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Thursday Closing Market: FTSE stands still on fresh oil price spike

17:29 | 21 Aug 2008 | By Dylan Lobo

The FTSE 100 endured a tepid session following yesterday’s 1% rise as a fresh spike in oil prices weighed on sentiment.

Lunchtime Market: Miners and oil lift FTSE near par

14:05 | 21 Aug 2008 | By Colin McClelland, Tony Bonsignore

The FTSE 100 index had pared most of its early losses by Thursday lunchtime, boosted yet again by miners and oil stocks.

Schroder Income Maximiser drops call strategy in hunt for capital growth

13:19 | 21 Aug 2008 | By Matthew Goodburn

The high volatility in the first half of the year and strong dividend yield of the portfolio has meant Schroder's Income Maximiser fund has no covered calls in place for the first time since its November 2005 launch.

The Daily Interview: Commodity correction nothing to do with fundamentals, says JPM fund's Henderson

12:16 | 21 Aug 2008 | By Danielle Levy

JPM Natural Resources fund manager Ian Henderson believes the recent sell-off in commodities has nothing to do with fundamentals but rather forced selling and market speculation.

Morning Line: Cuomo campaign against financial fraud shames UK

10:31 | 21 Aug 2008 | By Tony Bonsignore

Other countries appear to be making more effective efforts to bring the perpetrators of the current financial crisis to justice

Thursday Morning Market Update: Unexpected jump in retail sales lightens the gloom

10:05 | 21 Aug 2008 | By Phil Cozens

Store shares recover, housebuilders move ahead after 'as expected' Persimmon results but banks remain in the doldrums.

Axa and Barclays back B&B rights issue

09:42 | 21 Aug 2008 | By Edward Lander

Insititutional investors Axa and Barclays have taken advantage of a rights issue at Bradford & Bingley that was shunned by 72% of shareholders.

Morning Eyecatchers: Broker Roundup: Investec negative on Stagecoach

09:31 | 21 Aug 2008 | By Phil Cozens

Brokers positive on Persimmon and Collins Stewart favours Cable & Wireless.

Persimmon posts 64% fall in profits but shares gain

09:26 | 21 Aug 2008 | By Tony Bonsignore

House builder Persimmon recorded pre-tax profits of £100.9 million in the first half of 2008 - down from £281 million from the same period last year.

Morning Eyecatchers: Persimmon H1 profits slump 64%; dividend slashed

08:25 | 21 Aug 2008 | By Phil Cozens

Fortis to sell ABN Amro TEDA share to Old Mutual, Amlin H1 profits tumble 26% and DM hits record first-half profits and in ongoing talks that may lead to an offer.

Thursday Papers: Manufacturers' output hopes slump -- other news

07:21 | 21 Aug 2008 | By Phil Cozens

Dow rallies 69 points and relief for Bank as wage rises slide to five-year low.

Thursday Papers: Lehman fails to sell 50% stake to Asian parties -- bid news and gossip

07:09 | 21 Aug 2008 | By Phil Cozens

Cinven pulls out of auction for Elan division and Stanhill trumps Xstrata bid for IndoPhil.

Thursday Papers: tips and comment

07:02 | 21 Aug 2008 | By Phil Cozens

Comment on BAA, Mecom, H&T, Dignity, Xaar, Wellstream, Fenner and JJB Sports.

Thursday Closing Market: FTSE bounces 1% on commodities and oil

17:32 | 20 Aug 2008 | By Dylan Lobo

Once again commodities and oil-related stocks came to the rescue of the FTSE 100 as it posted a decent swing on the upside after yesterday's sharp decline in the blue chip index.

Manufacturers' confidence hits seven-year low

16:02 | 20 Aug 2008 | By Tony Bonsignore

August industrial survey reading worst since 2001, Confederation of British Industry says.

Witan endures 11.4% first half fall in NAV

14:05 | 20 Aug 2008 | By David Campbell

Witan Investment Trust posted an 11.4% fall in net asset value over the first half of 2008 and 12.2% over the last year, blaming global volatility.

Lunchtime Market: Oil and miners fuel claw-back

13:25 | 20 Aug 2008 | By Colin McClelland

Oil and mining stocks led the FTSE 100 nearly 1% higher at midday as commodity prices and Asian markets helped buoy the blue chip index after a 2.4% fall yesterday.

BoE reveals three-way split on August rate hold

10:59 | 20 Aug 2008 | By Matthew Goodburn

The Bank of England's August rate-setting meeting reveals that the monetary policy committee was split three ways before deciding to maintain UK interest rates at 5% by a 7-2 vote.

Morning Line: US banks back under the spotlight as crisis returns with a vengeance

10:23 | 20 Aug 2008 | By Tony Bonsignore

US banks take a beating as leading economist warns that a big banking name will hit the dust soon.

Wednesday Morning Market Update: Oils and miners are main props for the Footsie

10:00 | 20 Aug 2008 | By Phil Cozens

Another three-way split on this month's rate decision from the Bank's MPC.

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