Editor's Picks

Filter by:

  • London close: FTSE 100 hits new multiyear highs after US data

    Friday 17 May 2013

    The FTSE 100 rallied in afternoon trade after some better-than-expected economic data from the States, pushing the index to new five-and-a-half-year highs.

  • Lloyds sees share price reaches government break-even point

    Friday 17 May 2013

    Lloyds Banking Group’s shares advanced Friday to a level which the government considers high enough to exceed the break-even point for a sale of its stake in the company.

  • London midday: Markets rally as banks rise

    Friday 17 May 2013

    After a subdued start, the FTSE 100 pushed into positive territory ahead of the opening bell in New York with financials leading the rise after a broker upgrade.

  • Broker tips: Banks, Intertek, Direct Line

    Friday 17 May 2013

    UBS has lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve.

  • Morrisons confirms deal with Ocado to launch online grocer

    Friday 17 May 2013

    Morrison Supermarkets has confirmed it is teaming up with Ocado Group to launch its first shopping website in January next year.

  • John Menzies sees mixed Q1 trading as magazine market struggles

    Friday 17 May 2013

    Aviation and distribution group John Menzies reported mixed trading in its two divisions during the first quarter, causing shares to edge lower on Friday morning.

  • Lamprell to wrap up talks with lenders

    Friday 17 May 2013

    Lamprell, which provides engineering and contracting services to oil and gas industries, is on track to complete discussions with lenders to restructure its debt facilities.

  • Broker snap: UBS upgrades banks to 'overweight' as conditions improve

    Friday 17 May 2013

    UBS has lifted its rating for the global banking sector from 'underweight' to 'overweight', saying that the operating environment is beginning to improve.

  • London open: Stocks pull back after strong gains

    Friday 17 May 2013

    The FTSE 100 registered moderate falls in early trading on Friday in aftermath of a series of disappointing economic figures, as markets pulled back after a strong showing over the last two weeks.

  • Friday newspaper round-up: EU exit, Asda, Dell...

    Friday 17 May 2013

    The head of the Confederation of British Industry has warned about the risks of Britain quitting the EU, saying that the Conservative party's desire for a referendum on the issue has been a "distraction from securing growth and jobs, which have to be the UK's top priority", reports The Guardian.

  • Friday newspaper round-up: EU exit, Asda, Dell...

    Friday 17 May 2013

    The head of the Confederation of British Industry has warned about the risks of Britain quitting the EU, saying that the Conservative party's desire for a referendum on the issue has been a "distraction from securing growth and jobs, which have to be the UK's top priority", reports The Guardian.

  • US close: Slight losses on Wall Street

    Thursday 16 May 2013

    - Some websites reported important messages coming from Fed on Friday Hilsenrath (WSJ): Fed not worried about low inflation, Fed (Williams): May be able to trim bond buying by summer, BIS (Caruana): Central banks should normalise rates sooner rather than later, Fed (Rosengren): Highly accommodative policy currently appropriate, Fed (Fisher): Not yet time to stop Treasury purchases, but soon

  • Sector movers: Retailers gain as Dixons hits four-year high

    Thursday 16 May 2013

    The strong performance from the retail sector continued on Thursday after forecast-beating results from bellwether Dixons brightened the outlook for Britain’s High Streets.

  • Friday tips round-up: Bovis Homes, Glencore Xstrata, AZ Electronic Materials

    Thursday 16 May 2013

    Stock of Bovis Homes, along with its peers, saw an extraordinary surge in its share price yesterday, up 12p to 765p, almost twice where it was last June. The stock is approaching a 30% premium to their estimated net asset value; this seems to be building in an awful lot of the future growth expected by analysts. "Not a bad time to take some profits," writes The Times’s Tempus.

  • RBS cuts further 1,400 jobs from retail bank

    Thursday 16 May 2013

    Royal Bank of Scotland (RBS) is axing a further 1,400 jobs from its retail banking head office to slash costs.

  • Commodities: Small moves as US dollar at 10 month high

    Thursday 16 May 2013

    Commodity prices were little changed on Thursday as several macroeconomic indicators disappointed Stateside and as the US dollar rose to ten month highs.

  • Aviva working hard at a turnaround

    Thursday 16 May 2013

    Aviva, the insurance group which surprised the market in March with an unexpected cut in its dividend, said on Thursday that it is delivering on its turnaround strategy.

  • Thursday newspaper round-up: Japanese GDP, RBS, RSA...

    Thursday 16 May 2013

    Financial Times reports that the pace of Japanese economic growth in the first quarter was its fastest among the Group of Seven countries at 3.5 per cent. "Solid growth in consumer spending and exports suggest[s] the expansionary policies of Shinzo Abe, Prime Minister, are delivering quick and tangible results," the paper says.

  • London close: Stocks continue to edge higher

    Wednesday 15 May 2013

    Market Movers techMARK 2,521.91 +0.57% FTSE 100 6,697.70 +0.17% FTSE 250 14,471.40 +0.65%

  • Thursday tips round-up: LSE, easyJet, HSBC

    Wednesday 15 May 2013

    Change is in the air at HSBC. The lender has been right to concentrate on cost-cutting, having exited 50 businesses and announced roughly 44,000 lay-offs since 2011 – even if its cost-to-income ratio has risen over the past three years. Indeed, banks have been at pains recently to show investors that they can still grow, but HSBC does have greater exposure to emerging markets, while “soggy” top

Top of Page