FTSE 100 movers: Royal Dutch Shell fails to impress
3rd Feb 2011 13:54
Royal Dutch Shell did not impress the market with more than quadrupled fourth quarter profits. Higher energy prices, an increase in production and cost-cutting provided the positive momentum. Earnings for the last three months of 2010 on a current cost of supplies (CCS) basis surged to $5.7bn from
Read moreLondon close: FTSE 100 falls short despite recovery
31st Jan 2011 16:41
The FTSE 100 struggled all day to drag itself into the blue after an early slide, but remained slightly in negative territory at the close of trading. Travel companies were still friendless as investors fretted about civil unrest in the popular holiday destination of Egypt. Airline IAG, the former
Read moreLondon afternoon: Stocks back on an even keel
31st Jan 2011 14:46
Footsie is more or less back to square one after a lunchtime trading session which saw US oil giant Exxon announce better than expected fourth quarter figures. Travel companies are still friendless as investors fret about civil unrest in the popular holiday destination of Egypt. Airline IAG, the f
Read moreLondon open: Egypt concerns unsettle blue chips
31st Jan 2011 08:54
Asian markets overnight were rattled by the weekend scenes of civil unrest in Egypt and this has put London's blue chips under pressure early on. Travel companies are bearing the brunt of the selling, Airline IAG, the former British Airways, TUI Travel and Intercontinental Hotels have all run into
Read moreFTSE 100 movers: Miners head lower
25th Jan 2011 12:26
Miners are in decline with African Barrick Gold leading them down. Randgold Resources and Kazakhmys are also lower. European banks are out of favour with Lloyds Banking the biggest faller. International Consolidated Airlines has fallen back on its second day of trading. Friends Provident, th
Read moreBroker snap: IAG cleared for take-off
25th Jan 2011 11:57
On just its second day of trading, the newly-formed International Airlines Group (IAG) has received a positive rating by Nomura, as it sees the holding company as a medium-term winner despite some near-term concerns. IAG was formed by the merger of two airlines - Spain's Iberia and the UK's British
Read moreLondon close: Shares jump after sluggish start
24th Jan 2011 16:46
Shares put their early indecisiveness behind them to close with good gains after a decent start on Wall Street. Banks were weak after comments by the head of the Independent Banking Commission over stricter capital rules and possible separation of the retail and investment bank arms. The political
Read moreLondon afternoon: Stocks edge higher
24th Jan 2011 14:49
After a morning of indecision, leading shares pushed on over the lunch time session, despite the weakness of the banking sector. Banks are weak after comments by the head of the Independent Banking Commission over stricter capital rules and possible separation of the retail and investment bank arms
Read moreNGnooncall:Equity markets fairly quiet on slow day for data
24th Jan 2011 13:40
UK UK markets have traded fairly quietly today with the banking sector leading the fallers after the report at the weekend by Sir John Vickers, chairman of the Independent Commission on Banking, said the financial crisis had exposed a "damagingly rickety structure" at the heart of the financial syst
Read moreLondon open: Cautious start to week
24th Jan 2011 08:51
London is muddling along in the early exchanges despite the decent finish to last week on Wall Street. Banks are weak after comments by the head of the Independent Banking Commission over stricter capital rules and possible separation of the retail and investment bank arms. The political problems i
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