FTSE 100 movers: LSE climbs on revenue rise
15th May 2014 15:29
LSE rose strongly after it reported a 10 per cent rise in annual revenue to 1.1bn pounds helped by the acquisition of LCH.Clearnet business. While profits fell on the back of higher expenses due to the purchase, the company said it has identified significant cost savings as part of the integration.
Read moreLondon midday: Markets post small gains amid earnings, ECB speculation
15th May 2014 11:43
- ECB speculation picks up after weak GDP - LSE jumps after strong annual results - Aviva, Old Mutual disappoint with earnings - Thomas Cook leads travel sector lower techMARK 2,781.23 -0.42% FTSE 100 6,889.08 +0.15% FTSE 250 15,857.35 -0.73% UK stocks were fluctuating at 14-year highs on Thursday
Read moreFTSE 100 movers: Miners rise on JPMorgan comments
12th May 2014 15:20
Upbeat comments from JPMorgan Chase & Co and a good performance on Chinese markets overnight gave the mining sector a boost today. The US bank upgraded its rating for the European mining sector from 'underweight' to 'overweight' on the back of falling costs and improving demand from China. Rio Ti
Read moreLondon close: Traders book profits ahead of key risk events
9th May 2014 16:59
- FTSE closes down 24.68 points at 6,814.57 - Permanent salaries grow at quickest since 2007 - Petrofac slumps - NIESR ups UK growth forecasts techMARK 2,782.32 -0.89% FTSE 100 6,814.57 -0.36% FTSE 250 15,885.21 -0.52% UK stocks ended the final session of the week in the red, weighed by Petrofac a
Read moreFTSE 100 movers: Petrofac dives on profit warning
9th May 2014 15:08
Shares in oilfield services firm Petrofac have sunk more than 15 per cent today after the company warned on profits, saying its bottom line in 2014 is likely to weaken due to lower-than-expected earnings from its IES division. The company, which had previous guided to 'flat to modest growth' in net
Read moreBroker tips: IAG, Serco, Grafton, Tullett Prebon
9th May 2014 12:39
British Airways and Iberia owner IAG is 'clearly making progress', according to Hargreaves Lansdown Stockbrokers which said that reduced losses in the first quarter were better than forecast. Hargreaves said that hopes of a return to a payment of a dividend "are moving onto the agenda". It added: "
Read moreLondon midday: Stocks pull back on earnings, Petrofac plummets
9th May 2014 11:35
- Petrofac delivers profit warning, IAG and Friends Life fall - Stocks pull back from recent highs - Chinese inflation slows to 18-month low techMARK 2,789.07 -0.65% FTSE 100 6,817.83 -0.31% FTSE 250 15,908.47 -0.38% UK stocks retreated from a near 11-week high on Friday with a raft of disappointi
Read moreIAG 'clearly making progress' after Q1, says Hargreaves Lansdown
9th May 2014 09:26
British Airways and Iberia owner IAG is 'clearly making progress', according to Hargreaves Lansdown Stockbrokers which said that reduced losses in the first quarter were better than forecast. For the three months ended March 31st, the group reported an operating loss of €150m before exceptional ite
Read moreLondon open: Petrofac leads fallers as stocks pull back from 11-week high
9th May 2014 08:31
- Petrofac drops after profit warning - FTSE 100 pulls back from highest since Feb 24th - IAG impresses with first quarter, Friends Life falls techMARK 2,792.72 -0.52% FTSE 100 6,823.10 -0.24% FTSE 250 15,899.90 -0.43% UK stocks pulled back from its highest level in nearly 11 weeks on Friday morni
Read moreIAG losses narrow as fuel costs lessen and revenues rise in Q1 - UPDATE
9th May 2014 08:00
First quarter operating losses narrowed at British Airways- and Iberia-owner IAG, helped by higher revenue and reduced fuel costs. For the three months ended March 31st, the group reported an operating loss of €150m (2013 Q1: €278m) before exceptional items, on revenue of €4,203m (2013 Q1: €3,939)
Read moreLondon pre-open: FTSE to decline early on
9th May 2014 07:40
The FTSE is set for a decline early on ahead of what is set to be a reasonably light day for both data and corporate news. The top tier index is expected to open around 17 points below yesterday's close of 6,839.25. The Dow Jones Industrial Average closed modestly higher last night after data sho
Read moreLondon open: Stocks pull back from seven-week high on Ukraine crisis
25th Apr 2014 08:35
- Ukraine-Russia tensions continue to rise - William Hill, Pearson and WPP impress with updates - Tullow drops after abandoning well techMARK 2,746.73 -0.48% FTSE 100 6,682.14 -0.31% FTSE 250 15,946.28 -0.28% UK markets retreated from a seven-week high on Friday morning as rising tensions between
Read morePassenger on Virgin flight to Bali sparks hijack alert
25th Apr 2014 08:29
A passenger who tried to enter the cockpit of a Virgin Australia flight triggered a hijacking alert on Friday. The pilot of the airliner flying to the Indonesian island of Bali from Brisbane reported a hijacking attempt after the 28-year-old man banged on the door of the cockpit trying to get in, a
Read moreFTSE 100 movers: AstraZeneca leads after revenue beats expectations
24th Apr 2014 14:33
AstraZeneca rose on the back of better-than-expected revenue growth of three per cent in the first quarter, driven by the pharmaceutical company's diabetes franchise. Shares were up despite earnings falling more than expected. AstraZeneca's share price surged earlier this week on speculation it coul
Read moreHeathrow claims prices inflated by 320 pounds by lack of third runway
17th Apr 2014 10:14
A report commissioned by Heathrow Airport has claimed that air fares may rise by up to 320 pounds by 2030 if it does not build a third runway. Consulting firm Frontier Economics said that prices for plane tickets were being inflated as demand in London was higher than supple. The report said the
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