Sector movers: Rio Tinto's expansion plans lift mining stocks
28th Nov 2013 15:58
A well-received statement from London-listed diversified mining group Rio Tinto and rising metals prices gave mining sectors a boost on Thursday. Rio Tinto today announced plans to ramp up production at its iron ore business in Western Australia. The FTSE 100 group expects mine production capacity
Read moreLondon close: Mining stocks drag FTSE 100 lower
26th Nov 2013 16:29
- Mining stocks track metals prices lower - Economic data from the US comes in mixed - BTG jumps on US approval of Varithena techMARK 2,649.54 -0.07% FTSE 100 6,636.22 -0.87% FTSE 250 15,306.13 +0.04% Weakness in the mining sector kept markets firmly in the red on Tuesday as a lack of newsflow and
Read moreMonday broker round-up UPDATE
25th Nov 2013 08:00
African Barrick Gold: Goldman Sachs ups target price from 110p to 140p, but still recommends selling. Alternative Asset Opps: Westhouse Securities initiates with a buy recommendation. Amino Technology: Northland Capital cuts target price from 110p to 100p and downgrades from buy to hold. Asian Pl
Read moreFTSE 100 movers: AstraZeneca rises on drug recommendation, TUI sinks
22nd Nov 2013 15:19
Shares in biopharmaceutical business AstraZeneca received a boost on Friday afternoon after the company, alongside sector peer Bristol-Myers Squibb, announced that the Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) had recommended approval of Xigduo, a t
Read moreLondon midday: FTSE falls into negative territory
22nd Nov 2013 11:31
- FTSE falls into the red - TUI drags after stakeholder sells-up - Ofgem rejects cost-saving plans from five out of six firms techMARK 2,641.30 +0.22% FTSE 100 6,668.24 -0.20% FTSE 250 15,160.46 +0.08% The FTSE had retreated into the red by lunchtime, dragged lower by the mining sector and TUI Tra
Read moreLondon close: FTSE ends flat after data-heavy session
21st Nov 2013 16:49
- Flat finish after mixed session - US jobless claims fall - UK car manufacturing grows - Johnson Matthey charges higher techMARK 2,636.63 +0.40% FTSE 100 6,681.33 0.00% FTSE 250 15,148.50 -0.20% UK stocks ended the day broadly flat after a mixed bag of data left investors lacking in any firm dire
Read moreFTSE 100 movers: Johnson Matthey tops leaders after results impress
21st Nov 2013 15:07
Shares in speciality chemicals company Johnson Matthey leapt to the top of the leaderboard after it reported a robust set of half-year results, powered by a strong performance in Emission Control Technologies ahead of new European legislation and good demand for Process Technologies' products. The
Read moreLondon open: Markets head lower ahead of German ZEW data
19th Nov 2013 08:30
- ZEW survey tipped to rise in November - FOMC minutes in focus - easyJet reports strong annual profit growth techMARK 2,640.79 -0.47% FTSE 100 6,684.07 -0.59% FTSE 250 15,241.76 -0.32% UK markets opened firmly lower on Tuesday morning as investors refrained from building positions ahead of a key
Read moreFTSE 100 movers: Aberdeen leaps while Petrofac plunges
18th Nov 2013 15:39
Aberdeen shares soared after saying that it would acquire Scottish Widows Investment Partnership Group from Lloyds. The company also reported annual pre-tax profit jumped 39 per cent on net revenue up 24 per cent, as it raised its full-year dividend by 39 per cent to 16p per share. Vedanta was als
Read moreLondon close: Markets gain on QE speculation, Vedanta drops
15th Nov 2013 17:02
- Stocks extend gains on US stimulus hopes - US industrial production, NY manufacturing data misses forecasts - Vedanta drops sharply after interim report techMARK 2,649.29 0.00% FTSE 100 6,693.44 +0.41% FTSE 250 15,246.58 -0.07% Markets ended Friday's session with decent gains as investors contin
Read moreFTSE 100 movers: Vedanta shares hit by revenue decline
15th Nov 2013 14:27
Mining group Vedanta Resources dropped sharply lower as investors reacted to a 17 per cent drop in first-half revenue to 6.2bn dollars on the back of falling commodity prices. Shares in Centrica extended yesterday's declines which came after it warned market conditions remained challenging, partic
Read moreLondon midday: Markets extend gains on US stimulus hopes
15th Nov 2013 11:38
- Stimulus hopes continue to drive markets after Yellen comments - Eurozone CPI inflation in line with initial estimate - IAG raises profit forecast for 2015 techMARK 2,653.33 +0.15% FTSE 100 6,692.14 +0.39% FTSE 250 15,283.74 +0.17% UK stocks were registering decent gains on Friday morning follow
Read moreLondon close: Markets finish flat after range-bound session
12th Nov 2013 16:19
- Markets rangebound ahead of Inflation Report - UK CPI falls to 13-month low - Taper speculation ramps up after comments from Fed officials techMARK 2,647.80 +0.27% FTSE 100 6,726.79 -0.02% FTSE 250 15,369.08 -0.33% Markets finished more or less flat on Tuesday afternoon after a fairly subdued se
Read moreFTSE 100 movers: Financials and miners stuck in reverse
12th Nov 2013 14:45
Financials were sitting firmly in the red this afternoon after a sharp fall in UK inflation failed to prompt much in the way if a reaction from investors. Aberdeen Asset Management and RBS were two of the biggest fallers, with the latter also being pressured lower by a downgrade by Goldman Sachs f
Read moreLondon midday: Financials, miners drag markets lower
12th Nov 2013 11:42
- UK CPI falls to 13-month low - Dovish comments from ECB members - RBS taken off 'buy' list at Goldman techMARK 2,643.61 +0.11% FTSE 100 6,714.21 -0.21% FTSE 250 15,378.49 -0.27% Investors on Tuesday gave little reaction to a sharp fall in UK inflation as heavy falls in the banking and financial
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