Unilever shares plunge as it clashes with Tesco
Unilever shares slid this morning as it announced third quarter results and news of a fall-out with one of its biggest customers spread.
Unilever shares slid this morning as it announced third quarter results and news of a fall-out with one of its biggest customers spread.
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As the FTSE 100 settles into its lofty position above 7000, investors will be asking whether it is time to bank some profit.
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The FTSE 100 slid 1.2% to 6822 on Monday morning as widespread negative sentiment hit shares across the board.
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BHP Billiton shares were the second highest riser in the FTSE 100, climbing 3.3% to 1076.8p despite reporting record losses in its interim results Tuesday morning.
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Royal Bank of Scotland shares slipped 4.6% after the bank reported a worse than expected loss.
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Shares in HSBC jumped 3.6% on Wednesday despite it revealing a 29% slide in profits to $9.7bn for the first half.
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A 42% rise in ARM Holdings shares to 1699.5p lifted an otherwise lacklustre FTSE 100 into positive territory on Monday.
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Burberry Group shares spiked by over 7% on Wednesday after a better than expected sales update was released to the market.
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Sterling leapt 1.4% today as markets welcomed the restoration of some stability in British politics following the referendum on European Union membership.
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Asset managers with large UK property funds are weighing up their responses to a spike in redemptions.
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The dividend cover ratio across British companies has fallen to just below 1x, the lowest since the end of the last recession in 2009, according to The Share Centre.
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Gilt yields have gone negative for the first time in the wake of Mark Carney’s speech on the economy yesterday afternoon.
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