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Tuesday 08 Jul 2008
After an opening which saw losses across the board on Footsie London shares recovered well, with a substantial part of the benchmark index’s decline caused by the weakness of mining and oil stocks.
Tuesday 08 Jul 2008
Footsie is fighting back from its early morning hammering with Marks & Spencer in the vanguard.
Tuesday 08 Jul 2008
Connaught is one of the mid-cap index’s best performers after the social housing maintenance specialist said it remains confident of delivering full year results in-line with management expectations after a strong start to the second half.
Tuesday 08 Jul 2008
Miners and financials drag London lower following heavy falls on Wall Street overnight and after the British Chambers of Commerce described the economic situation here as ‘grim and ominous’.
Tuesday 08 Jul 2008
Marks & Spencer is leading FTSE 100's fightback helped by the two pharmaceutical giants GlaxoSmithKline and AstraZeneca.
Tuesday 08 Jul 2008
Drug developer SkyePharma has lost a quarter of its value as investors grow impatient at the firm’s failure to make progress with plans to renegotiate or refinance its convertible bonds.
Tuesday 08 Jul 2008
Footsie has staged a partial recovery but still sits deep in the red following heavy falls on Wall Street overnight and after the British Chambers of Commerce described the economic situation here as ‘grim and ominous’.
Tuesday 08 Jul 2008
There is nowhere to hide this morning from the grim economic situation facing the UK. Footsie is down over 130 points to below 5,400 with every stock in the index in the red.
Tuesday 08 Jul 2008
London is tipped to tumble more than 100 points in early dealings after the US turned down late and Asian stocks also had a tough day.
Monday 07 Jul 2008
Barely more than a dozen Footsie stocks fell back today as London received an afternoon boost from a strong opening on Wall Street, a smattering of broker tips and a dip in oil prices.
Monday 07 Jul 2008
London's blue chips are pushing on again as the afternoon session gets underway, helped by a smattering of broker tips and a slight dip in oil prices.
Monday 07 Jul 2008
Engineer Morgan Crucible advances after it saw turnover rise by about 13% in the first half and said it expects its full year performance to be in line with forecasts. On a like for like basis, excluding acquisitions, revenue growth is expected to be 10% in the first half. The group’s order books continue to be strong and are well ahead of this time last year.
Monday 07 Jul 2008
Shares remain higher on the day but gains have been trimmed after UK industrial production fell far more than expected in May, leaving the year-on-year figure down by the most since the end of 2005.
Monday 07 Jul 2008
Initial findings from cancer drug developer Antisoma’s phase II trial of AS1411 in relapsed and refractory AML (acute myeloid leukaemia) have been well received today.
Monday 07 Jul 2008
With little news today, it is broker comment that is generating most activity. Carphone Warehouse still leads the index after Goldman Sachs re-initiated coverage of the mobile phone retailer with a ‘buy’ rating.
Monday 07 Jul 2008
Footsie is just managing to stay in the blue now, with Carphone Warehouse still leading the index higher after Goldman Sachs re-initiated coverage of the mobile phone retailer with a ‘buy’ rating.
Monday 07 Jul 2008
London's blue chips made good gains in the first hour led by bargain hunters while sellers sat on their hands.
Monday 07 Jul 2008
London's blue chips are tipped for decent gains in first dealings with traders suggesting Footsie could be up 30 points early on.
Friday 04 Jul 2008
London’s blue-chips ended the week on the crest of a slump, with financials leading the way lower.
Friday 04 Jul 2008
Friends Provident led the Footsie fallers on reports that Swiss Re is no longer interested in buying the UK company’s Lombard division. Swiss Life was believed to be the only insurance company interested in buying the division, with only private equity firms now remaining in the race.