Editor's Picks
Electrocomponents quarterly sales up a touch
Wednesday 17 Jul 2013
Electronics and maintenance products supplier Electrocomponents said first quarter underlying group sales inched higher and while market conditions remain subdued, it expects to make progress towards medium-term performance goals.
UK unemployment claims fall sharply in June
Wednesday 17 Jul 2013
The number of people seeking Job Seeker’s Allowance - unemployment claims - in the UK registered a large fall in June, decreasing by 21,000, the Office for National Statistics [ONS] reports.
London pre-open: Markets seen higher with central banks in focus
Wednesday 17 Jul 2013
Stocks are expected to make small gains on Wednesday morning with both the Bank of England (BoE) and Federal Reserve in focus.
London close: Stocks slip despite mining strength
Tuesday 16 Jul 2013
Strong gains in the mining sector weren't enough to lift the FTSE 100 on Tuesday as a number of 'risk events' later this week prompted investors to pause for breath following a decent performance over recent weeks.
Unemployment in OECD countries to remain high until 2014
Tuesday 16 Jul 2013
Unemployment in developed countries will remain high through until next year, with young people and the low-skilled hit hardest, according the OECD’s annual employment outlook.
Goldman Sachs reports jump in quarterly profit
Tuesday 16 Jul 2013
Goldman Sachs Group saw its profit double in the second quarter, driven by the company’s investing and lending unit.
BoE's Fisher says QE exit will be biggest challenge
Tuesday 16 Jul 2013
Removing quantitative easing (QE) will be a big challenge and could disrupt markets, a Bank of England (BoE) policymaker told MPs.
FTSE 100 movers: Miners track metal prices higher
Tuesday 16 Jul 2013
Mining stocks were the best performers on Tuesday afternoon, as metals prices rose on the back of a weaker dollar. Precious metal producers Fresnillo and Randgold were among the highest risers as gold and silver futures advanced.
London midday: Stocks flat as markets digest mixed data
Tuesday 16 Jul 2013
The UK stock market was flat on Tuesday morning, pausing for breath after hitting highs not seen in seven weeks, as investors reacted to a barrage of mixed economic data.
Broker tips: Retailers, Babcock, Rio Tinto
Tuesday 16 Jul 2013
Nomura has lifted its view on the UK retail sector from 'neutral' to 'bullish', even though the category has outperformed the wider market so far this year.
Broker snap: Nomura turns bullish on UK retailers
Tuesday 16 Jul 2013
Nomura has lifted its view on the UK retail sector from 'neutral' to 'bullish', even though the category has outperformed the wider market so far this year.
Rio Tinto delivers record iron ore output in first half
Tuesday 16 Jul 2013
Diversified mining group Rio Tinto was able to work through a equipment issues and unseasonal wet weather in Australia to deliver record iron ore production in the first half.
Premier Oil sells interest in Vietnam South arm
Tuesday 16 Jul 2013
Premier Oil has sold its entire stake in wholly-owned subsidiary Premier Oil Vietnam South (POVS).
Dairy Crest maintains full year outlook
Tuesday 16 Jul 2013
Dairy foods company Dairy Crest said overall trading in the first quarter has been in line with company expectations and targets for the full year remain unchanged.
ITE Group delivers organic growth in year to date
Tuesday 16 Jul 2013
British-based organiser of exhibitions and conferences, ITE Group, said it has delivered “good organic growth” in the year to date, driven by investments in new businesses and emerging markets.
Glencore receives numerous approaches for Peru mine
Tuesday 16 Jul 2013
Glencore Xstrata said it had received a number of approaches to buy its interest in Peru’s Las Bambas copper mine project as it started the sale process.
Tuesday newspaper round-up: GSK, European Banking Authority
Tuesday 16 Jul 2013
Chinese police have claimed GlaxoSmithKline behaved like a criminal “godfather” in China, offering bribes and accepting “sexual favours” in return for business, The Telegraph unveiled.
London close: FTSE 100 near seven-week high
Monday 15 Jul 2013
Decent gains in the financial sector boosted the FTSE 100 on Monday as markets welcomed in-line growth figures from China and record highs on Wall Street.
UK home sellers raise asking price in July, Rightmove reveals
Monday 15 Jul 2013
The price of UK property rose for the seventh consecutive monthly increase by 0.3 per cent in July, according to figures from Rightmove on Monday.
FTSE 250 movers: Retailers gain as data shows increase in footfall
Monday 15 Jul 2013
Retail stocks were on shopping lists on Monday afternoon after data from the British Retail Consortium (BRC) showed that footfall inched 0.1 per cent higher in June, compared with a year ago.
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