Fresnillo reports flat silver production in second quarter
16th Jul 2014 11:29
Shares in Mexico-focused precious metals miner Fresnillo declined on Wednesday after the company said that silver production was flat year-on-year in the second quarter. Output totalled 10.9m ounces in the three months to June 30th, up 5% over the first quarter as ore grades at the Fresnillo and Ci
Read moreFTSE 100 movers: Tobacco stocks drop on Reynolds-Lorillard tie-up
15th Jul 2014 13:49
Share prices of tobacco rivals Imperial and British American both dropped on Tuesday as investors gave a cool reaction to the planned merger between US peers Reynolds and Lorillard, which involves both UK companies parting ways with a lot of cash. As part of the deal, Imperial is to buy a portfolio
Read moreLondon midday: Housebuilders fall as inflation data sparks rate-hike concerns
15th Jul 2014 12:03
- UK inflation jumps to 1.9% in June - Carney highlights housing concerns - German ZEW survey disappoints - Yellen, US data in focus later on techMARK 2,781.35 -0.46% FTSE 100 6,722.11 -0.36% FTSE 250 15,478.79 -0.64% Rate-hike speculation in the UK and disappointing economic data from Germany saw
Read moreLondon open: FTSE 100 rises for third day as miners gain
15th Jul 2014 09:08
- Markets await UK inflation, German ZEW data - Telecom Plus jumps after strong Q1 update, outlook - Miners track metal prices higher techMARK 2,798.02 +0.14% FTSE 100 6,760.22 +0.21% FTSE 250 15,591.43 +0.09% UK stocks quickly erased an initial dip into the red to trade slightly higher on Tuesday
Read moreFTSE 100 movers: Imperial Tobacco rises on Reynolds-Lorillard talks
11th Jul 2014 15:25
Shares in Imperial Tobacco rose strongly after the company confirmed it is discussions with US rivals Reynolds American and Lorillard about the potential acquisition of some of their assets and brands. It is thought that Reynolds and Lorillard, the second- and third-largest cigarette makers in the S
Read moreLondon midday: UK stocks rebound after four-day losing streak
11th Jul 2014 12:07
- FTSE 100 rises after hitting lowest since April 17th - Tobacco stocks lead gains after four-day sell-off - UK construction output declines techMARK 2,777.53 +0.27% FTSE 100 6,684.40 +0.18% FTSE 250 15,487.07 +0.31% Equity and bond markets across Europe were calmer on Friday morning after concern
Read moreLondon open: Tobacco gains help UK stocks snap four-day losing streak
11th Jul 2014 08:56
- M&A speculation gives tobacco sector a boost - Housebuilders rise, miners fall - FTSE 100 rebounds from lowest in nearly three months techMARK 2,779.11 +0.33% FTSE 100 6,690.42 +0.27% FTSE 250 15,518.58 +0.51% Strong gains from tobacco and construction stocks outweighed a decline in the heavywei
Read moreFTSE 100 movers: LSE drops on Qatar sale, Portugal fears hit banks
10th Jul 2014 15:29
London Stock Exchange was one of the worst performers on the FTSE 100 on Thursday after Qatar Investment Authority cut its 15% stake in the exchange operator by a third ahead of the UK-listed firm's planned $1.6bn rights issue to fund the acquisition of Frank Russell. Concerns about contagion from
Read moreLondon midday: Stocks fall for fourth straight day as BoE holds rates
10th Jul 2014 12:20
- FOMC minutes remove taper uncertainty - BoE decides to hold policy - Burberry gains, Barratt and AB Foods give up gains - Financials and airlines fall techMARK 2,759.10 -0.83% FTSE 100 6,659.30 -0.87% FTSE 250 15,358.40 -1.23% After a slow start, UK stocks sunk sharply into the red by Thursday l
Read moreFTSE 100 movers: Airlines descend on read-across from Air France-KLM
8th Jul 2014 15:40
Airline stocks IAG and easyJet were falling sharply today as European peer Air France-KLM cut its profit guidance for the year. In comments similar to those made by Deutsche Lufthansa, the French-Dutch airline said that overcapacity on long-haul flights was having an impact on profitability. Hargr
Read moreLondon midday: Airlines, retailers lead UK stocks lower
8th Jul 2014 12:12
- Airlines, retail stocks provide a drag - UK industrial production unexpectedly declines - Alcoa, Fed minutes in focus for US investors - M&S closely watched after Q1 update techMARK 2,816.76 -0.95% FTSE 100 6,790.61 -0.48% FTSE 250 15,731.61 -1.01% Heavy falls in the airline and retail sectors o
Read moreLondon open: Stocks fall for second day on profit-taking
8th Jul 2014 09:11
- Investors continue to take profits after recent rally - Fed, Alcoa Q2 report in focus - M&S impresses with clothing improvement - Miners rise, airlines fall techMARK 2,827.25 -0.58% FTSE 100 6,811.08 -0.18% FTSE 250 15,792.64 -0.63% UK stocks declined for a second day on Tuesday as a lack of pos
Read moreLondon midday: Investors take profits after recent run
7th Jul 2014 12:09
- UK stocks retreat after recent rally, US futures fall - UK manufacturing confidence and German industrial production both retreat - Antogasta, Anglo lead mining stocks lower - Weir Group gains after Citigroup upgrade techMARK 2,848.48 -0.25% FTSE 100 6,850.83 -0.22% FTSE 250 15,943.09 -0.67% It
Read moreLondon open: Stocks inch lower as economic data dampens rally
7th Jul 2014 08:57
- FTSE 100 falls from three-and-a-half week high - UK manufacturing confidence weakens - German industrial output falls - IMF hints at cut to growth forecasts techMARK 2,859.13 +0.12% FTSE 100 6,862.56 -0.05% FTSE 250 16,049.02 -0.01% UK stocks edged lower on Monday morning on the back of weak eco
Read moreSector movers: Antofagasta leads mining stocks higher after US data
3rd Jul 2014 14:29
Mining stocks were benefiting from an improved outlook for the global economy on Thursday as labour-market data from the US smashed analysts' forecasts. The US economy added an impressive 288,000 jobs in June, compared with analysts' forecasts of just 215,000, while the jobless rate unexpectedly dr
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