Editor's Picks

Filter by:

  • Commodities: Iron ore prices headed for sixth monthly decline

    Thursday 29 May 2014

    While most economists brushed off the unexpectedly weak first quarter US gross domestic product figures out on Thursday as a bit of a weather induced fluke, capital markets may have taken a bit of a more cautious line.

  • London close: FTSE ends up as market ignores US GDP

    Thursday 29 May 2014

    UK stocks settled higher after rising early on and staying fairly steady throughout the afternoon, despite the release of a worse-than-expected US GDP reading.

  • Numis downgrades Fenner after profit warning

    Thursday 29 May 2014

    A profit warning from polymer products group and conveyor belt maker Fenner has prompted Numis Securities to downgrade its rating on the stock from 'add' to 'hold'.

  • Sunday share tips: Glaxo, Genel, Treatt

    Thursday 29 May 2014

    Buy shares of Genel Energy, Danny Fortson urged in the Sunday Times’s Inside the City column. The oil explorer sold a tanker of crude from Kurdistan last month for the market rate of more than $100 a barrel. Previous sales have been below the Brent crude price because of lack of infrastructure and political tension in Iraq. The sale is ahead of Chief Executive Tony Hayward’s timetable and

  • Commodities: Oil prices weaken after data, log monthly gain

    Thursday 29 May 2014

    Crude oil prices ticked lower on Friday, as traders’ mulled weak consumer spending and confidence data, but prices still managed a monthly gain.

  • FTSE 100 movers: Smith & Nephew rises on Stryker bid chatter

    Thursday 29 May 2014

    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 "merger synergies of about 160-195p/S&N share" if the hypothetical deal were to go ahead.

  • London close: FTSE ends up as market ignores US GDP

    Thursday 29 May 2014

    UK stocks settled higher after rising early on and staying fairly steady throughout the afternoon, despite the release of a worse-than-expected US GDP reading.

  • UK government attacks EU's call for "yet more money"

    Thursday 29 May 2014

    The UK government has attacked Brussels for asking for "yet more money" from member states of the European Union.

  • Sex and drugs boost UK economy by £10bn

    Thursday 29 May 2014

    Prostitution and illegal drugs have provided a £10bn boost to the UK economy, according to the Office for National Statistics (ONS) on Thursday.

  • B&Q owner Kingfisher comes up short despite "strong" Q1 - UPDATE

    Thursday 29 May 2014

    Kingfisher Chief Executive Sir Ian Cheshire hailed a "strong start to the year" for the DIY retailer, but first-quarter results failed to impress the market on Thursday with profits coming in shy of analysts' forecasts.

  • FTSE 100 movers: Smith & Nephew rises on Stryker bid chatter

    Thursday 29 May 2014

    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 "merger synergies of about 160-195p/S&N share" if the hypothetical deal were to go ahead.

  • More than 7,000 homes sold under Help to Buy - UPDATE

    Thursday 29 May 2014

    The Treasury has revealed that 7,313 homes at a total value of 1bn pounds have been sold so far under the Help-to-Buy mortgage scheme.

  • UBS upbeat about growth potential at IMI, upgrades to 'buy'

    Thursday 29 May 2014

    IMI was trading higher on Thursday after Swiss bank UBS lifted its rating on the stock from 'neutral' to 'buy', saying that growth rates of sales at the engineering group have the potential to double in the medium term.

  • Broker tips: Lloyds, Smith & Nephew, IMI, Imagination Technologies

    Thursday 29 May 2014

    Broker Oriel said Lloyds Banking Group's offloading of TSB should enhance net interest margin for the bank and, with a rising dividend yield, has reiterated its 'buy' recommendation on the bank.

  • Severn Trent earnings in line as pricing plan deadline looms

    Wednesday 28 May 2014

    UK water company Severn Trent reported earnings in line with consensus, although revenues were slightly short of expectations.

  • Credit Suisse sees upside at Smith & Nephew in potential Stryker takeover

    Wednesday 28 May 2014

    Credit Suisse has kept its 'neutral' stance on medical device maker Smith & Nephew (S&N) but has said it sees upside to the share price if the rumoured takeover by US peer Stryker were to go ahead.

  • Ukraine increases air patrol presence over Donetsk

    Wednesday 28 May 2014

    Ukraine has increased its air patrol presence over the Donetsk region following fighting with pro-Russian separatists.

  • Stryker denies rumoured takeover offer for Smith & Nephew

    Wednesday 28 May 2014

    US medical devices maker Stryker has responded to media speculation by saying it is not looking to buy UK-listed peer Smith & Nephew, bringing shares in the latter back down to earth after an earlier surge.

  • Kingfisher makes strong start as Q1 sales and profits rise

    Wednesday 28 May 2014

    Decent weather and a later-than-usual Easter helped DIY retailer Kingfisher lift profits by a fifth in its first quarter, as the company saw like-for-like (LFL) sales rise across the board.

  • Significant Chinese monetary easing seen over coming weeks

    Wednesday 28 May 2014

    While the details of the People’s Bank of China’s next move are “uncertain” there is an increasing probability that more “significant monetary easing” will be announced in the coming weeks, Barclays economist Jian Chang wrote in a note to clients on Thursday morning.

Top of Page