London 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 moreLondon open: LSE and bwin.party lead stocks higher, Barclays slumps
26th Jun 2014 08:40
- LSE jumps after $2.7bn purchase of Frank Russell - bwin.party surges on sale rumours - Barclays facing allegations of fraud - Carney in focus amid housing market concerns techMARK 2,802.08 +0.47% FTSE 100 6,743.00 +0.14% FTSE 250 15,529.44 +0.49% Strong gains from London Stock Exchange (LSE), bw
Read moreFTSE 100 movers: InterCo Hotels climbs on bid speculation
23rd Jun 2014 15:52
Shares in InterContinental Hotels Group was near record levels - and technical resistance - with brokers still citing takeover speculation in their reports to clients as the main catalyst behind the recent rise in the stock. Deutsche Bank helped lift BG Group after it reitered its 'buy' recommenda
Read moreLondon close: Stocks in holding pattern, watching Middle East and Ukraine
20th Jun 2014 16:59
- Slight rise in the FTSE 100 - Shire jumps after rejecting £27bn AbbVie proposal - TSB rises strongly after IPO - Iran still in the spotlight as Obama sends advisers techMARK 2,860.98 +1.67% FTSE 100 6,825.20 +0.25% FTSE 250 15,791.42 +0.69% UK stocks ended the day slightly higher as investors
Read moreFTSE 100 movers: Shire leaps after rejecting bid from AbbVie
20th Jun 2014 15:32
Shares in Shire surged after the pharmaceutical group rejected a £27bn takeover approach by AbbVie, saying it "fundamentally undervalued" the company and its prospects. Panmure Gordon hiked its target price for the stock on Friday, saying that the AbbVie's proposal was "barely adequate". The broke
Read moreLondon midday: Stocks rise as M&A boosts Shire, TSB jumps on debut
20th Jun 2014 11:39
- FTSE 100 at one-week high - Shire jumps after rejecting £27bn AbbVie proposal - TSB rises strongly after IPO - Iran still in the spotlight as Obama sends advisers techMARK 2,849.46 +1.26% FTSE 100 6,827.82 +0.29% FTSE 250 15,761.52 +0.49% UK stocks were making gains on Friday as yet more M&A fev
Read moreLondon open: Shire leads FTSE higher as investors eye Iraq
20th Jun 2014 08:43
- Shire jumps after £27bn AbbVie approach - Mining stocks rise - Obama sends 300 military advisers to Iraq techMARK 2,851.07 +1.31% FTSE 100 6,827.84 +0.29% FTSE 250 15,745.93 +0.40% A strong performance from mining stocks and more M&A activity in the pharmaceutical sector gave UK markets a boost
Read moreFTSE 100 movers: Shire rises on reports of bid preparation
17th Jun 2014 15:37
Pharmaceutical group Shire was making gains after Reuters reported that it has hired investment bank Citi as an advisor as it braces itself for takeover bids. The company's Irish tax base and its mid-sized market value of £22bn makes it a prime acquisition target, analysts told the news agency. Whi
Read moreLondon open: Stocks rebound from seven-week low, but Iraq still in focus
17th Jun 2014 08:20
- FTSE 100 rebounds from lowest since April 28th - Iraq tensions continue, US deploys troops - UK inflation data in focus - Shire gains on M&A hopes, Astra also in spotlight techMARK 2,802.94 +0.21% FTSE 100 6,762.27 +0.11% FTSE 250 15,730.40 +0.15% UK stocks rose slightly on Tuesday morning, boun
Read moreLondon close: Downbeat finish for FTSE as geopolitical tensions weigh
16th Jun 2014 16:59
- FTSE 100 closes 23.21 points lower at 6,754.64 - Iraq tensions escalate, oil prices rise - Bad new for UK high street techMARK 2,797.06 -0.64% FTSE 100 6,754.64 -0.34% FTSE 250 15,706.73 -0.68% London's blue chips ended today's session broadly lower, hit by weak investor sentiment amid mounting
Read moreFTSE 100 movers: Precious metals miners lead gains
16th Jun 2014 15:05
Fresnillo, Randgold Resources, Glencore, BHP Billiton and Anglo American were all tracking metals prices higher. Glencore was also lifted by Investec, which moved its target price from 302p to 319p and upgraded the stock from 'reduce' to 'hold'. Driven higher by supply concerns, rising oil prices
Read moreLondon midday: Stocks extend multi-week lows on Iraq fears
16th Jun 2014 11:29
- Stocks inch lower, trading at six-week low - Markets "pause for breath" after sell-off, says analyst - Iraq concerns keep pushing crude prices higher - Smith & Nephew falls on Medtronic-Covidien tie-up techMARK 2,792.67 -0.80% FTSE 100 6,759.65 -0.27% FTSE 250 15,680.35 -0.85% Bargain hunters we
Read moreLondon open: Stocks near 14-year high after upbeat Asian data
9th Jun 2014 08:33
- China trade surplus doubles as exports rise - Japanese consumer confidence improves, GDP revised higher - Rio gains on Credit Suisse comments - Lloyds fall after pricing TSB IPO techMARK 2,852.63 +0.04% FTSE 100 6,872.71 +0.21% FTSE 250 16,239.01 +0.04% Yet another record close on Wall Street fe
Read moreFTSE 100 movers: IAG and St James's Place are biggest risers
6th Jun 2014 14:37
International Consolidated Airlines (IAG) rallied after announcing passengers on its European British Airways flights will soon have access to in-flight broadband for the first time. St James's Place gained after Barclays reiterated an 'overweight' rating for the wealth manager. Whitbread advanc
Read moreLondon open: UK markets flat ahead of 'risk events', Tesco in focus
4th Jun 2014 08:39
- Markets await ECB meeting, US jobs - UK services PMI, ADP data in focus today - Tesco LFL sales worsen but beat forecasts techMARK 2,816.36 +0.08% FTSE 100 6,839.73 +0.05% FTSE 250 15,990.30 +0.12% UK stocks were struggling for direction on Wednesday morning as investors continued to show cautio
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