London close: European and US concerns weigh on Footsie
15th May 2014 16:59
- FTSE closes down 37.60 points at 6,840.89 - Eurozone GDP misses expectations, Italy, France disappoint - Russia says oil must be paid for - Telecoms, airlines fall techMARK 2,757.75 -1.26% FTSE 100 6,840.89 -0.55% FTSE 250 15,616.54 -2.24% The City ended today's session on a downbeat note, weigh
Read moreLondon close: FTSE closes modestly higher
14th May 2014 16:59
- FTSE closes up 5.41 points at 6,878.49 - Quarterly unemployment falls - Ukraine launches discussions to end the crisis techMARK 2,793.06 -0.40% FTSE 100 6,878.49 +0.08% FTSE 250 15,974.61 -0.40% UK stocks delivered a modest rise on Wednesday as investors digested the latest minutes from the Bank
Read moreFTSE 100 movers: Aggreko lifted by Citigroup note
14th May 2014 15:15
Aggreko rose strongly today after Citigroup reiterated its 'buy' rating on the stock. Paper and packaging group Mondi was following close behind after it delivered a 13% increase in underlying operating profits in the first quarter despite a "mixed" trading environment and flat sales volumes. Under
Read moreLondon midday: ITV drops as UK stocks retreat from 14-year high
14th May 2014 11:50
- ITV leads fallers after underwhelming Q1 - Markets pull back from highest level since 1999 - BoE strikes dovish tone in Inflation Report - Compass, Mondi rise strongly after updates techMARK 2,797.20 -0.25% FTSE 100 6,862.96 -0.15% FTSE 250 16,008.81 -0.19% UK stocks were in negative territory o
Read moreLondon open: UK stocks retreat from 14-year high, BoE in focus
14th May 2014 08:43
- FTSE 100 pulls back after nearing record - BoE in focus ahead of inflation report - UK employment data due out - Compass unveils 1bn-pound cash return techMARK 2,798.34 -0.21% FTSE 100 6,857.97 -0.22% FTSE 250 16,046.94 +0.05% UK stocks declined on Wednesday morning as investors took profits aft
Read moreLondon close: Stocks nearly flat after Putin and OSCE Chairman meet
7th May 2014 16:59
- FTSE closes down 2.12 points at 6,796.44 - Kantar data pushes supermarkets lower - Ukraine situation eases slightly techMARK 2,790.92 -0.04% FTSE 100 6,796.44 -0.03% FTSE 250 15,881.95 -0.36% UK markets ended today's session broadly flat as investors digested a raft of corporate updates, poor re
Read moreFTSE 100 movers: Experian leads downside, ex-divi stocks weigh
7th May 2014 15:31
Experian disappointed with its outlook statement as it said it faces 'a number of one-off headwinds' that will constrain growth in the first half. After going ex-dividend, Morrison led the supermarket sector lower, dragged further into the red by a report from Kantar which showed industry growth i
Read moreSector movers: Sainsbury drags grocers lower amid gloomy Kantar data
7th May 2014 14:55
A mixed reaction to better-than-expected results from J Sainsbury and gloomy industry data pushed grocery stocks lower on Wednesday. Underlying profit before tax at Sainsbury rose 5.3% to £798m in the 52 weeks to March 15th, ahead of the consensus forecast of £782m, on underlying group sales includ
Read moreBrewin Dolphin says 'buy' Sainsbury despite capex and pricing niggles
7th May 2014 13:56
After Sainsbury's stubbornly refused to enter the new supermarket price war, Brewin Dolphin analyst Nicla Di Palma said the grocer might have settled on the best strategy. Despite a few 'controversies' in the results and on a conference call with analysts, Di Palma issued a 'buy' recommendation an
Read moreKantar data shows supermarket growth at 11-year low
7th May 2014 13:47
Fresh supermarket industry data from Kantar Worldpanel has shown growth is at the 'lowest level for at least 11 years'. Figures for the 12 weeks ending April 27th show the British grocery market grew just 1.9%, which Kantar said was caused by intensifying price competition among the supermarkets an
Read moreLondon midday: Stocks slip on mixed earnings, Ukraine tensions
7th May 2014 11:57
- Markets give mixed reaction to corporate earnings - Ukraine tensions continue to rise - Investors nervous ahead of Yellen speech techMARK 2,783.30 -0.31% FTSE 100 6,773.54 -0.37% FTSE 250 15,890.46 -0.30% A flurry of mixed corporate earnings pushed UK markets lower on Wednesday morning, while in
Read moreLondon pre-open: FTSE to head lower, Yellen and Ukraine in focus
7th May 2014 07:40
London-listed stocks are expected to fall at the opening bell of today's session, extending yesterday's losses and tracking a negative finish in both the US and Asia overnight. City sources predict the FTSE 100 will open around 25 points yesterday's close of 6,798.56. Twitter, AIG and Netflix dra
Read moreSainsbury's profits top expectations as King steps down - UPDATE
7th May 2014 07:03
- PBT up 5.3 per cent, ahead of consensus - Capex reduced to 0.88bn pounds, same expected in 14/15 - Bank plans to add costs - Kantar figures show grocery growth at 11-year low Sainsbury's Chief Executive Justin King delivered his last set of annual results, with profits growth ahead of expectatio
Read moreLondon close: Negative finish, weighed by Ukraine, Barclays, AstraZeneca
6th May 2014 16:59
- FTSE closes down 23.86 points at 6,798.56 - Barclays slumps after poor Q1 - OECD predicts 3.2 per cent growth in 2014 techMARK 2,792.09 -0.09% FTSE 100 6,798.56 -0.35% FTSE 250 15,938.69 +0.05% UK stocks ended the day in the red, dragged by developments in Ukraine and a poor performance by Barc
Read moreSunday share tips: Sainsbury's, Shire, Pennant International
4th May 2014 13:43
Sainsbury's is best placed to weather the supermarket price war but shareholder returns may be small, Danny Fortson wrote in the Sunday Times. In his Inside the City column, Fortson argued that Sainsbury's was positioned to cope with the squeeze on the big grocers by German value chains Aldi and Lid
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