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  • FTSE 100 movers: BP is strongest riser after Transocean accepts fine

    Friday 04 Jan 2013

    BP, which rose early on following news the company which loaned it the Deepwater Horizon rig back in 2010 had agreed a 1.4bn dollar settlement for the part it played in the gulf of Mexico oil spill that followed the fatal explosion of the rig. Speaking of Transocean's settlement, BP said: 'In settling, Transocean has acknowledged that it played a significant role and has responsibility for the

  • UK authorities name and shame biggest tax criminals for 2012

    Friday 04 Jan 2013

    HM Revenue and Customs (HMRC) has published the photos and names of the UK's biggest tax cheats in 2012, according to reports Friday.

  • TA: Tesco: Are markets missing something?

    Friday 04 Jan 2013

    Tesco has outperformed in recent weeks but a divergence may have appeared between what analysts are forecasting and what market prices seems to show investors as increasingly discounting, namely a bounce-back in the company´s operating performance.

  • London midday: Markets cautious ahead of US jobs data

    Friday 04 Jan 2013

    Stocks were trading broadly flat on Friday morning with just 10 points separating the FTSE 100's intraday low and high, with markets showing caution ahead of the US employment report out in the next few hours.

  • Broker snap: Nomura cuts forecasts at M&S ahead of Q3 update

    Friday 04 Jan 2013

    Nomura has lowered its forecasts for High Street retailer Marks & Spencer (M&S) ahead of the group's third-quarter trading update, but has retained its 'buy' rating and 420p target price for the stock.

  • Google cleared of search results bias

    Friday 04 Jan 2013

    The Federal Trade Commission (FTC) dropped its investigation into claims Google manipulated search engine results, reports said Friday.

  • Mortgage approvals hit 10-month high

    Friday 04 Jan 2013

    The number of home buyers getting mortgages rose for the fifth month in a row in November, hitting a 10-month high, according to the Bank of England.

  • Transocean admits Deepwater Horizon guilt

    Friday 04 Jan 2013

    Transocean, the owner of the Deepwater Horizon oil rig, has agreed a 1.6bn dollar settlement with the US government.

  • Costain positive on year ahead

    Friday 04 Jan 2013

    Engineering group Costain said its full year results would come in in line with expectations when it reports in March.

  • Friday newspaper round-up: Transocean, Fed, Twitter...

    Friday 04 Jan 2013

    The owner of the Deepwater Horizon rig has finally owned up to playing a part in the Gulf of Mexico disaster after reaching a 1.4 billion-dollar settlement with the US Department of Justice. Transocean owned the rig hired by BP, which exploded in April 2010, killing 11 workers and causing the biggest oil spill in US history. The Switzerland-based company had, until now, refused to bear any

  • Anglo American sells Brazil mine interest

    Friday 04 Jan 2013

    Mining giant Anglo American has agreed to sell its 70 per cent interest in the Amapá iron ore mine in Brazil.

  • Anglo American sells Brazil mine interest

    Friday 04 Jan 2013

    Mining giant Anglo American has agreed to sell its 70 per cent interest in the Amapá iron ore mine in Brazil.

  • Balfour Beatty wins highway maintenance contract

    Friday 04 Jan 2013

    Balfour Beatty, the FTSE 250 global infrastructure group, announced that it has been awarded a five-year highway maintenance contract by Wiltshire Council.

  • Rolls-Royce wins 52m-dollar engine contract with US forces

    Friday 04 Jan 2013

    Power systems giant Rolls-Royce is to provide repair and support services for aircraft engines operated by the US Marine Corps and Air Force as part of a contract worth 52.2m dollars.

  • Friday newspaper round-up: Transocean, Fed, Twitter...

    Friday 04 Jan 2013

    The owner of the Deepwater Horizon rig has finally owned up to playing a part in the Gulf of Mexico disaster after reaching a 1.4 billion-dollar settlement with the US Department of Justice. Transocean owned the rig hired by BP, which exploded in April 2010, killing 11 workers and causing the biggest oil spill in US history. The Switzerland-based company had, until now, refused to bear any

  • Barnes & Noble's holiday sales decline

    Thursday 03 Jan 2013

    Barnes & Noble said Thursday sales declined over the Christmas period following a drop in demand for Nook devices.

  • London close: Markets start 2013 in bullish mood

    Thursday 03 Jan 2013

    - Footsie jumps 150 points in two days - Markets react to mixed economic data - UK 10-year bond yields above two per cent

  • FTSE 100 movers: Serco makes strong gains after upgrade

    Thursday 03 Jan 2013

    Serco Group became a higher riser after the outsourcing company was upgrade by Espirito Santo.

  • London midday: Markets cautious in fiscal deal aftermath

    Thursday 03 Jan 2013

    - Markets subdued after yesterday's 2.2 per cent jump - Concerns over US economy weigh on sentiment - Next cheers investors with festive update

  • Broker tips: Next, Experian, Chemring

    Thursday 03 Jan 2013

    Panmure Gordon has lifted its price target for retailing group Next from 3,770p to 3,848p following the company's Christmas trading update on Thursday morning which showed 'continued strength'.

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