News

* FTSE 100 down 0.3 pct, slips from 1-month high * HSBC falls 3.8 pct, UK banks down more than 2 pct * Vodafone extends gains, hits 13-year high By Atul Prakash LONDON, Feb 24 (Reuters) – Britain’s top share index fell on Monday as lower-than-expected profits from HSBC weighed on banks, and worries about Read More

By Alex Hawkes, Financial Mail On Sunday PUBLISHED: 17:32 EST, 22 February 2014 | UPDATED: 17:32 EST, 22 February 2014 The booming FTSE 100 index of leading companies could this week finally exceed its dotcom peak as investors await a 14billion boost from Vodafone’s sale of its stake in Verizon Wireless. The index, which reflects Read More

* FTSE 100 ends marginally positive thanks to late rally * Miners hit by slide in China’s factory activity * BAE Systems (LSE: BA.L – news) drops on forecast earnings decline * Vodafone receives upgrade support * FTSE enters area of resistance around May 2013 highs By Alistair Smout LONDON, Feb 20 (Reuters) – Britain’s Read More

By This Is Money Reporters PUBLISHED: 03:27 EST, 21 February 2014 | UPDATED: 12:14 EST, 21 February 2014 17.20 (CLOSE): Vodafone shares surged 3 per cent today as investors cheered the completion of a long-awaited deal to sell its stake in US operator Verizon Wireless. As well as realising 50billion for investors in the shape Read More

LONDON (ShareCast) – 1630: Close It was a strong finish for the FTSE today, despite retail sales showing a sharp drop for January, led by BAE Systems (LSE: BA.L – news) , ARM Holdings (LSE: ARM.L – news) and Vodafone. Macro (Shenzhen: 000533.SZ – news) wise, UK retail sales volumes slipped by 1.5 per cent Read More

LONDON (ShareCast) – 1630: Close The FTSE closed today’s session in positive territory despite the heavy weight of the mining sector following the poor data out from China, as well as that of BAE following its weaker outlook for the year ahead. Across the Channel, Eurozone composite PMI failed to impress after falling to 52.7 Read More

By Alistair Smout LONDON (Reuters) – The top shares edged higher on Thursday, tracking gains in U.S. stocks but pinned back by miners after China’s factory activity dropped, while BAE Systems slid after forecasting a decline in earnings this year. The FTSE 100 staged a late recovery, tracking Wall Street higher after strong U.S. manufacturing Read More

By This Is Money Reporters PUBLISHED: 03:39 EST, 20 February 2014 | UPDATED: 07:47 EST, 20 February 2014 12.45: Falls by miners weighed on the Footsie at lunchtime after figures from top metals consumer China showed a contraction in manufacturing, while BAE Systems was the top in London after the defence giant missed expectations on Read More

* FTSE 100 down 0.7 percent * BAE Systems (LSE: BA.L – news) drops on forecast earnings decline * Miners hit by slide in China’s factory activity * Vedanta Resources (Other OTC: VDNRF – news) top mid-cap faller after HSBC downgrade By Tricia Wright LONDON, Feb 20 (Reuters) – Britain’s top shares lost ground on Read More

LONDON (ShareCast) – 1630: Close The FTSE closed flat as traders digested UK unemployment data, minutes from the BoE (Shenzhen: 000725.SZ – news) ‘s most recent meeting, alongside data out from the US. UK unemployment rate rose to 7.2 per cent in the three months ended in December, while some 193,000 jobs were added in Read More