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- German Ifo index better than expected - IMI rises strongly after first-quarter update - SuperGroup plummets after profit warning London's blue chip index was trading slightly higher on Friday morning after a better-than-expected reading of Germany sentiment. SuperGroup was a heavy faller on the F
20 Apr 12 08:38ARM Holdings: Jefferies raises target from 466p to 485p, underperform rating kept. Debenhams: UBS raises target from 75p to 80p, neutral recommendation kept; Nomura ups target from 81p to 90p, neutral rating kept. IMI: Investec maintains buy rating, 1,180p target under review. Intermediate Capita
20 Apr 12 08:25- Financials, ex-div stocks weigh down Footsie - BoE's Miles alone on more QE - Italy may delay achieving balanced budget by a year The Footsie finished firmly lower on Wednesday afternoon despite some positive domestic jobless figures, as concerns over the Eurozone continued to dampen sentiment. S
18 Apr 12 16:34- Footsie at intraday high by the close - Economic data from Eurozone and US boost buying - Banks and miners lead risers in London London's FTSE 100 index surged by nearly two per cent on Tuesday, as upbeat economic data from the Eurozone and US provided a spark in the banking and mining sectors. M
17 Apr 12 16:59Banks were performing well on Tuesday, following the sell-off seen the day before on the back of Eurozone debt worries. Economic data from both Europe and the US came in broadly better-than-expected, lifting optimism about the global outlook. In particular, Spain issued €3.18bn in short-term govern
17 Apr 12 16:26Underlying revenue growth at luxury brand Burberry eased in the fourth quarter owing to a slowdown in growth at its Wholesale division, sending the stock into the bottom spot on the leaderboard. Total revenue grew to £1,027m in second half ended March 31st, from £877m in the same period the year b
17 Apr 12 14:55- Spain sees strong demand at debt auction - German ZEW surprises to the upside - Barclays leads banks higher after BofA note Gains for London's blue chip index had been extended by Tuesday lunchtime after some positive newsflow from Europe and a rebound in the banking sector. Spain issued €3.18bn
17 Apr 12 11:39- Burberry, M and S tumble after trading updates - Banks in demand after yesterday's fall - Eyes on Spanish bond auction UK blue chip stocks opened broadly higher on Tuesday morning, as a rebound in the banking sector offset some poorly received trading updates from Burberry and Marks and Spencer.
17 Apr 12 08:38- Int'l Power leads risers after bid from GDF - Energy stocks lifted by JP Morgan - Financials weighed down by euro worries The FTSE 100 finished slightly higher on Monday with investors shrugging off concerns about the Eurozone periphery as sentiment was lifted by upbeat economic data and the Citi
16 Apr 12 16:59Rising higher was utilities firm International Power after French shareholder GDF SUEZ raised its bid from 390p to 418p per share. Investec said today that it does not foresee much regulatory risk to the take-over given that GDF already owns 70 per cent of the company. The financial sector was be
16 Apr 12 14:25- Int'l Power rises strongly after GDF SUEZ bid - Spanish 10-year bond yield above six per cent - Lloyds leads financials lower Despite a sell-off in the heavyweight banking sector and the soaring borrowing costs on Spanish debt, the Footsie had extended gains by lunchtime with International Powe
16 Apr 12 11:38The Co-operative Society is reportedly set to make a decision this week on whether it should press on with its tortuous negotiations with Lloyds Banking Group over the acquisition of 632 branches from the part-nationalised lender. The Financial Services Authority (FSA) has put a road block on progr
16 Apr 12 08:37- Spanish 10-year bond yield above six per cent - Banks under pressure, Moody's delays ratings decision - Int'l Power rises strongly after GDF SUEZ bid London's blue chip index opened moderately higher despite a fall in the banking sector. International Power was leading the risers after receiving
16 Apr 12 08:33Britain is close to agreeing a new £10bn commitment to the International Monetary Fund as the Bretton Woods institution seeks to double its war-chest at its spring meeting this week. George Osborne is expected to support the IMF's calls for greater resources in back-room negotiations, but will only
16 Apr 12 06:57- Macro data scares away bulls - Financials drag blue-chip index lower - Footsie down 1.3 per cent on the week The Footsie finished Friday's session close to its worst levels of the day as investors fretted about the global economic outlook; data from China and the US came in worse-than-expected a
13 Apr 12 16:36
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