Market and Economics

US midday: Facebook flotation can’t hide euro terrors

Posted on: 18 May 2012 by Polly York

-Euro fears dominate -Facebook IPO raises 16bn but shares now flat...

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London close: Footsie battered again

Posted on: 18 May 2012 by Polly York

Footsie finished not far off its low for the day after a lunch-time rally fizzled out. ...

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BoE´s Posen rethinks his position on quantitative easing

Posted on: 18 May 2012 by Polly York

In an interview with newswire MNSI Bank of England policy-maker Adam Posen indicates that his recent decision to drop hi...

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Europe close: The slump continues

Posted on: 18 May 2012 by Polly York

- Greece continues to weigh down markets - Investors react to Moody's downgrade of Spanish banks - Concern over slowin...

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US mid-morning: Market likes Facebook

Posted on: 18 May 2012 by Polly York

- Facebook rises in early trading - Yahoo! wanted on rumours of Alibaba sale - Bound yields rebound...

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JD Wetherspoon founder gets some more in

Posted on: 18 May 2012 by Polly York

A round-up of the biggest director deals today so far....

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Results Round-up

Posted on: 18 May 2012 by Polly York

Revenue and profits at bourse operator London Stock Exchange came in ahead of expectations, with the group boasting of s...

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US pre-open: Hewlett Packard may cut its work-force by 8%

Posted on: 18 May 2012 by Polly York

The major US equity benchmarks are now being called to open higher by about 0.5% on average. That on a day when the even...

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London midday: Losses trimmed on Wall St hopes

Posted on: 18 May 2012 by Polly York

After hitting a low of 5,257 at around 10:30 Footsie clawed its way back up towards 5,300 for the rest of the morning se...

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Europe midday: Schaeuble expects financial turmoil to lessen in 24 months

Posted on: 18 May 2012 by Polly York

-Somewhat conflicting poll results in Greece -Bankia could ask government for EUR10bn in rescue funds-El Economista -S...

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