Tuesday, 21st April 2015

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FTSE 100 movers: Sky rockets on Q3 results, miners and oils stocks lower

Tue 21st Apr 15, 13:44:48

Sky topped the FTSE 100 risers after third-quarter results showed the most growth in 11 years. The broadcaster grew customer numbers 70%, which fed through to a 20% increase in operating profits.

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Russian economy contracts due to EU sanctions and weak oil price

Russian economy has shrunken during the first three months of the year, the country's Prime Minister Dmitry Medvedev said. 2 hours ago

Ladbrokes launches Irish restructuring, redundancies 'likely at all levels'

Less than a month after taking charge, Ladbrokes' new chief executive Jim Mullen has put the bookmaker's lossmaking Irish business into examinership in order to conduct a major restructuring. 1 hour ago

US open: Stocks edge forward on upbeat earnings

US stocks edged higher on Tuesday, as markets were buoyed by a raft of better-than-expected earnings. 1 hour ago

Teva formalises offer to acquire Mylan for $82 a share in cash and stock

Teva Pharmaceuticals has launched a bid to acquire sector peer Mylan in a cash and stock deal. 2 hours ago

John Major backs Cameron amid accuations of English nationalism

Former Prime Minister Sir John Major has voiced support for David Cameron, warning that a Labour-SNP coalition could destabilise the UK's economic recovery and leave Labour leader Ed Miliband open to manipulation and "political blackmail". 3 hours ago

Morgan Stanley US drug sector note predicts 'no M&A slowdown'

Morgan Stanley said it does not foresee an imminent slowdown in deal activity in the drug sector, with spending on research and development also expected to gain approval from the market. 2 hours ago

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