Alistair's Feed
Nov 12, 2014

Earnings, forex probe fines weigh on Britain’s FTSE 100

EDINBURGH, Nov 12 (Reuters) – Britain’s top equity index
fell on Wednesday, hit by disappointing corporate updates and by
a decline in bank shares after regulators imposed fines to
settle allegations of foreign exchange malpractice.

Outsourcing company Capita slid 6.4 percent, the top
FTSE 100 faller, with traders citing concerns about a
possible slowdown in its order pipeline, even though Capita said
it was on track for at least 8 percent organic growth for the
full year.

Nov 12, 2014

Earnings, forex probe fines weigh on UK’s FTSE 100

EDINBURGH, Nov 12 (Reuters) – Britain’s top equity index
fell on Wednesday, hit by disappointing corporate updates and by
a decline in bank shares after regulators imposed fines to
settle allegations of foreign exchange malpractice.

Outsourcing company Capita slid 6.4 percent, the top
FTSE 100 faller, with traders citing concerns about a
possible slowdown in its order pipeline, even though Capita said
it was on track for at least 8 percent organic growth for the
full year.

Nov 11, 2014

European shares trim some gains as Italian stocks fall

LONDON, Nov 11 (Reuters) – Europe’s benchmark index of top
shares trimmed its gains on Tuesday, hurt by a fall in Italian
stocks and a weak open on Wall Street, but remained supported by
strength in telecoms issues.

At 1549 GMT, the FTSEurofirst 300 index of pan-European
shares was up 0.3 percent at 1,358.74 points, having
been up as much as 0.5 percent earlier. U.S. stocks opened
slightly lower on the day.

Nov 11, 2014

Telecoms lift European shares rise after upbeat Vodafone update

LONDON, Nov 11 (Reuters) – Europe’s benchmark index of top
shares rose on Tuesday, boosted by strength in telecoms and
German companies after corporate reports beat expectations.

The STOXX Europe Telecommunications sector rose 2.4
percent, the top sectoral gainer, boosted by an expectation
beating report from Vodafone.

Nov 10, 2014

FTSE 100 hits new five-week high; mid-cap Serco slumps

EDINBURGH, Nov 10 (Reuters) – Britain’s top share index
advanced to a five-week high on Monday as investors bought into
the consumer staples and retail sectors, with supermarket group
Tesco leading the gainers.

The stand-out mover of the day however was mid-cap services
outsourcer Serco, whose shares fell 32 percent after
saying it plans a rights issue of up to 550 million pounds,
having cut forecasts and written down the value of its business.

Nov 10, 2014

FTSE rises towards five-week high; Serco slump hits mid-caps

EDINBURGH, Nov 10 (Reuters) – Britain’s top share index
advanced towards a five-week high on Monday, with investors
switching into supermarkets, and miners rising on hopes that
mixed data from China may prompt the country to add more
stimulus.

The stand-out move of the day however, came from mid-cap
services outsourcer Serco, which tumbled 30 percent
after saying it planned to raise up to 550 million pounds
through a rights issue after cutting its forecasts and writing
down the value of its business.

Nov 10, 2014

FTSE rises towards five-week high, miners rally

EDINBURGH, Nov 10 (Reuters) – Britain’s top share index
advanced towards a five-week high on Monday, with miners rising
on hopes that mixed data from China, the world’s biggest metals
consumer, may prompt the country to launch more stimulus.

Chinese inflation remained near a five-year low and annual
growth in exports and imports slowed in October.

Nov 7, 2014

Scottish nationalists storm back after referendum defeat

LONDON/EDINBURGH (Reuters) – Just weeks after seeing their dream of an independent Scotland wiped out in an historic referendum defeat, Scottish nationalists have turned failure into a revival which could transform British politics at next year’s UK general election.

The Scottish National Party (SNP) may have failed to persuade voters to back independence from Britain, but appears to be winning the argument that it can do a better job fighting for Scottish interests than Scottish branches of London parties.

Nov 7, 2014

FTSE outstrips European peers ahead of U.S. jobs data

EDINBURGH (Reuters) – Britain’s top equity index marched higher on Friday, boosted by strength in commodity-related stocks and building on gains made over the last two days.

Traders were cautiously optimistic ahead of U.S. jobs data due at 1330 GMT, the first major jobs report since the Federal Reserve ended its bond-buying stimulus programme.

Nov 7, 2014

UK’s FTSE 100 outstrips European peers ahead of U.S. jobs data

EDINBURGH, Nov 7 (Reuters) – Britain’s top equity index
marched higher on Friday, boosted by strength in
commodity-related stocks and building on gains made over the
last two days.

Traders were cautiously optimistic ahead of U.S. jobs data
due at 1330 GMT, the first major jobs report since the Federal
Reserve ended its bond-buying stimulus programme.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
    • More from Alistair

    • Follow Alistair