Editor's Picks
Google reportedly interested in ARM Holdings' technology
Friday 13 Dec 2013
Shares of ARM Holdings are at the top of the leaderboard after a Bloomberg report, which cited a person with knowledge of the matter, that Google is considering designing its own server processors using the British company's technology.
Broker snap: UBS sees upside at RSA after sell-off
Friday 13 Dec 2013
UBS has raised its recommendation for troubled insurance firm RSA from 'neutral' to 'buy', saying that the fundamentals of the business remain unchanged despite last week's profit warning and exit of its Chief Executive Officer (CEO).
London midday: Markets edge higher after three straight losses
Friday 13 Dec 2013
Taper speculation picks up after budget deal; RSA drops on profit warning, CEO exit; FTSE 100 rebounds from two-month low.
Petra Diamonds sells 'exceptional' stones, sees firmer market conditions
Friday 13 Dec 2013
Africa-focused diamond miner Petra Diamonds said it was upbeat about market conditions as it recorded 'solid prices' in its December tender of stones.
Market overview: FTSE edges lower at RSA Insurance drags
Friday 13 Dec 2013
0835: The FTSE 100 inched lower this morning as the market opened for what is expected to be a quiet session. The downside was being led by RSA Insurance which lowered its 2013 earnings forecast and announced the resignation of Group CEO Simon Lee with immediate effect. Astrazeneca was rising strongly after its diabetes drug won approval from an FDA advisory committee. Over in the States, the
Old Mutual to wave farewell to Finance Director in 2014
Friday 13 Dec 2013
Fund manager Old Mutual has announced the its Group Finance Director, Philip Broadley, is planning to leave the company in 2014.
RSA reduces 2013 earnings forecast, CEO steps down
Friday 13 Dec 2013
RSA Insurance has lowered its 2013 earnings forecast after identifying issues in its Irish business and experiencing adverse weather in Europe.
London pre-open: FTSE to nudge higher ahead of quiet session
Friday 13 Dec 2013
City sources predict the FTSE 100 will open three points higher than yesterday's close of 6,445.25, ticking marginally higher after a week of declines.
Friday newspaper round-up: US budget, JPMorgan, RBS...
Friday 13 Dec 2013
A US budget deal hailed as lifting the cloud of political dysfunction hanging over the world’s largest economy cleared the House of Representatives with overwhelming support on Thursday evening
London close: Stocks fall one per cent on earnings, taper fears
Thursday 12 Dec 2013
- Perform plummets after profit warning - Sports Direct and Wood Group fall sharply after results - Taper bets increase ahead of Fed meeting, US data in focus - FTSE 100 at lowest level since mid-October
London businesses unhappy with transport and housing
Thursday 12 Dec 2013
London business leaders are concerned about ageing transport infrastructure and high property costs but most are behind the UK remaining in the EU, according to new research.
Friday preview: Bellway unveils interim results
Thursday 12 Dec 2013
UK residential property developer Bellway is expected to unveil an increase in sales on Friday when it reports its interim results.
UK economic growth to exceed pre-recession peak, BCC says
Thursday 12 Dec 2013
The British Chambers of Commerce (BCC) has upgraded its forecast for UK economic growth next year, saying it will bounce back from the "deepest recession in modern times".
Capita to take on G4S and Serco’s prisoner tagging contracts
Thursday 12 Dec 2013
Outsourcing group Capita is to take on the electronic prisoner tagging contracts from G4S and Serco on a temporary basis.
London open: FTSE 100 at two-month low on taper fears
Thursday 12 Dec 2013
FTSE 100 at levels not seen since mid-October; US, Asian markets fall overnight; Sports Direct, Wood Group fall sharply early on.
Go-Ahead sees full-year results ahead of expectations
Thursday 12 Dec 2013
Sees full-year ahead of forecasts; Robust half-year trading; Expects to reach bus operating profit of 100m pounds by 2015/2016
WPP to buy stake in Belgium social marketing agency
Thursday 12 Dec 2013
WPP, the multinational advertising and public relations company, has agreed to acquire a majority stake in Social Lab, a social marketing agency based in Belgium, through its wholly-owned marketing communications network, Ogilvy & Mather.
Wood Group reiterates guidance, but warns on 2014 - UPDATE
Thursday 12 Dec 2013
- Full year to be in line with expectations
Sports Direct's first-half profits rise on online sales
Thursday 12 Dec 2013
Profits and revenues rise, driven by online sales; Acquisition of EAD and SIG boost revenue; Company on track to meet full-year earnings target
AstraZeneca diabetes drug requires more testing
Thursday 12 Dec 2013
Panel recommends for narrow application; More evidence called before wider recommendation
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