Editor's Picks
Broker snap: HSBC no temptation for Credit Suisse
Tuesday 08 Nov 2011
Britain’s biggest bank, HSBC, is valued fairly at around its current 540p level according to analysts at Credit Suisse.
Prudential sees record Q3 sales in Asia
Tuesday 08 Nov 2011
Insurance giant Prudential reported strong profits in the third quarter, driven by expansion of new business in Asia.
London Close: Stocks stop at resistance again, despite Italy news
Tuesday 08 Nov 2011
UK stocks have finished higher today, but off their best levels off the day, as investors attempt to digest the potentially extremely serious implications of the ‘soap-opera’ that Euroland has become of late.
Repsol YPF announces its largest oil find ever
Tuesday 08 Nov 2011
Repsol YPF yesterday announced that it has made its largest oil find ever.
Good news at last from Greenland for Cairn
Tuesday 08 Nov 2011
Oil giant Cairn Energy saw its share price rise 4% after it reported encouraging results from its five well exploration drilling campaign offshore Greenland.
Intercontinental hotels hails strong Q3
Tuesday 08 Nov 2011
Intercontinental Hotels announced strong profits for the third quarter, driven by revenues in the US and China.
Eurozone and Italy face a key vote this evening
Tuesday 08 Nov 2011
In the last few months the Italian government has either backtracked from previous economic reform commitments or some of its coalition members, such as the ‘Northern League’, have shown their clear opposition to at least certain reforms, such as of the pension system.
Occupancy levels holding up at Hammerson
Tuesday 08 Nov 2011
Property company Hammerson was happy to report that the occupancy level across its portfolio remains high, though it has dipped to 97.1% from the end-June figure of 97.2%.
Vodafone adjusts operating profit guidance higher
Tuesday 08 Nov 2011
Telecommunications provider Vodafone has this morning released its half-yearly results, while at the same time announcing a 7.0% increase in its interim dividend, to 3.05p, along with the payment of a special dividend of 4p.
Profits slip at Associated British Foods but dividend goes up
Tuesday 08 Nov 2011
Associated British Foods, the owner of Primark, saw yearly revenues jump but profits fall as the company was hit by 'substantial rises' in commodity costs.
London pre-open: Lloyds plays 'pick a number'
Tuesday 08 Nov 2011
London is set to make a quiet start, possibly because traders are trying to determine which numbers to focus on in the trading update this morning from Lloyds Banking.
M&S profits fall in tough trading conditions
Tuesday 08 Nov 2011
Profits fell at Marks & Spencer in the first half as the company was forced to cut prices to attract customers.
US close: Stocks rally on Eurozone developments
Tuesday 08 Nov 2011
US stocks rallied in the afternoon session, encouraged by comments from Jürgen Stark, European Central Bank (ECB) policy maker, who stated that in one or two years, the need for "acute political actions" to resolve the Eurozone debt crisis will no longer be necessary.
FX round-up: Euro under pressure, spotlight turns to Italy
Tuesday 08 Nov 2011
The euro came under pressure against the dollar on Monday as worries increasingly turn to Italy's debt problems.
Tuesday newspaper round-up: Berlusconi, BoE, cost of living, Lloyds,
Tuesday 08 Nov 2011
The Prime Minister said it was “difficult to understand” why the European Central Bank, which relies largely on German funding, was not “doing more” to help beleaguered nations. Speculation mounted that Silvio Berlusconi, the Italian prime minister, would be forced to resign in the coming days to make way for a new government which can push through spending cuts. Mr Berlusconi, who denied
Commodities: Oil touches 3-month high, tops $95 a barrel
Tuesday 08 Nov 2011
Crude oil futures rose 1.3% to the highest level since late July after a report showed a sharp increase in Libyan oil production last month.
UK Housing finds its mojo, Barclays says?
Tuesday 08 Nov 2011
The results of the Royal Institute of Chartered Surveyor’s (RICS) housing market survey for the month of October have provided analysts with some ‘mixed’ signals on the housing market this morning.
Sector movers: Engineers fall over Weir
Monday 07 Nov 2011
A spot of old-fashioned Scottish realism seems to be dragging down the share price of Glasgow based engineering giant, Weir Wroup, and with it the industrial engineering sector.
Virgin Media non-exec sells shares
Monday 07 Nov 2011
A round-up of the biggest director deals today so far.
London Close - FTSE flat as investors eye Italy
Monday 07 Nov 2011
Market Movers
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN