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LONDON (Alliance News) - UK shares have opened lower Wednesday, following a negative lead from Wall Street and Asia and ahead of the release of central bank meeting minutes in the UK and US.
A few interesting executive changes have been announced before the London open Wednesday.
- FTSE closes down 42.55 points at 6,802 - Vodafone and M&S miss expectations - CPI rises 0.2 percentage points in April to 1.8 per cent techMARK 2,706.50 -0.48% FTSE 100 6,802.00 -0.62% FTSE 250 15,440.25 +0.40% Significant falls by a number of blue chip heavyweights ensured a negative finish for
Read moreLONDON (Alliance News) - The FTSE 100 and FTSE 250 moved in opposite directions Tuesday, as London's major stocks indices closed mixed, driven by some big moves by individual stocks. The UK's blue-chip index closed at its lowest level for almost two weeks, as it was weighed upon by some of
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* M&S FY underlying pretax profit 623 mln stg, down 3.9 pct * FY sales 10.3 bln stg, up 2.7 pct but below target * Forecasts higher margins, capex drop, possible cash return * No annual bonus to be paid to any employee * Shares fall 3.8 pct (Adds detail, background, CFO
Read moreLONDON (Alliance News) - The European Commission Tuesday said it will press ahead with a probe into Credit Agricole, HSBC Holdings and JP Morgan after they refused to join other lenders in a settlement last year over suspected manipulation of the Euribor interest-rate benchmar
Read more- CPI above forecasts due to impact of Easter - China faces arduous task meeting growth target - Russia being pulled into a second Cold War techMARK 2,716.85 -0.10% FTSE 100 6,814.89 -0.43% FTSE 250 15,454.01 +0.48% Stocks were holding slightly lower come midday following the release of a bit high
Read moreLONDON, May 20 (Reuters) - Marks & Spencer's chief executive Marc Bolland said none of its executives or staff would receive a bonus this year, after the British retailer posted its third straight year of declining profits. The company's chief executive was speaking to reporters at an event
Read moreLONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices midday Tuesday.
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FTSE 100 - WINNERS
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Carnival, up 4.3%. The world's largest cruise ship operator said Tuesday that
LONDON (Alliance News) - The following is a summary of top news stories Tuesday.
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COMPANIES
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Marks and Spencer Group PLC reported its third consecutive annual drop in a closely-watched profit measure, as the retailer con
MUMBAI, May 20 (Reuters) - Britain's largest clothing retailer Marks & Spencer on Tuesday said it will open a hundred stores in India by 2016 instead of 86 as planned last year. The clothing retailer, which runs 40 stores in the country, said its Indian same-store-sales grew 13 percent in t
Read moreLONDON (Alliance News) - UK stocks are trading mixed Tuesday, with the the FTSE 100 being held back by some if its biggest constituents for the second consecutive day, while the the pound has jumped to a four-day high against the dollar after UK inflation data showed prices rising faster than exp
Read more- China faces arduous task meeting growth target - Russia being pulled into a second Cold War - New blood at the Bank of England may be a good thing, FT writes techMARK 2,718.30 -0.04% FTSE 100 6,828.87 -0.23% FTSE 250 15,474.82 +0.62% Stocks moved slightly lower after China's Commerce Ministry sa
Read moreLONDON (Alliance News) - British high street chain Marks and Spencer Group PLC Tuesday reported its third consecutive annual drop in a closely-watched profit measure, as the retailer continued to struggle to entice customers to buy its clothing range and general merchandise offering against bette
Read moreLONDON (Alliance News) - Company acquisitions and disposals have roared back to the fore Tuesday, with RSA Insurance, London Stock Exchange, Wolseley, RPS, Cobham and others all making pre-market announcements
Read more- Pre-tax profit falls 3.9 per cent - Sales at general merchandise weigh on results - Dividend unchanged Marks and Spencer (M&S) reported a 3.9 per cent fall in annual pre-tax profit to 623m pounds, reflecting a drop in sales at the struggling general merchandise division. The consensus estimate
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