London midday: UK stocks retreat on rate-hike uncertainty
20th Aug 2014 12:00
- MPC split on rate decision for first time since 2011 - FOMC minutes due out after the close - Ex-dividend stocks, Balfour Beatty weigh on market - Beverage shares hit by Carlsberg results techMARK 2,798.96 -0.07% FTSE 100 6,752.88 -0.39% FTSE 250 15,794.83 -0.63% UK equities retreated from a thr
Read moreLondon open: Stocks snap five-day win streak ahead of central bank minutes
20th Aug 2014 09:00
- MPC, FOMC minutes in focus - FTSE 100 pulls back from three-week high - Balfour drops after rejecting Carillion bid - Glencore announces $1bn buyback techMARK 2,802.00 +0.04% FTSE 100 6,769.90 -0.14% FTSE 250 15,859.07 -0.23% UK stocks snapped a five-day winning streak on Wednesday ahead of the
Read moreLondon open: Stocks flat on rate speculation ahead of Inflation Report
13th Aug 2014 09:04
- Inflation Report, rate speculation keeps markets cautious - Ukraine crisis in focus as Russian convoy heads to border - Chinese data disappoints, Japanese GDP sinks - Ex-dividend stocks fall techMARK 2,725.51 -0.10% FTSE 100 6,630.77 -0.02% FTSE 250 15,403.28 -0.40% Weak economic data from Asia,
Read moreOfwat urges water companies to drop prices
6th Aug 2014 12:54
Ofwat, a Britain's water regulator, has written to United Utilities, Thames Water and Bristol Water urging the companies to reduce water prices. The regulator's concerns, announced on Wednesday, were focused on United Utilities' wholesale wastewater price control, Bristol Water's wholesale water pr
Read moreLondon close: PMIs, jobs data, broker comment drag FTSE lower
1st Aug 2014 17:01
- FTSE ended 50.93 points lower at 6,679.18 - UK, Eurozone PMI comes in weak - US jobs increase by 209,000 techMARK 2,751.56 -0.48% FTSE 100 6,679.18 -0.76% FTSE 250 15,402.70 -0.60% The FTSE ended significantly lower as weak Eurozone and UK manufacturing data, US jobs figures and broker downgrade
Read moreFTSE 100 movers: Capita and United Utilities hit by Credit Suisse downgrades
1st Aug 2014 15:55
Capita and United Utilities were heavy fallers after Credit Suisse downgraded its rating on the stocks to 'neutral' and 'underperform', respectively. Schroders continued to move lower following Thursday's results, which saw the group warn that "the short-term outlook for retail investor demand is u
Read moreLondon midday: UK stocks sink 1.4% as investors scale back risk
1st Aug 2014 12:10
- RBS underwhelms with Q2 results - Mining stocks fall as investors scale back risk - Rexam, IAG, Smith & Nephew gain after results - Gaza fighting, US data keeps investors cautious techMARK 2,732.54 -1.17% FTSE 100 6,635.42 -1.41% FTSE 250 15,313.02 -1.18% UK stocks were in the red for the third
Read moreUnited Utilities trading in line with expectations
25th Jul 2014 07:24
United Utilities on Friday said it had traded in line with its expectations in the four months to late July, with an increase in revenue partly offset by the previously announced special customer discount of around £20m that has been applied to this year's bills. It said its capital investment pro
Read moreLondon open: Stock markets rattled by Malaysia Airlines crash
18th Jul 2014 09:17
- Malaysia Airlines crash rattles equity markets - Ukraine, rebels blame each other for shooting down plane - Bullard says Fed may need to move more quickly to tighten techMARK 2,782.92 -0.58% FTSE 100 6,713.50 -0.37% FTSE 250 15,463.12 -0.58% UK stocks opened firmly in the red on Friday morning a
Read moreFTSE 100 movers: Tobacco stocks drop on Reynolds-Lorillard tie-up
15th Jul 2014 13:49
Share prices of tobacco rivals Imperial and British American both dropped on Tuesday as investors gave a cool reaction to the planned merger between US peers Reynolds and Lorillard, which involves both UK companies parting ways with a lot of cash. As part of the deal, Imperial is to buy a portfolio
Read moreTelit Communications CEO continues to grow holding
8th Jul 2014 16:01
The Chief Executive and founder of Telit Communications has continued to expand his stake in the group with another two sizeable purchases. Oozi Cats, who last week spent £210.43m on shares, has this week made the more modest purchase of 200,000 shares in a deal worth £430,000, alongside the acquis
Read moreNMC Health CEO and founder buys 10m shares
30th Jun 2014 16:10
United Arab Emirates-based NMC Health saw its shares jump on Monday after its Chief Executive Officer and founder, B.R. Shetty, purchased 10m shares from its largest shareholder, H.E. Al Qebaisi. The 500p-a-share deal increased his holding to 47.74m, equal to a 25.71% stake in the integrated priva
Read moreUnited Utilities plans to cut household bills by up to 2.3% over five years
27th Jun 2014 07:49
United Utilities, the UK's largest listed water company, has submitted a revised 2015-20 business plan to regulators that includes a proposal to cut average household bills by as much as 2.3% in real terms over the period. The firm's initial plan had included proposals to cut bills by a lesser 1.7%
Read moreLondon pre-open: FTSE to move higher ahead of Q1 GDP revision
27th Jun 2014 07:40
Blue chips are expected to shrug off a poor performance in Asia and an "indifferent" session in the US ahead of the final revision of first-quarter UK economic growth and a number of other economic data releases. The FTSE 100 is predicted to open around 10 points above yesterday's close of 6,735.
Read moreLondon midday: Stocks slip as investors weigh MPC comments, German data
24th Jun 2014 11:59
- MPC members grilled by MPs, sound dovish tone - Iraq tensions, German data weigh on sentiment - Domino Printing plummets on cautious outlook techMARK 2,807.14 -0.75% FTSE 100 6,788.81 -0.17% FTSE 250 15,563.07 -0.72% UK stocks erased early gains and were trading in the red by Tuesday lunchtime a
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