London open: Stocks unchanged ahead of Eurozone CPI, US GDP
30th Jan 2015 08:27
UK stocks opened more or less flat on Friday as investors treaded cautiously ahead of some key economic data, including consumer price figures in the Eurozone and growth estimates in the States. London's FTSE 100 was down just 0.04% at 6,808 early on. The release of the Eurozone consumer-price inde
Read moreFTSE 100 movers: Airlines Easyjet and IAG flying high, Dixons hit by downgrade
27th Jan 2015 13:32
Shares in Easyjet ascended after the British budget airline said it now expects an increase in revenues per seat in the first half. The company said revenue per seat at constant currency should rise by 2% on last year, compared with its previous guidance of "flat to very slightly up". It also expect
Read moreLondon midday: Airlines rise, but FTSE lower after weak data, macro concerns
27th Jan 2015 12:01
Weaker-than-expected UK data and concerns over Russia weighed on London's stock exchange on Tuesday, as the market pulled back from its highest level in over four and a half months. US stock futures were also heading lower ahead of the opening bell on Wall Street as tech giant Microsoft underwhelmed
Read moreLondon open: Markets pause ahead of UK GDP, but airlines rise
27th Jan 2015 08:53
UK stocks opened flat on Tuesday with gains in the airline and mining sectors offset by falling bank shares, as markets paused at a fresh four-month high. London's FTSE 100 was down just 0.01% at 6,851.55 early on after settling at 6,852.40 on Monday, its best finish since 5 September 2014 when it c
Read moreAer Lingus willing to recommend improved €1.36bn takeover offer from IAG
27th Jan 2015 07:27
Dublin-based airline Aer Lingus has said it would be willing to recommend a sweetened €1.36bn takeover offer from IAGto its shareholders. After two previous rejections, IAG raised its offer for Aer Lingus on Monday to €2.55 per share. IAG had attempted to take over Ireland's second-largest carrier
Read moreSector movers: Energy stocks and airlines lead advance
26th Jan 2015 18:45
Energy stocks finished the session higher after the secretary general of the Organisation for Petroleum Exporting Countries (OPEC) warned that the price of crude could rebound as high as $200, if circumstances forced the hand of producers, way higher than the record-high of $147 a barrel it hit in 2
Read moreLondon close: IAG gains, Tesco drops
26th Jan 2015 17:25
UK equities managed to finish the day higher despite the unexpectedly strong showing over the weekend for Greece's anti-austerity Syriza party, which almost won an outright majority. The top flight index ended the day 22.81 points higher at 6,855.64 points. Economists expect little volatility as a
Read moreFTSE 100 movers: IAG flying high on hopeful Aer Lingus bid, Supermarkets lower on dividend concerns
26th Jan 2015 14:34
IAG, owner of British Airways, climbed after Irish carrier Aer Lingus confirmed it has received a third takeover bid from its Anglo-Spanish rival. IAG has offered Aer Lingus €2.50 a share in cash plus a dividend of €0.05 a share, up from the previous pitch of €2.40 in cash and €2.30 before that.
Read moreLondon midday: Stocks trip on lower copper and iron ore prices
26th Jan 2015 12:39
London stocks were underperforming their Eurozone peers slightly come midday as commodity prices took it on the chin. Over the weekend Greece's anti-austerity Syriza party came within a whisker of gaining an outright majority. Ironically, that meant that for now the worst political scenarios in the
Read moreLondon open: Stocks wavering as Economists less worried about Greek fallout
26th Jan 2015 09:18
London stocks started the morning moderately lower after Greece's anti-austerity Syriza party came within a whisker of gaining an outright majority in Sunday's elections, although various economists seemed sanguine that even under a worst case scenario the threat to the Eurozone as a whole was rathe
Read moreAer Lingus to accept latest takeover bid from IAG
25th Jan 2015 17:32
IAG, the owner of British Airways, will reportedly announce that Irish airline Aer Lingus has accepted its recent takeover bid. The Irish carrier confirmed on Monday that it was considering a new of €2.50 per share in a move which values it at €1.3bn. The FTSE 100 group may, however, face difficult
Read moreSunday newspaper round-up: IAG, North Sea, Morrisons
11th Jan 2015 19:53
International Airlines Group (IAG) may have to pay as much as €1.6bn to buy Aer Lingus, one of the Irish airline's biggest shareholders told the Sunday Telegraph. Richard Bernstein, investment adviser at Crystal Amber, which owns 2.8% of Aer Lingus, called on AIG to bid up to €3 a share after a €2.4
Read moreIAG could have to pay over £1bn for Aer Lingus
11th Jan 2015 10:41
One of Aer Lingus' largest institutional shareholders has warned that International Airlines Group (IAG) might have to pay as much as €1.6bn (£1.25bn) to take over the Irish carrier. News emerged on Friday that the airline had rejected an improved deal, prompting Crystal Amber, the activist investor
Read moreLondon close: UK stocks at best levels this year as Tesco jumps 15%
8th Jan 2015 16:42
London's FTSE 100 surged by 2.3% on Thursday to close at its best level this year as a massive gain in the share price of heavyweight supermarket group Tesco gave fellow retailers a lift. Increased hopes for central-bank stimulus in Europe, a stabilisation of oil prices and improving economic data f
Read moreLondon close: UK stocks sink 2% on Greek exit fears, oil-price plunge
5th Jan 2015 16:45
Concerns about the Greek crisis and continuing downwards pressure on oil prices drove London's stock market 2% lower on Monday, with investors scaling back their appetite for risk ahead of a busy week. The FTSE 100 finished the session down 130.64 points at 6,417.16, its lowest close since 17 Decemb
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