Sudip's Feed
Dec 18, 2014

Old Mutual and IAG outperform as Britain’s FTSE jumps nearly 2 pct

LONDON, Dec 18 (Reuters) – Britain’s main equity index
enjoyed one of its best days so far this year on Thursday, as
the U.S. Federal Reserve’s pledge for a “patient approach” to
any interest rate increase lifted stock markets around the
world.

Financial services company Old Mutual and British
Airways owner International Consolidated Airlines Group (IAG)
were among the best performers on the blue-chip FTSE
100 index.

Dec 18, 2014

Rise of the car-sharing apps poses threat to auto sector

LONDON, Dec 18 (Reuters) – The humble smartphone could throw
a spanner in the works of the car sector’s post-crisis
turnaround, with the big manufacturers facing a long-term threat
from apps that make it easier and cheaper to share or hire
vehicles than to buy them.

Investor sentiment is on a knife edge. Car sales are back in
recovery mode in most major European markets, yet the fragility
of the turnaround could yet be exposed by another economic
slowdown while investors have flagged the potential danger posed
by web-based services further down the road.

Dec 18, 2014

SAB Miller and IAG outperform as Britain’s FTSE jumps nearly 2 pct

LONDON, Dec 18 (Reuters) – Britain’s main equity index rose
on Thursday, as the U.S. Federal Reserve’s pledge for a “patient
approach” to any interest rate increase lifted stock markets
around the world.

Drinks group SAB Miller and British Airways owner
International Consolidated Airlines Group (IAG) were
among the best performers on the blue-chip FTSE 100 index
.

Dec 18, 2014

ARM outperforms as FTSE extends gains on Fed boost

LONDON (Reuters) – The FTSE 100 rose on Thursday, helped by the U.S. Federal Reserve’s pledge for a “patient approach” to any interest rate increase.

Technology group ARM was among the best-performing stocks on the blue-chip FTSE 100 index after an upbeat broker note.

Dec 18, 2014

ARM outperforms as Britain’s FTSE extends gains on Fed boost

LONDON, Dec 18 (Reuters) – Britain’s main equity index rose
on Thursday, helped by the U.S. Federal Reserve’s pledge for a
“patient approach” to any interest rate increase.

Technology group ARM was among the best-performing
stocks on the blue-chip FTSE 100 index after an upbeat
broker note.

Dec 17, 2014

Rebound in energy stocks and ECB aid prospect lifts European shares

LONDON, Dec 17 (Reuters) – European equities staged a late
recovery on Wednesday, as a rebound in energy stocks and new
signs of economic stimulus measures from the European Central
Bank lifted shares.

Brent crude, which is still down nearly 50 percent
in six months, moved above $60 a barrel on Wednesday as U.S.
data showed falling crude inventories.

Dec 17, 2014

Russian turmoil knocks back European equities

LONDON, Dec 17 (Reuters) – European shares fell on
Wednesday, reversing part of Tuesday’s recovery, as a new drop
in oil prices and financial turmoil in Russia hit the region’s
main stock markets.

However, the hard-hit Greek market bounced up ahead of a
tight parliamentary vote that will trigger elections unless the
Greek Prime Minister can win backing from independents and
smaller parties that have so far rejected helping his coalition.

Dec 17, 2014

Election uncertainty likely to hinder UK’s FTSE in early 2015-Reuters poll

LONDON, Dec 17 (Reuters) – Britain’s FTSE 100 equity
index will reach a record high by the end of 2015, but
uncertainty over the outcome of May’s national election will
curb gains early next year, a Reuters poll forecast.

The Reuters poll of 49 traders, fund managers and
strategists gave a median forecast for the FTSE of 6,800 points
by the middle of 2015 and 7,000 points – a record high – by the
end of 2015.

Dec 17, 2014

Election uncertainty likely to hinder UK’s FTSE in early 2015

LONDON, Dec 17 (Reuters) – Britain’s FTSE 100 equity
index will reach a record high by the end of 2015, but
uncertainty over the outcome of May’s national election will
curb gains early next year, a Reuters poll forecast.

The Reuters poll of 49 traders, fund managers and
strategists gave a median forecast for the FTSE of 6,800 points
by the middle of 2015 and 7,000 points – a record high – by the
end of 2015.

Dec 17, 2014

European equities get caught in the rout of the rouble

PARIS, Dec 17 (Reuters) – European shares fell on Wednesday,
reversing part of Tuesday’s recovery, as a new drop in oil
prices and financial turmoil in Russia again weighed on the
region’s stock markets.

The slide by the Russian rouble, down 50 percent against the
dollar this year, slowed on Wednesday as the government sold
foreign currency to prop it up. The currency remained under
pressure, though.