Feb 19 (Reuters) – FTSE on Wednesday said it suspended the deadline for London-listed Essar Energy (LSE: ESSR.L – news) to meet a minimum free float rule pending the result of a potential offer by Essar Global Fund Ltd to buy out the remaining stake in the company. The oil and gas conglomerate’s independent committee Read More
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By This Is Money Reporters PUBLISHED: 03:38 EST, 19 February 2014 | UPDATED: 12:34 EST, 19 February 2014 17.30 (CLOSE): Retailer Sports Direct International rallied higher today after a buoyant trading update saw it buck lacklustre trading on the wider FTSE 100 Index. The sportswear chain, which is controlled by Newcastle United owner Mike Ashley, Read More
By Atul Prakash LONDON (Reuters) – Britain’s top share index hit a four-week high on Wednesday, with Sports Direct gaining on robust profits and BAE Systems rising after agreeing pricing for a long-standing Eurofighter deal. Britain’s biggest sporting goods retailer (SPD.L) rose 5.7 percent to the top of the FTSE 100 gainer’s list after posting Read More
London (AFP) – London shares fell at the start of trading on Wednesday, with the benchmark FTSE 100 index losing 0.20 percent to 6,782.84 points. Earlier in Tokyo stocks reversed the previous session’s surge, as investors awaited US housing data and minutes from the Federal Reserve’s last meeting. The Nikkei dropped 0.52 percent, or 76.71 Read More
By This Is Money Reporters PUBLISHED: 03:28 EST, 18 February 2014 | UPDATED: 12:39 EST, 18 February 2014 17.30 (CLOSE): British Gas parent Centrica endured more share losses today after a leading City broker slapped a ‘sell’ rating on the firm just two days before its annual results. The blue chip stock, which has lost Read More
* FTSE 100 up 0.9 pct, outperforming regional peers * Index ahead for the year after three-day rise * BHP Billiton (NYSE: BBL – news) gains as results beat expectations By Francesco Canepa LONDON, Feb 18 (Reuters) – Britain’s top equity index erased its losses for the year as it rose for a third straight Read More
LONDON (ShareCast) – – FTSE reverses early declines to finish up 60 points – Banks lifted by UK inflation data – Anglo American (LSE: AAL.L – news) lifted by UBS (Xetra: UB0BL6 – news) note techMARK 2,881.97 +0.86% FTSE 100 6,796.43 +0.90% FTSE 250 16,342.07 +0.60% Stocks reversed this morning’s slight decline to end the Read More
By Francesco Canepa LONDON (Reuters) – FTSE erased its losses for the year as it rose for a third straight session on Tuesday, boosted by BHP Billiton and telecoms operator BT. Shares in Billiton, a global mining company, rose 1.9 percent after its first-half profit beat forecasts and the firm hinted at a share buyback Read More
The FTSE 100 (FTSEINDICES: ^FTSE) extended its rally briefly into the beginning of this week before stuttering today as the index fell 0.2%. to 6746 points. The biggest faller among leading shares was Centrica (LSE: CNA.L – news) , which fell 2.5% amid ongoing government scrutiny over energy prices. Among the biggest risers was BHP Read More
* FTSE 100 up 0.1 pct * Intercontinental Hotels (Other OTC: ICHGF – news) disappoints on further cash returns * BHP supports index after results beat expectations By Francesco Canepa LONDON, Feb 18 (Reuters) – A drop in Intercontinental Hotels held down gains by Britain’s top equity index on Tuesday after the hotel operator failed Read More