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London made it four positive sessions in a row Thursday as some better banks and strength at Petrofac offset largely weaker miners and a big drop at Autonomy. There was little help from Wall Street though, which was trading flat when the City shut up shop. The FTSE 100 has made up about 260 points
Read moreFootsie looks set to make it four days of rises in a row, with a firmer start on Wall Street giving an additional boost in the afternoon session. Risers outnumber fallers by three to one but among the fallers is data search software firm Autonomy, despite registering its 25th consecutive quarter of
Read moreLondon's blue-chip index has limped back into positive territory, despite weakness from the heavily weighted mining sector. Data search software firm Autonomy has registered its 25th consecutive quarter of year-on-year growth. Citigroup thought the results were "solid" and took "most of the bear a
Read moreFootsie managed to shrug off a poor performance on Wall Street until late in the day but gave up the fight just before the close to finish slightly in the red. Miners led the risers. Xstrata was wanted as rumours resurfaced that Brazilian mining titan Vale is contemplating reviving bid talks with
Read moreEquity prices stagnated over the lunch time trading session. Footsie remains modestly higher but volumes are low. Miners lead the advance, with the top 6 performers among Footsie constituents all mining stocks, Miner Xstrata is wanted, as rumours resurface that Brazilian mining titan Vale is con
Read moreThe decision of Sir David Jones to take over day-to-day management at beleaguered JJB Sports looked an odd move when it was announced in January. Now, in the light of confirmation that Sir David borrowed (and still owes) £1.5m from Mike Ashley, owner of JJB's main rival Sports Direct, it looks dow
Read morePrices are off the top despite expectations of a moderately firmer opening on Wall Street. Earlier shares had been given a lift by the release of the latest British Chambers of Commerce (BCC) survey showed a rebound of confidence levels in the second quarter. Britain may have seen the worst of the
Read moreLondon's blue chips have opened flat despite Wall St's strong rally just before it closed. Miners have recovered some of the losses run up yesterday, helped by the late pick-up on Wall Street. Kazakhmys, Vedanta and Lonmin have rallied the most so far this morning. Housebuilder Persimmon has seen
Read moreLondon's blue chips look set to open slightly higher after spending most of the day firmly in negative territory yesterday. Traders are expecting Footsie to open up 18 points. Housebuilder Persimmon said it has seen both volume and revenues improve recently and expects that trend to continue agains
Read moreJJB Sports has rallied around executive chairman Sir David Jones after allegations of a conflict of interest as it confirmed he has a £1.5m loan outstanding with Mike Ashley, the owner of JJB's main rival Sports Direct. JJB today said the £1.5m business loan was used for investment in Advanced Netw
Read moreFootsie made a brief attempt to lift itself into the blue in late trading but finished where it spent most of the day: firmly in negative territory. Declining metal and oil prices took their toll on resource stocks. Copper miners Lonmin and Kazakhmys are among the big fallers, despite both stocks b
Read moreFootsie is halfway to a triple digit fall as resource stocks drag the market lower, with many pundits suggesting that the market may have bounced back too far since it reversed course in March. Declining metal and oil prices are taking their toll on resource stocks. Copper miners Lonmin and Kazakhm
Read moreResource stocks have dragged Footise lower and with Wall Street predicted to open lower there is little prospect of a transatlantic boost in the afternoon session. Declining metal and oil prices are taking their toll on resource stocks. Copper miners Lonmin and Kazakhmys are among the big fallers,
Read moreLondon has opened sharply lower in early deals as traders await the return of Wall Street, back after Friday's Independence Day holiday. Miners are the worst performers after concern that the poor US jobs data heralds more economic woe for the country. Xtrata, Rio Tinto, Lonmin and Fresnillo are wo
Read moreThe futures market indicates London could lose around 25 points in early deals as traders await the return of Wall Street, back after Friday's Independence Day holiday. The Dow Jones, which fell over 200 points on Thursday following terrible jobs data, is currently seen extending losses when it re-
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