Monday, 2nd March 2015

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News & Reports

Wood Mackenzie seeks £2bn London listing

Mon 2nd Mar 15, 17:32:54

Energy research company Wood Mackenzie is preparing for an initial public offering on the stock market which could value the company at up to £2bn.

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Sector movers: Miners fall as PBOC rate cut underwhelms

Mining stocks declined on Monday as investors shrugged off some improving economic data from top metals user China and a rate cut by its central bank in an attempt to boost growth. 8 hours ago

Bill Gates named world's richest person for 16th time

Bill Gates has been declared the richest man in the world for the 16th time by Forbes magazine's annual ranking of billionaires. 6 hours ago

Nasdaq breaks the 5000 mark for first time since 2000

The US tech-rich Nasdaq Composite broke past the 5,000 mark for the first time since 2000 despite Monday's backdrop of data which showed the US suffered from a slowdown in manufacturing activity and a drop in US consumer spending. 16 hours ago

FTSE 250 movers: Amlin sinks on weak profits, Electrocomponents up as chairman buys shares

Amlin, the British insurer and re-insurer, topped the fallers after reporting a drop in full-year pre-tax profit by 21%, as an environment of low interest rates and weaker investment return dented profitability. Broker Numis Securities cut its rating on the stock from' buy' to 'hold', noting the results contained mixed divisional performance 10 hours ago

Electrocomponents chairman increases stake

The chairman of Electrocomponents bought some shares in the group on Monday. 8 hours ago

London close: FTSE pulls back from record as miners dip into the red

UK stocks inched lower on Monday after hitting a new intraday record high during the session as markets were underwhelmed by a raft of positive manufacturing data and a rate cut in China. 7 hours ago

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