News

* 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

By This Is Money Reporters Published: 02:41 EST, 15 May 2014 | Updated: 07:36 EST, 15 May 2014 13.10: The Footsie was flat at lunchtime, treading water after hitting record levels, as excitement over a big merger in the retail sector was subdued by worries about the health of the economy in the euro zone, Read More

By Atul Prakash LONDON (Reuters) – The FTSE 100 steadied after setting a 14-year high on Thursday, with the London Stock Exchange gaining after reporting a near-50 percent rise in full-year revenue. The blue-chip FTSE 100 index was down 0.04 percent at 6,874.56 points by 0819 GMT after climbing up to 6,894.88 earlier in the Read More

By This Is Money Reporters Published: 02:36 EST, 14 May 2014 | Updated: 11:40 EST, 14 May 2014 17.30 (CLOSE): The FTSE 100 Index has inched closer to an all-time closing high despite a tepid performance that saw it climb only marginally. London’s top-flight rose 5.4 points to 6878.5, within sight of its all time Read More

Investors putting money into FTSE 100 tracker funds such as the iShares FTSE 100 (LSE: ISF) often believe they are getting a balanced, diversified range of investments — but are they? Looked at as a whole, the FTSE 100 (FTSEINDICES: ^FTSE) seems reasonably good value, with a P/E of 13.8 and a yield of 3.5%. Read More

By Atul Prakash LONDON (Reuters) – Britain’s top share index steadied near a 14-year high at the close on Wednesday and remained on track to set a record peak in coming months on growing optimism that the economy is on a fast recovery path. The benchmark FTSE 100 index ended 0.08 percent higher at 6,878.49 Read More

* FTSE 100 index dips 0.1 pct * Outlook remains positive, record high eyed * ITV (LSE: ITV.L – news) slips after disappointing update By Atul Prakash LONDON, May 14 (Reuters) – Britain’s top share index retreated a touch from a 14-year high on Wednesday, with broadcaster ITV leading the market lower after saying its Read More

By Atul Prakash LONDON (Reuters) – Britain’s top share index retreated a touch from a 14-year high on Wednesday, with broadcaster ITV leading losses after announcing a drop in market share in the first four months of the year. ITV fell 5.4 percent as analysts said its second-quarter guidance for net advertising revenue was just Read More