FTSE 100 movers: Prudential impresses with H1 profits, oil stocks fall
12th Aug 2014 14:49
Insurer Prudential impressed the market on Tuesday after the insurer's US and Asia businesses helped to boost group operating profits by a better-than-expected 17% to £1.52bn in the first half, despite a drop in UK annuity sales sparked by government pension changes. Oil stocks such as Shell, BP a
Read moreSunday newspaper round-up: Barclays, Carillion-Balfour, Ofgem
10th Aug 2014 18:30
Rona Fairhead, the former boss of the Financial Times, and Howard Davies, the ex-chief City regulator, are the two leading candidates to chair Barclays, the Sunday Times reported. Fairhead ran the FT for seven years and is a non-executive director at HSBC. Davies is the Government's favourite troubl
Read moreLondon midday: Losses pared but geopolitics still a concern
8th Aug 2014 12:10
- US authorises Iraq airstrikes - Fighting resumes in Gaza - TUI Travel and wider sector tumbles - Banks, supermarkets, precious metals limit losses techMARK 2,684.77 -0.93% FTSE 100 6,559.47 -0.57% FTSE 250 15,185.28 -0.36% UK stocks had pared early losses but were still firmly in the red by Frid
Read moreSunday newspaper round-up: Carillion-Balfour, share sell-off, Lloyds Banking
3rd Aug 2014 18:04
Carillion plans to put Balfour Beatty in a "bear hug" to tempt Balfour's shareholders to support its attempted takeover, the Sunday Times said. Carillion last week scuppered a planned all-share merger when it backtracked on the agreed sale of Balfour's Parsons Brinckerhoff US design consultancy. Wit
Read moreTesco and Morrisons lose market share to discounters
1st Aug 2014 13:07
Tesco and Morrisons continue to bleed market share to competitors, such as discounters Aldi and Lidl or upscale chain Waitrose. Thus, Tesco's market share decreased to 28.3% over the last 12 weeks from 29.7% and Morrisons fell to 10.9% from 11.4%, according to the latest data from Nielsen. On this
Read moreLondon close: GKN and Next lead FTSE to 20 point gain
29th Jul 2014 16:59
- FTSE up 19.68 points to 6,807.75 - US house prices up 9.3% in April - Housing data shows 0.2% monthly increase techMARK 2,782.23 +0.22% FTSE 100 6,807.75 +0.29% FTSE 250 15,687.02 +0.45% A positive response to updates from engineer GKN and fashion retailer Next drove the FTSE 100 index 19.68 poi
Read moreTesco and Morrisons hit as UK grocery market falls
29th Jul 2014 09:32
The British grocery market hit its lowest growth rate for a decade as discounters took another bite out of Tesco and Morrisons' business. Grocery price inflation fell to a historic low of 0.4% and the grocery market expanded by just 0.9% - the lowest figure for 10 years - in the 12 weeks to July 20
Read moreTuesday newspaper round-up: Lloyds, Tesco, Tax inversion...
29th Jul 2014 06:54
Lloyds Banking Group has been accused of unlawful behaviour by the Bank of England after it emerged its traders had manipulated interest rates in order to cut fees for its emergency lifeline at the height of the financial crisis. [...] The revelations unleashed an angry attack by Mark Carney, the Ba
Read moreLondon close: FTSE in red on geopolitical tensions, data
25th Jul 2014 16:59
- FTSE closes 29.91 lower at 6,791.55 - Geopolitical tensions, housing data weighs - UK Q2 GDP shows 0.8% growth techMARK 2,799.28 -0.81% FTSE 100 6,791.55 -0.44% FTSE 250 15,691.81 -0.36% UK stocks ended the final session of the week in the red as geopolitical tensions, housing data and and downg
Read moreFTSE 100 movers: RBS tops the leaders after surprise H1 profit
25th Jul 2014 15:36
RBS delivered a better-than-expected first half operating performance, but said no one at the 80% taxpayer-owned bank was "complacent about the challenges ahead". The results, which came a week earlier than scheduled, showed operating profit totalled £2.6bn, or £3.3bn excluding restructuring and l
Read moreLondon pre-open: FTSE to open lower after IMF forecast, ahead of GDP
25th Jul 2014 07:34
UK stocks are expected to move lower at the opening bell after the International Monetary Fund (IMF) once again lowered its global growth predictions and ahead of the release of the first estimate of UK GDP. Following a mixed picture of trading in the US and Asia overnight, City sources predict the
Read moreQataris could make renewed bid for Sainsbury's
24th Jul 2014 17:24
Sainsbury's is expected to soon be approached with a bid from Qatari investors as the UK's biggest supermarket comes under pressure from rivals, market sources told Sharecast/Digital Look on Thursday. An announcement on the bid, which is understood to be about £5 a share, could come as soon as Frid
Read moreLondon close: FTSE closes higher as tensions ease, ARM leads
22nd Jul 2014 16:59
- FTSE closes 66.90 higher at 6,795.34 - Geopolitical tensions ease - UK factory orders slow in July techMARK 2,826.65 +0.92% FTSE 100 6,795.34 +0.99% FTSE 250 15,650.73 +1.06% It was a strong finish for London's top tier stocks on Tuesday, with the FTSE rising steadily after an initial jump early
Read moreFTSE 100 movers: ARM leads the charge after strong Q2
22nd Jul 2014 15:53
Chip designer ARM Holdings was a high riser as it delivered a confident outlook, hailing a "healthy pipeline of opportunities" after strong licensing results helped profits beat expectations in the second quarter. The tech group, which makes processors for smartphones and tablets, said pre-tax profi
Read moreLondon midday: UK stocks rise as risk appetite returns
22nd Jul 2014 12:12
- Mining stocks, ARM Holdings provide a lift - Royal Mail drops on disappointing parcel performance, Tesco pulls back - Gaza, Ukraine still in focus techMARK 2,816.77 +0.56% FTSE 100 6,782.04 +0.80% FTSE 250 15,592.23 +0.69% UK stocks rose strongly on Tuesday as a return of risk-on trading helped
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