FTSE 100 movers: BT tops the charts on pension news
23rd Mar 2012 13:53
BT was the top blue-chip performer after the telecoms titan said it will pay off its pension deficit within 10 years. The company announced that it has reached agreement with the trustees of the BT pension scheme that the funding deficit was £4.1bn at June 30th 2011, well down from the £9bn valuatio
Read moreLondon midday: Miners drag Footsie lower
23rd Mar 2012 11:55
- Footsie on track for worst weekly performance YTD - Miners fall, Randgold still hampered by Malian concerns - BT rises on pension deficit arrangement After a strong start, a sell-off in the mining sector dragged the Footsie into the red by lunchtime. Rising commodity prices did little to lift the
Read moreLondon close: Stocks slump on global manufacturing data
22nd Mar 2012 16:57
- PMIs disappoint from China and Eurozone - Miners down on demand concerns, Randgold plummets on Malian military coup - Broker downgrades weigh on stocks After a steep fall early on, London's blue chips traded broadly sideways for the remainder of the day as gloomy economic data weighed on senti
Read moreFTSE 100 movers: Rangold Resources down on reports of military coup
22nd Mar 2012 14:22
Shares in gold miner Randgold Resources sank into the bottom spot on the back of reports of a military coup in Mali, the country where two of its three main projects are located. According to media reports, rebel troops have taken over Malian state radio and television and have announced that they
Read moreLondon midday: Macro data weighs on stocks
22nd Mar 2012 11:43
- PMIs disappoint from China and Eurozone - Miners down on demand concerns, Randgold plummets on Malian military coup - Broker downgrades weigh on stocks The Footsie was firmly lower by lunchtime as a result of heavy losses in the mining sector on the back of some gloomy economic data from China.
Read moreLondon open: Stocks slump on Chinese manufacturing data
22nd Mar 2012 08:33
- Chinese data dampens sentiment - Randgold plummets on Malian troubles - Broker downgrades weigh on AMEC, REIT stocks The Footsie sank in early trading on Thursday with the miners providing a drag after the release of more disappointing economic data from China. Chinese factory activity register
Read moreLondon close: Chinese fears fuel sell-off
20th Mar 2012 16:26
- Miners drop on Chinese outlook - Glencore to buy Viterra for 3.9bn pounds - Supermarket stocks rise on broker upgrades Concerns about slowing growth in China have dampened sentiment today with miners bearing the brunt of the sell-off as falling house prices and rising fuel costs are feared to be
Read moreSector movers: Miners plummet as investors seek defensives
20th Mar 2012 16:13
Miners were the laggards of the day on Tuesday with worries over the Chinese economic outlook prompting a shift into relatively 'safer' assets, such as telecoms and retailers. Concerns about slowing growth in China seem to have dampened sentiment today, with miners bearing the brunt of the sell-off
Read moreFTSE 100 movers: Miners plunge on concerns over Chinese demand
20th Mar 2012 14:00
The miners were the worst performers of the day on Tuesday on fears over the economic outlook for China. Ian Ashby, President of BHP Billiton's iron ore division, told reporters in Australia that "the (Chinese) economy is shifting, it's changing. Steel growth rates will flatten and they have flatt
Read moreLondon midday: Miners tank on Chinese growth fears
20th Mar 2012 12:02
- Inflation falls but not as much as expected - Miners fall on Chinese demand concerns - National Grid advances after a kind word from Nomura The Footsie slumped to its lowest levels of the day by midday, down a whole percentage point, after UK inflation fell at a lower-than-expected pace and worri
Read moreMiners drop on Chinese growth fears - UPDATE
20th Mar 2012 09:22
The world's biggest mining company, BHP Billiton, has said that Chinese demand for iron ore is "flattening", prompting a sell-off in the resources sector on Tuesday. Ian Ashby, President of BHP's iron ore division, told reporters in Australia that "the (Chinese) economy is shifting, it's changing.
Read moreLondon open: Miners pull the Footsie lower
20th Mar 2012 08:36
- Miners fall as BHP warns of slowing steel production in China - OBR to raise UK GDP forecasts for 2012 - ARM, National Grid, United Utilities rise after upgrades The FTSE 100 slumped in the opening hour on Tuesday as the miners dragged the blue chip index into the red for a second day. According
Read moreLondon pre-open: Stocks down ahead of today's CPI and RPI data
20th Mar 2012 07:28
City sources predict the FTSE 100 will open down 19 points from yesterday's close of 5,961 ahead of today's Consumer Price Index and Retail Price Index data as investors await fresh direction from the market. Advertising and media giant WPP is to buy a minority stake in Pakistan-based marketing
Read moreRio Tinto issues clutch of fixed rate bonds
20th Mar 2012 07:03
Mining colossus Rio Tinto has announced a clutch of fixed rate bond issues with a weighted average maturity of 11.6 years. The offering comprises $500 million of three-year, $500 million of five-year, $1 billion of 10-year and $500 million of 30-year debt securities, making $2.5bn in total. Coupon
Read moreSunday tip round-up: Dogs of the FTSE, Investors´ favourites
18th Mar 2012 14:07
Since the year 2000 experience seems to show that investing in the highest yielding stocks of the UK´s benchmark index, when the economy is recovering, can be a sound strategy. Therefore, given signs that the worst is over the Midas team at the Daily Mail has decided to re-launch their 'Dogs of the
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