Food and drug retailers were on the rise on Thursday as developments in Europe's crisis prompted investors to shift away from (relatively) 'riskier' assets such as mining stocks.
[16 Feb '12]International Consolidated Airlines, InterContinental Hotels, ITV, Smith & Nephew, Royal Bank of Scotland, EnQuest, Morgan Crucible, Ocado, Sports Direct, Domino's Pizza, Spectrix, Logica, CPP, Speedy Hire, Thorntons, Innovation Group, Lombard Medical Technologies...
[15 Feb '12]Chocolatier Thorntons said pre-tax profit more than halved after heavy discounting and waived its interim dividend payment.
[15 Feb '12]Gains were pared in afternoon trade on Thursday following a poor start on Wall Street, meaning that the FTSE 100 finished in the red for the second day in a row. It was a busy day on the corporate news front, with Tesco and RBS grabbing the headlines, while central banks did what was expected and kept rates on hold.
[12 Jan '12]Food and drug retailers fell by an average 12% on Thursday as a number of trading updates and results failed to impress.
[12 Jan '12]After a subdued start, the Footsie seems to have found its direction, trading up near the 5,700 level, helped by the latest Italian and Spanish debt auctions which saw solid demand and a fall in yields.
[12 Jan '12]Reckitt Benckiser: J.P. Morgan Cazenove downgrades to neutral from overweight.
[12 Jan '12]A sharp fall for the retailers was met with a strong showing by the banks this morning, equating to a flat start for the FTSE 100. It has been reasonably busy on the corporate front, with several firms providing trading statements, but RBS and Tesco dominated the headlines early on.
[12 Jan '12]