Fri 3rd Jul 15, 07:52:28
JPMorgan Cazenove upgraded BP to 'overweight' from 'neutral' and raised the price target to 475p from 450p following the company's unexpected settlement on Thursday over the 2010 Gulf of Mexico oil spill.
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Iron miner Ferrexpo said on Friday that pellet production grew in the second quarter and in the first half as it reached record production of premium 65% iron ore pellets, which made up 89% of volumes. 1 hour ago
Gulf Keystone Petroleum has awoken to a fresh bedroom crisis, with the exit of three board members just days before its annual shareholder meeting. 2 hours ago
UK stocks are expected to open flat on Friday morning as market pause for breath ahead of a quiet day, with investors awaiting a pivotal weekend for Greece. 1 hour ago
The head of the Hellenic Chambers of Commerce Constantine Michalos has confirmed that cash reserves at Greek banks were down to just 500m. 2 hours ago
Online payments group Optimal Payments (OPAY) said trading remained strong in recent weeks and that it planned, once its acquisition of rival Skrill is complete, to move from AIM to the main market, where it expects to be eligible for inclusion in the FTSE 250 index. 2 hours ago
Royal Bank of Scotland faces a $13bn claim over allegations regarding its actions before the 2008 crisis, reports said. 2 hours ago
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‘Buy the dip’ has been perhaps the most consistent mantra of this bull market.
Each time the market undergoes a heavy sell-off, be it thanks to Greece, Ukraine, the US debt ceiling or a host of other reasons, this phrase comes up.
People trade for a number of reasons. But why would anyone decide to take the plunge into the high risk world of forex trading?
Here are our top 5 reasons people trade.
Let’s face it, UK Mail Group (UKM) is in a pretty boring business. As the UK’s largest independent postal operator, it delivers letters and parcels to businesses throughout the UK and internationally.
Sometimes though, boring businesses are best. They can often be found delivering the same product or service, thousands or millions of times a day, to customers who want to use those products or services every single day.
You may buy gold options to trade an expectation on the direction and/or volatility of the price of gold (XAU/USD).
Gold options are available on web-trading platforms, such as optionsReasy, and MetaTrader4. If you want to know how to invest in the gold market using options here's a short guide.
A stock split proposed by Netflix (NFLX) has put this corporate technique back into the news. But are stock splits a good sign, or an indication that a strong rally has run its course?
In the case of Netflix, the firm announced that it would split its stock 7 for 1. Thus shareholders will see their number of shares increase in number sevenfold, but without any increase in value - in fact the value of each share will automatically fall sevenfold too.