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Archive for May, 2011

FSA gives rogue trader £1.09m fine for share ramping

Tuesday, May 24th, 2011

City regulator takes out court injunction to deter trader Samuel Kahn from further market abuse

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Glencore’s market debut as FTSE 100 stock marred by short selling

Tuesday, May 24th, 2011

• Shares closed at 525p against the offer price of 530p
• Glencore has raised $10bn from its initial public offering

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British Land loses 3% despite jump in full year profits

Monday, May 23rd, 2011

With the market under pressure, British Land has fallen back despite a solid set of full year figures

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FTSE falls to lowest level for two months on Euro debt fears

Monday, May 23rd, 2011

With the FTSE 100 falling to its lowest level for nearly two months on growing concerns about the European debt crisis, there was precious little for investors to cheer yesterday

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BP jumps nearly 4% as partner Moex pays $1.1bn towards Gulf oil disaster

Friday, May 20th, 2011

BP is leading the FTSE 100 higher after one of its partners involved in the Gulf of Mexico oil spill agreed to pay the company $1.1bn towards the cost of the disaster

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LinkedIn share surge signals dotcom bubble 2.0

Friday, May 20th, 2011

Business networking site’s flotation shares double in a day, in clear sign of new technology craze

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Glencore jumps 3% as conditional dealings start

Thursday, May 19th, 2011

Glencore has made a strong stock market debut as conditional trading in its shares saw them jump more than 3% initially before slipping back

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