Lloyds Banking Group ShareCast News (LLOY)

London close: Markets tumble as stimulus hopes fade

The recent bullish mood on equity markets quickly faded on Thursday as mixed messages from the Federal Reserve and a slowdown in China sparked a heavy sell-off on the FTSE 100, which lost more than two per cent of its value.
[Yesterday 16:20]

Sector movers: Miners and banks fall as risk appetite wanes

Growth concerns hammered markets across the globe on Thursday, with banking and mining stocks bearing the brunt of the sell-off in London as the impressive year-to-date rally ran out of steam.
[Yesterday 15:12]

London midday: Rally runs out of steam after Bernanke comments

Markets tumbled by around two per cent on Thursday morning as investors chose to take profits in the aftermath of comments from the head of the US Federal Reserve and a disappointing reading of manufacturing activity in China.
[Yesterday 11:32]

Broker snap: Panmure upbeat about St James's Place after Lloyds sale

Shares in St James's Place (SJP) fell sharply on Thursday morning after Lloyds placed 77m shares in the wealth manager, but Panmure Gordon kept its 'buy' rating for the stock saying it still remains its top pick for 2013.
[Yesterday 10:09]

London open: Fed concerns, poor Chinese data spark sell-off

Worries about the Federal Reserve 'tapering' quantitative easing (QE) prematurely spooked markets on Thursday morning, along with a disappointing reading of manufacturing activity in China.
[Yesterday 08:31]

Thursday newspaper round-up: Ocado, UK Mail, Hibu...

The Telegraph says that Waitrose head Mark Price is refusing to meet with Ocado chief Tim Steiner after the online grocery group agreed to help rival Morrison develop an online shopping website.
[Yesterday 06:54]

Lloyds to sell further share in St James Place

Lloyds Banking Group said it planned to sell a further 15 per cent of its stake in wealth manager St James's Place to swell its equity capital 500m pounds.
[Wed 17:16]

London close: Bernanke's dovish tone sparks surge late on

After a relatively subdued start on the FTSE 100, stocks surged in afternoon trade as comments from the Chairman of the Federal Reserve pushed the index to fresh 13-year highs.
[Wed 17:12]