FTSE 100 movers: Airlines descend on read-across from Air France-KLM
8th Jul 2014 15:40
Airline stocks IAG and easyJet were falling sharply today as European peer Air France-KLM cut its profit guidance for the year. In comments similar to those made by Deutsche Lufthansa, the French-Dutch airline said that overcapacity on long-haul flights was having an impact on profitability. Hargr
Read moreLondon midday: Airlines, retailers lead UK stocks lower
8th Jul 2014 12:12
- Airlines, retail stocks provide a drag - UK industrial production unexpectedly declines - Alcoa, Fed minutes in focus for US investors - M&S closely watched after Q1 update techMARK 2,816.76 -0.95% FTSE 100 6,790.61 -0.48% FTSE 250 15,731.61 -1.01% Heavy falls in the airline and retail sectors o
Read moreLondon open: Stocks fall for second day on profit-taking
8th Jul 2014 09:11
- Investors continue to take profits after recent rally - Fed, Alcoa Q2 report in focus - M&S impresses with clothing improvement - Miners rise, airlines fall techMARK 2,827.25 -0.58% FTSE 100 6,811.08 -0.18% FTSE 250 15,792.64 -0.63% UK stocks declined for a second day on Tuesday as a lack of pos
Read moreBroker tips: Weir, Rio Tinto, Polymetal, Clinigen
7th Jul 2014 12:39
Shares in Weir Group were making decent gains on Monday morning after the stock was upgraded from 'neutral' to 'buy' at Citigroup, which said that the engineer's opportunities in oil and gas are "underappreciated" by the market. The bank said that "Weir deserves a premium rating to the sector to re
Read moreLondon midday: Investors take profits after recent run
7th Jul 2014 12:09
- UK stocks retreat after recent rally, US futures fall - UK manufacturing confidence and German industrial production both retreat - Antogasta, Anglo lead mining stocks lower - Weir Group gains after Citigroup upgrade techMARK 2,848.48 -0.25% FTSE 100 6,850.83 -0.22% FTSE 250 15,943.09 -0.67% It
Read moreCredit Suisse sees upside to cost-cutting targets at Rio Tinto
7th Jul 2014 09:24
Credit Suisse has repeated its 'outperform' stance on diversified miner Rio Tinto, giving an optimistic outlook on cash generation and cost cutting. A 4,000p target price was maintained for the bank's "Focus List" stock. After a tour of Rio's North American operations, Credit Suisse said it "revea
Read moreLondon open: Stocks inch lower as economic data dampens rally
7th Jul 2014 08:57
- FTSE 100 falls from three-and-a-half week high - UK manufacturing confidence weakens - German industrial output falls - IMF hints at cut to growth forecasts techMARK 2,859.13 +0.12% FTSE 100 6,862.56 -0.05% FTSE 250 16,049.02 -0.01% UK stocks edged lower on Monday morning on the back of weak eco
Read moreLondon open: Markets subdued on quiet end to week
4th Jul 2014 08:58
- Quiet start, US markets closed - No economic data on tap - Airlines in focus after traffic stats techMARK 2,855.35 +0.12% FTSE 100 6,856.48 -0.13% FTSE 250 16,051.76 +0.14% After hitting a three-and-a-half week high the previous day, UK stocks opened slightly lower on Friday in a quiet end to a
Read moreLondon open: Stocks edge higher ahead of key data
2nd Jul 2014 09:21
- Markets await US data, Yellen speech - Services data, ECB meeting and non-farm payrolls due out Friday - Mothercare jumps after Destination Maternity bid techMARK 2,838.22 +0.20% FTSE 100 6,821.55 +0.27% FTSE 250 15,914.05 +0.46% UK stocks edged higher on Wednesday morning though upside was limi
Read moreFTSE 100 movers: Chinese PMI drives mining sector higher
1st Jul 2014 16:35
A decent set of manufacturing figures from China helped drive the mining sector higher as investors turned bullish on the outlook for demand. The National Bureau of Statistics said that the official Chinese manufacturing purchasing managers' index (PMI) edged higher from 50.8 in May to 51.0 last mo
Read moreRio Tinto could soon approve Queensland bauxite project
1st Jul 2014 15:54
London-listed mining stocks were pushed higher on Tuesday by an improvement in Chinese manufacturing activity, though Rio Tinto was a standout performer as analysts made positive comments on its bauxite assets in Queensland. After a site visit to Rio's aluminium subsidiary Alcan, Citigroup said tha
Read moreSector movers: Chinese manufacturing PMI boosts mining stocks
1st Jul 2014 14:44
Upbeat manufacturing data from top metals user China gave UK mining stocks a big lift on Tuesday as investors turned bullish on the outlook for demand. The National Bureau of Statistics said that the official Chinese manufacturing purchasing managers' index (PMI) edged higher from 50.8 in May to 51
Read moreLondon midday: Stocks rise as global manufacturing improves
1st Jul 2014 12:06
- China, UK manufacturing PMIs show improvement - Eurozone manufacturing PMI at seven-month low - Mining stocks rise strongly - St. Modwen impresses, Ocado disappoints techMARK 2,825.76 +0.30% FTSE 100 6,780.32 +0.54% FTSE 250 15,798.59 +0.48% Improving manufacturing activity in the UK and China g
Read moreLondon open: Upbeat China data gives markets a boost
1st Jul 2014 08:18
- Chinese manufacturing at six-month high - Global manufacturing PMIs in focus - Ukraine ends ceasefire with rebels techMARK 2,821.23 +0.13% FTSE 100 6,773.37 +0.44% FTSE 250 15,734.94 +0.07% UK equity markets rose strongly on Tuesday morning as upbeat manufacturing data from China gave the heavyw
Read moreLondon open: Stocks rise ahead of data-heavy week
30th Jun 2014 09:06
- Eurozone inflation predicted to remain stable at 0.5% - ECB meeting, US employment report due out later this week - Miners fall but Anglo rises on asset sale rumours techMARK 2,827.12 +0.33% FTSE 100 6,772.40 +0.22% FTSE 250 15,737.98 +0.36% Weakness in the mining sector didn't stop UK stocks fr
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