London midday: Stocks rise on UK construction data, ECB hopes
2nd Sep 2014 12:00
- UK construction PMI unexpectedly rises - Stimulus hopes high ahead of Thusday's ECB meeting - Weir lifted by Credit Suisse upgrade - Mining, supermarket stocks provide a lift techMARK 2,855.10 -0.12% FTSE 100 6,835.10 +0.14% FTSE 250 15,970.91 +0.09% UK stock rose for the third straight session
Read moreTuesday newspaper round-up: Scotland, Boris Island, Supermarkets
2nd Sep 2014 06:53
Scotland is within touching distance of independence, according to a poll for The Times which reveals that Alex Salmond's campaign to leave the United Kingdom needs only three more points to claim victory. With 16 days to go until millions of Scots vote in the referendum, a YouGov poll put support f
Read moreLondon close: Tesco and HSBC focus investors' attention
1st Sep 2014 17:21
- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,858.54 +0.26% FTSE 100 6,825.31 +0.08% FTSE 250 15,957.13 +0.45% Figures showing a manufacturing slowdown in the Eurozone, UK and China capped
Read moreTesco crisis continues as leading shareholder slashes stake
1st Sep 2014 16:45
Pressure is growing on Tesco after one of its leading shareholders admitted it had cut its stake in the supermarket, deeming the retailer as being "too risky". Chicago-based Harris Associates was Tesco's seventh-main shareholder with a 3% stake in the business, which has now been reduced by two per
Read moreFTSE 100 movers: ITV a strong riser on bid speculation
1st Sep 2014 15:03
Shares in ITV were rising strongly on Monday on renewed speculation that Liberty Global could be preparing to launch a full-scale bid for the UK broadcaster. According to The Telegraph over the weekend, Liberty, which already owns a 6.4% stake in ITV through its investment in July, is "forming allia
Read moreLondon midday: Weak global manufacturing data weighs on UK stocks
1st Sep 2014 12:06
- Chinese, Eurozone and UK manufacturing PMIs fall - Markets looking ahead to BoE, ECB, US jobs data - Perform jumps on Access Industries offer techMARK 2,855.71 +0.16% FTSE 100 6,816.49 -0.05% FTSE 250 15,922.73 +0.23% Figures showing a manufacturing slowdown in China, the Eurozone and UK were we
Read moreLondon open: Stocks slip on Chinese data, Ukraine tensions
1st Sep 2014 09:11
- Chinese manufacturing PMIs disappoint - Ukraine tensions high after Putin calls for "statehood" - Perform shares jump on Access Industries offer techMARK 2,857.65 +0.23% FTSE 100 6,811.96 -0.11% FTSE 250 15,922.03 +0.23% Weak economic data from China and ongoing geopolitical tensions in Ukraine
Read moreSunday share tips: Sainsbury's, Poundland, Hill & Smith
31st Aug 2014 17:46
Sell shares of Sainsbury's because the supermarket group's dividend is under threat, Questor said in the Sunday Telegraph. The UK supermarket sector is heading for lower profits and that means Sainsbury's payout is on the chopping block after Tesco's shock slashing of its interim dividend by 75%. Sa
Read moreSunday newspaper round-up: Tesco, ITV, Glaxo
31st Aug 2014 17:42
Harris Associates, the US investment fund that has been one of Tesco's biggest and most loyal shareholders, has sold almost two thirds of its stake because it thinks the supermarket group has become too risky, the Sunday Telegraph reported. David Herro, Harris's chief executive, said there were too
Read moreLondon close: FTSE ends higher after data-heavy day
29th Aug 2014 17:23
- FTSE 100 closes up 13.95 at 6,819.75 - UK consumer confidence up - House prices inch higher techMARK 2,851.08 +0.17% FTSE 100 6,819.75 +0.20% FTSE 250 15,885.72 -0.16% The biggest London-listed stocks ended the week on an upbeat note after data-heavy session around for the UK, the Eurozone and t
Read moreFTSE 100 movers: Supermarkets provide drag after Tesco issues profit warning
29th Aug 2014 15:46
Shares in Tesco fell sharply on Friday after the supermarket giant announced it expects profits to fall by as much as 27% this year and its interim dividend to be cut by 75%. New boss Dave Lewis, who due to take over from Philip Clarke, will now join the group one month earlier than planned on 1 Sep
Read moreTesco needs big changes to revive fortunes, Shore Capital says
29th Aug 2014 14:29
British supermarket Tesco must make wholesale changes to its structure if the company is to turn its fortunes around, analysts at Shore Capital said in a note to investors on Friday. Kantar retail data showed Tesco had underperformed the UK grocery market by more than 12% in the three months to 18
Read moreLondon midday: Traders debate likelihood of ECB action
29th Aug 2014 12:34
- Eurozone CPI data due out - US activity indicators expected later in the day - Weak Japanese economic figures techMARK 2,847.27 +0.03% FTSE 100 6,818.23 +0.18% FTSE 250 15,864.18 -0.29% UK stocks were registering only a slight advance towards midday, as investors debated the prospect for further
Read moreLondon open: Stocks rise ahead of spate of economic indicators
29th Aug 2014 09:34
- Eurozone CPI data due out - US activity indicators expected later in the day - Weak Japanese economic figures techMARK 2,854.37 +0.28% FTSE 100 6,821.75 +0.21% FTSE 250 15,909.75 -0.01% UK stocks were registering only slight gains in the early going ahead of the release of the latest Eurozone in
Read moreLondon pre-open: FTSE to open almost flat amid rising tensions
29th Aug 2014 07:40
With tensions between Ukraine and Russia once again mounting, UK stocks are set for only a very modest gain at Friday's opening bell. City sources predict the FTSE 100 will open around three points higher than yesterday's close of 6,805.80. According to images released by Nato on Thursday, Russi
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