TweetGoogle has seen its revenue increase by 27% for the final quarter, and 29% overall for 2011. However, this increase in revenue has still fallen short of shareholder expectations and as a result many people are selling. Google share price has dropped by 10% after the results were released, plummeting share price to $575... Stock market news »
TweetRBS, and us, the taxpayers, will be having to cough up £2.17 million to pay an FSA fine incurred by Churchill Insurance and Direct Line. Both Churchill Insurance Company Limited and Direct Line are private companies, owned by the Royal Bank of Scotland Group Plc.. It was... Stock market news »
TweetPRESS RELEASE FROM YAHOO! SUNNYVALE, Calif.– (BUSINESS WIRE)– Yahoo! Inc. (NASDAQ: YHOO), the premier digital media company, today announced that Jerry Yang has resigned from its Board of Directors and all other positions with the company, effective today. In addition, Yang resigned from the Boards of Yahoo Japan... Stock market news »
TweetPeacocks, the Welsh retail giant owned by the Peacock Group that grew from very humble beginnings in a penny arcade in Chesire is on the brink of falling into administration.... Stock market news »
The wide range of mortgage rates on the market has always been confusing, but the picture is complicated by the fact that the Bank of England base rate has... Stock market news »
TweetSaab Automobile AB, maker of classic cars such as the Saab 99, Saab 900, Saab 900 S Classic Convertible and Saab Sonnet, has filed for bankruptcy. Its former owner,... Stock market news »
Do you really understand what the National Debt is? A recent Channel 4 Programme actually revelad that a number of MPs do not understand this so it is hardly... Stock market news »
TweetThomas Cook issued 3 profit warnings this year and has now announced losses of £400 million. It is planning some major restructuring to solve its cash crisis. There will be... Stock market news »
TweetIt seems that tech stocks are on the agenda again. After the first tech stock bubble burst investors became extremely wary of technology stock, especially Internet stocks, and started... Stock market news »
TweetNews just in. HSBC has just been handed a £10.5 million fine from the FSA for giving poor advice to the elderly. This is the biggest fine ever given... Stock market news »
TweetThe news that every tech stock fund manager has been waiting for – Facebook have made an announcement about their planned initial public offering (IPO). It is expected to... Stock market news »
TweetArcadia, the parent company of many popular high street stores such as Top Shop, BHS, Burton, Dorothy Perkins, Wallis and Miss Selfridge, has announced that it will be closing up to... Stock market news »
TweetThis morning Thomas Cook share price has fallen sharply after the announcement that it has suffered a “deterioration of trading in some areas of the business” and is in... Stock market news »
TweetToday, Tesco is a world leader in the grocery market – third largest by revenues in the world, second largest by profits in the world, and with the largest... Stock market news »
TweetNews just in that Virgin Money has bought Northern Rock for £750 million. This means that Richard Branson is now a high street banking tycoon. Virgin Money have only... Stock market news »
TweetThe Royal Bank of Scotland Group (RBS) provides banking and insurance services. The UK Government owns 84% of the bank through UK Financial Investments Limited (which also own Northern Rock... Stock market news »
TweetYet another huge tech stock IPO was launched today. Groupon, the website business that provides coupons, money off vouchers and other offers, floated on the NASDAQ today. Shares were thought... Stock market news »
TweetNot so long ago people were concerned that the retirement age was forever creeping up higher and higher. Many people felt that their retirement would be just a few... Stock market news »
TweetThe biggest news of the day is the shares in Reckitt Benckiser have fallen sharply. So far today (25th October 2011) shares have fallen by 121p down to 3,325p, a... Stock market news »
TweetBP Plc has announced that third quarter profits for 2011 have risen. After the disaster that was 2010 BP is finally seeing the light at the end of the... Stock market news »
TweetSome French banks have “enormous exposure” to the Greek debt problems. As a result Credit Agricole and Societe General have been downgraded. BNP Paribas is considering “massive restructuring” to... Stock market news »
TweetThe UK has been the home of a number of thriving businesses over past years, but how long have some of the oldest ones been trading for? It may... Stock market news »
TweetToday the FTSE 100 Index crashed (ok, “dipped”) after Merv King’s warning that the country was not going to grow and also on the back of the news that... Stock market news »
TweetFor the last 4 days there has been rioting in the streets of England. It started in London with the biggest problems in Clapham, Croyden and Tottenham and then... Stock market news »
TweetTaylor Wimpey, the result of the merger of Wimpey Homes and Taylor Woodrow in 2007, is expecting more struggles in the house building sector. CEO Pete Redfern explained that the merger led... Stock market news »
TweetNorthern Rock’s CEO Ron Sandler is confident that the bank will be making a profit by 2012. He told the FT that they had reduced the losses “significantly” and that... Stock market news »
TweetHSBC have had an unbelievable year so far with 6 month profits up by 3 percent to $7,000,000,000. However, they are cutting around 30,000 jobs globally. Thankfully the UK... Stock market news »
TweetBSkyB are planning to buy-back £750 million of their own shares to help protect themselves from a hostile takeover bid. The move will also make it clear to shareholders... Stock market news »
TweetIt seems that the new owners of Harrods have decided that one way to boost sales this Christmas is to start early. Maybe the Qatari royal family simply mistook our... Stock market news »
TweetThe phone hacking scandal that his News of the World is spreading across the whole of News International with reports of the FBI investigating claims that families of victims... Stock market news »
