Smith & 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
Read moreSector movers: Defensive pharma stocks fall as Santa Rally continues
23rd Dec 2014 16:18
Pharmaceutical and healthcare stocks were leading the fallers on Tuesday as investors dumped defensive assets amid a continued pre-Christmas rally. UK stocks have risen for six straight days as markets rebounded strongly following a recent sell-off. While more cyclical sectors such as construction
Read moreFTSE 100 movers: Kingfisher and Centrica boosted by disposals as miners dip
22nd Dec 2014 14:32
Home improvement retailer Kingfisher edged higher after agreeing to sell a controlling 70% stake in its B&Q China business to Wumei Holdings for £140m. "I am delighted to have found a strong retail partner who will help us to release the financial value of our business in China," said new boss Véron
Read moreSmith & Nephew's chief executive Bohuon slams reports of Sanofi appointment
27th Nov 2014 14:58
Smith & Nephew's shares rose after chief executive Olivier Bohuon reportedly told employees he has no intention of leaving the company following speculation that he was taking the helm of Sanofi. Bohuon told employees at a town hall meeting in Switzerland that he was "very happy" at the company, acc
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