Quindell non-exec celebrates Q4 success with share purchase
23rd Jan 2014 16:45
Vice Admiral Bob Cooling, who sits on the board of Quindell in a non-executive capacity, has continued to build his stake in the company just a week after it said it expected its profits to meet the upper end of market expectations for the full-year. The outsourcing company said Cooling had added
Read moreLondon pre-open: Flat start ahead of BoE and ECB decisions
9th Jan 2014 07:24
City sources predict the FTSE 100 will open unchanged from yesterday's close of 6,721.78 as investors await fresh direction after the US ended last night's session mixed. Today will see the Bank of England most likely leave its monetary policy unchanged this month, which, as Craig Erlam, analyst a
Read moreRolls Royce confirms Finnish talks are over
9th Jan 2014 07:04
Confirming recent press rumours, Rolls-Royce admitted it had been in takeover talks with Finnish marine engine maker Waertsilae (or Wärtsilä) but that these were now over. Rolls-Royce had contacted Helsinki-based Waertsilae about a potential takeover of its marine propulsion division, according to
Read moreLondon close: Stocks settle higher ahead of Christmas
24th Dec 2013 12:10
- British Land rallies on Broadgate joint venture - Tullow Oil pulls plug on North Sea well - UK mortgage borrowing rises in November Market Movers techMARK 2,768.95 +0.26% FTSE 100 6,694.17 +0.23% FTSE 250 15,783.04 +0.26% London's leading shares closed higher in Tuesday's shortened trading sessi
Read moreLondon midday: Stocks nudge higher in pre-Christmas trading
24th Dec 2013 11:26
- UK mortgage borrowing rises in November - Millennium & Copthorne Hotels eyes Chelsea hotel acquisition - Tullow Oil pulls plug on North Sea well Market Movers techMARK 2,771.80 +0.36% FTSE 100 6,706.26 +0.41% FTSE 250 15,786.34 +0.28% London's leading shares remained in positive territory in lig
Read moreLondon open: Stocks rise in holiday shortened session
24th Dec 2013 07:59
- US orders for durable goods due - Tullow Oil pulls plug on North Sea well - British Land signs JV to develop Broadgate Market Movers techMARK 2,765.90 +0.15% FTSE 100 6,698.96 +0.30% FTSE 250 15,765.26 +0.15% The FTSE 100 opened higher in what is expected to be a quiet day ahead of Christmas.
Read moreTuesday newspaper round-up: John Lewis, Rolls-Royce, Online retailers
24th Dec 2013 07:33
Sales of kitchen appliances have more than doubled in the run up to Christmas, said retailer John Lewis. The department store chain said it is hopeful of a last minute spending rush ahead of the holidays. - The Telegraph. More than 100m people are expected to visit retail websites as the world catc
Read moreSFO investigates Rolls-Royce over bribery claims
23rd Dec 2013 15:34
Rolls-Royce is under investigation by the Serious Fraud Office (SFO) over allegations of bribery and corruption. The engine maker has been accused of using middle-men in winning multi-billion pound contracts in Indonesia, China and elsewhere for more than 20 years. Whistleblower and former employe
Read moreSector movers: Defence stocks gain after US budget
11th Dec 2013 15:45
Aerospace and defence stocks were on the rise on Wednesday after a budget deal in Washington removed some uncertainty in the sector, which is heavily dependent on state funding in the States. Chief Congressional negotiators Senator Patty Murray and Representative Paul Ryan last night worked out a d
Read moreLondon pre-open: FTSE to rise on US deal with Iran
25th Nov 2013 07:28
City sources predict the FTSE 100 will open around 28 points higher than Friday's close of 6,674.30 after the US struck a deal with Iran on its nuclear activities in exchange for the easing of international sanctions against it, which had been affecting its oil exports. The deal means tensions in th
Read moreRolls Royce scores new order for Liftsystems technology
25th Nov 2013 07:05
Rolls-Royce has been awarded a contract to produce its Liftsystems, which enable short take off and vertical landing, for the F-35 Lightning II programme. The $215m deal will see it produce and support six Liftsystems, as well as provide programme management, engineering and field support. The L
Read moreLondon open: FTSE falls on Fed minutes and Chinese data
21st Nov 2013 08:39
- Fed to wind down QE in 'coming months' - Chinese PMI slows - UK car manufacturing up - Nikkei at six-month high techMARK 2,629.93 +0.14% FTSE 100 6,652.29 -0.43% FTSE 250 15,181.11 +0.02% The FTSE fell early on, as investors digested the minutes from the latest Federal Reserve meeting, which rev
Read moreLondon pre-open: Fed minutes to dampen sentiment
21st Nov 2013 07:29
City sources predict the FTSE 100 will open around 21 points lower than yesterday's close of 6,681.08, after minutes from the latest Federal Reserve meeting seemed to suggest that the central bank might be moving closer to tapering. More specifically, the fact that for the first time the Fed inclu
Read moreRolls Royce wins five-year contract with Petrobras
21st Nov 2013 07:11
Rolls-Royce has unveiled yet another contract win, in this case with Petrobras, a deep and ultra-deep water oil and gas exploration and production company. The $138m, five-year services contract will see it support Petrorbras's oil production activities offshore Brazil by supplying maintenance and
Read moreRolls-Royce enters into agreement with Mubadala Aerospace
19th Nov 2013 08:18
Rolls-Royce on Tuesday revealed that it has entered into a strategic framework agreement with Mubadala Aerospace, Communications Technology and Defense Services (ACTDS) to establish the Emirate of Abu Dhabi as a key member of Rolls-Royce's global network for maintenance and manufacturing activities.
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