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
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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
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
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