London close: Markets hold on to gains despite poor US jobs data
10th Jan 2014 16:42
- US jobs report misses forecasts by a mile - Fed now in focus on stimulus speculation - Tullow gains on Statoil rumours - Mining stocks track metals higher - Barclays boosts forecasts for UK and US GDP techMARK 2,801.83 +0.98% FTSE 100 6,739.94 +0.73% FTSE 250 16,191.73 +1.52% UK markets remained
Read moreFTSE 100 movers: Tullow jumps on bid speculation
10th Jan 2014 15:11
Tullow Oil was the top riser on speculation that it could be a takeover target. The bid speculation gave the oil stock a lift after rumours did the rounds yesterday that Norwegian group Statoil is considering an offer for the firm. Tullow also had a strong day yesterday after an upgrade from HSBC to
Read moreLondon midday: Stocks gain strongly as investors await US data, Tullow jumps
10th Jan 2014 11:21
- Tullow lifted by Statoil speculation - UK data misses forecasts - Focus on Fed ahead of non-farm payrolls techMARK 2,794.53 +0.72% FTSE 100 6,750.46 +0.88% FTSE 250 16,088.05 +0.87% UK investors were in a confident mood on Friday morning with markets gaining strongly ahead of the all-important D
Read moreTullow Oil rises from five-year lows on bid speculation
10th Jan 2014 09:26
Shares in Africa-focused oil and gas exploration outfit Tullow Oil are at the top of the leaderboard this morning. The shares are seeing some follow-through buying following yesterday's rise. That was stoked, it seems, by an upgraded recommendation from analysts at HSBC, who upped their view on
Read moreLondon open: Tullow leads gains ahead of US jobs report
10th Jan 2014 08:26
- Tullow rises on Statoil speculation - Broker rating changes move stocks early on - Taper in focus as US jobs report due this afternoon techMARK 2,785.01 +0.37% FTSE 100 6,725.63 +0.51% FTSE 250 16,016.63 +0.42% UK stocks gained strongly on Friday morning as investors prepared themselves for the
Read moreLondon close: Markets fall after Draghi comments, supermarkets drop
9th Jan 2014 17:07
- Draghi says Eurozone recovery 'weak and modest' - BoE, ECB keep rates on hold - Morrison and Tesco disappoint with Christmas sales techMARK 2,774.65 -0.25% FTSE 100 6,691.34 -0.45% FTSE 250 15,948.97 -0.33% After a brief stint in positive territory, UK stocks sunk into the red on Thursday market
Read moreFTSE 100 movers: M&S shares recover despite Q3 miss
9th Jan 2014 15:26
Marks & Spencer shares were putting in a strong performance this afternoon, recovering somewhat after yesterday's third quarter miss. The stock was given a boost by Investec, which upgraded its rating from 'hold' to 'buy', saying that the business should now become cash generative given that the cur
Read moreLondon close: Stocks settle higher ahead of Christmas
24th Dec 2013 12:10
- British Land rallies on Broadgate joint venture - Tullow Oil pulls plug on North Sea well - UK mortgage borrowing rises in November Market Movers techMARK 2,768.95 +0.26% FTSE 100 6,694.17 +0.23% FTSE 250 15,783.04 +0.26% London's leading shares closed higher in Tuesday's shortened trading sessi
Read moreLondon midday: Stocks nudge higher in pre-Christmas trading
24th Dec 2013 11:26
- UK mortgage borrowing rises in November - Millennium & Copthorne Hotels eyes Chelsea hotel acquisition - Tullow Oil pulls plug on North Sea well Market Movers techMARK 2,771.80 +0.36% FTSE 100 6,706.26 +0.41% FTSE 250 15,786.34 +0.28% London's leading shares remained in positive territory in lig
Read moreLondon open: Stocks rise in holiday shortened session
24th Dec 2013 07:59
- US orders for durable goods due - Tullow Oil pulls plug on North Sea well - British Land signs JV to develop Broadgate Market Movers techMARK 2,765.90 +0.15% FTSE 100 6,698.96 +0.30% FTSE 250 15,765.26 +0.15% The FTSE 100 opened higher in what is expected to be a quiet day ahead of Christmas.
Read moreLondon pre-open: Stocks to snap four-day rally
24th Dec 2013 07:44
City sources predict the FTSE 100 will open 8 points lower from Monday's close of 6678 in a shortened pre-holiday session. London's stock market will close at 1230 local time and will remain closed for the following two days for the Christmas holiday. In an otherwise quiet day for company news, in
Read moreTullow Oil pulls the plug on North Sea well
24th Dec 2013 07:10
Independent oil and gas exploration and production group Tullow Oil said its exploration well on the Mantra prospect offshore Norway has encountered reservoir quality sands but all intervals are water wet. As a result, drilling at the well in the North Sea has been terminated and will now be logge
Read moreLondon midday: Markets await Fed as data turns heat up on MPC
18th Dec 2013 11:16
- Taper speculation picks up ahead of Fed decision - MPC votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low - Retailers under the weather techMARK 2,693.27 +0.32% FTSE 100 6,500.40 +0.22% FTSE 250 15,391.16 +0.28% UK markets held on to gains
Read moreLondon open: Markets edge higher despite taper uncertainty
18th Dec 2013 08:21
- Fed meeting in focus, decision due out after close - BoE minutes to be released this morning - M&S downgraded by UBS to 'neutral' - Oil stocks in focus after exploration updates techMARK 2,701.33 +0.62% FTSE 100 6,512.99 +0.41% FTSE 250 15,387.21 +0.25% Markets opened slightly higher on Wednesda
Read moreTullow Oil says Côte d'Ivoire well comes up dry
18th Dec 2013 07:18
Explorer Tullow Oil said a well off the coast of Côte d'Ivoire in west Africa has turned up dry. Tullow is plugging and abandoning the Paon-2A appraisal well in the CI-103 licence after drilling failed to uncover oil. Paon-2A was sited 15km south west of the Autruche light oil discovery made by th
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