London close: US earnings spark surge in UK stocks
16th Oct 2012 16:32
- US earnings lift sentiment - Speculation Spain nearing a bailout request - Germany's Meister says remarks over interpreted -Guardian - German ZEW index beats forecasts Better-than-expected earnings from Goldman and Johnson & Johnson and signs of progress in the Eurozone saw the FTSE 100 surge 1.2
Read moreFTSE 100 movers: Financials, miners jump on increased risk appetite
16th Oct 2012 15:03
Financial and resource stocks were performing well on Tuesday afternoon as investors adopted a 'risk-on' attitude on the back of improved newsflow from the Eurozone and better-than-expected corporate results in the US. Lloyds, Admiral, Royal Bank of Scotland and Barclays were leading financials hig
Read moreLondon midday: Stocks extends gains after German ZEW survey
16th Oct 2012 11:48
- German ZEW index beats forecasts - Markets await results from US blue-chips - Signs of progress in Eurozone lift sentiment UK stocks had held on to gains by Tuesday lunchtime as investors digested some decent economic figures and improving newsflow from the Eurozone. "Financial markets extended
Read moreLondon open: Stocks rise despite contradictory reports on Spain
16th Oct 2012 08:37
- Portugal, Greece and Spain in the spotlight - Markets await economic data from UK and Eurozone - Rio Tinto and Anglo American gain London's FTSE 100 index registered a strong start on Tuesday morning as investors celebrated signs of progress in the Eurozone. Markets finished with just slight ga
Read moreTuesday broker round-up - UPDATE
16th Oct 2012 08:14
Amara Mining: Seymour Pierce keeps buy rating. ASOS: Morgan Stanley initiates coverage with overweight rating and 3,000p target. Bellway: Panmure Gordon raises target from 954p to 957p, hold rating kept; Jefferies keeps hold rating and 1,004p target. British American Tobacco: Nomura keeps buy rat
Read moreMonday newspaper round-up: Austerity, BAE, RBS
15th Oct 2012 07:00
George Osborne has been warned by the International Monetary Fund that he risks further damaging the economy unless the pace of austerity slows and he faces up to the country's "growth challenge". David Lipton, the IMF's deputy managing director, suggested the Chancellor may have to take bolder meas
Read moreBar set too high for European airline sector, says Credit Suisse
12th Oct 2012 12:39
Credit Suisse says that recent momentum in the equity markets has set the bar too high for members of the airline sector to avoid disappointing the market. Analysts at the Swiss bank expect European airlines Air France KLM, International Airlines Group (IAG), and Lufthansa to disappoint with their
Read moreLondon close: US data provides a late boost
3rd Oct 2012 16:34
- US services and labour figures lift stocks - Mixed economic data in China, UK and Europe - FTSE 100 finishes up 0.3 per cent The UK benchmark finished with mild gains on Wednesday afternoon after some better-than-expected data from the US managed to brighten the mood, which was dampened earlier b
Read moreIAG traffic boosted by BA Olympic advertising
3rd Oct 2012 15:20
International Airlines Group (IAG) said September traffic figures had been boosted by heavy promotional activity by British Airways during and after the Olympic Games. However, it said that while trading conditions at its London hub remained 'firm', performance at Madrid, where Iberia is based, con
Read moreLondon close: Spanish concerns dampen stocks
2nd Oct 2012 16:37
- Moody's to reveal Spanish review this month - Banks provide a drag on the Footsie - Bumi and Bank of Georgia are big movers on FTSE 250 After a morning rally into the blue, the Footsie had dropped back into negative territory by the close of trade on Tuesday with uncertainty surrounding Spain con
Read moreFTSE 100 movers: Babcock boosted by buoyant markets
2nd Oct 2012 15:51
Engineering support firm Babcock was performing well today after saying it was enjoying buoyant markets as customers turned to it to make cost savings. Jefferies, Seymour Pierce and Investec all hailed the first-half trading update as "in line", maintaining their 'buy' ratings for the stock while sa
Read moreLondon midday: Stocks swing into the blue
2nd Oct 2012 11:38
- Stocks shrug off Spanish bailout concerns - RBA cuts rates - Babcock and Wolseley rise strongly after updates After a poor start on Tuesday, the FTSE 100 had swung into positive territory by lunchtime with gains from Babcock, Wolseley and International Consolidated Airlines (otherwise known as IA
Read moreQatar Airways denials fail to quell Oneworld speculation
2nd Oct 2012 10:21
Shares in British Airways owner International Consolidated Airline Group (IAG) were flying high on Tuesday morning on reports that Qatar Airways is joining the oneworld Alliance of global airlines. Though the reports were dismissed by Qatar Airways' Chief Executive Officer, Akbar Al Baker, on Monda
Read moreLondon close: Stocks surge after US data, Spanish stress tests
1st Oct 2012 16:45
- US data beats forecasts in September - Reports imply Germany may soften stance on Greece - Banks and miners rise strongly in London - Credit Suisse says Spanish stress test a "generally credible exercise" - Credit Suisse says larger top-down questions remain in stress tests Better-than-forecast m
Read moreFTSE 100 movers: Reckitt rises on CFO appointment
17th Sep 2012 14:19
Reckitt Benckiser, the Anglo-Dutch household goods firm behind the Cillit Bang brand, rose after it nabbed Adrian Hennah from medical technology business Smith & Nephew to be its new Chief Financial Officer. Hennah will get his feet under his new desk in 2013. The company´s share price is also on th
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