FTSE100 flat; CityFibre to take on BT Openreach
The FTSE100 was three points lower at lunch at 5,949.
Company
LON:BATS
British American Tobacco is the world’s second largest quoted tobacco group by global market share, with brands sold in more than 180 markets.
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The FTSE100 was three points lower at lunch at 5,949.
After heavy losses Friday, FTSE 100 added 48 to 6,001
“This agreement should provide a strong platform to meet the demands of consumers today and in the future."
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The FTSE 100 ended the day 8 points ahead at 6,338
Rumours suggest BAT is trying to raise finance to buy Imperial Tobacco
Investments and investor services
The Footsie was four points down at 6325 in morning trading
Cigarette maker says unrest in Iraq and Syria hit results
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The FTSE100 rose 1 point to 6,362, having spent most of the day around 20 points lower
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Stocks were on an upward trend, helped by a recovery by commodity plays
GlaxoSmithKline, BT and British American Tobacco led the way higher
Investments and investor services
Below are the main news-driven share price movements at 4pm.
Lloyds (LON:LLOY) gets the banking reporting ball rolling on Wednesday as it is the first of three of the 'big four' reporting this week.
Three of the big four banks report this week, while the big three integrated oil majors also weigh in.
Three of the big four banks report this week, while the big three integrated oil majors also weigh in.
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It's been a bad day for VW and AA shareholders, and not a great one for axed Mitchells & Butlers boss Alistair Darby - although a £543,500 pay-off will ease the pain somewhat.
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In London, the FTSE100 ended 82 points lower to 6,104, after a bizarre moment earlier in the day.
So-called "basket trade" caused 60-point plunge in FTSE 100 Index
Pundits are no wiser after yesterday's policy statement as to the timing of the long-expected interest rate hike.
With a number of FTSE 250 companies reporting interim results on Thursday, Premier Oil will grab investors’ attention...
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UK shares added 1.16% to close higher on Wednesday....
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No shortage of big names reporting this week, including the state-controlled lenders Lloyds and RBS, plus integrated oil giants BP and Shell
British American Tobacco, Bellway, Randgold and Ophir are under the broker spotlight
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City firm Investec reckons Premier Foods (LON:PFD) is tasty and has upgraded the share to 'buy' from 'hold'. It also punts up the target price a tad - to 51p from 47p each.
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Imperial Tobacco is back on the radar of Credit Suisse with an ‘outperform’ rating.
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FTSE100 saw a late rally as investors turned to pick up bargains but it still closed in the red, albeit slightly. The UK benchmark closed at 6,710, 0.42 points down - practically flat as Greek debt fears...
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The FTSE 100 was lower at lunch to 6,681 as Greece remains in stalemate with its creditors.
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Investors took a gamble on Ladbrokes while Ashtead fell despite good results.
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The FTSE 100 was 40 points lower to 6,670 in early deals this morning.
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The FTSE 100 was lower at lunch to 6,681 as Greece remains in stalemate with its creditors.
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German bank Berenberg has puffed up its target price on British American Tobacco (LON:BATS) to 4,000p from 3,850p and repeated a 'buy'.
Moody's, the ratings agency, reckons Tesco must raise £5bn in fresh capital to shore up finances
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Big cap miners erased losses yesterday but could not stop Footsie closing lower on the day. FTSE100 finished over 25 points lower, or 0.36%, to 6,928 as miners made up the top three gainers despite uncertainty after the Chinese manufacturin
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Supermarket giant Tesco was near the bottom of the index as its sales slipped 1.3% in the 12 weeks to 24 May. Meanwhile, plumber's merchant Wolseley sat atop the index after good third quarter results.
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It was a bad day for companies with the word 'scan' in their name.
Investments and investor services
Wolseley led the risers after a positive set of third quarter results while British American Tobacco fell furthest as details of its lawsuit in Canada emerge.