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Shares in the UK's largest tile and wooden flooring specialist, Topps Tiles, have not escaped the sell-off which has laid many small company shares low since the start of March. As the company explained to investors on Tuesday, however, it has enjoyed a 'good start' to the second half. Boosted by hi
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* U.S. bond prices rise on Fed official's comments * Australian dollar slumps * Wall Street off as retail earnings disappoint * Investors eye Thailand martial law declaration (Updates prices, adds oil closing prices) By Caroline Valetkevitch NEW YORK, May 20 (Reute
Read more* U.S. Treasuries nearly flat * Wall Street off as retail earnings disappoint * Investors warily eye Thailand martial law declaration (Updates prices, adds oil closing prices) By Caroline Valetkevitch NEW YORK, May 20 (Reuters) - Global stock indexes declined on Tuesday
Read more(Adds links to related stories) By Kate Holton LONDON, May 20 (Reuters) - Britain's Vodafone said next year's earnings would be hit by vital investment in its network, as it again wrote down the value of some of its European business - this time by 6.6 billion pounds - owing to tough
Read more- 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 moreBy Kate Holton and Devidutta Tripathy LONDON/NEW DELHI, May 20 (Reuters) - Vodafone boss Vittorio Colao has challenged India's new government to back up its pro-business credentials by resolving the telecoms group's long-running tax dispute in the country. The British company became I
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LONDON (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
Read moreBT Group led fixed line telecommunication stocks higher after revealing plans to create 1,600 new engineering jobs as part of plans to roll out fibre broadband across the UK. BT's Openreach business on Monday said it expected a significant number of the new jobs to be filled by ex-servicemen and wo
Read moreVodafone was a notable faller today after it said earnings came in just shy of consensus forecasts in the year to end-March, though the mobile operator confirmed its expected final dividend of 7.47p per share. Group revenue sank 1.9% in line with the consensus to £43.6bn, with organic service reven
Read moreVodafone can return to growth, but faces risks from regulation and competition, broker Goldman Sachs said. The mobile phone operator on Tuesday reported a mixed performance in the year to March, with competitive, regulatory and macroeconomic pressures sparking several write-downs in Europe, where i
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 moreLONDON (Alliance News) - US stocks are set to open quietly Tuesday as another sparse economic data calendar provides little to drive investor sentiment one way or the other. The DJIA and the S&P 500 both reached all-time highs one week ago, but since then, the US corporate earnings season has mos
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 moreVodafone shares off more than 4 percent and drop to their lowest since announcement of the $130 billion Wireless deal with Verizon in September last year. ** Company reports 6.6 billion pound dent to 2014 results from writing down value of European ops. [ID;nL6N0O619R] ** Competition,
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
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