UK Markets / US Markets
updated 06-Aug-10 |
A daily snapshot of the UK and US financial markets. For a quick update of the markets and...read more >>
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UK Markets / US Markets Snapshot
updated 05-Aug-10 |
A look at both the UK markets and US markets. Each morning we offer a quick review of...read more >>
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AstraZeneca Boosts Pharmaceutical Sector on Income Report
updated 29-Jul-10 |
AstraZeneca is up 4.2%, after announcing rise in its second quarter net income. Shire and Smith & Nephew have added...read more >>
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US Banks Rise on Rumour of Delay to Capital Rules
updated 28-Jul-10 |
Citi Group, Bank of America and JPMorgan Chase, advanced between 0.2% and 0.9%, amid reports that the stringent Basel III capital rules would...read more >>
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FTSE 100 Spread Betting Market Rises on Banking Strength
updated 27-Jul-10 |
FTSE 100 is up 0.7%, at 5,388.6. FTSE 250 is up 0.5%, at 10,187.5. Barclays, Lloyds and RBS have gained...read more >>
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US Indices Spread Betting Markets Settle Higher
updated 26-Jul-10 |
DJIA gained 1.0% to settle at 10,424.62. Nasdaq added 1.0% to close at 2,269.5. S&P 500 closed...read more >>
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Rising Miners Attributed to Commodity Spreads Improvement
updated 23-Jul-10 |
Kazakhmys, Anglo American, Xstrata and BHP Billiton have gained between 1.0% and 2.7%, in line with rise in base metal...read more >>
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European Spreads Rise on Upbeat Economic Data
updated 22-Jul-10 |
European markets are trading higher, after upbeat economic data in Europe lifted investor sentiments. DAX Xetra 30 is up 0.2%, to 6,001.3. CAC 40 is up...read more >>
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Increasing Crude Oil Spreads Buoy Oil Companies
updated 21-Jul-10 |
Chevron and Exxon Mobil gained 1.5% and 0.9%, respectively, as crude oil prices...read more >>
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Cable and Wireless Slumps on Expectations of Lower Growth
updated 20-Jul-10 |
Cable & Wireless has plunged 16.7%, after stating that it expects EBITDA to have 'somewhat slower growth' for the...read more >>
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UK Shares Spread Betting Markets Fall on Banking Weakness
updated 19-Jul-10 |
Barclays has dropped 1.4%, after it sold $75 million of 15-year callable step-up notes. RBS, Lloyds and HSBC are also...read more >>
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US Banking Shares Weaken Ahead of Results
updated 16-Jul-10 |
Bank of America and Citigroup fell 1.8% and 1.2%, respectively, ahead of their results scheduled today, while JP Morgan gained 0.3%, after...read more >>
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UK Mining Stocks Pull Back on Slower Chinese Growth
updated 15-Jul-10 |
Kazakhmys, Xstrata, Antofagasta, Vedanta Resources and Rio Tinto are down between 0.8% and 1.9%, after slower than...read more >>
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US Banks Rise on Financial Reform Bill Hopes
updated 14-Jul-10 |
Goldman Sachs, Citigroup and JPMorgan, rose between 2.2% and 4.6%, on hopes that the financial reform bill would...read more >>
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Johnson & Johnson Bid Causes Micrus Endovascular Rise
updated 13-Jul-10 |
Micrus Endovascular climbed 4.5%, as Johnson & Johnson stated that it would buy the stock for about $480 million to expand its...read more >>
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US Shares Perform Well Ahead of Reporting Season
updated 12-Jul-10 |
Alcoa, JPMorgan Chase and Bank of America, rose in the range of 1.7 to 2.1%, on optimism that the companies' quarterly results...read more >>
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US Indices Make Gains After IMF Raises Targets
updated 09-Jul-10 |
DJIA climbed 1.2% to 10,139.0. Nasdaq 100 rose 0.7% to 2,175.4. S&P 500 index closed 0.9% higher, at...read more >>
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US Technology Shares Outperform
updated 08-Jul-10 |
Cisco Systems, Hewlett-Packard and Intel advanced 5.3%, 4.2% and...read more >>
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Broker Downgrades See Travel Shares Decline
updated 07-Jul-10 |
TUI Travel and Thomas Cook Group have declined 1.6% and 2.7%, respectively, after a broker reduced their...read more >>
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UK Shares Spread Betting Markets Rise
updated 06-Jul-10 |
Barclays is up 3.7%, Aviva has gained 2.5% and Vedanta Resources has added...read more >>
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European Indices Spreads Trade Lower
updated 05-Jul-10 |
CAC 40 has dropped 0.2% to 3,342.7. DAX Xetra 30 is down marginally to 5,833.0. Banking stocks are...read more >>
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US Banking Stocks Weaken on Broker Downgrades
updated 02-Jul-10 |
Morgan Stanley and JPMorgan slipped 0.5% and 1.3% respectively, after brokers lowered earnings estimates on these...read more >>
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UK Realty Stocks Move Lower on Broker's Downgrades
updated 01-Jul-10 |
Realty stocks were trading sharply lower, with Segro, Land Securities, Hammerson and Great Portland Estates, trading lower between...read more >>
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US Debit Card Companies Pull Back on Moody's Report
updated 30-Jun-10 |
Bank of America, Wells Fargo and JPMorgan declined between 3.8% and 4.4%, following a report by Moody's that the three largest US debit card issuers may...read more >>
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Standard Chartered Leads UK Banks Higher
updated 25-Jun-10 |
Standard Chartered up 2.8%, led banking stocks higher, after a financial stability report from the Bank of England. Homebuilder, Berkeley Group, rose...read more >>
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US Technology Companies Trade Lower
updated 24-Jun-10 |
Microsoft, Intel and Cisco Systems shed 1.8%, 0.8% and 0.5%, respectively. Anadarko Petroleum, Exxon Mobil and...read more >>
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Kesa Moves Higher Following Yearly Results
updated 23-Jun-10 |
Kesa Electricals and Stagecoach are up 5.0% and 2.4%, respectively, after announcing results for the year. The BoE decided to keep its...read more >>
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UK Shares Open Lower Ahead of Emergency Budget
updated 22-Jun-10 |
UK stocks open lower, ahead of the coalition government's eagerly awaited emergency budget. Miners, Fresnillo, Antofagasta and Anglo American, are...read more >>
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US Banks Rise Amid Greater Clarity on Legislation
updated 21-Jun-10 |
JPMorgan Chase, Goldman Sachs and Citigroup traded higher, amid more clarity about how changes in bank reform legislation would affect the...read more >>
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Broker Downgrades Lead UK Stocks Lower
updated 18-Jun-10 |
Capita Group, Hikma and Serco Group are 1.8%, 1.1% and 0.8% down, respectively, on broker downgrades. Commodity sector stocks are...read more >>
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Mining Weakness Holds Back FTSE Gains
updated 17-Jun-10 |
Miners are limiting the rise, with Fresnillo, Xstrata, Vedanta Resources, Kazakhmys, Antofagasta and Rio Tinto trading in the...read more >>
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Sainsbury's Helps FTSE 100 Trade Higher
updated 16-Jun-10 |
J Sainsbury is trading 0.7% higher, after the company's first-quarter comparable sales rose 4.6%. FTSE 100 is trading 0.3% higher at...read more >>
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BSkyB Surges After Rejecting News Corp Bid
updated 15-Jun-10 |
BSkyB is leading the index gains, surging 19.0%, after it rejected an offer of 700 pence a share from News Corp., citing that the current bid undervalued the...read more >>
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Commodity Prices Rise on Chinese Export Data
updated 14-Jun-10 |
Rising commodity prices, and the return of risk appetite last week following the release of better-than-expected Chinese export data, kept commodity sector stocks...read more >>
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Miners Weaken as Australian PM Plays Down Super Tax Negotiation
updated 11-Jun-10 |
Antofagasta fell 1.6%, while Rio Tinto lost 0.9% after the Australian Prime Minister downplayed a report that the government would be considering...read more >>
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BoA Falls as Santander Agree to Buy Back Mexican Stake
updated 10-Jun-10 |
Bank of America fell 2.1%, after Banco Santander agreed to buy back a stake in its Mexican unit sold to Bank of America in...read more >>
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RBS Pushes Higher After Stepping Up Asset Sell-Off Programme
updated 09-Jun-10 |
RBS is trading 1.9% higher, after reports that the company has stepped up its asset sell-off programme, shortlisting two key businesses...read more >>
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Google Faces Mounting Pressure to Give Up Personal Data
updated 08-Jun-10 |
Technology stocks, Research in Motion and Google, dropped 5.2% and 2.7% respectively, amid worries about the former's BlackBerry sales and after...read more >>
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Commodity Stocks Move Lower on Weaker Prices
updated 07-Jun-10 |
Metal and commodity stocks traded lower, feeling the pressure of lower commodity prices. Alcoa traded 4.7% lower, while...read more >>
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Aviva Rises After Goldmans Speculates on Rights Issue
updated 04-Jun-10 |
Aviva, up 4.1%, led insurers higher after Goldman Sachs upgraded the stock to 'Buy' from'Neutra' and added the shares to its 'Conviction Buy' list. Goldmans cited...read more >>
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GlaxoSmithKline Benefits From Upgrade
updated 03-Jun-10 |
GlaxoSmithKline added 2%, as Jefferies International upgraded the stock to ?Buy? from ?Hold?. National Grid, Marks & Spencer and...read more >>
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Rising Metal Prices Boost UK Mining Shares
updated 28-May-10 |
Miners, Vedanta Resources, Fresnillo, Kazakhmys and Anglo American advanced 6.4%, 4.7%, 4.0% and 3.8%, respectively, as base metal prices...read more >>
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Microsoft Leads Tech Stocks Lower on Ballmer Comments
updated 27-May-10 |
Microsoft, down 4.1%, led technological stocks lower, after its Chief Executive Officer, Steve Ballmer, stated the effects of the debt crisis would not...read more >>
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US Banking Stocks Trade Higher
updated 26-May-10 |
Goldman Sachs, Morgan Stanley, JP Morgan Chase and Bank of America advanced 4.3%, 1.4%, 0.8% and 0.6%, respectively, aided partly by a statement from...read more >>
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UK Banks Perform Well as US Housing Sales Rise
updated 25-May-10 |
Standard Chartered, Barclays, Royal Bank of Scotland and HSBC climbed 1.2%, 0.7%, 0.3% and 0.2%, respectively, after data...read more >>
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US Banks Rise as Most Strict Measures Miss Out on Bill
updated 24-May-10 |
American Express, Bank of America and JPMorgan Chase, surged between 3.1% and 5.9%, as most controversial measures to...read more >>
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National Grid Weakens After Announcing Rights Issue
updated 21-May-10 |
National Grid dropped 7.0%, after the company stated that it would raise 3.2 billion Pounds through a rights offer to fund...read more >>
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Rolls-Royce Dips as CEO Sells Shares
updated 20-May-10 |
Rolls-Royce Group was down 4.6%, after the company's Chief Executive Officer, John Rose, sold 400,000 ordinary shares at 597.38 pence each on...read more >>
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Miners Track Metal Prices Higher
updated 19-May-10 |
Rio Tinto, Xstrata and BHP Billiton, rose between 1.6% and 2.7%, tracking the upward movement in base metal prices and amid speculation that...read more >>
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BA Cabin Crew Walkout Likely to Go Ahead
updated 18-May-10 |
British Airways eased 1.2%, on indications that talks to halt a strike by cabin crew on Tuesday were not likely to succeed. Thomas Cook and TUI Travel edged...read more >>
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Wolsely Rises on Positive Results News
updated 17-May-10 |
Wolseley gained 5.0%, after the company stated that it forecasts trading profit above £347.0 million, surpassing market expectation. Lonmin shed...read more >>
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US Banks Slide as New York Prosecutors Probe Firms
updated 14-May-10 |
Banks, JPMorgan Chase, Citigroup and Bank of America, dropped between 1.2% and 2.2%, on news that New York prosecutors are probing...read more >>
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Travel Shares Rise After Broker's Upgrade
updated 13-May-10 |
Tour operators, TUI Travel, Thomas Cook and Carnival rose 6.5%, 6.0% and 1.7%, respectively. TUI Travel gained 6.5%, after brokers, including Merrill Lynch, reiterated...read more >>
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Mining Stock Falls on Weaker Metal Prices
updated 12-May-10 |
Miners, Xstrata, Rio Tinto, Vedanta, Lonmin, Anglo American and Kazakhmys dropped between 1.9% and 4.2%, inline with the fall in metal prices, after inflation hit...read more >>
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UK Markets Surge as Insurers Push Higher
updated 11-May-10 |
The FTSE 100 climbed 5.2% to 5,387.4 whilst the FTSE 250 surged 5.4% to 10,004.8. Insurers, Aviva, Legal & General, Old Mutual and Standard Life also jumped...read more >>
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Banking Shares Decline on European Debt Fears
updated 10-May-10 |
Banks, Citigroup and JPMorgan paced declines, amid speculation that Portugal, Spain and Ireland might seek financial aid due to high deficits and...read more >>
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Suspected Trading Glitch Triggers Panic Selling on Equity Markets
updated 07-May-10 |
US markets finished in lower on Thursday for a fourth straight day, as a suspected trading glitch coupled with worries of a new credit crunch in Europe triggered panic selling among...read more >>
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Banking Sector Leads FTSE 100 Lower
updated 06-May-10 |
UK markets closed lower yesterday, with the FTSE 100 index registering its lowest level since February 2010, led by declines in banking sector stocks...read more >>
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Risk Aversion Sees Technology Shares Pull Back
updated 05-May-10 |
Technology stocks, Microsoft, Dell and Google, declined between 2.4% and 4.6%, as the risk aversion increased among investors, while Apple edged down...read more >>
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Miners Weaken Ahead of Potential Australian Tax
updated 04-May-10 |
BHP Billiton and Rio Tinto fell 3.1% and 4.4% respectively, as Bernstein Research forecasted that the companies' earnings could be trimmed by between 5% and 27% if Australia...read more >>
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Diageo Shares Rise as Peer Reports Good Results
updated 30-Apr-10 |
Drinks producer, Diageo added 2.5%, as its peer, Pernod Ricard, lifted its FY2010 profit target and posted better-than-anticipated third...read more >>
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US Banks Rise as Fed Maintains Cheaper Rates
updated 29-Apr-10 |
Banks, JP Morgan and Bank of America, rose 2.5% and 1.8% respectively, amid prospects for continuing liquidity at cheaper rates, as the Federal Reserve Bank reiterated its...read more >>
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Financial Sector Comes Under Pressure Over Goldmans Case
updated 28-Apr-10 |
The financial sector came under pressure as US senators accused Goldman Sachs of running a crooked casino and deceiving customers in a...read more >>
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Citigroup Weakens as US Treasury Authorises Shares Sale
updated 27-Apr-10 |
Citigroup plummeted 5.1%, after the US Treasury department authorised the sale of up to 1.5 billion of the bank's shares as a part of its strategy step to...read more >>
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Carnival Rises as Investors Speculate on Demand For Cruises
updated 26-Apr-10 |
Carnival ticked-up 5.9%, on hopes that affected air traffic across Europe due to an ash cloud from an erupting Icelandic volcano would result in a spike in demand for...read more >>
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BA Shares Fall as Icelandic Ash Cloud Closes Airspace
updated 23-Apr-10 |
British Airways tumbled 3.4%, after the International Air Transport Association forecasted that the effects of the Icelandic volcano had cost airlines revenues of more than...read more >>
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Supermarket Chains Benefit From Broker Upgrades
updated 22-Apr-10 |
Tesco and Wm Morrison Supermarkets gained 1.6% and 1.2% respectively, benefiting from broker upgrades. Marks & Spencer eased...read more >>
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RBS Rallies Over Possibility of Goldmans Payout
updated 21-Apr-10 |
RBS rallied 4.6%, as it continued to benefit from recent bullish broker comments and optimism that there might be some sort of pay-out from Goldman Sachs if...read more >>
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Citigroup Pushes Upwards on Strong Earnings Data
updated 20-Apr-10 |
Citigroup ticked-up 7.0%, after the company reported better-than-expected first-quarter FY2010 results. Goldman Sachs added 1.6%, rebounding from its...read more >>
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Goldman Sachs Tumbles as US SEC Sues Over Fraud
updated 19-Apr-10 |
Goldman Sachs, down 13%, led the banking sector lower, after the US Securities and Exchange Commission sued the company for misstating and...read more >>
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Media Shares Receive Boost From Brokers
updated 16-Apr-10 |
Media stocks, ITV, WPP and Aegis Group, recorded gains, after a broker raised its 2010 earnings forecasts across the media sector to...read more >>
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BT Moves Higher as Brokers Consider it Cheaper Than US Rivals
updated 15-Apr-10 |
BT Group rallied 4.4%, after a broker termed the stock as substantially cheaper than its US peers such as AT&T...read more >>
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Miners Weaken on Concerns Over Demand for Commodities
updated 14-Apr-10 |
Kazakhmys, Antofagasta and Vedanta Resource, lost between 2.3% and 3.2%, amid concerns of weak demand...read more >>
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Banking Shares Rise as Europe Sets Bailout Plan
updated 13-Apr-10 |
Barclays, HSBC, and Lloyds Banking Group, added between 0.5% and 2.3%, as investors heaved a sigh of relief that...read more >>
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US Indices Finish Sixth Consecutive Week Positively
updated 12-Apr-10 |
The DJIA, S&P 500 and NASDAQ index finished the week higher for the sixth consecutive week. The DJIA rose 0.6% to...read more >>
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BA Signs Deal to Create World's Third Largest Airline
updated 09-Apr-10 |
British Airways added 2.9% after signing an $8 billion merger agreement with Spain's Iberia to create the world's third-largest...read more >>
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Lower Oil Prices Weigh on Energy Stocks
updated 08-Apr-10 |
Petrofac, Cairn Energy and BG Group declined between 1.9% and 4.1%, as oil prices slipped below $86 per barrel. Petrofac declined...read more >>
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US Banks Perform Well After Fed Assurances
updated 07-Apr-10 |
Bank of America, JPMorgan and American Express rose between 1.05% and 1.99%, helped by assurances from the Federal Reserve in its...read more >>
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Mining Shares Move Higher as Base Metal Prices Rise
updated 06-Apr-10 |
Xstrata, Vedanta Resources and Anglo American, added between 2.5% and 4.1%, as base metal prices rose. Randgold Resources...read more >>
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US Markets Close Lower Amid Weak Employment Data
updated 01-Apr-10 |
US markets closed lower yesterday, as employment in the US private sector unexpectedly dropped and regional business activity grew...read more >>
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Risk Aversion Weakens UK Banking Shares
updated 31-Mar-10 |
Royal Bank Scotland, Barclays and Standard Chartered, lost between 1.4% and 3.4%, as risk aversion continued among...read more >>
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Crude Oil Prices Fall Below $80 and Cairn Energy Shares Rise
updated 30-Mar-10 |
BG Group, BP and Royal Dutch Shell, lost between 0.1% and 1.7%, as crude oil prices fell below $80 per barrel. However, Cairn Energy added 1.7%, after...read more >>
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Miners and Defensive Stocks Help UK Markets
updated 29-Mar-10 |
UK markets closed mixed yesterday, as gains in miners and defensive stocks were offset by losses in banks and energy stocks. The FTSE 100 rose...read more >>
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UK Markets / US Markets Index
updated 06-Aug-10 |
An index of articles looking at some of the World's leading companies and their shares...read more >>
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