London midday: FTSE continues strong gains as confidence grows
27th Dec 2013 11:58
- FTSE up by almost 50 points - Retailers and miners provide boost - Volumes low as many traders on holiday techMARK 2,782.11 +0.48% FTSE 100 6,741.92 +0.71% FTSE 250 15,815.47 +0.21% The FTSE continued to make strides, sitting almost 50 points higher by the midday point, marking its sixth day of
Read moreLondon open: Markets edge higher despite growing UK concerns
20th Dec 2013 08:27
- UK consumer confidence falls - BoE admits to poor economic estimates - S&P downgrades EU to 'AA+' - BAE tumbles after UAE walks away from Eurofighter deal techMARK 2,732.19 -0.10% FTSE 100 6,595.40 +0.16% FTSE 250 15,592.04 +0.01% UK stocks edged higher on Friday morning with markets hitting the
Read moreLondon close: Markets flat as investors turn cautious ahead of Fed
18th Dec 2013 16:41
- Stocks trading within narrow range ahead of Fed - Fed decision due at 19:00 London time - BoE votes unanimously on policy, warns of sterling strength - UK unemployment falls to four-and-a-half-year low techMARK 2,697.26 +0.47% FTSE 100 6,492.08 +0.09% FTSE 250 15,366.70 +0.12% Markets finished b
Read moreFTSE 100 movers: Centrica, ARM Holdings, Rexam
18th Dec 2013 14:52
Centrica was the top riser on Wednesday after the energy company said it would sell its Texas gas-fired power stations to Blackstone for 685m dollars and use the proceeds to extend its share buyback programme. Chipmaker ARM Holdings gained after Dixons Retail posted sales growth driven by tablet co
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 moreLondon close: Stocks pull back as investors await Fed decision
17th Dec 2013 16:36
- US inflation data in focus ahead of Fed meeting - UK inflation falls, Eurozone inflation picks up - Supermarket fall on competition from discounters - Car insurance is too high, claims Competition Commission techMARK 2,684.75 -0.05% FTSE 100 6,486.19 -0.55% FTSE 250 15,348.56 -0.23% UK markets p
Read moreFTSE 100 movers: Supermarkets drop, Admiral hit by car insurance concerns
17th Dec 2013 16:08
Supermarkets stocks were registering losses on Tuesday afternoon after a report from Kantar Worldpanel revealed that over half the UK shopped in either Aldi or Lidl during the 12 weeks to December 8th for the first time in history. The panel found that all of the Big Four grocers and with the Co-o
Read moreSector movers: Supermarkets hit by competitive pressures
17th Dec 2013 15:31
Retail stocks were off shopping lists on Tuesday with supermarkets firmly out of favour after a gloomy report from Kantar Worldpanel. The consumer knowledge agency revealed that over half the country shopped in either Aldi or Lidl during the 12 weeks to December 8th for the first time in history.
Read moreThursday newspaper round-up: UK economy, EU banks, Co-op...
12th Dec 2013 10:05
The UK downturn is finally expected to be left behind next year as the size of the economy surpasses its pre-recession peak, according to a new forecast from the British Chambers of Commerce upgrading prospects for growth. - The Telegraph The European Union has agreed a common rule book for handlin
Read moreTesco Bank current account launch will slow profits growth
11th Dec 2013 08:26
Tesco's banking arm has revealed plans to launch its current account in the new year but admitted this will hit profits at the division. Benny Higgins, Chief Executive of Tesco Bank, cautioned that profitability will be "tempered" for a period as a new account takes "quite a few years" to reach mat
Read moreWednesday newspaper round-up: US budget, RBS, Fracking...
11th Dec 2013 07:25
Democratic and Republican negotiators on Tuesday night agreed a deal to set spending levels until 2015, breaking the latest fiscal logjam in Congress and stopping a cycle of crisis-driven economic policy making in Washington. The agreement is small in size - worth 85bn dollars - but may herald the r
Read moreLondon close: FTSE 100 finishes at eight-week low
5th Dec 2013 16:27
- FTSE 100 at lowest level since October 11th - Autumn Statement, BoE, ECB in focus - Eyes on jobs report ahead of Fed meeting - AZ Electronic soars after 1.6bn-pound offer from Merck techMARK 2,648.11 +0.15% FTSE 100 6,498.33 -0.18% FTSE 250 15,157.70 +0.20% UK markets traded broadly sideways on
Read moreFTSE 100 movers: Miners gain, supermarkets fall
5th Dec 2013 14:08
Mining stocks were performing well on Thursday as share prices recovered after a sell-off earlier in the week. Global diversified miner Vedanta Resources was a high riser as analysts at both AlphaValue and RBC Capital Markets upgraded their ratings for the stock. Other metal producers including An
Read moreBroker tips: TUI Travel, AMEC, Tesco, DS Smith
5th Dec 2013 12:07
Numis Securities has recommended investors to 'add' to positions in TUI Travel ahead of the tour operator's full-year results next week, hailing the company's outlook next year. "In the UK, given improving consumer confidence, rising house prices, economic growth and increasing employment, we belie
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