Mining stocks were under pressure as commodity prices declined with precious metals peers Fresnillo and Randgold tracking gold and silver lower early on. As well, in a research note issued today analysts at Citi wrote that: "We remain underweight the gold and base metals stocks and our least favoured name among the large-cap miners is Anglo American." Acting as a backdrop, November manufacturing sector purchasing managers´ survey results in China, the Eurozone and the US all [Mon 15:42]
Lloyds Banking Group on Monday confirmed that Lord Blackwell, who has been a Non-Executive Director of the group since June 2012, will succeed Sir Winfried Bischoff as Chairman with effect from April 3rd 2014, when Sir Winfried is due to retire. [Mon 13:16]
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