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FTSE 100 movers: RBS leads financials lower

Mon, 20th Jun 2011 16:01

Financials are among the fallers over concerns of a possible Greek default, as Europe's finance ministers remain at loggerheads over dishing out a chunk of the €110bn bailout money agreed last year for the country. RBS, Man Group, Hargreaves Lansdown and Schroders were the worst four performers as of Monday afternoon. Lloyds and Barclays are also heading lower.Temporary power and temperature control provide Aggreko is also providing a drag despite seeing an acceleration in the rate of underlying growth in the second quarter.Packaging giant Rexam is unwanted after agreeing to sell its closures business for $360m (£222m) as it seeks to pay back its debts. Power systems colossus Rolls-Royce is lower after bagging the contract to provide engines for an enhanced version of the Airbus A350-1000 aircraft. Also underwhelming after a contract win is business services group Capita, after signing a £100m contract with the Driver and Vehicle Licensing Agency (DVLA).Inmarsat, the satellite engineer is the highest riser of the day, gaining 4.6%. Airline IAG and telecoms titan Vodafone are also wanted.InterContinental Hotels Group is edging higher after selling - but still agreeing to manage - its 210-room Hotel Indigo San Diego to Chesapeake Lodging Trust for $55.5m (around £34.2m), in line with its strategy to grow its management and franchise businesses whilst reducing capital intensity. ---BC
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1 Aug 2014 09:15

London open: Miners, RBS drag UK stocks lower ahead of US data

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UPDATE: Rexam Says Strategy On Track As Half-Year In Line With Expectations

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1 Aug 2014 07:46

London pre-open: FTSE to track losses seen Stateside

London's blue chips are expected to extend yesterday's losses early on in Friday's session following a large sell-off in the States on Thursday evening. City sources predict the FTSE 100 will open around 12 points lower than yesterday's close of 6,730.11. US stocks slid after a worse-than-expecte

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1 Aug 2014 07:44

Rexam hit by FX and high metal prices in first half

Beverage can maker Rexam said it was on track after an in-line first half despite foreign exchange (FX) and high aluminium prices impacting results. Even though beverage can volumes improved by 4%, the company delivered sales of £1,881m in the six months to 30 June, down 5% on a reported basis over

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1 Aug 2014 06:53

Rexam Says Strategy On Track As Half-Year In Line With Expectations

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MARKET COMMENT: UK Stocks Set To Extend Losses

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1 Aug 2014 06:26

Aluminium costs dent can maker Rexam's half-year profit

Aug 1 (Reuters) - Rexam Plc, the world's No. 2 drinks can maker by revenue, posted a 2 percent decline in underlying pretax profit for the first half of the year, hit by high aluminium premiums in Europe and a strong pound. Underlying pretax profit fell to 166 million pounds ($280 million)

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UK Earnings, Trading Statements Calendar - Week Ahead

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MARKET COMMENT: UK Stocks End Busy Day In The Red

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