Press round-up from ShareCast
Tuesday newspaper round-up: Liberty, Co-op Bank, Severn Trent
Tue 18 June 2013 06:48
Liberty Global has entered the bidding for Kabel Deutschland, the Financial Times reported. The media group, controlled by John Malone, has put in a potential offer that would top a price tabled by Vodafone last week and value Germany's largest cable oper
Monday newspaper round-up: Co-op Bank, Lloyds, Platform...
Mon 17 June 2013 06:30
The Independent says that the Co-op Bank will this week announce plans to fill a 1.5bn-pound hole in its finances. The rescue, brokered with the Bank of England's Prudential Regulatory Authority, will see 5,000 investors take a haircut on money they lent
Sunday newspaper round-up: RBS, Co-op bank, easyJet
Sun 16 June 2013 15:16
Foreign-owned bank branches - as opposed to subsidiaries - in Britain made the country's financial crisis worse, as they moved to shrink their loan books by almost half at the height of the credit crunch, according to Bank of England research, The FT Week
Friday newspaper round-up: RBS, Polymetal, Apple...
Fri 14 June 2013 06:46
According to The Scotsman, Sainsbury's Chief Executive Officer (CEO) Justin King is among the names being thrown into the hat of potential recruits for the CEO role at RBS, "although a candidate from within the financial services sector remains most likel
Thursday newspaper round-up: Stephen Hester, Ofgem, Centrica...
Thu 13 June 2013 06:37
The Independent says that the news of Stephen Hester's departure from RBS "perplexed" many in the City last night after his work that nursed the bank back to health, with several describing his treatment as "shabby". The bank said that it was looking for
Wednesday newspaper round-up: Lloyds, Afren, BoE...
Wed 12 June 2013 06:30
After The Times' undercover investigation found that Lloyds was mis-handling complaints about PPI mis-selling, the Financial Conduct Authority has asked the paper to hand over information for a report that is to be published this summer.
Tuesday newspaper round-up: Lloyds, Glencore, G4S...
Tue 11 June 2013 06:35
An investigation by The Times into Lloyds has shown that contractors at its largest PPI complaint handling unit were "taught how to play the system to the detriment of clients". They allegedly were told to fake PPI information on loan agreements and "turn
Monday newspaper round-up: Severn Trent, Japanese growth, BAE...
Mon 10 June 2013 06:29
The international consortium bidding for Severn Trent could walk away from the deal following a number of rejections by the utility group over recent weeks, The Times says, citing sources close to the matter. "If the Severn Trent board does not engage, no
Sunday newspaper round-up: ARM Holdings, Lloyds, Bonds
Sun 09 June 2013 19:00
The main threat to ARM Holdings may turn out to be 'home-grown.' Imagination Technologies, the British designer of graphics and video microchips for gadgets such as the iPhone is gearing up for a foray into ARM's main market, making the processors that go
Friday newspaper round-up: Apple, G4S, M&S...
Fri 07 June 2013 06:47
The Guardian says that tech giant Apple has been accused of securing preferential terms from mobile operators wanting to offer the iPhone in an attempt to squeeze out competition from rival brands, according to one of the company's former senior executive
Thursday newspaper round-up: Man Group, Sainsbury, IMF...
Thu 06 June 2013 06:44
Falling bond values over the past few weeks hit Man Group hard, according to The Times, which says that the hedge-fund manager "had been badly wrongfooted by the bond-market collapse". Shares tanked by 17 per cent yesterday after the firm said that its fl
Wednesday newspaper round-up: Apple, HSBC, Home Retail...
Wed 05 June 2013 06:46
Financial Times reports that tech giant Apple is facing an import ban in the US on certain models of its iPhone 4 and iPad 2 (as well as some older devices) after the International Trade Commission said that the devices infringed Samsung's patents.
Tuesday newspaper round-up: Co-op Bank, N Brown, Lonmin...
Tue 04 June 2013 06:38
According to The Times, The Co-operative Bank filled a big hole in its balance sheet with 900m pounds of cheap funding from the Bank of England in March through its Funding for Lending Scheme. "The same month it decided to stop offering corporate loans to
|FTSE All Share||3,367.08||+0.67%|
|Paris CAC 40||3,860.55||-0.08%|
|Croda International plc||2460.50||+3.01%|
|BT Group plc||319.35||+2.34%|
|Standard Life plc||375.15||+2.26%|
|Royal Bank of Scotland Group plc||323.05||+2.22%|
|Eurasian Natural Resources Corp plc||229.65||-4.45%|
|Polymetal International plc||638.25||-1.92%|
Articles on the economy and stock markets
5 June 2013
Falling commodity prices, escalating costs, multibillion-dollar writedowns - it's no wonder the mining sector is so out of favour. But what could the future hold?
4 June 2013
Following the Nikkei's recent drop Adrian Lowcock examines the case for investing in Japan.
23 May 2013
Economics Editor Ben Brettell examines the reasons behind the falls and whether investors need to take any action.