Monday, 26th January 2015

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Telecom Plus chairman raises stake following SSE's cut in gas prices

Mon 26th Jan 15, 15:06:36

The chairman and two directors in Telecom Plus bought new shares in order to show confidence in the business on the same day it was hit by cuts in gas prices by rival SSE.

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US close: Markets fluctuate as investors digest Greek elections' results

US stocks fluctuated on Monday, as investors digested the possible ramifications of the general election result in Greece, while Wall Street remained open despite one of the worst blizzard over the last few years. 2 hours ago

Microsoft Q2 results in line with expectations but shares fall

Microsoft shares fell over 2% in after-hour trading on Monday, even if the firm announced its second quarter earnings per share met analysts' expectations. 56 minutes ago

IBM dismisses layoff rumours

IT giant IBM has dismissed rumours that it was poised to slash its global workforce by a quarter. 3 hours ago

Sector movers: Energy stocks and airlines lead advance

Energy stocks finished the session higher after the secretary general of the Organisation for Petroleum Exporting Countries (OPEC) warned that the price of crude could rebound as high as $200, if circumstances forced the hand of producers, way higher than the record-high of $147 a barrel it hit in 2008. 4 hours ago

Oil price decline may have run its course, OPEC says

Abdulla al-Badri, the secretary general of the Organisation for Petroleum Exporting Countries (OPEC), has claimed that oil prices could be on the rise very soon. 4 hours ago

Tuesday preview: Preliminary fourth quarter GDP numbers in focus

Trading on Tuesday will likely be restrained ahead of Wednesday's US Federal Reserve monetary policy meeting. 7 hours ago

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