News

The News Channel brings you comprehensive breaking financial news, updated throughout the trading day. See the most relevant stories, regulatory news, economic reports, expert commentary and much more.

  • Thursday preview: Britvic, Trading Emissions

    Wednesday 15 Oct 2008

    Soft drinks company Britvic said last month that trading performance in the second half has been better than expected, with the exception of Ireland, where conditions have been more difficult. The two factors should balance each other out, allowing the company to hit full-year profit expectations. US banking group Citigroup is expecting revenue growth of just under 5%.

  • Unemployment jumps most in 17 years

    Wednesday 15 Oct 2008

    The number of jobless Britons soared by 164,000 in the three months to August to 1.79m, the largest increase since the middle of 1991.

  • London close: US slump floors Footsie

    Wednesday 15 Oct 2008

    The day started badly for Footsie and just got worse and worse - particularly after some gloomy retail sales data sent shares tumbling on Wall Street.

Market Buzz

Market overview: Footsie slumps as US shares tank
Wednesday 15 Oct 2008

1630: What started as a modest decline by recent standards turned into a heavy slump after shares nose-dived on Wall Street. Data showing monthly retail sales fell by the most in three years sent US stocks tumbling.

Miners were the heaviest fallers as metals prices slid. ENRC lost more than a quarter of its value and its Kazakh compatriot Kazakhmys also slumped, as did the likes of Anglo American, Xstrata and Vedanta.

Copper prices fell by the maximum allowed in one day in Shanghai on concerns an economic slowdown will hit China's imports of the red metal.

Comment & Analysis

Article Image

Trend and Moving Averages

Wednesday 15 Oct 2008

I've had a lot to say over the last few weeks about the turmoil in global markets and I've pretty much said all there is to say from that point of view, so this week I am going to change tack slightly and talk about using technical analysis tools and trade timing, as I often get asked how to use ...

Read more

Stay alerted with our instant RNS alerts, delivered straight to your inbox. Sign up now.

Market Reports

  • London close: US slump floors Footsie

    Wednesday 15 Oct 2008

    The day started badly for Footsie and just got worse and worse - particularly after some gloomy retail sales data sent shares tumbling on Wall Street.

Company News

  • Thursday preview: Britvic, Trading Emissions

    Wednesday 15 Oct 2008

    Soft drinks company Britvic said last month that trading performance in the second half has been better than expected, with the exception of Ireland, where conditions have been more difficult. The two factors should balance each other out, allowing the company to hit full-year profit expectations. US banking group Citigroup is expecting revenue growth of just under 5%.

Expert Views

No need to hunt for Red October or Blowing the Dam (and a grossly extended metaphor)

So will it work? The truthful answer is that it has to. There is no “plan B”.

Digital Look have been voted
"Best Research and Information Provider"

4th Floor, Bankside House, 107 Leadenhall Street, London EC3A 4AF.
Registered in England and Wales (registered no. 3678570).