Thursday, 30th October 2014

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News & Reports

London close: FTSE ends session with modest gains

Thu 30th Oct 14, 16:36:35

The top tier closed slightly higher on Thursday, as a strong performance by Smith & Nephew was offset by losses amongst the mining sector.

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US close: Markets gain after better than expected GDP data

US stocks advanced on Thursday, following better-than-expected real gross domestic product (GDP) data, fuelling speculation the economy is strong enough to withstand higher interest rates. 4 hours ago

Europe close: Stocks pick up after Eurozone, US data

European stocks rebounded as investors digested a batch of data in the Eurozone and the US. 6 hours ago

NHS workers to go on strike next month, reports say

Nurses and midwives from the NHS are expected to go on strike next month, reports have said. 7 hours ago

Mondi receives upgraded credit rating

International packaging and paper group Mondi has announced that the recent upgrade of the company's credit rating. 7 hours ago

Friday preview: Investors look ahead to RBS, WPP, Eurozone inflation, US data

Royal Bank of Scotland (RBS) results, Eurozone inflation and US data on both personal spending and consumer confidence will be high on Friday's agenda. 8 hours ago

FTSE 100 movers: Smith and Nephew rises after first quarter results

Medical devices maker Smith & Nephew rose strongly after it posted a 3% increase in both revenue and profit for the third quarter, thanks to an improvement in its emerging and international markets units, recent product launches and investment in the sales force. On an underlying basis, turnover climbed from $1,027m to $1,148m, thanks to its Sports Medicine and Trauma & Extremities divisions, which benefitted from recent product launches and investment in the US sales force. 7 hours ago

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