Citywire for Financial Professionals
Share this page:
Stay connected:

Latest NewsRSS

Buxton backs resurgent Shire; Ebola knocks FTSE

by David Campbell, Gavin Lumsden on Oct 24, 2014 at 17:19

Fund manager Richard Buxton buys back into Shire after its failed takeover by Abbvie. Ebola scare knocks FTSE but index is up on the week.

Why Mark Slater is backing Walt Disney

by Selin Bucak on Oct 24, 2014 at 15:37

Mark Slater, chief investment officer of Slater Investments, has spotted value in The Walt Disney Company (DIS.N).

Cameron attacks EU's 'unjustified' £1.7bn demand

by James Phillipps on Oct 24, 2014 at 15:10

The prime minister has rejected a European Union request for the UK to pay more money to balance its budget.

UK GDP: another 'nudge' down the road to recovery

by Gavin Lumsden on Oct 24, 2014 at 16:17

The UK economy grew by 0.7% in the third quarter, down from 0.9% in the previous three months, but enough to keep economists moderately satisifed.

Bank of England sets out bank rescue policy

by William Robins on Oct 24, 2014 at 16:23

The Bank of England has published a three-step plan for bring banks back from the brink of failure in future.

Overnight Markets: Wall Street gains on corporate earnings

by Himanshu Singh on Oct 24, 2014 at 05:23

Caterpillar Inc jumped 5% after profit beat forecasts and the machinery maker raised its full-year profit forecast.

Friday Papers: EU tells Britain to pay extra €2.1bn

by Himanshu Singh on Oct 24, 2014 at 05:19

And Tesco withholds £2 million payout to former bosses as accounting scandal sparks 92% fall in profits.

The Expert View: Tesco, Countrywide, UBM, Arbuthnot & Debenhams

by Michelle McGagh on Oct 24, 2014 at 05:01

Our daily roundup of analyst commentary on shares.

FTSE breaks through 6,400 in late rally

by Gavin Lumsden on Oct 23, 2014 at 17:21

More good US corporate results spurred the FTSE 100 higher, offsetting consumer gloom and falling shares in Tesco and Unilever.

Watchdog bans adviser for 'reckless' fund advice

by David Campbell on Oct 23, 2014 at 13:46

City regulator intends to ban and fine a former financial adviser after he ‘recklessly’ recommended high-risk investments

How to become a shareholder activist

by Michelle McGagh on Oct 23, 2014 at 13:22

Investors can have more power than they think. As part of 'Good Money Week', we tell you how to become a shareholder activist.

Tesco chairman to leave as black hole deepens

by Gavin Lumsden on Oct 23, 2014 at 13:00

(Update with comment) Tesco's chairman is off after a 92% slump in profits and its new boss warns things could get worse.

MPs say Co-op leadership was 'accident waiting to happen'

by Michelle Abrego on Oct 23, 2014 at 09:06

MPs on the Treasury Select Committee criticise regulators, auditors but above all the Co-op Bank for its attempt to buy Lloyds TSB branches.

Lloyds to axe 9,000 jobs

by James Phillipps on Oct 23, 2014 at 08:47

Lloyds Banking Group is to axe 9,000 jobs as part of a three-year plan to cut costs and move more services online.

The Expert View: Whitbread, Senior & Home Retail

by Michelle McGagh on Oct 23, 2014 at 06:30

Our roundup of analyst views on stocks, including Spirit Pub Company and Travis Perkins.

Overnight Markets: Wall Street retreats amid drop in oil prices

by Himanshu Singh on Oct 23, 2014 at 04:35

Biogen Idec fell 5.4% after sales of its multiple sclerosis drug, Tecfidera, fell short of lofty expectations.

Thursday Papers: GSK looks at potential float of HIV unit

by Himanshu Singh on Oct 23, 2014 at 04:29

And China’s outbound direct investment is for the first time set to exceed investment into the country.

Good US results stub out BAT blues and lift FTSE

by Gavin Lumsden on Oct 22, 2014 at 17:00

World markets strengthened again, with the FTSE 100 up 25 points, following more encouraging company news from the US.

Is Chinese growth slowdown a sign of trouble ahead?

by Selin Bucak on Oct 22, 2014 at 13:36

China's disappointing growth figures could ironically prove positive, says one investor.

Peer-to-peer lenders plan low cost 'third way' ISAs

by Michelle McGagh on Oct 22, 2014 at 13:14

Peer-to-peer platforms say savers will benefit most from government plans to let them shake up the ISA market.

 

From the Forums

+ Start a new discussion
Sorry, this link is not
quite ready yet