By This Is Money Reporters Published: 02:36 EST, 9 May 2014 | Updated: 11:25 EST, 9 May 2014 17.10 (close): The FTSE 100 Index dropped back from an 11-week high today after sentiment was hit by a heavy slump for energy services firm Petrofac. Petrofac dived more than 15 per cent, or 211p to 1177p, Read More
May 2014
* Blue-chip FTSE 100 index falls 0.4 percent * Petrofac (Frankfurt: A0HF9Y – news) slides 15.9 pct after profit warning * IAG hit by post-results profit-taking * FTSE 100 about 2 pct away from record high By Tricia Wright LONDON, May 9 (Reuters) – Britain’s top share index slipped from a 10-week high on Friday, Read More
By Atul Prakash LONDON (Reuters) – The FTSE 100 slipped from a 10-week high on Friday, with energy services group Petrofac slumping after a profit warning and aero-engines maker Rolls-Royce hurt by broker downgrades. Tensions in Ukraine also prompted investors to take some money off the table after recent gains, analysts said. Petrofac fell 16.7 Read More
* FTSE 100 index rises 0.6 pct, highest close since Feb 24 * Draghi says ECB poised to shore up economy as soon as June * Barclays (LSE: BARC.L – news) gains on bold revival plan * Morrisons rallies; maintains year’s profit forecast By Tricia Wright LONDON, May 8 (Reuters) – Britain’s top shares closed Read More
By This Is Money Reporters Published: 02:58 EST, 8 May 2014 | Updated: 11:23 EST, 8 May 2014 17.15 (close): Plans unveiled by Barclays for the scaling back of its troublesome investment banking arm provided a shot in the arm for the group’s shares today. Barclays will cut a further 7,000 jobs in the division Read More
By This Is Money Reporters Published: 02:58 EST, 8 May 2014 | Updated: 11:23 EST, 8 May 2014 17.15 (close): Plans unveiled by Barclays for the scaling back of its troublesome investment banking arm provided a shot in the arm for the group’s shares today. Barclays will cut a further 7,000 jobs in the division Read More
By Atul Prakash LONDON (Reuters) – Britain’s top share index rose in morning trade on Thursday following encouraging company updates, with BT surging after strong results and Barclays bank after announcing a revival plan. Barclays climbed 4.4 percent, the top percentage gainer on the FTSE 100 index, after saying it will cut 19,000 jobs in Read More
* FTSE 100 closes flat at 6,796.44 points * HSBC takes most points off index after profits fall * Cautious outlook hits Experian (Other OTC: EXPGF – news) ‘s shares * Trend still to buy dips in FTSE – InterTrader’s Ruffley By Sudip Kar-Gupta LONDON, May 7 (Reuters) – Britain’s top equity index made little Read More
By Sudip Kar-Gupta LONDON (Reuters) – A fall in the shares of HSBC bank and credit data firm Experian pushed down Britain’s top equity index on Wednesday, adding to signs of weakness in corporate earnings as the market extended a losing run. The blue-chip FTSE 100 index was down 0.4 percent, or 26.23 points, at Read More
By Sudip Kar-Gupta LONDON (Reuters) – A fall in the shares of HSBC bank and credit-data firm Experian pulled down Britain’s top equity index on Wednesday, adding to the signs of weakness in corporate earnings that are stalling the market’s rally. The blue-chip FTSE 100 index was down by 0.4 percent, or 25.45 points, at Read More