FTSE 100 movers: Smith & Nephew rises on Stryker bid chatter
29th May 2014 15:35
Medical device maker Smith & Nephew was a high riser again after reports yesterday suggested that US peer Stryker was working on a bid for the firm. While the rumours were denied by Stryker, Smith & Nephew's share price was continuing to extend gains this morning after Credit Suisse said it sees "me
Read moreBT directors build stakes, Trinity Mirror makes show of faith
20th May 2014 15:52
Five BT board members last week each acquired 486 shares under its Equiniti share plan, it was announced Monday. Those purchasing shares included Chairman Sir Michael Rake and Chief Executive Officer Gavin Patterson. All of the shares were bought for 370.25p each. The announcement comes one day
Read moreLondon midday: UK stocks pull back from two-month high
6th May 2014 11:54
- Barclays, Aberdeen, AstraZeneca, Balfour Beatty fall - Ukraine tensions continue to rise - FTSE 100 pulls back from two-month high - UK services PMI beats forecasts techMARK 2,798.81 +0.15% FTSE 100 6,811.35 -0.16% FTSE 250 15,928.23 -0.02% Falls from Barclays, Aberdeen, AstraZeneca and Balfour
Read moreLondon open: FTSE 100 retreats as Barclays and Aberdeen fall
6th May 2014 08:35
- Barclays, Aberdeen and Balfour Beatty provide a drag - Ukraine tensions cap risk appetite - FTSE 100 pulls back from two-month high techMARK 2,800.50 +0.22% FTSE 100 6,810.43 -0.18% FTSE 250 15,950.66 +0.12% UK markets opened slightly lower on Tuesday morning as traders adopted a cautious approa
Read moreFTSE 100 movers: RBS climbs on strong Q1
2nd May 2014 14:54
RBS pleased investors after saying that pre-tax profit surged to 1.64bn pounds in the first three months of 2013, up from 826m pounds the year before and ahead of forecasts. This came despite a 2% fall in income to £5.05bn, as expenses fell 6% and impairment losses dropped 65%."The first-quarter [
Read moreLondon midday: Stocks rise but markets cautious ahead of Fed decision
30th Apr 2014 11:53
- Markets cautious ahead of FOMC outcome - Eurozone inflation picks up but misses consensus - Heritage Oil jumps on takeover offer - Shell and Tullow lead markets higher techMARK 2,775.59 -0.56% FTSE 100 6,776.83 +0.10% FTSE 250 15,813.39 -0.52% UK stocks were trading slightly higher on Wednesday
Read moreLondon open: Stocks pause at eight-week high ahead of FOMC
30th Apr 2014 09:20
- Stocks pause at highest since March 6th - FOMC meeting, economic data in focus today - Heritage Oil receives takeover offer - Shell, Tullow and Next rise after updates techMARK 2,781.52 -0.35% FTSE 100 6,774.00 +0.06% FTSE 250 15,872.51 -0.15% UK stocks opened broadly flat on Wednesday morning a
Read moreLondon close: FTSE higher on GDP data, reports of Russian pull-back
29th Apr 2014 16:59
- FTSE closes up 69.75 points at 6,769.91 - Q1 GDP rises 0.8 per cent - Tensions ease in Eastern Europe techMARK 2,791.25 +0.74% FTSE 100 6,769.91 +1.04% FTSE 250 15,896.64 +0.44% It was an upbeat finish for UK stocks today, with financial companies leading the way on the back of strong UK gross d
Read moreBeazley Finance Director sells shares post-vesting
29th Apr 2014 16:16
Beazley's Group Finance Director, Martin Bride, on Tuesday sold all 37,500 shares that vested under the specialist insurance company's April 2009 plan. Bride, who joined the group that year, sold the shares at 243.75p each, generating £91,406. The company delivered an impressive performance in 20
Read moreFTSE 100 movers: BG Group regains lost ground, financial stocks rise
29th Apr 2014 15:20
Gas giant BG Group clawed back some of yesterday's heavy losses which came after it delivered a double blow to investors, announcing the departure of Chief Executive Chris Finlayson and warned its 2014 production levels would be at the lower end of expectations due to challenges in Egypt. Financia
Read moreFTSE 100 movers: Pearson leads risers, while Tullow sits in last place
25th Apr 2014 14:13
Bernstein Research helped educational publisher Pearson higher after it said it is set to cash in on a shake-up of education services in the US, in spite of taking a hit from currency volatility. Bernstein says Pearson, which gets about 60% of its sales from the US, is likely to benefit from Common
Read moreFriday tips round-up: Premier Foods, Travis Perkins
25th Apr 2014 10:29
Yesterday's trading update from Premier Foods showed the daunting task which management at the firm faces. Yes, it recently carried out a capital restructuring, involving a 353m pound rights issue, selling 500m pounds in high-yield bonds and securing a new 272m pound borrowing facility. In parallel,
Read moreFriday broker round-up UPDATE
25th Apr 2014 09:19
African Barrick Gold: Deutsche Bank lowers target price from 310p to 300p maintaining a buy recommendation. Anglo American: Deutsche Bank cuts target price from 1530p to 1510p and reiterates a hold recommendation. ASOS: Deutsche Bank upgrades to buy with a target price of 5800p. Astra Zeneca: Deu
Read moreLondon close: FTSE ends above 6,700 after strong US tech performance
24th Apr 2014 16:59
- FTSE ends 28.26 points higher at 6,703 - Easter retail sales rise - Ukraine kills militants, EU ponders Crimea sanctions techMARK 2,759.85 +0.65% FTSE 100 6,703.00 +0.42% FTSE 250 15,991.77 +0.01% The FTSE 100 closed above the key psychological barrier of 6,700, lifted by better-than-expected r
Read moreFTSE 100 movers: AstraZeneca leads after revenue beats expectations
24th Apr 2014 14:33
AstraZeneca rose on the back of better-than-expected revenue growth of three per cent in the first quarter, driven by the pharmaceutical company's diabetes franchise. Shares were up despite earnings falling more than expected. AstraZeneca's share price surged earlier this week on speculation it coul
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