Homebuilders hurt by new housing data

Wall Street was lower by the middle of the session on Tuesday after new data showed that new housing starts were down sharply in August and Yahoo issued a profits warning. By midday, the Dow Jones Industrial Average was 0.5 percent lower to 11,502.09, while the Nasdaq Composite had dropped 1.1 percent to 2,212.25 and [...]
Online gamers hurt by New York detention

London equities markets were lower again on Thursday as the FTSE 100 was down 1.2 percent to 5,858.1, brining its points loss to 123.6 in two days. The FTSE 250 dropped 1.3 percent to 9,576.1. A good portion of the losses on the 250 were due to declines in the engineering sector. Bodycote International dropped [...]
Pubs operators higher in London

London equities markets were up on Wednesday after the minutes from the latest meeting of the US Federal Reserve seemed to indicate that interest rates in the United States are likely to remain on hold for the time being. The FTSE 100 added 0.7 percent to 5,929.3, while the FTSE 250 was 0.5 percent higher [...]
Airlines up on lower oil prices

After Monday’s holiday, London markets resumed trade on Tuesday with slightly higher volumes of 2.2 billion shares traded and small gains in both the FTSE 100 and FTSE 250. The 100 added 0.17 percent to 5,888.3 after going as high as 5,921.3 earlier in the session, while the 250 was 0.4 percent higher to 9,531.8 [...]
London oil stocks up on rising prices

The FTSE 100 was lower on Tuesday in London with a decline of 0.8 percent to 5,880.0, affected by investor concerns that interest rates in the United States could rise again in August. In addition, trade volumes were very low with only 2.2 billion shares changing hands. Rising crude oil prices helped the oil sector. [...]
HCA deal helps London markets

In London on Monday the FTSE 100 was 2 percent higher, to 5,833.9 as quarterly reports continued to come in. The 100 as a whole was helped by the news that US hospital chain HCA is being purchased by a consortium that includes Bain Capital and Kohlberg Kravis Roberts for $21 billion. Meanwhile, the FTSE [...]
FTSE 250 loses 272.5 points

London’s equities markets came back from Monday’s holiday to major losses. The FTSE 100 declined by 2.4 percent to 5,652.0 while the FTSE 250 lost 2.9 percent to 9,235.5. Shares in companies that depend on the US dollar for a large part of their earnings were especially vulnerable as the greenback continued to weaken. Among [...]