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Photo of AstraZeneca building

AstraZeneca shares surge 8% while weak JC Penney sales sees shares hit rock bottom

JC Penney has revealed weak first quarter numbers with its stock price hitting $4.74, near an all-time low, at one point.

Adrian Holliday
Macy's shares plummet 17%

Fear for US retail sales as Macy's shares plummet 17%

In the US, some shock for retailer Macy’s: shares fell 17% as the retailer revealed a profits slump with profits coming in at just 24 cents a share compared to an estimated 35 cents.

Adrian Holliday
bank of England

Bank of England warns spending downturn will continue as inflation hits real wages

Bank of England warns spending confidence will take time to recover meanwhile US shares take a hit, the worst daily decline since April.

Adrian Holliday
BT axes 4,000 jobs

BT axes 4,000 jobs as profits fall 19%

BT is to axe 4,000 back-office and managerial jobs and has cut its profit and dividend forecasts after a difficult year, which included an accounting scandal in Italy.

Richard Reed
the parent company of Snapchat

Snap’s picture unclear as Facebook muscles in on act

The long-term picture for social media giant Snap remains unclear after the company posted a huge quarterly loss of $2.2bn on May 10. It was the firs

Richard Reed
investment funds

New investment funds launch to tap into long-term trends

Uberisation of the economy

Brian Bollen
BT sheds jobs

BT takes the axe to 4,000 jobs and denies bonuses to top execs

London’s Big Board was up 0.59% higher on Wednesday at 7,385.24 edging closer to 7,400 helped by strong gains for oil players.

Adrian Holliday
Pret a Manger store

Pret a Manger mulls New York IPO meanwhile FTSE 100 nears 7,400

The FTSE 100 neared 7,400 ending the day at 7,388.13 though it hit 7,398.58 at one point. The two biggest climbers were Hargreaves Lansdown and Associated British Foods

Adrian Holliday
Britain's largest companies

Investors must have bigger say on executive pay

Shareholders should have greater influence when it comes to executive pay at Britain's largest companies, industry directors urged today

Neil Dennis
Stock market graphic

ITV ad revenues dip but Barratt predicts strong sales year

ITV ad revenues come under pressure but Barratt Developments predicts record sales year.

Adrian Holliday
Oil price

US markets remain tepid on geopolitical concerns, Nasdaq higher

The indices remained steady but the broader market weakly so sliding in reaction to rising geopolitical tensions between the US and North Korea and a slump in oil prices.

Claire Hunte
SSE and Centrica shares

SSE and Centrica shares hit on Tory plans to cap prices

SSE and Centrica shares hit on Tory plans to cap prices

Adrian Holliday
Apple shares

Apple shares power higher meanwhile Conservatives confirm energy rate bill cap

Apple shares shift higher meanwhile Conservatives confirm energy rate bill cap

Adrian Holliday
US stock markets

Feeble gains for US stock markets

At close the Dow Jones Industrial Average registered less than 0.1% change rising 5.3 points to 21012. The biggest movers of the day were Apple up 2.72% to 153.0 and Exxon Mobile rose from 82.02 to 82.89.

Claire Hunte
Stock market and euro down

Stock markets and euro slip on Macron result

Monday saw the FTSE 100 finish just three points higher at 7,300.86, up 0.05%. The top risers included Intu Properties, up 2.15% to 275.50p and Paddy Power Betfair, up 2.10% to 8,250p. Centrica shares lifted 1.86%. There was also some support for high street retailer Next, up 1.84%.

Adrian Holliday

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