London midday: Stocks move higher as bargain hunters step in
9th Apr 2014 12:10
- UK economy still struggling to rebalance - Motor insurers off as prices drop - Focus to be on Fed meeting minutes techMARK 2,725.84 +1.05% FTSE 100 6,640.60 +0.76% FTSE 250 16,156.11 +0.88% Equities were continuing to move higher at the midday mark, lifted by a decent performance in the US overn
Read moreLondon open: FTSE begins session with strong upwards momentum
9th Apr 2014 08:50
- FTSE rises around 40 points in first hour - US gains provide driving force - Focus to be on Fed meeting minutes techMARK 2,719.29 +0.81% FTSE 100 6,618.78 +0.43% FTSE 250 16,132.68 +0.74% UK stocks kicked off today's session in a positive fashion, lifted by a decent performance in the US overnig
Read moreRolls-Royce awarded contract with US Navy
9th Apr 2014 07:08
Rolls-Royce has been awarded a 100m-dollar contract to service the F405 (Adour) engines that power the US Navy's T-45 training aircraft. The contractor logistics support contract with the US Department of Defense is a one-year extension to the existing agreement. Rolls-Royce has provided support t
Read moreRolls-Royce wins 17m pounds ship deal
8th Apr 2014 11:46
Marine power and services group Rolls-Royce has won a deal worth more than 17m pounds to supply deck machinery and engines for an Arctic anchor-handling tug supply vessel. Rolls will provide winches, cranes and deck operation equipment for the ship, which is built to handle anchors for oil rigs. N
Read moreRolls-Royce unveils plans for further investment in Brazil
7th Apr 2014 14:33
Rolls-Royce and UK Chancellor George Osborne on Monday jointly announced that the company will invest in Rio de Janeiro State, Brazil, constructing a new marine facility to aid the expansion of the offshore oil and gas industry. Construction on the £22m facility will begin in May and will be used t
Read moreLondon close: Stocks lower as investors tread cautiously
31st Mar 2014 16:58
- ECB under pressure to move on rates - Stocks erase gains but near three-week highs - Copper futures lower ahead of manufacturing PMIs - Small Russian troop pull back techMARK 2,764.65 +0.09% FTSE 100 6,598.37 -0.26% FTSE 250 16,273.72 +0.57% UK stocks ended the day slightly lower as investors op
Read moreLondon open: Stocks at three-week high ahead of data-heavy week
31st Mar 2014 08:29
- Busy week for economic data - German retail sales rise, Eurozone CPI ahead - Insurance stocks rebound after heavy falls techMARK 2,778.57 +0.59% FTSE 100 6,657.68 +0.64% FTSE 250 16,276.97 +0.59% UK stocks were trading at a three-week high on Monday morning as investors began the week in a bulli
Read moreLondon pre-open: Subdued start expected ahead of busy week
31st Mar 2014 07:28
UK stocks are expected to open slightly lower on Monday morning as investors adopt a cautious approach ahead of a busy week. "Whilst much of the strength seen throughout the latter half of last week seemed to show both technical and fundamental elements, there is more of a feeling that we will ret
Read moreRolls-Royce awarded US Marines aircraft contract
31st Mar 2014 07:03
Power systems giant Rolls-Royce has won a 50m-dollar one-year contract to support the US Marines Corps fleet of KC-130J air-to-air refuelling tankers. The MissionCare contract covers so-called "sustainment services" for over 200 Rolls-Royce AE 2100 engines, as well as propellers and other propulsio
Read moreRolls-Royce lands order for Trent 1000 engines
27th Mar 2014 09:53
FTSE 100-listed Rolls-Royce has won a contract with All Nippon Airways (ANA) to supply Trent 1000 engines to power 25 Boeing 787 Dreamliner aircraft. The engines, which are worth $1.1bn, offer the best lifetime fuel burn performance on the 787 Dreamliner and have completed more than 220,000 in-serv
Read moreLondon midday: Stocks rangebound ahead of UK Budget, FOMC
19th Mar 2014 11:33
- Osborne's 2014 Budget in focus - Jobless rate, BoE minutes, FOMC meeting - Ukraine-Russia tensions running high - Smiths Group drops on H2 outlook - Ophir plummets, Imagination jumps techMARK 2,817.88 +0.53% FTSE 100 6,595.59 -0.15% FTSE 250 16,366.11 +0.07% Stocks were trading in the red on Wed
Read moreLondon open: Stocks trading lower ahead of busy day
19th Mar 2014 08:31
- Ukraine-Russia tensions running high - UK Budget in focus - FOMC meeting concludes later on - Antofagasta, HSBC hit by downgrades - Smiths Group warns of currency headwinds techMARK 2,810.68 +0.27% FTSE 100 6,591.09 -0.21% FTSE 250 16,348.73 -0.03% UK stock opened with small losses on Wednesday
Read moreTuesday tips round-up: Rolls-Royce, GlaxoSmithKline
11th Mar 2014 09:03
Daimler's decision to exercise its option to sell its 50 per cent stake in its Rolls-Royce Power Systems (RRPS) joint venture to Rolls-Royce has divided analysts. For some it was in line with Rolls-Royce's strategy and well flagged, whereas others underlined the fact that the firm will now be able t
Read moreLondon close: Miners drag as Chinese data weighs on sentiment
10th Mar 2014 16:55
- FTSE closes down 23.22 at 6,689.45 - China registers surprise trade deficit - Japan GDP revised lower - BCC increases growth forecast techMARK 2,845.16 -0.52% FTSE 100 6,689.45 -0.35% FTSE 250 16,451.20 -0.65% It was a negative finish for the FTSE today, dragged lower by miners on the back of po
Read moreFTSE 100 movers: Rolls-Royce jumps on Daimler JV buy-out
10th Mar 2014 14:56
Rolls Royce was in the top spot today after a host of analysts lifted their target prices following the engine group's move last week to buy-out Daimler in their 50-50 joint venture, Rolls-Royce Power Systems (RRPS). After the close of trade on Friday, Rolls-Royce said that it is to buy the remain
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