FTSE 100 movers: Tullow Oil dives on drilling plans
17th Apr 2013 14:47
Tullow Oil saw its shares drop significantly after its joints venture partner Northern Petroleum gave an update on one of its wells at its joint venture project in French Guiana. Following an announcement by Northern Petroleum, the company confirmed that the GM-ES-3 well, which to-date has had no si
Read moreLondon midday: FTSE 100 on track for fourth straight loss
17th Apr 2013 11:39
A number of heavyweight stocks going ex-dividend assured that London's FTSE 100 index was in the red for a fourth consecutive day on Wednesday, while concerns over the global economy continued to weigh on sentiment. Global growth fears have hit markets over the last few days after a surprise slowdo
Read moreLondon open: Ex-div stocks sink markets early on
17th Apr 2013 08:47
The FTSE 100 was in the red for the fourth straight day on Wednesday as a number of ex-dividend stocks provided a drag on London's benchmark index. Global growth concerns have weighed on markets over the last few days after a surprise slowdown was reported in China in the first quarter. These fears
Read moreRecord quarter for Hargreaves Lansdown
17th Apr 2013 07:08
Financial service company Hargreaves Lansdown said assets under administration (AuA) reached record levels in the last three months as investor confidence continues to improve. Assets under administration increased by £4.7bn in the three months to March 31st 2013 to £35.1bn. The group also recorded
Read moreMulberry non-executive opens account
9th Apr 2013 15:50
A Non-Executive Director of high-end designer Mulberry has underlined his support for troubled company with the purchase of 10,000 shares. Steve Grapstein purchased the shares - which mark his only holding in the group - in two equal tranches. The first half were bought for 920p, and the second f
Read moreLondon midday: FTSE 100 pulls back from five-year highs
13th Mar 2013 11:33
Stocks pulled back from five-year highs on Wednesday morning as traders took profits after industrial production data from the Eurozone disappointed. So far this year, the FTSE 100 index has gained nearly 10% and was yesterday trading near levels not seen since late 2007. Weighing on markets this
Read moreFTSE 100 movers: Compass rises on strong first quarter
7th Feb 2013 14:58
Contract caterer Compass was a high riser after having a good first quarter with expectations for the full year unchanged as its North America and emerging market business segments performing strongly. Telecoms group Vodafone rose despite posting a 1.8% drop in revenue for the last three months of
Read moreLondon close: Political uncertainty caps gains
6th Feb 2013 16:48
If in the best of times equities would find it hard going to continue advancing in the face of higher bond yields and rising energy quotes then even more so now that political uncertainty in the Eurozone, namely in Italy this time, as well as in the US is re-emerging a little. Thus, in the ear
Read moreSector Movers: Financial Services led higher by Hargreaves Lansdown
6th Feb 2013 16:20
The financial service sector was led higher by Hargreaves Lansdown on Wednesday after the company posted record revenues and profits for the second half of 2012, driven by a boost in client numbers. The FTSE 100 group said revenue was up 24% to £140.3m, while profit before tax rose 30% to £93.7m.
Read moreFTSE 100 movers: Hargreaves Lansdown rises on record revenue
6th Feb 2013 15:28
Financial service company Hargreaves Lansdown on Wednesday posted record revenue and profits for the last half of 2012 driven by a boost in client numbers. Those prompted an upgrade out of Cannacord to buy. Metal mining company Eurasian Natural Resources was higher following the release of its fou
Read moreLondon midday: Stocks holding higher for now
6th Feb 2013 12:00
By the midday mark the Footsie was continuing to trade slightly higher, tracking overnight gains on Wall Street and in Tokyo. The latter came in response to news that Bank of Japan Governor, Masaaki Shirakawa, will step down on March 19th, almost three weeks ahead of schedule, which some observers
Read moreLondon open: Stocks undaunted ahead of central banks
6th Feb 2013 09:24
The Footsie has begun the day with a moderate move higher, tracking overnight gains on Wall Street and in Tokyo. The latter came in response to news that Bank of Japan Governor, Masaaki Shirakawa, will step down on March 19th, almost three weeks ahead of schedule, which some observers interpreted a
Read moreLondon pre-open: Modest gains expected on FTSE in early trading
6th Feb 2013 07:30
City sources predict the FTSE 100 will open up 10 points from yesterday's close of 6,283, tracking gains seen in Asia overnight. In the US, the major equity indices finished close to their best levels of the day after recovering almost completely from the previous day's swoon. This followed the
Read moreHargreaves Lansdown posts record revenues and profits
6th Feb 2013 07:01
Financial service company Hargreaves Lansdown on Wednesday posted record revenues and profits for the last half of 2012, driven by a boost in client numbers. The FTSE 100 company said revenue was up 24% to £140.3m, while profit before tax rose 30% to £93.7m. Chief Executive Officer Ian Gorham sai
Read moreLondon close: Corporate earnings, services data push markets higher
5th Feb 2013 16:27
The FTSE 100 staged a partial recovery today after Monday's sell-off, with decent corporate earnings and better-than-expected service-sector data doing their bit to repair damaged market sentiment. London's benchmark index slumped 100 points yesterday as political uncertainty in the Eurozone result
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