FTSE 100 movers: Rio Tinto leads miners higher after Chinese PMI
2nd Jun 2014 15:05
Mining giant Rio Tinto rose strongly after announcing that it has completed the $1.02bn sale of its majority interest in the Clermont Mine in Australia, leaving buyer Glencore in charge. The disposal of the 50.1% stake, announced last October, "delivers good value for Rio Tinto's shareholders", the
Read moreStandard Life down on UK pension plan changes
2nd Jun 2014 12:35
Standard Life's shares fell on reports that the UK will introduce collective pension plans which could hurt revenue for insurers. Under changes to be announced on June 4th in the Queen's Speech, Britons will be able to contribute to pension plans shared with other members, creating larger retireme
Read moreLondon midday: Chinese data provides a boost as traders look ahead to ECB
2nd Jun 2014 11:26
- Mining stocks lead gains after China manufacturing PMI - UK, Eurozone manufacturing PMIs ease - ECB in focus ahead of Thursday's meeting - Supermarket, insurance stocks lead the fallers techMARK 2,824.10 +0.42% FTSE 100 6,863.67 +0.28% FTSE 250 16,084.94 +0.47% An improvement in Chinese factory
Read moreLondon open: Chinese data gives UK mining stocks a boost
2nd Jun 2014 08:58
- Miners lead gains early on - China manufacturing PMI rises, but house prices weaken - Busy week ahead with ECB and US jobs in focus techMARK 2,819.95 +0.27% FTSE 100 6,856.96 +0.18% FTSE 250 16,086.39 +0.48% Rising mining stocks helped UK equity markets to gain on Monday morning, as risk appeti
Read moreLondon open: FTSE falls, Smiths and Tullow drag, elections in focus
23rd May 2014 08:55
- Smiths and Tullow disappoint - FTSE opens 16 points lower - Ukraine, European elections in focus techMARK 2,741.75 -0.09% FTSE 100 6,801.45 -0.28% FTSE 250 15,657.08 -0.11% The FTSE opened lower this morning, falling around 16 points in the first hour of trade, weighed by disappointing announcem
Read moreStandard Life appoints new CFO
23rd May 2014 07:45
Standard Life has appointed Luke Savage as its new Chief Financial Officer (CFO), it said on Friday. Savage, who will take up the position from August 18th, is described as a "leading industry executive with extensive experience of insurance and investment services". Since 2004, he has been Dire
Read moreThursday tips round-up: Royal Dutch Shell, Standard Life
1st May 2014 07:27
Despite weak first quarter profits, due to non-cash charges, and hot on the heels of its recent profit warning - its first in a decade - shares of Royal Dutch Shell jumped by four per cent yesterday. Investors chose to focus on the oil major's ability to transform oil into cash. Thus, the company's
Read moreFTSE 100 movers: Barratt Developments in top spot, Shell close behind
30th Apr 2014 14:40
Housebuilder Barratt Developments clawed back yesterday's losses, claiming its place in the top spot. Oil major Royal Dutch Shell rose strongly as first-quarter underlying earnings fell by 3% but beat expectations. Bottom-line earnings, however, were hit by £2.9bn of impairments in its Downstream
Read moreLondon midday: Stocks rise but markets cautious ahead of Fed decision
30th Apr 2014 11:53
- Markets cautious ahead of FOMC outcome - Eurozone inflation picks up but misses consensus - Heritage Oil jumps on takeover offer - Shell and Tullow lead markets higher techMARK 2,775.59 -0.56% FTSE 100 6,776.83 +0.10% FTSE 250 15,813.39 -0.52% UK stocks were trading slightly higher on Wednesday
Read moreLondon open: Stocks pause at eight-week high ahead of FOMC
30th Apr 2014 09:20
- Stocks pause at highest since March 6th - FOMC meeting, economic data in focus today - Heritage Oil receives takeover offer - Shell, Tullow and Next rise after updates techMARK 2,781.52 -0.35% FTSE 100 6,774.00 +0.06% FTSE 250 15,872.51 -0.15% UK stocks opened broadly flat on Wednesday morning a
Read moreStandard Life first quarter assets rise
30th Apr 2014 07:49
- First quarter assets up 1.5 per cent - Annuities down 50 per cent following announcement of retirement reforms - Business flows boosted by automatic enrolment onto pension schemes Insurer Standard Life said it has made a solid start to 2014 with assets under administration (AUA) up 1.5 per cent,
Read moreLondon close: FTSE higher on GDP data, reports of Russian pull-back
29th Apr 2014 16:59
- FTSE closes up 69.75 points at 6,769.91 - Q1 GDP rises 0.8 per cent - Tensions ease in Eastern Europe techMARK 2,791.25 +0.74% FTSE 100 6,769.91 +1.04% FTSE 250 15,896.64 +0.44% It was an upbeat finish for UK stocks today, with financial companies leading the way on the back of strong UK gross d
Read moreFTSE 100 movers: BG Group regains lost ground, financial stocks rise
29th Apr 2014 15:20
Gas giant BG Group clawed back some of yesterday's heavy losses which came after it delivered a double blow to investors, announcing the departure of Chief Executive Chris Finlayson and warned its 2014 production levels would be at the lower end of expectations due to challenges in Egypt. Financia
Read moreBarclays investors slam bonuses at AGM - ALERT
24th Apr 2014 13:12
Barclays faces anger at annual general meeting over 2013 bonus pool: - Barclays investor Standard Life Investments says to vote against 2013 remuneration at heated meeting in London - Standard Life says Barclays has not convinced investors that the 2013 bonus pool was in the best interests of inve
Read moreLegal & General the top pick in changing UK life insurance sector, says Berenberg
17th Apr 2014 12:51
Berenberg has said that Legal & General remains its 'preferred play' in the life insurance sector following the recent major shake-up of the annuity and savings markets in the UK. The broker called it a "brave new world" for the industry which will be transformed by the end of quasi-compulsory annu
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