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FTSE 100 Gains In Early Trade; Phoenix Group Shares Surge Over 7%

RTTNews | 641 dagar sedan

FTSE 100 Gains In Early Trade; Phoenix Group Shares Surge Over 7%

(RTTNews) - U.K. stocks started the week on a strong note after seeing sharp losses on Friday.

The benchmark FTSE 100 was up 58 points, or 0.8 percent, at 7,418 after falling 1.3 percent on Friday.

Phoenix Group shares surged 7.4 percent after the insurer lifted its full-year cash generation targets.

Vodafone rose about 1 percent after it partnered with Accenture to commercialize shared operations.

Défense giant BAE Systems added half a percent after raising its sales growth forecast.

Tullow Oil soared 7 percent. The company has entered into a $400 million five-year notes facility agreement with Glencore Energy U.K. Limited.

Drug maker GSK rallied 1.2 percent after receiving positive CHMP opinion for its oral therapy to treat anaemia in patients with a type of bone marrow cancer called myelofibrosis.

Real estate group British Land Company jumped 5.2 percent after posting solid first-half results.

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U.S. Consumer Sentiment Index Unexpectedly Decreases In August

U.S. Consumer Sentiment Index Unexpectedly Decreases In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday.

RTTNews | 29 minuter sedan

U.S. Import Price Growth Exceeds Estimates In July

U.S. Import Price Growth Exceeds Estimates In July

The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July. The report said import prices climbed by 0.4 percent in July after a downwardly revised 0.1 percent dip in June. Economists had expected import prices to inch up by 0.1 percent, matching the 0.1 percent uptick originally reported for the previous month.

RTTNews | 36 minuter sedan

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

U.S. Retail Sales Climb 0.5% In July, In Line With Estimates

A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July. The Commerce Department said retail sales climbed by 0.5 percent in July after jumping by an upwardly revised 0.9 percent in June.

RTTNews | 1h 9minuter sedan

U.S. Industrial Production Edges Slightly Lower In July

U.S. Industrial Production Edges Slightly Lower In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July.

RTTNews | 1h 17minuter sedan

New York Manufacturing Index Unexpectedly Increases In August

New York Manufacturing Index Unexpectedly Increases In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August.

RTTNews | 1h 52minuter sedan

U.S. Import Prices Rise More Than Expected In July

U.S. Import Prices Rise More Than Expected In July

The Labor Department released a report on Friday showing import prices in the U.S. increased by more than expected in the month of July.

RTTNews | 1h 56minuter sedan

U.S. Retail Sales Climb In Line With Estimates In July

U.S. Retail Sales Climb In Line With Estimates In July

A report released by the Commerce Department on Friday showed retail sales in the U.S. increased in line with economist estimates in the month of July.

RTTNews | 2h 1minuter sedan

Bay Street Likely To Open Flat

Bay Street Likely To Open Flat

Canadian shares may open somewhat flat on Friday, and the focus is on the upcoming meeting between U.S. President Donald Trump and Russian President Vladimir Putin, set to take place in Alaska later in the day.

RTTNews | 2h 25minuter sedan

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