Friday 07 Oct 2011
Finnair warns that it expects a second half loss due to lower-than-expected reservations as a result of the current economic crisis.
Friday 07 Oct 2011
US non-farm payrolls rose by 103,000 in the month of September, according to the latest data just out from the Bureau of Labour Statistics.
Friday 07 Oct 2011
Management consultancy and software provider Avisen has made a recommended bid for location-based software specialist 1Spatial.
Friday 07 Oct 2011
Nomura has downgraded Smiths Group, the medical devices and airport scanner maker, from neutral to reduce, saying that the firm is “likely to grow slower than other companies in our coverage universe”.
Friday 07 Oct 2011
The view from Washington, as seen by proponents of the China currency sanctions bill, seems clear: China’s government keeps its currency artificially low. That keeps manufacturing here cheap, which in turn makes Chinese products less expensive. U.S. companies cannot compete. Americans lose jobs. But the view from China — as gleaned from official comments, newspaper opinion pieces and interviews
Friday 07 Oct 2011
Royal Bank of Scotland (RBS) issued a statement on Friday morning highlighting its disappointment with Moody's decision to downgrade the bank's credit rating, which poured more fuel on rumours that the firm could need an extra injection of capital from the government.
Friday 07 Oct 2011
UK bank stocks have been hit following a downgrade to 12 financial institutions by the credit ratings agency Moody's.
Friday 07 Oct 2011
Equities took a knock in early trading after Moody's dampened sentiment with the downgrade of 12 UK financial institutions. Stocks were expected to extend gains made over the last two days on the back of hopes for the struggling Eurozone.
Friday 07 Oct 2011
0903: London stocks have turned around to trade slightly up. ONS will publish its latest UK producer price data at 9:30AM, but what really matters to investors is this afternoon´s employment data stateside. Nonetheless, it may be worth pointing out that there is growing nervousness in Whitehall that RBS could require an additional injection of public money as part of EU efforts to recapitalise
Friday 07 Oct 2011
UK bank stocks have been hit following a downgrade to 12 financial institutions by the credit ratings agency Moody's.
Friday 07 Oct 2011
UK bank stocks have been hit following a downgrade to 12 financial institutions by the credit ratings agency Moody's.
Friday 07 Oct 2011
Pekka Perä, the chief executive officer of Finnish nickel and zinc miner Talvivaara Mining, is to hang up his helmet as soon as the company can find a replacement, as the company goes into cash conservation mode.
Friday 07 Oct 2011
Computer graphics chip specialist Imagination Technologies has agreed a licensing deal with Taiwanese firm MediaTek.
Friday 07 Oct 2011
Senior, the FTSE 250 manufacturing firm working in the aerospace, diesel-engine, exhaust system and energy markets, has agreed a new five-year £60m revolving credit facility maturing in October 2016.
Friday 07 Oct 2011
Premier Foods, the FTSE 250 food manufacturer which has been struggling with rising raw material costs, has admitted that its third quarter results are "significantly below our expectations".
Friday 07 Oct 2011
Vedanta Resources, the enormous mining and metals company has seen a 36% decline in production of saleable iron ore compared to the first half of 2010.
Friday 07 Oct 2011
It is looking like a case of 'after the Lord Mayor's Show' this morning, with share prices set to dawdle higher after the crash-bang excitement of yesterday's trading session, when the Bank of England's decision to resume its quantitative easing programme earlier and harder than many expected had investors scrabbling to get back into equities.
Friday 07 Oct 2011
It is looking like a case of 'after the Lord Mayor's Show' this morning, with share prices set to dawdle higher after the crash-bang excitement of yesterday's trading session, when the Bank of England's decision to resume its quantitative easing programme earlier and harder than many expected had investors scrabbling to get back into equities.
Friday 07 Oct 2011
Sterling plunged to a 14-month low against the dollar at $1.5270 on Thursday after the Bank of England's Monetary Policy Committee (MPC) caught forex traders on the hop.
Friday 07 Oct 2011
FTSE 100 mining giant Xstrata has - through its Xstrata Coal subsidiary - agreed to buy the Lossan metallurgical coal deposit from Cline Mining Corporation for C$40m (£24.9m).
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