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  • FX round-up: Spain fears pressure euro

    Monday 23 Jul 2012

    The euro fell to a two-year low against the dollar on Friday as fears about the Eurozone returned to the fore following reports that the Valencia region in Spain would ask for government help to pay down its debt.

  • Pennon wins waste contract in Glasgow

    Monday 23 Jul 2012

    FTSE 100 water group Pennon has signed a 25-year Residual Waste Treatment Services Design, Build, Finance and Operate contract with Glasgow City Council, a key part of the group's growth strategy in Scotland, it said.

  • Aberdeen sees AuM edge lower in Q3

    Friday 20 Jul 2012

    Fund manager Aberdeen Asset Management saw assets under management (AuM) slip slightly in the third quarter, but says that this result was resilient amidst an uncertain environment.

  • FTSE 100 movers: Resolution falls after cancelled cash return

    Friday 20 Jul 2012

    Shares in UK life insurance and asset management group Resolution dropped sharply after the group cancelled the cash return of 250m pounds set for the first half of 2012 due to "uncertainty" in the markets.

  • Market overview: Euro sinks over tensions in Greece and Spain

    Friday 20 Jul 2012

    0813: European stocks have begun the week sharply lower after reports surfaced over the weekend that the IMF may decide not to disburse the next installment of aid to Greece. That as senior German policymakers voice their concern over the Eurozone´s ability to rescue the Mediterranean nation. In parallel, Spanish bond yields have opened the session at euro-era record highs. That alongside a

  • Sunday share tips: Rentokil, Lloyds,Vodafone

    Friday 20 Jul 2012

    Rentokil is due to release its second-quarter results early in August and the market will be interested in just one thing – has City Link been sorted out? Rentokil’s other two main divisions – the pest control business and its textile hire and cleaning services division – are both robustly profitable. The rat-catching operation recently announced it was being welcomed back into Libya, where a

  • London midday: Rising Spanish bond yields dampen stocks

    Friday 20 Jul 2012

    - Footsie pulls back after hitting two-month high - UK borrowing, Spanish bond yields weigh on sentiment - Resolution tanks after cancelling capital return

  • Monday newspaper round-up: US drought, Austerity, Lending

    Friday 20 Jul 2012

    Mr Samaras's comments come two days before a team of Greece's debt inspectors arrive in Athens to push for further austerity measures if the debt-laden country wants to qualify for further rescue payments and avoid a chaotic default. Athens wants to soften the terms of a 130bn euros bailout agreed last March with the European Union and the International Monetary Fund, to soften their impact on an

  • Commodities: Oil reaches highest level since May

    Friday 20 Jul 2012

    Crude oil futures settled at their highest level since mid-May on Thursday evening, rounding off seven consecutive days of gains, pushed higher by events in the Middle East.

  • Close Bros weighed down by Winterflood business

    Friday 20 Jul 2012

    Banking, securities and asset management firm Close Brothers Group has admitted that difficult trading conditions in the Winterflood division continued to affect its overall performance during the five months ended June 30th, but said the Banking division delivered another strong performance in the period.

  • Anglo American sees solid output growth in Q2

    Friday 20 Jul 2012

    Anglo American, one of the largest mining companies in the world, saw volume growth across most of its portfolio in the second quarter, with the exception of platinum and diamond production.

  • FX round-up: Spain fears pressure euro

    Friday 20 Jul 2012

    The euro fell to a two-year low against the dollar on Friday as fears about the Eurozone returned to the fore following reports that the Valencia region in Spain would ask for government help to pay down its debt.

  • FX round-up: Euro rises against dollar

    Thursday 19 Jul 2012

    The dollar declined on Thursday as the euro rose to its highest level in nearly a fortnight as US economic data pushed stocks higher, lessening interest in the greenback.

  • Friday newspaper round-up: Food crisis, LSE, Microsoft

    Thursday 19 Jul 2012

    The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs. Corn and soyabean prices surged to record highs on Thursday, surpassing the peaks of the 2007-08 crisis that sparked food riots in more than 30 countries. Wheat prices are not yet at record levels but have rallied more than 50 per cent in five weeks, exceeding

  • Friday tips round-up: National Grid, Hilton Foods

    Thursday 19 Jul 2012

    National Grid's regulated business in the UK generates about 60 per cent of group profits. That's why Ofgem's rules on the rate of return it is allowed and level of investment are crucial. On Monday, Ofgem released its draft determination for the new, extended regulatory period from 2013 to 2021. The proposals are much tougher than those sought by National Grid – and this has prompted speculation

  • Commodities: Oil reaches highest level since May

    Thursday 19 Jul 2012

    Crude oil futures settled at their highest level since mid-May on Thursday evening, rounding off seven consecutive days of gains, pushed higher by events in the Middle East.

  • Halfords climbs after abrupt exit of CEO -UPDATE

    Thursday 19 Jul 2012

    Investors of Halfords shrugged off some disappointing profit guidance on Thursday, as the market seemed to celebrate the abrupt departure of its Chief Executive Officer (CEO) David Wild.

  • FTSE 100 movers: A tale of two companies, Vodafone and Hermes

    Thursday 19 Jul 2012

    Natural gas group BG was under the weather after Credit Suisse downgraded the stock to 'neutral' and cut its target price from 1,660p to 1,500p.

  • London midday: Markets celebrate global corporate earnings

    Thursday 19 Jul 2012

    - Corporate earnings lift sentiment - UK June retail sales meet forecasts as prices drop - Kingfisher falls after rain dampens sales

  • FTSE 250 movers: Afren leaps on resource update

    Thursday 19 Jul 2012

    Digging deeper at the Simrit-2 exploration well in the Kurdistan region of Iraq has paid off for oil exploration firm Afren as the well's total net oil pay has increased to 460 metres.

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