FTSE 100 movers: Tobacco stocks drop on Reynolds-Lorillard tie-up
15th Jul 2014 13:49
Share prices of tobacco rivals Imperial and British American both dropped on Tuesday as investors gave a cool reaction to the planned merger between US peers Reynolds and Lorillard, which involves both UK companies parting ways with a lot of cash. As part of the deal, Imperial is to buy a portfolio
Read moreLondon midday: Housebuilders fall as inflation data sparks rate-hike concerns
15th Jul 2014 12:03
- UK inflation jumps to 1.9% in June - Carney highlights housing concerns - German ZEW survey disappoints - Yellen, US data in focus later on techMARK 2,781.35 -0.46% FTSE 100 6,722.11 -0.36% FTSE 250 15,478.79 -0.64% Rate-hike speculation in the UK and disappointing economic data from Germany saw
Read moreLondon midday: UK stocks rebound after four-day losing streak
11th Jul 2014 12:07
- FTSE 100 rises after hitting lowest since April 17th - Tobacco stocks lead gains after four-day sell-off - UK construction output declines techMARK 2,777.53 +0.27% FTSE 100 6,684.40 +0.18% FTSE 250 15,487.07 +0.31% Equity and bond markets across Europe were calmer on Friday morning after concern
Read moreLondon open: Tobacco gains help UK stocks snap four-day losing streak
11th Jul 2014 08:56
- M&A speculation gives tobacco sector a boost - Housebuilders rise, miners fall - FTSE 100 rebounds from lowest in nearly three months techMARK 2,779.11 +0.33% FTSE 100 6,690.42 +0.27% FTSE 250 15,518.58 +0.51% Strong gains from tobacco and construction stocks outweighed a decline in the heavywei
Read moreLondon close: FTSE drops on Eurozone concerns
10th Jul 2014 16:59
- FTSE ends 45.67 points lower at 6,672.37 - BoE maintains rates and asset purchases - Trade deficit had widened to £9.2bn in May techMARK 2,770.07 -0.43% FTSE 100 6,672.37 -0.68% FTSE 250 15,439.87 -0.71% Following a sharp dip this morning, the Footsie spent much of the day firmly in the red befo
Read moreFTSE 100 movers: LSE drops on Qatar sale, Portugal fears hit banks
10th Jul 2014 15:29
London Stock Exchange was one of the worst performers on the FTSE 100 on Thursday after Qatar Investment Authority cut its 15% stake in the exchange operator by a third ahead of the UK-listed firm's planned $1.6bn rights issue to fund the acquisition of Frank Russell. Concerns about contagion from
Read moreLondon midday: Stocks fall for fourth straight day as BoE holds rates
10th Jul 2014 12:20
- FOMC minutes remove taper uncertainty - BoE decides to hold policy - Burberry gains, Barratt and AB Foods give up gains - Financials and airlines fall techMARK 2,759.10 -0.83% FTSE 100 6,659.30 -0.87% FTSE 250 15,358.40 -1.23% After a slow start, UK stocks sunk sharply into the red by Thursday l
Read moreLondon open: Central banks in focus as UK stocks open flat
10th Jul 2014 08:34
- FOMC minutes remove taper uncertainty - BoE policy decision due out at noon - Burberry, Barratt and AB Foods impress - LSE drops as Qatar cuts stake techMARK 2,785.94 +0.14% FTSE 100 6,722.04 +0.06% FTSE 250 15,553.32 +0.02% UK stocks opened more or less flat on Thursday as investors kept a clos
Read moreBarratt Developments hitting top end of expectations
10th Jul 2014 08:11
- PBT doubled to £390m, top end of forecasts - ROCE of 18%, two years ahead of schedule - Land bank up 15.9% Pre-tax profits at Barratt Developments will hit the top end of analyst expectations, the company boasted in a pre-close statement, as an 8.6% increase in housing completions accompanied a 1
Read moreLondon pre-open: Modest rise after Fed minutes, ahead of BoE rate decision
10th Jul 2014 07:44
A modest rise is expected amongst London's blue chips this morning, tracking stronger gains seen across the Pond last night following the release of the Federal Reserve's minutes from its meeting last month. The minutes indicated that officials were sanguine about holding their current policy cours
Read moreLondon close: FTSE ends lower as investors await Fed Reserve minutes
7th Jul 2014 16:59
- FTSE closes down 42.54 at 6,823.51 - Oil, housing stocks fall - Investors await Fed Reserve meeting techMARK 2,843.77 -0.42% FTSE 100 6,823.51 -0.62% FTSE 250 15,892.30 -0.98% As had been widely anticipated, the UK market headed lower in today's session, tracking a fairly steady downwards path t
Read moreSunday share tips: Gulf Keystone Petroleum, Homebuilders, Science in Sport
29th Jun 2014 21:57
Shares in Kurdistan-focused Gulf Keystone Petroleum are notoriously volatile. In large part that can be put down to its enthusiastic following among retail investors. Another important factor has been the long-running speculation that it could be the target of a take-over bid. Speculation in that re
Read moreLondon close: TUI and housebuilders help FTSE end higher
27th Jun 2014 16:59
- FTSE closes up 22.65 at 6,757.77 - UK consumer confidence at nine-year high - Q1 GDP revised lower techMARK 2,817.88 +0.56% FTSE 100 6,757.77 +0.34% FTSE 250 15,681.46 +0.22% London-listed stocks rose in this afternoon's trading to end higher, lifted by strong consumer confidence data, a long-aw
Read moreFTSE 100 movers: TUI Travel leads the risers after merger deal
27th Jun 2014 16:12
TUI Travel shares jumped after it announced that it had agreed the terms of a merger between itself and parent company TUI AG, a move that will create the world's "number one integrated leisure tourism business". Under the terms of the agreement, TUI Travel investors would receive 0.399 new TUI AG s
Read moreUBS remains positive on housebuilders, downplays "mild" cooling measures
27th Jun 2014 12:04
UBS has said that the positive fundamentals of the UK housebuilding sector remain unchanged despite recent concerns about how policy changes may affect companies in the industry. The Financial Policy Committee (FPC) on Thursday recommended a cap on loan-to-income (LTI) ratios, suggesting that lende
Read more