By Tricia Wright and Alistair Smout LONDON (Reuters) – Britain’s top shares fell on Monday, dented by a sharp drop in pharmaceutical firm AstraZeneca after it rejected rival Pfizer’s higher takeover bid. AstraZeneca dived 10.5 percent after turning down Pfizer’s 55 pounds/share take-it-or-leave-it offer. That steep decline was the biggest drag on the FTSE 100 Read More
May 2014
* FTSE 100 down 0.6 pct * AstraZeneca (NYSE: AZN – news) dives after rejecting Pfizer (NYSE: PFE – news) offer * EasyJet (Other OTC: ESYJY – news) buoyed by Ryanair results By Tricia Wright and Alistair Smout LONDON, May 19 (Reuters) – Britain’s top shares fell on Monday, pressured by a sharp drop in Read More
By Alistair Smout LONDON (Reuters) – Britain’s top shares fell on Monday, lagging major European indexes on a sharp drop in pharmaceutical firm AstraZeneca after it rejected rival Pfizer’s higher takeover bid. AstraZeneca dived 13.4 percent after turning down Pfizer’s 55 pounds/share take-it-or-leave-it offer. That sharp drop accounted for the entirety of the fall in Read More
* FTSE 100 index finishes 0.2 percent higher * Supermarkets advance, bid rumours around Wm Morrison * Coca-Cola HBC falls as results disappoint * House builders under pressure, Barratt down By Atul Prakash LONDON, May 16 (Reuters) – Britain’s top equity index edged higher to finish near a 14-year high on Friday, with supermarkets advancing Read More
* FTSE 100 down 0.1 percent in late trading * Coca-Cola HBC fall as results disappoint * House builders under pressure, Barratt down * Retailers advance, Wm Morrison leads sector By Atul Prakash LONDON, May 16 (Reuters) – Britain’s top share index edged lower on Friday, with bottler Coca-Cola HBC slipping after disappointing results and Read More
By This Is Money Reporter Published: 03:33 EST, 16 May 2014 | Updated: 11:38 EST, 16 May 2014 17.30 (CLOSE): Supermarkets helped the FTSE 100 Index shake off morose sentiment on Wall Street and edge into positive territory today. Sainsbury’s, Morrisons and Tesco led the way in the top flight as it closed 14.9 points Read More
By Atul Prakash LONDON (Reuters) – Britain’s top share index edged lower on Friday, with bottler Coca-Cola HBC CCH.L slipping after disappointing results and UK homebuilders falling on concerns authorities may intervene to prevent a housing market bubble. Coca-Cola HBC, the world’s No. 2 bottler of Coca-Cola KO.N drinks, fell more than 5 percent to Read More
* FTSE 100 down 0.2 percent by midday trade * House builders under pressure, Barratt down * Retailers advance, Wm Morrison leads sector By Atul Prakash LONDON, May 16 (Reuters) – Britain’s top share index slipped further away from a 14-year high on Friday, with homebuilders falling on concerns that soaring house prices could prompt Read More
* FTSE 100 flat, hit 14-year high in previous session * Supermarkets gain as investors back defensive stocks * FTSE looking precarious at current levels-analysts By Tricia Wright LONDON, May 16 (Reuters) – Britain’s top shares traded flat on Friday, kept buoyant by supermarket stocks, as doubts intensified over whether the current lofty equity market Read More
Meanwhile, Dixons’ tie-up with Carphone Warehouse resulted in both groups’ shares falling by 5.23 to 45.67 and 26.50 to 301.3p. The £3.4bn merger of equals has underwhelmed some investors who were betting on greater synergies from the combination. Staying on the mid-caps, Vedanta Resources also disappointed after reporting an 8.5pc drop in full-year core earnings Read More