The UK indexes rose after gross mortgage lending increased to 25-month high but Irish manufacturing output prices decreased in August. Lloyds Banking Group slumped 4%.
The UK indexes slumped 2% on the ongoing European debt crisis. European finance ministers failed to approve the Greek bailout portion. The UK household finance index eased but home prices climbed in September.
The UK indexes rose ahead of a meeting of European finance ministers in Poland. The UK households’ confidence improved in September. BoE Deputy Governor sounded optimistic note that the UK growth will gain momentum next year. Cooper Industries lowered third quarter and fiscal year earnings views.
The UK indexes soared after France and Germany reaffirmed Greece’s place in the euro area. The UK retail sales declined but inflation expectations for the year ahead increased to 4.2% in August.
The UK indexes gained after jobless claims rose less than estimated but unemployed soared to 7.9%. The European Central Bank offered to lend $575 million to two euro-zone banks. BP surged 4.6% after it acquired full control of Brazilian biofuel company Tropical BioEnergia.
The UK indexes closed higher but inflation accelerated in August and exports and imports rose to a record high in July. Mitchells & Butlers rebuffed takeover bid by Piedmont citing that it significantly undervalues the company.
The UK indexes declined on global economic woes. The Independent Commission on Banking proposed reforms to create a more stable and competitive UK banking system. Colfax offered to acquire Ireland-based Charter International for £1.53 billion.
Market indexes in Europe fell sharply and the German benchmark index declined to a two-year low after German Chancellor Angela Merkel controlled party suffered a defeat in a regional election. Banks led the decline on the worries after the U.S. is preparing to sue 17 banks.
The UK indexes extended losses after construction activity slid to an eight-month low in August and orders declined in the second quarter. Smiths Interconnect acquired Power Holdings for $235 million. LSE confirmed takeover talks with LCH.Clearnet.
The UK indexes fell on mixed global economic data. UK manufacturing declined to a 26 month-low in August. Glencore expressed intent to acquire stake in South African mining group Optimum Coal. Hargreaves surged 13% after fiscal year 2011 revenue increased 31% to £207.9 million.
Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites.
Market data: BATS Exchange. Inc.
350 Fund Managers Interviews - 10-year Annual earnings on 4,600 U.S. companies - 20-quarter Earnings on 3,800 U.S. companies - 3,200 U.S. IPO Prospectuses
- 2,100 Economic data releases from U.S., EU, UK, India, HK and Australia. 10-year Annual reports on 3,500 U.S. companies -
U.S. Earnings Calendar with 4,800 companies - 90,000 10-K reports - 26,000 Global markets news archive - 2,200 Earnings Conference Call Summaries
