumer China. Fresnillo, Antofagasta, Rio Tinto, Anglo American, Vedanta and BHP Billiton were among the best performers. Activity in China's services sector in October expanded at its fastest pace in the last year, reinf
Read moreLondon midday: HSBC, miners lift markets higher
4th Nov 2013 12:00
- HSBC beats forecasts with Q3 results - Weir, Ryanair issue profit warnings - Economic data, ECB rate-cut speculation drive markets techMARK 2,661.91 +0.16% FTSE 100 6,767.20 +0.48% FTSE 250 15,519.66 +0.41% UK markets were performing well on Monday morning, owing to speculation over a possible E
Read moreLondon open: Markets gain after HSBC results, China data
4th Nov 2013 09:05
- HSBC impresses with Q3 profits - China services PMI paints improved outlook - Weir, Ryanair surprise with profit warnings techMARK 2,665.03 +0.28% FTSE 100 6,768.87 +0.51% FTSE 250 15,522.69 +0.43% UK markets started the new week on a positive note, helped by some well-received quarterly results
Read moreLondon close: Stocks jump to five-month high after US jobs miss
22nd Oct 2013 16:35
Stocks across Europe rose strongly on Tuesday afternoon with London's FTSE 100 rising to a five-month high following a worse-than-expected US jobs report which spurred hopes of a near-term continuation of quantitative easing (QE) by the Federal Reserve. "The full impact of the government shutdown i
Read moreFTSE 100 movers: Reckitt Benckiser rises on positive FY guidance
22nd Oct 2013 15:03
Household products group Reckitt Benckiser was a high riser after lifting its full-year revenue guidance slightly following a strong third quarter and a decent performance by recent acquisitions. The company said it now expects to grow net revenue excluding Reckitt Benckiser Pharmaceuticals (RBP)
Read moreLufthansa guidance disappoints, weighs on peers - UPDATE
22nd Oct 2013 12:33
Profits guidance from German airliner Deutsche Lufthansa has disappointed analysts due to higher costs from its Score restructuring programme, dragging down European airline stocks. For full year 2013 the DAX-listed company forecasted an operating profit of between €600m to €700m, which was well be
Read moreLondon close: FTSE 100 hits one-month high
18th Oct 2013 17:02
UK stocks hit a one-month high on Friday on hopes of a near-term continuation of US stimulus, while data from China showed a pick-up in growth. The FTSE 100 broke through the 6,600 level today to finish at 6,622.58, up 46.42 points on the day. The last time the index closed higher was on September
Read moreLondon close: Stocks edge higher after late rally
17th Oct 2013 17:00
UK stocks erased losses on Thursday afternoon, finishing in positive territory for the sixth straight session, though the market gave a rather lacklustre reaction to the last-minute US deal to avert a debt default. Alastair McCaig, Market Analyst at IG, said: "Having jumped out the way of one oncom
Read moreFTSE 100 movers: BSkyB shares jump on strong revenues
17th Oct 2013 15:31
Satellite television and broadband group BSkyB surged after recording a strong rise in first-quarter revenues helped by an increase of 800,000 paid-for subscription products. However, profits were down after a step-up in Premier League costs. Brewing giant SABMiller gained after saying its first-ha
Read moreEasyJet to cut flights due to French strike on Thursday
9th Oct 2013 15:26
Budget airline easyJet plans to cut flights to and from France by nearly a third on Thursday due to a strike by French air traffic controllers. The carrier is reducing services from Paris Charles de Gaulle and Paris Orly to southern European destinations by 30%. It said the action was likely to hi
Read moreFTSE 100 movers: Standard Life leads financials higher
4th Oct 2013 15:24
Financials were performing relatively well today with insurers Standard Life, Prudential, Resolution and RSA moving higher, along with banking groups HSBC and RBS. Standard Life was boosted by JP Morgan, which reiterated its 'overweight' rating on the stock, and commented that growth continued to
Read moreBroker tips: easyJet, SABMiller, Tesco
3rd Oct 2013 12:08
Panmure Gordon has kept its 'buy' rating and 1,500p target price for easyJet after a strong pre-close trading update from the budget airline on Thursday morning. "We believe that the long-term prospects for this business remain exciting. The company has a strong structural cost advantage over most
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