Evraz profits plunge 99.5 per cent as sanctions hit Evraz Russian steel giant Evraz saw its profits fall by 99.5 per cent in the first half of the year after sanctions were slapped on the firm in May and demand for its products dried up.
Evraz denies Kremlin ties and downplays effect of sanctions UKRAINE CRISIS Evraz has revealed it is "deeply concerned and saddened" by conflict in Ukraine, and hopes a peaceful resolution will be found.
Evraz hails ‘healthy’ results despite massive drop in profit Evraz hails 'healthy' results despite massive drop in profit Miner Evraz released a set of “rather healthy results” today even as net profit dropped by more than two thirds in the first half of the year. Lower prices for vanadium and coking coal took a 22 per cent chunk off the company’s earnings before interest, tax appreciation and amortisation (ebitda). Read more: Sterling falls [...]
Sterling falls as doubts emerge over cross-party Brexit talks April 16, 2019 Sterling fell after reports emerged that Labour leader Jeremy Corbyn had said talks with the government were stalling, although the party has slapped down the claim. Read more: Tusk says he still dreams of UK U-turn on Brexit A falling pound sent the FTSE 100 to a six-month high, as investors responded to the news [...]
Best 25 stocks in the last tax year April 15, 2019 By Graeme Evans from interactive investor. The FTSE 100 outperformed mid-caps last tax year, but the top FTSE 350 performers might surprise you. Take a look at the financial year ended on the 5th April, with the 25 top performing stocks in the FTSE 350 all producing gains of 40 per cent or more over the [...]
Dogs of the Footsie 2019: 10 shares yielding 6 per cent plus March 23, 2019 By David Budworth from interactive investor. Here are the 10 high yielders that make it into this year's Dogs of the Footsie investment strategy. It's time to reset our Dogs of the Footsie portfolio, selecting the 10 highest-yielding shares of the FTSE 100 index. Around half of 2018's portfolio is carried over on to this [...]
London miners dominate market rise after iron giant Vale cuts output March 18, 2019 London’s miners dragged the stock exchange upwards this morning after Brazilian iron giant Vale announced another output cut over the weekend. The company, which is in crisis after one of its dams burst leaving over 300 people dead or missing, said a court had ordered it to stop operating the Timbopeba mine in Minas Gerais [...]
Chelsea FC turnover hits a record after bumper financial year for owner Abramovich January 13, 2019 A return to the UEFA Champions League helped deliver record turnover for Chelsea Football Club in 2018, adding to a bumper financial year for its owner Roman Abramovich. The Russian billionaire, who recently emerged among the FTSE's big winners in 2018 largely due to rising steel prices, has seen turnover at his Premier League club hit [...]
Global markets rally on improved US-China trade relations December 3, 2018 Markets worldwide rallied this morning on the news that China and the US had pulled back from the brink in their escalating trade war. The FTSE 100 was up 145 points on 7,125, the FTSE 250 up 250 points to 18,730 and the FTSE all-share was up 73 points on 3,896. Among the biggest risers [...]
FTSE round up: Index drops on oil and mining share sell-off following fears of oversupply November 23, 2018 The FTSE 100 closed 0.14 per cent down this week after falling to 6,950.82, driven by a sell off in oil and mining shares. The biggest faller was silver and gold miner Fresnillo which saw a 6.98 per cent decrease to 746.4p as the company continued to feel the effects of being downgraded by Morgan Stanley [...]