Gulf Keystone share price jumps 71 per cent as it confirms sale February 25, 2015 London-listed oil producer Gulf Keystone's share price rocketed today after the company confirmed sales talks, amid an ongoing dispute with the Kurdistan regional government over late payments for its oil exports. Shares in Iraq-focused Gulf Keystone jumped 71 per cent to trade around 60p per share this morning. The company said it had held discussions [...]
AO World share price crashes 47 per cent after profit warning February 25, 2015 Shares in AO World, which debuted around a year ago, plummeted this morning after it issued a profit warning, saying it had come up against "tougher than expected trading conditions in the final quarter of the year." The etailer saw its shares shed as much as 47 per cent this morning, wiping around £500m off [...]
Whitbread share price rises after investors told to expect top end results February 25, 2015 The figures Shares in Whitbread opened 2.35 per cent up after the hospitality giant told investors to expect full-year results to come in towards the top end of current expectations, as sales at its cheap hotels and Costa Coffee chain continued to rise. Overall the group achieved a rise in like-for-like sales of 5.8 per [...]
Morrisons share price edges up as it names former Tesco man David Potts as chief exec February 25, 2015 Shares in embattled supermarket Morrisons opened one per cent higher this morning, after it named its new chief executive: former Tesco Asia boss David Potts. The supermarket launched its search for new boss in January, after chief executive Dalton Philips announced his departure. The appointment is part of a fresh start for the company: chairman Andrew [...]
TSB share price edges up as profits double February 25, 2015 The figures TSB shares opened 1.5 per cent higher this morning, after it reported statutory profit before tax of £170m in 2014, over 100 per cent up on the previous year. The group is strongly capitalised with a Common Equity Tier one capital ratio of 19.7 per cent. TSB landed 500,000 new bank accounts over [...]
Apple share price climbs towards trillion dollar valuation February 24, 2015 Apple, the maker of iPhones, MacBooks and soon-to-be Apple watches, saw its share price tick up today, meaning it was edging that little closer to hitting the never-before-seen trillion dollar valuation. Apple's share price fell as much as 0.9 per cent to 131.44 in early morning trade, before paring gains to 133.5. Yesterday, it closed [...]
HSBC share price hits two-year low in Hong Kong February 24, 2015 HSBC shares listed on Hong Kong's Hang Seng index, tumbled as much as 3.9 per cent to HK$69.15, after it posted figures showing pre-tax profits tanked 17 per cent to $18.6bn (£12.1bn) in 2014, down from $22.5bn the year before. The bank's shares listed on the FTSE 100 closed down 4.2 per cent at 573.3p yesterday, [...]
Persimmon share price falls despite profits jumping 44 per cent February 24, 2015 The figures Persimmon, the UK's biggest listed housebuilder, said underlying pre-tax profit jumped 44 per cent to £475m for the fiscal year 2014, up from £330m a year earlier. Full-year revenue rose 44 per cent to £475m, up from £330m in 2013. Completions – the number of homes built – rose 17 per cent to 13,509 while [...]
Apple plans €1.7bn investment in European data centre project February 23, 2015 TECHNOLOGY titan Apple’s shares reached a record high of $133 last night after the US group announced plans to invest €1.7bn (£1.2bn) on two massive European data centres. Chief executive Tim Cook called the data centres: “Apple’s biggest project in Europe to date”. Based in County Galway, Ireland, and Denmark’s central Jutland, the two data [...]
Quindell’s stock surges as it extends Slater & Gordon talks February 23, 2015 STOCK in the beleaguered insurance outsourcer Quindell surged 26 per cent in trading yesterday, after the company said it had extended the exclusivity period for talks with Slater & Gordon over the sale of its professional services division. The news was aimed at dampening market speculation that negotiations with the Australian law firm had come [...]