Latest Investment News
The latest news on equities, commodities, and bonds:
May 26, 2009
Most European equities markets were higher Tuesday, but London markets were mixed as the FTSE 100 added 1.06 percent to 4,411.72 but the FTSE 250 dropped 0.15 percent to 7,530.02.
Miners led both the 100 and 250, with Eurasian Natural Resources (LSE: ENRC) up 6.79 percent on the 100 while Hochschild Mining (LSE: HOC) led both the 250 and the sector ...
Miner Eurasian adds 6.79 percent in London
by Elaine Frei
May 20, 2009
Most equities markets in Europe were higher Wednesday after miners saw advances on higher prices for metals.
In London the FTSE 250 added 0.46 percent to 7,734.01 but the FTSE 100 dropped 0.31 percent to 4,468.41on declines for banks.
Miners claimed the top five spots on the gainers list on the 100, led by Lonmin (LSE: LMI) with a gain of 8.11 percent and followed ...
Lonmin leads miners higher
by Elaine Frei
May 18, 2009
European markets saw gains Monday as banks were higher, while in a mixed Asia-Pacific Region India’s Sensex added over 17 percent on election results.
In London, the FSTE 100 was up 2.26 percent to 4,446.45 while the FTSE 250 gained 1.39 percent to 7,576.63.
Lloyds Banking Group (LSE: LLOY) led the 100 and the banking sector with a gain of 9.87 percent, ...
Lloyds, Standard Chartered lead London banks higher
by Elaine Frei
May 15, 2009
Principality Building Society has launched a new two-year bond aimed at silver savers.
The e-bond is available online to savers aged over-50, and pays interest at a fixed rate of 4% AER.
Savers can deposit between £5,000 and £100,000 into the account.
Interest is calculated daily, and customers can opt to have their interest paid monthly or yearly.
No withdrawals are permitted before the bond ...
Principality launches 4% e-bond for over-50s
by David Masters
May 14, 2009
Most European equities markets were higher Thursday.
In London, the FTSE 100 was up 0.72 percent to 4,362.58 while the FTSE 250 added 0.78 percent to 7,428.77.
Engineering group Invensys (LSE: ISYS) had the best day on the 100 with a gain of 13.25 percent, while travel specialist Thomas Cook Group (LSE: TCG) turned in the worst performance on the index ...
Invensys jumps, Thomas Cook Travel falls in London
by Elaine Frei
May 13, 2009
European equities markets closed lower Wednesday after news from the US Commerce Department that retail sales in the United States were lower in April, leading many to the conclusion that the economy is not prepared to recover from the recession just yet.
In London, the FTSE 100 fell 2.13 percent to 4,331.37 while the FTSE 250 was down 3.31 percent to 7,371.19.
The ...
Enterprise Inns down over 26 percent
by Elaine Frei
May 12, 2009
European equities markets were mostly lower Tuesday as banks saw declines in London and elsewhere after Credit Suisse (SWX: CSGN; NYSE: CS) issued a warning on UK banks.
London’s markets were mixed as the FTSE 250 added 0.18 percent to 7,623.92 but the FTSE 100 dropped 0.22 percent to 4,425.54.
Miners were mixed as Lonmin (LSE: LMI) was down 8.56 percent but Talvivaara Mining ...
Miners: Lonmin drops 8.56 percent
by Elaine Frei
The Nottingham pays 4.15% on two-year bond
by David Masters
May 11, 2009
Alliance & Leicester (A&L) has launched a new nine-month fixed-rate bond aimed at small and medium sized businesses.
The Business Bond pays interest at 2.81% AER (2.80% gross), and matures on 1 March 2010.
SMEs with savings between £50,000 and £2 million can open the bond online, on the telephone, or in branch.
The bond will be available for a limited time whilst funds ...
A&L launches 9-month fixed-rate business bond
by David Masters
RBS and NatWest announce 3-year escalator bond
by David Masters
May 7, 2009
Santander's UK banks have launched a new two year fixed-rate bond paying interest at 4.01% gross p.a./AER.
Minimum deposit is £30,000, and maximum deposit is £2 million.
The bond is available in store from branches of Abbey, Bradford & Bingley, and Alliance & Leicester.
Reza Attar-Zadeh, director of savings and investments at Santander UK, said Santander customers benefit from 'the safety and security of one ...
Santander launches 4.01% fixed-rate bond
by David Masters
Moneynet reveals top three savings accounts
by David Masters
A&L offers new customers 7% on savings
by David Masters
May 6, 2009
European equities markets saw gains Wednesday although banks were mixed in the region.
The FTSE 100 was up 1.37 percent to 4,396.49 in London, while the FTSE 250 added 0.44 percent to 7,871.2.
Banks were mixed in London with Barclays Bank (LSE: BARC; NYSE: BCS; TYO: 8642) and Royal Bank of Scotland (LSE: RBS; NYSE: RBS PRM) both lower ...
Barclays, RBS lower, Standard Chartered up, all on broker comment
by Elaine Frei
May 4, 2009
European markets saw gains Monday after Italian carmaker Fiat (BIT: F) announced a plan to buy into troubled US carmaker General Motors (NYSE: GM).
Fiat’s shares were up 8.1 percent on the plan to take over GM’s European operations, just a few days after it agreed to buy into Chrysler, which filed for bankruptcy protection in the United States ...
Fiat up on plan to buy GM European holdings
by Elaine Frei
May 1, 2009
With many equities markets closed for the May Day holiday, trade was slow Friday.
Markets were open in London, where the FTSE 100 fell 0.01 percent to 4,243.22 but the FTSE 250 added 0.56 percent to 7,571.33.
Kazakhmys (LSE: KAZ) led the 100 with a gain of 10.28 percent while elsewhere in the mining sector Vedanta Resources (LSE: VED) was up 5.21 percent, ...
Miner Kazakhmys leads 100 in London
by Elaine Frei
April 30, 2009
European equities markets saw gains Thursday.
The FTSE 100 added 1.29 percent to 4,243.71 and FTSE 250 gained 2.15 percent to 7,516.13 in London.
Retailer DSG International (LSE: DSGI) led its sector higher as it turned in the best performance on the 250 with a gain of 14.67 percent, but music retailer HMV Group (LSE: HMV) dropped 4.66 percent on the ...
DSG International adds 14.67 percent to lead retailers
by Elaine Frei
NS&I launches inflation busting savings accounts
by David Masters
Leeds ISA pays seven times the base rate
by David Masters
April 29, 2009
Equities markets in Europe were higher Wednesday as banks gained on a better-than-expected quarterly report from a Spanish bank.
The FTSE 100 added 2.27 percent to 4,189.59 in London, while the FTSE 250 was up 2.68 percent to 7,346.69.
Banks led winners on the 100 as Royal Bank of Scotland (LSE: RBS; NYSE: RBS PRM) led the index with a gain ...
Royal Bank of Scotland leads banks, FTSE 100
by Elaine Frei
