FTSE 100 movers: Miners slide as Astra gains on bid speculation
21st Aug 2014 18:01
Mining stocks led the downside after metals consumer China disappointed with its manufacturing data and metal prices fell. Fresnillo, Randgold Resources, Anglo American, Rio Tinto and BHP Billiton all fell into the red. BHP was still under pressure in the aftermath of Tuesday's underwhelming plans
Read moreLondon close: Astrazeneca leads FTSE higher on bid speculation
21st Aug 2014 17:42
- Healthcare stocks lift FTSE - German PMI data drives sentiment - Investors look ahead to Draghi speech - UK retail sales disappoint techMARK 2,819.77 +0.82% FTSE 100 6,777.66 +0.33% FTSE 250 15,838.57 +0.57% London's blue chips ended Thursday's session on a positive note, led by Astrazeneca. Inc
Read moreFTSE 100 movers: BHP Billiton jumps, but precious metal miners fall
15th Aug 2014 13:44
BHP Billiton shares jumped on Friday after the world's biggest mining company by revenues said that it is considering a demerger of certain assets in an effort to make the business "simpler and more productive". The company, reiterated its focus on its "four pillars" - iron ore, copper, coal and p
Read moreBroker tips: Smith & Nephew, Centamin, Balfour Beatty, UK motor insurers
15th Aug 2014 12:14
Shares in Smith & Nephew were under pressure on Friday after analysts at Morgan Stanley downgraded the medical devices maker from 'overweight' to 'equal weight' following a recent strong run in the stock. The bank said that even if US peer Stryker returns with a bid in November, the deal "remains
Read moreLondon midday: BHP leads markets higher after UK GDP upgrade
15th Aug 2014 12:00
- Annual UK GDP growth revised higher - Ukraine crisis in focus as Russian convoy nears border - BHP leads miners higher on demerger comments techMARK 2,763.55 +0.51% FTSE 100 6,726.15 +0.61% FTSE 250 15,757.92 +0.53% London stocks advanced on Friday after an upgrade to UK second-quarter growth es
Read moreUpside limited at Smith & Nephew, says Morgan Stanley
15th Aug 2014 10:51
Shares in Smith & Nephew were under pressure on Friday after analysts at Morgan Stanley downgraded the medical devices maker from 'overweight' to 'equal weight' following a recent strong run in the stock. The share price has risen by over 20% since the start of 2014, which Morgan Stanley says was p
Read moreLondon open: Stocks inch higher but gains limited by geopolitics
4th Aug 2014 09:14
- Geopolitics in Gaza, Ukraine still firmly in focus - UK construction PMI due out - Investors give mixed reaction to earnings techMARK 2,748.45 -0.11% FTSE 100 6,696.45 +0.26% FTSE 250 15,371.65 -0.20% UK stocks snapped a three-day losing streak on Monday morning as investors went bargain-huntin
Read moreLondon close: PMIs, jobs data, broker comment drag FTSE lower
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 moreFTSE 100 movers: Capita and United Utilities hit by Credit Suisse downgrades
1st 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 moreSector movers: Smith & Nephew lifts defensive healthcare stocks
1st 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 moreLondon midday: UK stocks sink 1.4% as investors scale back risk
1st 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 moreSmith & Nephew sees Q2 adjusted EPS rise 13%
1st 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 moreMonday newspaper round-up: Smith&Nephew, Housing market, Barclays
28th 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 moreLondon midday: Stocks rise as M&A boosts Shire, TSB jumps on debut
20th 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 moreLondon midday: Stocks extend multi-week lows on Iraq fears
16th 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
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