Xstrata News
24-05-2012
- Stocks surge after yesterday's heavy falls despite Eurozone travails
- China, Eurozone manufacturing PMIs disappoint
- UK contracts more than expected in Q1
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
Mining stocks were at the top of the fallers list on Wednesday as concerns over Greece's future continue to weigh on the global economic outlook.
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
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.
21-05-2012
- G8 underwhelms; markets look to EU summit
- Hollande expected to push eurobond idea to Merkel
- Risk-on as financials, miners advance; defensives sold
21-05-2012
Miners and financial stocks were among the best performers of the day on Monday as the Footsie rebounded after slumping to a six-month low on Friday.
17-05-2012
Mining and financial stocks were providing a drag on the Footsie today, as investors continue to flee from 'risker' assets amidst the global economic uncertainty. Providing further downward pressure on the resources sector was US broker Jefferies after having slashed its target prices for mining stocks under its coverage by an average 10% after recent underperformance.
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 exit speculation sinks stocks again
- ECB stops funding to some Greek banks (report)
- Eurozone crisis to limit UK GDP in 2012, says BoE
16-05-2012
- Footsie nears five-month low
- Potential Greek exit grips markets
- Bank of England cuts GDP forecast, unemployment falls
16-05-2012
Investec has maintained its buy recommendation and 40p target price for banking group Lloyds, saying it remains a buyer 'at this level of distress'.
16-05-2012
Babcock, Barclays, Cineworld, Compass, Experian, Hilton Food, Home Retail, Glencore, Greggs, Land Secs, Lloyds, Lonmin, Morrison, Ophir, RBS, Spirax-Sarco, Xstrata
16-05-2012
UBS has downgraded its rating for Xstrata from buy to neutral, prompting an identical ratings cut for the mining group's potential merger-partner Glencore.
16-05-2012
- Greek concerns dent Footsie again
- Glencore, Sainsbury fall after going ex-dividend
- Lamprell tanks on FTSE 250
14-05-2012
- Footsie closes at levels not seen since mid-December
- Potential Greek exit from euro hammers stocks
- Banks, miners the worst performers in London
14-05-2012
Lloyds, Barclays and RBS were the among the worst-performing stocks in London "as investors are concerned about the losses other banks have incurred 'hedging their risk' following the 2bn dollar loss by JP Morgan Chase & Co", Alpari's Erlam said. HSBC was also out of favour after announcing that the sale of its operations in Colombia, Peru, Uruguay and Paraguay for 400m dollars in cash.
14-05-2012
- Risk-off as Greek exit speculation weighs on sentiment
- Eurozone finance ministers to focus on Greece, Spain and growth
- Banks, miners lead the fallers on the Footsie
14-05-2012
- Political uncertainty in Greece, Germany weighs on sentiment
- Officials consider Greek euro exit
- Banks, miners drag on the FTSE 100
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