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  • London pre-open: Strong rise expected

    Tuesday 22 May 2012

    The Footsie is expected to make its second day of gains on Tuesday, following a poor performance last week. City sources are predicting the blue chip index to rise around 50 points from yesterday's close of 5,304.

  • London close: Stocks rebound, EU summit eyed

    Monday 21 May 2012

    - G8 underwhelms; markets look to EU summit - Hollande expected to push eurobond idea to Merkel - Risk-on as financials, miners advances; defensives sold

  • US close: Stocks surge after recent falls, Facebook slumps

    Monday 21 May 2012

    Following the worst weekly performance of the year so far, US benchmarks surged on Monday as investors shrugged off ongoing uncertainty in the Eurozone after the Group of Eight (G8) world leaders reaffirmed that they wanted to keep Greece a part of the single-currency bloc.

  • London midday: Stocks rise but Eurozone still in focus

    Monday 21 May 2012

    - G8 underwhelms as euro crisis continues to hamper sentiment - Cameron warns Eurozone to anticipate Greek exit - Barclays to offload BlackRock stake

  • More people wanting to downsize property, Rightmove says -UPDATE

    Monday 21 May 2012

    Moving to a smaller home is the main motivation for selling up in nine of the ten regions of the UK, according to new research.

  • Broker snap: Nomura downgrades Lamprell on poor execution outlook

    Monday 21 May 2012

    Nomura has downgraded its recommendation for oil, gas and energy engineer Lamprell from buy to reduce following last week's profit warning.

  • Broker snap: Nomura downgrades Lamprell on poor execution outlook

    Monday 21 May 2012

    Nomura has downgraded its recommendation for oil, gas and energy engineer Lamprell from buy to reduce following last week's profit warning.

  • Europe open: Spain under pressure to take IMF credit-line

    Monday 21 May 2012

    -G8 asks Greece to stay in Eurozone -JP Morgan tells investors to sell on bounces in equities -Spain revises 2011 deficit to 8,9% of GDP from 8.5% -Spain resists pressure to take IMF credit line -ABC -ECB raises ELA limit for Greek banks -Greek exit not imminent -FT -Europe´s banks fear deposit flight –WSJ -IG Metall secures 4.3% wage rise, largest since 1992 -(G8) China may pursue

  • MITIE hails 'transformational' year

    Monday 21 May 2012

    Outsourcing and energy services company MITIE Group said 2011 had been a transformational 25th year for the company, with strong growth and a record order book.

  • Tsipras wants Greece to stay in the euro

    Monday 21 May 2012

    The leader of the Greek radical left Syriza party Alexis Tsipras began a tour of Europe today in which he plans to meet up with other liberal parties as he seeks to forge ties before the second attempt at elections on June 17th.

  • London open: Footsie rebounds from six-month low

    Monday 21 May 2012

    - G8 summit fails to lift sentiment as euro worries persist - Chinese stimulus speculation does the rounds - Man Group surges early on

  • Commodities: Crude counts sixth day of losses

    Monday 21 May 2012

    Crude oil futures settled lower for the sixth straight session on Friday amid a backdrop of concern about global growth and abundant US supplies.

  • WPP invests in Myanmarian ad agency

    Monday 21 May 2012

    Media giant WPP has entered into an agreement to buy a stake in Myanmar-based advertising agency, Today Advertising.

  • Rolls-Royce wins gas turbine contract

    Monday 21 May 2012

    Power systems developer Rolls-Royce has won a contract to supply its Trent units to existing customer Dolphin Energy.

  • Monday newspaper round-up: Break-up, France, Bailouts

    Friday 18 May 2012

    When it comes to contingency planning for a Eurozone break-up, it is typically a German company that has been ahead of the game. Industrial conglomerate Siemens acquired a banking licence in December 2010. That allowed it to access directly European Central Bank funds, so cutting its exposure to swings in jumpy currency markets. It also took to parking cash at the ECB, once depositing 500m euros

  • Sunday newspaper round-up: Eurozone, Sterling, Euro-bonds

    Friday 18 May 2012

    George Osborne warns today that Britain faces “enormous risks” from chaos in the Eurozone, admitting that the government is preparing for the crisis to deepen. In a bleak assessment the chancellor voices fears that the turmoil in the European Union may “only get worse”, hampering Britain’s recovery from the double dip recession. As hopes of a swift solution to Greece’s financial woes faded, with

  • Pro-bailout party leads opinion poll in Greece

    Friday 18 May 2012

    Despite the fact that just last week the radical left party Syriza, which is threatening to renege on the EU/IMF bailout terms, had been leading in the polls, Greeks appear to have changed their minds and now favor the “pro-bailout” party New Democracy.

  • US mid-morning: Market likes Facebook

    Friday 18 May 2012

    - Facebook rises in early trading - Yahoo! wanted on rumours of Alibaba sale - Bound yields rebound

  • London pre-open: FTSE to track US and Asian stocks lower

    Thursday 17 May 2012

    City sources predict the FTSE 100 will open down 60 points from yesterday's close of 5,338, tracking US and Asian stocks lower as the ongoing crisis in Greece and renewed worries about Spain dent investor confidence across the globe.

  • FTSE 250 movers: TalkTalk surges on increased earnings

    Thursday 17 May 2012

    The final results from telecoms group TalkTalk pleased the market this morning as shares jumped by 15% after the firm hit its 20% EBITDA margin target significantly ahead of schedule. Revenues slipped 4% during the year to the end of March, but earnings surged.

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