Editor's Picks
London pre-open: Stocks expected to fall ahead of FOMC minutes
Wednesday 21 Aug 2013
Markets are expected to open lower on Wednesday morning as traders nervously await the minutes of the latest Federal Reserve meeting.
Lloyds incurs loss on disposal of German life insurance unit
Wednesday 21 Aug 2013
Lloyds has announced that it is offloading its German life insurance business as it continues to downsize its international footprint, but will take a big loss in doing so.
Lloyds incurs loss on disposal of German life insurance unit
Wednesday 21 Aug 2013
Lloyds has announced that it is offloading its German life insurance business as it continues to downsize its international footprint, but will take a big loss in doing so.
Wednesday preview: Fed in focus as minutes of latest meeting revealed
Tuesday 20 Aug 2013
Corporate earnings are likely to take a back seat on Wednesday as all eyes focus on the Federal Reserve which will publish the minutes of its latest policy meeting.
London close: Markets finish lower despite late rally
Tuesday 20 Aug 2013
Markets slumped to a six-week low on Tuesday as investors trimmed positions and scaled back risk appetite ahead of minutes of the latest US policy meeting due out tomorrow.
Sector movers: Oil-services sector falls as Wood Group disappoints
Tuesday 20 Aug 2013
The oil-services sector was out of favour on Tuesday, pulling back after a sharp rise the day before, as disappointing results from blue-chip firm Wood Group dampened sentiment.
Gross lending hits four-year high
Tuesday 20 Aug 2013
Gross lending hit a four-year high in July, the Council of Mortgage Lenders (CML) reported on Tuesday.
US pre-open: Retailers lift futures ahead of opening bell
Tuesday 20 Aug 2013
US stock futures were pointing to small gains on Tuesday morning as investors temporarily shrugged off concerns over an impending withdrawal of quantitative easing and instead focused on upbeat reports from a number of retailers.
London midday: Corporate earnings weigh on stocks ahead of Fed minutes
Tuesday 20 Aug 2013
A number of poorly-received results from blue-chip companies and ongoing concerns about the future of US stimulus weighed heavily on markets on Tuesday morning, dragging the FTSE 100 to levels not seen in over six weeks.
London midday: Corporate earnings weigh on stocks ahead of Fed minutes
Tuesday 20 Aug 2013
A number of poorly-received results from blue-chip companies and ongoing concerns about the future of US stimulus weighed heavily on markets on Tuesday morning, dragging the FTSE 100 to levels not seen in over six weeks.
BT confirms Livingstone will step down as CEO next month
Tuesday 20 Aug 2013
Telecom giant BT confirmed that Ian Livingston will step down as Chief Executive on September 10th and immediately hand over to Gavin Patterson.
London open: Stocks at six-week low as earnings disappoint
Tuesday 20 Aug 2013
Heavy falls from Wood Group, CRH and a host of miners were weighing on the FTSE 100 in early trading on Tuesday, pushing the index to levels not seen in over six weeks.
Glencore Xstrata reports merger synergies better than expected
Tuesday 20 Aug 2013
Maiden first-half results from newly-formed Glencore Xstrata showed encouraging progress in integrating the two businesses with cost savings much higher than expected.
London pre-open: Weak start expected as eyes turn to Fed minutes
Tuesday 20 Aug 2013
Ongoing concerns over the Federal Reserve's impending withdrawal of quantitative easing are expected to weigh on markets again on Tuesday morning.
US close: Stocks fall as bond yields continue to rise
Tuesday 20 Aug 2013
Eyes turn to FOMC minutes on Wednesday; Benchmark yields continue to rise; Dow, S&P in longest losing streak since Dec 2012.
Wood Group eyes strong full year growth
Tuesday 20 Aug 2013
Oil and gas services company Wood Group said it enjoyed good growth in first half of the year and anticipates a full year performance in line with expectations.
Premier Oil sells non-core assets in Norway to Cairn
Tuesday 20 Aug 2013
FTSE 250 oil exploration and production company Premier Oil is to offload its stake in two blocks in the Norwegian North Sea to sector peer Cairn Energy.
Persimmon profits jump, Help to Buy boosts order book
Tuesday 20 Aug 2013
Persimmon reported half year profits up 38 per cent and said its order book was running 21 per cent ahead of last year as the Government’s Help to Buy scheme boosted visitor numbers.
London close: Tapering concerns continue to hit stocks
Monday 19 Aug 2013
Concerns about the future of US stimulus continued to weigh on stocks on Monday with London’s mining sector bearing the brunt of a reduction in risk appetite amongst investors.
Tesco fined for offences over strawberry promotion
Monday 19 Aug 2013
Supermarket giant Tesco has been fined after a shopper filed a complaint over a promotion on a 400g punnet of strawberries.
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