FTSE 100 movers: Lloyds takes top spot after strong Q1, TSB float
1st May 2014 14:32
Domestic lender Lloyds rose into the top spot after saying that underlying profits rose by over a fifth in the first quarter and it continues to expect to apply to regulators in the second half to restart dividend payments. That came as it announced TSB bank is due to float in London before the end
Read moreLondon close: FTSE extends gains ahead of FOMC statement
30th Apr 2014 16:59
- FTSE ends 10.12 points higher at 6,780.03 - US GDP misses expectations - Focus very much of FOMC meeting statement techMARK 2,780.50 -0.39% FTSE 100 6,780.03 +0.15% FTSE 250 15,817.20 -0.50% UK indices ended today's session slightly higher following a raft of corporate announcements, mixed data
Read moreFTSE 100 movers: Barratt Developments in top spot, Shell close behind
30th Apr 2014 14:40
Housebuilder Barratt Developments clawed back yesterday's losses, claiming its place in the top spot. Oil major Royal Dutch Shell rose strongly as first-quarter underlying earnings fell by 3% but beat expectations. Bottom-line earnings, however, were hit by £2.9bn of impairments in its Downstream
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 moreS&P lowers outlook on Tesco's long-term debt ratings
29th Apr 2014 13:44
Ratings agency Standard&Poor's (S&P) has lowered its view on the long-term credit rating of supermarket retailer Tesco, warning that a continuation of the recent trends at the company towards a lower market share, sales and profit could result in a one-notch downgrade. S&P affirmed the company's "B
Read moreBroker tips: Diageo, Ocado, Devro
28th Apr 2014 11:53
Credit Suisse has downgraded its rating for Diageo from 'outperform' to 'neutral', saying that challenges are mounting at the drinks group. The bank has lowered its target price for the stock from 2,200p to 1,950p after cutting its earnings per share estimates for next year by 8% to 101p on the bac
Read moreTesco cuts prices for 30 items and slashes online costs
22nd Apr 2014 14:17
Tesco has cut prices on 30 food items and slashed charges for its online grocery service in an effort to counter the rise of the discounters Aldi and Lidl. The FTSE 100 group has made its Click & Collect service, where shoppers order online then collect in store, free for groceries. Users of Tesc
Read moreFTSE 100 movers: Barclays leads banks higher on shake-up speculation
17th Apr 2014 14:07
The share price of Barclays rose strongly on Thursday amid speculation the bank could announce thousands of further job cuts in its investment banking division as part of a corporate shake-up. Barclays released a statement today which announced that it would update shareholders next month on its s
Read moreThursday tips round-up: Reckitt Benckiser, Tesco
17th Apr 2014 07:30
Consumer goods giant Reckitt Benckiser's first quarter results may have satisfied market expectations and its consumer health business - its main engine for growth - is doing well enough, with revenues growing by 11 per cent during the most recent reporting period. As well, the firm is aiming to flo
Read moreLondon close: Stocks finish on upbeat note
16th Apr 2014 16:59
- FTSE closes up 42.56 points at 6,584.17 - UK unemployment data drops to 6.9 per cent - US industrial production rises more than expected techMARK 2,651.59 +0.79% FTSE 100 6,584.17 +0.65% FTSE 250 15,745.98 +1.00% A strong finish to today's session put an end to the recent pattern of losses among
Read moreSector movers: Tesco gives grocery sector a lift after results
16th Apr 2014 15:14
Retailers were on shopping lists today, helped by a strong performance from sector heavyweight Tesco. Shares in Tesco were making gains despite the company reporting that profits fell for the first time in 20 years, as the decline was not as bad as analysts had predicted. A 6.7% fall in group trad
Read moreFTSE 100 movers: Sports Direct regains recent lost ground
16th Apr 2014 13:45
Sports Direct, IAG and Ashtead have all been under heavy selling pressure over the past week as investors took profits following some impressive gains over the last year. These stocks, however, were performing well today with Sports Direct the stand-out performer, rising more than 6% after Bank of
Read moreBroker tips: Sports Direct, Tesco, DS Smith
16th Apr 2014 13:02
Sports Direct shares were rising strongly on Wednesday morning as the stock bounced strongly after its recent weakness, with comments from Bank of America Merrill Lynch providing a boost. The US bank raised its near-term forecasts for the sporting goods retailer and lifted its target price for the
Read moreLondon midday: Sports Direct, Burberry and Tesco lead markets higher
16th Apr 2014 11:30
- Sports Direct gains as momentum stocks recovery - Tesco, Burberry and Persimmon impress with results - UK unemployment declines, China data mixed - Ukraine crisis escalates techMARK 2,642.64 +0.45% FTSE 100 6,562.09 +0.31% FTSE 250 15,694.83 +0.67% A recovery by so-called 'momentum' stocks and a
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