Thursday 23 May 2013
The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two per cent of its value.
Thursday 23 May 2013
Salamander Energy plunged after it issued a disappointing update on its Bedug-1 exploration well in the Bontang production sharing contract. Although the well was found to be a gas discovery, exploration was terminated as a result of high pressures.
Thursday 23 May 2013
United Utilities was one of a small handful of risers having upped its dividend on the back of what it described as a 'good' set of results, supported by a strong operational performance, which fed through to the quality of service received by its customers.
Thursday 23 May 2013
Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of comments from the head of the US Federal Reserve and a disappointing reading of manufacturing activity in China.
Thursday 23 May 2013
Worries about the Federal Reserve 'tapering' quantitative easing (QE) prematurely spooked markets on Thursday morning, along with a disappointing reading of manufacturing activity in China.
Thursday 23 May 2013
City sources predict the FTSE 100 will open down 125 points from yesterday's close of 6,840, after US Federal Reserve Chairman Ben Bernanke delivered his highly-anticipated speech to Congress last night.
Wednesday 22 May 2013
After a relatively subdued start on the FTSE 100, stocks surged in afternoon trade as comments from the Chairman of the Federal Reserve pushed the index to fresh 13-year highs.
Wednesday 22 May 2013
Soft drinks firm Britvic leapt on the back of a strong set of interim results, after an improved underlying performance across the business, although it did caution on market conditions remain challenging.
Wednesday 22 May 2013
Shares in Morrison were falling sharply after UBS confirmed that it had placed around 100m shares in the supermarket stock on behalf of an institutional seller at 280p each, well below yesterday's closing price of 289.30p.
Wednesday 22 May 2013
Disappointing retail sales in the UK saw markets pull back from a 13-year highs on Wednesday morning while traders kept a close eye on central banks around the world.
Wednesday 22 May 2013
Markets pulled back from new 13-year highs on Wednesday morning as traders turned cautious ahead of statements from central banks in the UK and US.
Wednesday 22 May 2013
City sources predict the FTSE 100 will open down 11 points from yesterday's close of 6,804, after it yesterday smashed through the 6,800 mark, just 130 points short of its all-time high, not seen since 1999.
Tuesday 21 May 2013
Well-received results from a number of FTSE 100 heavyweights and a sharp drop in consumer-price inflation in the UK lifted London’s benchmark index to fresh multiyear highs on Tuesday.
Tuesday 21 May 2013
Homeserve shares were rising strongly after the group said it is confident it will return to modest growth in 2014/2015. The group said it has clear Sales and Marketing plans for increasing both customer acquisition and retention and expects UK customer numbers to stabilise at around 1.9m from March 2014.
Tuesday 21 May 2013
Cruise ship operator Carnival, the world’s largest, took a hit after it issued a brutal profit warning overnight for its full-year earnings per share, primarily as a result of lower net revenue yield expectations due to its current cruise ticket pricing.
Tuesday 21 May 2013
Stocks held on to 12-year highs on Tuesday morning as a sharp drop in consumer-price inflation lifted the outlook for the UK economy.
Tuesday 21 May 2013
Markets were trading within a narrow range on Tuesday morning after finishing at 12-year highs the day before, as traders consider how much further the impressive year-to-date rally has to go.
Tuesday 21 May 2013
City sources predict the FTSE 100 will open down seven points from yesterday's close of 6,756, having hit a 13-year high on Monday.
Monday 20 May 2013
The FTSE 100 managed to close Monday’s session moderately higher, albeit at 12 year highs, after rising by 33 points to the 6,756 point mark.
Monday 20 May 2013
Transport firm FirstGroup led the fallers after cancelling its final dividend as it restructured its balance sheet and refinanced after a year in which operating profits halved. In results announced two days earlier than scheduled, the company announced a three-for-two rights issue as well as the resignation of its Chairman Martin Gilbert.
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