Editor's Picks
London midday: Stocks slip on mixed earnings, Ukraine tensions
Wednesday 07 May 2014
Markets give mixed reaction to corporate earnings; Ukraine tensions continue to rise; Investors nervous ahead of Yellen speech.
Halifax data shows UK house prices fell again in April
Wednesday 07 May 2014
Mortgage lender Halifax said house prices were 0.2 per cent lower in April compared to March, surprising economists, after a dropping in March.
WM Morrison sales slump as grocer waits for price cuts to bite
Tuesday 06 May 2014
UK supermarket chain WM Morrison has held on to its full-year targets but blamed heightened competition across the industry for a slump in sales in its first quarter.
Legal & General posts punchy results with AUM at record high
Tuesday 06 May 2014
AUM up 5 per cent; Net cash up 21 per cent to record high; Operating cash up 6 per cent to record high
London midday: UK stocks pull back from two-month high
Tuesday 06 May 2014
Barclays, Aberdeen, AstraZeneca, Balfour Beatty fall; Ukraine tensions continue to rise; FTSE 100 pulls back from two-month high; UK services PMI beats forecasts.
Tesco eyes smartphone launch in autumn as Clarke digs in
Tuesday 06 May 2014
Tesco has announced plans to launch its own smartphone by the end of the year, as well as an updated version of its popular Hudl tablet computer.
Balfour Beatty Chief Executive quits after profit warning
Tuesday 06 May 2014
Civil engineering group Balfour Beatty blamed 'significant operational issues' for a profit warning, sparking the resignation of its chief executive.
Rolls-Royce sells turbine business to Siemens for 0.8bn pounds
Friday 02 May 2014
Engine maker Rolls-Royce has announced that it is selling its energy gas turbine and compressor business to German engineering group Siemens.
Commodities: Oil recovers to 100 dollars after surprise supply drop
Friday 02 May 2014
Crude oil futures marched above 100 dollars a barrel on Wednesday after weekly government data revealed a surprise drop in crude oil supplies.
London midday: RBS and IHG rise, but markets cautious ahead of US data
Friday 02 May 2014
Markets rangebound ahead of jobs report; FTSE 100 at highest in two months; Ukraine tensions limit gains; RBS doubles pre-tax profits in first quarter; IHG unveil special divi after strong start.
FX round-up: Ukraine tensions, China data sour sentiment
Friday 02 May 2014
The safe haven qualities of the Japanese yen were in demand on Monday as focus remained firmly on escalating tensions in Ukraine while Chinese manufacturing data contracted for the fourth consecutive month.
Commodities: Oil almost flat ahead of stockpile data
Friday 02 May 2014
Crude oil futures settled hardly changed on Tuesday as investors positioned themselves ahead of the latest inventory report.
London pre-open: Flat start ahead jobs data, Pfizer raises Astra offer
Friday 02 May 2014
City sources predict the FTSE 100 will open unchanged from yesterday's close of 6,808.87, as investors digest a mixed finish in the US last night, another round of corporate releases out today, and look ahead to the all-important monthly non-farm employment report.
Betting terminal recommendations not as bad as feared
Thursday 01 May 2014
The government has unveiled its report into the high street gambling industry and fixed-odds betting terminals (FOBTs) - and the results are not as bad as feared for bookmakers.
Tuesday tips round-up: AstraZeneca, Pfizer
Thursday 01 May 2014
The latest quarterly results out from Pfizer overnight revealed why it is so keen to acquire AstraZeneca. In recent times it has proved to be more nimble at purchasing rivals than at developing new drugs. The UK-listed outfit, on the other hand, is at the beginning of a Renaissance. Hence, in fact, a 63bn pound price tag may turn out to be cheap.
RBS doubles pre-tax profit as costs and impairments fall
Thursday 01 May 2014
Part-nationalised banking group Royal Bank of Scotland (RBS) saw profits double in the first quarter, helped by a reduction in costs and lower impairment charges.
Schroders reports record AuM in first quarter
Wednesday 30 Apr 2014
Fund manager Schroders reported record assets under management (AuM) in the first quarter, helped by nearly four billion pounds of net new business wins during the period.
Numis downgrades Weir after recent re-rating
Wednesday 30 Apr 2014
Numis Securities has downgraded its rating for Weir Group from ‘add’ to ‘hold’ despite the company’s in-line first-quarter trading update on Thursday, saying that it sees little upside after the stock’s recent strong run.
US close: Nasdaq ekes out small gain ahead of jobs data
Wednesday 30 Apr 2014
US stocks ended the day mixed, with small drops in the Dow Jones Industrials and S&P 500, although on the broader NYSE the advance/decline ratio was actually positive.
Friday newspaper round-up: House prices, BP, Marks&Spencer
Wednesday 30 Apr 2014
Surging house prices pose the single biggest threat to UK financial stability, the deputy Governor of the Bank of England has warned. Jon Cunliffe said that policy-makers must decide quickly whether to take action to cool the market and, in the starkest warning yet that rapid price rises could derail Britain’s recovery, argued that it would be “dangerous to ignore the momentum that has built up
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN