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There was plenty of company news for traders to digest but also uncertainty ahead of the US Federal Reserve's decision on whether to embark on more quantitative easing, resulting in a flat performance from Footsie. The leading share index slipped in line with the US ahead of the close and finished
Read moreThe aerospace and defence is lower today, with high tech group Cobham bearing the brunt of the attack. Cobham said its commercial markets remain stable, but fragile, with some US customers still reluctant to put pen to paper. Elsewhere in the sector though, Rolls-Royce has moved slightly ahead aft
Read moreLondon is not short of corporate newsflow to generate share price movements among the blue-chips but the net effect has been to leave the Footsie little changed. Car insurer Admiral said not much has changed since August's interim results, but that simple affirmation of recent trends was enough to
Read moreThere is plenty of movement in share prices today, but with stocks moving in both directions, Footsie is little changed. Lloyds Banking's announcement of its new chief executive has attracted investor excitement. It has appointed Antonio Horta-Osorio, the head of Spanish bank Santander's UK busine
Read moreLloyds Banking has appointed Antonio Horta-Osorio, the head of Spanish bank Santander's UK business, as its new chief executive replacing Eric Daniels who is stepping down. Horta-Osorio, a Portuguese, has been a key figure behind the Spanish bank's expansion into the UK since he took up his current
Read moreA strong performance on Wall Street ahead of the US Federal Reserve's decision on whether to increase monetary stimulus measures - not to mention the mid-term election - helped sustain good gains in London. Sentiment here was buoyed by well-received results from some big names. Beleaguered oil gia
Read moreFootsie moved sideways over the lunch time session, as investors digested a busy morning of big company announcements. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill. The marke
Read moreInvestment house Killik has reiterated its positive recommendation on Lloyds Banking Group after the part nationalised lender's interim management statement indicated things are ticking along much as expected. "The Lloyds investment case is a simple one of recovery from the impact of the financial
Read moreInvestment house Killik has reiterated its positive recommendation on Lloyds Banking Group after the part nationalised lender's interim management statement indicated things are ticking along much as expected. "The Lloyds investment case is a simple one of recovery from the impact of the financial
Read moreCigarettes maker Imperial Tobacco topped market forecasts with its full year profits, and sharply reduced its debt. Adjusted profit before tax in the year to 30 September rose 10% to £2,467m from £2,233m the year before. The market had pencilled in a figure of £2.320m. Net debt was reduced by £1.5
Read moreFootsie has built on its earlier gains as investors react positively to updates. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill. The market had been expecting underlying net in
Read moreResults from the big guns reporting this morning have generally been favourable, helping Footsie to notch up decent gains so far. Beleaguered oil giant BP comfortably beat third quarter profit forecasts though it has had to take an additional $7.7bn charge in respect of the Gulf of Mexico oil spill
Read moreBetter margins at its core banking business and bad debts under control kept state-controlled bank Lloyds' recovery on track over the past three months, despite 'subdued' loan demand. "We continue to monitor the economic environment carefully but notwithstanding this we are pleased to be reporting
Read moreResults from the big guns reporting this morning have generally been favourable, but the Footsie is still tipped to open a few points lower, with traders reluctant to over commit ahead of today's US mid-term elections, not to mention the big decisions on quantitative easing from the Bank of England
Read moreA good early performance from Wall Street helped Footsie snap out of a weak spell to close in positive territory. US shares were boosted by a bigger than expected rise in factory output in October. The Institute for Supply Management's manufacturing index rose to 56.9 last month. Analysts thought
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