Wednesday 30 May 2012
- Spain in focus, bond yields surge - Eurozone economic sentiment slips - Miners fall on euro, Chinese concerns
Wednesday 30 May 2012
Essar Energy, the India-focused energy company, has said it is not in a position to confirm that its coal block at Mahan in Madhya Pradesh state is among those to have been provisionally approved by officials for stage one forest clearance.
Wednesday 30 May 2012
Utility provider Severn Trent was leading way higher despite pre-tax profits falling 38% in the year to the end of March. The group announced a special dividend and said it forecast no water restrictions for customers this year.
Wednesday 30 May 2012
- Bankia and Spain continue to weigh on sentiment - ECB denies interference in plans for Bankia - Chinese stimulus hopes fade
Wednesday 30 May 2012
- Ex-div stocks, miners provide a drag - Hopes over Chinese stimulus fade - ECB rejects Spain's plan for Bankia
Wednesday 30 May 2012
City sources predict the FTSE 100 will open down 38 points from yesterday's close of 5,391, taking its lead from losses in Asia on the back of concerns over Spain's banking sector, which last week saw the part nationalisation of its fourth largest bank, Bankia.
Tuesday 29 May 2012
- US markets provide a lift after long weekend - Chinese optimism lifts resource stocks - Greggs celebrates pasty tax U-turn
Tuesday 29 May 2012
Bakery chain Greggs soared after it was announced that the government is to back down on plans to introduce VAT on hot savouries. Canaccord Genuity upgraded the stock from hold to buy this morning, saying that the 'pasty-gate' u-turn removes "significant financial and strategic risk for Greggs".
Tuesday 29 May 2012
Leading the fallers was plumbers' merchant Wolseley which saw like-for-like growth slow down in its fiscal third quarter as it runs up against tougher comparatives from last year.
Tuesday 29 May 2012
- Spanish concerns weigh on European markets - Earlier optimism surrounding China outweighed by euro worries - Banks slip into the red, miners trim gains
Tuesday 29 May 2012
- Chinese stimulus hopes boost miners - Wolseley drops after third-quarter update - Greek banks receive liquidity injection
Tuesday 29 May 2012
City sources predict the FTSE 100 will open up 25 points from yesterday's close of 5,356, tracking Asian stocks higher. Sentiment over Greece has been boosted by another poll in the country which showed that the pro-bailout New Democracy party is leading amongst voters as the country prepares for the elections in June.
Monday 28 May 2012
- Gains trimmed by the end of trade - Newsflow improves in Greece; New Democracy support increases - Spanish concerns weigh on sentiment
Monday 28 May 2012
Engineering software company AVEVA surged on the second-tier index after it reported record profits for the 12 months ended March 21st as the firm capitalised on growing demand from deep-water oil and gas exploration.
Monday 28 May 2012
Copper miners Rio Tinto, Xstrata and Antofagasta were tracking copper prices higher on the back of falling stockpiles in China and favourable comments by Citigroup. Citi analyst Heath Jansen this morning adjusted his short-term view on the copper industry from bearish to neutral.
Monday 28 May 2012
- Support for New Democracy increases - Financials, miners advance in morning trade - Some European, US markets closed today
Monday 28 May 2012
- Support for New Democracy increases - Some European, US markets closed today - Miners gain on increased risk appetite
Monday 28 May 2012
City sources predict the FTSE 100 will open up 35 points from Friday's close of 5,352, boosted by reports of greater support for Greece to keep its place within the euro following recent polls which indicated pro-austerity parties may secure enough voters to form a coalition.
Friday 25 May 2012
- Consumer sentiment upbeat in US, Germany - Germany adviser says Greek bailout terms should be changed - Greek uncertainty still apparent
Friday 25 May 2012
Construction and maintenance firm Interserve was wanted after announcing two contracts in the north of England, worth a combined £200m.
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