* FTSE 100 flat, holding below 2-month high * Outlooks cheer Astrazeneca (NYSE: AZN – news) , Shire (LSE: SHP.L – news) * Ashmore outflows weigh on asset manager peers By Toni Vorobyova LONDON, Jan 14 (Reuters) – Britain’s top share index steadied near two-month highs on Tuesday, with a sell-off in financials offset by Read More
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By This Is Money Reporters PUBLISHED: 03:33 EST, 14 January 2014 | UPDATED: 12:46 EST, 14 January 2014 17:30 (CLOSE): Markets fought back in the wake of steep falls on Wall Street overnight as positive updates on UK inflation and better-than-expected eurozone industrial production data helped lift traders’ moods after a glum start. The FTSE Read More
By Toni Vorobyova LONDON (Reuters) – Britain’s top share index steadied near two-month highs on Tuesday, with a sell-off in financials offset by a crop of solid updates in the healthcare and retail sectors. Investors are scrutinising corporate updates for clues on whether the quarterly reporting season will be sufficiently strong to justify the relatively Read More
By This Is Money Reporters PUBLISHED: 03:33 EST, 14 January 2014 | UPDATED: 09:14 EST, 14 January 2014 14.10: The Footsie ticked up into positive territory early afternoon, recovering from earlier falls on hopes for an opening rally today in New York after December retail sales came in ahead of expectations. The US Commerce Department Read More
* FTSE 100 down 0.3 pct in morning trading * Ashmore outflows weigh on asset manager peers * US pre-announcements add to earnings concerns By Toni Vorobyova LONDON, Jan 14 (Reuters) – UK stocks retreated on Tuesday, with news of steep client outflows at Ashmore hitting other asset management shares and exacerbating concerns about the Read More
By Francesco Canepa LONDON, Jan 13 (Reuters)- Britain’s FTSE 100 traded slightly lower on Monday, lagging its continental peers as falls in heavyweight oil stocks more than offset a rally in banks. The latter were boosted by the prospect of lighter leverage rules. Energy shares tracked crude prices lower as an international deal on Iran’s Read More
LONDON (ShareCast) – Ocado was rising strongly ahead of its trading update on Thursday, when the group is expected to post a robust set of figures for the Christmas period. The internet grocer is expected to have benefitted from the trend that has seen retailers move their shopping habits online. The share price of department Read More
LONDON (AFP) – London equities steadied on Monday, with support coming from gains to banking shares after regulators relaxed rules on lenders’ capital buffers. The FTSE 100 index of top companies dipped 0.10 percent to 6,733.39 points in midday deals compared with Friday’s closing values. “The financial heavyweights were helped higher by a decision by Read More
* FTSE 100 up 0.4 pct * Banks lift index as leverage rules are eased * Amec (Other OTC: AMCBF – news) rallies after Foster Wheeler (NasdaqGS: FWLT – news) deal By Francesco Canepa LONDON, Jan 13 (Reuters) – A rally in banking shares helped Britain’s FTSE 100 rise close to a two-month high on Read More
* FTSE 100 up 0.3 pct to highest close since Nov. 7 * Banks lift index as leverage rules are eased * Amec (Other OTC: AMCBF – news) rallies after Foster Wheeler (NasdaqGS: FWLT – news) deal By Francesco Canepa LONDON, Jan 13 (Reuters) – A rally in banking shares helped Britain’s FTSE 100 rise Read More