LONDON (Alliance News) - The FTSE 100 ended slightly higher Monday, while its mid-cap peer index lost ground, in a subdued session that had little in the way of economic or major corporate news to drive it.
The corporate news that there was for blue-chip stocks was mainly negative,
Full-year losses more than doubled after turnover plunged at AIM-listed Hightex Group, prompting a steep decline in the group's share price. The firm, which designs and produces materials used in the roofs and facades of large buildings, posted pre-tax losses from continuing operations of €2.8m (2
Read moreLONDON (Alliance News) - Lloyds Banking Group Monday set the price range of the initial public offering of TSB Banking Group PLC on the London Stock Exchange at between 220 pence to 290 pence per share, which would value the spun-off retail bank at about GBP1.28 billion at the
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Monday.
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FTSE 100 - WINNERS
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Capita, up 1.7%. Numis Securities has upgraded Capita to Buy, from Hold, and increased its pric
LONDON (Alliance News) - The FTSE 100 is modestly higher Monday, as investor sentiment remains broadly positive after a strong US jobs report on Friday, followed by some better Chinese data over the weekend and an upward revision to Japan's GDP. By mid-morning Monday the FTSE 100 is up 0.3%
Read moreLONDON (Alliance News) - Engineering company Hightex Group PLC saw its shares slide 37% Monday morning after it posted a widened pretax loss on nearly halved revenue in 2013, hit by operational problems at its Brazilian joint-venture company. The company posted a pretax loss of EUR2.8 milli
Read moreLONDON (Alliance News) - The UK government has raised a further GBP4.20 billion from its second sale of Lloyds Banking Group PLC shares, meaning it has now recouped GBP7.41 billion of the roughly GBP21 million that taxpayers injected into the bank during the financial crisis.<
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