FTSE 100 movers: LSE and housebuilders lead as Barclays slumps
26th Jun 2014 15:53
LSE is spending $2.7bn in cash on buying Frank Russell Company in a deal that will combine the group's Russell and FTSE index businesses. Investors seemingly gave a thumbs up to the acquisition with shares rising strongly despite the announcement that it will be part-financed by a $1.6bn rights issu
Read moreHousing stocks gain as BoE unveils 'modest' measures to cool market
26th Jun 2014 13:31
The Bank of England (BoE) announced a series of measures on Thursday to cool the housing market, which it claims is the biggest risk to the economic recovery. However, housing stocks rose strongly in London as investors breathed a sigh of relief in reaction to the proposals which "look - at least a
Read moreLondon midday: Markets erase gains as Barclays and StanChart slump
26th Jun 2014 12:12
- LSE jumps after $2.7bn purchase of Frank Russell - Housebuilders jump as Carney announces "soft" measures to cool housing - Barclays facing allegations of fraud - StanChart reports "disappointing first half" techMARK 2,800.86 +0.42% FTSE 100 6,733.63 0.00% FTSE 250 15,595.09 +0.91% UK markets we
Read moreFTSE 100 movers: InterCo Hotels climbs on bid speculation
23rd Jun 2014 15:52
Shares in InterContinental Hotels Group was near record levels - and technical resistance - with brokers still citing takeover speculation in their reports to clients as the main catalyst behind the recent rise in the stock. Deutsche Bank helped lift BG Group after it reitered its 'buy' recommenda
Read moreLondon midday: Stocks fall on Iraq conflict, but Kentz rockets
23rd Jun 2014 12:00
- Iraq tensions push stocks lower as oil rises - Kentz rockets on SNC-Lavalin bid - Mining stocks higher on China data techMARK 2,841.51 -0.68% FTSE 100 6,807.57 -0.26% FTSE 250 15,698.73 -0.59% UK stocks pared losses on Monday morning but were still trading firmly in the red by midday as ongoing
Read moreLondon open: Iraq conflict dampens stocks, but miners gain
23rd Jun 2014 08:31
- Iraq conflict intensifies as rebels take more ground - Mining stocks gain on China data - Shire pulls back after Friday's jump - ASOS warehouse fire dents shares techMARK 2,846.92 -0.49% FTSE 100 6,795.76 -0.43% FTSE 250 15,731.14 -0.38% UK stocks fell on Monday morning as upbeat economic data f
Read moreSector movers: Housebuilders rise as rate-hike concerns ease
17th Jun 2014 14:12
Housebuilders were making gains in London on Tuesday as stocks rebounded from heavy losses last week on concerns that a sooner-than-expected rate rise could curb the demand for new homes. Bank of England (BoE) Governor Mark Carney warned on Thursday that an interest rate hike - which would be the f
Read moreJP Morgan says potential UK rate rise unlikely to hit housebuilders
17th Jun 2014 10:32
British housebuilders are unlikely to take a major hit from a rise in interest rates, US broker JP Morgan Cazenove said on Tuesday. The industry's shares fell 5% on Friday after Bank of England Governor Mark Carney said an interest rate hike - which would be the first change in borrowing costs sinc
Read moreLondon open: Stocks rebound from seven-week low, but Iraq still in focus
17th Jun 2014 08:20
- FTSE 100 rebounds from lowest since April 28th - Iraq tensions continue, US deploys troops - UK inflation data in focus - Shire gains on M&A hopes, Astra also in spotlight techMARK 2,802.94 +0.21% FTSE 100 6,762.27 +0.11% FTSE 250 15,730.40 +0.15% UK stocks rose slightly on Tuesday morning, boun
Read moreLondon close: FTSE closes firmly lower, housing stocks drag
13th Jun 2014 16:59
- FTSE closes down 65.26 points at 6,777.85 - Oil stocks continue higher, housing stocks sink - Q1 UK construction data revised higher techMARK 2,815.10 -1.11% FTSE 100 6,777.85 -0.95% FTSE 250 15,814.81 -1.93% UK stocks ended the weak on a decidedly negative note, although London's Blue Chips reg
Read moreFTSE 100 movers: Oil stocks gain as housing stocks dive
13th Jun 2014 15:39
Oil and gas stocks were among the handful of names making gains today as share prices tracked oil prices higher, with Shell, BG Group and BP on the rise. Oil prices have surged to a nine-month high amid growing fears about the situation in Iraq, a major oil producer. United Utilities was one of t
Read moreSector movers: Housing and property stocks drop on fears of impending rate hike
13th Jun 2014 14:12
The prospect of a sooner-than-expected rate rise in the UK pushed property stocks and housebuilders lower on Friday, as investors reacted to comments made by policymakers during the Mansion House speeches. Bank of England (BoE) Governor Mark Carney warned on Thursday that the first hike in interest
Read moreLondon midday: FTSE near six-week low as rate-hike speculation sinks housebuilders
13th Jun 2014 11:35
- Housing stocks fall sharply - Carney signals impending rate hike - Osborne acts to cool housing market - Oil stocks track crude higher on Iraq tensions techMARK 2,806.77 -1.40% FTSE 100 6,771.65 -1.04% FTSE 250 15,802.08 -2.01% The increased possibility of a rate hike before the end of the year
Read moreLondon open: Housing stocks weigh as rate-hike expectations increase
13th Jun 2014 08:28
- Housing, property stocks provide a drag - Carney warns of impending interest rate hike - Osborne moves to cool housing market - Oil prices spike on Iraq concerns techMARK 2,830.21 -0.58% FTSE 100 6,817.00 -0.38% FTSE 250 15,984.76 -0.88% Weakness in the housing sector dragged UK stocks lower on
Read moreSector movers: Housebuilders rise on reports of UK brownfield incentives
9th Jun 2014 14:58
Housing stocks were on the rise on Monday amid speculation that the government could soon announce measures to incentivise building on brownfield sites across the UK. According to reports, Chancellor George Osborne could use his Mansion House speech on Thursday to encourage builders to construct ne
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