Share Price News News

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...

A proposed merger between EADS and BAE systems has hit a stumbling block as Lagardere a major shareholder in the European giant has expressed reservations regarding the deal. As it stands, a decision about the tie-up needs to be made by 10 October because of a deadline set by the UK’s Takeover Panel. However, a request for an extension from...

It is expected that today will see Xstrata board members tell the mining company’s share holders that they should agree to a merger with Glencore, the commodities trader. The UK Takeover Panel has set today as the deadline for a decision. Glencore first announced its interest in a tie-up in May this year, but a disagreement over share...

Shares were slightly up across Europe at the end of the week as traders expect an announcement by China it is to introduce further measures to stimulate economic growth. However, investors are remaining cautious because of uncertainty surrounding Spain’s ability to initiate the fiscal reforms and spending cuts it will need for a financial...

Shares in social network giant Facebook took a tumble at the beginning of the week after the respected markets publication, Barron’s, released a story in which it claimed that the website’s stock is still greatly overvalued. Since May, when Facebook listed on the stock exchange, the value of its shares has dropped by 40 per...

An announcement last week that the US Federal Reserve will be introducing measures to help boost the economy has helped to push the world’s stock markets to multi-month highs. The new securities buying programme has resulted in investors putting money into riskier stocks and assets. The markets are also being supported by expectations...

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...

Peugeot Citroen, the French automotive company, has been told that after 24 September it will no longer have a place on the Cac 40 index. The announcement is an embarrassment for a firm, which was one of the founding members of the index 25 years ago. Peugeot’s place on the Cac 40 is to go to Solvay, the Belgian chemical producer. The...

Shares in Lenovo, the Chinese computer manufacturer, have dipped following a decision by Japanese firm NEC to dispose of all of its stock in the company. NEC purchased more than 280 million shares in Lenovo as part of a deal which would see it retain 51 per cent of a new venture the two firms were working on to manufacture computers for the...

Japanese electronics manufacturer Sharp has seen its share value plunge further after the company reportedly agreed to reduce a stake sale price to Hon Hai Precision Industry of Taiwan. An eight per cent drop in share value on Monday followed a 13 per cent reduction on Friday following a decision by Standard and Poor’s to cut the firm’s...