Editor's Picks
London pre-open: FTSE to jump 85 points on Fed decision
Wednesday 18 Sep 2013
City sources predict the FTSE 100 will open up 85 points from yesterday's close of 6,558.82 after the Federal Reserve surprised with its decision to maintain its bond-buying strategy on the back of softer growth.
Exillon Energy hires Goldman Sachs to begin formal sale process
Wednesday 18 Sep 2013
Having received several takeover approaches, Russian-focused oil explorer Exillon Energy has appointed Goldman Sachs to consult on a formal review of its options.
US pre-open: Fed stimulus takes centre stage
Wednesday 18 Sep 2013
US markets are set to sway in response to the outcome of the Federal Reserve’s final day of its policy meeting.
Tuesday tips round-up: Wincanton, AG Barr, Aberdeen Asset Management
Wednesday 18 Sep 2013
Logistics and haulage group Wincanton has been in intensive care for some time. However, as it renews contracts with its biggest clients, its shares are worth watching, as the rating is in value territory. The company is well diversified, with 12 per cent of the group involved in construction, 13 per cent in tankers, 15 per cent in fast-moving consumer goods, 25 per cent in groceries, 25 per cent
FX round-up: Dollar slides after Fed surprise
Wednesday 18 Sep 2013
The dollar weakened against major currencies on Wednesday as the Federal Reserve surprised investors with the decision not to taper its massive stimulus programme.
London midday: Markets rangebound ahead of Fed decision
Wednesday 18 Sep 2013
Markets were rangebound on Wednesday morning as investors showed nervousness ahead of the all-important Federal Reserve policy decision later this evening.
Friday newspaper round-up: Buffett, RyanAir, Germany
Wednesday 18 Sep 2013
Billionaire investor Warren Buffett has compared the Federal Reserve to a hedge fund, as he supported keeping Ben Bernanke in charge of the US central bank. The 82-year-old, who has led Berkshire Hathaway for more than four decades, hailed the Fed's ability to make money from bond purchases as a result of quantitative easing, which in five years has more than tripled its balance sheet to more
Barclays' shares trading above theoretical ex-rights price
Wednesday 18 Sep 2013
Barclays stock price plunged on Wednesday morning after beginning to trade without the right to buy shares in its 5.95bn pound rights issue. Nevertheless, while the shares are falling sharply from their official closing price on Wednesday they are above their theoretical ex-rights price.
Wednesday newspaper round-up: Lloyds, China house prices, RBS
Tuesday 17 Sep 2013
Retail investors are likely to be able to join in the next sale of the government’s stake in Lloyds, the Chancellor said yesterday. Flush from the success of the government’s inaugural sale of some of its shares for 3.2bn pounds, George Osborne said: “I will consider all options for later sales of our shareholding in Lloyds, including a retail offering to the public.” The sale of 4.28bn pounds of
London midday: Markets retreat from six-week high as banks fall
Tuesday 17 Sep 2013
The upcoming all-important policy decision by the Federal Reserve prompted an element of caution on stock markets across Europe on Tuesday, with the FTSE 100 pulling back from a six-week high.
FX round-up: Dollar faces headwinds ahead of FOMC
Tuesday 17 Sep 2013
The dollar mostly weakened against major currencies on Tuesday with investors reluctant to take fresh moves until the outcome of the Federal Reserve policy meeting.
Broker snap: JPMorgan ups Go-Ahead and Stagecoach to 'overweight'
Tuesday 17 Sep 2013
Travel stocks were performing well on Tuesday after upbeat comments on the UK bus and rail markets from JPMorgan Cazenove.
Salamander spuds exploration well offshore Thailand
Tuesday 17 Sep 2013
South-East Asia-focused oil and gas group Salamander Energy has started drilling an exploration well in Block G4/50 in the Gulf of Thailand, it announced on Wednesday.
Imagination Tech confident of full year outcome
Tuesday 17 Sep 2013
Chip designer Imagination Technologies said strong royalty growth in the last quarter, steady licensing and momentum elsewhere in the business gave it confidence for its full year performance.
Commodities: Investors embark on buying spree as Fed stands pat
Tuesday 17 Sep 2013
Crude oil rallied 2.5 per cent on Wednesday after the Federal Reserve surprised markets with its decision to keep up the pace of its monthly bond-buying programme.
Ferrexpo buys stake in Ferrous Resources
Tuesday 17 Sep 2013
Iron ore pellet producer Ferrexpo has bought a 14.4 per cent interest in Ferrous Resources.
Debenhams grows market share and sales
Tuesday 17 Sep 2013
Debenhams said it expects annual pre-tax profit in line with market forecasts on the back of growth in market share and like-for-like sales.
Tuesday newspaper round-up: Argentina, Yellen, European banks
Monday 16 Sep 2013
Shale oilfields in countries such as Argentina, Russia and Algeria hold larger reserves than the regions at the heart of the US energy boom, and have the potential to make a significant contribution to global crude supplies in the next decade, according to new research. Analysis by IHS published on Tuesday morning suggests fields including the Vaca Muerta of Argentina, the Bazhenov shale of
Government stimulus boosts reservations at housebuilder Crest Nicholson
Monday 16 Sep 2013
Crest Nicholson, the house builder which made its debut on the stock market back in February, continues to feel the effects of the government's stimulus measures as it gave a confident outlook for the future.
Europe midday: Stocks rise as Eurozone inflation eases
Monday 16 Sep 2013
Summers out of Fed Chair race; Syria tensions subside; Eurozone inflation cools
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