UK Share Prices News Page 1

Burberry has seen an increase in the price of its shares even though the fashion house has also recorded a drop in demand in China, one of the company’s key growth markets. Stock was up 13 per cent on news that other markets remained strong. For the half-year ending in September underlying revenues rose by eight per cent compared to that...

The proposed merger of BAE Systems in the UK with EADS, the European aerospace giant, has seen shares in both companies fall. Although BAE stock originally surged by seven per cent, the firm saw shares drop by 7.3 per cent yesterday. EADS shares initially lost five per cent of their value and have since dropped a further 10.2 per cent. The...

Shares in BAE systems, the UK defence contractor, have risen by around eight per cent on the news that it may be considering a merger with EADS, the European aerospace company. In a statement issued by BAE it was explained that the firms would operate as a single entity, but would remain separately listed on their respective stock...

Shareholders in US banker Citigroup have been awarded £370 million because of the subprime disaster which was one of the catalysts for the global financial crisis four years ago. Stockholders in the company believe they were not given enough information about just how exposed Citigroup was to toxic mortgages. Although the banker has...

International Airlines Group shares dropped 5.2 per cent on Friday after the Iberia and British Airways owner announced a 390 million euro loss for the half-year ending in June. This is compared to pre-tax profits of 39 million euros for the same period a year earlier. According to the group the losses were mainly due to the problems being...

Burberry, the fashion group, has announced that a growth of sales in the Asian market has led to a boost in revenues for the last quarter. For the three months ending in June the company said it had increased revenue by 11 per cent to £408 million. However, Burberry shares have fallen in value by 7.4 per cent because the growth fell short...

Marks and Spencer has posted a second-quarter sales drop which was in part blamed on stock issues at the start of the year and unseasonably poor weather. It has also announced a management shake up which will see Kate Bosworth step down from her position as head of general merchandise. Like-for-like sales in the UK between April and June...

Insurance firm Aviva has announced that it is to increase its target for cost saving and implement a broad disposal plan in an effort to turn its share price around. According to executive chairman Jon McFarlane the moves should mean that the company will not have to reduce its dividend or issue new shares. Aviva recently embarked on a...

Shares at Barclays seem to have steadied following the announcement that Bob Diamond, the bank’s chief executive, is stepping down. According to analysts his resignation will help to take some of the heat currently focused on Barclays because of the libor-fixing scandal away. In a statement Mr Diamond said he had taken the decision to...

Better than expected manufacturing figures between China and the UK and Europe have helped to push stocks in the UK to and eight week high. An announcement that it may be about to sell off various divisions saw insurer Aviva Plc shares gain 3.7 per cent. Barclays Plc saw shares jump by 3.4 per cent following the resignation of Chairman...