FULL LIST OF STORIES
08 Jul
FTSE 250 movers: Drax, housebuilders and banks hit by Osborne's budget
London, city, DL

Policy changes announced in the budget saw a number of stocks on the FTSE 250 take a tumble on Wednesday, including Drax and a host of housebuilders.

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08 Jul
Market overview: Some traders sceptical on Greece
greece12

1328: Commenting on the recent headlines coming out of Greece one trader writes: “ When Tsipras says : committed to fulfill our targets, we would prefer : committed to fulfill your targets…”.

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08 Jul
London midday: FTSE bounces despite China sell-off and Greek uncertainty
London Stock Exchange, markets, traders, trading, City, shares

UK stocks advanced on Wednesday in spite of a sell-off in China overnight and ongoing uncertainties surrounding Greece, as markets bounced back after falling to their lowest in nearly six months.

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08 Jul
Charles Stanley upgrades RBS to 'hold' after recent falls
Royal Bank of Scotland, RBS, banks, banking, financial services

Charles Stanley has raised its recommendation for Royal Bank of Scotland from ‘reduce’ to ‘hold’, saying the stock is now “fairly valued” despite remaining misconduct uncertainties.

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08 Jul
Broker tips: RBS, Tate & Lyle, Dairy Crest

Charles Stanley has raised its recommendation for Royal Bank of Scotland from ‘reduce’ to ‘hold’, saying the stock is now “fairly valued” despite remaining misconduct uncertainties.

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08 Jul
US close: Markets stage late rally on Greek hopes
New York Stock Exchange, NYSE, markets, Wall Street

US stocks erased earlier losses to finish higher on Tuesday after a late rally on hopes that Greece will be able to secure new funds to avert a banking collapse and euro exit.

08 Jul
London open: Stocks rise ahead of budget, but China and Greece a concern
London Stock Exchange, markets, traders, trading, City, shares

London stocks bounced slightly on Wednesday after settling at their lowest in nearly six months, though gains were modest as investors focused on a sell-off in China overnight, the upcoming UK budget and news flow on Greece.

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08 Jul
London pre-open: Higher open expected ahead of UK budget

UK stocks are expected to open higher on Wednesday after dropping to their lowest level in six months as investors await further news on Greece and the chancellor’s budget statement.

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08 Jul
Wednesday newspaper round-up: Greece, Bwin.party, Chinese stocks
Juncker_640

European Commission president Jean-Claude Juncker has said “we have a Grexit scenario prepared in detail” as leaders urged Athens to present a new proposal in the next few days, according to The Guardian.

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07 Jul
London close: Stocks drop on lack of fresh Greek proposals
London, city, DL

Failure by Greece to present a new cash-for-reforms package to Eurozone finance ministers sent UK stocks firmly lower on Tuesday, with heavyweight mining shares bearing the brunt of an aversion to risk and sell-off in metal prices.

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07 Jul
Wednesday preview: UK budget, Greek talks to dominate news flow
osborne, budget

A relatively quiet day in terms of economic data and corporate results is likely to keep the focus on Greece on Wednesday, though George Osborne's so-called “emergency” budget will grab a few headlines closer to home.

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07 Jul
FTSE 100 movers: Defensives gain, miners sold off as risk appetite wanes
London, city, DL

Defensive sectors such as real estate and pharmaceuticals were performing well while commodity stocks were falling on Tuesday, with investors reducing their appetite for risk as European leaders met in Brussels to discuss Greece's future.

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07 Jul
Broker tips: ARM Holdings, Lloyds, Rolls-Royce, Land Securities

Shares in chipmaker ARM Holdings have been boosted after Morgan Stanley upgraded the stock to ‘overweight’ from ‘equalweight’ and raised its share price target to 1,180p from 980p.

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07 Jul
Formation Group rockets on hopes for new deal
Costain building site, construction, civil engineering

Formation Group's share price rocketed on Tuesday after the construction management services outfit confirmed speculation about a potential "commercial agreement on a development site".

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07 Jul
Greek officials arrive at euro summit without fresh proposals

Greek officials have reportedly arrived at Tuesday's emergency summit in Brussels without a new bailout proposal.

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07 Jul
London midday: Stocks weaken ahead of Greek summit as crisis continues
London Underground tube train, transport

Oil and gas stocks dragged the UK equity market lower on Tuesday after the recent plunge in crude prices, as investors showed caution ahead of a key Eurozone summit on Greece.

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07 Jul
UK industrial output accelerates on mining, quarrying growth
Rio Tinto, mining, diamond mine in Zimbabwe

Growth in British industrial production accelerated more than expected in May, according to figures released on Tuesday by the Office for National Statistics.

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07 Jul
London open: Stocks inch lower ahead of key Greek summit
London Stock Exchange, markets, traders, trading, City, shares

UK stocks were trading slightly lower on Tuesday morning as investors awaited news from a meeting of Eurozone officials to discuss fresh proposals from Greece.

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07 Jul
German industrial production stagnates in May
aleman, germany, alemania

Industrial production in Germany stalled in May on the back of falls in energy and construction output, data from the Federal Statistical Office (Destatis) showed on Tuesday.

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07 Jul
Smiths Group appoints GKN automotive boss as new CEO
smiths group, engineering

Technology firm Smiths Group has appointed the head of GKN’s automotive division as its new chief executive.

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