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  • Stagecoach bullish on year ahead

    Monday 29 Oct 2012

    Bus and rail group Stagecoach said overall current trading remains good and its prospects remain positive with like-for-like revenue growth up in nearly all of its divisions.

  • Investment in US stocks or bonds depends on Romney or Obama

    Monday 29 Oct 2012

    Barclays Research recently published a survey of clients from North America and Europe -with over 10 trillion dollars in assets under management- in order to get their opinion on the effect which the outcome of the US presidential elections may have on their investment decisions, or "asset allocation."

  • Commodities: Nymex closed as Sandy hits US

    Monday 29 Oct 2012

    Normal floor trading was closed in the US on Monday as Hurricane Sandy hits the East Coast of America.

  • London midday: Sandy claims its first victims, insurers

    Monday 29 Oct 2012

    Insurers cloberred by potential costs of Sandy; Hargreaves Lansdown downgraded by Citi to sell; Consumer credit rose by more than expected in September

  • Amplats reaches agreement with unions after six-week strike

    Monday 29 Oct 2012

    Anglo American's Platinum unit, known as Amplats, has come to an agreement with trade unions in South Africa and hopes to see its 12,000 dismissed employees return to work by tomorrow, Tuesday October 30th.

  • UK firms to continue hiring, CBI study shows

    Friday 26 Oct 2012

    A survey of 300 firms, employing over 1.4m people between them, showed that 35 per cent of the same expect staffing levels to rise over the next 12 months, while 15 per cent see them falling, the Confederation of British Industry (CBI) said.

  • Anglo gains after 'surprise' departure of CEO Cynthia Carroll - UPDATE

    Friday 26 Oct 2012

    Shares in Anglo American rose strongly on Friday after the firm announced that its Chief Executive Officer (CEO) Cynthia Carroll called it quits after five years on the job.

  • FX round-up: Euro up against dollar and yen

    Friday 26 Oct 2012

    The euro gained against the safe haven dollar and yen on Tuesday as investors cheered data that showed Spain's economy contracted less than expected in the third quarter.

  • Broker snap: Penguin merger not a game changer for Pearson, says Investec

    Friday 26 Oct 2012

    Investec has maintained its 'hold' rating and 1,240p target price for publishing group Pearson, saying that the possible merger between Penguin and Random House is 'not a game changer'.

  • Serco to partner with AEGON in UK zombie funds maintenance

    Friday 26 Oct 2012

    Serco Group, the international service company, has signed a contract for an outsourcing partnership that will provide customer contact and support services for AEGON, the Dutch life and pensions company.

  • Spain remains a job destruction site

    Friday 26 Oct 2012

    The latest unemployment data has been released in Spain using the Economically Active Population Survey released by the country’s national statistics office.

  • London midday: Banks decline on LIBOR probe

    Friday 26 Oct 2012

    Markets nervous ahead of US GDP; more banks linked to LIBOR manipulation; German confidence beats forecasts.

  • Spain remains a job destruction site

    Friday 26 Oct 2012

    The latest unemployment data has been released in Spain using the Economically Active Population Survey released by the country’s national statistics office.

  • African Barrick scales back production targets

    Friday 26 Oct 2012

    African Barrick Gold (ABG) has been forced to scale back its production guidance for the full year after a "challenging" third quarter which saw output and sales shrink dramatically year-on-year.

  • Broker snap: Penguin merger not a game changer for Pearson, says Investec

    Friday 26 Oct 2012

    Investec has maintained its 'hold' rating and 1,240p target price for publishing group Pearson, saying that the possible merger between Penguin and Random House is 'not a game changer'.

  • S&P sees increased risks for French banks, takes rating actions

    Friday 26 Oct 2012

    Standard & Poor’s (S&P) has made a series of ratings cuts and lowered the outlook on several French banks because it sees higher risk exposure to the Eurozone economy as well as downward pressure on the banking sector.

  • Commodities: Crude recovers as Sandy nears US coast

    Friday 26 Oct 2012

    Crude oil futures registered a modest gain on Friday amid jitters about Hurricane Sandy and after better-than-expected US growth data.

  • London open: Stocks decline ahead of US GDP

    Friday 26 Oct 2012

    Stocks nervous after US corporate earnings; markets cautious ahead of US GDP; Anglo advances on CEO exit.

  • Friday newspaper round-up: ECB, Apple, Libor

    Friday 26 Oct 2012

    Data from the European Central Bank (ECB) show that the tentative rebound in the money supply over the summer may have stalled again in September. The broad M3 gauge -- watched by experts as an early warning signal for the economy a year or so ahead -- shrank by 30bn euros and is now down by 143bn euros since April. This is highly unusual. The narrow M1 gauge watched for signals of activity six

  • FX round-up: Dollar rises against euro, pound leaps on GDP

    Friday 26 Oct 2012

    The dollar rose against the euro on Thursday on the back of widespread speculation that Fitch Ratings could be about to downgrade its rating on the US economy, with the agency itself refusing to comment.

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