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UK stocks opened broadly flat on Thursday morning as fading optimism about a Greek debt deal and an upcoming US jobs report gave investors reasons to be cautious. The FTSE 100 was down 0.07% at 6,603.96 early on. After showing signs of conceding ground on Wednesday and offering to meet most of the
Read moreUK stocks shook off early morning caution by the afternoon, making modest gains in spite of Greek debt and panic selling on Chinese markets. As of 14:00 BST, the FTSE 100 was trading 0.04% higher at 7,044. Weir topped the risers as Credit Suisse raised its price target on the stock to 2,205p, citin
Read moreLondon's stocks finished a choppy session in the green, though gains were only modest as sentiment continued to be dominated by mixed newsflow from Greece. The FTSE 100 settled the session up 7.59 points (+0.11%) at 7,040.92 after swinging between gains and losses for most of the day, with trading v
Read moreStocks erased losses to push into positive territory by Thursday lunchtime despite some disappointing UK economic data, as investors continued to focus on newsflow from Greece. The FTSE 100 was up 0.18% at 7,045.78 by midday, having bounced off an earlier low of 7,005.88. Markets seemingly shrugged
Read moreUBS has maintained a 'neutral' stance on HSBC ahead of the bank's strategy update on 9 June, saying that management is unlikely to deliver what is needed. HSBC's Asian franchise is the bank's "jewel in the crown", UBS said, but it faces substantial challenges over the next few decades as Hong Kong i
Read moreProduct testing group Intertek was trading in the red on Thursday after Deutsche Bank downgraded its recommendation on the stock from 'buy' to 'hold'. While concerns the group's exposure to the oil and gas sector are already factored into the share price, Deutsche said the company has "more limited
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LONDON, May 18 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-ma
Read moreUK stocks finished in the red on Friday after erasing earlier gains following some weaker-than-expected economic data from the States. Wall Street stocks were swinging between gains and losses after the open with both the S&P 500 and Dow Jones Industrial Average wavering near record highs. Investor
Read moreUpbeat corporate earnings and a calmer session on the bond market helped UK equities rise on Friday morning, with sentiment boosted by a rebound in British construction output and improving newsflow from Greece. The FTSE 100 was up 0.38% at 6,999.56 by midday. Analysts also said that trading volume
Read moreUK stocks edged higher on Friday morning ahead of what is expected to be another quiet session, though trading volumes are expected to pick up slightly. The FTSE 100 was up 0.38% at 6,999.81 early on with corporate updates from a number of blue chips being warmly-received by investors. Markets acro
Read moreProduct testing and quality certification group Intertek said it traded in line with expectations in the first four months of 2015 amid continued weakness in oil, gas and minerals spending but good growth elsewhere. The company, whose chief executive officer Wolfhart Hauser will step down from the b
Read more(Adds details) LONDON, May 15 (Reuters) - British product-testing firm Intertek Group is on course to deliver its guidance for this year and said on Friday it expected to deliver underlying revenue growth in mid-single-digit figures over the medium term. "In the first four months of 2
Read moreLONDON, May 15 (Reuters) - British product-testing firm Intertek Group said it expected to deliver underlying revenue growth in mid-single digit figures over the medium term, as it maintained its guidance for this year. The company, which tests products from barrels of oil to children's toy
Read moreInterserve has won a £150m contract by the Brite Partnership North East to build a biomass-fired power plant in Rotherham, as part of joint venture. Interserve said its portion of the project will be worth roughly £50m. Work on the plant is expected to begin in the coming weeks, with the facility e
Read moreElectrocomponents: Peel Hunt takes up to a buy. Pearson: Morgan Stanley keeps at overweight, target reiterated at 1,500p. StanChart: Shore Capital stays at buy. Moneysupermarket: UBS lifts to buy, raises target to 260p from 240p. Rightmove: Citi raises to neutral. Barclays: Deutsche keeps at buy
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