London midday: Banks lead Footsie higher
20th Jul 2009 12:21
Blue chips have continued their recent surge with banks among the top risers as sentiment in the sector is boosted by last week's earnings reports from US rivals. Lloyds Banking is the best performer on a weekend report it could post an interim profit despite enormous bad-debt provisions. Some of i
Read moreLondon open: Good start for Footsie
20th Jul 2009 08:41
Footsie has started the week well after the bumper gains seen on Wall Street at the end of last week. Lloyds Banking is the best performer on a weekend report it could post an interim profit despite enormous bad-debt provisions. Some of its most toxic sub-prime investments have clawed back billions
Read moreLondon pre-open: Lively start expected
20th Jul 2009 07:38
This week's likely to start where we left off on Friday, with decent gains on the back of a late recovery on Wall Street at the end of last week. Futures prices are currently indicating an early rise of about 30 points. Life insurance consolidator Resolution has insisted that any deal with Friends
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