Latest Investment News
The latest news on equities, commodities, and bonds:
March 17, 2010
European markets saw gains Wednesday.
The FTSE 100 was 0.43 percent higher to 5,644.63 in London, while the FTSE 250 added 0.79 percent to 10,008.5.
Shares in the travel and leisure sector were in focus on the 250, where public transport operator Arriva (LSE: ARI) added 16.82 percent to lead the index and all shares in London after it said it ...
Arriva adds nearly 17 percent on bid possibility
by Elaine Frei
Ethical investments could increase 1000% this year
by David Masters
March 16, 2010
European markets were higher Tuesday, with gains coming after Standard & Poor’s issued a report saying that Greece is likely to meet immediate goals toward righting its troubled economy.
The FTSE 100 was up 0.48 percent to 5,620.43 in London, while the FTSE 250 added 0.52 percent to 9,930.04.
The biggest gain in London came on the 250, where investment bank Close ...
Close Brothers Group leads gains in London
by Elaine Frei
March 15, 2010
European equities markets were lower Monday on concerns following a report from Moody’s Investors Services that the credit ratings of the United States and European nations such as the UK, Germany and France could be threatened.
The FTSE 100 was 0.57 percent lower to 5,593.85 in London, while the FTSE 250 fell 0.63 percent to 9,879.01.
Most companies dealing with basic resources ...
Eurasian Natural Resources leads FTSE 100 lower
by Elaine Frei
March 12, 2010
Most European equities markets were higher Friday, although the CAC-40 was 0.04 percent lower to 3,927.4 in Paris.
The FTSE 100 added 0.15 percent to 5,625.65 in London, while the FTSE 250 gained 0.88 percent to 9,941.56.
British Sky Broadcasting Group led gainers on the 100, adding 5 percent on rumors that News Corp (NYSE: NWS) could be getting ready ...
BSkyB adds 5 percent on News Corp bid rumors
by Elaine Frei
March 11, 2010
European equities markets were lower Thursday after new data from China showed that nation’s inflation hit a sixteen month high in February, causing concerns that China will tighten its monetary policy further.
The FTSE 100 was down 0.41 percent to 5,617.26 in London, while the FTSE 250 dropped 0.11 percent to 9,854.44.
Most miners saw declines on the news from China as investors ...
Hochschild Mining leads sector lower
by Elaine Frei
March 10, 2010
Equities markets in the Asia-Pacific region were higher Wednesday.
The FTSE 100 added 0.68 percent to 5,640.57 in London, while the FTSE 250 was up 0.93 percent to 9,865.29.
Inter-dealer money brokers led both the 100 and the 250, with Tullett Prebon (LSE: TLPR) gained 25.73 percent on the 250 after it was identified as a possible takeover target of foreign ...
ICAP, Tullett Prebon lead 100, 250 in London
by Elaine Frei
March 9, 2010
Equities markets in Europe were mixed Tuesday.
The FTSE 100 was down 0.08 percent to 5,602.3 in London, while the FTSE 250 fell 0.12 percent to 9,774.68.
Waste management company Shanks Group (LSE: SKS) was the biggest decliner of the day in London as it dropped 15.12 percent on the 250 after its board of directors rejected a takeover offer.
The real estate sector ...
Shanks Group down on rejected bid
by Elaine Frei
March 8, 2010
European equities markets were mixed Monday as London markets gained slightly but markets in Paris and Frankfurt were lower.
The FTSE 100 and FTSE 250 each added 0.12 percent on the session in London, to 5,606.72 and 9,786.39 respectively.
Forth Ports (LSE: FPT) was the biggest winner by far in London as it added 25.6 percent on the 250 after the ...
Forth Ports adds over 25 percent on offers
by Elaine Frei
March 5, 2010
European equities markets were higher Friday, at least partly owing to news from the US Labor department that the US economy lost only 36,000 non-farm jobs last month rather than the 50,000 decline that had been expected.
The FTSE 100 was up 1.31 percent to 5,599.76 in London, while the FTSE 250 added 1.13 percent to 9,774.72.
For the second ...
Schroders spends second day atop FTSE 100 leaders list
by Elaine Frei
Norway excludes tobacco investments from oil fund
by David Masters
March 4, 2010
European equities markets were mixed Thursday as miners declined on lower copper prices but most banks managed gains on the session.
The FTSE 100 was 0.11 percent lower to 5,527.16 in London, but the FTSE 250 added 0.55 percent to 9,665.29.
Asset management group Schroders (LSE: SDR; SDRt) led gainers on the 100 as non-voting shares were up 6.39 percent and voting shares added ...
Schroders leads 100 in London
by Elaine Frei
Kirk organises fair finance conference
by David Masters
March 3, 2010
European equities markets were higher Wednesday as miners saw gains on higher metals prices and after Greece’s cabinet approved new measures to try to get the nation’s debt under control.
The FTSE 100 added 0.9 percent to 5,533.21 in London, while the FTSE 250 was up 0.14 percent to 9,612.17.
Most miners were higher on the session, with three groups in the sector placing ...
Miners lead London markets higher
by Elaine Frei
March 2, 2010
European markets were up Tuesday, pushed higher by banks and miners.
The FTSE 100 added 1.45 percent to 5,484.06 in London, while the FTSE 250 gained 1.25 percent to 9,598.65.
British Airways (LSE: BAY) led the 100 as it added 6.17 percent, while the best performances in London came over on the 250 as plastics group Filtrona PLC (LSE: FLTR) and IT services ...
British Airways leads 100 higher
by Elaine Frei
Buffett confident of US housing market recovery
by Kay Murchie
March 1, 2010
European markets were higher Monday as commodities prices jumped, but some insurers were lower on the session.
The FTSE 100 added 0.96 percent to 5,405.94 in London, while the FTSE 250 gained 1.45 percent to 9,479.83.
In a mixed insurance sector, Prudential (LSE: PRU) dropped 12.03 percent to lead declines on the 100 and in London after it said it will ...
Insurer Prudential drops 12 percent on acquisitions news
by Elaine Frei
February 25, 2010
The Office for National Statistics (ONS) has today reported a sharp fall in business investment, raising concern over the second estimate of fourth quarter GDP figures, which are due to be published tomorrow.
According to the ONS, business investment fell by 5.8% in the fourth quarter of 2009 to £27.1 billion - the steepest annual fall since records commenced in 1967.
On ...
UK business investment sees substantial fall
by Kay Murchie
February 24, 2010
European equities markets were mixed Wednesday.
In London, the FTSE 100 added 0.52 percent to 5,342.92 but the FTSE 250 was down 0.31 percent to 9,359.18.
The gains for the 100 came as most banks advanced after US Federal Reserve Chairman Ben Bernanke said that US interest rates will remain low for the time being.
Lloyds Banking Group (LSE: LLOY) led the sector with ...
Lloyds leads banks ahead of results
by Elaine Frei
February 19, 2010
Middle class parents are outraged at plans by the Conservative Party to limit Child Trust Funds (CTFs) to the poorest families if they win the next election.
Research by Family Investments found that eight in ten parents do no support the plans, announced by shadow chancellor George Osbourne earlier this month.
The study found that 96% of parents think CTFs are ...
Proposed Child Trust Fund cuts leave parents fuming
by David Masters