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FTSE 100 movers: LSE and housebuilders lead as Barclays slumps
26 Jun 2014

FTSE 100 movers: LSE and housebuilders lead as Barclays slumps

LSE is spending $2.7bn in cash on buying Frank Russell Company in a deal that will combine the group's Russell and FTSE index businesses. Investors se...

Imperial Tobacco unveils Logista IPO pricing range
26 Jun 2014

Imperial Tobacco unveils Logista IPO pricing range

Imperial Tobacco has announced its intention to float shares in its subsidiary Logista at between €12.50 to €15.50 per share, representing a market ca...

UPDATE 1-Marlboro maker Philip Morris cuts 2014 earnings forecast
26 Jun 2014

UPDATE 1-Marlboro maker Philip Morris cuts 2014 earnings forecast

* Cuts 2014 profit est to $4.87-$4.97 per shr from $5.09-$5.19 per shr * To buy UK-based e-cigarette maker Nicocigs * Expects to launch a proprietary ...

INSIGHT-Big Tobacco squares up as EU rules aim to track every cigarette
18 Jun 2014

INSIGHT-Big Tobacco squares up as EU rules aim to track every cigarette

* EU law to require tracking of single packs to retailers * Industry-developed system, Codentify, garners criticism * Consultation underway on various...

MARKET COMMENT: FTSE 100 Closes Slightly Higher Amid Iraqi Tensions
12 Jun 2014

MARKET COMMENT: FTSE 100 Closes Slightly Higher Amid Iraqi Tensions

LONDON (Alliance News) - The FTSE 100 closed fractionally higher Thursday, having spent the day trading within a tight range, with oil and gas explora...