Shares Markets
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Shares Markets

Shares Markets

UK Share Trading News UK Shares News US Share Trading News US Shares News European Share Trading News European Shares News


The daily share trading update sponsored by paddypowertrader.

Share Trading - 1 Feb 2011


UK Share Trading News UK Share Trading News

  • BP – Co.’s Q4 net income USD 5.57bn vs. Prev. USD 4.3bn, and Q4 replacement cost profit USD 4.61bn vs. Prev. USD 3.45bn. Co. said Q4 results include USD 1bn spill charge.

    Co. reinstates quarterly dividend and said will pay USD 0.07 per ordinary share. Co.’s chairman said will grow the dividend level over time. Co. said it is on track to meet target of USD 30bn of divestments. (RTRS)

  • ARM Holdings – Co.’s Q4 revenue GBP 113.9m vs. Exp. GBP 105.8m, FY pretax profit GBP 167.4m vs. Exp. 137.5m, Co. says it is ‘well positioned’ to succeed in 2011. (Sources)

  • Autonomy Corp – Co. says 2010 adjusted gross profit rose 16% to USD 759m, says all 2010 financial metrics in line with analyst consensus estimates. (RTRS)

  • RSA Insurance – Co. shares rose on renewed rumours about a forthcoming bid from rival Aviva. (Daily Express)

  • National Grid – Co. says it is well positioned for 2010-11, with operating profit significantly ahead of 2009-10 and expects EPS to be broadly in line with the restated level for 2009-10. (Sources)

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US Share Trading News US Share Trading News

  • Equities finished in positive territory, mainly due to better than expected US Chicago Purchasing Manager report, as well as solid earnings from Exxon Mobil (+2.14%). The move higher was led by oil & gas and the basic materials sectors, which benefited from yet another rally in the energy complex with front month WTI crude futures topping USD 92.00 level.

    The latter half of the session saw little in terms of fresh news flow and resulted in subdued price action. Finally, at the closing bell DJIA closed up 0.58% at 11891.86, S&P 500 closed up 0.77% at 1286.11 and NASDAQ 100 closed up 0.50% at 2281.91.

  • Anadarko - Q4 EPS ex-items USD 0.29 (has items cutting EPS by USD 0.07) vs. Exp. USD 0.21, Q4 revenue USD 2.69bn vs. Exp. USD 2.61bn. Co. said it is positioned to deliver upon strategic plan laid out last March. (RTRS)

  • Health Care Sector - US Judge issues a ruling in a health care lawsuit against the Obama health care reform act stating that the act is unconstitutional. (Sources)

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European Share Trading News European Share Trading News

  • Banks in Sweden will outperform their European competitors in revenue growth this year as a faster economic expansion and higher central bank borrowing rates boots interest income, analysts said. (MF Global)

  • Telefonica – Co. would be interested in bidding for Etecsa if privatised. (Cinco Dias)

  • Telecom Italia – Co. is not planning to sell any more assets after the sale of its 27% stake in Etecsa (Il Corriere della Sera)

  • Sanofi-Aventis – Co. is close to securing a takeover of Genzyme, with a contingent value right (CVR) set to clinch the deal. (NY Times)

  • Accor – Co. plans 18 new hotels in the Middle East in the next three years. (Khaleej Times)

  • Renault – Co. says estimates 2010 automobile operating free cash flow of EUR 1.67bn. (RTRS)

  • Peugeot/BMW – Companies will sign a binding agreement tomorrow to cooperate in hybrid technology. (FAZ)

  • Aperam – Co. is being removed from the CAC, effective 01/02/11. (Sources)

For more on spread betting on European shares see:


Data provided by RANsquawk. The above comments do not constitute investment advice. Paddypowertrader, RANsquawk and Clean Financial do not accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided. All reasonable efforts have been made to present accurate information.


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Article edited by paddypowertrader which is a trading name of London Capital Group Ltd which is authorised and regulated by the Financial Services Authority (FSA), FSA Register number 182110.

'Shares Markets' edited by paddypowertrader, updated 01-Feb-11



Shares Markets Index - an index of articles looking at some of the World's leading companies and their shares.


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Risk Warning: Spread betting and CFD trading carry a high level of risk to your capital and you may lose more than your initial investment. Spread betting and CFD trading may not be suitable for all investors. Only speculate with money that you can afford to lose. Please ensure you fully understand the risks involved and seek independent financial advice where necessary.

The contents on CleanFinancial.com are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice.

Neither CleanFinancial.com nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.


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