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23-05-2012
- Officials warn Eurozone to prepare for Greek exit
- BoE policy makers 'finely balanced' on more QE
- CBO warns of US recession
23-05-2012
The blue-chip miners were dominating the fallers list on the Footsie by midday as metals prices dropped on concerns that the Chinese economy may be affected greatly by Greece leaving the euro: investment bank China International Capital Corp said today that the world's second-largest economy could see its lowest levels of growth in more than two decades in this scenario. Mining peers Vedanta Resources, Xstrata, Glencore, Kazakhmys, Fresnillo, Rio Tinto, Polymetal and Antogasta were suffering heavy losses.
23-05-2012
Rio Tinto and Ivanhoe Mines have amended some of the terms of their recently agreed memorandum regarding a funding packing for Ivanhoe.
23-05-2012
- Papademos says preparations being made for Greek exit
- CBO warns of US recession
- Chinese growth to be hampered if Greece leaves euro
23-05-2012
- Risk aversion ahead of EU summit
- Papademos warns of 'catastrophic' effects
- Burberry sinks after full-year results
22-05-2012
- Risk-on as miners and financials advance
- Eurobonds in focus ahead of EU summit
- OECD cuts Eurozone GDP forecast
22-05-2012
Real estate investment trust (REIT) peers Land Securities and Hammerson dragging the REIT sector lower on Tuesday as investors built positions in 'riskier' assets, like mining stocks.
22-05-2012
- Miners wanted on Chinese stimulus speculation
- Fitch downgrades Japanese rating
- Markets await EU summit tomorrow, OECD backs eurobonds
17-05-2012
Nomura has reiterated its buy recommendation and 600p target price for insurance group Aviva following its first-quarter results, saying that solvency ratios are stable and sales are solid.
17-05-2012
Jefferies has reduced its target prices for miners under its coverage by around a tenth on average as macroeconomic concerns have increased in recent weeks.
16-05-2012
- Greek concerns dent Footsie again
- Glencore, Sainsbury fall after going ex-dividend
- Lamprell tanks on FTSE 250
15-05-2012
- Greece fails to form coalition
- Eurozone GDP unchanged in first quarter
- IAG falls after downgrade, miners track metals prices lower
15-05-2012
Airline company IAG was pressured into the bottom spot after JP Morgan Cazenove downgraded its recommendation from overweight to neutral.
15-05-2012
Mining stocks continue to bear the brunt of recent sell-offs on the back of concerns over the ongoing Eurozone debt crisis.
11-05-2012
- US consumer sentiment at post-recession high
- Banks weighed down by JP Morgan surprise trading loss
- Miners pressured lower by Chinese data
11-05-2012
Mining stocks tanked on Friday afternoon as data from the world's second-largest economy dampened sentiment early on.
11-05-2012
- Chinese economic figures weigh on mining stocks
- JP Morgan trading loss dents UK banks
- UK factory gate inflation eases less than expected
11-05-2012
- Chinese industrial output, inflation data disappoints
- Spain to ask for EFSF support, according to reports
- JP Morgan surprise trading loss causes concerns
04-05-2012
- US payrolls data sinks global markets
- Eurozone services PMI revised lower
- Miners lead fallers in London, RBS erases gains
04-05-2012
- Miners drop on macro concerns, Australian growth
- RBS rises after Q1 update
- Markets await US non-farm payrolls
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