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  • Commodities: Crude oil boosted by supply decline

    Thursday 01 Nov 2012

    Front-month crude oil futures got an unexpected boost on Thursday after week supply data showed a decline, with positive economic data from China also playing a role.

  • Friday newspaper round-up: Baltic Dry index, BoE, China

    Thursday 01 Nov 2012

    A slew of economic data from China and the Pacific Rim show that orders are picking up and trade is rebounding after the industrial recession of the past few months. The Baltic Dry Index, measuring shipping rates for commodities – watched as a proxy for Chinese demand – has come back from the dead, rising 50 per cent since July. Container freight rates on Asian routes have started to recover. The

  • London midday: Stocks rise after flurry of corporate updates

    Thursday 01 Nov 2012

    Results impress from BT, BSkyB, Lloyds...; Markets await barrage of economic data Stateside; Chinese manufacturing beats expectations.

  • UK October manufacturing PMI lower than expected, Markit says

    Thursday 01 Nov 2012

    -UK Manufacturing PMI down for second month running

  • Shell shines and promises more to come

    Thursday 01 Nov 2012

    Anglo-Dutch integrated oil major Royal Dutch Shell's third quarter net income was comfortably ahead of expectations, and there is still more to come, pledged company boss Peter Voser.

  • Legal & General sales hit record-high in third quarter

    Thursday 01 Nov 2012

    Investments and insurance group Legal & General (L&G) generated record revenues in the third quarter, with UK and US protection sales each rising by around a third.

  • Thursday tips round-up: Standard Life, Lonmin, St Modwen

    Thursday 01 Nov 2012

    Tempus in The Times writes that Standard Life has had a fabulous run over the past five months with its shares soaring 40 per cent. Although yesterday’s third-quarter figures were a mixed bag, there were enough encouraging signs to keep analysts largely content.

  • Meggitt flying in third quarter

    Wednesday 31 Oct 2012

    Third quarter organic revenues at Meggitt, the company specialising in high performance components and sub-systems for the aerospace, defence and energy markets, were in line with an exceptionally strong performance from last year.

  • M&C enjoys Olympics pick-up

    Wednesday 31 Oct 2012

    Revenue per available room (RevPAR), a key metric in the hotel business, rose in the third quarter at Millennium & Copthorne (M&C), with London enjoying an Olympic boost.

  • Broker snap: Credit Suisse upgrades Lonmin on rights issue

    Wednesday 31 Oct 2012

    Credit Suisse has upgraded its rating for platinum miner Lonmin from 'underperform' to 'neutral' after the 800m-dollar fully underwritten rights issue.

  • BG cuts guidance, forced to sell assets analysts muse

    Wednesday 31 Oct 2012

    BG Group shocked the market on Tuesday morning by cutting back production guidance as a result of a number of delays to project start-ups.

  • Market overview: BG plummets after asset sales forced on them

    Wednesday 31 Oct 2012

    0947: This is what analysts at Seymour Pierce have to say on the subject of BG today: "The company currently has an asset divestment programme that remains ongoing to reduce their net debt exposure; this would suggest that the disposal of their Australian LNG interest was forced upon them rather than a strategic decision."

  • UK consumer confidence fell in October, GfK says -UPDATE

    Wednesday 31 Oct 2012

    Consultancy GfK´s gauge of consumer confidence for the month of October has fallen to -30 points, from -28, its lowest level since April.

  • Barclays meets forecasts but unveils two new US probes -UPDATE

    Wednesday 31 Oct 2012

    Barclays swung to a statuary loss before tax in the third quarter, but the adjusted bottom line - a better measure of its underlying performance - saw strong growth when excluding the 1.8bn pounds in own credit charges and compensation for mis-sold Payment Protection Insurance (PPI).

  • Tuesday tips round-up: BAE, F&C, Anglo American

    Tuesday 30 Oct 2012

    There was rare good news for BAE Systems yesterday. The British defence giant scooped a 315m pound contract from the Government to start work on the next generation of nuclear-powered submarines. The contract is also due to yield 500m pounds by year end, which could fund a share buy back. Longer term, defence spending could recover, which presumably was one of the attractions for EADS to do the

  • Wednesday newspaper round-up: ARM, Greece, Marks&Spencer

    Tuesday 30 Oct 2012

    ARM Holdings is to keep ahead of its rival, Intel, by launching processors that will power a new generation of “superphones”. The 64-bit processors will be adopted by some of the largest semiconductor makers next year before being built into smartphones and tablets that will hit the market in 2014 and 2015. Britain’s largest technology company, which is based in Cambridge, said that the

  • FTSE 250 movers: Double dose of good news for Lonmin

    Tuesday 30 Oct 2012

    Lonmin shareholders saw their shares jump over eight per cent after the platinum producer announced a chunky rights issue to improve its chances of passing banking covenant tests.

  • Commodities: Crude inches higher

    Tuesday 30 Oct 2012

    Crude oil futures rose on Tuesday, as normal floor trading remained closed for a second day as hurricane Sandy hit the East Coast of America.

  • Nothing could be refiner for BP

    Tuesday 30 Oct 2012

    Integrated oil giant BP is worming its way back into the affections of UK pension fund managers after raising its divi on the back of forecast beating third quarter results.

  • Greek Democratic Left set to light the fuse

    Monday 29 Oct 2012

    The Eurozone´s grouping of finance ministers -known as the Eurogroup- is scheduled to hold a conference call today, starting at 11:30 London time, in which they will be discussing the latest developments in Greece.

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