Editor's Picks

Filter by:

  • London close: Stocks continue to edge higher

    Wednesday 15 May 2013

    Market Movers techMARK 2,521.91 +0.57% FTSE 100 6,697.70 +0.17% FTSE 250 14,471.40 +0.65%

  • Thursday tips round-up: LSE, easyJet, HSBC

    Wednesday 15 May 2013

    Change is in the air at HSBC. The lender has been right to concentrate on cost-cutting, having exited 50 businesses and announced roughly 44,000 lay-offs since 2011 – even if its cost-to-income ratio has risen over the past three years. Indeed, banks have been at pains recently to show investors that they can still grow, but HSBC does have greater exposure to emerging markets, while “soggy” top

  • London midday: Stocks edge higher on improved outlook from BoE

    Wednesday 15 May 2013

    An improved outlook from the Bank of England (BoE) lifted UK markets into the blue by Wednesday lunchtime as investors shrugged off disappointing growth figures from the Eurozone and rising unemployment at home.

  • Broker tips: ITV, easyJet, Keller

    Wednesday 15 May 2013

    ITV's first-quarter results were slightly ahead of forecasts, according to Nomura, however the broker said that Wednesday's negative market reaction was due to its cautious outlook for the remainder of the year.

  • Antofagasta's first quarter revenue falls as copper prices drop

    Wednesday 15 May 2013

    Copper mining giant Antofagasta reported a 29.2 per cent fall in earnings in the first quarter reflecting lower commodity prices and higher operating costs.

  • Broker snap: Jefferies lifts forecasts for Keller

    Wednesday 15 May 2013

    Conditions remain mixed for Keller but Jefferies reckons that the engineering company remains well-positioned for a recovery in the US residential markets.

  • Vodafone expands broadband services in Germany

    Wednesday 15 May 2013

    Vodafone is to offer high-speed fixed-line broadband and internet TV services in Germany through a new collaboration with German telecoms giant Deutsche Telekom (DT).

  • LSE posts fall in profits as operating costs rise

    Wednesday 15 May 2013

    Exchange operator London Stock Exchange’s (LSE) annual pre-tax profit was five per cent lower than the previous year as operating costs increased.

  • German first-quarter growth misses expectations

    Wednesday 15 May 2013

    Germany registered weaker-than-expected growth in the first quarter of the year, narrowly skirting a recession as the Eurozone crisis continues to take its toll on the region's largest economy.

  • FX round-up: Dollar falls as US data disappoints

    Wednesday 15 May 2013

    A barrage of worse-than-expected economic data from the States saw the dollar decline against most of its major counterparts on Thursday.

  • Wednesday newspaper round-up: BP and Shell, RBS, M&S...

    Wednesday 15 May 2013

    BP, Shell and a number of other oil majors are under investigation by European regulators into whether they rigged the price of oil for over a decade, writes The Telegraph. Authorities raided offices of the companies yesterday after MPs and officials suggested that the oil price could be vulnerable to being manipulated in the same way as LIBOR was rigged by the banks.

  • London close: Market resilient despite multiple concerns

    Tuesday 14 May 2013

    Stock markets worldwide continued to take the cumulative concerns about a slowing Chinese economy, a possible exit by the Fed from its 'quantitative easing' policies and the risk of further Eurozone tensions in stride.

  • RBS faces shareholder discontent over staff bonuses

    Tuesday 14 May 2013

    Royal Bank of Scotland (RBS) is facing wrath from shareholders Tuesday over 607m pounds of employee bonuses awarded last year when it lost 5.2bn pounds.

  • Broker tips: Vodafone, Babcock, British Land

    Tuesday 14 May 2013

    Nomura has kept its 'neutral' rating and 195p target price for telecoms giant Vodafone after the announcement of a 2.1bn-pound dividend payment from its stake in Verizon Wireless (VZW).

  • London midday: FTSE 100 snaps eight-day winning streak as miners fall

    Tuesday 14 May 2013

    Strong gains in the utilities sector after a takeover approach for Severn Trent and some well-received results from Babcock International weren't enough to lift markets into positive territory by Tuesday lunchtime, as the FTSE 100 snapped an eight-day winning streak.

  • Broker snap: VZW dividend still a 'thorny issue' at Vodafone, says Nomura

    Tuesday 14 May 2013

    Nomura has kept its 'neutral' rating and 195p target price for telecoms giant Vodafone after the announcement of a 2.1bn-pound dividend payment from its stake in Verizon Wireless (VZW).

  • Vodafone pockets 2.1bn pounds from VZW dividend - UPDATE

    Tuesday 14 May 2013

    Telecoms giant Vodafone has announced that it is to receive over two billion pounds via a dividend from its stake in its US wireless joint venture with Verizon.

  • FTSE 100 movers: Severn Trent tops index after bid approach is confirmed

    Tuesday 14 May 2013

    Severn Trent topped the leaderboard after it confirmed press speculation that it has received a bid approach from a consortium of investors, which is rumoured to value the UK utility company around 5.3bn pounds. In a statement released this morning, Severn Trent said it had received an approach with a view to making a proposal from Canadian infrastructure investor Borealis, the Kuwait Investment

  • Afren completes farm-out of stake in OPL licence

    Tuesday 14 May 2013

    Oil and gas producer Afren has completed a farm-out agreement with Lekoil for a 17.14 per cent participating interest in the OPL 310 licence located offshore Nigeria.

  • London close: Markets extend winning streak despite Fed concerns

    Monday 13 May 2013

    The FTSE 100 finished with slight gains on Monday, extending the recent winning streak into its eighth day, as markets shrugged off concerns over stimulus measures in the US and disappointing economic data in China.

Top of Page