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- Alliance & Leicester tumbles over capital fears
- MARKET REPORT Alliance & Leicester was weak yesterday after Panmure Gordon, mindful of the "unenviable combination of operating losses and declining credit quality/rising risk weightings", highlighted the need for additional capital at the FTSE 250-listed bank. The broker slashed its target price for the stock to...
- Research articles 2008-07-09
- Alliance & Leicester heads banking recovery
- MARKET REPORT Financial stocks mounted a comeback on the FTSE 100 yesterday. After suffering in the wake of problems at the American investment bank Bear Stearns, banking stocks were buoyed as their representatives met with the Bank of England on Thursday afternoon. Alliance & Leicester was...
- Research articles 2008-03-21
- WORLD MARKETS
- London The FTSE 100 edged down as fears of more credit losses offset stronger commodity stocks. The index closed down 6.8 points, or 0.1 per cent, at 5,869.0, well off its day's high of 5,973.3. Banks shaved 13 points off the FTSE. Barclays, HBOS, Royal Bank of Scotland,...
- Research articles 2008-01-26
- FTSE bounces back.
- But underlying sentiment remains fragile Jonas Crosland Leading shares bounced back from early lows in London, so that by lunchtime the FTSE100 index had turned an initial loss of 42.1 points into a gain of 48.7 points, at 6,169.5. Mid-cap stocks also managed to ...
- Research articles 2007-11-20
- WORLD MARKETS
- London The FTSE 100 lost more than 1 per cent as banks worldwide tumbled on news Citigroup could write off a further $11bn of sub-prime mortgage market losses, and Sainsbury plunged 20.7 per cent on a ditched takeover bid. The FTSE ended down 69.2, or 1.1 per cent,...
- Research articles 2007-11-06
- WORLD MARKETS: London
- An early spike to a five-year high was wiped out, as financial stocks fell broadly but mortgage bank Alliance & Leicester hit a record high on bid talk. The FTSE100 closed 64.1 lower at 5,972.2. Banks such as Royal Bank of Scotland contributed about 15 points to FTSE losses after...
- Research articles 2006-03-28
- Loose Change
- JOHN CHARCOL, the mortgage broker, is offering a five-year rate capped at 6.29 per cent involving no compulsory insurance, a 25 per cent penalty-free partial redemption facility and an arrangement fee of pounds 395. Call 0800 718191. ALLIANCE & Leicester is offering a six-year Guaranteed Investment Bond...
- Research articles 1998-12-05
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