FTSE 100 movers: Schroders leads fallers
8th Aug 2014 15:45
Shares in Schroders fell on Friday after the boss of sector peer Aberdeen said that investors were too bullish on UK fund managers. Aberdeen's chief executive Martin Gilbert was quoted as saying that the industry "has over-promised and under-delivered". Consumer products groups were also on the d
Read moreLondon midday: FTSE 100 near 6,600 as Ukraine crisis sinks stocks
6th Aug 2014 12:09
- Russian troops amass along Ukraine border - UK, Italian and German data disappoints - Ex-dividend stocks fall - StanChart falls after results, Shire drops FTSE 100 6,604.48 -1.17% FTSE 250 15,162.03 -1.24% techMARK 2,708.06 -1.23% Fears about a possible Russian invasion of Ukraine sparked a sell
Read moreLondon open: UK stocks drop as Ukraine crisis intensifies
6th Aug 2014 09:10
- Russia builds up troop numbers along border - German factory orders slump 3.2% - Ex-div stocks fall, Sage rises after appointing new CEO techMARK 2,728.84 -0.47% FTSE 100 6,646.91 -0.53% FTSE 250 15,263.85 -0.57% UK stocks dropped on Wednesday morning as heightened geopolitical tensions hit risk
Read moreTuesday tips round-up: Hiscox, Reckitt Benckiser, GlaxoSmithKline
29th Jul 2014 07:56
Insurance outfit Hiscox is one of the most respected names in its sector and for good reason. For the first half of the year the outfit achieved a combined ratio of 82%. That marks a deterioration on the 74.7% seen in the comparable period of the year before but is nevertheless a good result. The co
Read moreLondon close: Traders bide their time ahead of US jobs data
28th Jul 2014 17:26
- BskyB paces gains - Lloyds fined $370m by UK and US authorities - Aberdeen Asset Management sees slight drop in AuM techMARK 2,776.05 -0.83% FTSE 100 6,788.07 -0.05% FTSE 250 15,616.53 -0.48% The Footsie finished the session slightly lower as traders bided their time ahead of a raft of key data
Read moreSector movers: Industrial metal and mining stocks slump
28th Jul 2014 15:56
Industrial metal and mining stocks dragged on the market on Monday as data showed gold purchases by China fell 19% in the first six months of the year. Gold futures expected to decline in July after rising 10% in the first half of the year. Also weighing on the sector was a drop in copper prices.
Read moreFTSE 100 movers: Reckitt Benckiser up on plan for drugs arm
28th Jul 2014 15:18
Household goods group Reckitt Benckiser climbed after it unveiled plans to hive off its drug arm into a separate UK-listed company. The rise came despite the group warning of a potentially tough second half. British Sky Broadcasting Group has made an equity investment of around $400,000 in Jaunt, a
Read moreBroker tips: African Barrick Gold, RBS, Reckitt Benckiser
28th Jul 2014 14:33
African Barrick Gold (ABG) delivered a brilliant performance during its second quarter and first half of the year, with accelerating free cash flow generation set to drive a re-rating of the shares, according to analysts at UBS. The broker thus highlights how all-in sustaining costs (AISC) dropped
Read moreLondon midday: Stocks edge higher
28th Jul 2014 12:28
- GSK break-up possibly on the cards - RyanAir reports doubling of first quarter profits - Aberdeen Asset Management sees slight drop in AuM techMARK 2,792.12 -0.26% FTSE 100 6,802.87 +0.17% FTSE 250 15,630.82 -0.39% The Footsie was largely unchanged come the midday point of the session ahead of a
Read moreInnovation and investment still in play at Reckitt Benckiser, says Hargreaves Lansdown
28th Jul 2014 11:56
Reckitt Benckiser's first half results were "broadly in line", according to Hargreaves Lansdown. The household goods group reported revenue at constant exchange rates rose 3% to £2.3bn on a similar rise in underlying operating profit to £1.08bn. But underlying diluted earnings per share fell 4% to
Read moreJefferies says drug flotation plan takes shine off Reckitt Benckiser results
28th Jul 2014 10:11
Uncertainty surrounding a decision by Reckitt Benckiser to de-merge its drug arm has taken the shine off strong first-half results from the household goods group, broker Jefferies said. Reckitt, whose products include Cillit Bang, Nurofen and Strepsils, on Monday said first half net revenue at cons
Read moreLondon open: Stocks in holding pattern ahead of key data
28th Jul 2014 09:24
- GSK break-up possibly on the cards - RyanAir reports doubling of first quarter profits - Aberdeen Asset Management sees slight drop in AuM techMARK 2,794.05 -0.19% FTSE 100 6,800.81 +0.14% FTSE 250 15,661.43 -0.19% The Footsie was trading little changed early on in the session, ahead of what was
Read moreReckitt Benckiser to hive off drug arm as it warns of tough H2
28th Jul 2014 07:40
Household goods group Reckitt Benckiser unveiled plans to hive off its drug arm into a separate UK-listed company as it reported higher first half revenue and profit at constant exchange rates, but warned of a potentially tough second half. Reckitt, which makes products such as Nurofen, Strepsils a
Read moreLondon pre-open: Investors gear up for busy week
28th Jul 2014 07:37
The FTSE is set for a small gain early on, ahead of what is set to be a busy week, particularly in the latter half. The top tier index is predicted to open around 20 points higher than Friday's close of 6,791.55, according to City sources. With geopolitical tensions continuing to be in focus, tr
Read moreBroker tips: Rolls-Royce, Reckitt, Mitchells & Butlers, Majestic
16th Jun 2014 12:45
Societe Generale has cut its recommendation for engine maker Rolls-Royce from 'hold' to 'sell', saying that earnings forecasts are at risk. Ahead of the company's investor briefing in London on Thursday, the bank said: "We expect some concerns over the outlook for 2014 earnings given management gui
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