FTSE 100-listed Smiths Group is to be broken up after the conglomerate announced plans for the separation of its Interconnect and Detection businesses. The move will allow Smiths to focus on flow and heat management through its remaining businesses of John Crane and Flex-Tek.
Associated British Foods today cut its Primark sales growth forecast after the chain’s UK operation endured a difficult end to 2024. UK sales in the 16 weeks to 4 January declined 4%, with the like-for-like figure down 6.
US stocks rose on Thursday, with the Nasdaq (^IXIC) and S&P 500 (^GSPC) eyeing a comeback as investors digested news that the US economy expanded slower than economists had expected in the last three months of the year.
All stocks on the FTSE index group are free-float weighted so that companies are weighted by the total value of shares that are actually available to portfolio investors rather than the total market cap. The FTSE 100 index was created in 1984 and has a net ...
The FTSE 100 ( ^FTSE) and European stocks were muted on Thursday as consumer confidence in the British economy tumbled to a new low amid recession fears.
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as UK government borrowing rose more than expected in December to hit its highest level for the month for four years. This continues to pile more pressure on the UK's finances.
Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Sept
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Stocks across Asia lost ground on Monday as worries about Chinese AI company DeepSeek reverberated. The company's discounted R1 model knocked tech stocks, sending the Nikkei ( ^N225) in Japan 0.9% lower. The SSE Composite ( 000001.SS) also fell 0.1%.
The major U.S. index futures are currently pointing to a higher open on Thursday, with stocks likely to move back to the upside after
Tesla jumped 3.2% after CEO Elon Musk told analysts on a conference call that the company was on track to offer unsupervised “full self-driving” technology to its customers as a paid service starting in Austin in June. The electric car maker's fourth-quarter sales and profit fell short of Wall Street projections.
Stocks are ticking higher on Wall Street following a rush of profit reports from some of the country’s most influential companies. The S&P 500 rose 0.3% in early Thursday trading.