Market News

Market reports from Share Cast

• US close: Jobs boost pushes NASDAQ to 11-year high
  03 Feb, 2012 23:36
  - NASDAQ Composite rises for fifth week in a row - Tragedy strikes Micron as boss dies in light-plane crash - Treasuries fall out of bed as investors up risk exposure

• Europe close: Stocks finish higher on US data
  03 Feb, 2012 17:32
  -Italy asking IMF to soften enhanced surveillance.

• London close: Footsie breaks 5,900 as US jobs data excites
  03 Feb, 2012 16:58
  The much-anticipated January employment report from the US Labor Department didn't disappoint, with a better-than-expected increase in non-farm payrolls sending the FTSE 100 vertical in afternoon trading to break through the 5,900 level.

Press round-up from Share Cast

• Sunday newspaper round-up: Stock market crash, Xstrata, Tesco
  05 Feb, 2012 17:25
  The London stock market could slump by as much as 30% - with financial shares collapsing by 60% - if the Eurozone debt crisis leads to a break-up of the single currency. The warning comes as Greece battles to reach a deal with creditors to write off €10

• Friday newspaper round-up: Greece, UK economy, M&A
  03 Feb, 2012 07:11
  International debt inspectors believe they have found another €15bn (£12.5bn) black hole in Greece's public finances caused by the deepening recession, delivering the crippled nation another devastating blow. With pressure growing over talks with priva

• Thursday newspaper round-up: Retail sector, Austerity, Lloyds
  02 Feb, 2012 06:48
  The former chairman of the fashion retailer New Look has said the high street is in an "death spiral" and has recommended re-classing empty shops for residential use. Phil Wrigley, the chairman of the retailer Majestic Wine, also criticised the recent rep

Company news from Share Cast

• IAG quantifies impact of pilots' strike at Iberia
  03 Feb, 2012 15:10
  International Consolidated Airline Group (IAG), the company formed through the merger of British Airways and Iberia, saw strong growth in premium traffic in January.

• Change at the top at ENRC
  03 Feb, 2012 15:02
  Kazakhstan-focused miner, Eurasian Natural Resources (ENRC), has named Mehmet Dalman as its new Chairman after the abrupt and immediate departure of the previous occupant of the big chair, Dr Johannes Sittard.

• Rothschild faces wrath of major Bumi shareholder
  03 Feb, 2012 14:59
  Nathaniel Rothschild and James Campbell, the founders of Bumi, the Indonesian coal miner, could be out on their derrieres if major shareholder Borneo Bumi Energi & Metal has its way.

Sector review from Share Cast

• Sector movers: BT lifts telecoms higher
  03 Feb, 2012 16:19
  Telecoms giant BT Group was lifting the fixed line telecommunications sector on Friday afternoon following its well-received third quarter results announced this morning.

• Sector movers: Smith & Nephew boosts health care stocks
  02 Feb, 2012 14:11
  The health care equipment and services sector was the best performer on Thursday afternoon after some well-received results from medical devices maker Smith & Nephew.

• Sector movers: ICAP, Brewing Dolphin lift financial services
  01 Feb, 2012 15:32
  The financial services sector was given a lift today by well-received statements from inter-dealer broker ICAP and stockbroker and wealth manager Brewin Dolphin.