News

* FTSE 100 up 1.2 pct * Hammerson (Other OTC: HMSNF – news) tops FTSE after forecast-beating report * Results point to continuing UK recovery * Miners receive China boost to extend strong start to 2014 By Joshua Franklin and Alistair Smout LONDON, Feb 17 (Reuters) – Britain’s top shares extended a two-week rally on Read More

* FTSE 100 up 0.4 pct * Troubled RSA lifted by turnaround optimism * Charts bullish for FTSE; Guardian targets 6,775 By Tricia Wright LONDON, Feb 17 (Reuters) – Britain’s top shares advanced on Monday, with RSA among the biggest risers as investors welcomed signs that turnaround plans are afoot at the troubled insurer. RSA Read More

By This Is Money Reporters PUBLISHED: 03:34 EST, 14 February 2014 | UPDATED: 12:37 EST, 14 February 2014 17.30 (CLOSE): Better-than-expected European growth figures helped markets edge higher today as investors cheered signs the region’s recovery is finally gathering pace. The 17-nation eurozone bloc, which came out of recession at the beginning of last year, Read More

By Alistair Smout LONDON (Reuters) – Basic materials shares helped the top equity index to a second straight weekly gain on Friday, offsetting a fall in bottling firm Coca Cola Hellenic following its results. The index was up 1.4 percent for the week, rallying from six-week lows at the beginning of February. It climbed above Read More

London (AFP) – London’s benchmark FTSE 100 index was unchanged at the start of trade on Friday at 6,659.19 points, following modest gains in global markets. In other markets, US stocks Thursday ended higher, shrugging off some disappointing retail sales and jobless claims data. The Dow Jones Industrial Average rose 63.65 points (0.40 percent) to Read More

* FTSE 100 down 0.2 pct * Outlooks from Rolls Royce (LSE: RR.L – news) , Tate & Lyle (LSE: TATE.L – news) , Lloyds disappoint * UK benchmark’s close above 50-day MA encouraging-analysts By Tricia Wright LONDON, Feb 13 (Reuters) – Britain’s top share index fell on Thursday after six straight days of gains, Read More

* FTSE 100 down 0.6 pct * Outlooks from Rolls Royce (LSE: RR.L – news) , Tate & Lyle (LSE: TATE.L – news) and Lloyds disappoint * UK benchmark looks vulnerable, currently testing 50-day MA By Tricia Wright LONDON, Feb 13 (Reuters) – Britain’s top share index fell on Thursday after six straight days of Read More

LONDON (ShareCast) – Rolls-Royce‘s shares tumbled after the group said it expects flat 2014 revenue and profit due to cuts in government defence spending. The world’s second-largest maker of aircraft engines revealed an estimated 15-20 per cent slump in defence revenue would hinder results this year as it reported its full-year 2013 earnings. Sector peers Read More

By Tricia Wright LONDON (Reuters) – FTSE fell on Thursday to end its longest winning streak of the year, led down by food ingredients firm Tate & Lyle and engineer Rolls Royce, which gave disappointing outlooks. Tate & Lyle was the top faller in percentage terms, down 14.9 percent after it scaled back its full-year Read More

LONDON (ShareCast) – 1630: Close The FTSE closed marginally higher today, helped by a strong performance from the mining sector on the back of positive broker comment. Tullow Oil (LSE: TLW.L – news) limited the gains, leading the downside after posting a profit decline for 2013. In today’s macro news, the BoE (Shenzhen: 000725.SZ – Read More