London close: Stocks pull back as investors await Fed decision
17th Dec 2013 16:36
- US inflation data in focus ahead of Fed meeting - UK inflation falls, Eurozone inflation picks up - Supermarket fall on competition from discounters - Car insurance is too high, claims Competition Commission techMARK 2,684.75 -0.05% FTSE 100 6,486.19 -0.55% FTSE 250 15,348.56 -0.23% UK markets p
Read moreLondon open: Markets flat at two-month low, RSA plummets
13th Dec 2013 08:26
- FTSE 100 flat after three straight losses - House passes budget deal at wide margin - Risk appetite still subdued ahead of Fed meeting - RSA plummets after profit warning, CEO exit techMARK 2,661.33 +0.33% FTSE 100 6,446.47 +0.02% FTSE 250 15,234.70 +0.15% UK markets opened more or less flat on
Read moreLondon close: Stocks erase gains as investors weigh US budget, Fed policy
11th Dec 2013 17:01
- Taper speculation picks up after budget deal - Imagination Technologies drops sharply on H2 guidance - RBS, Lloyds lead banks lower - Defence stocks rise on US budget techMARK 2,674.83 +0.08% FTSE 100 6,507.72 -0.24% FTSE 250 15,396.12 -0.10% After a choppy session, UK markets sank into the red
Read moreFTSE 100 movers: easyJet, BAE Systems, BT Group
11th Dec 2013 15:22
easyJet soared to the top of the FTSE 100 on Wednesday after the airline was upgraded by Goldman Sachs to 'conviction buy'. The bank cited the group's ability to grab market share in the short-haul market in Europe as legacy carriers restructure. Defence and security company BAE Systems gained afte
Read moreLondon midday: Markets edge higher after US budget deal, Imagination plummets
11th Dec 2013 11:16
- US agrees on budget deal ahead of Friday deadline - RBS, Lloyds, StanChart lead banks lower - Imagination plummets on cautious guidance techMARK 2,683.01 +0.39% FTSE 100 6,537.76 +0.22% FTSE 250 15,471.94 +0.40% UK markets edged higher on Wednesday morning, with concerns over politician brinkman
Read moreLloyds hit with record fine over sales incentive scheme
11th Dec 2013 10:34
Lloyds Banking Group has been fined 28m pounds by UK regulators for "serious failings" relating to a staff bonus scheme. The scheme rewarded sales staff with bonuses even when products they sold customers were considered unsuitable. The Financial Conduct Authority (FCA), which was launched in Ap
Read moreLondon open: Markets flat on budget deal, taper speculation
11th Dec 2013 08:28
- US negotiators reach budget deal - Taper speculation ramps up ahead of Fed meeting - Imagination disappoints with poor H2 outlook - RBS Finance Director Bostock steps down techMARK 2,678.82 +0.23% FTSE 100 6,524.52 +0.02% FTSE 250 15,401.84 -0.06% Markets opened broadly flat on Wednesday in the
Read moreLondon midday: Weir leads markets higher as stocks rise for third day
10th Dec 2013 11:16
- FTSE 100 tracks S&P 500 higher after another record close - Taper speculation picks up ahead of Fed meeting - China, UK data comes in mixed - Weir extends gains on GE bid reports techMARK 2,685.85 +0.23% FTSE 100 6,571.16 +0.18% FTSE 250 15,455.13 +0.41% UK markets were rangebound on Tuesday mor
Read moreBroker snap: Investec lifts target price for Lloyds
10th Dec 2013 10:05
Investec has raised its target price for Lloyds from 80p to 84p and kept a 'buy' rating for the stock, saying that investors looking to take profits should 'wait a little longer'. "What a wonderful year for Lloyds! Earnings may have remained marginally negative over the past four quarters, and heav
Read moreTuesday broker round-up UPDATE
10th Dec 2013 09:43
Amlin: Westhouse Securities moves target price from 470p to 480p and reiterates an add rating. Antofagasta: Credit Suisse reduces target price from 900p to 750p, while upgrading to neutral. UBS cuts target price from 845p to 765p retaining its neutral rating. Ashley House: WH Ireland moves target
Read moreLondon open: Stocks at one-week high, Lloyds gains
10th Dec 2013 08:17
- UK market at highest since December 2nd - S&P 500 hits 39th record close this year - Taper speculation picks up ahead of Fed meeting - Carney calls for sustained low rates techMARK 2,684.69 +0.19% FTSE 100 6,567.32 +0.12% FTSE 250 15,424.59 +0.21% UK markets opened with small gains on Tuesday mo
Read moreLondon pre-open: Modest rise ahead of UK data, Chinese data mixed
10th Dec 2013 07:29
- FTSE to track US stocks higher - Chinese data comes in mixed - Market awaits UK industrial production numbers City sources predict the FTSE 100 will open nine points below yesterday's close of 6,559.48, as investors balance a new record high on the S&P 500 with mixed data out from China overnigh
Read moreTuesday newspaper round-up: Carney, Royal Mail, EADS...
10th Dec 2013 07:25
Mark Carney, the Governor of the Bank of England, has said it will move to stop the housing market growing at "warp speed", and signalled that it is unlikely to raise interest rates any time soon. Mr Carney said that the bank was concerned about the "potential" for a bubble in the UK housing market,
Read moreLloyds sells remaining stake in St James's Place
10th Dec 2013 07:13
Lloyds has finally offloaded its remaining stake in FTSE 250 wealth management group St James's Place (SJP), as it continues its reduction of 'non-core' assets. The bank confirmed on Tuesday morning that it has placed 109m shares at a price of 630p a piece, raising gross proceeds of £680m. This rep
Read moreLondon midday: Mining stocks drag FTSE 100 lower
9th Dec 2013 11:33
- Miners lower as investors digest China trade data - Japanese growth estimates lowered for Q3 - Tullow disappoints after abandoning well techMARK 2,677.57 +0.26% FTSE 100 6,539.02 -0.20% FTSE 250 15,341.86 +0.16% Weakness in the heavyweight mining sector kept London's FTSE 100 index in the red on
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