Share Prices
Facebook shares will cost $38 as company valued at $104bnSocial networking site Facebook has announced that it will offer around 420 million shares at $38 each valuing the firm at $104 billion. |
Facebook values company at $85bn to $95bnFacebook has priced its shares at $28-$35 for its initial public offering (IPO) on the stock market, putting a value on the firm of $85 billion to $95 billion. |
Murdoch effect has no impact as BSkyB records record profitThe political fallout over the phone-hacking scandal and BSkyB's links to the Murdoch's have not affected trading results as the company records record profits. |
Google shares drop despite revenue spike but Microsoft shares riseShares in Google fell after it missed its revenue targets for the its fourth quarter but Microsoft saw a slight rise in its share price after results were better than expected. |
Goldman Sachs pay lower bonuses as profits halve in 2011US investment bank Goldman Sachs saw a 47 per cent drop in profits in 2011 meaning lower compensation to staff> however each staff member will still be paid an average of $366,360. |
Tesco UK chief sold 200,000 shares days before profit warningTesco's UK chief Bob Robbins sold 200,000 shares three days before a "close period" and just before a profit warning that led to a 16% fall in the share value. |
Tesco shares tumble by 15% on poor Christmas trading resultsTesco shares fell sharply after minimal growth in sales and profit over Christmas. Tesco boss Philip Clarke admitted that his firm had been outgunned by rivals. |
Thomas Cook aims to reduce debts by shutting 200 UK storesStruggling holiday operator, Thomas Cook will shut 200 UK stores with the loss of 660 jobs as it tries to reduce its debt and raise its share price. |
Mothercare posts £81m six-month lossMothercare has posted an £81 million six month loss due to "a weak consumer environment" and two one-off charges totalling £75 miilion. |
Sainsbury's half-year profits up by 6.6% due to cost savingsSainsbury's has revealed that its profits are up by 6.6 per cent due to cost-cutting and carefully-targeted marketing campaigns. |
ASOS and B&Q report rising salesIncreased sales at ASOS and B&Q show bright spots in the UK economy and for investors in the two companies. |
Poor results from Barclays, BP and Associated British FoodsCash, crude and clothing: Nick Raynor looks at some less than pleasing results from some of the UK's biggest companies. |
Mince pies boost Greggs' Christmas salesMince pies helped Greggs bakery stores outperform other high-street retailers during Christmas, one expert has claimed. |
FTSE rallies on economic reassurances from G20The FTSE 10 rose for the first time in four days this morning, ending the longest losing streak in seven weeks, led by energy shares and mining stocks after the Group of 20 nations pledged to safeguard growth while cutting debt. |
FTSE falls for second day on back of base metal declinesThe FTSE 100 Index fell 23.32 points, or 0.4 per cent, to 5,223.66 in early trading as mining companies declined for a second day. |
FTSE retreats as basic resources companies fallThe FTSE 100 Index retreated 86.28 points, or 1.6 per cent, to 5,212.83 in morning trading as shares fell the most in more than two weeks as basic resources companies fell back on speculation yesterday's gains may have been overdone. |
FTSE rallies on base metal pricesThe FTSE 100 Index climbed 56.41 points, or 1.1 per cent, to 5,307.25 in early trading with stocks rallying the most in two weeks after China signaled an end to the yuan's fixed rate to the dollar, sparking a surge in basic-resource producers. |
FTSE edges up after BP boss grillingThe FTSE 100 was inching up on Friday morning in early trade as a resurgent BP again led the gains despite its chief executive officer facing seven hours of questioning on Capitol Hill over the Gulf oil spill. |
FTSE rises for seventh day as BP promises to set up compensation fundThe FTSE 100 advanced 53.40 points, or 1 per cent, to 5,291.32 in early trading as stocks rose for a seventh day, with the FTSE 100 Index heading for its longest streak of gains since July 2009, after BP agreed to cancel its dividend and set up a $20 billion fund to compensate victims of the worst spill in US history. |
FTSE rallies for a sixth dayThe FTSE 100 Index rose 18.64 points, or 0.4 per cent, to 5,236.46 as stocks advanced for a sixth day, its longest winning streak in nine months. |
FTSE gains for fifth dayThe FTSE 100 Index added 24.68 points, or 0.5 per cent, to 5,226.81 in morning trading as stocks rose for a fifth day, the longest stretch of gains in four months, as British Sky Broadcasting rallied after rejecting a £7.8 billion-pound ($11.5 billion) offer from Rupert Murdoch's News Corp. |
FTSE rises for a fourth dayThe FTSE 100 advanced 32.36 points, or 0.6 per cent, to 5,196.04 in early trading as higher metals prices boosted the earnings outlook for basic-resources companies. |
FTSE up on economic report from ChinaThe FTSE 100 Index rose 0.7 per cent to 5,166.29 as stocks advanced as economic reports in China boosted confidence that the global economy is recovering. |
FTSE falls on further BP problemsThe FTSE 100 Index retreated 22.45 points, or 0.5 per cent, to 5,005.94 as stocks erased earlier gains as a fall in BP outweighed a boost in confidence that followed a Reuters report that Chinese exports increased and a rise in raw material shares. |
FTSE falls for third straight day on deficit warningThe FTSE 100 fell for a third day this morning dropping 1 per cent to 5,016.38 after Fitch Ratings said Britain's deficit challenge is "formidable," fueling concern Europe's debt crisis is spreading. |
