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LONDON (Alliance News) - The FTSE 100 closed at its highest level for two weeks Thursday, and less than 80 points shy of its all-time high, led higher by another strong performance by medical technology company Smith & Nephew. However, trading volumes were extremely light with several Europ
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Medical device maker Smith & Nephew was a high riser again after reports yesterday suggested that US peer Stryker was working on a bid for the firm. While the rumours were denied by Stryker, Smith & Nephew's share price was continuing to extend gains this morning after Credit Suisse said it sees "me
Read moreRetail stocks were off shopping lists on Thursday as results from B&Q owner Kingfisher left investors unimpressed. Europe's biggest home improvement retailer, which also owns Screwfix and Mr Bricolage in France, saw shares fall after reporting retail profits of £142m in the three months ended May 3
Read moreKingfisher Chief Executive Sir Ian Cheshire hailed a "strong start to the year" for the DIY retailer, but first-quarter results failed to impress the market on Thursday with profits coming in shy of analysts' forecasts. Europe's biggest home improvement retailer, which owns the B&Q and Screwfix cha
Read moreLONDON (Alliance News) - Home improvement retailer Kingfisher is the biggest decliner on the FTSE 100 Thursday after it warned that it expects tougher trading in the second quarter against stronger comparatives, and said its margins had been hit by discounts in its kitchens an
Read more- FTSE 100 nears two-week high, S&P 500 to retest records - US GDP revisions due out this afternoon - Smith & Nephew extends gains amid M&A speculation - Kingfisher disappoints with Q1 results techMARK 2,815.99 +0.58% FTSE 100 6,872.56 +0.31% FTSE 250 16,017.89 +0.52% UK stocks were heading toward
Read more(Item published at 1209 BST and 1218 BST misstated the surname of Aggreko's interim CFO. The correct version follows.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WIN
(An item published at 1209 BST misstated the first name of Aggreko's incoming chief executive. The correct version follows.) LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday.
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FTSE 100 - WINNERS
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Smith & Nephew, up 4.1%. Shares in the medical technology company have r
* Q1 operating profit up 20 pct to 142 mln stg * UK sales weaker than hoped * France weighed down by weak market (Writes through, adds details) By Neil Maidment LONDON, May 29 (Reuters) - Shares in Kingfisher, Europe's biggest home improvements retailer, fell 6 percent o
Read moreLONDON (Alliance News) - The following is a summary of top news stories Thursday.
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COMPANIES
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Hedge fund manager Man Group PLC confirmed it is in talks to buy quantitative hedge fund specialist Numeric Holdings LLC. In a
LONDON (Alliance News) - UK stocks are trading modestly higher Thursday, although volumes remain light with half of Europe closed for the Ascension Day holiday and no economic data due until the afternoon, when revised US GDP numbers are released. "Trade volumes on the FTSE are basically ab
Read more- Smith & Nephew up as M&A speculation continues - Kingfisher disappoints with Q1 results - FTSE 100 on track to hit two-week high - Chinese stimulus, US GDP in focus - Rates to rise "sooner rather than later", says MPC's Weale techMARK 2,803.00 +0.11% FTSE 100 6,866.03 +0.22% FTSE 250 15,947.93 +0
Read moreLONDON (Alliance News) - B&Q and Screwfix owner Kingfisher PLC Thursday reported a strong increase in its retail profit for the first quarter, helped by robust trading in the UK and Poland, but saw its share drop as it warned of tougher trading in the second quarter against stronger comparatives
Read moreThe FTSE is set for a modest rise early on in today's session after what has so far been a week of rangebound trading for markets, with investors continuing to seek firmer direction. Blue chips are expected to open five points higher than yesterday's close of 6,851.22, with gains likely to be limi
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