London midday: Losses pared but geopolitics still a concern
8th Aug 2014 12:10
- US authorises Iraq airstrikes - Fighting resumes in Gaza - TUI Travel and wider sector tumbles - Banks, supermarkets, precious metals limit losses techMARK 2,684.77 -0.93% FTSE 100 6,559.47 -0.57% FTSE 250 15,185.28 -0.36% UK stocks had pared early losses but were still firmly in the red by Frid
Read moreLondon open: Geopolitics knocks another 1% off FTSE 100
8th Aug 2014 09:15
- Obama authorises Iraq airstrikes - FTSE 100 set to close at lowest since March - Travel and leisure stocks fall, TUI Travel declines techMARK 2,678.52 -1.16% FTSE 100 6,533.19 -0.97% FTSE 250 15,099.86 -0.92% UK stocks sank sharply on Friday, dropping to levels not seen in months, as heightened
Read moreLondon midday: FTSE 100 near 6,600 as Ukraine crisis sinks stocks
6th Aug 2014 12:09
- Russian troops amass along Ukraine border - UK, Italian and German data disappoints - Ex-dividend stocks fall - StanChart falls after results, Shire drops FTSE 100 6,604.48 -1.17% FTSE 250 15,162.03 -1.24% techMARK 2,708.06 -1.23% Fears about a possible Russian invasion of Ukraine sparked a sell
Read moreBritish Airways cancels flights to Sierra Leone and Liberia over Ebola outbreak
5th Aug 2014 17:01
British Airways on Tuesday cancelled flights to Sierra Leone and Liberia following an Ebola virus outbreak. The airline, owned International Consolidated Airlines (IAG), said it has suspended flights until 31 August due to the "deteriorating public health situation" relating to the virus in the two
Read moreFTSE 100 movers: Meggitt disappoints with falling profits, airlines drop
5th Aug 2014 14:50
Shares in Meggitt dropped sharply after it said profits dropped in the first half, reflecting the impact of currency headwinds and disposals on revenue. Underlying pre-tax profit sank 21% to £143.8m, well below analysts' forecasts. Airline peers IAG and Easyjet were reeling in afternoon trade on ru
Read moreSector movers: Transport stocks hit by Russian air concerns
5th Aug 2014 14:48
Transport stocks were the worst performing stocks on Tuesday with airlines hit by negative newsflow and postal group Royal Mail under pressure after cautious comments from Credit Suisse. Airlines such as British Airways owner IAG, Easyjet and Ryanair were reeling in afternoon trade on rumours that
Read moreRussia plans restrictions on European flights
5th Aug 2014 14:47
Russia is considering imposing restrictions on European flights over the country to Asia in a reaction to the economic sanctions imposed by the European Union. According to Russian business publication Vedomosti, Russian officials at the Ministry of Transport and Ministry of Foreign Affairs are con
Read moreFTSE 100 movers: Intertek, HSBC lead risers after H1 results
4th Aug 2014 15:27
Product testing, inspection and certification group Intertek saw its share price surge 7% after half-year profits beat estimates despite sales falling short of forecasts. The company said that earnings per share slipped to 61.2p in the first six months of the year, down 1.1% on the year but above th
Read moreEbola kills 728 in west Africa
4th Aug 2014 15:15
The Ebola virus has killed 728 people so far in Guinea, Liberia and Sierra Leone, in the worst-ever outbreak of the virus. Two American missionary doctors have contracted the virus in Liberia. According to CNN, an experimental drug was sent to the country in order to try and save their lives. The d
Read moreLondon close: PMIs, jobs data, broker comment drag FTSE lower
1st Aug 2014 17:01
- FTSE ended 50.93 points lower at 6,679.18 - UK, Eurozone PMI comes in weak - US jobs increase by 209,000 techMARK 2,751.56 -0.48% FTSE 100 6,679.18 -0.76% FTSE 250 15,402.70 -0.60% The FTSE ended significantly lower as weak Eurozone and UK manufacturing data, US jobs figures and broker downgrade
Read moreFTSE 100 movers: Capita and United Utilities hit by Credit Suisse downgrades
1st Aug 2014 15:55
Capita and United Utilities were heavy fallers after Credit Suisse downgraded its rating on the stocks to 'neutral' and 'underperform', respectively. Schroders continued to move lower following Thursday's results, which saw the group warn that "the short-term outlook for retail investor demand is u
Read moreLondon midday: UK stocks sink 1.4% as investors scale back risk
1st Aug 2014 12:10
- RBS underwhelms with Q2 results - Mining stocks fall as investors scale back risk - Rexam, IAG, Smith & Nephew gain after results - Gaza fighting, US data keeps investors cautious techMARK 2,732.54 -1.17% FTSE 100 6,635.42 -1.41% FTSE 250 15,313.02 -1.18% UK stocks were in the red for the third
Read moreLondon open: Miners, RBS drag UK stocks lower ahead of US data
1st Aug 2014 09:15
- Miners, RBS drag markets lower - US labour-market data in focus - UK stocks follow sell-off on Wall Street techMARK 2,747.58 -0.63% FTSE 100 6,688.51 -0.62% FTSE 250 15,393.35 -0.66% Falling share prices in the mining sector and a cool reaction to quarterly results from Royal Bank of Scotland en
Read moreLondon pre-open: FTSE to track losses seen Stateside
1st Aug 2014 07:46
London's blue chips are expected to extend yesterday's losses early on in Friday's session following a large sell-off in the States on Thursday evening. City sources predict the FTSE 100 will open around 12 points lower than yesterday's close of 6,730.11. US stocks slid after a worse-than-expecte
Read moreIAG moves into black in first half and buys Airbus jets - UPDATE
1st Aug 2014 07:43
British Airways and Iberia owner International Airlines Group (IAG) moved into the black in the first half, said cost-cutting should help it boost annual profits and announced it was buying 16 Airbus jets. IAG made first-half operating profit of €230m against an operating loss of €33m a year ago, w
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