London 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 moreWednesday newspaper round-up: Bank of England, GlaxoSmithKline, Banks
28th May 2014 07:23
Bank of England Governor Mark Carney said Tuesday the misdeeds of the financial sector risk undermining public support for free markets and called on bankers to radically improve their behaviour, a sign of simmering frustration in policy circles over a string of misdemeanours. In a forthright speech
Read moreFTSE 100 movers: AstraZeneca slides on bid rejection
19th May 2014 15:20
Pharmaceutical giant AstraZeneca slumped after it rejected a 'final proposal' from US rival Pfizer. The offer, which valued the London-listed group at £69bn, would not be increased any further, Pfizer said, adding that it would not pursue a hostile offer and would only announce another offer with t
Read moreAviva remains a 'work in progress', says Hargreaves Lansdown
15th May 2014 12:50
Hargreaves Lansdown Stockbrokers has hailed the recovery story at Aviva, but has said that the market is likely to maintain a cautious stance on the insurance firm's stock following its recent rally. "Aviva's recovery continues apace, buoyed in particular by a strong showing from the European and A
Read moreLondon open: LSE leads stocks higher as FTSE 100 extends gains
15th May 2014 08:40
- LSE leads financial stocks higher - Dixons and Carphone announce 3.8bn-pound merger - Data-heavy session ahead - Japanese GDP surges in first quarter techMARK 2,794.14 +0.04% FTSE 100 6,886.04 +0.11% FTSE 250 15,984.75 +0.06% Strong gains from London Stock Exchange (LSE) and a merger between Dix
Read moreLondon close: Quiet finish for FTSE, traders eyeing situation in Ukraine
2nd May 2014 16:59
- FTSE closes up 13.55 points at 6,822.42 - BoE Deputy warns 'dangerous' to ignore house price momentum - Eurozone unemployment stuck at 11.8 per cent - US non-farm payrolls rise 288,000 in April, employment drops techMARK 2,794.49 +0.22% FTSE 100 6,822.42 +0.20% FTSE 250 15,930.92 +0.51% UK stock
Read moreLondon close: FTSE higher on GDP data, reports of Russian pull-back
29th Apr 2014 16:59
- FTSE closes up 69.75 points at 6,769.91 - Q1 GDP rises 0.8 per cent - Tensions ease in Eastern Europe techMARK 2,791.25 +0.74% FTSE 100 6,769.91 +1.04% FTSE 250 15,896.64 +0.44% It was an upbeat finish for UK stocks today, with financial companies leading the way on the back of strong UK gross d
Read moreFTSE 100 movers: BG Group regains lost ground, financial stocks rise
29th Apr 2014 15:20
Gas giant BG Group clawed back some of yesterday's heavy losses which came after it delivered a double blow to investors, announcing the departure of Chief Executive Chris Finlayson and warned its 2014 production levels would be at the lower end of expectations due to challenges in Egypt. Financia
Read moreFTSE 100 movers: Sports Direct regains recent lost ground
16th Apr 2014 13:45
Sports Direct, IAG and Ashtead have all been under heavy selling pressure over the past week as investors took profits following some impressive gains over the last year. These stocks, however, were performing well today with Sports Direct the stand-out performer, rising more than 6% after Bank of
Read moreLondon midday: Sports Direct, Burberry and Tesco lead markets higher
16th Apr 2014 11:30
- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45% FTSE 100 6,562.09 +0.31% FTSE 250 15,694.83 +0.67% A recovery by so-called 'momentum' stocks and a
Read moreLondon open: Stocks bounce off three-week low as Tesco gains
16th Apr 2014 08:42
- Tesco, Hargreaves, Burberry and Persimmon rise after updates - Momentum shares bounce back after recent falls - Chinese data mixed, growth slows - Global economic data in focus today techMARK 2,648.70 +0.68% FTSE 100 6,577.56 +0.55% FTSE 250 15,701.67 +0.71% UK stocks rose strongly on Wednesday
Read moreHargreaves Lansdown amasses record AUM and net inflows
16th Apr 2014 07:32
Hargreaves Lansdown amassed a record level of assets under administration (AUA) and net inflows in the first three months of the year as investor sentiment improved. The financial service company reported AUA of £45.7bn, up 30% on 2013, and net inflows of £1.83bn, a year-on-year increase of 1.6%.
Read moreLondon midday: Sell-off continues on Ukraine crisis, but defensives gain
14th Apr 2014 11:40
- Ukraine calls on pro-Russian radicals to lay down arms - Defensive stocks, consumer staples rise as risk appetite falls - Glencore Xstrata sells Las Bambas for 5.85bn dollars techMARK 2,627.27 -1.60% FTSE 100 6,540.54 -0.32% FTSE 250 15,638.88 -1.63% UK markets picked up where they left off on M
Read moreLondon close: FTSE ends week on sour note as stocks plunge
11th Apr 2014 16:59
- FTSE ends 80.27 lower at 6,561.70 - Traders may be squaring books ahead of holidays - Poor weather hits Feb UK construction - Osborne says economic recovery vindicates his approach - MPs to move ahead with proposals for all-female short-lists techMARK 2,670.02 -1.82% FTSE 100 6,561.70 -1.21% FTSE
Read moreFTSE 100 movers: Fresnillo escapes the storm after JP Morgan hikes target
11th Apr 2014 14:56
JPMorgan Cazenove has lifted its price target for Fresnillo from 965p to 1,030p and kept an 'overweight' rating, saying it continues to favour the Mexican precious metals producer over sector peer Hochschild ('neutral'). "We estimate Fresnillo should continue to enjoy lower average costs, aided by
Read more