London open: Iraq tensions continue to pull stocks lower
16th 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 moreLondon close: Stocks end week on strong note after US jobs report
6th 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 moreLondon midday: Stocks up ahead of non-farm payrolls, UK trade data worsens
6th 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 moreLondon open: UK stocks rise ahead of US non-farm payrolls
6th 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 moreFriday tips round-up: Smith&Nephew, Asos
6th 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 moreLondon close: ECB underwhelms, change in the air at BoE
5th 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 moreFTSE 100 movers: Smith & Nephew leads top-tier index higher on M&A reports
5th 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
Read moreSector movers: Bid target Smith & Nephew lifts healthcare as Medtronic enters the fray
5th Jun 2014 14:37
Ongoing M&A speculation boosted the share price of Smith & Nephew (S&N) on Thursday, giving the healthcare sector a lift, 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 ear
Read moreBroker tips: Smith & Nephew, BSkyB, ASOS, Supermarkets
5th Jun 2014 12:54
Analysts at Credit Suisse said on Thursday that there is a "potential bidding war on the horizon" for medical devices group Smith & Nephew as US peer Medtronic became the latest company rumoured to be interested in the UK group. Satellite broadcaster BSkyB may rein back spending on English Premier
Read moreLondon midday: Investors show caution ahead of ECB, ASOS leads retailers lower
5th Jun 2014 11:25
- Markets await ECB decision, Draghi with caution - BoE keeps policy unchanged - ASOS shares plummet after profit warning, retailers fall - Smith & Nephew jumps on continued M&A speculation techMARK 2,820.75 -0.07% FTSE 100 6,796.31 -0.33% FTSE 250 15,939.53 -0.29% UK stocks were in the red on Thu
Read moreBidding war possible for Smith & Nephew, says Credit Suisse
5th Jun 2014 10:08
Analysts at Credit Suisse said on Thursday that there is a "potential bidding war on the horizon" for medical devices group Smith & Nephew (SN) as US peer Medtronic (MDT) became the latest company rumoured to be interested in the UK group. According to Bloomberg, which cited people familiar with th
Read moreSmith & Nephew gains amid Medtronic bid speculation
5th Jun 2014 09:18
M&A speculation surrounding Smith & Nephew (S&N) continued to do the rounds on Thursday amid reports that US peer Medtronic is looking to take over the company. According to Bloomberg which cited people familiar with the matter, Medtronic is still in in the early stages of preparing to make a bid a
Read moreLondon open: ASOS plummets as UK stocks fall ahead of ECB
5th Jun 2014 08:26
techMARK 2,825.83 +0.11% FTSE 100 6,802.80 -0.23% FTSE 250 15,937.44 -0.31% A surprise profit warning from fast-growing fashion retailer ASOS and a cautious outlook from speciality chemicals firm Johnson Matthey sent UK stock markets lower on Thursday, as investors nerves were tested ahead of the p
Read moreLondon pre-open: Quiet start expected as investors eagerly await ECB decision
5th Jun 2014 07:26
It is likely to be a subdued start for equity markets in the UK as investors sit on their hands ahead of the pivotal European Central Bank (ECB) meeting this afternoon. Though the ECB is widely expected to unleash a host of new measures to battle deflationary pressures and boost growth across the
Read moreThursday newspaper round-up: Smith & Nephew, Saga, Morrisons
5th Jun 2014 07:21
Smith & Nephew could become the centre of an American bidding war after another US company was said to be interested in making an offer for the medical technology company. As shares in the FTSE 100-listed hip replacement maker rose by more than three per cent yesterday, there were reports that Medtr
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