FTSE 100 movers: Barclays and Glencore fall after annual results, Taylor Wimpey higher
3rd Mar 2015 13:44
Shares in Barclays fell after the bank set aside a total of £1.25bn for provisions to cover litigation costs related to ongoing probes into mis-selling PPI and rigging foreign exchange rates. The news came as Barclays reported a pre-tax loss of £532m for the fourth quarter. Commodities trader and mi
Read moreFriday tips round-up: Smith&Nephew, Vodafone
6th Feb 2015 14:26
Orthapaedics manufacturer Smith&Nephew has proved deft at moving into high-growth areas while slashing costs. Nonetheless, the shares are overpriced. Since 2011 the company has splashed out $2.8bn on 15 different acquisitions, moving into areas such as sports medicine, thus reducing its dependency o
Read moreLondon close: Stocks end slightly higher despite mixed Eurozone news
5th Feb 2015 17:20
Mixed newsflow from the Eurozone kept financial markets busy on Thursday, though a late rally pushed UK stocks into positive territory by the close. London's FTSE 100 finished the day up just 0.1% at 6,866, but had bounced strongly after hitting an intraday low of 6,808.19. The European Central Ban
Read moreSmith & Nephew CFO sells shares following interim results
5th Feb 2015 16:10
Smith and Nephew's chief financial officer sold some shares in the UK-based medical equipment maker the same day that the group posted full-year results with revenues up 6%. Julie Brown sold 11,789 shares for an individual price of 1,181p, raising a total of £139.228 in the transaction. The shares w
Read moreFTSE 100 movers: BT higher on EE takeover Easyjet nosedives on weak passenger numbers
5th Feb 2015 14:55
BT surged after confirming reports it has settled on terms of its acquisition of EE from Deutsche Telekom and Orange, saying it will be spending £12.5bn on the UK mobile network. The deal will be financed by new debt and a £1bn placing of its shares and will result in Deutsche Telekom and Orange tak
Read moreLondon midday: Stocks retreat as Greek concerns rise
5th Feb 2015 12:08
UK stocks fell for a second day on Thursday as optimism surrounding the situation in Greece began to fade and a raft of corporate earnings and updates received a mixed reaction from the market. London's FTSE 100 was down 0.4% at 6,830 by midday, though had bounced off a low of 6,808.19 reached early
Read moreLondon open: UK stocks fall as Greek optimism fades, corporate earnings mixed
5th Feb 2015 09:09
UK stocks declined on Thursday as newsflow from Greece prompted an element of caution on financial markets, as the FTSE 100 continued to retreat from a five-month high. London's blue chip index was down 0.4% at 6,836 early on, with updates from a number of blue chips receiving a mixed reaction from
Read moreBroker tips: Wm Morrison, Smith & Nephew, Debenhams
13th Jan 2015 12:17
Markets may have reacted positively after Wm Morrison's agreed to part company with chief executive Dalton Philips alongside a small improvement in sales trends, but Shore Capital remains unconvinced. The broker kept a 'hold' rating on the stock, saying: "The improving trend revealed for the Christm
Read moreLondon close: Stocks gain despite Greek political turmoil
29th Dec 2014 16:04
London stocks rose on Monday despite the risk of fresh Eurozone uncertainty as Greece's failure to choose a new president triggered elections. The FTSE 100 Index closed 23.58 points ahead at 6633.51 in London after Greek lawmakers failed to elect a new president in a final round of voting. It means
Read moreLondon midday: Shares tread water amid Greek political woes
29th Dec 2014 11:41
London shares struggled to match the gains made during last week's Santa rally as Greek political turmoil threatened to trigger a fresh bout of Eurozone uncertainty. The FTSE 100 Index was 7.98 points higher at 6,617.91 just past midday in London after Athens lawmakers failed to elect a new presiden
Read moreLondon open: Miners lead gains on Chinese liquidity moves
29th Dec 2014 08:58
UK stocks registered slight gains ahead of the final vote in the Greek parliament to choose a new president later on Monday morning. At 09:08 the Footsie was 12.4 points higher at 6,622.33. Should Greece's ruling coalition not garner the 180 votes needed for its presidential candidate to be chosen,
Read moreLondon close: Stocks inch higher in shortened session as Santa Rally continues
24th Dec 2014 12:46
The UK stock market closed a half-session in positive territory on Christmas Eve to extend its winning streak into the seventh straight day. With trading volumes low - many European markets were already closed for Christmas - London stocks were rangebound for most of the session as investors refrain
Read moreLondon midday: Stocks rise for seventh straight session ahead of Christmas break
24th Dec 2014 11:21
The UK stock market looked set to record its seventh straight day in positive territory on Christmas Eve, with just an hour to go before the end of a shortened session. The FTSE 100 was up just 0.1% at 6,603 by midday, trading within a narrow range as investors refrained from taking on too much risk
Read moreLondon open: Stocks edge higher on ahead of Christmas, Smith & Nephew jumps
24th Dec 2014 08:26
UK stocks posted their seventh straight day of gains on Wednesday, though upside was modest with markets winding down on a shortened Christmas Eve session. London's FTSE 100 was up 0.1% at 6,608 early on, having finished Tuesday at a two-week closing high of 6,598.18. With very few catalysts expect
Read moreSmith & Nephew surges as rumours resurface about Stryker takeover bid
24th Dec 2014 08:06
Shares in Smith & Nephew surged in London on Wednesday on the back of rumours that US surgical implants group Stryker Corp could return to the table to launch a takeover offer within weeks. Stryker's chief executive had said back in May that the company had been evaluating a bid for its UK rival tha
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