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Petra Diamonds tumbles

Petra Diamond's (LON:PDL) shares sank this morning after they said they expected revenue to be below consensus expectations.  The South African diamond miner said that the...
royal mail

Royal Mail FTSE 100 top riser after broker upgrade

Shares in the Royal Mail rallied after they were moved to overweight from neutral a day after the government sold a 15% stake in...
ryanair

Ryanair ordered to reduce Aer Lingus Stake

Ryanair has been told to cut its 30% share in Aer Lingus down to 5%, in a final ruling by Britain's competition watchdog. British Airways-owned...
sainsbury's

Sainsbury’s sales fall for sixth consecutive quarter

Sainsbury have posted a sixth consecutive quarter of sales declines. Like-for-like Sales excluding fuel were down 2.1% in Q1. However, shares in the in supermarket...
hsbc

HSBC plc slashes 25,000 jobs

HSBC plc (LON:HSBA) has announced it will slash 25,000 jobs in an effort to cut costs and make the bank less complex. London’s largest...

Vodafone dispels merger rumours

Vodafone has revealed that it is in talks with Liberty Global over “selected asset swaps”, but are not discussing a full-blown merger. The FTSE 100...

Shares in Horse Hill consortium suspended

Shares in the Horse Hill consortium including UK Oil & Gas Investments (LON:UKOG), Alba Mineral Resources PLC (LON:ALBA), Solo Oil PLC (LON:SOLO), Doriemus PLC...

Playtech to buy Plus 500 for £460m

The Plus 500 (LON:PLUS) saga took an interesting twist this morning as FTSE 250 software developer Playtech announced that it is to buy the...

UK companies reporting week commencing 1st June 2015

Tuesday 2/5/15  AO World plc (LON:AO) Wolseley plc (LON:WOS) AMEC Foster Wheeler plc (LON:AMEC)  Wednesday 3/5/15  Dixons Carphone plc (LON:DC) WH Smith Group plc (LON:SMWH)  Thursday 4/5/15  Pets At Home plc (LON:PETS) Johnson...

Associated British Foods rallies on broker upgrade

Analysts at Goldman Sachs have upgraded Associated British Foods (ABF:LON) from a sell to a buy and bumped up their price target to 3120p...