11th Apr 2012 08:27
- Miners rebound after steep losses yesterday - Eyes on Spanish yields as industrial output slips - BT falls after downgrade The Footsie swung between gains and losses on Wednesday morning after closing at a four-month low the day before. The blue chip index lost 2.24 per cent on Tuesday to finish
Read more4th Apr 2012 14:58
Metals and oil prices were performing poorly today after the Fed quashed expectations of extra stimulus last night, sending the miners to the bottom of the pile on London's blue-chip index. Fresnillo, Evraz, Polymetal, Rio Tinto and Antofagasta were firmly out of favour. Wolseley was down after tra
Read more4th Apr 2012 11:43
- Miners track commodity prices lower - Yields rise at Spanish debt auction - ECB expected to maintain rates London's blue chip index was trading well over a whole percentage point lower by midday as Eurozone concerns continued to dampen the mood ahead of a policy rate decision by the European Cent
Read more3rd Apr 2012 08:26
Nomura has looked at the possibility of a tie-up between the diamond businesses of BHP Billiton and Rio Tinto, both of which have been put up for sale. BHP's and Rio's diamond units are valued at $2.2bn and $1.9bn, respectively, and only represent around 1% of each company net present value. As the
Read more3rd Apr 2012 07:34
Nomura has looked at the possibility of a tie-up between the diamond businesses of BHP Billiton and Rio Tinto, both of which have been put up for sale. BHP's and Rio's diamond units are valued at $2.2bn and $1.9bn, respectively, and only represent around 1% of each company net present value. As the
Read more2nd Apr 2012 16:49
- Chinese, UK, US PMIs beat expectations in March - Eurozone PMI disappoints, jobless rate on the up - Pearson leads the rise on the Footsie, miners also in demand After initially paring gains early on, the Footsie surged in afternoon trade on Monday after some better-than-expected manufacturing d
Read more2nd Apr 2012 14:39
Miners were providing a lift after the better-than-expected manufacturing data from China, which saw the nation's purchasing managers' index rise to an 11-month high of 53.1 in March, from 51 the month before. This boosted hopes for demand in the metals industry with Fresnillo, Rio Tinto and Vedan
Read more2nd Apr 2012 11:36
- Chinese, UK PMIs beat expectations in March - Eurozone PMI disappoints, jobless rate on the up - RBS to dish out dosh to preference shareholders London's blue chips pared earlier gains after some gloomy economic data from Europe. Miners were performing well after better-than-expected manufacturin
Read more2nd Apr 2012 08:26
- Miners wanted after Chinese PMI reaches 11-month high - RBS to dish out dosh to preference shareholders - LSE acquisition of LCH.Clearnet passes milestone UK stocks opened with decent gains on Monday morning as miners rose on the back of some better-than-expected manufacturing data from China.
Read more30th Mar 2012 14:43
Industrial engineers were on the rise, with Weir leading the way in the top spot. Sector peer GKN was a high riser with stock broker Jefferies saying that it believes Volvo Aero would be a "good fit" with GKN Aerospace. "It appears the suggestion GKN might partly fund its acquisition with new equi
Read more30th Mar 2012 11:42
- Investors keep a close eye on meeting in Copenhagen - Eurozone inflation falls but still high - Miners lead the rise by lunchtime The Footsie was making decent gains by Friday lunchtime, snapping a three-day losing streak, as Eurozone ministers meet in Copenhagen to discuss a potential increase i
Read more30th Mar 2012 08:33
- Footsie up before finance ministers meet - Greek PM doesn't rule out third bailout - Miners rise strongly after recent fall London's blue chips started strongly on Friday following a three-day decline for the FTSE 100, with miners leading the way tracking metals prices higher. Eyes are on the E
Read more30th Mar 2012 07:34
City sources predict the FTSE 100 will open up 38 points from yesterday's close of 5,742, as market sentiment grows ahead of today's meeting of Eurozone finance ministers who will discuss whether or not to increase the region's bailout fund. Sweeteners giant Tate and Lyle said trading in the final
Read more30th Mar 2012 07:01
Mining giant Rio Tinto has joined the China Beijing Metals Exchange (CBMX), a new electronic trading platform providing additional iron ore trading channels in the Chinese market. The CBMX brings together buyers and suppliers of commodities and is thought to offer better transparency than existing
Read more29th Mar 2012 09:29
Advanced Medical Solutions: Investec upgrades from hold to buy, target lift at 97p. Antofagasta: UBS downgrades from neutral to sell, target cut from 1,150p to 1,050p. Aquarius Platinum: UBS cuts target from 160p to 155p, neutral rating unchanged. BHP Billiton: UBS cuts target from 2,600p to 2,50
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