Tuesday 16 Oct 2012
UK stocks are set to rise strongly when markets open on Tuesday with city sources predicting that the FTSE 100 will open up around 33 points from yesterday's close of 5,806.
Monday 15 Oct 2012
The Royal Bank of Scotland is considering suing Santander amid fears that its decision to ditch the deal buy 316 branches could cost the part-nationalised lender as much as £1bn. Lawyers and advisers at RBS are “looking at the legality” of Spanish bank’s reversal after its shares fell and as much as £800m was wiped off the value of the branch deal. The bank faces additional costs of re-running
Monday 15 Oct 2012
Investec has trimmed its target price for engineering group GKN after its Driveline division suffered from a worse-than-expected weakening in automotive demand and associated operational issues.
Monday 15 Oct 2012
Panmure Gordon recently downgraded its rating for internet and catalogue home shopping firm N Brown from 'buy' to 'hold', ahead of the firm's interims on Tuesday.
Monday 15 Oct 2012
DIY shop retailer Kingfisher was a high riser following an analyst visit to its Screwfix operations on Friday. Espirito Santo, Jefferies and Panmure Gordon reiterated their 'buy' ratings on the stock today, while speculation that the company is thinking of launching its Screwfix chain in France was lifting shares.
Monday 15 Oct 2012
Chinese export data beats forecasts; eyes on Greece and Spain; Hargreaves Lansdown extends gains.
Monday 15 Oct 2012
Part-nationalised lender Royal Bank of Scotland (RBS) has confirmed that Spanish banking giant Santander is going back on its agreement to purchase 316 RBS branches in the UK, as it does not believe the deal could be completed by the end of year deadline.
Monday 15 Oct 2012
Optos is a Scottish medical technology company that makes scanning devices allowing early detection of cataracts, glaucoma or retinal detachment. Tempus in The Times writes that operating profits for the year to September are set to beat market forecasts of 22.3m dollars. In addition, its management have good form. Chief Executive Roy Davis previously ran Gyrus, which was sold for 935m pounds and
Monday 15 Oct 2012
Investec has downgraded its rating for information management group SDL from 'buy' to 'hold' after Monday's trading update showed that the slowdown in technology revenue growth continued into the third quarter.
Monday 15 Oct 2012
Anglo, Anto, Asian Plantations, AVEVA, Bellzone, Bovis, BT, Cape, Dixons, Evraz, Faroe, IHG, ITV, Halfords, Hunting, Kazakhmys, Kenmare, Kentz, Kingfisher, McBride, Morgan Crucible, Optos, PayPoint, Persimmon, Redrow, Rentokil, Rio, RBS, SDL, Sports Direct, Stagecoach, Talvivaara, Tate, Trinity Mirror, WH Smith, Xcite
Monday 15 Oct 2012
Stocks gain as Chinese exports beat forecasts; EU summit in focus; Goldman downgrades several UK-listed miners.
Friday 12 Oct 2012
AVEVA, the engineering data and IT systems group, said it has made 'good progress' in the first half, seeing solid revenue growth despite the impact of adverse foreign exchange rate movements.
Friday 12 Oct 2012
Information management firm SDL fell after saying that first-half trends had continued into the third quarter: services sales are strong but technology revenues continue to be 'suppressed'.
Thursday 11 Oct 2012
The US dollar dropped on Thursday, as risk assets bounced back after the losses seen in the last few trading sessions.
Thursday 11 Oct 2012
Irish oil titan Tullow Oil is to take a stake in Block 9 (Tooq licence), Baffin Bay, north-western Greenland, which is operated by Maersk Oil.
Thursday 11 Oct 2012
City sources predict the FTSE 100 will open down 10 points from yesterday's close of 5,830, as worries over the Eurozone persist and reflecting the mixed results seen in the US on Thursday.
Wednesday 10 Oct 2012
London enjoyed a solid morning sparked by a return to favour of stock market darling Burberry, the luxury fashion chain.
Wednesday 10 Oct 2012
Imagination Technologies was leading fallers, with some market chatter attributing the losses to a negative note out on the company from analysts at Credit Suisse. They pointed out that, 'momentum looks negative: Of Imagination’s four key customers, Samsung this year moved to ARM graphics, Texas Instruments is exiting the wireless business, and Mediatek could, in our view, try ARM graphics in its
Wednesday 10 Oct 2012
Crude oil futures settled almost flat on Monday, after spending most of the day in the red, as traders fretted about weak oil demand.
Wednesday 10 Oct 2012
Balfour Beatty, the global infrastructure group, said it was on track to capture a 10 per cent share of its target US water and wastewater market by 2020 after winning an 80m pound contract.
You are here: news > editors picks