Editor's Picks
Wednesday preview: Next sweating on a change in the weather
Wednesday 02 Nov 2011
Results from clothing retail chain Next could see the company having a gripe about the recent spell of good weather most of Britain has been enjoying.
London close: Footsie drops on fresh concerns for Greece
Tuesday 01 Nov 2011
With a surprise referendum vote on the Greek bail-out announced, a mass sell-off was seen in stock markets across the globe on Tuesday, not helped by some worrying manufacturing data at home and away.
Hundreds of millions possibly missing at MF Global?
Tuesday 01 Nov 2011
MF Global, the troubled US futures broker which yesterday filed for bankruptcy, continues to face more problems.
Wednesday newspaper round-up: Referendum, pensions, benefits
Tuesday 01 Nov 2011
Mr Papandreou told a late-night cabinet meeting that the referendum will be "a clear mandate and a clear message in and outside Greece on our European course and participation in the euro.No one will be able to doubt Greece's course within the euro," he said, adding that market turmoil triggered by his announcement of the referendum late on Monday would be short-lived.
FTSE 250 Movers: bwin.party comes up trumps
Tuesday 01 Nov 2011
Shares in online gaming firm bwin.party roared higher after the firm revealed a potentially lucrative deal to offer real money online poker in the US.
FTSE 100 Movers: Man Group leads the way lower
Tuesday 01 Nov 2011
Man Group was heading lower despite Credit Suisse reiterating its outperform rating and 235p target on the stock. The stock has been contaminated by association with its former subsidiary, US futures broker MF Global, which applied for bankruptcy yesterday.
US manufacturing below expectations
Tuesday 01 Nov 2011
The Manufacturing ISM Index, one of the best gauges of the health of the manufacturing sector in the US gave a reading of 50.8% in October.
US close: Stocks finish near day´s worst levels
Tuesday 01 Nov 2011
Like the rest of the world's stock markets, Wall Street has been rocked to its socks by the decision by George Papandreou, the Greek Prime Minister, to hold a referendum on the details of the Greek bailout tortuously negotiated by Eurozone leaders, with equities having closed practically at the day´s lows.
888 revenues grow 42% in Q3
Tuesday 01 Nov 2011
888 Holdings, an online gaming entertainment provider, saw its revenues increase 42% year on year in the third quarter, with a 10% increase from the previous quarter.
Lamprell wins $200m contract
Tuesday 01 Nov 2011
Lamprell, a specialist engineering firm serving the oil and gas industry, has been awarded two new construction contracts by Nexen Petroleum UK worth in excess of $200m.
US pre-open: Several hundreds of millions of dollars possibly missing at MF Global
Tuesday 01 Nov 2011
The main US market averages are being called to open lower by approximately 2% each, following a very negative close to trading last night on Wall Street. Nonetheless, US investors at least got a chance to react, even if only partially, to the surprising news coming out of Greece towards the end of trading yesterday.
Broker tips: Barclays, M&S, 888
Tuesday 01 Nov 2011
After factoring in a target price upgrade, UBS has downgraded its rating for Barclays from buy to neutral, saying that the upside is now more modest.
London midday: Mass sell-off on Greek default risks
Tuesday 01 Nov 2011
News that Greece is to hold a referendum on its latest bailout package and some worrying economic data at home and away rattled the markets on Tuesday, with the Footsie dropping close to 3%, while other European benchmarks fell by between 4% and 5%.
Broker snap: UBS downgrades Barclays to neutral
Tuesday 01 Nov 2011
After factoring in a target price upgrade, UBS has downgraded its rating for Barclays from buy to neutral, saying that the upside is now more modest.
Barclays Capital sees investors worried over risk of Greek Euro 'exit'
Tuesday 01 Nov 2011
Commenting on the Greek Prime Minister´s, Yorgis Papandreou´s, surprise decision to announce a ‘confidence vote’ for Friday and a referendum on the rescue package for December or January economists at Barclays Capital are this morning explaining to clients that they believe that he would win such a vote and possibly also the referendum.
UK GDP grew by 0.5% in third quarter, as expected
Tuesday 01 Nov 2011
UK gross domestic product growth reached 0.5% on quarter (0.5% on year) according to the latest data released today by the Office for National Statistics (ONS).
Morning broker round-up
Tuesday 01 Nov 2011
Barclays: UBS downgrades from buy to neutral, target raised from 208p to 215p.
bwin.party attempts to enter US with big poker deal
Tuesday 01 Nov 2011
Shares in online gaming firm bwin.party roared higher on Tuesday after announcing a potentially lucrative deal to offer real money online poker in the US. However, there is one stumbling stock – bills to regulate, license and tax online poker in the country have not yet been passed by the government.
Market overview: Analysts still in shock
Tuesday 01 Nov 2011
1048: Judging by most market commentary many analysts and observers are stil in shock at the apparent 'all or nothing' bet made by Greece´s Prime Minister last night. What´s his plan B? some might ask. The implications of a negative result in that referendum are pretty clear and could easily lead to heightened market volatility some think. Analysts at Barclays, nonetheless, do believe Papandreou
Chinese manufacturing slows even further, but data could be exaggerated
Tuesday 01 Nov 2011
The Chinese manufacturing sector may have slowed its rate of expansion even further in the month of October, according to data released last night by the China Federation of Logistics and Purchasing (CFLP).
You are here: news > editors picks
10 Lower Thames St,
London EC3R 6EN