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Facebook share price set at $38 ahead of trading
The Facebook share price has been set at $38 or £24 ahead of its floatation on Friday. The valuation on the shares means Facebook is valued at over $100bn. However, it's high … [Read More...]
FTSE 100 ends Tuesday with triple digit fall fall
The FTSE 100 ended Tuesday's trading session with a triple digit fall of over 100 points as political uncertainties across Europe provided a particular negative sentiment. Greece's … [Read More...]
Barnes & Noble stock surges on Microsoft investment
Barnes & Noble stock surged by nearly 70 percent in early trading on Wednesday, following news of a $300m investment from Microsoft into a new subsidiary. The … [Read More...]
Savers should take full advantage of ISA allowance – Santander
Research from Santander has concluded that savers should take full advantage of the full ISA allowance this year rather than waiting until the end of tax year to invest. The … [Read More...]
Aberdeen Asset Management profits surge on riskier investors
New FTSE 100 entrant Aberdeen Asset Management profits have surged by 14 percent for the six months ending in March to reach £162.2m. The asset manager, also experienced a rise in … [Read More...]
Nintendo posts first loss in 50 years
Video games giant Nintendo has reported its first full fiscal yearly loss in 50 years, as weak sales of its 3DS portable console dragged down revenues as well as a strong … [Read More...]
Apple shares surge on quarterly revenues
Apple shares were trading up by over nine percent on Wednesday following the announcement of $39.2 billion of quarterly revenue. The stock shot up to reach over $611, up by over … [Read More...]
HSBC Job cuts to total 2,000 – reports
HSBC job cuts in the region of 2,000 in total will be announced by the bank on Thursday according to sources within Sky. The publication claims that the bank will cut the jobs by … [Read More...]
Double-dip UK recession confirmed
A double-dip UK recession has been confirmed following news that the economy shrunk by 0.2% during the first quarter of this year. This follows on from a 0.3% fall in the size of … [Read More...]
Tesco shares remain a hold despite promising signs
Tesco shares remain a hold in the eyes of analyst Sheridan Adams despite the company announcing its intention to increase the speed of its revamp plans. Adams of The Share Centre … [Read More...]
Nokia posts quarterly loss of over £760m on competition
Nokia has confirmed a heavy quarterly loss of approximately £760m for the first three months of this year, as intense competition hit sales hard in a number of markets including … [Read More...]
Tesco to invest £1bn in UK business as it battles rivals
Tesco has announced that it is to announce £1bn in its UK business this year as it seeks to remedy its stalling performance within the region. The supermarket giant is set to … [Read More...]
Coca Cola profits on emerging markets growth
Coca Cola has announced a quarterly net profit increase of 8 percent to $2.05bn, as emerging markets delivered impressive sales growth for the world's biggest soft drink … [Read More...]
Legal and General Junior ISA launched
The Legal and General Junior ISA has launched and provides investors with three different options when investing for their children. The company is to offer the following … [Read More...]
FTSE ends Tuesday with triple digit gain
The FTSE 100 ended Tuesday with a triple digit gain of just over 100 points as a solid start on Wall Street intertwined with good performance from heavyweight banking and mining … [Read More...]
Apple shares fall 8 percent from historic high
Apple shares have fell by over eight percent since their historic high of $644, as recorded on Tuesday of last week. Analysts have pointed to a number of potential reasons for the … [Read More...]
Cash ISA savers to put away £59 billion this year
Cash ISA savers are set to put away a grand total of £59 billion over the course of this financial year according to new research from Post Office Savings. The agency also noted … [Read More...]
UK double dip recession avoided, but economy to stall
A UK double dip recession has been avoided, but the British economy will reportedly be likely to stall for the remainder of 2012 according to the Ernst and Young Item Club. The … [Read More...]
Shell helps drive FTSE to a healthy gain on Thursday
The FTSE 100 ended Thursday with a strong gain of over 70 points as Shell released a statement which calmed down concerns of another Mexico Gulf oil spill. At the closing bell, … [Read More...]
Nokia shares tumble on first half loss warning
Nokia shares tumbled by as much as 17 percent on Wednesday, following an announcement by the company that it expects to make a loss for the first half of 2012. The struggling … [Read More...]
