By This Is Money Reporters Published: 02:41 EST, 28 May 2014 | Updated: 07:11 EST, 28 May 2014 12.55: The Footsie pushed modestly higher at lunchtime as hopes for further gains by US stocks after yesterday’s upbeat performance countered disappointing German unemployment figures and a big fall by drugmaker GlaxoSmithKline . By mid session, the Read More
May 2014
* FTSE 100 dips 0.1 pct * Glaxo falls after fraud office opens criminal investigation * Weir gains after walking away from Metso (Dusseldorf: VLM.DU – news) * Index in sight of all-time highs By Alistair Smout EDINBURGH, May 28 (Reuters) – British blue-chip shares dipped on Wednesday after domestic authorities launched a criminal investigation Read More
* FTSE 100 closes up 0.4 pct at 6,844.94 points * ARM buoyed by Numis’ price target upgrade * IHG rises after media report of bid interest * AstraZeneca (NYSE: AZN – news) falls after Pfizer (NYSE: PFE – news) walks away By Sudip Kar-Gupta LONDON, May 27 (Reuters) – Britain’s main equity index climbed Read More
By Sudip Kar-Gupta LONDON (Reuters) – Britain’s main equity index climbed on Tuesday, lifted by gains in chip designer ARM (ARM.L) and InterContinental Hotels Group (IHG) (IHG.L), which pushed the market back to within reach of its record high. The blue-chip FTSE 100 index (.FTSE) closed up 29.19 points, or 0.4 percent, at 6,844.94 points. Read More
By This Is Money Reporters Published: 02:40 EST, 27 May 2014 | Updated: 11:42 EST, 27 May 2014 17.30 (CLOSE): Shares in AstraZeneca have taken a hit as investors digested the announcement that US rival Pfizer had thrown in the towel on its £69billion takeover attempt of the UK pharmaceuticals company. The formal statement from Read More
Reuters People pass electronic information boards at the London Stock Exchange in the City of London October 11, 2013. REUTERS/Stefan Wermuth By Sudip Kar-Gupta LONDON (Reuters) – Britain’s main equity index climbed on Tuesday, lifted by gains in chip designer ARM ARM.L and InterContinental Hotels Group (IHG) IHG.L, which pushed the market back to within Read More
* FTSE 100 up 0.5 pct * IHG rises after media report of bid interest * AstraZeneca (NYSE: AZN – news) falls after Pfizer (NYSE: PFE – news) walks away By Sudip Kar-Gupta LONDON, May 27 (Reuters) – Britain’s main equity index advanced on Tuesday, led by InterContinental Hotels Group (IHG) , which became the Read More
* FTSE 100 up 0.5 pct * IHG jumps after media reports of bid interest * AstraZeneca (NYSE: AZN – news) falls after Pfizer (NYSE: PFE – news) walks away By Sudip Kar-Gupta LONDON, May 27 (Reuters) – Britain’s top equity index advanced on Tuesday, led by InterContinental Hotels Group (IHG) , which became the Read More
By Tricia Wright LONDON (Reuters) – Britain’s top shares advanced on Tuesday, led by InterContinental Hotels Group (IHG), one of the latest stocks to be boosted by reports of deal interest. IHG jumped 5.7 percent – the top FTSE 100 riser by some margin – in trading volume at more than a third of its Read More
European shares are set for a mixed open on Tuesday as markets take a breather after Monday’s rally, although the U.K.’s FTSE 100 is set to open higher after a public holiday. According to IG, the FTSE is called up 24 points at 6,840, the German Dax is seen lower by 13 Read More