London open: Pharma M&A gives UK stocks a lift
22nd Apr 2014 08:59
- FTSE 100 at highest since April 4th - Astra jumps on Pfizer takeover speculation - GSK announces massive three-part deal with Novartis techMARK 2,729.51 +1.85% FTSE 100 6,683.16 +0.87% FTSE 250 16,031.64 +0.78% Strong gains from heavyweight pharmaceutical groups gave UK markets a boost on Tuesd
Read moreWednesday broker round-up UPDATE
16th Apr 2014 08:44
Afren: Investec cuts target price from 200p to 195p and stays with its buy recommendation. Alexander Mining: Northland lowers target price from 8.1p to 6.1 and maintains a buy recommendation. Capita Group: JP Morgan ups target price from 1261p to 1279p and maintains an overweight rating. Central
Read moreRio Tinto under fire for safety after deaths in Indonesia
15th Apr 2014 21:32
Rio Tinto was on Tuesday accused by unions and protestors of neglecting safety, leading to the deaths of 33 people in Indonesia last year. Trade union IndustriAll, which represents 50m industrial workers worldwide, said Rio had committed "very wide breaches of fundamental rights" and could have don
Read moreFTSE 100 movers: Royal Mail leads risers, miners slide lower
15th Apr 2014 14:00
Royal Mail shares were in the top spot in today's session, as investors await to hear the government's decision on whether to sell the remaining 30 per cent stake in the group now that the lock-up period has expired. According to the BBC, senior Tories are firmly in favour of a sale. Defensive stoc
Read moreSector movers: Rio Tinto leads miners lower amid weak data from China
15th Apr 2014 14:00
Mining stocks were out of favour on Tuesday on the back of rising concerns about a slowdown in China, falling metal prices and a poor reaction to production figures at sector heavyweight Rio Tinto. A measure of new credit in China declined by almost a fifth in March, figures from the People's Bank
Read moreLondon 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.
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