1st Aug 2014 17:01
- FTSE ended 50.93 points lower at 6,679.18 - UK, Eurozone PMI comes in weak - US jobs increase by 209,000 techMARK 2,751.56 -0.48% FTSE 100 6,679.18 -0.76% FTSE 250 15,402.70 -0.60% The FTSE ended significantly lower as weak Eurozone and UK manufacturing data, US jobs figures and broker downgrade
Read more1st Aug 2014 15:55
Capita and United Utilities were heavy fallers after Credit Suisse downgraded its rating on the stocks to 'neutral' and 'underperform', respectively. Schroders continued to move lower following Thursday's results, which saw the group warn that "the short-term outlook for retail investor demand is u
Read more1st Aug 2014 14:19
The healthcare sector was the only category in positive territory on Friday as investors sought defensive stocks in the face of a wider market sell-off. Meanwhile, results from medical devices maker Smith & Nephew were also encouraging investors in the healthcare space after modestly beating foreca
Read more1st Aug 2014 12:10
- RBS underwhelms with Q2 results - Mining stocks fall as investors scale back risk - Rexam, IAG, Smith & Nephew gain after results - Gaza fighting, US data keeps investors cautious techMARK 2,732.54 -1.17% FTSE 100 6,635.42 -1.41% FTSE 250 15,313.02 -1.18% UK stocks were in the red for the third
Read more1st Aug 2014 07:30
Medical devices manufacturer Smith & Nephew reported double-digit earnings growth in its second quarter, which its said was down to the rebalancing of the business towards higher growth markets. Adjusted earnings per share totalled 20.4 cents in the three months to 28 June, up 13% year-on-year. Tra
Read more28th Jul 2014 07:10
Medical device maker Smith&Nephew Chief Executive Olivier Bohuon expects the consolidation process in his industry to continue given that companies need to adjust their cost base. As for him, he does not waste time thinking about such possible tie-ups as such a decision is a matter for the Board to
Read more20th Jun 2014 11:39
- FTSE 100 at one-week high - Shire jumps after rejecting £27bn AbbVie proposal - TSB rises strongly after IPO - Iran still in the spotlight as Obama sends advisers techMARK 2,849.46 +1.26% FTSE 100 6,827.82 +0.29% FTSE 250 15,761.52 +0.49% UK stocks were making gains on Friday as yet more M&A fev
Read more16th Jun 2014 11:29
- Stocks inch lower, trading at six-week low - Markets "pause for breath" after sell-off, says analyst - Iraq concerns keep pushing crude prices higher - Smith & Nephew falls on Medtronic-Covidien tie-up techMARK 2,792.67 -0.80% FTSE 100 6,759.65 -0.27% FTSE 250 15,680.35 -0.85% Bargain hunters we
Read more16th Jun 2014 08:50
- Iraq tensions continue to push crude higher - Fed meeting in focus this week - Smith & Nephew falls as Medtronic buys Covidien techMARK 2,798.75 -0.58% FTSE 100 6,770.86 -0.10% FTSE 250 15,741.74 -0.46% UK stocks edged lower on Monday morning as ongoing tensions in Iraq continued to erode risk a
Read more6th Jun 2014 16:59
- Markets upbeat after US jobs data - Asset managers lead gains - Consumer staples and defensives unwanted techMARK 2,851.59 +0.95% FTSE 100 6,858.21 +0.66% FTSE 250 16,232.90 +1.48% Equities ended the session clearly higher, bolstered by a more or less in-line US non-farm payrolls report. Never
Read more6th Jun 2014 11:32
- Markets upbeat ahead of US jobs data - UK trade deficit at highest level since November - ECB still in focus - M&A speculation surrounds Smith & Nephew, Centrica techMARK 2,844.51 +0.70% FTSE 100 6,831.30 +0.26% FTSE 250 16,137.01 +0.88% A worse-than-expected increase in the UK trade deficit cou
Read more6th Jun 2014 08:34
- ECB moves still in focus - Markets await jobs report this afternoon - Smith & Nephew pauses after strong run - Centrica lifted by bid speculation techMARK 2,834.66 +0.35% FTSE 100 6,830.78 +0.25% FTSE 250 16,044.41 +0.31% UK markets bounced off a two-and-a-half week low on Friday following anoth
Read more6th Jun 2014 08:32
A bid for Smith&Nephew does indeed seem possible, at least according to market pricing. Should a 'knockout' bid finally come through, that could send the stock as high as £15, or should one fail to materialise, as low as £9. Closing yesterday at £10.89 the current stock price seems to be implying ab
Read more5th Jun 2014 16:55
- ECB becomes first major central bank to take deposit rate negative - Balance of votes on MPC may soon shift, Barclays Research says - Asos plummets - Smith & Nephew jumps on continued M&A speculation techMARK 2,824.79 +0.08% FTSE 100 6,813.49 -0.08% FTSE 250 15,995.49 +0.06% UK equities underper
Read more5th Jun 2014 14:59
M&A speculation continued to boost the share price of Smith & Nephew on Thursday, as another company was reported to be interested in the medical devices firm. According to Bloomberg which cited people familiar with the matter, US peer Medtronic is in the early stages of preparing to make a bid for
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