London midday: Supermarkets lead FTSE lower
13th Mar 2014 11:58
- FTSE 14 points lower - Supermarkets drag after Morrison's results - Chinese growth point to slowdown techMARK 2,804.40 -0.46% FTSE 100 6,608.61 -0.19% FTSE 250 16,261.58 -0.40% Stocks were being weighed down by the supermarket sector this morning, while concerns over a slowdown in Chinese growth
Read moreThursday broker round-up UPDATE
13th Mar 2014 09:07
Advanced Medical Solutions: FinnCap ups target price from 75p to 114p retaining its hold recommendation. Antofagasta: Investec cuts target price from 764p to 753p and retains a sell recommendation. Barclays: Numis shifts target price from 274p to 280p upgrading from hold to add. BBA Aviation: JP
Read moreLondon open: Markets hold at one-month low as WM Morrison sinks
13th Mar 2014 08:20
- WM Morrison sinks after annual results and review - Supermarket stocks sink sharply - Chinese data misses forecasts, again - Home Retail impresses with full-year guidance techMARK 2,813.76 -0.12% FTSE 100 6,616.81 -0.06% FTSE 250 16,313.25 -0.08% UK markets opened broadly flat on Thursday as a r
Read moreFTSE 100 movers: Sports Direct in top spot as banks head lower
11th Mar 2014 14:48
Sports Direct was the day's top riser, gaining strongly after shareholders approved a huge 65m pound bonus plan for founder Mike Ashley. The payout is dependent on the company achieving earnings before interest, tax, depreciation and amortisation (EBITDA) of £330m in 2014 and £410m in 2015 - the l
Read moreTesco and Morrison see their market shares fall
11th Mar 2014 12:25
The pressure on the big four supermarkets intensified during the 12 weeks ended on March 2nd, according to the latest data available from Kantar Worldpanel. That came as Aldi's year-on-year growth rate accelerated to a record 33.5% pace so that it now accounts for 4.3% of the market. Lidl's share
Read moreLondon midday: Stocks near four-week low, supermarkets fall
11th Mar 2014 11:37
- Markets at lowest in nearly four weeks - Russia said to be drawing up counter offer to US - Supermarkets fall after Kantar data techMARK 2,841.55 -0.13% FTSE 100 6,674.07 -0.23% FTSE 250 16,448.94 -0.01% After a quiet start, UK stocks fell into the red by Tuesday lunchtime with retailers and ba
Read moreSector movers: Industrial metals firm as Ukraine worry eases
6th Mar 2014 16:06
As Ukraine tensions eased and metal prices firmed, the industrial metals and mining sector climbed to the top of the sector leader board on Thursday. FTSE 250 steelmaker Evraz was one of the biggest gainers, up 4% partially due to its strong Russian connections. The food and drug retailer sector
Read moreThursday newspaper round-up: Ukraine, Co-op, Rolls Royce
6th Mar 2014 07:13
Attempts to broker direct negotiations between Russia and Ukraine´s foreign ministers made little headway in Paris on Wednesday, although the US Secretary of State and Russia´s Minister of Foreign Affairs are due to meet again on Thursday, in Rome. In parallel, the European Union announced that it w
Read moreLondon close: FTSE ends in the red, Tesco weighs heavily
26th Feb 2014 16:26
- FTSE ended 31 points lower - US new home sales higher than expected - Tesco fails to impress investors techMARK 2,899.47 -0.12% FTSE 100 6,799.15 -0.46% FTSE 250 16,471.66 -0.34% UK markets finished today's session in the red, hit by a combination of weaker sentiment, ex-dividends, and concerns
Read moreFTSE 100 movers: Tesco marked down by analysts
26th Feb 2014 14:35
Engineering solutions provider Weir soared to the top of the risers today after it posted an in-line set of full-year results, as a positive performance by the Minerals division helped to offset an otherwise "challenging" year for the group. Looking ahead, the company believes it will return to unde
Read moreWednesday newspaper round-up: Tax-cuts, Tesco, Ukraine
26th Feb 2014 06:50
George Osborne, chancellor, is under pressure from Tory MPs to use next month's Budget to announce pre-election tax cuts to offset the prospect of a politically damaging rise in interest rates before polling day. One Tory MP said the idea of the Bank of England raising base rates from a historic low
Read moreClean Air Power wins major order from Sainsbury
24th Feb 2014 10:08
Clean Air Power's shares advanced after the maker of dual-fuel engine management systems for heavy duty vehicles won a major order from Sainsbury. The company will supply 50 Genesis-EDGE, Dual-Fuel trucks to the UK supermarket chain. The trucks will be fitted with the Genesis-EDGE system at its
Read moreSector movers: Ongoing Morrison buyout rumours drive grocers higher
19th Feb 2014 15:28
The supermarket sector was making decent gains on Wednesday as ongoing buyout speculation drove the share price of UK grocer WM Morrison higher in afternoon trade. The stock was up 4.7% at 243.5p by 15:31, after having hit a 52-week low of 229.9p earlier in the session. Last week it was reported t
Read moreBT brand shows most growth in 2013
18th Feb 2014 15:49
BT had the most successful year of growth of all British brands, findings by the Brand Finance Global 500 survey showed Tuesday. The annual study found that BT's brand value soared 70% to £9.3bn in 2013. "Its content focused strategy, investing huge sums in Rugby and in particular Premier League
Read moreUK stocks push higher after Eurozone GDP as miners gain
14th Feb 2014 11:39
- Eurozone GDP beats forecasts in Q4 - Miners surge as metal prices gain - Retailers, financials, Coca-Cola HBC lead the fallers techMARK 2,827.29 +0.12% FTSE 100 6,662.15 +0.04% FTSE 250 16,102.29 +0.45% A better-than-expected pick-up in Eurozone economic growth gave UK stocks a small boost on Fr
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