LONDON (ShareCast) – 1630:Close The FTSE closed firmly lower, dragged by Coca-Cola HBC on readacross from Diageo (LSE: DGE.L – news) , which posted poor H1 results, while BT charged higher after its Q3 beat analyst forecasts. In macro news, UK consumer confidence rose more than expected in January to -7 from -31 in December, Read More
News
* FTSE 100 down 1.1 pct * Diageo (LSE: DGE.L – news) , SABMiller (LSE: SAB.L – news) hit by analyst downgrades * Beverage sector falls 8.5 pct this week on EM worries * BT top riser as it returns to revenue growth By Alistair Smout LONDON, Jan 31 (Reuters) – British blue chip shares Read More
By This Is Money Reporters PUBLISHED: 03:24 EST, 31 January 2014 | UPDATED: 12:28 EST, 31 January 2014 The FTSE 100 Index has suffered its worst January performance for four years after eurozone inflation fears saw it end another session in the red. At the close it was down 28 points at 6510.4, meaning the Read More
London (AFP) – London’s FTSE 100 opened slightly lower on Friday as emerging markets turmoil weighed on Europe’s main stock markets, but upbeat news from telecoms firm BT group and a share buyback by Imperial Tobacco provided a buffer. The index was 11.36 points down at 0920 GMT at 6,527.09, the index buffeted by a Read More
Imperial Tobacco (LSE: IMT.L – news) biggest blue-chip riser after bullish Goldman Sachs (NYSE: GS-PB – news) note • Imperial Tobacco has sparked up the bluechips this morning, rising 53p, or 2.49pc, to £22.35 after a bullish note from Goldman Sachs upgraded the cigarette maker to a “Buy” rating. The US bank said that Imperial Read More
By Tricia Wright LONDON (Reuters) – Britain’s top shares fell on Friday, weighed down by spirits company Diageo on bearish analyst comments. The company’s shares fell 1.7 percent, one of the biggest drags on the FTSE 100, as various investment houses including Goldman Sachs weighed in on the company a day after it said its Read More
Sudden 10pc spike in HSBC shares caused the FTSE 100 index to briefly inch into positive territory Fat fingers aren’t just responsible for excruciating iPhone auto-corrects. On Thursday, City traders blamed a “fat finger mistake” for the sudden 10pc spike in HSBC , which caused London’s FTSE 100 index to briefly inch up 0.5pc into Read More
By This Is Money Reporters PUBLISHED: 03:34 EST, 30 January 2014 | UPDATED: 12:26 EST, 30 January 2014 17.10 (close): Asia-focused stocks came under pressure today after drinks giant Diageo warned that emerging markets had become more challenging. Markets were already on edge after the US Federal Reserve announced a further tightening in monetary policy Read More
By This Is Money Reporters PUBLISHED: 03:34 EST, 30 January 2014 | UPDATED: 12:26 EST, 30 January 2014 17.10 (close): Asia-focused stocks came under pressure today after drinks giant Diageo warned that emerging markets had become more challenging. Markets were already on edge after the US Federal Reserve announced a further tightening in monetary policy Read More
LONDON (ShareCast) – 1630: Close The FTSE closed marginally lower, having remained fairly steady for the final two hours of trade. The biggest riser was BskyB following a strong update, while Diageo (LSE: DGE.L – news) fell after missing analyst expectations for H1. Serco fell heavily on the second tier index after issuing a profit Read More