Friday 18 Nov 2011
Footsie may have rallied yesterday afternoon to pare its losses but after last night's lacklustre showing on Wall Street, the blue-chip index is set to resume its downward course this morning.
Friday 18 Nov 2011
Base metal mining oriented group Rio Tinto has, as expected, increased its offer for uranium developer Hathor Exploration.
Friday 18 Nov 2011
If you go on to the investor relations section of the web site of race track operator Arena Leisure, you will find a list of upcoming horse racing fixtures, but no clue regarding their next trading update.
Friday 18 Nov 2011
“Germany has drawn up secret plans to prevent a British referendum on the overhaul of the European Union amid concerns it could derail the Eurozone rescue package, leaked documents obtained by The Daily Telegraph disclose. Angela Merkel, the German chancellor, is today expected to tell David Cameron that Britain does not need a referendum on EU treaty changes, despite demands from senior
Friday 18 Nov 2011
If you go on to the investor relations section of the web site of race track operator Arena Leisure, you will find a list of upcoming horse racing fixtures, but no clue regarding their next trading update.
Thursday 17 Nov 2011
The Footsie may have finished 50 points off its intraday low of 5,370, but the blue chip index still recorded a loss of 1.6% as the Euro-crisis showed no signs of abating. Positive economic data from the US provided a little lift in the afternoon, but the steep decline seen from the outset proved too much to recover from.
Thursday 17 Nov 2011
“Germany has drawn up secret plans to prevent a British referendum on the overhaul of the European Union amid concerns it could derail the Eurozone rescue package, leaked documents obtained by The Daily Telegraph disclose. Angela Merkel, the German chancellor, is today expected to tell David Cameron that Britain does not need a referendum on EU treaty changes, despite demands from senior
Thursday 17 Nov 2011
Fitch warned on Thursday that if Italy loses access to the bond markets, it will likely be downgraded to the low investment grade category. It wasn't all doom and gloom, however, as the agency highlighted a "window of opportunity" for the country to bring its bond yields down to a more "sustainable" level.
Thursday 17 Nov 2011
The second half has been a mixed bag for top riser Rexam, with out-performance by its Beverage Cans business more or less cancelled out by continued weakness on the Plastic Packaging business.
Thursday 17 Nov 2011
The euro fell against the dollar last night in New York trading to buy $1.3454 as debt crisis fears continued throughout Europe.
Thursday 17 Nov 2011
0840: FTSE 100 is down 41 at 5.460. Despite the downward trend, there are some bright spots such as Rexam, Glencore, Serco and National Grid, all of which have issued trading updates this morning. Energy provider Centrica is on a low setting, however, after it warned that full-year earnings will be a bit shy of market expectations as a result of consumption being below normal levels in the Autumn
Thursday 17 Nov 2011
Retail sales volumes rose very sharply in October, rising by 0.6% on month (0.9% annually), according to the latest data out today from the Office for National Statistics (ONS).
Thursday 17 Nov 2011
The main US equity benchmarks are now trading just slightly down (Dow Jones: 14, Nasdaq Comp.: -15, S&P 500: -5), following on the back of the release of another set of better than expected economic indicators and yesterday's sharp losses.
Thursday 17 Nov 2011
The latest update from energy provider Centrica suggests that every silver lining has a cloud, as the company warned that the recent warm spell in the UK will hit full-year earnings.
Thursday 17 Nov 2011
Insurance firm Amlin was the top riser after it saw a 7.1% rise in gross written premiums for the 10 months ended 30 October, but warned full year results will be affected by ongoing market volatility and a rise in the number of claims made.
Thursday 17 Nov 2011
Outsourcing leviathan Serco is on target to deliver a performance in line with expectations in the current financial year, despite continued tough trading conditions on both sides of the Atlantic.
Thursday 17 Nov 2011
SECURITY / SUPPORT / RESISTANCE
Thursday 17 Nov 2011
SECURITY / SUPPORT / RESISTANCE
Thursday 17 Nov 2011
The Nationwide consumer confidence index for the month of October has fallen very sharply, as consumers’ confidence cratered due to fears over the euro crisis.
Thursday 17 Nov 2011
The euro lost early gains and slipped below the $1.35 mark on Wednesday as Fitch issued a bleak warning about the potential impact of euro zone’s debt crisis on US banks.
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