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LONDON, May 2 (Reuters) - State-backed Royal Bank of
Scotland said it does not intend to settle early with
investors who claim they were misled over its 12 billion pound
($20.27 billion) rights issue six years ago and are suing it for
billions of pounds. Hundreds of investors, including som
- FTSE closes up 69.75 points at 6,769.91
- Q1 GDP rises 0.8 per cent
- Tensions ease in Eastern Europe
techMARK 2,791.25 +0.74%
FTSE 100 6,769.91 +1.04%
FTSE 250 15,896.64 +0.44%
It was an upbeat finish for UK stocks today, with financial companies leading the way on the back of strong UK gross d
Gas giant BG Group clawed back some of yesterday's heavy losses which came after it delivered a double blow to investors, announcing the departure of Chief Executive Chris Finlayson and warned its 2014 production levels would be at the lower end of expectations due to challenges in Egypt.
Financia
- AB Foods jumps, ARM and Sports Direct fall
- UK borrowing falls more than expected
- Chinese manufacturing still in contraction
- Eurozone business activity improves
techMARK 2,740.84 +0.09%
FTSE 100 6,670.05 -0.18%
FTSE 250 15,991.94 -0.56%
UK stocks pulled back from a three-week high on Wednes
- AB Foods jumps on Primark expansion plans
- Stocks rise, but upside limited
- BoE minutes, economic data ahead
- Chinese manufacturing PMI contracts again
techMARK 2,749.64 +0.41%
FTSE 100 6,688.65 +0.10%
FTSE 250 16,067.20 -0.09%
UK stocks edged higher on Wednesday morning with Primark owner As
LONDON, April 22 (Reuters) - Legal & General Investment
Management's (LGIM) senior bond fund manager Richard Hodges
plans to leave the company in October after seven years, the
company said on Tuesday. Hodges has resigned in order to pursue other opportunities
and will hand over management
Goldman Sachs has removed Imperial Tobacco from its 'Conviction List', saying it sees less potential upside from current levels. Nevertheless, the bank kept its 'buy' recommendation and 2,780p target price.
Since being added to the Conviction List at the end of January, the stock has gained nearly
Berenberg has said that Legal & General remains its 'preferred play' in the life insurance sector following the recent major shake-up of the annuity and savings markets in the UK.
The broker called it a "brave new world" for the industry which will be transformed by the end of quasi-compulsory annu
LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Thursday. ------- FTSE 100 - WINNERS ------- RSA Insurance Group, up 2.3%. The insurer said it has sold its operations in the Baltics and Poland for GBP30