Carnival topped the risers as strong first-quarter results prompted a lift in full year earnings guidance. It boasted that advance bookings for the remainder of 2015 were steaming ahead of the prior year and at higher prices. [Fri 13:12]
Standard Chartered topped the risers after having its rating upgraded from 'neutral' to 'overweight' at JPMorgan. The broker said: "We believe that last week's UK budget may lead the market to attach a higher probability of strategic actions to change domicile and unlock value." [Mon 12:52]
Shares in Next slumped as the fashion retailer took a cautious view of the outlook for the 2015-2016 financial year, saying some of its collections are "not as strong as they were at this point last year". [19 Mar '15]
BHP Billiton's decision to de-merge some of its non-core activities into a new vehicle, South 32, opens up some intriguing possibilities, according to The Times' Tempus column. In essence, the Australian miner is hoping the new company will eventually become the target of a takeover. Unlike most miners, it will not have any exposure to iron ore. Furthermore, as an Aussie outfit it will not be eligible for inclusion in the various indices. [18 Mar '15]
After dipping into the red around midday, UK stocks rallied into the close with the FTSE 100 finishing 0.5% higher on the back of decent gains in the oil sector ahead of Wednesday's Budget statement. [17 Mar '15]
Building materials group CRH was extending losses after Holcim on Monday rejected the terms of its proposed tie-up with Lafarge. CRH is set to snap up €6.5bn of assets from the two European cements companies when they merge. [17 Mar '15]
Stocks in the oil and mining sectors were performing well on Tuesday morning, though gains for the wider market were erased by lunchtime as investors awaited the start of a Federal Reserve policy meeting. [17 Mar '15]
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