Thursday, 28th May 2015

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News & Reports

London close: Stocks edge higher after choppy session amid Greek uncertainty

Thu 28th May 15, 16:38:44

London's stocks finished a choppy session in the green, though gains were only modest as sentiment continued to be dominated by mixed newsflow from Greece.

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US close: Stocks decline amid growing concerns over first rate hike

US stocks on Thursday amid growing concerns over the timing of the first Federal Reserve rate hike. 3 hours ago

Abercrombie & Fitch's first quarter results fall short of expectations

Abercrombie & Fitch reported lower revenue and a wider-than-anticipated loss in its first quarter, but retained a positive outlook for the rest of the year. 6 hours ago

Europe close: Stocks mostly lower on Greece uncertainty

European stocks were mostly lower at Thursday's close amid uncertainty surrounding Greece. 6 hours ago

BuzzFeed plans IPO

Internet news media company BuzzFeed announced it is planning an initial public offering (IPO), its chief executive, Jonah Peretti, said at tech-conference on Wednesday. 7 hours ago

US oil inventories fall more than forecast, EIA data shows

Crude prices trimmed earlier losses on Thursday afternoon after data showed that US oil supplies declined more than expected last week. 7 hours ago

Raymond James cuts BT to 'underperform'; sees headwinds from changing competitive landscape

Raymond James downgraded its stance on BT Group to 'underperform' from 'strong buy' and cut its price target to 438p from 500p on Thursday, pointing to a radical change in the competitive market. 7 hours ago

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