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FTSE snaps three-day rally after miner weakness

March 13, 2013 11:31
By Alistair Smout LONDON (Reuters) - The FTSE 100 fell on Friday after a three-day rally, as investors backed away from riskier sectors and U.S. GDP figures came in below expectations. Material and energy stocks, which are sensitive to optimism over the global economic outlook, took 26 points off the FTSE 100, dragging the index into negative territory.

UPDATE 2-Pearson to restructure as growth proves elusive

February 25, 2013 08:00
* Sees 2013 earnings flat * 2012 EPS down 3 pct to 84.2 pence in line with January guidance * Starts 150 mln stg restructuring plan * CEO says FT not for sale * Shares down 5.6 pct By Sarah Young LONDON, Feb 25 (Reuters) - British learning and media group Pearson warned earnings will stall this year as it launched a 150-million-pound ($228.99 million) overhaul to counter a tough advertising market and tighter educational budgets.

Banks lead UK shares higher as FTSE resumes uptrend

February 11, 2013 06:15
* FTSE 100 gains 0.2 percent * Financials add over 8 points to the index * Barclays boosted by proposed cuts * Index rangebound but technical picture looks rosy By Alistair Smout LONDON, Feb 11 (Reuters) - Britain's blue-chip index edged up on Monday, supported by resilient banking shares after posting its first weekly loss this year last week.

Britain's FTSE edges back above 6,300 level

January 29, 2013 06:15
* FTSE 100 gains 0.2 percent * Anglo American heads rally by miners * GlaxoSmithKline boosted by Barcap upgrade * BT Group knocked by BofA Merrill downgrade By Jon Hopkins LONDON, Jan 29 (Reuters) - Britain's top share index pushed higher in early deals on Tuesday, nudging back above the 6,300 level which was breached for the first time since May 19 2008 in the previous session.
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