|
|
FTSE closes up as RBS dominates trading
Comparison of two summaries:
|
Information unique to its summary
|
Information unique to summary from multiple countries, from articles in English
|
Information unique to summary from the United Kingdom, from articles in English
|
Supermarket gains lit a fire under the whole sector with French group PPR up 2.9 per cent to €85.40, Spain's Inditex rising 4.1 per cent to €32.23 and Sweden's Hennes & Mauritz up 1.2 per cent to SKr330.50. (article 2)
Wall Street stocks extended their losses in a bumpy session as financial stocks stumbled and a rally in the material and technology sectors petered out in mid-afternoon. (article 3)
Shares in the Lloyd's List publisher climbed 4.8 per cent to 386¾p after Cazenove advised clients to "buy" on weakness. (article 5)
European companies suffered a bigger fall in first-quarter profits than their US counterparts in a striking contrast to the underlying performance of their home economies. (article 7)
Bradford & Bingley lifted 5 per cent to 70.5p Miners succumbed to profit taking with Eurasian Natural Resources down 2.8 per cent to $14.04 and Vedanta off 2.2 per cent to $24.49. (article 4)
Japanese companies are raising their dividends in spite of forecasting sluggish or negative earnings growth this year, boosting shares and contributing to gains in Japanese markets. (article 6)
The FTSE Eurofirst 300 fell 1.1 per cent to 1,319.13 points as investors used worries in the British banking sector as a cue to take profits after last week's rally. (article 1)
|
Its head Christopher Hohn blocked a bid by Deutsche Borse for the London Stock Exchange and ultimately led to the departure of Werner Seifert as chief executive of the German exchange. (article 1)
Bradford & Bingley lifted 5 per cent to 70.5p Miners succumbed to profit taking with Eurasian Natural Resources down 2.8 per cent to $14.04 and Vedanta off 2.2 per cent to $24.49. (article 1)
JP Morgan initiated Pearson, publisher of the Financial Times and US school text books, with an underweight rating and a 675p target. (article 1)
Shares in struggling home-shopping comany Findel fell as much as 8 per cent this morning as Goldman Sachs placed it on its conviction sell list and cut its target price from 330p to 180p. (article 1)
Findel warned in April that profits would be hit by a sudden rise in defaults from the customers to whom it extends credit. (article 1)
It has extended some $260 million in credit to its customers and Goldman warned that there was a risk that, as retail demand softened further, bad debts would snowball. (article 1)
It said the group had stopped growing and that without a big change in its capital structure - raising more cash from banks or a share issue - it would find it difficult to expand (article 1)
|
Source articles
- Julius Baer and UBS bear the brunt (ft.com, 06/02/2008, 584 words)
- Retailers lead European shares higher (ft.com, 06/03/2008, 571 words)
- Wall St gives up gains in volatile session (ft.com, 06/03/2008, 449 words)
- RBS jumps on activist shake-up talk (business.timesonline.co.uk, 06/03/2008, 439 words)
- FTSE closes up as RBS dominates trading (ft.com, 06/03/2008, 699 words)
- Raised dividend fillip for Japan (ft.com, 06/02/2008, 614 words)
- European companies hit harder than US rivals (ft.com, 06/03/2008, 467 words)
|
Source articles
- RBS jumps on activist shake-up talk (business.timesonline.co.uk, 06/03/2008, 439 words)
|
Story keywords
|
cent, €, Shares, sector, FTSE |
|
blaster@cs.columbia.edu
|
