Editor's Picks
British Gas owner Centrica benefits from cold snap this winter
Wednesday 31 Jul 2013
The unusually cold weather this winter helped drive an increase in revenue at Centrica, the energy company which owns British Gas, which hailed a 'robust' financial performance in the six months to June 30th.
Broker snap: Canaccord downgrades Moneysupermarket after strong run
Wednesday 31 Jul 2013
Canaccord Genuity has downgraded its recommendation for price-comparison website Moneysupermarket.com from 'buy' to 'hold' despite an in-line set of interim figures, pointing out that the stock has risen 45 per cent so far this year.
London open: Markets flat as investors await FOMC, economic data
Wednesday 31 Jul 2013
Markets in the UK opened broadly flat on Wednesday morning as investors adopted a wait-and-see approach ahead of a policy announcement from the Federal Reserve.
GfK consumer confidence continued its dramatic improvement in July
Wednesday 31 Jul 2013
The GfK consumer confidence gauge for the month of July has improved to -16 from -21 in the month before.
Antofagasta maintains copper guidance despite fall in Q2 output
Wednesday 31 Jul 2013
South America-focused mining group Antofagasta saw copper output fall from the first to the second quarter due to lower production from its Esperanza project in Chile where the plant underwent scheduled maintenance.
US close: Markets flat ahead of FOMC, but Nasdaq gains
Wednesday 31 Jul 2013
Markets on edge ahead of FOMC meeting; Consumer confidence misses forecasts in July; Facebook jumps on mobile gaming news.
Tullow Oil's first half sales rise, profits plunge
Wednesday 31 Jul 2013
Tullow Oil reported a 15 per cent jump in first half revenue to 1.3bn dollars on the back of an increase in production.
London pre-open: Flat start expected ahead of Fed decision
Wednesday 31 Jul 2013
Markets are expected to open broadly flat on Wednesday as investors adopt a cautious approach ahead of the money policy decision at the Federal Reserve.
London close: Gains limited ahead of central bank decisions
Tuesday 30 Jul 2013
Caution ahead of a number of central-bank policy decisions kept gains on equity markets to a minimum on Tuesday, with the FTSE 100 finishing slightly higher as traders digested a barrage of corporate earnings.
Int'l Personal Finance surges on record profits, buyback
Tuesday 30 Jul 2013
International Personal Finance (IPF) saw shares surge on Tuesday after the Eastern Europe- and South America-focused home credit business reported record profits in the first half and pleased investors with a 60m-pound share buyback.
FTSE 250 movers: Int'l Personal Finance soars after record first half BC
Tuesday 30 Jul 2013
International Personal Finance saw shares surge on Tuesday after the Eastern Europe- and South America-focused home credit business reported a record first-half profit before tax of 42.3m pounds, up 35 per cent on last year. The company also pleased investors to return 60m pounds via a share buyback.
FTSE 100 movers: GKN, ITV, Weir Group
Tuesday 30 Jul 2013
GKN surged to the top of the FTSE 100 after the plane and car parts maker posted a better-than-expected rise in first-half profit, driven by the group’s aerospace business.
Wednesday newspaper round-up: Barclays, BNP-Paribas, JP Morgan
Tuesday 30 Jul 2013
The Bank of England has confessed to helping the Nazis sell gold plundered from Czechoslovakia months before the outbreak of the Second World War, The Telegraph revealed.
GKN's first half profits increase on aerospace growth
Tuesday 30 Jul 2013
Automotive and aerospace engineer GKN posted a five per cent rise in pre-tax profit to £278m for the first half on a 12 per cent increase in sales to £3.8bn.
Next lifts guidance after smaller End of Season Sale
Tuesday 30 Jul 2013
High Street clothing and homeware retailer Next met sales guidance in the first half but has raised its profit forecasts for the full year after a strong trading performance ahead of its End of Season Sale.
London pre-open: Stocks seen higher, Barclays in focus
Tuesday 30 Jul 2013
The FTSE 100 is expected to open higher on Tuesday as markets react to earnings reports from a number of heavyweight banks across Europe, including UBS, Deutsche Bank and Barclays.
ITV's half-year profits rise on cost cutting progress
Tuesday 30 Jul 2013
ITV reported a 16 per cent rise in adjusted pre-tax profits for the first half to 270m pounds as the UK TV network achieved higher margins and cut costs.
US close: Stocks slip as markets await FOMC
Tuesday 30 Jul 2013
Pending home sales fall; Investors eye FOMC meeting on Wednesday; Omnicom, Publicis announce mega merger.
Wednesday tips round-up: BP, Weir Group, GKN
Tuesday 30 Jul 2013
BP’s shares dipped on Tuesday after its second-quarter results missed forecasts. But the main problem is that it remains unclear what BP is getting from its new position in Russia after selling its 50 per cent stake in TNK-BP, according to the Financial Times’ Lex column. The company sold its holding in the Russian unit to Rosneft almost a year ago in exchange for a 19.75 per cent interest in
Tuesday newspaper round-up: Deloitte, JPMorgan, shale revolution
Tuesday 30 Jul 2013
Accountancy firm Deloitte is facing a record fine over significant misconduct after pocketing 30m pounds for advising “Phoenix Four” on their ill-fated attempt to resurrect MG Rover, The Times reported.
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN