Shares in Greggs (GRG) were down more than 3% to £30.07 as investors expressed mild dissatisfaction with the UK bakery chain's third-quarter trading update. Reporting a 10.6% rise in total sales for the 13 weeks to 28 September, and 12.7% year-to-date, the company expects its full year outcome to be in line with previous expectations, acknowledging ongoing economic uncertainty. Like-for-like s...

Strong demand from US investors allowed pharmaceutical giant Pfizer (PFE:NYSE) to sell an upscaled 640 million shares in consumer healthcare group Haleon (HLN) at 380p, representing a 3.3% discount to the prior close. Investors focused on the positive implications of a reduced share overhang and marked the shares down by only 1.2p or 0.3% to 391.7p, leaving the stock up 21% for the year, ahead...

Stock prices in London opened mixed on Tuesday morning, with the FTSE 100 higher but other indices down on a data-heavy day dominated by purchasing managers' indices. The FTSE 100 index opened up 15.28 points, or 0.2%, at 8,252.14. The FTSE 250 was down 20.05 points, or 0.1%, at 21,033.14, and the AIM All-Share was down slightly at 740.33. The Cboe UK 100 was up 0.2% at 826.21, the Cboe UK 250...

Stocks in London retreated on Monday, after downgrades to the UK's economic growth estimates, while automotive weakness continued. The FTSE 100 index ended down 83.81 points, 1.0%, at 8,236.95. The FTSE 250 closed 187.37 points lower, 0.9%, at 21,053.19, and the AIM All-Share shed 5.22 points, 0.7%, at 740.43. The Cboe UK 100 ended 1.0% lower at 824.66 on Monday. The Cboe UK 250 fell 1.0% to 18...

Stock prices in London remained in the red at midday on Monday after data showed UK's economy grew milder than expected in the second quarter, while China continued its stimulus efforts. The FTSE 100 index was down 64.56 points, or 0.8%, at 8,256.20. The FTSE 250 was down 227.22 points, or 1.1%, at 21,013.34, and the AIM All-Share was down 3.66 points, or 0.5%, at 741.99. The Cboe UK 100 was do...

Housing portal Rightmove (RMV) offered a firm rebuttal to the fourth - and as it stands final - takeover offer from Australian group REA Group (REA:ASX) saying it still 'materially undervalued' the business and its future prospects. Rightmove shares dipped 52p or 8% to 616p against REA's offer of more than 780p in cash and stock. OFFER LABELLED 'UNATTRACTIVE' Under the terms of REA's latest off...

Simon Wolfson, CEO of clothing retailer Next (NXT) has sold three tranches of shares during the period 20 to 24 September. Wolfson sold 204,349 shares at £100.65 for a total value of £20,568,376; 57,962 shares at £101.57 at a total value of £5,887.051 and 27,689 at £100.04 for a total value of £2,77,001 on 27 September. Dan Coatsworth, investment analyst at AJ Bell said: 'Company director...

Stock prices in London opened lower on a busy Monday, as the UK's gross domestic product climbed by less than previously anticipated in the second quarter of the year. The FTSE 100 index opened down 13.45 points, or 0.2%, at 8,306.50. The FTSE 250 was down 117.28 points, or 0.6%, at 21,123.28, and the AIM All-Share was up 0.68 points, or 0.1%, at 746.33. The Cboe UK 100 was down 0.1% at 831.73,...

Stocks in London closed in the green on Friday, as Chinese stimulus measures continued to give equities a boost. The FTSE 100 index ended up 35.85 points, 0.4%, at 8,320.76. The FTSE 250 closed up 230.12 points, 1.1%, at 21,240.56, and the AIM All-Share added 4.00 points, 0.5%, at 745.65. For the week, the FTSE 100 rose 1.1%, the FTSE 250 added 2.0%. The AIM was unmoved from this time last week...

European stocks were in the green at Friday midday after a slew of fiscal stimulus measures from China, and as investors await key US inflation data which is crucial in the Federal Reserve's interest rate decisions. The core personal consumption index remains traders' main focus going into Friday afternoon, and is expected to remain unchanged at 0.2% on a monthly basis with a small annual uptic...

Food producer Cranswick (CWK) has once again seen trading top expectations due to strong demand leading it to raise its half-year and full-year earnings guidance. The shares leapt 280p or 6% to £49.95 taking them not only to the top of the FTSE 250 leader board but to an all-time high. ONWARDS AND UPWARDS Cranswick, based in the East Riding of Yorkshire, supplies fresh pork, poultry, convenien...

It's another strong end to a firm week for US markets with the S&P 500 hitting a new record following the release of upbeat US economic data. The Cassandra's have been talking down the US economy for a while, but a slate of fresh data supported a solid economy, easing fears that perhaps the Federal Reserve is cutting rates aggressively because of a potential slowdown. The S&P 500 closed at a re...

Stocks in London closed higher on Thursday, as China's ongoing stimulus measures continued to buoy risk sentiment. Miners continued to rise, while luxury retail also moved higher again, boosting the CAC 40 in Paris. Travel stocks joined in on the rally, after a bullish update from a US peer. Share price falls for oil majors kept a lid on the FTSE 100's progress, however. The FTSE 100 index clos...