London midday: Stocks edge lower as investors digest data, earnings
15th Apr 2014 11:30
- Chinese, UK and German data disappoints - UK corporate updates come in mixed - US data, earnings in focus this afternoon techMARK 2,644.12 +0.06% FTSE 100 6,577.20 -0.10% FTSE 250 15,693.09 -0.06% UK stocks were trading with small losses on Tuesday on a busy day for economic data and corporate n
Read moreLondon open: Stocks fall after China data and mixed corporate news
15th Apr 2014 08:28
- Chinese new credit falls in March, money supply slows down - Corporate earnings/updates receive mixed reaction - Economic data in focus later on techMARK 2,645.66 +0.12% FTSE 100 6,571.94 -0.18% FTSE 250 15,761.41 +0.38% UK stocks opened with small losses on Tuesday morning after yet more disapp
Read moreRio Tinto delivers record first quarter for iron ore output
15th Apr 2014 07:03
Mining group Rio Tinto said it started the new financial year strongly with record first-quarter iron ore production and shipments, though production eased when compared with the end of last year. Iron ore production reached 66.4m tonnes (Mt) in the first three months of the year, a record for the
Read moreSunday newspaper round-up: Lloyds Banking, Rio Tinto, Tesco
13th Apr 2014 16:14
Lloyds Banking Group is planning to begin the sale of its TSB division in mid-May despite recent market ructions, the Sunday Telegraph said. The initial public offering would see TSB listed on the stock exchange by the end of May. Some investors are questioning the value of 1.5bn to 2bn pounds place
Read moreLondon midday: Stocks at two-week low as Sports Direct and grocers fall
8th Apr 2014 11:52
- FTSE 100 at lowest since March 24th - Ukraine tensions flare up - US stocks fall ahead of Q1 earnings season - Sports Direct sinks on Ashley share sale, grocers fall techMARK 2,697.79 -1.18% FTSE 100 6,559.14 -0.96% FTSE 250 16,015.95 -1.52% UK stocks fell one per cent by Tuesday lunchtime, tra
Read moreLondon open: Sports Direct leads markets lower, Ukraine tensions weigh
8th Apr 2014 08:31
- Ukraine tensions running high - Wall Street sell-off continues ahead of Q1 earnings - BoJ holds steady despite tax hike - Sports Direct slumps, miners gain techMARK 2,725.79 -0.16% FTSE 100 6,609.27 -0.20% FTSE 250 16,217.75 -0.28% Growing tensions in Ukraine pushed UK stocks lower on Tuesday mo
Read moreLondon close: FTSE ends week on positive note as insurers rise
4th Apr 2014 16:59
- US non-farm payrolls up 192,000 in March - UK car registrations rise to best level in a decade - Insurers recover after recent falls techMARK 2,770.41 -0.01% FTSE 100 6,695.55 +0.70% FTSE 250 16,433.67 +0.52% UK stocks ended the week on a buoyant note, although below the 6,700 level surpassed ea
Read moreFTSE 100 movers: Insurers lead upside after recent falls
4th Apr 2014 14:43
Insurance groups RSA, Resolution and Aviva all made decent gains, bucking the trend of recent times, hit by both the Budget statement and the Financial Conduct Authority's plans to review old insurance policies. Pearson was higher after Jefferies upgraded the publisher to 'buy' and raised its targ
Read moreLondon close: Miners ensure negative finish for FTSE
3rd Apr 2014 16:59
- Chinese stimulus comes in below expectations - ECB maintains interest rate - March UK services sector unexpectedly slows techMARK 2,770.71 -0.44% FTSE 100 6,649.14 -0.15% FTSE 250 16,349.06 -0.41% UK stocks settled modestly lower on Thursday as investors weighed up Chinese stimulus measures, det
Read moreSector movers: Miners drop as Chinese stimulus underwhelms, metals fall
3rd Apr 2014 15:24
Mining stocks were falling on Thursday afternoon after an underwhelming 'mini-stimulus' package from top metals consumer China designed to prevent an economic slowdown. The stimulus measures included a tax cut for small businesses and higher funding for more low-income housing and infrastructure.
Read moreFTSE 100 movers: Tullow Oil rises on rating upgrade
3rd Apr 2014 14:59
Tullow Oil shares were making decent gains after UBS upgraded the stock from 'neutral' to 'buy'. The bank said that the investment case for the shares has changed and the risk/reward balance is 'now skewed to the upside'. B&Q and Screwfix owner Kingfisher was higher after revealing that it is in ex
Read moreAntofagasta unharmed by 8.2 magnitude quake in Chile
2nd Apr 2014 08:51
Antofagasta Minerals said its copper operations were unharmed by a strong earthquake in Chile on Tuesday. A 8.2 magnitude earthquake struck off the coast of northern Chile, causing five deaths and triggering a tsunami of two-metre waves. The quake was shallow at 20.1 km below the seabed and struc
Read moreWednesday broker round-up UPDATE
2nd Apr 2014 08:48
Aberdeen Asset Management: Canaccord Genuity reduces target price from 540p to 460p, while its buy recommendation is kept. Anglo American: JP Morgan ups target price from 1260p to 1300p, while leaving its underweight rating unchanged. Aviva: JP Morgan raises target price from 528p to 570p maintain
Read moreTuesday broker round-up UPDATE
1st Apr 2014 09:39
African Barrick Gold: Deutsche Bank raises target price from 240p to 310p and keeps a hold recommendation. African Minerals: Deutsche Bank lowers target price from 399p to 382p, while its buy recommendation is kept. Allergy Therapeutics: Panmure Gordon ups target price from 16p to 25p and retains
Read moreFTSE 100 movers: Babcock gains on nuclear contract
31st Mar 2014 14:00
Babcock International Group was the top riser on Monday after confirming the UK government has chosen the engineering company to manage the decommissioning of 12 nuclear sites. Rio Tinto and Anglo American gained after Credit Suisse named the companies as its top picks in the metals and mining sec
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