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  • London close: Stocks hit by fears over growth, US earnings

    Wednesday 17 Apr 2013

    Fears over economic growth and a raft of disappointing earnings in the States weighed heavily on global markets on Wednesday, while a number of heavyweight stocks going ex-dividend dampened the FTSE 100 in London.

  • Broker tips: Tesco, Burberry, Hikma

    Wednesday 17 Apr 2013

    Panmure Gordon has maintained its 'buy' rating and 440p target price for supermarket group Tesco, highlighting a 'welcome shift in strategy' following the firm's full-year results.

  • Tullow Oil declines after Northern Petroleum issues JV well update

    Wednesday 17 Apr 2013

    Tullow Oil saw its shares drop significantly after its joints venture partner Northern Petroleum gave an update on one of its wells at its joint venture project in French Guiana.

  • London midday: FTSE 100 on track for fourth straight loss

    Wednesday 17 Apr 2013

    A number of heavyweight stocks going ex-dividend assured that London's FTSE 100 index was in the red for a fourth consecutive day on Wednesday, while concerns over the global economy continued to weigh on sentiment.

  • Broker snap: Tesco's UK recovery on track, says Panmure

    Wednesday 17 Apr 2013

    Panmure Gordon has maintained its 'buy' rating and 440p target price for supermarket group Tesco, highlighting a 'welcome shift in strategy' following the firm's full-year results.

  • London open: Ex-div stocks sink markets early on

    Wednesday 17 Apr 2013

    The FTSE 100 was in the red for the fourth straight day on Wednesday as a number of ex-dividend stocks provided a drag on London's benchmark index.

  • Blacks acquisition dents profits at JD Sports

    Wednesday 17 Apr 2013

    JD Sports Fashion, the High Street sports clothing and footwear chain, saw revenues surge by almost a fifth last year but the bottom line was hit by wider losses from Blacks Leisure which was acquired last year.

  • Next exec to chair easyJet as Mike Rake steps down

    Wednesday 17 Apr 2013

    Budget airline easyJet has confirmed rumours that Chairman Sir Mike Rake is to stand down from the board in a couple of weeks' time and will be replaced by the Chairman of High Street chain Next, John Barton.

  • Wednesday newspaper round-up: BHP Billiton, RBS, Next...

    Wednesday 17 Apr 2013

    Mining titan BHP Billiton has reiterated its full-year output targets despite a 'lacklustre' performance across several key businesses in the first quarter, writes the Financial Times.

  • London close: FTSE 100 falls for third day straight despite mining strength

    Tuesday 16 Apr 2013

    The resource-heavy FTSE 100 finished Tuesday's session in the red despite some big gains in the mining sector, as concerns about global growth and a disappointing reading of German sentiment provided a drag on sentiment.

  • Commodities: Crude little changed as Brent dips below 100 dollars

    Tuesday 16 Apr 2013

    Crude oil futures settled one cent higher on Tuesday after Monday's rout while Brent crude closed below 100 dollars for the first time since last July.

  • Burberry hails Retail performance in second half

    Tuesday 16 Apr 2013

    Iconic British luxury brand Burberry has reported a decent rise in underlying revenue in the second half as strong growth in Retail continued to offset a weaker performance in Wholesale.

  • Record quarter for Hargreaves Lansdown

    Tuesday 16 Apr 2013

    Financial service company Hargreaves Lansdown said assets under administration (AuA) reached record levels in the last three months as investor confidence continues to improve.

  • Glencore, Xstrata rise on reports of merger approval from China

    Tuesday 16 Apr 2013

    Glencore International and Xstrata saw their shares surge on Tuesday as the companies were said to be close to clearing the final regulatory hurdle in their multi-billion-dollar merger.

  • London open: FTSE 100 on track for third consecutive fall

    Tuesday 16 Apr 2013

    Mining stocks were making moderate gains on Tuesday morning, attempting to recover after the heavy sell-off the day before, but the FTSE 100 still opened in the red, on track for its third straight day of losses.

  • FTSE 100 movers: ARM falls on reaffirmed 'sell' rating

    Tuesday 16 Apr 2013

    Chip designer ARM Holdings was the biggest faller after Societe Generale reiterated its bearish 'sell' rating on the stock.

  • Rio Tinto achieves record iron ore output in first quarter

    Tuesday 16 Apr 2013

    Rio Tinto has reported record first quarter iron ore production, driven by an improvement in capacity of the Pilbara mine in Western Australia.

  • London close: Stocks, commodities drop after Chinese slowdown

    Monday 15 Apr 2013

    Worries surrounding the global economy hammered equities worldwide on Monday after disappointing growth figures from China sparked a sell-off across commodity markets and the mining sector.

  • Tuesday tips round-up: Clarkson, Ladbrokes, Fresnillo

    Monday 15 Apr 2013

    A recovery in the world shipping market is at hand? Actually, no, it is in the doldrums, or that at least is the general perception. In fact, the ClarkSea index – which typically tracks the broking profits of ship broker Clarkson – is at a two decade low. Nevertheless, the company has been taking costs out of the business and taking market share. As well, last year marked the first time, in a

  • FTSE 100 movers: Fresnillo leads miners lower

    Monday 15 Apr 2013

    Metals producers were under the weather throughout the day on Monday after the disappointing economic data. Fresnillo and Polymetal were the worst hit, both down over 10 per cent by late afternoon, while Randgold and Evraz weren't far behind.

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