London close: Stocks fall as Fed speculation overshadows ECB euphoria
7th Nov 2013 16:31
- ECB cuts main policy rate - US GDP picked up in Q3, eyes turn to jobs data - Randgold jumps after Q3 results techMARK 2,643.07 -0.40% FTSE 100 6,697.22 -0.66% FTSE 250 15,389.52 -0.09% As the initial euphoria following a rate cut in Europe faded, UK stocks swung sharply into the red on Thursday
Read moreFTSE 100 movers: Randgold leaps on strong profit rise
7th Nov 2013 15:17
Randgold Resources was the strongest riser after it said quarter-on-quarter profit increased 80 per cent following a strong performance by its flagship Loulo-Gounkoto complex in Mali. The group said gold sales increased to $348.7m from $318.3m a year earlier as the average gold price received per
Read moreSector movers: Rolls-Royce, BAE, Meggitt lift aero/defence
7th Nov 2013 14:29
The aerospace and defence sector was in demand on Thursday afternoon with heavyweight constituents Rolls-Royce, BAE Systems and Meggitt providing a boost. Power systems group Rolls-Royce was trading 1.3% higher at 1,165p after winning a contract extension with the US Department of Defence to provid
Read moreRolls-Royce wins contract extension with US Navy
7th Nov 2013 07:33
Power systems giant Rolls-Royce has won a contract extension by the US Department of Defence to provide its 'MissionCare' services for the F405 (Adour) engines that power the US Navy's T-45 training aircraft. The extension, worth $50.7m to the FTSE 100 firm, continues the existing MissionCare suppo
Read moreFTSE 100 movers: Sports Direct sinks on Ashley's transaction
24th Oct 2013 14:34
Sports Direct, the High Street retailer which impressed the market with its first-half trading update yesterday, sank sharply today. The firm revealed that MASH Holdings, a company wholly owned by founder and Deputy Chairman Mike Ashley, sold 16m shares (a 2.7% stake) at 662.5p each, a 7.5% discou
Read moreLondon midday: Stocks rise as Chinese manufacturing hits seven-month high
24th Oct 2013 12:10
- Chinese HSBC PMI at seven-month high - Eurozone composite PMI misses forecasts - Sports Direct founder sells 106m-pound stake techMARK 2,629.17 +0.18% FTSE 100 6,706.61 +0.48% FTSE 250 15,526.08 +0.20% UK stocks were performing well on Thursday as some improving data from China fuelled some dece
Read moreLondon open: Markets rebound after China data, Sports Direct drops
24th Oct 2013 08:33
- Chinese HSBC PMI at seven-month high - Sports Direct founder sells 106m-pound stake - WPP rises after strong third quarter techMARK 2,627.78 +0.13% FTSE 100 6,695.11 +0.31% FTSE 250 15,538.56 +0.28% UK markets rebounded on Thursday morning with buying sparked by some improving data from China.
Read moreLondon pre-open: FTSE to claw back yesterday's losses
24th Oct 2013 07:26
City sources predict the FTSE 100 will open around 25 points higher than yesterday's close of 6,674.48, regaining losses seen on in London markets on Wednesday. The gains are expected despite moderate losses in the US overnight, which saw the S&P 500 snap a five-day winning streak as investors weig
Read moreRolls-Royce wins thruster contract for drilling offshore Korea
24th Oct 2013 07:02
Power systems group Rolls-Royce has won a contract for the supply of thrusters and deck machinery for use in drilling offshore Korea. The contract, worth around £22m to the FTSE 100-listed firm, will see it work on two semi-submersible drilling rigs to be built at Samsung Heavy Industries for Stena
Read moreLondon close: Stocks pull back from five-month high
23rd Oct 2013 17:01
- Miners, banks weigh on Footsie - Money-market rates spike in China - RSA up on bid speculation techMARK 2,624.47 -0.41% FTSE 100 6,674.48 -0.32% FTSE 250 15,494.97 -0.11% The FTSE 100 finished in negative territory for the first time in 10 trading sessions on Wednesday as traders took profits af
Read moreLondon midday: Markets pull back from five-month high as banks fall
23rd Oct 2013 11:15
Concerns over the Chinese economy and a weak performance by banking stocks halted a nine-day winning streak for UK markets on Wednesday, as investors chose to take profits following a strong run. The FTSE 100 snapped a nine-day winning streak this morning, pulling back from Tuesday's finish of 6,69
Read moreLondon open: Stocks snap nine-day winning streak
23rd Oct 2013 08:14
Equities pulled back from a five-month high on Wednesday with ex-dividend names weighing on markets in London as traders took a breather following a recent strong run. The FTSE 100 snapped a nine-day winning streak this morning to trade around 0.5% lower than Tuesday's finish of 6,695.66, the index
Read moreLondon close: Markets rise for eighth straight day, but RBS sinks
21st Oct 2013 16:54
The FTSE 100 hit a two-and-a-half-month high on Monday ahead of the eagerly anticipated US jobs report as markets managed to offset some heavy falls from heavyweight bank RBS. The UK lender dropped nearly 5% today after Chancellor George Osborne was quoted as saying that a decision over a 'good ban
Read moreSector movers: QinetiQ leads defence stocks higher on M&A reports
21st Oct 2013 15:44
Aerospace and defence stocks were gaining ground on Monday as deal speculation, trading updates and upbeat broker commentary lifted the sector higher. QinetiQ, the defence technology and security firm, was a high riser today on weekend reports that it is putting its US division up for sale. Hopes
Read moreFTSE 100 movers: BAE and Rolls-Royce boosted by Citigroup comments
21st Oct 2013 14:30
BAE Systems and Rolls-Royce were today making gains after analysts at Citigroup said that they have a "positive outlook" on civil aerospace due to a ramp-up of new aircraft production and rising production of legacy aircraft. While the bank said it is still cautious on the wider defence sector, it
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