FTSE 100 movers: RBS's profit impresses
6th May 2011 14:47
RBS is topping the risers after making £1.05bn in underlying first quarter operating profit, p from £0.88bn the year before. Flying higher is airline IAG after it saw an improved performance in the first quarter as it reported its first results since forming from the merger of British Airways and S
Read moreLondon midday: Stocks stuck lower as volatility continues
6th May 2011 12:03
On another jittery day for the top share index, the FTSE 100 is slightly lower having won back some earlier losses. Well received results have failed to lift it into positive territory though. Part-nationalised lender Royal Bank of Scotlandis in demand. It made an underlying first quarter operating
Read moreLondon open: Flat start despite upbeat stocks news
6th May 2011 08:26
An unusually large number of company updates for a Friday has been given the thumbs up overall, but traders remain cautious following the slide over the past two days and the top share index is flat. Part-nationalised lender Royal Bank of Scotlandis in demand. It made an underlying first quarter op
Read moreLondon pre-open: RBS's operating profit tops £1bn
6th May 2011 07:40
London's leading shares are bearing up well considering the triple digit fall last night on Wall Street for the Dow Jones index. City traders expect the Footsie to open around 8 points lower this morning. Part-nationalised lender Royal Bank of Scotland made an underlying first quarter operating pro
Read moreIAG losses narrow in first results
6th May 2011 07:19
International Consolidated Airlines saw an improved performance in the first quarter as it reported its first results since forming from the merger of British Airways and Spain's Iberia. The company posted a pre-tax loss of €47m (£28.5m) for the three months to 31 March, much narrower than the €273
Read moreFriday preview: RBS, IAG, US non-farm payrolls
5th May 2011 18:34
After Lloyds Banking dropped a bombshell by making a £3.2bn provision in case it has to pay compensation to customers who were mis-sold payment protection insurance (PPI), the first quarter trading update from the UK's other state-owned bank, Royal Bank of Scotland (RBS), will be awaited with a cert
Read moreFTSE 100 movers: Aggreko leaps on full year guidance
27th Apr 2011 13:39
Temporary power supplier Aggreko has surged ahead after saying it expects its full year profits to be slightly ahead of 2010 after a strong start to the year. Airline IAG is firmly highly, continuing from strong gains made yesterday. Engineers GKN, IMI and Weir Group are also among the best perfo
Read moreFTSE 100 movers: IAG tops the risers
26th Apr 2011 14:31
Airline IAG, luxury brand Burberry and chip giant ARM are the best performing blue chips. Rio Tinto is edging higher after coming to an agreement with the government of Guinea, paving the way for work to begin on the Simandou iron ore project in the southern part of the country. Meanwhile, sector
Read moreLondon close: Shares slump as worries resurface
12th Apr 2011 16:38
The top share index's losses were almost in the triple digits by the close of trade after a steady day of losses amid worries over global economic growth. The IMF lowered its US 2011 GDP growth forecast by -0.2 percentage points, to 2.8%. Nor did Britain emerge unscathed. The IMF revised down its
Read moreLondon afternoon: More losses after weak US start
12th Apr 2011 15:31
The top share index has run into further selling after a poor start on Wall Street. Worries over global growth have re-emerged. The IMF lowered its US 2011 GDP growth forecast by -0.2 percentage points, to 2.8%. Nor did Britain emerge unscathed. The IMF revised down its growth expectations this y
Read moreFTSE 100 movers: Miners lead the decline
12th Apr 2011 13:54
Falling metals prices in response to escalating problems in Japan have pressured miners lower. Kazakhmys, Eurasian Natural Resources Corp, Anglo American, Antofagasta and Fresnillo are all losing 3% or more. Meanwhile, airline IAG and cruise operator Carnival are among the best performers, helped
Read moreLondon midday: FTSE 100 slips below 6,000
12th Apr 2011 12:04
The top share index is back below 6,000 points as concerns over global economic growth weigh on sentiment. The IMF lowered its US 2011 GDP growth forecast by -0.2 percentage points, to 2.8%. Nor did Britain emerge unscathed. The IMF revised down its growth expectations this year from 2%to 1.7%. Me
Read moreLondon open: Global growth worries hit stocks
12th Apr 2011 08:22
Stocks are on the back foot after the International Monetary Fund slashed its growth forecasts for the US and amid renewed worries over Japan after its earthquake. The IMF lowered its US 2011 GDP growth forecast by -0.2 percentage points, to 2.8%. Nor did Britain emerge unscathed. The IMF revised
Read moreFTSE 100 movers: Banks firmer after ICB report
11th Apr 2011 15:02
The banking sector is performing well today after a report from the Independent Commission on Banking (ICB). The ICB stopped short of recommending that banks that have investment banking arms should demerge those operations. Instead, it has recommended that banks' retail operations should be protec
Read moreBroker tips: GKN, Gulf Keystone, Airlines
11th Apr 2011 12:13
Charles Stanley downgrades automotive and aerospace engineer GKN to 'reduce', from 'hold', despite first quarter numbers being 'in line', as it believes that automotive market conditions remain tough. "GKN is a typically early cycle investment and as leading indicators roll over and comparatives, e
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